Credit Suisse Provides Integrated Financial Services in Israel

Credit Suisse Opens Office in Tel Aviv



Dec 04, 2007, 00:00 ET from Credit Suisse

    ZURICH, Switzerland and TEL AVIV, Israel, December 4 /PRNewswire/ --
 Today, Credit Suisse announced the official opening of its office in Tel
 Aviv. Credit Suisse is one of the first banks to provide comprehensive
 financial services to its clients in Israel, based on the combined
 resources of the integrated bank. The establishment of a local presence in
 Israel marks another major step forward in the implementation of its global
 growth strategy.
 
     Credit Suisse pursues its global growth strategy by further expanding
 its operations into one of its important growth markets. The bank has been
 building its activities and increasing its understanding of the country for
 almost two decades and will continue its commitment to its clients in
 Israel and the Israeli market. Credit Suisse's office in Tel Aviv will
 provide its investment banking, private banking, and asset management
 clients locally with a broad range of financial services, fully leveraging
 the entire expertise and capabilities of Credit Suisse's global platform.
 
     Maya Salzmann, Chairman of Credit Suisse in Israel and Market Area Head
 of Private Banking UK, International and Eastern Europe elaborated further:
 "We are delighted to be opening an office in Tel Aviv. Credit Suisse has
 traditionally had a strong, longstanding commitment to its clients in
 Israel and to the Israeli market and has been expanding its knowledge of
 the local market for almost two decades. By establishing a local presence
 in Israel, Credit Suisse shows its ongoing commitment to this important
 market."
 
     Muli Ravina, Chief Executive Officer of Credit Suisse in Israel, added:
 "We believe that there are excellent wealth creation opportunities in
 Israel as a result of its strong economic growth. The booming economy calls
 for additional financial services. Israeli clients are increasingly
 demanding more sophisticated financial solutions as well as access to a
 truly global platform for specialized financial services and products. Many
 Israeli corporations and individuals are expanding their businesses across
 the globe and there is a growing demand for leading international financial
 institutions to support these efforts. With over 150 years of Swiss banking
 tradition and experience, and its global financial platform and local
 expertise, Credit Suisse is well positioned to meet these needs."
 
     The subsidiary of Credit Suisse in Israel holds an Investment Marketing
 License from the Israel Securities Authority (ISA), which will allow it to
 deliver the full capabilities of the integrated bank to its clients in
 Israel. Credit Suisse in Israel is able to provide private banking clients
 locally access to global booking facilities and a wide range of services
 and products, including equities, bonds, mutual funds, structured products,
 alternative investments. In investment banking, Credit Suisse will expand
 its existing leadership position in the market and strengthen local
 relationships by providing clients with world-class comprehensive
 investment banking services from Tel Aviv as well as from other
 international locations.
 
     Credit Suisse's Asset Management business will continue to provide its
 portfolio management services, giving institutional clients access to a
 full product range across all asset classes, including fixed income,
 equities, balanced and alternative investments.
 
     For further information please visit the website of Credit Suisse
 Israel http://www.credit-suisse.com/il
 
     Credit Suisse
 
     As one of the world's leading banks, Credit Suisse provides its clients
 with investment banking, private banking and asset management services
 worldwide. Credit Suisse offers advisory services, comprehensive solutions
 and innovative products to companies, institutional clients and
 high-net-worth private clients globally, as well as retail clients in
 Switzerland. Credit Suisse is active in over 50 countries and employs
 approximately 47,000 people. Credit Suisse's parent company, Credit Suisse
 Group, is a leading global financial services company headquartered in
 Zurich. Credit Suisse Group's registered shares (CSGN) 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
 http://www.credit-suisse.com.
 
     The operating entity in Israel, Credit Suisse Financial Services
 (Israel) Ltd., is a wholly owned subsidiary of Credit Suisse, a Swiss Bank.
 
     Disclaimer
 
     This document was produced by and the opinions expressed are those of
 Credit Suisse as of the date of writing and are subject to change. It has
 been prepared solely for information purposes and for the use of the
 recipient. It does not constitute an offer or an invitation by or on behalf
 of Credit Suisse to any person to buy or sell any security. Any reference
 to past performance is not necessarily a guide to the future. The
 information and analysis contained in this publication have been compiled
 or arrived at from sources believed to be reliable but Credit Suisse does
 not make any representation as to their accuracy or completeness and does
 not accept liability for any loss arising from the use hereof.
 
 
Information: Media Relations Credit Suisse, telephone +41-844-33-88-44, media.relations@credit-suisse.com Pupi Ariely, Managing Partner, Stern-Ariely PR, telephone +972-3-6122130, pupi@sapr.co.il

SOURCE Credit Suisse
    ZURICH, Switzerland and TEL AVIV, Israel, December 4 /PRNewswire/ --
 Today, Credit Suisse announced the official opening of its office in Tel
 Aviv. Credit Suisse is one of the first banks to provide comprehensive
 financial services to its clients in Israel, based on the combined
 resources of the integrated bank. The establishment of a local presence in
 Israel marks another major step forward in the implementation of its global
 growth strategy.
 
     Credit Suisse pursues its global growth strategy by further expanding
 its operations into one of its important growth markets. The bank has been
 building its activities and increasing its understanding of the country for
 almost two decades and will continue its commitment to its clients in
 Israel and the Israeli market. Credit Suisse's office in Tel Aviv will
 provide its investment banking, private banking, and asset management
 clients locally with a broad range of financial services, fully leveraging
 the entire expertise and capabilities of Credit Suisse's global platform.
 
     Maya Salzmann, Chairman of Credit Suisse in Israel and Market Area Head
 of Private Banking UK, International and Eastern Europe elaborated further:
 "We are delighted to be opening an office in Tel Aviv. Credit Suisse has
 traditionally had a strong, longstanding commitment to its clients in
 Israel and to the Israeli market and has been expanding its knowledge of
 the local market for almost two decades. By establishing a local presence
 in Israel, Credit Suisse shows its ongoing commitment to this important
 market."
 
     Muli Ravina, Chief Executive Officer of Credit Suisse in Israel, added:
 "We believe that there are excellent wealth creation opportunities in
 Israel as a result of its strong economic growth. The booming economy calls
 for additional financial services. Israeli clients are increasingly
 demanding more sophisticated financial solutions as well as access to a
 truly global platform for specialized financial services and products. Many
 Israeli corporations and individuals are expanding their businesses across
 the globe and there is a growing demand for leading international financial
 institutions to support these efforts. With over 150 years of Swiss banking
 tradition and experience, and its global financial platform and local
 expertise, Credit Suisse is well positioned to meet these needs."
 
     The subsidiary of Credit Suisse in Israel holds an Investment Marketing
 License from the Israel Securities Authority (ISA), which will allow it to
 deliver the full capabilities of the integrated bank to its clients in
 Israel. Credit Suisse in Israel is able to provide private banking clients
 locally access to global booking facilities and a wide range of services
 and products, including equities, bonds, mutual funds, structured products,
 alternative investments. In investment banking, Credit Suisse will expand
 its existing leadership position in the market and strengthen local
 relationships by providing clients with world-class comprehensive
 investment banking services from Tel Aviv as well as from other
 international locations.
 
     Credit Suisse's Asset Management business will continue to provide its
 portfolio management services, giving institutional clients access to a
 full product range across all asset classes, including fixed income,
 equities, balanced and alternative investments.
 
     For further information please visit the website of Credit Suisse
 Israel http://www.credit-suisse.com/il
 
     Credit Suisse
 
     As one of the world's leading banks, Credit Suisse provides its clients
 with investment banking, private banking and asset management services
 worldwide. Credit Suisse offers advisory services, comprehensive solutions
 and innovative products to companies, institutional clients and
 high-net-worth private clients globally, as well as retail clients in
 Switzerland. Credit Suisse is active in over 50 countries and employs
 approximately 47,000 people. Credit Suisse's parent company, Credit Suisse
 Group, is a leading global financial services company headquartered in
 Zurich. Credit Suisse Group's registered shares (CSGN) 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
 http://www.credit-suisse.com.
 
     The operating entity in Israel, Credit Suisse Financial Services
 (Israel) Ltd., is a wholly owned subsidiary of Credit Suisse, a Swiss Bank.
 
     Disclaimer
 
     This document was produced by and the opinions expressed are those of
 Credit Suisse as of the date of writing and are subject to change. It has
 been prepared solely for information purposes and for the use of the
 recipient. It does not constitute an offer or an invitation by or on behalf
 of Credit Suisse to any person to buy or sell any security. Any reference
 to past performance is not necessarily a guide to the future. The
 information and analysis contained in this publication have been compiled
 or arrived at from sources believed to be reliable but Credit Suisse does
 not make any representation as to their accuracy or completeness and does
 not accept liability for any loss arising from the use hereof.
 
 
Information: Media Relations Credit Suisse, telephone +41-844-33-88-44, media.relations@credit-suisse.com Pupi Ariely, Managing Partner, Stern-Ariely PR, telephone +972-3-6122130, pupi@sapr.co.il SOURCE Credit Suisse