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Credit Suisse Group (CSG) is Switzerland's second largest financial services company, behind the much larger UBS. CSG has offices in some 50 countries. The former Credit Suisse First Boston (CSFB) is now the investment banking division of CSG providing debt and equity underwriting, mergers & acquisitions, and other securities services. CSG asset management provides investment for private, government, and institutional clients. CSG has retail banking in Switzerland with about 215 branches. ^[1]

Contents 1 History 2 Coal investments 3 Credit Suisse Private Equity 4 Political contributions 5 Lobbying 6 Personnel 7 Contact details 8 References

History

• 1856 Credit Suisse founded
• 1905 First branch (in Basel)
• 1940 First branch outside Switzerland (in New York)
• 1978 Start of co-operation with The First Boston Corporation
• 1988 Controlling stake in The First Boston Corporation
• 1989 CS Holding became parent company of the Group
• 1990 Acquisition of Bank Leu
• 1993 Acquisition of Swiss Volksbank
• 1994 Strategic alliance with Swiss Re
• 1995 Strategic alliance with Winterthur Group
• 1996 CS Holding becomes Credit Suisse Group
• 1997 Merger with Winterthur Group
• 2000 Acquisition of Donaldson, Lufkin & Jenrette (DLJ)
• Jan. 2002 Streamlining of the Group's organizational structure into two business units: Credit Suisse Financial Services and Credit Suisse First Boston

Coal investments

Credit Suisse is a major financier of new coal plant construction. New coal-fired power plants being funded by the company include:

• Longleaf (GA)
• Council Bluffs Energy Center Unit 4 (IA)
• LS Power Elk Run Energy Station (IA)
• Prairie State Energy Campus (IL)
• Edwardsport Plant (IN)
• Smith Station (KY)
• Thoroughbred Generating Station (KY)
• Midland Power Plant (MI)
• Cliffside Plant (NC)
• Mustang Energy Project (NM)
• White Pine Energy Station (NV)
• Sallisaw Project (OK)
• Marion City Project (SC)
• Big Brown 3 (TX)
• Lake Creek 3 (TX)
• Martin Lake 4 (TX)
• Monticello 4 (TX)
• Morgan Creek 7 (TX)
• Oak Grove Plant (TX)
• Sandy Creek Plant (TX)
• Tradinghouse 3 & 4 (TX)
• Valley 4 (TX)
• Hunter 4 (UT)
• Intermountain Power Project Unit 3 (UT)
• LS Power Sussex proposal (VA)
• Jim Bridger Unit 5 (WY)

Credit Suisse Private Equity

Credit Suisse Private Equity (CSPE), the global private equity arm of Credit Suisse, is one of the largest managers of alternative assets in the world, with $29 billion of assets under management. Credit Suisse Private Equity is comprised of investment funds that focus on domestic and international leveraged buyouts and other private equity investments, including mezzanine, real estate, venture capital, fund of funds and secondary funds. CSPE includes the family of DLJ Merchant Banking funds and the Sprout funds. CSPE maintains offices in New York, London, Buenos Aires, Hong Kong, Tokyo, Sao Paulo, Chicago, Los Angeles, Menlo Park, and San Francisco. ^[2]

Political contributions

Patrick J. Durkin, then Managing Director of Credit Suisse First Boston Corp., was a Bush Ranger having raised at least $200,000 for Bush in the 2004 presidential election. ^[3]

Credit Suisse Securities gave $507,970 to federal candidates in the 2006 election through its political action committee - 48% to Democrats and 51% to Republicans. ^[4]

Lobbying

The company spent $1,720,000 for lobbying in 2006. In-house lobbyists and four outside lobbying firms were used. The lobbying firms included Federalist Group and Mayer, Brown et al. ^[5]

Personnel

Selected executives: ^[6]

• Brady W. Dougan, Chief Executive Officer
• Urs Rohner, Chief Operating Officer and General Counsel
• Renato Fassbind, Chief Financial Officer

Selected board members: ^[7]

• Walter B. Kielholz, Chairman of the Board
• Robert H. Benmosche, Former Chairman of the Board and Chief Executive Officer of MetLife, Inc.
• Peter F. Weibel, Retired Chief Executive Officer of PricewaterhouseCoopers AG

Selected advisory board members: ^[8]

• Flavio Cotti, Chairman, Former Federal Councilor, Brione sopra Minusio, Switzerland
• Franz Albers, Partner Albers & Co., Zurich, Switzerland
• Susy Brüschweiler, Chief Executive Officer of SV Group, Dübendorf, Switzerland

Contact details

Headquarters:
Paradeplatz 8
8070 Zurich
Switzerland
Phone: +41-44-212-16-16
Fax: +41-44-333-25-87
Web: http://www.credit-suisse.com

U.S. Office:
Eleven Madison Avenue
New York, NY 10010-3629
US
Phone +1 212 325 2000
Fax +1 212 325 6665

References

1. ↑ Credit Suisse Group Profile, Hoovers, accessed August 2007.
2. ↑ Private Equity Overview, Credit Suisse, accessed September 2007.
3. ↑ Pioneers and Rangers, Texans for Public Justice, accessed August 2007.
4. ↑ 2006 PAC Summary Data, Open Secrets, accessed August 2007.
5. ↑ Credit Suisse Group lobbying expenses, Open Secrets.
6. ↑ Executive Board, Credit Suisse Group, accessed August 2007.
7. ↑ Board of Directors, Credit Suisse Group, accessed August 2007.
8. ↑ Advisory Board, Credit Suisse Group, accessed August 2007.

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