Credit Suisse Group AG Overview
Pro stress-test →Credit Suisse no longer exists as an independent operating entity. On June 12, 2023, UBS Group AG completed the acquisition of Credit Suisse Group AG in a historic rescue orchestrated by Swiss authorities. Credit Suisse has been integrated into UBS and is no longer a standalone public company.
Strategic Profile
Pro stress-test →Credit Suisse ceased independent operations following its acquisition by UBS. All business lines, assets, and operations have been consolidated into UBS Group AG. The company ticker (CS) on NYSE and all independent financial reporting have been retired. Current research should focus on UBS Group AG (ticker: UBS), which now owns all Credit Suisse operations.
Competitive Landscape
Pro stress-test →Credit Suisse no longer competes independently. UBS, which acquired Credit Suisse, now competes with other global systemically important banks including Deutsche Bank, JP Morgan, Goldman Sachs, and other universal banks. The combined entity positions itself as a leading wealth manager with investment banking capabilities.
Key facts
Headquarters: Zurich, Switzerland (historical)