LONDON (Standard&Poor's) Feb. 12, 2008--Standard&Poor's Ratings Services said today that its ratings and outlooks on Credit Suisse Group (CSG; A+/Stable/A-1) and related entities Credit Suisse (AA-/Stable/A-1+), Credit Suisse International (AA-/Stable/A-1+), Credit Suisse (USA) Inc. (AA-/Stable/A-1+), and Credit Suisse (International) Holding AG (AA-/Stable/A-1+) were unaffected by CSG's 2007 fourth-quarter earnings statement, which showed that pretax profits were down by 59% year on year to Swiss francs 1.4 billion and full-year pretax profits down by 4%. CSG's fourth-quarter earnings were negatively affected by further write-downs on a range of assets including leveraged loans, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, subprime-related collateralized debt obligations (CDOs), and structured investments previously bought out of its money market funds to protect
