Colm Kelleher, Chairman of the Board of Directors of UBS Group AG

Sergio P. Ermotti, CEO UBS Group AG

Creating sustainable value

Credit Suisse Group AG has now been acquired by UBS Group AG, creating a new consolidated banking group. This marks a historic moment for UBS, Credit Suisse and the entire banking industry, and the beginning of a promising future together.

 

Both banks have always placed clients at the center of everything they do. We believe our clients will benefit by being served by a strong, secure bank that is well-capitalized, relies on a robust risk and governance framework and remains anchored in stability and high-touch service. Bringing together our businesses means our clients will benefit over time from an enhanced global offering, broader geographic reach, and access to greater expertise.

 

What does it mean for you today? Credit Suisse AG – like UBS AG – will continue to operate as a “bank within a bank”, with the full integration of the two businesses to be carried out over time in a thoughtful, phased approach. In the meantime, we want to reassure our clients that our focus remains exactly where it should be – on you, the safety and security of your assets, and on helping you achieve your personal financial goals. Your Relationship Manager and all services you require are available to you as usual. There is no need for you to do anything.

 

Please contact your Relationship Manager if you have any questions during this time. We have also compiled answers to the most frequently asked questions for you as a client and as an investor on this website. 

 

Thank you for your continued trust and the privilege of serving you as we embark on this new joint future together.

The acquisition