Credit Suisse
Summary
The Credit Suisse Group AG (SIX: CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, 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, marketing and legal/compliance, encompasses all three major areas.Credit Suisse is considered to be within the prestigious "bulge bracket" of investment banks. The firm earned accolades throughout the recent financial crises for prudent risk management and strategic allocation of capital. It also gained prestige for being one of the few major international banks to weather the crisis without any direct government support.
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Billionaires' club has welcomed 210 new members, Forbes rich list reports
Carlos Slim, worth $73bn, Microsoft founder Bill Gates, with $67bn and Zara tycoon Amancio Ortega are world's wealthiest.
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Financial Times touted by banks for £1bn
The Financial Times is being touted for sale by investment banks including Nomura, Credit Suisse and Bank of America Merrill Lynch for up to £1bn.
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Discovery moves into sport with a 20% stake in Eurosport
US factual broadcaster has the option of taking a controlling stake in the European company in two years.
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Russian mobile network MegaFon confirms London IPO
Mobile operator owned by Russia's richest man expected to float 15-20% of shares on London and Moscow exchanges.
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Quartz: Interesting… and uncertain
Atlantic’s new digital venture named Quartz is aimed at global business people. It innovates in many radical ways, but its business model remains dicey.
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5 things journalists should know about Quartz, Atlantic Media’s business news startup
Agence France-Presse | The Economist | Nieman Lab | Ad Week | News Thing | Quartz Tumblr Atlantic Media is about to launch its much-buzzed-about global business news product called Quartz, as soon as this… Read more.
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Atlantic Media's 'Quartz' will feature branded content
The launch of Quartz, the new business title from the Atlantic Media Co. , is two weeks away, and some of the content—in addition to its prominent journalists—will be coming from launch sponsors Boeing, Cadillac, Credit Suisse and Chevron. Advertisers are increasingly seeking to address consumers directly, and Quartz will enable them to publish branded content directly in its news stream through an ad element it's calling Quartz Bulletin.
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Quartz Launch Two Weeks Away
The launch ofQuartz, the new business title from the Atlantic Media Co. , is two weeks away, and some of the content—in addition to its prominent journalists—will be coming from launch sponsors Boeing, Cadillac, Credit Suisse and Chevron.
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Russian mobile operator MegaFon seeks £2.5bn London flotation
IPO of company controlled by Russia's richest man would be world's biggest since Facebook listed in New York.
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Investors brace for wild ride when Facebook announces earnings
NEW YORK (Reuters) - Investors in Facebook stock are bracing themselves for something wild.
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