Credit Suisse at a Glance

Uppers

  • “Great colleagues and managers”
  • “Reputation”
  • “Ability to work remotely”

Downers

  • “Compensation”
  • “Hours”
  • “Too many changes in leadership and management the last two years”

The Buzz

  • “Great name”
  • “Appears to have lost its way but certain groups remain strong”
  • “Prestige is highly dependent on product area”
  • “Middle of the pack”

About Credit Suisse

Credit Suisse Group is one of the world's largest financial services providers. It offers clients expertise in the areas of private banking, investment banking, and asset management. In 2015, Credit Suisse appointed Tidjane Thiam as its new CEO, replacing Brady Dougan. Tidjane Thiam had most recently served as Prudential Plc CEO. Soon after joining the firm, Thiam announced a strategic shift and introduced a three-year restructuring plan to scale back certain trading businesses and focus on Credit Suisse's wealth management business, its investment banking capabilities, and its presence in its home market of Switzerland. 

Today, Credit Suisse has operations in over 50 countries and more than 47,000 employees from over 150 different nations. The bank serves its clients through three regionally focused wealth management divisions: Swiss Universal Bank, International Wealth Management, and Asia Pacific. These regional businesses are complemented by Global Markets and Investment Banking & Capital Markets, two divisions specializing in investment banking capabilities. All five divisions work closely together to provide financial solutions.to clients. The divisions are supported by various corporate functions, which provide centralized corporate services and business support, as well as implement control procedures to help operate the bank on a daily basis. 

Credit Suisse's history dates back to 1856; nearly a century later, as World War II raged in Europe, the bank opened its first international branch, in New York City in 1942. In 1978, the bank began a partnership with The First Boston Corporation in the U.S., acquiring a controlling stake in the firm 10 years later and renaming itself Credit Suisse First Boston. In 2006, the firm rebranded to create an "integrated bank," and its investment bank dropped the First Boston affiliation and became known as simply Credit Suisse. 

Unlike many of its competitors, Credit Suisse stayed out of negative headlines during the worldwide credit crisis and did not require government funding to stay afloat. In fact, the firm emerged as one of the handful of big banks relatively unscathed by the crisis. Come 2011, like many of its competitors, it was also forced to reduce headcount in the face of souring markets worldwide. In 2014, its brand was somewhat tarnished by a settlement with the U.S. Department of Justice in which Credit Suisse pleaded guilty to conspiring to aid tax evasion on behalf of wealthy clients. The bank reached an agreement with the DOJ in January 2017 regarding residential mortgage-backed securities issues. 

More recently, in 2016, the bank was named Best M&A House in EMEA by EMEA Finance as well as Best Private Banking Asia by Asian Private Banker. In addition, it was named Best Investment Bank in several countries by Euromoney in 2017, and best M&A house in EMEA by the EMEA Finance Achievement Awards in 2017.

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Credit Suisse

11 Madison Avenue
New York, NY 10010-3629
Phone: (212) 325-2000
Fax: (212) 325-6665

Stats

  • Employer Type: Public
  • Stock Symbol: CS
  • Stock Exchange: NYSE
  • CEO, Credit Suisse Group: Tidjane Thiam
  • 2017 Employees: 47,200

Major Office Locations

  • Melbourne , Australia
  • Sydney, Australia
  • Sco Paolo, Brazil
  • Toronto, Canada
  • Montgomery, AL
  • Los Angeles, CA
  • Irvine, CA
  • Newport Beach, CA
  • San Francisco, CA
  • Palo Alto, CA
  • Greenwich, CT
  • Norwalk, CT
  • Stamford, CT
  • Miami, FL
  • Palm Beach, FL
  • Tampa, FL
  • Atlanta, GA
  • Chicago, IL
  • Bethesda, MD
  • Boston, MA
  • St. Peters, MO
  • Summit, NJ
  • Princeton, NJ
  • Albuquerque, NM
  • New York, NY
  • Bethpage, NY
  • Raleigh, NC
  • Columbus, OH
  • Doylestown, PA
  • Philadelphia, PA
  • Langhorne, PA
  • Conshohocken, PA
  • Plano, TX
  • Houston, TX
  • Bountiful, UT
  • Seattle, WA
  • Labaun, Malaysia
  • Mexico City, Mexico
  • Wroclaw, Poland
  • Moscow, Russia
  • Singapore, Singapore
  • Johannesburg, South Africa
  • Madrid, Spain
  • Zurich, Switzerland
  • Dubai, United Arab Emirates
  • London, United Kingdom
  • Paris, France
  • Frankfurt, Germany
  • Hong Kong, Hong Kong
  • Pune, India
  • Mumbai, India
  • Milan, Italy
  • Tokyo, Japan
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