Credit Suisse
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Founders
Alfred Escher · Founded 1856 · Paradeplatz, Zurich, Switzerland
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Credit Suis was founded by Alfred Escher in 1856 in Paradeplatz, Zurich, Switzerland. The company is currently led by Alfred Escher.
Credit Suisse was a historic Swiss multinational investment bank and wealth manager founded in 1856 by Alfred Escher to finance Switzerland's national rail system. Renowned for over 160 years as a pillar of Swiss private banking, Credit Suisse managed over $1.3 trillion in assets before being acquired by rival UBS in an emergency government-brokered rescue in March 2023.
Ulrich Körner
Chief Executive Officer (2022–2024)
Steered the bank through its final tumultuous months and successfully executed the operational integration of Credit Suisse AG into UBS AG before the legal entity's dissolution in May 2024.
Tidjane Thiam
Chief Executive Officer (2015–2020)
Restored Credit Suisse to sustained profitability (generating CHF 4.7B in pre-tax income in 2019) and reduced risk-weighted assets, though internal boardroom conflicts and spying scandals damaged corporate reputation.
Alfred Escher
Founder & President of Schweizerische Kreditanstalt (1819–1882)
Transformed Switzerland from an impoverished agrarian confederation into a global industrial and banking powerhouse, establishing Paradeplatz in Zurich as the beating heart of Swiss private finance.
Credit Suisse was founded in 1856 by Alfred Escher in Paradeplatz, Zurich, Switzerland.
The founders established Credit Suisse with the objective of solving core inefficiencies in Financial Services, laying the foundation for its current global scale.
Even as Credit Suisse scales to billions in revenue, the organization maintains the founders' commitment to innovation and customer-centric execution.