Credit Suisse

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/credit-suisse

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the year of establishment?1856
2. What is the global financial status?Designated a Global Systemically Important Bank (G-SIB)
3. What did Credit Suisse start out doing in 1856?It was created to give money for building Switzerland’s railway network and to help power cities with electricity.
4. How did Credit Suisse help build Switzerland?By financing big projects like trains and electricity, it helped connect towns and make everyday life easier.

Systemically Important Bank: A bank whose failure could trigger a widespread financial crisis due to its size and interconnectedness.
Banking Secrecy: Strict laws in Switzerland that protect the privacy of bank account holders.
Primary Dealer: A bank authorized by a central bank to trade government securities directly.