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Topic: Credit Suisse


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In the News (Mon 9 Nov 09)

  
  Party-pooper steals show as new Credit Suisse CEO | Reuters
ZURICH (Reuters) - Brady Dougan used to be known as the Credit Suisse (CSGN.VX: Quote, Profile, Research) investment bank head who banned parties and color photocopying -- part of a larger drive to reform an institution that was badly damaged by the 2002 downturn.
But on Thursday, the 47-year-old American won his spurs as a top global manager after he was named chief executive of the 150-year-old Swiss bank in a move that stunned investors and helped send Credit Suisse shares to a record high.
Big questions include whether Credit Suisse will keep its slate clean after giving investors some nasty surprises, including a 3.3-billion-franc loss in 2002 and fines from U.S. regulators during the euphoria of the dot-com era.
www.reuters.com /article/ousiv/idUSL1572928920070215   (0 words)

  
  SAS | Customer Success: Credit Suisse
Credit Suisse was one of the first banks to recognize the potential of the Internet as a viable new business channel.
With the explosion in data volumes, Credit Suisse found that the original management information system (MIS), set up in early 1998 to track Direct Net activity, could not keep pace.
"Credit Suisse is very impressed at the speed with which this solution has been built, and the power and flexibility of SAS."
www.sas.com /success/creditsuisse.html   (898 words)

  
 SPSS - Customers
The analysis was used to identify potential leads among Credit Suisse's customers and intelligently market to them based on their individual preferences and histories.
With Clementine, Credit Suisse can now identify customers, typically the top one percent, who are extremely likely to buy a service, thus increasing the opportunities for cross-selling and retaining customers.
Credit Suisse used Clementine to analyze situations where customer interest in a service did not correlate with a purchase.
www.spss.com /success/template_view.cfm?Story_ID=91   (617 words)

  
 Credit Suisse
Save the Children is working with the department of education to ensure that children have the books and materials they need to continue with their education.
Renato Fassbind, Chairman of the Credit Suisse Group Foundation and Chief Financial Officer of Credit Suisse, says: "As part of our tsunami relief activities, the Credit Suisse Group Foundation is committed to helping with the long-term reconstruction of the affected areas.
Save the Children is deeply grateful to the Credit Suisse Group Foundation for its commitment to making lasting, real change in the lives of children in need.
www.savethechildren.org /corporate/partners/credit-suisse.html   (261 words)

  
  swissinfo - Credit Suisse reports record results and CEO Grübel to retire
Switzerland's second-largest bank, the Credit Suisse Group, has made a surprise announcement that its CEO Oswald Grübel, aged 63, is to retire on May 4.
The statement added that Credit Suisse had enjoyed a "good start" to 2007 and was well positioned to capture growth opportunities with its integrated bank model introduced in January 2006.
Credit Suisse chairman Walter Kielholz said the leadership change came at a time when the company was strong.
www.swissinfo.org /eng/front/detail/Credit_Suisse_CEO_Gruebel_to_retire.html?siteSect=105&sid=7530903   (782 words)

  
 Le Temps - Le bénéfice de Credit Suisse s'envole
Credit Suisse Group (CSG) a fait bondir son bénéfice net de 40,2% lors des neuf premiers mois de l´année, à 6,65 milliards de francs, dépassant déjà le résultat de 2005.
Pour Credit Suisse, le bénéfice net des neuf premiers mois relève quoiqu´il en soit déjà du record.
Credit Suisse maintient ses objectifs pour l´année prochaine.
www.letemps.ch /template/transmettre.asp?contenupage=nlreader&page=newsletterdisplay&id=14&NLArtID=8030   (561 words)

  
 Credit Suisse
Central to Credit Suisse's decision to use IONA Technologies' products was their ability to integrate new technologies with existing computer systems.
Credit Suisse, a business unit of the Credit Suisse Group, has an extensive branch network of around 240 branches in Switzerland and is a leading bank for Swiss corporations and individual customers.
Credit Suisse Group is one of the leading global financial services companies, providing a comprehensive range of banking and insurance products.
www.corba.org /industries/bankfin/creditsuisse.html   (497 words)

  
 swissinfo - Grübel announces Credit Suisse aims to create 4,000 jobs in Asia-Pacific region
Swiss bank Credit Suisse has fleshed out expansion plans in the lucrative Asia-Pacific region by announcing it may double its workforce in the area.
Credit Suisse declined to say exactly how many new positions would be created in the region and refused to comment on the distribution of these posts.
Credit Suisse rival UBS has also been busy in Asia-Pacific and recently vowed to increase the proportion of its total business from seven per cent to 12 per cent in the region in the next three years.
www.swissinfo.org /eng/front/detail/4_000_new_Credit_Suisse_jobs_in_Asia_Pacific.html?siteSect=105&sid=7033771   (467 words)

  
 swissinfo - Credit Suisse déçoit, UBS casse la baraque
Credit Suisse avait alors annoncé une charge extraordinaire de 421 millions de francs pour des bonifications salariales en actions.
Andy Penman estime que jusqu'à ce fameux 4e trimestre, Credit Suisse a en fait repris du terrain sur son rival en 2005.
UBS et le Credit Suisse (CS), les deux principales banques de Suisse, sont nées d'une série de fusions et acquisitions.
www.swissinfo.org /fre/a_la_une/detail/Credit_Suisse_de_oit_UBS_casse_la_baraque.html?siteSect=105&sid=6472339&cKey=1140027410000   (692 words)

  
 FT.com / World - Credit Suisse cracks Brazilian market   (Site not responding. Last check: )
Credit Suisse has made its first significant acquisition since its SFr12.3bn ($10.11bn) sale of its Winterthur insurance subsidiary with the purchase of a majority stake in a leading Brazilian asset manager.
The deal allows Credit Suisse, which has said it will use the Winterthur proceeds to expand its core businesses of private and investment banking, and asset management, to buy the rest of the Brazilian group in five years for a price based on unspecified performance targets.
Credit Suisse said all Hedging-Griffo's partners had signed long term retention contracts, minimising the risk of client losses that sometimes plague private banking acquisitions.
www.ft.com /cms/s/8fb69c02-9161-11db-b71a-0000779e2340.html   (452 words)

  
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www.guandrun.com /swiss-bank/credit-suisse.htm   (348 words)

  
 Credit Suisse Group Snares DLJ (Donaldson, Lufkin & Jenrette Inc. (DLJ),Goldman Sachs Group Inc. (GS),Morgan ...
Credit Suisse Group, a major financial player world-wide and Switzerland's second-largest banking group by assets, already has interests in private banking, asset management and insurance in addition to investment banking.
Credit Suisse management regularly denies that he is paid a salary of several tens of millions of dollars a year, but its officials admit that there is a high cost involved in running such businesses.
Credit Suisse will set aside $1.2 billion, a so-called retention pool, to prevent DLJ personnel from defecting to rivals, a source close to the company said on Tuesday.
www.smartmoney.com /bn/index.cfm?story=20000830073718   (1127 words)

  
 Credit Suisse Profit More Than Doubles, Credit Suisse 2nd-Quarter Profit More Than Doubles - CBS News
Credit Suisse, which sold its Winterthur insurance unit to France's AXA SA in June, said revenue rose 18 percent to 8.79 billion francs ($7.14 billion), helped by commission and fee income from its private bank and sharply higher trading revenue.
Credit Suisse's private banking unit, which caters to the financial needs of wealthy clients, collected 16.5 billion francs ($13.4 billion) in fresh money, with strong inflows from Europe and the United States.
Credit Suisse, which has been restructuring its units in a program called "one bank," said in a statement, "Revenue and operational synergies from the integration, together with a firm focus on costs, will also contribute to further improvements in profitability."
www.cbsnews.com /stories/2006/08/02/ap/business/printableD8J8ADQ81.shtml   (589 words)

  
 Credit Suisse to buy ResMae for $19.1M - Boston.com
Credit Suisse Group has agreed to acquire bankrupt subprime mortgage lender ResMae Mortgage Corp. for $19.1 million, subject to higher bids at auction.
Credit Suisse has agreed to fund ResMae's business pending a sale, but the deal must be completed by March 7, court papers said.
Also, Credit Suisse will be paid up to $2.6 million in termination fees if bested at auction.
www.boston.com /business/articles/2007/02/13/credit_suisse_to_buy_resmae_for_191m   (421 words)

  
 Credit Suisse - Fidelity
By investing with CREDIT SUISSE ASSET MANAGEMENT FUNDS (UK) LIMITED, the UK retail arm of Credit Suisse, investors have the opportunity to invest in the world's different stockmarkets and benefit from the potential long term gains that are associated with investment in shares.
Credit Suisse’s asset management business manages portfolios, mutual funds, and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals.
With offices focused on asset management in 18 countries, Credit Suisse’s asset management business is operated as a globally integrated network to deliver the bank’s best investment ideas and capabilities to clients around the world.
www.fidelity.co.uk /adviser/fnw/about/partners/creditsuisse.html   (442 words)

  
 Credit Suisse Bank – Swiss Guarantee of Destruction of Sakhalin’s Ecosystem? | Greenpeace Russia
Today Greenpeace Russia activists held a protest in front of the Credit Suisse Bank office demanding to invest in energy efficiency and energy saving rather than to fund the oil project “Sakhalin-2”.
On the same day a protest will be held near the headquarters of the Credit Suisse Bank in the U.S. In London the coalition of non-governmental organizations will organize a demonstration near the headquarters of Shell – the principal stakeholder of the Sakhlin-2 project.
Credit Suisse provides further funding of the project.
www.greenpeace.org /russia/en/press/releases/credit-suisse-bank-swiss-gua   (728 words)

  
 Business Objects Customers: Credit Suisse
Credit Suisse evaluated the market place for operational risk self-assessment solutions but decided to write an in-house system to Credit Suisses' specifications and integrate BusinessObjects XI Release 2 to create summary reports.
In addition, Credit Suisse created a management information platform for controllers to generate ad hoc queries and analysis on the self-assessment data in an easy to use, flexible way.
To get all it needed, Credit Suisse chose BusinessObjects XI Release 2 to allow the hundreds of users to access information critical to their business.
www.businessobjects.com /company/customers/spotlight/credit_suisse.asp   (751 words)

  
 Why Work for Credit Suisse? - a service from Vault.com
Amid their many differences, however, Credit Suisse employees exhibit important shared traits: a love of new challenges and of collaborating with smart, talented people from around the globe to solve problems for the world's most demanding companies and individuals.
Credit Suisse will give you all the tools you need to help you make an impact and stand out.
Credit Suisse provides market-leading support to clients in a wide array of industries.
www.vault.com /companies/whyus/whyus_main.jsp?product_id=303&wu_page=1&tabnum=6&ch_id=240   (533 words)

  
 Credit Suisse Posts Jump in Profit
Credit Suisse Group (CSR:NYSE - news - commentary - research - analysis) reported a 77% jump in first-quarter profit, helped by results at its Credit Suisse First Boston unit.
The company's Credit Suisse First Boston unit swung to a profit of $161 million, from a loss of $19 million in the first quarter of 2002.
"In addition, we are pleased that all of Credit Suisse Financial Services' segments improved their results in the first quarter, reflecting our targeted measures to reduce costs and adapt the business to prevailing market conditions," he added.
www.thestreet.com /markets/stockwatch/10085466.html   (230 words)

  
 Microsoft, Credit Suisse in European Net Pact
Credit Suisse said it had concluded a strategic pan-European partnership with Microsoft in which the Swiss financial group's new investment service will feature on Microsoft's MSN Web portal.
MSN said the deal with Credit Suisse was its largest one signed in Europe to date and was part of its strategy to provide vertical Internet content services from its home portal site.
Credit Suisse Group spokeswoman Ruth Stadelmann Kohler called the deal "a marketing promotional operation," adding it was non-exclusive for both partners.
www.thestandard.com /article/0,1902,19704,00.html   (828 words)

  
 Credit Suisse Group at mercury.com   (Site not responding. Last check: )
Credit Suisse Group is one of the world’s leading financial services companies, providing banking and insurance solutions for private clients, companies, and institutions.
As an organization that relies on fast, accurate reports, Credit Suisse Financial Services needed to adapt and scale its financial information system with the company’s evolving needs and the industry’s shifting demands.
Credit Suisse Financial Services reduced its PeopleSoft application instance refresh process from days to minutes.
www.mercury.com /us/customers/directory/index/credit-suisse.html   (237 words)

  
 TheStreet.com: Update: Credit Suisse First Boston to Buy DLJ
Credit Suisse First Boston has agreed to acquire Donaldson Lufkin & Jenrette (DLJ:NYSE - news), as expected, in an $11.5 billion deal that would create the second-largest lead underwriter of initial public offerings in the U.S., the companies said Wednesday.
Under the terms of the deal, Credit Suisse First Boston agreed to pay $90 a share in cash to DLJ's public shareholders, which hold about 30% of the company.
Credit Suisse will pay $5.75 billion in stock and $2.39 billion in cash to AXA.
www.thestreet.com /brknews/banks/1059816.html   (535 words)

  
 IBM Zurich Research Laboratory, News
By joining forces with counterparts at Credit Suisse, IBM's Zurich Research Laboratory and Sun Microsystems Laboratories, ETH Zurich researchers seek to coordinate their activities and establish a platform for intensive dialog on information security issues.
Credit Suisse Financial Services is a leading provider of comprehensive financial services in Europe and other selected markets.
Credit Suisse Financial Services is a business unit of Credit Suisse Group, which employs around 64,000 staff worldwide and assets under management amounting to CHF 710.2 billion (at the end of the second quarter 2003).
www.zurich.ibm.com /news/03/zisc.html   (1085 words)

  
 Credit Suisse is Halfway There
Credit Suisse (CSR) often disappoints investors, and Aug. 2 was no exception.
Credit Suisse trading revenues of $2.5 billion were down 36% from the first quarter, but up 36% year on year.
Credit Suisse blames "equity and foreign exchange market volatility." In the quarter, VaR was increased from $58 million in the first quarter to $75 million.
www.businessweek.com /globalbiz/content/aug2006/gb20060802_242955.htm   (774 words)

  
 Austin Business Journal: Credit Suisse Group company profile
Credit Suisse one of the world's premier banks, renowned for its expertise in investment banking, private banking and asset management, and most valued for its advice, innovation and execution.
Credit Suisse offers a broad range of investment banking and securities products and services to meet the needs of institutional clients, companies and government bodies.
Credit Suisse also provides expert advice and a comprehensive range of investment products and services tailored to the complex needs of high-net-worth individuals globally as well as private and business clients in Switzerland.
www.bizjournals.com /austin/gen/Credit_Suisse_Group_215800.html   (353 words)

  
 Datamonitor - Credit Suisse: integration, not originality, is path to recovery - Comment   (Site not responding. Last check: )
In its second quarter 2006 results, Credit Suisse said group profits more than doubled compared to the prior-year period.
The business model of Credit Suisse is more diversified, allowing it to rely on several sources of revenue.
In December 2004, Credit Suisse launched a key strategic initiative, aiming to form a fully integrated bank with three lines of business: investment banking, private banking and asset management.
www.datamonitor.com /~44ad9467652e450397db8f07e8782de9~/companies/company/?pid=0E18BE90-3CA6-4188-B6E6-F0B2C6EFB4ED&nid=6B9FD03D-CE65-40DF-844F-5DA67B9F1769&type=CommentWire&article=1   (388 words)

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