Credit Suisse Group AG
BRIEF: For the nine months ended 30 September 2013, Credit Suisse Group AG interest income increased from SF4.92B to SF15.49B. Net interest income after loan loss provision increased from SF1.67B to SF6.26B. Net income applicable to common stockholders excluding extraordinary items increased from SF250M to SF2.52B. Net interest income after loan loss provision reflects increase in interest earning assets and decrease in interest bearing liabilities.
07/2007, Capital repayment of CHF 0.46 and nominal value changed from CHF 0.50. 05/08, Company name changed from Credit Suisse Group. 4/2013, Scrip Issue, 1 new share for every 41 shares held (Factor: 1.02439).
Credit Suisse Group AG (Credit Suisse) is a global financial services company. The Company operates in three segments: Private Banking, Investment Banking and Asset Management. In Private Banking, it offers advice and a range of financial solutions to private, corporate and institutional clients. Investment Banking provides a range of financial products and services, with a focus on businesses that are client-driven, flow-based and capital-efficient. Asset Management offers products across a range of asset classes, including alternative investments such as hedge funds, private equity, real estate and credit, and multi-asset class solutions, which includes equities and fixed income products. On April 30, 2011, Credit Suisse completed the acquisition of ABN AMRO Bank’s (formerly Fortis Bank Nederland) hedge fund administration business. In February 2012, the Company sold an interest in Aberdeen. On March 24, 2011, Credit Suisse Group AG owned 100% interest in Neue Aargauer Bank AG.