Credit Suisse named Euromoney Magazine's Best Wealth Management House 2011

Press release

Published July 12th, 2011 - 01:29 GMT

Credit Suisse was named the "Best Wealth Management House 2011" by Euromoney magazine, a leading publication for the global banking and capital markets. In addition, Credit Suisse received 11 regional and country awards, including “Best Bank in Switzerland.” The honors are based on the results of Euromoney’s Awards For Excellence Survey 2011.

Walter Berchtold, Chief Executive Officer Private Banking, said, "We are proud of these accolades, which reinforce our leading position across the globe. Euromoney, like our peers, recognize our broad expertise, our high quality, comprehensive advice as well as the strength of our business model – based on the close coordination between Private Banking, Investment Banking and Asset Management. The award is a recognition also of our global footprint in emerging markets, most notably Asia, as key to attracting client assets.”

He added, “We are particularly pleased to be recognized by Euromoney in our home market of Switzerland for the high level of service that we provide to clients. We continue to believe in Switzerland as one of the most important financial centers in the world for wealth management given its heritage of a sound political system and stability and its beneficial regulatory framework."

The annual Euromoney rankings are derived from a qualitative and quantitative review of the best services in private banking by markets and by areas of service. The survey includes competitors’ perceptions of the best-performing providers in defined categories.

These accolades are the result of Credit Suisse’s consistent execution of its client-focused strategy over a number of years. By developing comprehensive advisory services on a global platform and offering clients the full resources of the Bank, Credit Suisse has been able to deliver value-added service to all targeted client segments. Credit Suisse has the right strategy in place as underscored not only by its client momentum, but also by awards such as these.

Background Information

Credit Suisse

Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). As an integrated bank, Credit Suisse offers clients its combined expertise in the areas of private banking, investment banking and asset management.

Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide.

The group employs approximately 50,500 people. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York.