August 19, 2017 5:43 PM ET

Capital Markets

Company Overview of Credit Suisse AG

Company Overview

Credit Suisse AG provides private banking and investment banking services in Switzerland and internationally. It operates through Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, Investment Banking & Capital Markets, and the Strategic Resolution Unit segments. The company offers a range of advice and financial solutions, including structured advisory; wealth management solutions; investment advice and discretionary asset management services; and advisory services related to mergers and acquisitions, divestitures, takeover defense mandates, business restructurings, and spin-offs. It also offers various banking services, such as lending, payment, capital goo...

Paradeplatz 8

Zurich,  8001

Switzerland

Founded in 1856

Phone:

41 44 333 11 11

Fax:

41 44 332 55 55

Key Executives for Credit Suisse AG

Chief Executive Officer and Member of the Executive Board
Age: 55
Chief Financial Officer and Member of The Executive Board
Age: 52
Chief Operating Officer and Member of the Executive Board
Age: 46
Member of the Executive Board, CEO of Swiss Universal Bank and CEO of Credit Suisse (Schweiz) AG
Age: 53
Member of the Executive Board and Chief Executive Officer of Investment Banking & Capital Markets
Age: 58
Compensation as of Fiscal Year 2017.

Credit Suisse AG Key Developments

Credit Suisse Launches X-Links Crude Oil Shares Covered Call ETNs

Credit Suisse announced the launch of its X-Links Crude Oil Shares Covered Call ETNs (the ETNs"), which are listed on the NASDAQ exchange under the ticker symbol USOI" and are eligible to begin trading April 26, 2017. The Index Yield was calculated by the Index Calculation Agent, Nasdaq Inc., and equals the arithmetic average of the seven (7) monthly Coupon Percentages occurring from, and including, October 2016 to, and including, April 2017, multiplied by twelve (12) (to annualize such average), and rounded to two decimal places for ease of analysis. The Coupon Percentage for any Index Distribution Date will be the Distribution for such Index Distribution Date divided by the Closing Level of the Index on the Index Business Day immediately preceding the Index Distribution Date.

Credit Suisse AG Announces Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016

Credit Suisse AG announced consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported interest and dividend income of CHF 3,700 million compared with CHF 4,408 million for the same period a year ago. Net interest income was CHF 1,530 million compared with CHF 2,098 million for the same period a year ago. Net Revenue was CHF 5,093 million compared with CHF 4,113 million for the same period a year ago. Loss before taxes was CHF 1,980 million compared with CHF 6,471 million for the same period a year ago. Loss attributable to shareholders was CHF 2,452 million compared with CHF 5,863 million for the same period a year ago. Loss per diluted share of CHF 1.12 compared with CHF 3.28 for the same period a year ago. Book value per share of CHF 20.18 compared with CHF 22.74 for the same period a year ago. Tangible book value per share of CHF 17.72 compared with CHF 20.18 for the same period a year ago. Negative return on equity attributable to shareholders was 21.3% compared with 51.3% for the same period a year ago. Negative return on tangible equity attributable to shareholders was 24.1% compared with 62.7% for the same period a year ago. On adjusted basis, the company reported net Revenue was CHF 5,105 million compared with CHF 4,801 million for the same period a year ago. Income before tax was CHF 171 million compared with loss of CHF 1,134 million for the same period a year ago. For the full year, the company reported interest and dividend income of CHF 16,925 million compared with CHF 18,857 million for the same period a year ago. Net interest income was CHF 7,188 million compared with CHF 8,867 million for the same period a year ago. Net Revenue was CHF 19,802 million compared with CHF 23,211 million for the same period a year ago. Loss before taxes was CHF 2,468 million compared with CHF 2,938 million for the same period a year ago. Loss attributable to shareholders was CHF 2,847 million compared with CHF 3,370 million for the same period a year ago. Loss per diluted share of CHF 1.19 compared with CHF 1.73 for the same period a year ago. Book value per share of CHF 20.18 compared with CHF 22.74 for the same period a year ago. Tangible book value per share of CHF 17.72 compared with CHF 20.18 for the same period a year ago. Negative return on equity attributable to shareholders was 5.5% compared with 6.8% for the same period a year ago. Negative return on tangible equity attributable to shareholders was 6.2% compared with 8.4% for the same period a year ago. On adjusted basis, the company reported net Revenue was CHF 19,957 million compared with CHF 23,370 million for the same period a year ago. Income before tax was CHF 615 million compared with CHF 2,123 million for the same period a year ago.

Credit Suisse AG Reports Audited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Credit Suisse AG reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported net interest income of CHF 1,837 million against CHF 1,950 million a year ago. Net revenues were CHF 5,380 million against CHF 5,753 million a year ago. Income before taxes was CHF 215 million against CHF 604 million a year ago.  Net income was CHF 12 million against CHF 558 million a year ago. Net income attributable to shareholders was CHF 17 million against CHF 575 million a year ago. Return on equity attributable to shareholders was 0.4% against 7.1% a year ago. Book value per share was CHF 21.20 against CHF 27.40 per share a year ago. Tangible book value per share was CHF 18.85 against CHF 22.05 per share a year ago.   For the nine months, the company reported net interest income of CHF 5,658 million against CHF 6,769 million a year ago. Net revenues were CHF 14,709 million against CHF 19,098 million a year ago. Loss before taxes was CHF 488 million against income before taxes of CHF 3,533 million a year ago.  Net loss was CHF 398 million against net income CHF 2,475 million a year ago. Net loss attributable to shareholders was CHF 395 million against net income attributable to shareholders of CHF 2,493 million a year ago. Negative return on equity attributable to shareholders was 0.3% against return on equity attributable to shareholders 9.0% a year ago.  Book value per share was CHF 21.20 against CHF 27.40 per share a year ago. Tangible book value per share was CHF 18.85 against CHF 22.05 per share a year ago.

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Recent Private Companies Transactions

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