Credit Suisse Subsidiary Joins SIX Swiss Exchange as New Participant
Posted: Sun Nov 20, 2016 11:57 am
Following today’s announcement regarding the legal restructuring at Credit Suisse, SIX Swiss Exchange has welcomed Credit Suisse (Switzerland) as a new participant.
The new Swiss legal entity is a wholly owned subsidiary of Credit Suisse AG and covers its Swiss business. With the admission of Credit Suisse (Switzerland), membership of SIX Swiss Exchange and the role of General Clearing Member will pass from Credit Suisse AG to the new Swiss legal entity. Credit Suisse AG will in future act as the Reporting Member.
Restructuring
As reported earlier today, the new bank is part of a broad shake-up of Credit Suisse ... (read more)