These companies offer clients investment products, private banking, financial advisory services, and investment banking.

Then, pushing their power even further, Credit Suisse First Boston acquired Winterthur Insurance in 1997, sending the company on a rocket trajectory upward that landed them among the top ten financial institutions in the world.įollowing this success, Credit Suisse opened Switzerland’s first online banking platform known as “Direct Net.” In 2002, the company went through another restructuring project in which Credit Suisse First Boston and Credit Suisse Financial Services streamlined their functions into two distinct business units. In 1993, Credit Suisse acquired Swiss Volksbank, Switzerland’s fourth-largest financial institution.

By 1978 the company acquired the First Boston Corporation in the US as part of its rebranding efforts and dubbed it CS First Boston. In 1942, the financial conglomerate opened an office in New York City, where it became a major gold trading house. Industry experts credit the company for playing a vital role in developing the Swiss franc, assisting Swiss entrepreneurs, and solidifying the reputation of the National Bank of Switzerland. The company boasts significant influence in Switzerland’s rise as an economic powerhouse during its first decades of existence. For More Information, Sign Up for Our NewsletterĬredit Suisse began as a company that supported the construction and infrastructure of the Swiss railway system as a public works project.Physical Characteristics of Credit Suisse Gold Bars.

Credit suisse gold bar pendant