Profile: Credit Suisse Group AG (CS)
28 Sep 2016
Credit Suisse Group AG (Credit Suisse), incorporated on March 3, 1982, is a financial services company. The Company's segments include Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, Investment Banking & Capital Markets, Strategic Resolution Unit and Corporate Center. It offers a range of private banking and wealth management solutions to its clients in its Swiss Universal Bank, International Wealth Management and Asia Pacific divisions. It offers a range of investment advice and discretionary asset management services. It offers a range of investment services, including macroeconomic, equity, bond, commodity and foreign-exchange analysis, as well as research on the economy. Its investment advice covers a range of services from portfolio consulting to advising on individual investments. The Company offers its clients portfolio and risk management solutions, including managed investment products. It offers investment portfolio structuring and the implementation of individual strategies, including a range of structured products and alternative investments.
The Company offers products with limited correlation to equities and bonds, such as hedge funds, private equity, commodities and real estate investments. For corporate clients, it provides a spectrum of banking products, such as traditional and structured lending, payment services, foreign exchange, capital goods leasing and investment solutions. In addition, the Company applies its investment banking capabilities to supply customized services in the areas of mergers and acquisitions (M&A), syndications and structured finance. For corporations with specific needs for global finance and transaction banking, it provides services in commodity trade finance, trade finance, structured trade finance, export finance and factoring. For its Swiss institutional clients, including pension funds, insurances, public sector and ultra-high-net-worth individuals (UHNWI) clients, it offers a range of fund solutions and fund-linked services, including fund management and administration, fund design and global custody solutions. Its offering also includes ship and aviation finance and a range of services and products for financial institutions, such as securities, cash and treasury services.
The Company's investment products include multi-asset class solutions, which provide clients with strategies and management across asset classes. Its investment strategies include a suite of fixed income, equity and real estate funds, and its indexed solutions business, which provides institutions and individual clients access to a range of asset classes. It also offers institutional and individual clients a range of alternative investment products, including hedge fund strategies, commodities and credit investments. Equity capital markets originates, syndicates and underwrites equity in initial public offerings (IPOs), common and convertible stock issues, acquisition financing and other equity issues. Debt capital markets originates, syndicates and underwrites corporate and sovereign debt. Advisory services advises clients on all aspects of M&A, corporate sales, restructurings, divestitures, spin-offs and takeover defense strategies.
Credit products offer a range of fixed income products and instruments to clients across investment grade and credits, ranging from standard debt issues and credit research to fund-linked products, derivatives instruments and structured solutions. Investment grade trades domestic corporate and sovereign debt, non-convertible preferred stock and short-term securities, such as floating rate notes and commercial paper. Its finance provides capital raising and advisory services and core leveraged credit products, such as bank loans, bridge loans and debt for non-investment grade corporate, and financial sponsor-backed companies. Securitized products trades, securitizes, syndicates, underwrites and provides research for various forms of securities, primarily residential mortgage-backed securities (RMBS) and asset-backed securities (ABS). Both RMBS and ABS are based on underlying pools of assets, and include both government- and agency-backed, as well as private label loans. Core to the securitized products franchise is its asset financing business, which focuses on providing asset and portfolio advisory services, and financing solutions to clients across asset classes.
Emerging markets offer a range of fixed income products and instruments, including sovereign and corporate securities, local currency derivative instruments and emerging market investment products. The business is organized around financing, structured credit, trading, capital markets and strategic transactions, with a focus on supporting emerging markets through its onshore and offshore service models. Global macro products include its restructured rates and foreign exchange businesses. Its rates business includes a spectrum of cash and derivatives, including select non cleared and structured solutions. Foreign exchange provides market making in products, such as spot and options for currencies in developed markets. The foreign exchange product suite also includes technology to provide clients with electronic trading solutions.
Cash equities provide a suite of offerings, which include research, analytics and other products and services for clients, including mutual funds, investment advisors, banks, pension funds, hedge funds, insurance companies and other global financial institutions; sales trading, responsible for managing the order flow between its clients and the marketplace and providing clients with trading ideas and capital commitments; trading, which executes client orders and makes markets in listed and over-the-counter (OTC) cash securities, exchange-traded funds and programs, providing liquidity to the market through both capital commitments and risk management, and Credit Suisse's execution services (AES), a suite of algorithmic trading strategies, tools and analytics to facilitate global equity trading. Equity derivatives provide a range of equity-related products, investment options and financing solutions, as well as hedging and risk management capability and execution capabilities to financial institutions, hedge funds, asset managers and corporations. Convertibles involves both secondary trading and market making and the trading of credit default and asset swaps and the distribution of market information and research. The global convertibles business is an originator of new issues around the world.
Prime services offer hedge funds and institutional clients execution, financing, clearing and reporting capabilities across various asset classes through prime brokerage, synthetic financing and listed and OTC derivatives. In addition, prime services is a provider of advisory services across capital services and consulting for both start-ups and existing clients. Systematic market-making group operates a range of liquidity-providing and market-making strategies in liquid markets. Other products and activities include lending, certain real estate investments and the distressed asset portfolios. Lending includes senior bank debt in the form of syndicated loans and commitments to extend credit to investment grade and non-investment grade borrowers.
Swiss Universal Bank
The Swiss Universal Bank division offers advice and a range of financial solutions to private, corporate and institutional clients domiciled in the Company's home market Switzerland. The private banking business serves UHNWI, high-net-worth individual high-net-worth individuals (HNWI) and retail clients and the corporate and institutional banking business serves corporate clients, small and medium size enterprises, institutional clients and financial institutions. Its Private Banking business has a franchise in Switzerland, serving over 1.6 million clients. It also has a specialized consumer finance business branded BANK-now. In addition, it offers service, platform and technology support to external asset managers in Switzerland. Its Swiss network includes approximately 180 branches.
The Company's Corporate & Institutional Banking business offers advice and services to a range of clients, serving the needs of over 100,000 corporations and institutions, including corporate clients, small and medium-size enterprises, institutional clients, financial institutions and commodity traders. This business also includes its Swiss investment banking business serving corporate clients and financial institutions on financing transactions in the debt and equity capital markets and advising on M&A transactions.
International Wealth Management
The International Wealth Management division offers private banking financial solutions to private clients and external asset managers in Europe, Middle East and Africa (EMEA) and Latin America. The asset management business offers investment solutions and services to the private banking businesses and a range of other clients, including pension funds, governments, foundations and endowments, corporations and individuals. The Company serves its clients in approximately 50 locations in over 30 countries, utilizing access to a spectrum of its global resources and capabilities, as well as access to a range of services and products from third-party providers.
The Asia Pacific division offers integrated private banking and investment banking financial solutions to individuals, institutional investors and corporate clients in the Asia Pacific region. The division offers institutional investors access to financial markets and differentiated product offerings. Its Private Banking business combines its global reach through other divisions with an advisory process, offering a range of solutions and services. The Company offers its clients digital private banking access and serve in approximately 10 locations across over seven countries. The Investment Banking business supports its clients by advising on all aspects of M&A transactions, corporate sales and restructurings, divestitures and takeover defense strategies and provides equity and debt underwriting capabilities for entrepreneur, corporate and institutional clients. In addition, its investment banking business includes equity and fixed income sales and trading services, and provides access to a range of debt and equity securities, derivative products, and financing opportunities across the capital spectrum for corporate, sovereign and institutional clients.
The Global Markets division offers a range of equities and fixed income products and services, and focuses on client businesses and supporting its private banking and wealth management businesses and its clients. The clients include financial institutions, corporations, governments, institutional investors, including pension funds and hedge funds, and private individuals around the world.
Investment Banking & Capital Markets
The Investment Banking & Capital Markets division offers a range of investment banking services to corporations, financial institutions, financial sponsors and UHNWI and sovereign clients. The suite of products and services includes advisory services related to M&A, divestitures, takeover defense mandates, business restructurings and spin-offs. The division also engages in debt and equity underwriting of public securities offerings and private placements. It also offers derivative transactions related to these activities.
Credit Suisse Group AG
Company Web Links
- Credit Suisse, Barclays in mortgage-settlement talks with DoJ: Bloomberg
- MOVES-MFA, Amherst Capital, Credit Suisse, Peel Hunt, Saudi Hollandi Bank
- UPDATE 1-Credit Suisse, Barclays in mortgage-settlement talks with DoJ-Bbg
- Barclays, Credit Suisse in mortgage-settlement talks with DoJ - Bbg
- MOVES-Credit Suisse names Tsuneaki Hirao head of Japan private banking