Credit Suisse Group AGCredit Suisse Group AGCredit Suisse Group AG
DelistedDelistedDelisted

Credit Suisse Group AG

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About Credit Suisse Group AG


Sector
Headquarters
Zurich
Founded
2006
Credit Suisse Group AG is a holding company, which engages in the provision of financial services. It operates through the following four divisions: Wealth Management, Investment Bank, Swiss Bank and Asset Management and four geographic regions: Switzerland, Europe, the Middle East and Africa (EMEA), Asia Pacific, and Americas. The Wealth Management division offers comprehensive wealth management and investment solutions, tailored financing, and advisory services to ultra-high-net-worth (UHNW) and high net-worth (HNW) individuals and external asset managers. The Investment Bank division offers a broad range of financial products and services focused on client-driven businesses and also supports Credit Suisse’s Wealth Management division and its clients. The Swiss Bank division offers comprehensive advice and a wide range of financial solutions to private, corporate, and institutional clients in Switzerland. The Asset Management division offers investment solutions and services globally to a broad range of clients, including pension funds, governments, foundations and endowments, corporations, and individuals. The company was founded by Alfred Escher on July 5, 1856 and is headquartered in Zurich, Switzerland.
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Delisting occurs when a security is removed from a stock exchange, either voluntarily or involuntarily. It happens for various reasons: some companies do it as they cease all operations, others opt for it as the result of bankruptcy. Among other reasons there are merging with another company, failing to meet listing requirements, or the transition to private ownership.
A stock's fate depends on the way the company delisted. If it delisted voluntarily, its shareholders typically receive cash as a buyout or corresponding shares in the acquiring company. However, when a company is forced to delist, shareholders have to either find a buyer on the exchange, or keep holding shares of an unlisted company.
CS reached its all-time high on Apr 30, 2007 with the price of 79.29 USD, and its all-time low was 0.82 USD and was reached on May 31, 2023. View more price dynamics on CS chart.
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