Credit Suisse (Schweiz) AG

Credit Suisse (Schweiz) AG is the Swiss domestic banking entity of the former Credit Suisse group, headquartered in Zurich and focused on retail, SME, corporate, and wealth management clients in Switzerland. It operates as a universal bank with current and savings accounts, payments, cards (often issued via Swisscard AECS AG, a joint venture with American Express), mortgages and Lombard lending, SME financing and trade services, investment and pension products (including pillar 3a accounts), and custody and brokerage. Access is provided through a nationwide branch and advisory network and digital channels such as e-banking and mobile apps (including the CSX offering), with service available in German, French, Italian, and English. The bank is licensed and supervised by FINMA and participates in the Swiss deposit protection scheme (esisuisse), under which eligible deposits are protected up to CHF 100,000 per client per bank; custody assets are held off balance sheet and are segregated. Following UBS Group’s acquisition of Credit Suisse in 2023, Credit Suisse (Schweiz) AG remains part of the UBS-controlled group, with integration and potential legal mergers into UBS’s Swiss operations subject to implementation steps and regulatory approvals. Pricing follows a package-based model common to Swiss banks, with account and card fees, foreign-exchange spreads, and mortgage pricing typically linked to SARON or fixed-rate terms. Public reporting follows Swiss and international regulatory requirements, including capital, liquidity, and risk disclosures at the entity and group level, and external credit ratings and outlooks reflect the ongoing integration into UBS.