Credit Suisse photograph

Credit Suisse

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Web site www.credit-suisse.com
Ceo Tidjane Thiam
HeadquartersZürich
Switzerland
Revenue21. 79 billion CHF (2018)
Number of employees45,680 (FTE, end 2018)
Founders Alfred Escher
Founded1856
AddressVia Santa Margherita, 3, 20121 Milano MI
Hours Open ⋅ Closes 8PM
Phone 800 505 515
Date of Reg.
Date of Upd.
ID621276
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About Credit Suisse


Credit Suisse Group AG is a Swiss multinational investment bank and financial services company founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world.

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Cameron's return revives memories of Greensill finance scandal

Cameron's return revives memories of Greensill finance scandal
Nov 13,2023 10:41 am

... Before Panorama s revelations, Cameron had repeatedly refused to tell Parliament how much he made promoting Greensill to investors who included customers of Swiss investment bank Credit Suisse...

Silicon Valley Bank: 500 jobs cut by new owner First Citizens

Silicon Valley Bank: 500 jobs cut by new owner First Citizens
May 25,2023 12:40 am

... Meanwhile in Europe, Swiss officials brokered a rescue deal for troubled banking giant Credit Suisse by its rival UBS, which...

First Republic: Future of US bank in doubt as investors flee

First Republic: Future of US bank in doubt as investors flee
Apr 26,2023 11:41 am

... In Europe, Swiss officials also brokered a rescue for troubled banking giant Credit Suisse, which saw 61...

£55bn withdrawn from Credit Suisse before collapse

£55bn withdrawn from Credit Suisse before collapse
Apr 24,2023 1:30 am

...Collapsed banking giant Credit Suisse says 61...

Business confidence up sharply at biggest firms

Business confidence up sharply at biggest firms
Apr 16,2023 7:41 pm

... " The survey was conducted from 21 March to 3 April, which was in the aftermath of the collapse of Silicon Valley Bank in the US and the forced merger of Credit Suisse with UBS...

Britain's economy is back, says chancellor

Britain's economy is back, says chancellor
Apr 14,2023 4:50 pm

... The outlook for the UK, which relies heavily on financial services, could be clouded by current uncertainty in the banking sector, following the collapse of three US banks and UBS s emergency takeover of Credit Suisse...

UK to be one of worst performing economies this year, predicts IMF

UK to be one of worst performing economies this year, predicts IMF
Apr 11,2023 9:21 am

... In March, Swiss banking giant Credit Suisse was taken over by its rival UBS...

'Cheated' Credit Suisse investors confront bank

'Cheated' Credit Suisse investors confront bank
Apr 4,2023 11:31 am

...By Vishala Sri-PathmaBBC NewsShareholders in Credit Suisse have told the firm they feel " failed" and " cheated" after the collapsed bank was rescued by its long-time rival UBS...

£55bn withdrawn from Credit Suisse before collapse

Mar 28,2023 7:20 am

Collapsed banking giant Credit Suisse says 61. 2 billion Swiss francs (£55. 2bn; $68. 6bn) left The Bank in The First three months of the year.

The Announcement gives an insight into the scale of The Bank run that caused the 167-year-old lender to fail and triggered its state-backed rescue.

It came as The Bank reported what are expected to be its last ever financial results.

Its forced sale to rival Swiss bank UBS is expected to be completed soon.

Credit Suisse 's flagship wealth management division saw assets it managed drop to 502. 5 billion francs at The End of March, almost 29% lower than the same period Last Year ,

" These outflows have moderated but have Not Yet reversed as of April 24, 2023, " it added.

Credit Suisse clients started pulling money out of The Bank after it was Caught Up in The Market turmoil that followed the collapses of Silicon Valley Bank and Signature Bank in the US in March.

In Switzerland, authorities put together a rescue package for Credit Suisse . It included More Than 200 billion francs of financial guarantees and saw UBS agree to take over Credit Suisse .

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Source of news: bbc.com

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