Credit Suisse Prime Services Tops 2010 Global Custodian Annual Survey

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Jun 24, 2010, 07:30 ET

NEW YORK, June 24 /PRNewswire-FirstCall/ -- Credit Suisse Prime Services has ranked #1 for the second consecutive year in the 2010 Global Custodian Prime Brokerage survey, earning more Best in Class awards than any bank. Among the clients surveyed for the 17th annual survey, Credit Suisse emerged as a leader in scores awarded for reputation. Other highlights include:

#1 in the global league tables
#1 for funds with $5 -$10 B assets under management
#1 for funds with over $10 B assets under management
#1 in Canada
#1 in Australia
#1 in Europe
#1 in Japan
#1 for multi-prime hedge funds

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"Credit Suisse is grateful for the recognition of our clients in naming us the world's best-in-class prime broker for the second straight year. The strength and consistency of their feedback – across strategies, regions and hedge fund sizes – validates Credit Suisse's commitment to providing a unique prime brokerage offering," said Philip Vasan, Managing Director of Credit Suisse and Head of Prime Services. "Our Bank's client-focused strategy has kept us very closely aligned with hedge funds and their investors through this last market cycle. We will continue to deliver innovative solutions to our select clients, whether established or start-up, as we help them outperform through the cycles to come."

Credit Suisse AG

Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). As an integrated bank, Credit Suisse offers clients its combined expertise in the areas of private banking, investment banking and asset management. Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 48,300 people. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

Investment Banking

In its Investment Banking business, Credit Suisse offers securities products and financial advisory services to users and suppliers of capital around the world. Operating in 57 locations across 30 countries, Credit Suisse is active across the full spectrum of financial services products including debt and equity underwriting, sales and trading, mergers and acquisitions, investment research, and correspondent and prime brokerage services.

SOURCE Credit Suisse AG