Credit Suisse Recognized as Best Global Bank 2010 by Euromoney

In recognition of the "Best Global Bank" award, the Euromoney editors wrote, "With its successful execution on a new strategy, and high returns on a low-risk model, Credit Suisse is arguably the best-run bank in the world today. Its model is one that many other global banks are now seeking to emulate, if not in whole then certainly in part. The numbers speak for themselves: for the first quarter of this year, a tier one ratio highest in its class of 16.4%; risk-weighted assets lowest in its peer group at $218 billion; and a return on equity that was the highest of the global banks, at 23.3%." Other strengths highlighted by Euromoney include the Bank’s strong capital position, its credit rating and notable performances in the investment bank and private banking divisions.

Commenting on the awards at the Euromoney Awards for Excellence on July 8, Brady W. Dougan, CEO of Credit Suisse said, “We are honoured that Euromoney has chosen to recognise Credit Suisse tonight. While these awards recognize our past performance, we are mindful that we must continue to remain focused and responsive to further change in our industry. Firms that are willing and able to successfully change the way they do business have the best chance of thriving and we think our client focused, capital efficient strategy positions us well for the challenges ahead. We are grateful for the continued support of our clients, shareholders and employees, without whom these awards would not have been possible."

For the "Best Emerging Market Investment Bank" award, Euromoney recognised the strength of Credit Suisse’s emerging markets platform. It highlighted the introduction of the bank-wide Emerging Markets Council formed at the end of 2009 as a key driver of interconnectivity across the markets. It also highlighted the strength of our investment banking franchise in Mergers & Acquisitions, Debt Capital Markets and Equity Capital Markets. The depth and breadth of its emerging markets franchise was also evidenced in the regional and country awards. Credit Suisse was recognised as the "Best Investment Bank in Latin America", "Best Investment Bank in Central Eastern Europe" and "Best M&A House in the Middle East". It also received country awards for Brazil, Indonesia and Russia.

In Switzerland, Credit Suisse was recognised as the "Best Bank in Switzerland" for the fourth year in a row and was also named "Best Debt House in Switzerland" and "Best M&A House in Switzerland". The editors of Euromoney noted the continuing inflow of net new assets and the increased cooperation and cross-referrals between the private banking, asset management and investment banking businesses.

Enquiries:
Media Relations Credit Suisse AG, Tel. +41 844 33 88 44, media.relations@credit- suisse.com

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