Credit Suisse Private Banking USA Convenes Wealth Management Conference in New
NEW YORK, Oct. 24, 2012
NEW YORK, Oct. 24, 2012 /PRNewswire/ -- Credit Suisse Private Banking USA
convened its annual Wealth Management Conference in New York on October 19,
2012 to discuss finding opportunity amidst uncertainty. Speakers and panelists
discussed the challenges facing investors as a result of a convergence of
pivotal political and economic events in the United States, Europe and
emerging markets. Columnist George Will delivered the keynote address about
the upcoming American presidential election and the challenges awaiting the
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More than 300 attendees participated in the conference, including 200 private
investors. In addition to the keynote speech, attendees heard a presentation
about the science of motivation from a bestselling author, and listened to a
conversation with David Rubenstein, co-founder of the Carlyle Group.
Credit Suisse Private Banking Managing Director Matt Gorman, who heads the New
York office, delivered opening remarks. "A great deal has happened since we
met here a year ago," he said. "Our goal here today is to try to find
opportunities amidst all this uncertainty."
In the keynote session, George Will explained that the United States has begun
an important debate about the role of government. "The American people think,
not without reason, that we're approaching a tipping point," Will said.
"Temperatures are high because the stakes are high."
The conference featured interactive polling with wireless keypads, which
allowed participants to respond instantly to questions. According to the
results, a plurality said that of all the challenges over the next 12 months,
America's fiscal cliff worried them the most. Regarding the upcoming elections
in the United States, 51 percent of the audience predicted President Barack
Obama would retain the White House while 49 percent predicted former
Massachusetts Governor Mitt Romney would capture the presidency.
Credit Suisse Private Banking USA will hold its final wealth management
conference of the year in San Francisco later this fall.
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 48,200 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
In Private Banking, Credit Suisse provides comprehensive advice and a broad
range of wealth management solutions, including pension planning, life
insurance products and wealth and inheritance advice, which are tailored to
the needs of high-net-worth and ultra-high-net-worth individuals worldwide. In
Switzerland Credit Suisse supplies banking products and services to individual
clients, corporates and institutions.
SOURCE Credit Suisse AG
Contact: Marcy Frank, Credit Suisse, +1-212-538-7439,
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