The sorry Credit Suisse story

Credit Suisse was a global financial services company based in Switzerland. The company offered a wide range of financial services, including investment banking, private banking, wealth management, asset management, and retail banking.

Credit Suisse was founded in 1856 and grew to become one of the largest financial institutions in the world. The company had a strong presence in Europe, the Americas, and Asia, and serves clients in more than 50 countries.

Credit Suisse was founded by Alfred Escher, a Swiss politician and businessman, in collaboration with a group of other Swiss businessmen and politicians. Escher played a key role in the founding of the Swiss Federal Institute of Technology and the Swiss Federal Railways, and was a strong proponent of modernizing Switzerland’s economy and infrastructure.

The initial capital for Credit Suisse was provided by a group of investors, including the Swiss Canton of Zurich and the city of Zurich, as well as several private individuals. The bank began operations in 1856 as the Schweizerische Kreditanstalt (Swiss Credit Institution), and quickly established itself as a leading provider of banking services in Switzerland and beyond.

The Swiss Federal Railways (SBB) are highly important to Switzerland’s economy and transportation infrastructure. The SBB operate a dense network of rail lines that connect all major Swiss cities and towns, as well as providing international connections to neighboring countries.

The SBB carry millions of passengers and tons of freight each year, making them a critical component of Switzerland’s transportation system. Switzerland is a landlocked country, and the SBB provide an important link to ports in neighboring countries, allowing Swiss businesses to import and export goods more efficiently.

Davos is one of the largest Swiss cities at the highest elevation. It is located in the canton of Graubünden in eastern Switzerland and has an elevation of around 1,560 meters (5,118 feet) above sea level. Davos is a popular tourist destination, known for its skiing, winter sports, and for hosting the annual World Economic Forum. The town is also home to several research institutions and medical centers, including the Davos Congress Centre and the Swiss Institute for Experimental Cancer Research.

One cannot give an exact number of airplanes that land at Davos Klosters Airfield during the World Economic Forum (WEF) meeting, as it can vary from year to year and depend on several factors, such as the number of attendees and their travel arrangements.

Davos does not have its own international airport. The nearest airport to Davos is the Zurich Airport, which is located approximately 150 kilometers (93 miles) away.

Davos does have a small airport for private and charter planes, called the Davos Klosters Airfield. However, it is primarily used for private and executive travel, and is not serviced by commercial airlines.

The Davos Klosters Airfield has a relatively small runway and is primarily designed for private and executive travel, with limited capacity for larger aircraft. As such, it is likely that only a small number of planes would be able to land at the airfield during the WEF meeting.

Many attendees of the WEF meeting typically arrive at the nearby airports in Zurich, Basel, or Geneva and then travel to Davos by train, car, or helicopter. These modes of transportation can provide greater flexibility and capacity compared to the small Davos Klosters Airfield.

Qatar Investment Authority, with a 5.22% stake in the company as of December 31, 2021. Other significant shareholders include Harris Associates L.P., Dodge & Cox, and BlackRock, Inc.

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