In this in-depth analysis series Verdict Financial puts the world's largest wealth managers under the microscope to examine their recent financial performance as well as their strategies for growth and customer targeting.
Examine the financial performance and key ratios for Credit Suisse and benchmark this competitor against other global wealth managers.
Explore its recent M&A and growth strategies and their impacts on Credit Suisse's AUM growth and its financial performance.
Learn more about Credit Suisse's client targeting strategies and examine whether these have been successful.
What are Credit Suisse's recent M&A and organic growth highlights?
What is Credit Suisse's group level and wealth management unit financial performance?
Which customer markets does Credit Suisse aim to target?
How does Credit Suisse market and promote itself?
In terms of M&A and organic growth Credit Suisse has had a strong focus on UHNWs, especially in the emerging markets. It has particularly increased its presence in the Middle East and Asia through M&A activity, rather than organic growth.
In terms of group structure Credit Suisse merged its asset management and private banking operations to streamline the business in 2012. Verdict Financial analyses show that Credit Suisse was particularly successful at reducing its cost base between 2011 and 2012, while maintaining solid profit levels.
In comparison to the rest of Credit Suisse Group the wealth management division has been performing well in recent years, improving its contribution to group revenues between 2011 and 2012.