Credit Suisse: special focus

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Euromoney's recent coverage of the Swiss bank's strategic overhaul.

AfE 2020 logo 197x136Awards for Excellence 2020
July 2020

Excellence in leadership in Western Europe 2020: Credit Suisse
Asia's best bank for wealth management 2020: Credit Suisse
Latin America's best bank for wealth management 2020: Credit Suisse
CEE's best bank for wealth management 2020: Credit Suisse
Western Europe: Switzerland's best bank: Credit Suisse
Western Europe: Switzerland's best investment bank: Credit Suisse
Asia: Laos' best investment bank: Credit Suisse
Asia: Pakistan's best investment bank: Credit Suisse
Asia: Vietnam's best investment bank: Credit Suisse


Asia_PB_20_WebAsiamoney Private Banking Awards 2020 
June 2020

Asia: Best International Private Bank: Credit Suisse
Asia: Best for Wealth Transfer/Succession Planning: Credit Suisse
Hong Kong: Best International Private Bank: Credit Suisse
Malaysia: Best International Private Bank: Credit Suisse
Taiwan: Best International Private Bank: Credit Suisse


The evolution of investment banks

April 2020 

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Diversify or specialize: that has been the question for all the big global corporate and investment banks since the financial crisis of 2008 – we delve into the data to see who did what.

Country_Awards_20_WebAsiamoney best bank awards 2020: Pakistan
Best international bank: Credit Suisse
March 2020


tidjane-thiam_2018_160x186When conduct goes wrong, who do you blame?
February 2020
If Credit Suisse's board felt able to fire a chief executive who was not personally involved in spying, how will Barclays respond if its own CEO falls foul of a personal regulatory probe?

Tidjane Thiam leaves Credit Suisse poised for growth
February 2020 

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New CEO Thomas Gottstein will change neither the strategy nor the structure at Credit Suisse, but rather focus on growth in every division.


As Tidjane Thiam leaves, Credit Suisse has much to be grateful for
February 2020
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The ouster of Tidjane Thiam has caused more shock outside Switzerland than within, where the insiders who needed him to fix Credit Suisse have been quite ruthless in expelling him now the job is done.

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Exclusive: Credit Suisse hires CMB's Wang Jing in proof of China private banking ambitions
January 2020
Lender lures China Merchants Bank’s head of private banking to oversee the Swiss bank’s onshore wealth management ops.

Class of 2019: Credit Suisse 
January 2020
‘Business as usual’ has been tough for the Swiss bank to achieve over the last 12 months. Management faces a challenge to show the bank will not just survive but thrive.


Edwin-Low-afe-160x186How to get ahead in investment banking
December 2019 
How the mighty have fallen.



What they said about CIB in Q3 '19: a guide to bank results
November 2019 
Investment bank quarterly heatmaps
3Q19 q heatmap
It's that time of year again, when we round up what senior management said about your business line in their quarterly earnings calls.

Best_Bank_Awards_19_WebAsiamoney best bank awards 2019
September 2019
Indonesia: Best private bank: Credit Suisse
Singapore: Best private bank: Credit Suisse
Malaysia: Best private bank: Credit Suisse


What they said about CIB in Q2 '19: a guide to bank results
August 2019 
Investment bank quarterly heatmaps
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Didn’t have time to go through your investment banking rivals’ results announcements? Don’t worry, we’ve done it for you, business by business.


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Awards for Excellence 2019

World's best bank for wealth management 2019: Credit Suisse
July 2019
With a new strategy of regionalization, integration and innovation, Credit Suisse’s wealth management business has set itself apart from its peers and brought the ethos of Swiss personalized service to an international platform.

Asia's best bank for wealth management 2019: Credit Suisse
Latin America's best bank for wealth management 2019: Credit Suisse
Country Awards: Latin America – Colombia's best investment bank: Credit Suisse
Middle East's best bank for wealth management 2019: Credit Suisse
Western Europe's best bank for advisory 2019: Credit Suisse
Country Awards: Western Europe – Switzerland's best bank/Best investment bank: Credit Suisse


Country_Awards_19_WebAsiamoney best bank awards 2019: Hong Kong

Best Private Bank Credit Suisse
June 2019

The CEO agenda: Tidjane Thiam, Credit Suisse
June 2019

Tidjane Thiam_780If you missed the US train, catch the one in China. 


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Paul Tregidgo: Syndicate was the hub of everything

April 2019
As part of Euromoney's 50th anniversary coverage, we profile some of the biggest names that we interviewed for our April capital markets focus. 




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Jim Amine: First mover advantage

April 2019
As part of Euromoney's 50th anniversary coverage, we profile some of the biggest names that we interviewed for our April capital markets focus. 


Latin America investment banking – the brittle relationship
March 2019
cliffedge-crumble-istock-780.jpgProfile: José Olympio Pereira, chief executive, Credit Suisse Brazil: The bull

What they said about CIB in 2018
February 2019
FY18 vs FY17 % change heatmap
heatmap FY18 680pxThe biggest dozen global investment banks have now reported their results: here's what their execs said about each of your businesses

Private banking: Who stays in Asia, wins in Asia
February 2019
padlock-old-rusty-780For many private banks that set up in Asia in the last decade, the cost of doing business kept them locked out of the vast expansion of wealth in the region; those that didn’t leave are settling into a more mature industry, but they are a long way from being able to relax.

The Euromoney 25: Class of 2018
January 08 2019

EM25 main 780pxWhich bank chief executives are raising a glass to a successful 12 months? How are the newcomers to the party settling in? Who’s hiding in the corner, drowning their sorrows? And will 2019 be a year of feast or famine? Euromoney reveals all in its progress reports for the Class of 2018.

Credit Suisse: Thiam sticks to the task
January 2019
Bullish chief executive is still struggling to convince the markets that his plan will work in the long term 

Bank earnings exgraphaganza: Thiam thinks Credit Suisse is an outlier – is it?
November 2018
MB_banner_investment_banking-600Credit Suisse’s CEO says his firm stands out in Europe: the numbers suggest he’s right 

Asset management: Should Europe’s banks buy back into the buy side?
November 2018
AM-europe-banking-illo-780Asset management is one of the few opportunities European banks have for growth and good returns, but regulation is challenging the captive market and margins are falling. Can banks build their own versions of the low-cost US fund management firms – or are these few remaining crown jewels heading the same way as their investment banks?

Credit Suisse takes algo credit trading into high yield
October 2018
digital bankingThe Swiss bank is pushing into new territory by taking automated trading into a more complex and less liquid market.

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Impact banking champion: Fabian Huwyler, Credit Suisse
September 2018
Head of green solutions, Impact, Advisory and Finance Department, Credit Suisse




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Asiamoney best bank awards 2018
September 2018
Indonesia: Best corporate and investment bank: Credit Suisse
Indonesia: Best private bank: Credit Suisse
The Philippines: Best private bank: Credit Suisse
Singapore: Best corporate and investment bank: Credit Suisse
Singapore: Best private bank: Credit Suisse
Thailand: Best private bank: Credit Suisse
Vietnam: Best corporate and investment bank: Credit Suisse

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New Silk Road Finance Awards 2018 
September 2018
Southeast Asia: Best individual BRI project or initiative in the region: Sale of Cogent Holdings to COSCO Shipping (Credit Suisse)
South Asia: Best individual BRI project or initiative in the region: Pakistan Water and Power Development Authority (Credit Suisse)


De Ferrari ditches Credit Suisse for AMP – an altogether different job 
August 2018

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Francesco de Ferrari was running private banking for Asia at Credit Suisse – arguably one of the most important and well-positioned roles in the bank – so why has he given it up to become CEO of beleaguered Australian wealth manager AMP, a place so toxic it lost its chief executive and chairperson within a fortnight in April?

Investment banks in 2Q18




Awards for Excellence 2018

Quick read: Thiam and the Credit Suisse revolution
August 2018
Euromoney chose Tidjane Thiam as Banker of the Year 2018: read on for a guide to Peter Lee's feature in the August issue of Euromoney examining the story behind the revolution that Thiam brought to Credit Suisse.

The master strategist: How Tidjane Thiam brought a revolution to Credit Suisse
July 2018
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It took an outsider to turn around Credit Suisse, to force executives and shareholders to accept that they had been following a false dream of a trading-dominated business that could somehow avoid blow-ups and produce acceptable returns. Tidjane Thiam has shrunk those businesses but also given them a chance to live on now as the servants of a revived wealth management operation with a focus on the richest entrepreneurs in emerging markets. His three-year battle to reduce risk, cut costs, raise capital, deal with regulators and identify and grow more promising business will be a case study in bank restructuring.

New behind-the-scenes insights into Tidjane Thiam’s turnaround at Credit Suisse
July 2018
As the signs become ever more apparent that CEO Thiam has revived Credit Suisse, Euromoney’s banker of the year shares the inside stories of a revolution.

Banker of the year 2018: Tidjane Thiam, Credit Suisse
July 2018
Tidjane Thiam’s radical three-year plan, which has reinvented Credit Suisse with wealth management at its core, is starting to pay off.

World's best investment bank in the emerging markets 2018: Credit Suisse
July 2018
Investment in Asia, combined with a willingness to blaze a trail, makes Credit Suisse an indispensable banking partner for clients in emerging markets.

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Asia's best investment bank 2018
Credit Suisse: Thiam’s Asia dreams come true
May 2018
It has taken a while, but a corner has been turned.

Awards for Excellence 2018
May2018
Middle East's best bank for wealth management 2018: Credit Suisse

Credit Suisse Brazil: Following through the upswing
March 2018
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The outlook for both Credit Suisse and Brazil is better than it has been in years, and CEO José Olympio Pereyira has his eyes firmly focused on the opportunities coming his way.


Tend token sale points to a regulated future for ICOs
January 2018

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As cryptocurrency markets collapsed in January and regulators threaten to clamp down further on initial coin offerings (ICOs), Tend – the blockchain-powered investment platform incorporated last year by Marco Abele, former chief digital officer at Credit Suisse – announced a new form of token sale.

Compliance rethink urged as banks face up to Mifid II
January 2018
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As the industry faces up to the harsh reality of new Mifid II rules, the challenge for banks of compliance with this and all post-2007 financial regulation has just become that little bit harder. One person who sees this as an opportunity rather than a problem is Eoin O’Shea, former global chief central compliance officer at Credit Suisse. O’Shea left Credit Suisse in November 2016 after 26 years with the bank to set up his own regulatory and compliance consultancy firm.





Asiamoney-Country-Awards-2017-196x126
Asiamoney best bank awards 2017
January 2018
Korea: best corporate and investment bank
Australia: best private bank
Indonesia: best corporate and investment bank
Malaysia: best private bank
Thailand: best international bank
Singapore: best corporate and investment bank





Impact investing: Conservation gets finance boost
January 2018

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Credit Suisse leads banks with coalition for investments; forest resilience bond slated for next year.

The conservation conversation after Bears Ears

December 2017

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I spoke last month to Fabian Huwyler. He leads Credit Suisse’s conservation finance efforts and represents the bank on the steering committee of the Coalition for Private Investment in Conservation (CPIC) – a collaboration of 43 organizations in the public and private sector working together on what he calls “blueprints” for conservation projects that can be financed as impact investments. 

Credit Suisse: Time to deliver
December 2017
Tidjane Thiam needs to prove that the new-look Credit Suisse can thrive and not just survive - and he might just do it.

Wealth management blockchain platform promises new standard for ICOs
December 2017

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Marco Abele, former head of digital for private banking at Credit Suisse, plans to tokenize billionaires’ luxury assets so millionaires can enjoy them too.

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Credit Suisse gives impact investing its Drew
November 2017
Marisa Drew has gone from being one of Credit Suisse’s most senior investment bankers to overseeing the Swiss group’s new global impact finance and advisory division, reporting directly to group chief executive Tidjane Thiam. Clients are curious. Should competitors take note?

November 2017 
Hard-ball US-style activism is unlikely to succeed in Europe. Order European banks are locking away value. Alas, this is still not fertile ground for activist investors such as RBR Capital Advisors, which is targeting Credit Suisse. 

Making sense of Belt and Road – The private bank CIO: Credit Suisse
September 2017
To John Woods, chief investment officer for Credit Suisse Private Bank in Asia, Belt and Road is a megatrend: one of those overarching themes that play out over many decades. His job is to translate that into an investable form for high net-worth clients.


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Awards for Excellence 2017

Asia's best bank for wealth management 2017: Credit Suisse
Asia's best bank for financing 2017: Credit Suisse
Middle East's best bank for wealth management 2017: Credit Suisse



Credit Suisse: Thiam tied up in knots
March 2017


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Rumours that a listing for the Swiss universal bank might be shelved cast doubt on the CEO’s strategy for Credit Suisse.

Brazil’s valuation recovery might have run out of steam
March 2017

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Credit Suisse books Brazilian profits and switches to Malaysia; crowded trade hints at heated valuations.

Banking: Mixed signals from Asia bonuses
March 2017
International banks are showing divergent patterns on remuneration. Credit Suisse was reported to have increased bonuses by 15% to some staff, UBS to be reducing them by the same amount and Deutsche to be preparing to resume paying them at all.

Asia: Sitohang’s mission to save Credit Suisse
August 2016

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With growth hard to come by elsewhere in Credit Suisse’s global network, CEO Tidjane Thiam has turned to Asia. He has given Asia Pacific chief Helman Sitohang not only tough targets, but also a degree of autonomy. Can he deliver?


Macaskill on markets: Thiam loses credit as Credit Suisse stumbles
March 2016
A botched move to take the distressed credit out of Credit Suisse and an ‘acceleration’ of the strategic plan give the impression the bank’s new leader is making it up as he goes along.

Thiam fights Europe’s – and Credit Suisse’s – corner in pointed rights-issue snub
November 2015

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Exclusion of leading US investment banks looks like a calculated move from Credit Suisse’s new CEO.

Credit Suisse: Whither global private banking?
November 2015
Credit Suisse is ditching its global ambitions in wealth management, suggesting that worldwide private banks have had their day.

Credit Suisse CEO to split the bank
October 2015
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Looks like the much-needed shake-up at Credit Suisse has finally come. Will it be a bank of three parts?

Credit Suisse to launch new digital wealth management offering
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February 2015
Next month Credit Suisse Private Bank will be rolling out new digital capabilities in Asia, and April will see the launch of a tablet banking offering in Switzerland.

Credit Suisse buoyed by Swiss and Asian clients
January 2015
Hans-Ulrich Meister, chief executive of Credit Suisse Private Bank, talks about his firm’s geographical aims.

Private banking CIO outlook 2015: Credit Suisse Private Bank
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January 2015
US growth, dollar appreciation, China slowdown and potential geopolitical fallout from lower oil prices: Michael Strobaek, global CIO for Credit Suisse Private Bank, discusses his firm's outlook for the year ahead.

Leveraged finance: Between a rock star and a hard place
December 2014
Regulators’ scrutiny of Credit Suisse’s leveraged finance business has the potential to hit one of its most successful divisions hard. Has the Swiss bank been unfairly singled out?

The sour taste of Credit Suisse’s plea
May 2014
Credit Suisse’s $2.6 billion fine and criminal conviction in the US tax-evasion case raises many questions.

Investment bank: Crunch time for Credit Suisse
May 2014
Does Swiss wealth management business really need an investment bank too?

Macaskill: Credit Suisse wobbles on its high-wire fixed-income act
March 2014
Emerging markets have bounced back impressively from an early-year slump that had threatened to turn into a full-blown crisis. But there are still plenty of questions about prospects for emerging nations and related banking revenues.

Credit Suisse's Olympio fights usurpers to his kingdom
December 2012
Can Credit Suisse’s newly promoted CEO of Brazil, José Olympio Pereira, maintain his own and his bank’s high standing in equity capital markets? Euromoney interviews Olympio to find out.