http://www.credit-suisse.com/news/en RSS Feed for Latest News EN © 2009 Credit Suisse Fri, 09 Jan 2009 14:41:32 +0100 Fri, 09 Jan 2009 14:41:32 +0100 media.relation@credit-suisse.com webmaster.csg@credit-suisse.com 60 http://www.credit-suisse.com/news/en/index.jsp http://www.credit-suisse.com/framework/img/logo_cs.gif http://www.creditsuisse-europe.com:80/news/en/media_release.jsp?ns=41025 The financial crisis that had been brewing for over a year finally impacted Switzerland's real economy in late fall 2008. Until the end of October, the Swiss economy had held up considerably better than the economies of most other industrialized nations. But with the US, Japan and a host of European countries already in recession for several quarters, the Swiss economy was unlikely to defy the downward trend for much longer. The economists at Credit Suisse expect Switzerland's gross domestic product (GDP) to decline by 0.6% in 2009. They forecast an inflation rate of 0.7%. Fri, 09 Jan 2009 08:30:00 +0100 Swiss Business Banking Private Banking Research, studies, publications http://www.creditsuisse-europe.com:80/news/en/media_release.jsp?ns=41021 For the first time, Credit Suisse economists have joined forces with retail and wholesale enterprise consultants Fuhrer & Hotz AG to compile a study of Switzerland's retail trade market. Its scope includes the economic environment and assessments by Swiss traders and manufacturers, as well as marketing aspects. After several boom years, the retail sector will again find itself confronted with saturated markets, overcapacity and structural change in 2009. Nevertheless, a survey by Fuhrer & Hotz indicates that more than eight out of ten retail enterprises expect increased sales in 2009, on a significant scale in some cases. Two out of three of the companies surveyed are planning to increase their 2009 marketing budgets accordingly. Such optimism may well come as a surprise in the light of current economic forecasts, but it shows that market players in the retail sector are not expecting a collapse; on the contrary, they continue to be confident about their own sales. Wed, 07 Jan 2009 10:00:00 +0100 Swiss Business Banking Research, studies, publications http://www.creditsuisse-europe.com:80/upload/news-live/000000021629.pdf The Credit Suisse Long/Short Equity Replication Index ("AIR LOSHO Index") was up 2.98% net in December, according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse. Tue, 06 Jan 2009 10:47:00 -0500 Asset Management http://www.creditsuisse-europe.com:80/news/en/media_release.jsp?ns=41023 Credit Suisse today announced that it has injected INR 794 crore (approx US$164 million) of capital in Credit Suisse Finance (India) Private Limited, to fund the operation of its non-banking financial company ("NBFC") in India. Current total capital of Credit Suisse Finance (India) Private Limited stands at INR 827 crore (approximately US$170 million). Tue, 06 Jan 2009 10:16:00 -0500 Investment Banking http://www.creditsuisse-europe.com:80/news/en/media_release.jsp?ns=41022 Credit Suisse economists expect all Asian economies to slow down sharply in 2009, but argue that most Asian economies are less vulnerable to the global financial crisis than many of their emerging markets peers because of a lesser reliance on external financing. In the recently published Emerging Markets Quarterly, they project 5.2% GDP growth (weighted) for the region this year, down from 6.9% in 2008, but anticipate a rebound to 6.5% in 2010. The economists argue that most economies in Asia will have limited room for fiscal stimulation, except for China. Tue, 06 Jan 2009 10:10:00 -0500 Investment Banking http://www.credit-suisse.com/news/en/media_release.jsp?ns=41016 Credit Suisse today announced it had signed an agreement to sell part of its Global Investors ("GI") traditional asset management business in return for up to 24.9% of the enlarged share capital of Aberdeen Asset Management. Wed, 31 Dec 2008 08:02:00 +0100 Swiss Business Banking Investment Banking Asset Management Research, studies, publications Corporate Info Corporate Reporting Private Banking http://www.creditsuisse-europe.com:80/news/en/media_release.jsp?ns=41019 Credit Suisse and Founder Securities announced today that their securities joint venture in China has received the business permit from the China Securities Regulatory Commission ("CSRC") to commence providing investment banking services to clients in the domestic China market. Tue, 30 Dec 2008 09:00:00 +0100 Investment Banking http://www.creditsuisse-europe.com:80/upload/news-live/000000021628.pdf The Credit Suisse Long/Short Equity Replication Index ("AIR LOSHO Index") was up 4.13% net for the month through December 12 according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse. Tue, 16 Dec 2008 10:03:00 -0500 Asset Management http://www.creditsuisse-europe.com:80/news/en/media_release.jsp?ns=41013 According to economists at Credit Suisse, the global business environment in 2009 will again be characterized by serious economic concerns. Global economic growth is likely to be only modest, with emerging markets as the sole drivers. The state of the G3 economies - the US, Europe and Japan - will not improve until the second half of next year, according to Credit Suisse forecasts. Tue, 16 Dec 2008 11:00:00 +0100 Research, studies, publications http://www.creditsuisse-europe.com:80/upload/news-live/000000021627.pdf Final Performance for the Credit Suisse/Tremont Hedge Fund Index is down 4.15% in November, according to Oliver Schupp, President of Credit Suisse Index Co., Inc. Mon, 15 Dec 2008 15:21:00 -0500 Asset Management http://www.creditsuisse-europe.com:80/news/en/media_release.jsp?ns=41012 Unemployment, rising healthcare costs, and pensions: those are the three areas that have worried Swiss voters most in the past eight years. Recently, there has been a noticeable rise in concern about the loss of purchasing power due to inflation. At the same time, the number of Swiss who are proud of their country continues to rise steadily. Whereas the watchmaking industry, the country's international reputation for quality and its strong brands are the leading reasons for pride in the Swiss economy, Switzerland's independence, neutrality and citizens' rights make people proud of the Swiss political system. These are the results of the most recent Credit Suisse Worry Barometer survey. Mon, 15 Dec 2008 09:00:00 +0100 Swiss Business Banking Investment Banking Asset Management Private Banking Corporate Info Research, studies, publications http://www.creditsuisse-europe.com:80/upload/news-live/000000021615.pdf The Credit Suisse Commodity Return Strategy Fund (the "Fund"), managed by Christopher Burton and Andrew Karsh, provides exposure to the return of the Dow Jones - AIG Commodity Index Total Return (the "Index"), and is designed to achieve positive total return relative to the performance of the Index. The Fund invests its assets in a combination of commodity-linked derivative instruments and fixed-income securities. Wed, 10 Dec 2008 10:02:00 -0500 Asset Management