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According to Credit Suisse, only about 37% of residents own their own homes, one of the lowest rates of home ownership in Europe. Housing and food price levels were 171% and 145% of the EU-25 index in 2007, compared to 113% and 104% in Germany. [152] Switzerland is home to several large multinational corporations.
Countries by mean wealth per adult.From 2021 publication of Credit Suisse. Countries by median wealth per adult.From 2021 publication of Credit Suisse. This is a list of countries of the world by wealth per adult or household, from sources such as UBS's annual Global Wealth Databook [1] and the OECD's Better Life Index. [2]
Tidjane Thiam (French: [tidʒan tiam]; [1] [2] born 29 July 1962) is an Ivorian and French businessman, and the executive chairman of Freedom Acquisition Corp. [3] He was the chief executive officer (CEO) of Swiss bank Credit Suisse from March 2015 to February 2020.
In June 2010, the European Commission ruled that European manufacturers of sanitary fittings had operated a cartel between 1992 and 2002, and imposed a collective fine of €622m, of which Grohe's share was €54.8m. [11]
Brady William Dougan (born August 30, 1959) is an American banker and CEO of Exos. From 2007 to 2015, he was the chief executive officer of Credit Suisse.Before this, Dougan was CEO of Investment Banking and acting CEO of Credit Suisse Americas. [1]
Donaldson, Lufkin & Jenrette (DLJ) was a U.S. investment bank founded by William H. Donaldson, Richard Jenrette, and Dan Lufkin in 1959.Its businesses included securities underwriting; sales and trading; investment and merchant banking; financial advisory services; investment research; venture capital; correspondent brokerage services; online, interactive brokerage services; and asset management.
Kareem Serageldin (/ ˈ s ɛr ə ɡ ɛ l d ɪ n /) (born in 1973) is a former executive at Credit Suisse. He is notable for being the only banker in the United States to be sentenced to jail time as a result of the financial crisis of 2007–2008, a conviction resulting from mismarking bond prices to hide losses. [1] [2]
Credit default swaps in their current form have existed since the early 1990s and increased in use in the early 2000s. By the end of 2007, the outstanding CDS amount was $62.2 trillion, [3] falling to $26.3 trillion by mid-year 2010 [4] and reportedly $25.5 [5] trillion in early 2012.
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