Category Archives: Credit-Suisse

The history of Credit-Suisse

Credit Suisse was started in 1856 by Alfred Escher. He created the company to create and fund a private railroad system for Switzerland. He only wanted to sell 3 million shares to get the company started…but he received 218 million shares in 3 days. The company focused mostly on mid-term and short-term loans when it began. Credit-Suisse also helped with the financing and development of other railroad systems, electrical-grids, currency, and helped fund entrepreneurs. During the financial crisis of the housing subprime market Credit Suisse was the least affected bank. Read more about the history of Credit-Suisse…..Click the link.