Credit Suisse Private Banking USA Convenes Wealth Management Conference in San
NEW YORK, Nov. 21, 2012
NEW YORK, Nov. 21, 2012 /PRNewswire/ -- In the wake of the United States
presidential election, Credit Suisse Private Banking USA convened its annual
Wealth Management Conference in San Francisco on November 16, 2012. Focused on
the theme of 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 both developed and developing
markets. Former British Prime Minister Sir John Major delivered the keynote
(Logo: http://photos.prnewswire.com/prnh/20091204/CSLOGO )
More than 200 investors participated in the conference. In addition to the
keynote speech, Daniel Pink, bestselling author of several books about the
changing world of work, spoke to attendees about the science of
motivation.Credit Suisse experts also gave presentations about the investment
landscape based on current data and historical perspectives.
Credit Suisse Managing Directors Peter Skoglund, Head of Private Banking USA,
and Mike Nies, who heads the bank's San Francisco office, delivered opening
remarks. They discussed how the conference supported Credit Suisse's
commitment to helping clients navigate global economic uncertainty.
In the keynote session, Sir John Major discussed the twin crises of Europe and
the Middle East. "We meet at a very interesting time in terms of what is
happening around the world. I can scarcely imagine a time when quite so much
was happening, in quite so many different places, and in quite such a
remarkable fashion," said Sir John, who cautioned investors not to write off
opportunities in Europe. "The Euro will survive – and will thrive – after a
bumpy period," he said.
The conference featured interactive polling with wireless keypads, which
allowed participants to respond instantly to questions. Sixty percent of
attendees said they believe the United States economy will grow one to two
percent in 2013. Meanwhile, a plurality said that of all the challenges over
the next 12 months, America's fiscal cliff worries them the most.
The Wealth Management Conference in San Francisco was the fourth of the year
for Credit Suisse Private Banking USA. The three prior conferences took place
in New York, Chicago and Miami.
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 48,400 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: Perrin Wheeler, Corporate Communications, +1-212-325-8978,
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