Looking At Robert Jain Credit Suisse in Retrospect

By Rob Sutter


When you have a company that goes as far as back as 1856, you better make sure that there's a history to be told. Fortunately for Robert Jain Credit Suisse, the history seen is one that I don't think can be argued. For over 150 years, the bank has been in service, stretching from a small area in Switzerland before expanding on an international basis. If one wants to learn more about the bank in general, there is most certainly a story worth telling.

The bank that was founded back in July 5, 1856 was headed by Alfred Escher. This man was not only a good politician but a pioneer to be certain. Originally, this was supposed to be nothing more than a means of finance for a new railroad that was to be constructed. Little did anyone, perhaps even Escher, know, the bank became a huge success. When the initial stock was given three million francs to begin, it soon grew to as great as 218 million francs.

During the 150 years plus of Robert Jain Credit Suisse, the bank has seen much in the way of innovation. There have been changes made constantly and it was up to the company to accommodate to them and even make strides of their own. Did you know that this was the first Swiss bank to utilize telex connection to New York in 1951? It's one example of innovation that allowed other reputable workers like Robert Jain to come on and be integral in the company's success today.

However, a bank cannot judge its success based on the many technological and systematic advances alone. On the contrary, it had to be able to advance itself further, making strides in training, market, amongst other facets. It appears as though Credit Suisse has become a trendsetter over the course of several years, with others appearing to follow in the footsteps. Considering how many years the company has gone strong and the amount of strides made in the industry, I do not see such a matter changing anytime soon.

It goes without saying that Credit Suisse has a good history behind it and it shows just how far the bank has come. It can go much further, though, considering how well it's been able to sustain itself. What once began as a small organization in Switzerland soon became an international conglomerate that has been able to help people on a worldwide basis. There were advances over the years and I can see that there will be many more to come; it's just a matter of time.




About the Author:



No comments:

Post a Comment