ABOUT THIS COMPANY

ABOUT THIS COMPANY

One of the world's largest financial institutions, the Credit Suisse Group employs about 49,000 people around the world. Credit Suisse offers investment banking, private banking and asset management services to its clients via 57 offices in 26 countries. The bank's structure is built around three categories: corporate clients, institutional clients and individual clients.

The investment banking operations of Credit Suisse were formerly known as Credit Suisse First Boston, and though the firm shed the First Boston moniker in 2006, it still holds the prestige of both respected institutions. Credit Suisse Group was formed over 150 years ago and First Boston has 70 years of history under its belt. The companies officially merged in 1997.

In the Asia Pacific region, the firm has 15 offices in 12 markets. Credit Suisse has hubs in Singapore, Hong Kong, India, Australia and Tokyo. Of the firm's net revenue for the Asia Pacific region, roughly 70 percent comes from non-Japan Asia, with around 20 percent from Japan and 15 percent from Australia. In the Asia Pacific region, the investment banking division is responsible for about 80 percent of net revenue while private banking and asset management bring in about 15 percent and 5 percent, respectively.

New leaders focus on Asia Pacific

Credit Suisse made some high-level executive changes in 2007, ushering a new era of leadership that will almost certainly be associated with inheriting the most challenging market conditions of recent history. Kai Nargolwala was appointed as the new CEO of the Asia Pacific region in January 2008. Paul Calello, the former CEO of the Asia Pacific region, was promoted to CEO of investment banking and Brady Dougan was named the new CEO of the Credit Suisse Group. Dougan also has extensive Asia Pacific experience.