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DEUTSCHE BANK APPOINTED AS SUCCESSOR DEPOSITARY BANK FOR CREDIT SUISSE GROUP'S AMERICAN DEPOSITARY RECEIPTS

  • Monday, July 30, 2001 6:02PM IST (12:32PM GMT)
 
New Delhi, Delhi, India:  Deutsche Bank today announced its appointment as successor depositary bank for the Level 1 American Depositary Receipt (ADR) program of Credit Suisse Group, effective July 16, 2001. Credit Suisse Group is one of the world's leading global banking and insurance companies. In the areas of private banking and financial services, it offers financial advisory services, including insurance and pension solutions, for private individuals and companies. In the area of investment banking, the Group serves global corporate, institutional and government clients in its role as a financial intermediary. It also provides asset management for institutional investors. Credit Suisse Group is headquartered in Zurich and dates back to 1856. Its registered shares (CSGN) are listed on the SWX Swiss Exchange/Virt-x, in Frankfurt and Tokyo. They are also traded in New York as an American Depositary Receipt (ADR), and in Paris. The Group employs around 80,000 staff worldwide and reported assets under management of CHF 1,365.7 billion as of 31 March 2001.
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