the company restructured itself in 2002, 2004 and 2006. it was one of the least affected banks during the global financial crisis, but afterwards began shrinking its investment business, executing layoffs and cutting costs. the bank was at the center of multiple international investigation for tax avoidance which culminated in a guilty plea and the forfeiture of us$2.6 billion in fines from 2008 to 2012. in 2017, credit suisse had chf 1.376 trillion of assets under management, an increase of 9.9% from 2016.