A well diversified business and geographic orientation, which provides for the maintenance of a strong global franchise; Leading positions in domestic retail and corporate banking and particularly in international private banking, which contribute to an improved, higher quality, and more recurrent earnings profile; and Sound asset quality and strong liquidity. Underperformance of investment banking activities, which is expected to remain a drag on group consolidated profit growth in the shorter term; and The relative lack of full exploitation of underlying strengths generally associated with a globally integrated group. The recently announced new strategic direction is expected to reverse this weakness, however. The ratings on Credit Suisse Group (CSG) reflect the group's global market positioning that is supported by a well
