PARIS (Standard&Poor's) Oct. 2, 2002--Standard&Poor's Ratings Services said today that it placed its single-'A'-plus long-term counterparty credit rating on Credit Suisse Group (CSG) on CreditWatch with negative implications. The 'A-1' short-term counterparty credit rating on CSG remains unchanged. At the same time, the double-'A'-minus long-term and 'A-1'-plus short-term counterparty credit ratings on the group's primary bank operating entities (including Credit Suisse, Credit Suisse First Boston (CSFB), and Credit Suisse First Boston (USA) Inc.), and the double-'A'-minus insurer financial strength and counterparty credit ratings on Winterthur Swiss Insurance Co., were also placed on CreditWatch with negative implications. The action followed the Switzerland-based financial services group's announcement earlier today that its consolidated third-quarter results will be negatively affected
