2024 Vault Rankings
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. 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.Â
The bank'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.Â
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.Â
Today, Credit Suisse has operations in over 50 countries and more than 47,860 employees from over 150 different nations. It is led by its CEO, Thomas Gottstein.
11 Madison Avenue
New York, NY 10010-3629
Phone: (212) 325-2000
Employer Type: Public
Stock Symbol: CS
Stock Exchange: NYSE
CEO: Thomas Gottstein
2020 Employees (All Locations): 47,860
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