Search results
Credit Suisse Group AG has been acquired by UBS Group AG and continues to serve clients in Canada. Learn about its sustainable finance, impact investing, awards, and global brand ambassador Roger Federer.
- Career Opportunities
Credit Suisse is now part of UBS Group, the world's largest...
- Quarterly Results
On August 31, 2023, Credit Suisse AG, a UBS Group company,...
- Escalation Process
Credit Suisse encourages all of its personnel (i.e....
- Cookie Policy
Credit Suisse may also disclose your information to...
- Global Patriot Act
To comply with Regulation GG, and as required by 12 CFR...
- Awards
We are delighted to have been honored with a number of...
- Events
View our calendar for important events. Or access...
- Contacts & Services
For inquiries regarding accounts, cards or online &...
- Career Opportunities
Credit Suisse Group AG (French pronunciation: [kʁe.di sɥis], lit. ' Swiss Credit ') was a global investment bank and financial services firm founded and based in Switzerland.
Nov 30, 2022 · Credit Suisse is a leading wealth manager with strong global investment banking and asset management capabilities. Learn more about its purpose, values, management, events, reports, and sustainability initiatives.
Credit Suisse Direct / CSX. Login. Forgotten your User-ID or Password? Add a new SecureSign device. New to Credit Suisse Direct? System requirements for online banking.
- About Credit Suisse
- What Caused The Collapse of Credit Suisse?
- Timeline of The Collapse
- Impact of The Collapse
- Acquisition of Credit Suisse by UBS
- The Bottom Line
- GeneratedCaptionsTabForHeroSec
As of the end of 2021, Credit Suisse had assets under management (AUM)of 1.6 trillion CHF (about $1.75 trillion), making it the second-largest bank in Switzerland after UBS. At that time, Credit Suisse employed more than 50,000 people. Note that as of year-end 2022, Credit Suisse’s AUM had dropped to about 1.3 trillion CHF (about $1.4 trillion). Be...
Despite its long history, Credit Suisse was plagued by a series of scandals, management shifts, and significant losses in recent years. In February 2020, Credit Suisse’s then-CEO, Tidjane Thiam, resigned after a 2019 spying scandal. Credit Suisse’s wealth management boss, Iqbal Khan, left for UBS and was subsequently surveilled by private contracto...
In summary, the key events leading up to the collapse of Credit Suisse include: 1. 2019 and early 2020: Credit Suisse faces a spying scandal regarding an outgoing wealth management executive; then-CEO Tidjane Thiam resigns. 2. 2021: Archegos Capital and Greensill Capital collapse, leading to $1 billion in losses for Credit Suisse and another manage...
The impact of UBS’ takeover of Credit Suisse is wide-ranging. For the bank’s offices around the world and its 50,000 employees, the future remains uncertain, as UBS could absorb some or all of them and shutter or lay off others. UBS is expected to have roughly $5 trillion in AUM following the deal. The global financial system responded with measure...
UBS’ purchase of Credit Suisse was orchestrated and approved by regulators. The price tag of more than $3 billion for the deal is modest compared with the size of the bank and its assets. UBS officials also said immediately following news of the purchase that they planned to reduce the size of Credit Suisse in the coming years, potentially by selli...
Following several years of scandals, Switzerland’s Credit Suisse bank collapsed in March 2023. It was purchased by Swiss rival UBS for about $3.3 billion in a deal approved by Swiss regulators without shareholder approval. UBS plans to sell off and downsize parts of Credit Suisse in the process. Following the completion of the merger, Switzerland w...
Credit Suisse, a leading Swiss bank, was bought by rival UBS in March 2023 after facing numerous scandals, losses, and a run on deposits. Learn about the events that led to the collapse, the impact on the global financial system, and the future of the bank's employees and clients.
Credit Suisse is a leading global financial institution that serves successful entrepreneurs and clients worldwide. Learn about its history, purpose, sustainability, diversity and integration with UBS.
Jun 12, 2023 · Credit Suisse AG is a financial services provider with global operations and a history of over 160 years. Learn about its structure, strategy, governance, values, corporate responsibility, and sponsorships.
People also ask
How many divisions does Credit Suisse have?
Who is Credit Suisse?
What happened to Credit Suisse?
What is Swiss Credit?