Credit Suisse Group is one of the world-leading financial services companies. The group is established as a result of a merger of Credit Suisse and Credit Suisse First Boston in 2005. After the merger, there are only two big banks left - UBS AG and the Credit Suisse Group, taking together over 50% of the balance sheet total of all banks in Switzerland. Credit Suisse is domiciled in Zürich and has branches in Cayman, Dubai, Guernsey, Hong Kong, Labuan, London, Luxemburg, Madrid, Milano, Nassau, New York, Paris, Seoul, Shanghai, Singapore, Sydney, Taipei, Tokyo, Toronto.
Banque Morval – a Swiss Private Bank, based in Geneva and owned by Morval Vonwiller Holding S.A. Morval started its operations in 1974 as a Swiss fund management company. It received the status of a private bank during the 1980s. Banque Morval is in the centre of a privately owned group with strong Swiss roots, dedicated to private banking and fund management. Bank's activities are regulated by the Swiss Federal Banking Commission.
| Year | Equity | Capital | Reserves | Balance |
|---|---|---|---|---|
| 2002 | 17,946,199 58,500 | 4,399,665 20,000 | 13,546,534 38,500 | 222,389,307 139,238 |
| 2003 | 17,946,199 60,000 | 4,399,665 20,000 | 13,546,534 40,000 | 217,425,040 189,709 |
| 2004 | 17,957,688 61,700 | 4,399,665 20,000 | 13,558,023 41,700 | 288,052,537 169,830 |
| 2005 | 23,734,561 63,900 | 4,399,665 20,000 | 19,334,896 43,900 | 550,903,039 160,520 |
| 2006 | 23,700,092 66,700 | 4,399,665 20,000 | 19,300,427 46,700 | 612,631,299 184,473 |