Credit Suisse Receives Awards for “Best Private Banking Services Overall” in Euromoney Private Banking Awards 2010

Published February 10th, 2010 - 10:00 GMT

Credit Suisse has been recognized as having the “Best Private Banking Services Overall” by Euromoney magazine, a leading publication for the global banking and capital markets. This accolade, as well as the award for “Best Foreign Bank in the UAE” received by Credit Suisse, is based on the results of the Euromoney Private Banking Survey 2010.
Commenting on the awards, Walter Berchtold, Chief Executive Officer of Private Banking at Credit Suisse, said: “We are proud to be recognized by Euromoney. Credit Suisse strives to be a trusted financial partner, helping our clients thrive by identifying, understanding and satisfying their requirements. These awards recognize the strength of our integrated banking business, our global reach and the commitment and expertise we have delivered to our clients.”

In addition to the global award, the Euromoney survey also recognizes Credit Suisse as the “Best Foreign Bank in the UAE”. Bruno Daher, Co-CEO of Credit Suisse in the Middle East and Head of Private Banking in the region said: “This award underscores Credit Suisse’s position as a market leader in the UAE. Continued close collaboration across all divisions has been instrumental for the successful development of our regional business. We are proud to see these achievements recognised by our peers.”

The annual Euromoney rankings are based on a qualitative and quantitative review of the best services in private banking by markets and by areas of service. The survey also includes competitors’ perceptions of the best-performing providers in defined client and product services.

The Bank's global franchise with Middle Eastern clients was also awarded first place in the following sub-categories:

Net-worth-specific services for HNW I (USD 1-10 mio)
Net-worth-specific services for HNW II (USD 10-30mio)
Net-worth specific services for UHNW (more than USD 30 mio)
Privacy and security
Range of investment products
Range of advisory services
Equity portfolio management
Fixed income portfolio management
Hedge fund investment
Tax guidance and services
Offshore services

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