Commissions and fees

12 Months Ended

Dec. 31, 2011

Commissions and fees

in	2011	2010	2009
Commissions and fees (CHF million)
Lending business	1,296	1,455	1,048
Investment and portfolio management	4,070	4,316	4,289
Other securities business	90	75	136
Fiduciary business	4,160	4,391	4,425
Underwriting	1,479	2,125	2,375
Brokerage	4,066	3,953	4,102
Underwriting and brokerage	5,545	6,078	6,477
Other services	1,951	2,154	1,800
Commissions and fees	12,952	14,078	13,750

Bank

Commissions and fees

in	2011	2010	2009
Commissions and fees (CHF million)
Lending business	1,243	1,404	995
Investment and portfolio management	3,490	3,705	3,666
Other securities business	77	58	124
Fiduciary business	3,567	3,763	3,790
Underwriting	1,479	2,125	2,375
Brokerage	3,748	3,714	3,846
Underwriting and brokerage	5,227	5,839	6,221
Other services	1,927	2,116	1,764
Commissions and fees	11,964	13,122	12,770