Credit Suisse Group AG (ADR) (CS), McDonald’s Corporation (MCD): The Birth of Two Legendary Banks

Page 2 of 2

Credit Suisse began to expand aggressively during the 1990s with moves including the acquisition of New York investment bank First Boston. Credit Suisse is now one of the world’s largest banks, with more than $1 trillion in total assets.

Ronald gets a promotion

McDonald’s Corporation (NYSE:MCD) joined the NYSE Euronext (NYSE:NYX) on July 5, 1966. The burger chain was a recent entrant to public markets, as its IPO had taken place only 14 months earlier. In that short time, the company’s hot stock had already doubled and been split once as a result. By the end of the decade, shareholders would enjoy two more splits and a special stock-issue dividend. By the time McDonald’s Corporation (NYSE:MCD) joined the Dow Jones Industrial Average 2 Minute (INDEX: ^DJI) 19 years after graduating to the Big Board, a single share worth $32.25 in 1966 had grown into 27 shares worth $1,800.

The article The Birth of Two Legendary Banks originally appeared on Fool.com is written by Alex Planes.

Fool contributor Alex Planes holds no financial position in any company mentioned here. Add him on Google+ or follow him on Twitter @TMFBiggles for more insight into markets, history, and technology.The Motley Fool recommends McDonald’s and NYSE Euronext. The Motley Fool owns shares of McDonald’s.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Page 2 of 2