NEW YORK, Feb. 2, 2011 /PRNewswire/ -- Credit Suisse today announced the launch of the Credit Suisse Basic Materials Indicator (CSBMI) and new "Basic Indicators" report to be distributed monthly.
Credit Suisse North American Equity Research has teamed up with the Global Economics group to develop the CSBMI, which is comprised of a basket of 25 industry or sector indicators that reflect the strength of underlying demand, the level of production, and the price performance of the basic materials sectors. In addition to indicators covering the chemicals, energy, materials, and paper & packaging sectors, the CSBMI also includes transportation & shipping indicators as their performance generally reflects the underlying strength of global economic data.
In conjunction with the launch of the CSBMI, Credit Suisse North American Equity Research recently published a new report to be issued monthly entitled, "Basic Indicators." Combining "real world" indicators and equity analyst commentary, the report highlights what the performance of the basic materials, energy and transportation sectors reveal about the global economy.
Stefano Natella, Global Head of Equity Research at Credit Suisse, said, "We are committed to providing top tier research and tools to our clients. The Credit Suisse Basic Materials Indicator and monthly 'Basic Indicators' report, demonstrate our continued efforts to leverage our thought leadership across industries and our Equity and Fixed Income Research franchises."
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 50,500 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.
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