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.
Credit Suisse Securities (Europe) Limited Frankfurt Branch is part of the global Credit Suisse group. Credit Suisse is a global investment banking operation which requires us solely for the purposes of rendering our services to store and share client's employees and agents data (personal data) both within the Credit Suisse group and its trusted third party service providers, who are legally bound accordingly, in order to provide the best possible services to our customers. Credit Suisse remains responsible for the security and confidentiality of the data it receives whether it is processed within the Credit Suisse group or our third party service providers and this notice is not intended to change or vary the nature or extent of the obligations that Credit Suisse owes to you with respect to any information that you may provide to us that we may share with affiliates and third parties for the very limited purposes set out in this notice.
