US structurer of the year

Credit Suisse is named US structurer of the year

photo of michael clarke at credit suisse
Michael Clark, Credit Suisse

With $4 billion worth of structured products sold across all retail channels in 2013, Credit Suisse managed to increase its market share as thundering equity markets left most of its competitors flat-footed.

Business into private banks - a traditional strength for Credit Suisse - rose 20% in 2013, despite the reluctance of investors to buy hedged and partially protected structures when simply going long the market seemed to be a winning strategy. With stock indexes taking a breather, 2014 is off

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