Credit Suisse

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Credit Suisse Group AG (Credit Suisse) is a Switzerland-based global financial services company. The Company operates in three segments: Private Banking, Investment Banking and Asset Management. The three segments are complemented by Shared Services, which provides support in the areas of finance, operations, including human resources, legal and compliance, risk management and information technology.

Private Banking offers advice and a range of wealth management solutions, including pension planning, life insurance products, tax planning and wealth and inheritance advice. Investment Banking offers investment banking and securities products and services to corporate, institutional and government clients around the world. Asset Management offers integrated investment solutions and services to institutions, governments and private clients. During the year ended December 31, 2008, Company acquired over 80% of Asset Management Finance Corporation (AMF).

The Credit Suisse Group is a financial services company, headquartered in Zurich, Switzerland. Credit Suisse was founded by Alfred Escher in 1856 under the name Schweizerische Kreditanstalt (SKA, Swiss Credit Institution). The bank is organized into three divisions, Investment Banking, Private Banking, and Asset Management. Shared Services, which includes functions such as IT and legal/compliance, encompasses all three major areas.

In 1942, it opened its first branch outside of Switzerland, in New York City. In 1988, it gained a controlling stake in The First Boston Corporation, hence the long-time name of its investment banking unit Credit Suisse First Boston. In 1993, Credit Suisse Group bought Schweizerische Volksbank (People's Bank of Switzerland). In 1996 the two retail banks were merged and renamed Credit Suisse. In 2000, it acquired the investment bank Donaldson, Lufkin & Jenrette (DLJ) and, with it, an e-commerce software portfolio, including DLJ Direct, that it later sold to the Bank of Montreal.

Founded in 1856, Credit Suisse can call upon a long tradition and many years of experience in the banking business. It provides companies, institutional clients and high-net-worth private clients worldwide, as well as retail clients in Switzerland, with advisory services, comprehensive solutions, and innovative products. Credit Suisse is active in over 50 countries and employs more than 48,500 people from approximately 100 different nation

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