Following completion of the merger of UBS AG and Credit Suisse AG, Credit Suisse AG’s business was transferred to UBS AG, and Credit Suisse AG ceased to exist. At this time however, the two entities did not operationally merge and, as a result, we continue to have two sets of operational infrastructure and processes during this transitionary period.
Consequently UBS AG is now the sole parent entity and all direct subsidiaries of Credit Suisse AG have become direct subsidiaries of UBS AG, and all branches of Credit Suisse AG have been absorbed into existing or established as new branches of UBS AG (as the case may be). As such, Credit Suisse AG’s branches have been renamed as UBS Branches, with the exceptions of Credit Suisse AG, Taipei Securities Branch and Credit Suisse AG Shanghai Branch.
Click hereAll about the Parent Bank Merger for the latest updates on how we continue to serve clients.
As a client of Credit Suisse Securities (USA) LLC ("CSSU"), you understand and acknowledge that Credit Suisse Securities (Canada), Inc. ("CSSC") may provide execution services to CSSU for certain trades that you place with CSSU. In connection with such execution services and the related trades, you may have conversations with a CSSC trader (by telephone, e-mail, chat room or other means) in relation to the execution details of such trades. You understand and acknowledge that any such CSSC trader is not a representative of CSSU and cannot make commitments or accept orders on behalf of CSSU. Further, you understand and acknowledge that any such conversation does not create a customer relationship with CSSC and that no investment advice is being provided to you in connection with or as a result of any such conversation. All orders must be placed through CSSU and are not binding until accepted by CSSU.
