| Credit Suisse |
| SCORE: 74 |
|
| RANK: 7th |
| WEIGHTED SCORE: 101 (7th) |
|
| Management |
7 points |
|
| Two local veterans, Vik Malhotra and Helman Sitohang, run the business from different centres – Hong Kong and Singapore. This local influence pervades the firm. It’s a strength in a team without a star culture. But does that lack of stars hold the firm back in some parts of Asia? |
|
| DCM |
6 points |
|
| Has a competitive G3 bond business and appears on good share of high-margin business. Looking to expand local presence selectively but not trying to be pan-Asia primary bond house |
|
| ECM |
6 points |
|
| Ranks just outside the top five; perhaps ought to do better given its network but a solid performer |
|
| M&A |
7 points |
|
| Always prominent when it comes to China or southeast Asian business. Some complain they are not always quick enough to react to opportunities |
|
| Australia |
5 points |
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| Shows some ability, average performer in equities and M&A but needs to show more skill in debt. |
|
| India |
4 points |
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| New India markets head came in last year. Scored a few mandates but very much a work in progress |
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| North Asia - WEAK LINK |
4 points |
|
| China aside, Credit Suisse has traditionally underperformed outside its stranglehold markets in ASEAN. No sign of that changing just yet |
|
| Southeast Asia - STAR PLAYER |
9 points |
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| Number one playmaker in the region without a doubt. Dominates the pitch in Indonesia and the Philippines especially, across equity, debt and M&A. |
|
| Japan |
3 points |
|
| Occasionally comes on to the pitch, but seems to have decided to stay on the bench recently. Much jogging around the park in the last couple of years, but few goals to show for it and appears to be taking a break |
|
| China |
7 points |
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| A leading player. Joint venture firmly in play, yielding some small successes, and competes well in Hong Kong listings and cross-border M&A. |
|
| Markets |
7 points |
|
| Competitors recognise that CS has grabbed market share in last few months, especially in rates, credit and equities trading. Seen as being perhaps the leading player in electronic trading of FX, having started early and built up rapidly. |
|
| Owner |
9 points |
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| Credit Suisse has emerged in the top tier of global investment banks after the crisis. Chief executive is an Asia fan, having run the business for many years there. Expect more |
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| If Credit Suisse was a premier league club it would be: |
ASTON VILLA |
|
| Remember the glory days of the 1980s? With new American bosses, Credit Suisse is back in the big time. In Asia, it is relying on a policy of local talent that could pay dividends as the markets develop. But some doubt that the current team can break through into the top four. |
