NEW YORK, Sept. 8, 2011 /PRNewswire/ -- In response to the widespread devastation caused recently by Hurricane Irene, Credit Suisse announced steps to assist the American Red Cross and Bahamas Red Cross with relief efforts.
The Bank has pledged USD 100,000 to aid recovery and rebuilding programs in the US and the Bahamas. In addition, the Credit Suisse Americas Foundation (the "Foundation") has launched an emergency fundraising appeal, offering US and Bahamas staff the opportunity to double the impact of their contributions to the American Red Cross and Bahamas Red Cross with a 1:1 match by the Foundation.
"Our staff, their families and the communities in which we operate were affected directly by the hurricane, and we want to help everyone in those areas recover as quickly and completely as possible," said Eric Eckholdt, Executive Director of the Credit Suisse Americas Foundation. "Credit Suisse and its employees have a long history of providing support for disaster relief following events such as Hurricane Irene, and our thoughts continue to be with all those impacted by this devastating event."
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 48,000 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 www.credit-suisse.com.
Credit Suisse Americas Foundation
The Credit Suisse Americas Foundation seeks to address societal challenges in the communities where our employees live and work through ongoing charitable and volunteer activities. Financial support is directed primarily to organizations where Credit Suisse employees are involved as volunteers, increasing the depth of the Foundation's impact, as well as to organizations that provide educational opportunities for disadvantaged young people. Annually over 4,500 Credit Suisse employees volunteer through the Foundation's programs, providing over 40,000 hours of services in 25 cities throughout the region.