What is Credit Suisse?
[[Image:Credit Suisse Zürich.jpg|thumb|250px|Credit Suisse headquarters at [[Paradeplatz]] in [[Zürich]]]] [[Image:Credit Suisse Logo 2022.svg|thumb|250px|The logo of Credit Suisse]] '''Credit Suisse Group''' is a [[Switzerland|Swiss]] [[bank]]. It is headquartered in [[Zurich]]. The company was founded in 1856 as Schweizerische Kreditanstalt (SKA, {{lang-en|Swiss Credit Institution}}) jointly by [[Alfred Escher]] and the German bank [[:de:Allgemeine Deutsche Credit-Anstalt|Allgemeine Deutsche Credit-Anstalt]] which held 50% of the equity. After the bank had financial problems because the customers lost confidence, it was decided to integrate Credit Suisse into [[UBS]].<ref>{{Cite web|title=Safeguarding financial market stability: Federal Council welcomes and supports UBS takeover of Credit Suisse|url=https://www.admin.ch/gov/en/start/documentation/media-releases.msg-id-93793.html|access-date=2023-03-19|website=www.admin.ch}}</ref> This decision was communicated on March 19, 2023. == References == {{Reflist}} [[Category:Financial institutions of Switzerland]] [[Category:1856 establishments in Europe]] {{Switzerland-stub}} {{authority control}}