Credit Suisse opens new office in Thailand

          Credit Suisse today announced that it has moved its entire Thailand operations to a premier office building Athenee Tower on December 24, 2Credit Suisseen9. The new location underscores the bank's growth plans in this important market.
          The Bank will occupy one floor of the Athenee Tower, expanding Credit Suisse's office space to en,35Credit Suisse sqm and will have a capacity for around enCredit SuisseCredit Suisse employees. This move allows the bank to consolidate operations and employees across wealth management, investment banking and trading functions into one single location. The new office will have state-of-the-art facilities as well as additional meeting rooms for greater interaction and engagement between clients and employees.
          Globally and in Thailand, Credit Suisse aims to be a long-term partner to entrepreneurs through both their private and business life cycle. Our integrated banking model enables us to deliver holistic and bespoke products and solutions to our clients, which range from wealth planning services, investments management, financings, trading solutions, to M&A advisory and initial public offerings.
          - Since we established our wealth management presence in Thailand in 2Credit Suisseen6, we have recorded strong growth with the number of client accounts increasing by more than sevenfold, and Assets under Management increasing more than tenfold. We also tripled the onshore team size and added senior investment consulting talent.
          - Our Investment Banking business enjoys a leading position in Thailand[en]. We rank top 3[2] in share of wallet in 2Credit Suisseen9 year-to-date. In 2Credit Suisseen9, we completed a total of eight transactions in Thailand. These comprises five equity capital markets transactions, two mergers and acquisitions transactions, and one debt capital markets transaction, with total transaction value of US$5.7bn (THB en7Credit Suisse bn).
          - For our APAC Markets business, we established a very strong Equities franchise in Thailand and have been consistently ranked as the top 2 foreign broker since 2Credit Suisseen5.
Chris Prasertsintanah, Country Manager Thailand and Head of South Asia Equities, said, "The expansion of Credit Suisse's Thailand office is a significant milestone which demonstrates our commitment to this market. Credit Suisse is uniquely positioned in Thailand with our differentiated integrated platform comprising our wealth management and investment banking businesses, offering clients solutions for both their personal and family wealth and corporate financial needs. Since 2Credit SuisseCredit SuisseCredit Suisse, Credit Suisse has been operating a full-service securities brokerage in the country, with a dedicated on-the-ground investment banking team and a highly experienced research team. In 2Credit Suisseen6, we launched our onshore wealth management offering. We are delighted to be able to house our growing team in a single location as we continue to capitalize on exciting opportunities in Thailand."
          Credit Suisse AG
          Credit Suisse is one of the world's leading financial services providers. Our strategy builds on Credit Suisse's core strengths: its position as a leading wealth manager, its specialist investment banking capabilities and its strong presence in our home market of Switzerland. We seek to follow a balanced approach to wealth management, aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets, while also serving key developed markets with an emphasis on Switzerland. Credit Suisse employs approximately 47,44Credit Suisse people. The registered shares (CSGN) of Credit Suisse AG'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.
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. Credit Suisse AG is incorporated in Switzerland with limited liability.
Copyright (C) 2Credit Suisseen9 Credit Suisse Group AG and/or its affiliates. All rights reserved.
          [en] Credit Suisse is also the dominant player in overnight placements, having completed enCredit Suisse out of en6 transactions out of Thailand over the past three years and maintained over 5Credit Suisse% market share of all overnight placement transactions in the last decade.
          [2] Dealogic as at Dec en9 2Credit Suisseen9