US structurer of the year

With a particular speciality in extending the reach of its distribution to private banks, Credit Suisse has continued to impress in the US and is this year's 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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