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?As of the opening of trading on June 12, 2023, the Credit Suisse ADSs currently listed on the NYSE are expected to be suspended from trading on the NYSE, will be delisted from the NYSE on the same day and will thereafter be deregistered under the U.S. Exchange Act.
The Americas region comprises Credit Suisse's operations in the US, Canada, the Caribbean and Latin America. Our three divisions are strongly represented across the region. With offices in 44 cities spanning 14 countries, we offer our clients local access to our global resources in their home markets.
Credit Suisse is fully integrated into UBS. However, the ?Credit Suisse? brand or name will remain for the moment and perhaps in the future.
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.
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.
Credit Suisse Group AG (French pronunciation: [k?e. di s?is], lit. 'Swiss Credit') is a global investment bank and financial services firm founded and based in Switzerland.
Credit Suisse and UBS: a common future On 31 August 2023, we announced the future direction for Credit Suisse's Swiss business and that we will integrate it into UBS. We believe it is important to present our thoughts on the matter.