UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


Form 6-K


REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

August 28, 2008

 

Commission File Number 001-15244

CREDIT SUISSE GROUP AG

(Translation of registrant’s name into English)

Paradeplatz 8, P.O. Box 1, CH-8070 Zurich, Switzerland

(Address of principal executive office)


Commission File Number 001-33434

CREDIT SUISSE

(Translation of registrant’s name into English)

Paradeplatz 8, P.O. Box 1, CH-8070 Zurich, Switzerland

(Address of principal executive office)


 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.           

Form 20-F

Form 40-F

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes

No

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-.

 


This report is being filed by Credit Suisse Group AG and Credit Suisse to be incorporated by reference in Post-Effective Amendment No. 1 to their Registration Statement on Form F-3 (file no. 333-132936).

 

 


CREDIT SUISSE GROUP AG

Paradeplatz 8

P.O. Box

CH-8070 Zurich

Switzerland

Telephone +41 844 33 88 44

Fax           +41 44 333 88 77

media.relations@credit-suisse.com

 

 

 

 

 

Media Release

Appointment of Hans-Ulrich Meister as CEO Switzerland and member of the Executive Board

Zurich, August 22, 2008 Credit Suisse Group announced today that Hans-Ulrich Meister will be appointed CEO Switzerland and a member of the Executive Board.

 

Brady W. Dougan, CEO Credit Suisse, said: “I am very pleased that Hans-Ulrich Meister will be joining Credit Suisse as CEO Switzerland to lead the next phase in developing the strong position we have built in this market, which is made uniquely powerful by our integrated banking model. Our Swiss franchise is also a consistent and strong contributor to our earnings and growth. Hans-Ulrich Meister is an experienced banker with an excellent track record who will be capable of further building this important business. We are happy to welcome him as a valuable member of our management team.”

 

Hans-Ulrich Meister will join Credit Suisse Group on September 1, 2008. He will be a member of the Executive Board and, as CEO Switzerland, he will report to Brady W. Dougan. He will also report to Walter Berchtold, CEO of Private Banking, and will be a member of the Private Banking Management Committee in respect of his responsibilities for Corporate & Retail Banking and Private Banking in Switzerland.

 

Until last year, Hans-Ulrich Meister was Head of Business Banking for UBS. His responsibilities included retail and corporate banking as well as coverage of multinational companies and institutional clients in Switzerland, and he was a member of the Group Managing Board of UBS. He joined UBS in 1983. He holds a degree in Economics and Business Administration from the University of Applied Sciences, Zurich. In addition, he has successfully completed the Advanced Management Programs of the Wharton School and the Harvard Business School in the US.

 

Ulrich Körner, the current CEO Switzerland, is leaving Credit Suisse to pursue other opportunities. Ulrich Körner joined Credit Suisse in 1998 and has been a member of the Executive Board of Credit Suisse since 2003 and CEO Switzerland since 2006.

 

Brady W. Dougan said: “During his ten years with Credit Suisse, Ulrich Körner has made a very significant contribution to the success of our bank. I very much regret his decision to leave and wish him well for the future.”

 

Information

Media Relations Credit Suisse, telephone +41 844 33 88 44, media.relations@credit-suisse.com

Investor Relations Credit Suisse, telephone +41 44 333 71 49, investor.relations@credit-suisse.com

 

Credit Suisse

As one of the world’s leading banks, Credit Suisse provides its clients with private banking, investment banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 49,000 people. Credit Suisse is comprised of a number of legal entities around the world and is headquartered in Zurich. The registered shares


Media Release

August 22, 2008

Page 2/2

 

 

(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.

Cautionary statement regarding forward-looking information

This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act. In addition, in the future we, and others on our behalf, may make statements that constitute forward-looking statements. Such forward-looking statements may include, without limitation, statements relating to the following:

 

our plans, objectives or goals;

 

our future economic performance or prospects;

 

the potential effect on our future performance of certain contingencies; and

 

assumptions underlying any such statements.

Words such as “believes,” “anticipates,” “expects,” “intends” and “plans” and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. We do not intend to update these forward-looking statements except as may be required by applicable securities laws. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that predictions, forecasts, projections and other outcomes described or implied in forward-looking statements will not be achieved. We caution you that a number of important factors could cause results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include:

 

the ability to maintain sufficient liquidity and access capital markets;

 

market and interest rate fluctuations;

 

the strength of the global economy in general and the strength of the economies of the countries in which we conduct our operations, in particular the risk of a continued US or global economic downturn in 2008 and beyond;

 

the direct and indirect impacts of continuing deterioration of subprime and other real estate markets;

 

further adverse rating actions by credit rating agencies in respect of structured credit products or other credit-related exposures or of monoline insurers;

 

the ability of counterparties to meet their obligations to us;

 

the effects of, and changes in, fiscal, monetary, trade and tax policies, and currency fluctuations;

 

political and social developments, including war, civil unrest or terrorist activity;

 

the possibility of foreign exchange controls, expropriation, nationalization or confiscation of assets in countries in which we conduct our operations;

 

operational factors such as systems failure, human error, or the failure to implement procedures properly;

 

actions taken by regulators with respect to our business and practices in one or more of the countries in which we conduct our operations;

 

the effects of changes in laws, regulations or accounting policies or practices;

 

competition in geographic and business areas in which we conduct our operations;

 

the ability to retain and recruit qualified personnel;

 

the ability to maintain our reputation and promote our brand;

 

the ability to increase market share and control expenses;

 

technological changes;

 

the timely development and acceptance of our new products and services and the perceived overall value of these products and services by users;

 

acquisitions, including the ability to integrate acquired businesses successfully, and divestitures, including the ability to sell non-core assets;

 

the adverse resolution of litigation and other contingencies; and

 

our success at managing the risks involved in the foregoing.

We caution you that the foregoing list of important factors is not exclusive. When evaluating forward-looking statements, you should carefully consider the foregoing factors and other uncertainties and events, as well as the information set forth in our Form 20-F Item 3 – Key Information – Risk Factors.

 

 

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

CREDIT SUISSE GROUP AG and CREDIT SUISSE

 

 

(Registrant)

 

 

 

 

By:

/s/ Urs Rohner

 

 

(Signature)*

 

 

General Counsel

 

 

Credit Suisse Group AG and Credit Suisse

Date: August 28, 2008

 

 

 

 

/s/ Charles Naylor

 

 

Head of Corporate Communications

*Print the name and title under the signature of the signing officer.

 

Credit Suisse Group AG and Credit Suisse