For the third year in a row, Credit Suisse has been named as the most outstanding institution for its Ultra High Net Worth (UHNW) service offering ($30 million plus) at the Australian Private Banking and Wealth Awards.

The Australian Private Banking and Wealth Awards are organized by global business intelligence provider, RFi and decided by a combination of more than 1,000 banking clients and an expert judging panel.

Edward Jewell-Tait, Head of Credit Suisse Private Banking, Australia, said: “For the third year in a row, Credit Suisse is being recognized for outstanding services to our clients. This award reflects our efforts to provide an uncompromised, advice-focused service, while utilising our global Private and Investment banking capabilities in order to meet our clients’ needs.”

Shane Galligan, Managing Director (Ultra High Net Worth clients), Australia, noted: “This award follows recognition from numerous financial publications and institutions since we established onshore in Australia in 2007, which all ultimately recognise our relentless efforts to support our clients irrespective of market conditions.”

Over the last 12 months, Credit Suisse has increased the number of relationship managers dedicated to the UHNW segment by 75 per cent, in line with a significant increase in assets under management from the sector.

“The UHNW segment, which is key to Credit Suisse, is continuing to grow rapidly as the passive and active wealth of Australia expands, and the market continues to mature,” Mr. Galligan added.

Credit Suisse has received numerous other country and global awards including:
• Euromoney Magazine’s Best Private Bank in Australia (2011 and 2012) and Best Private Bank globally (2011 and 2012)
• Asian Private Banker’s Award for Distinction for Best Private Bank in Australia (2012).



For more information on the award and RFi click here or visit at www.rfintelligence.com. 


Enquiries
Elizabeth Rudall, Tel. +61 3 9280 1742, elizabeth.rudall@credit-suisse.com


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 is able to offer clients its expertise in the areas of private banking, investment banking and asset management from a single source. Credit Suisse provides specialist advisory services, comprehensive solutions and innovative products to companies, institutional clients and high net worth private clients worldwide, and also to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 46,900 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.


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.