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Credit Suisse Group A brief presentation
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November 1, 2011 Slide 2
Contents
Credit Suisse Group today key facts
Credit Suisse Groups financial strength
Credit Suisse locations
How we serve our clients
Vision, mission
What we do for our clients
Our history
Corporate citizenship
Employer of choice
Corporate governance
Board of Directors and Executive Board
Credit Suisse vs. peers
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Credit Suisse Group today key facts Global bank headquartered in Zurich, serving clients in private banking,
investment banking and asset management.
Registered shares of Credit Suisse Group AG (CSGN) are listed in Switzerland
(SIX) and as American Depositary Shares (CS) in New York (NYSE).
Total number of employees: 50,700.
The Groups long-term ratings are: Moodys Aa2, Standard & Poors A, Fitch
Ratings AA-.
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Credit Suisse Groups financial strength
Nine month 2011 results:
Net income: CHF 2,590 million
Return on equity: 10.7% Total net new assets: CHF 40.5 billion
Tier 1 ratio: 17.7%
Assets under management: CHF 1,196.8 billion
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November 1, 2011 Slide 5
Credit Suisse locations
Credit Suisse locations
Regional headquarters
Centers of Excellence Source: Credit Suisse Company Profile 2010
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Credit Suisse A Single Source for ServicesThe Credit Suisse business model combines the strengths and expertise in Private Banking, InvestmentBanking, and Asset Management. This combination enables the bank
to serve clients globally with integrated
solutions tailored to their needs.
Integrated Advice
Personal relationship managers give our clients access to experts, products, and every serviceoffered by our integrated bank
all from a single source.
Customized Banking Services
We offer individualized solutions tailored to our clients' life situations and needs.
Innovative and Comprehensive Solutions
We work across divisional borders to serve our clients with innovative and holistic solutions.
Global Reach
Our global presence and our partnerships in more than 50 countries allow our clients to transacttheir financial business anywhere in the world.
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Credit Suisse our visionOur vision is to become the worlds
most admired bank,
renowned for
our expertise in private banking,
investment banking and asset
management, and most valued for
our advice, innovation and execution.
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Credit Suisse our missionWe
set
new
standards
in partnering
with
our
clients
and providing
them
with
integrated
financial
solutions.
Cultural
diversity
is
essential to our
success.We strive to create an open, respectfulworkplace
that
encourages
people to
work
together
and with
our
clients
to
deliver
superior
products, services
and
results and support the success andprosperity
of our
stakeholders.
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What we do for private banking clients
In Private Banking, we offer comprehensive advice and a broad range of
financial solutions to private, corporate and institutional clients.
Private Banking comprises the Wealth Management Clients and
Corporate & Institutional Clients businesses.
In Wealth Management Clients, we serve more than two million clients,
including ultra-high-net-worth and high-net-worth individuals around the
globe and private clients in Switzerland, making us one of the largest
global players.
Our Corporate & Institutional Clients business serves the needs of over
100,000 corporations and institutions, mainly in Switzerland, and is an
important provider of financial products and services.
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What we do for investment banking clients
Investment Banking provides a broad range of financial products and
services, with a focus on businesses that are client-driven, flow-based
and capital-efficient. Our products and services include globalsecurities sales, trading and execution, prime brokerage, capital
raising and advisory services, as well as comprehensive investment
research.
Clients include corporations, governments, pension funds and
institutions around the world.
We deliver our global investment banking capabilities via regional and
local teams based in all major developed and emerging market
centers.
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November 1, 2011 Slide 11
What we do for asset management clients
Asset Management offers products across a wide range of asset
classes, including alternative investments such as hedge funds,
private equity, real estate and credit, and multi-asset class
solutions, which includes equities and fixed income products.
The division manages portfolios, mutual funds and other investment
vehicles for governments, institutions, corporations and private
clients worldwide.
Asset Management operates as a global integrated network inclose collaboration with Private Banking and Investment Banking.
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November 1, 2011 Slide 12
Regions (1/2)
Credit Suisse in Switzerland
Our home market is Switzerland, where we are a leading bank for private,corporate and institutional clients.
Relationship managers at more than 200 branches in the German, French and
Italian-speaking areas offer clients a full range of private banking services. We service corporate and institutional clients at 36 locations. The Investment Bank
offers a broad range of financial services to its Swiss client base, while AssetManagement offers traditional and alternative investment products, and multi-assetclass solutions.
Credit Suisse in Europe, the Middle East and Africa
Credit Suisse is active in 26 countries across the EMEA region with offices in 78cities.
Our regional headquarters are in the UK, but we have an onshore presence in
every major EMEA country. The region encompasses both developed markets such as France, Germany, Italy,
Spain and the UK, as well as emerging markets including Russia, Poland, Turkeyand the Middle East.
In 2010, we opened our first office in the Nordic region in Stockholm andexpanded our presence in South Africa.
Source: Credit Suisse Annual
Report 2010
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November 1, 2011 Slide 13
Regions (2/2)
Credit Suisse in Asia Pacific
The Asia Pacific region comprises 18 offices in 12 markets.
Singapore is home to our largest Private Banking operations outside Switzerland.
The region is also our fastest-growing Private Banking market globally.
Our integrated banking platform has a strong presence in the regions largestmarkets, such as Australia, Hong Kong and Japan, complemented by long-standing leadership in Southeast Asia and a rapidly growing franchise in China andIndia.
Credit Suisse in the Americas
The Americas region comprises our operations in the US, Canada, the Caribbeanand Latin America. Our three divisions are strongly represented across the region.
With offices in 44 cities spanning 14 countries, we offer our clients local access to
our global resources in their home markets. In 2010, we enhanced our Investment Banking platform in Canada, and our Private
Banking and Asset Management capabilities across the region.
Source: Credit Suisse Annual
Report 2010
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November 1, 2011 Slide 14
Our history
1856
Credit Suisse (CS) founded in Zurich as Schweizerische Kreditanstalt
1932
The First Boston Corporation established as a subsidiary of The First
National Bank of Boston1940
First
branch of CS outside Switzerland (New York)
1978
First cooperation between CS and The First Boston Corporation
1988
CS acquires controlling
stake in The First Boston Corporation
1993 Takeover of Volksbank1996
CS Holding becomes Credit Suisse Group as a holding company of
Credit Suisse and Credit Suisse First Boston2006
Launch of Credit Suisse as an integrated global bank
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Credit Suisse history in Switzerland
1856153 years ago, Alfred Escher founded Schweizerische Kreditanstalt (SKA)
which
later became Credit Suisse
to drive the expansion of the railway network and the
industrialization of Switzerland.
No Swiss statesman had such a profound impact on the country as Alfred Escher,
who laid the foundations for a modern Switzerland.
Alfred Escher (1819-1882)
Paradeplatz, Zurich
The monument of Alfred Escher at ETH Zurich, founded in 1854
Zurich main station
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1786Over
200 years
ago, the
founder
of the
Massachusetts Bank
forerunner
of First
Boston
financed
the
first
US ship
to China. The
First Boston Corporation was
created as the investment banking arm of the First National Bank of Boston in 1932and went public
in 1934.
State Street 1801:
State Street, Boston, 1801. On the right stood the American Coffee House, home of the Massachusetts Bank, 1792
1809.
Credit Suisse history First Boston Corporation
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Corporate Responsibility (1/2)
At Credit Suisse, we believe that our
responsible approach to business is
a decisive factor determining the
long-term success of our bank. We
therefore strive to act as a good
corporate citizen in every aspect of
our work.
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Corporate Responsibility (2/2)
Creating value in the long term
By executing our core competency as a financial intermediary and
risk assessor in line
with the highest industry standards, we can create long-term added value for our
clients, employees and shareholders, and the economy and society
as a whole.
Combining profitability with responsibility
towards our stakeholders, the society and the environment
Society: through open dialogue with the public, our support of humanitarian,
cultural and charitable organizations, and our sponsorship in education, sportsand culture.
Environment: by offering our clients innovative, sustainable business solutionsand continuously improving our own environmental performance.
Risk review processAn established review process ensures that we examine business transactions that mayinvolve environmental, social and human rights risks.
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Employer of choice
Credit Suisse Group considers the skills and cultural diversity of itsemployees to be among its greatest strengths.
Be an employer of
choice for men andwomen seeking
careers
in the
financial services
industry
Provide a
stimulating workingenvironment and
attractive training
and development
opportunities
Promote equal
rights in a workingenvironment freefrom discrimination
Credit Suisse aims to:
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Corporate governance
The Board consists solely of directors who have no executive functions within theGroup. As of December 31, 2010, almost all members of the Board wereindependent.
Code of Conduct: the Group strives to act with integrity, responsibility, fairness,
transparency and discretion at all times.
The Groups external reporting provides an accurate, fair and transparent pictureof the Groups financial condition.
Strong internal and external auditors play a critical role in providing anindependent assessment of the Groups operations and internal controls.
Credit Suisse Group is committed to ensuring compliance withinternational best practice in corporate governance.
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November 1, 2011 Slide 21
Chairman and CEO
Urs Rohner
Chairman of the
Board of Directors
Main activities:
Coordination of the work of the Board and itscommittees
Active involvement in developing the strategicbusiness plans and objectives of the Group
Active representation of the Group vis--vis
investors, stakeholders and the public
Brady W. Dougan
Chief
Executive
Officer
Main activities:
Operational management of the Group
Implementation of business strategy and financialplans
Definition of guidelines for the internal organizationand other general policies of the Group
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November 1, 2011 Slide 22
Divisional Management: Private Banking,Asset Management and Investment Banking
Eric VarvelCEO Investment Banking
Robert ShafirCEO Asset Management
Hans-Ulrich MeisterCEO Private Banking
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November 1, 2011 Slide 23
Heads of Shared Services
David Mathers
Chief
Financial Officer
Pamela Thomas-GrahamChief Talent, Brandingand CommunicationsOfficer
Romeo Cerutti
General Counsel
Tobias Guldimann
Chief
Risk
Officer
Karl Landert
Chief
Information
Officer
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November 1, 2011 Slide 24
Our
members
of regional management
work
in close
partnership
with
the
divisional
heads
to
deliver
the
combined
capabilities
of our
global integrated
bank
to our
clients.
Regional Management Asia-Pacific, Europe, Middle Eastand Africa, Switzerland, and Americas
Antonio QuintellaCEO Americas
Osama AbbasiCEO Asia-Pacific
Fawzi
Kyriakos-Saad
CEO EMEA
Hans-Ulrich MeisterCEO Switzerland
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November 1, 2011 Slide 25
Board of Directors of Credit Suisse Group
Urs Rohner, Chairman Jean Lanier
Peter Brabeck-Letmathe, Vice-Chairman Anton van Rossum
Jassim
Bin Hamad
J. J. Al Thani Aziz
R.D. Syriani
Robert H. Benmosche David W. Syz
Noreen Doyle John Tiner
Walter B. Kielholz Richard E. Thornburgh
Andreas Koopmann Peter F. Weibel
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November 1, 2011 Slide 26
Executive Board
Brady W. Dougan
Chief Executive Officer
Hans-Ulrich Meister
Chief Executive Officer
Private BankingRobert ShafirChief Executive Officer
Asset ManagementEric Varvel
Chief Executive Officer
Investment Banking
Romeo Cerutti
General Counsel
Tobias Guldimann
Chief Risk Officer
Karl Landert
Chief Information Officer
David Mathers
Chief Financial OfficerPamela Thomas-GrahamChief Talent, Branding and
Communications Officer
Divisional Management
Osama Abbasi
Chief Executive Officer
Credit Suisse Asia-PacificFawzi
Kyriakos-Saad
Chief Executive Officer
Credit Suisse EMEAHans-Ulrich Meister
Chief Executive Officer
Credit Suisse SwitzerlandAntonio Quintella
Chief Executive Officer
Credit Suisse Americas
Regional ManagementManagement Shared Services
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November 1, 2011 Slide 27
Credit Suisse vs. peers: June 30, 2011Market Capitalization, CHF bn B/S Assets, CHF bn
Assets under Management, CHF bn Employees -
Number of FTEs, t
46
15
30
39
39
42
59
60
78
94
102
137
149
Barclays
Credit Suisse
SocGen
Morgan Stanley
Nomura
Deutsche Bank
UBS
GS
BNP Paribas
Bank of America
CitigroupJPMorgan
HSBC
684
206
229
263
711
798
Bank of America n/a
Morgan StanleyGoldman Sachs
BNP Paribas 1,094
JPMorgan 1,130
Credit Suisse 1,233
Deutsche Bank 1,354
UBS 2,069
Nomura
Barclays
SocGen
Citigroup
HSBC
n/a1)
413
699
789
977
UBS1)
Credit Suisse
Goldman Sachs
Morgan Stanley
SocGen1) 1,414
Citigroup 1,647
JPMorgan 1,892
Bank of America 1,904
Barclays1) 2,018
Deutsche Bank1) 2,258HSBC1) 2,266
BNP Paribas1) 2,351
Nomura
1,237
Credit Suisse 51
Morgan Stanley 63UBS 66
Deutsche Bank 102
Barclays 146
JPMorgan 250
Citigroup 263
Bank of America 288
n/a
296
Nomura
Goldman Sachs
BNP Paribas
HSBC
SocGen
36
36
n/a
1) IFRS accounting standard2) Citigroup does not disclose information on AuM
(This slide is only available in English)