Credit Suisse Group reports net income of CHF 2.0 billion in the first quarter of 2009

Credit Suisse Group reports net income of CHF 2.0 billion in the first quarter of 2009
Credit Suisse Group reported net income attributable to shareholders of CHF 2,006 million in the first quarter of 2009 compared with a net loss of CHF 2,148 million in the prior-year period. Core net revenues were CHF 9,557 million in […]

Credit Suisse Again Voted Best Global Custodian

Credit Suisse Again Voted Best Global Custodian
Top honors also in “Asset Owner” and “Asset Manager” categories
As in the previous year, Global Custody Solutions at Credit Suisse was again voted “Best Global Custodian 2009″ - ahead of notable Swiss and international global custodians - in this year’s R&M Survey. Besides being awarded the top overall score, […]

Contactless payment by mobile phone - technically possible, work continues on requirements for commercial use

Contactless payment by mobile phone - technically possible, work continues on requirements for commercial use
Insights from pilot test by Credit Suisse, PostFinance, SIX Multipay, Swisscard, Swisscom and Visa Europe
In the fall of 2008, Credit Suisse, PostFinance, SIX Multipay, Swisscard, Swisscom, and Visa Europe tested contactless payment using Near Field Communication (NFC) technology for payments made […]

Annual General Meeting of Credit Suisse Group AG:

Annual General Meeting of Credit Suisse Group AG:
All proposals put forward by the Board of Directors approved
At today’s Annual General Meeting of Credit Suisse Group AG in Zurich, shareholders approved all of the proposals put forward by the Board of Directors. In particular, shareholders approved the re-election to the Board of Directors of Hans-Ulrich Doerig, […]

Credit Suisse Announces Asset Management Global Institutional Distribution Team and Strategy

Credit Suisse Announces Asset Management Global Institutional Distribution Team and Strategy
Credit Suisse today announced that it has largely completed the expansion of its Asset Management Global Institutional Distribution team with the appointment of 18 senior professionals worldwide. The Global Institutional Distribution team is an integral component of the Asset Management business’s strategy to provide its […]

Credit Suisse’s Advanced Execution Services (AES) launches algorithmic trading in Abu Dhabi, Dubai, Egypt, Israel and Turkey

Credit Suisse’s Advanced Execution Services (AES) launches algorithmic trading in Abu Dhabi, Dubai, Egypt, Israel and Turkey
Credit Suisse’s Advanced Execution Services (AES) unit is pleased to announced that it has rolled out access to direct market access and algorithmic trading to five new markets. The Bank will execute trades on the Abu Dhabi Securities Exchange […]

Credit Suisse to host open Private Equity Conference on Small & Emerging Managers and In-State Investments

Credit Suisse to host open Private Equity Conference on Small & Emerging Managers and In-State Investments
Michigan Governor Jennifer Granholm to address the conference
On Tuesday, April 21, 2009, approximately 300 U.S. based pension plans, endowments, foundations, private equity fund managers and other industry participants will convene in Detroit, Michigan for the Third Annual “Credit Suisse Private […]

Credit Suisse Announces the Launch of New Global Macro Replication Index

Credit Suisse Announces the Launch of New Global Macro Replication Index
Credit Suisse today announced the launch of a new Global Macro Replication Index which aims to capture the risk/return characteristics of the Credit Suisse/Tremont Global Macro Hedge Fund Index. The new index enables investors to gain liquid, transparent insight into the global macro hedge fund […]

Lim Eng Guan joins Credit Suisse’s Private Banking division as Managing Director and Market Leader for Singapore

Lim Eng Guan joins Credit Suisse’s Private Banking division as Managing Director and Market Leader for Singapore
Credit Suisse has appointed Lim Eng Guan as Managing Director and Market Leader for Singapore in its Private Banking division. In his new role, Mr Lim leads Credit Suisse’s expanding local team to further accelerate its business in Singapore’s […]

Interim Management Statement - three months to 31 March 2009

Interim Management Statement - three months to 31 March 2009
Net flows reflect our decision not to renew lower margin bulk investment bond deals
Worldwide life and pensions net inflows of £331m1 (2008: £491m), excluding lower margin bulk investment bond deals
Overall worldwide life and pensions net outflows of £28m1 (2008: net inflows of £931m)
Worldwide third party […]