XML 158 R47.htm IDEA: XBRL DOCUMENT v3.19.1
Significant subsidiaries and equity method investments
 12 Months Ended
Dec. 31, 2018
Significant subsidiaries and equity method investments
40 Significant subsidiaries and equity method investments
Significant subsidiaries


Company name



Domicile



Currency 		Nominal

capital

in million 		Equity

interest

in %
End of 2018        
Credit Suisse Group AG  
Credit Suisse AG Zurich, Switzerland CHF 4,399.7 100
Credit Suisse Insurance Linked Strategies Ltd Zurich, Switzerland CHF 0.2 100
Credit Suisse (Poland) SP. z o.o Warsaw, Poland PLN 20.0 100
Credit Suisse Services AG Zurich, Switzerland CHF 1.0 100
Credit Suisse Trust AG Zurich, Switzerland CHF 5.0 100
Credit Suisse Trust Holdings Limited St. Peter Port, Guernsey GBP 2.0 100
CS LP Holding AG Zug, Switzerland CHF 0.1 100
Inreska Limited St. Peter Port, Guernsey GBP 3.0 100
Savoy Hotel Baur en Ville AG Zurich, Switzerland CHF 7.5 88
Credit Suisse AG  
Alpine Securitization LTD George Town, Cayman Islands USD 0.0 100
Asset Management Finance LLC Wilmington, United States USD 167.8 100
Banco Credit Suisse (Brasil) S.A. São Paulo, Brazil BRL 53.6 100
Banco Credit Suisse (México), S.A. Mexico City, Mexico MXN 1,716.7 100
Banco de Investimentos Credit Suisse (Brasil) S.A. São Paulo, Brazil BRL 164.8 100
BANK-now AG Horgen, Switzerland CHF 30.0 100
Boston Re Ltd. Hamilton, Bermuda USD 2.0 100
Casa de Bolsa Credit Suisse (México), S.A. de C.V. Mexico City, Mexico MXN 274.0 100
Column Financial, Inc. Wilmington, United States USD 0.0 100
Credit Suisse (Australia) Limited Sydney, Australia AUD 34.1 100
Credit Suisse (Brasil) S.A. Corretora de Titulos e Valores Mobiliários São Paulo, Brazil BRL 98.4 100
Credit Suisse (Deutschland) Aktiengesellschaft Frankfurt, Germany EUR 130.0 100
Credit Suisse (Hong Kong) Limited Hong Kong, China HKD 13,758.0 100
Credit Suisse (Italy) S.p.A. Milan, Italy EUR 170.0 100
Credit Suisse (Luxembourg) S.A. Luxembourg, Luxembourg CHF 230.9 100
Credit Suisse (Qatar) LLC Doha, Qatar USD 29.0 100
Credit Suisse (Schweiz) AG Zurich, Switzerland CHF 100.0 100
Credit Suisse (Singapore) Limited Singapore, Singapore SGD 743.3 100
Credit Suisse (UK) Limited London, United Kingdom GBP 245.2 100
Credit Suisse (USA), Inc. Wilmington, United States USD 0.0 100
Credit Suisse Asset Management (UK) Holding Limited London, United Kingdom GBP 144.2 100
Credit Suisse Asset Management Immobilien Kapitalanlagegesellschaft mbH Frankfurt, Germany EUR 6.1 100
Credit Suisse Asset Management International Holding Ltd Zurich, Switzerland CHF 20.0 100
Credit Suisse Asset Management Investments Ltd Zurich, Switzerland CHF 0.1 100
Credit Suisse Asset Management Limited London, United Kingdom GBP 45.0 100
Credit Suisse Asset Management, LLC Wilmington, United States USD 1,086.8 100
Credit Suisse Atlas I Investments (Luxembourg) S.à.r.l. Luxembourg, Luxembourg USD 0.0 100
Credit Suisse Brazil (Bahamas) Limited Nassau, Bahamas USD 70.0 100
Credit Suisse Business Analytics (India) Private Limited Mumbai, India INR 40.0 100
Credit Suisse Capital LLC Wilmington, United States USD 937.6 100
Credit Suisse Energy LLC Wilmington, United States USD 0.0 100
Credit Suisse Equities (Australia) Limited Sydney, Australia AUD 62.5 100
Credit Suisse Finance (India) Private Limited Mumbai, India INR 1,050.1 100
Credit Suisse First Boston (Latam Holdings) LLC George Town, Cayman Islands USD 23.8 100
Credit Suisse First Boston Finance B.V. Amsterdam, The Netherlands EUR 0.0 100
Significant subsidiaries (continued)


Company name



Domicile



Currency 		Nominal

capital

in million 		Equity

interest

in %
Credit Suisse First Boston Mortgage Capital LLC Wilmington, United States USD 356.6 100
Credit Suisse First Boston Next Fund, Inc. Wilmington, United States USD 10.0 100
Credit Suisse Fund Management S.A. Luxembourg, Luxembourg CHF 0.3 100
Credit Suisse Fund Services (Luxembourg) S.A. Luxembourg, Luxembourg CHF 1.5 100
Credit Suisse Funds AG Zurich, Switzerland CHF 7.0 100
Credit Suisse Group Finance (U.S.) Inc. Wilmington, United States USD 100.0 100
Credit Suisse Hedging-Griffo Corretora de Valores S.A. São Paulo, Brazil BRL 29.6 100
Credit Suisse Holding Europe (Luxembourg) S.A. Luxembourg, Luxembourg CHF 32.6 100
Credit Suisse Holdings (Australia) Limited Sydney, Australia AUD 3.0 100
Credit Suisse Holdings (USA), Inc. Wilmington, United States USD 550.0 100
Credit Suisse International London, United Kingdom USD 12,366.1 100 1
Credit Suisse InvestLab AG Zurich, Switzerland CHF 1.0 100
Credit Suisse Istanbul Menkul Degerler A.S. Istanbul, Turkey TRY 6.8 100
Credit Suisse Leasing 92A, L.P. Wilmington, United States USD 43.9 100
Credit Suisse Life & Pensions AG Vaduz, Liechtenstein CHF 15.0 100
Credit Suisse Life (Bermuda) Ltd. Hamilton, Bermuda USD 1.0 100
Credit Suisse Loan Funding LLC Wilmington, United States USD 0.0 100
Credit Suisse Management LLC Wilmington, United States USD 896.4 100
Credit Suisse Prime Securities Services (USA) LLC Wilmington, United States USD 263.3 100
Credit Suisse Private Equity, LLC Wilmington, United States USD 42.2 100
Credit Suisse PSL GmbH Zurich, Switzerland CHF 0.0 100
Credit Suisse Saudi Arabia Riyadh, Saudi Arabia SAR 625.0 100
Credit Suisse Securities (Canada), Inc. Toronto, Canada CAD 3.4 100
Credit Suisse Securities (Europe) Limited London, United Kingdom USD 3,859.3 100
Credit Suisse Securities (Hong Kong) Limited Hong Kong, China HKD 2,080.9 100
Credit Suisse Securities (India) Private Limited Mumbai, India INR 2,214.7 100
Credit Suisse Securities (Japan) Limited Tokyo, Japan JPY 78,100.0 100
Credit Suisse Securities (Johannesburg) Proprietary Limited Johannesburg, South Africa ZAR 0.0 100
Credit Suisse Securities (Malaysia) Sdn. Bhd. Kuala Lumpur, Malaysia MYR 100.0 100
Credit Suisse Securities (Moscow) Moscow, Russia RUB 97.1 100
Credit Suisse Securities (Singapore) Pte Limited Singapore, Singapore SGD 30.0 100
Credit Suisse Securities (Thailand) Limited Bangkok, Thailand THB 500.0 100
Credit Suisse Securities (USA) LLC Wilmington, United States USD 1,131.7 100
Credit Suisse Services (India) Private Limited Pune, India INR 0.1 100
Credit Suisse Services (USA) LLC Wilmington, United States USD 0.0 100
CS Non-Traditional Products Ltd. Nassau, Bahamas USD 0.1 100
CSAM Americas Holding Corp. Wilmington, United States USD 0.0 100
DLJ Merchant Banking Funding, Inc Wilmington, United States USD 0.0 100
DLJ Mortgage Capital, Inc. Wilmington, United States USD 0.0 100
Fides Treasury Services AG Zurich, Switzerland CHF 2.0 100
JSC "Bank Credit Suisse (Moscow)" Moscow, Russia USD 37.8 100
Lime Residential Ltd Nassau, Bahamas USD 100.0 100
Merban Equity AG Zug, Switzerland CHF 0.1 100
Merchant Holding, LLC Wilmington, United States USD 0.0 100
Neue Aargauer Bank AG Aarau, Switzerland CHF 134.1 100
Solar Investco II Ltd. George Town, Cayman Islands USD 0.0 100
SPS Holding Corporation Wilmington, United States USD 0.0 100
SVC - AG für KMU Risikokapital Zurich, Switzerland CHF 15.0 100
PT Credit Suisse Sekuritas Indonesia Jakarta, Indonesia IDR 235,000.0 99
Credit Suisse Hypotheken AG Zurich, Switzerland CHF 0.1 98
1
98% of voting rights and 98% of equity interest held by Credit Suisse AG.
Significant equity method investments


Company name



Domicile 		Equity

interest

in %
        
Credit Suisse Group AG  
Credit Suisse Group Finance (Guernsey) Limited St. Peter Port, Guernsey 100 1
Credit Suisse Group Funding (Guernsey) Limited St. Peter Port, Guernsey 100 1
SECB Swiss Euro Clearing Bank GmbH  2 Frankfurt, Germany 25
Credit Suisse AG  
Swisscard AECS GmbH Horgen, Switzerland 50
Credit Suisse Founder Securities Limited Beijing, China 33
E.L. & C. Baillieu Stockbroking (Holdings) Pty Ltd Melbourne, Australia 23
ICBC Credit Suisse Asset Management Co., Ltd. Beijing, China 20
York Capital Management Global Advisors, LLC New York, United States 5 3
Holding Verde Empreendimentos e Participações S.A. São Paulo, Brazil 0 3
1
Deconsolidated under US GAAP as the Group is not the primary beneficiary.
2
Sold on January 31, 2019.
3
The Group holds a significant noncontrolling interest.
Bank  
Significant subsidiaries and equity method investments
39 Significant subsidiaries and equity method investments
Significant subsidiaries


Company name



Domicile



Currency 		Nominal

capital

in million 		Equity

interest

in %
End of 2018        
Credit Suisse AG  
Alpine Securitization LTD George Town, Cayman Islands USD 0.0 100
Asset Management Finance LLC Wilmington, United States USD 167.8 100
Banco Credit Suisse (Brasil) S.A. São Paulo, Brazil BRL 53.6 100
Banco Credit Suisse (México), S.A. Mexico City, Mexico MXN 1,716.7 100
Banco de Investimentos Credit Suisse (Brasil) S.A. São Paulo, Brazil BRL 164.8 100
BANK-now AG Horgen, Switzerland CHF 30.0 100
Boston Re Ltd. Hamilton, Bermuda USD 2.0 100
Casa de Bolsa Credit Suisse (México), S.A. de C.V. Mexico City, Mexico MXN 274.0 100
Column Financial, Inc. Wilmington, United States USD 0.0 100
Credit Suisse (Australia) Limited Sydney, Australia AUD 34.1 100
Credit Suisse (Brasil) S.A. Corretora de Titulos e Valores Mobiliários São Paulo, Brazil BRL 98.4 100
Credit Suisse (Deutschland) Aktiengesellschaft Frankfurt, Germany EUR 130.0 100
Credit Suisse (Hong Kong) Limited Hong Kong, China HKD 13,758.0 100
Credit Suisse (Italy) S.p.A. Milan, Italy EUR 170.0 100
Credit Suisse (Luxembourg) S.A. Luxembourg, Luxembourg CHF 230.9 100
Credit Suisse (Qatar) LLC Doha, Qatar USD 29.0 100
Credit Suisse (Schweiz) AG Zurich, Switzerland CHF 100.0 100
Credit Suisse (Singapore) Limited Singapore, Singapore SGD 743.3 100
Credit Suisse (UK) Limited London, United Kingdom GBP 245.2 100
Credit Suisse (USA), Inc. Wilmington, United States USD 0.0 100
Credit Suisse Asset Management (UK) Holding Limited London, United Kingdom GBP 144.2 100
Credit Suisse Asset Management Immobilien Kapitalanlagegesellschaft mbH Frankfurt, Germany EUR 6.1 100
Credit Suisse Asset Management International Holding Ltd Zurich, Switzerland CHF 20.0 100
Credit Suisse Asset Management Investments Ltd Zurich, Switzerland CHF 0.1 100
Credit Suisse Asset Management Limited London, United Kingdom GBP 45.0 100
Credit Suisse Asset Management, LLC Wilmington, United States USD 1,086.8 100
Credit Suisse Atlas I Investments (Luxembourg) S.à.r.l. Luxembourg, Luxembourg USD 0.0 100
Credit Suisse Brazil (Bahamas) Limited Nassau, Bahamas USD 70.0 100
Credit Suisse Business Analytics (India) Private Limited Mumbai, India INR 40.0 100
Credit Suisse Capital LLC Wilmington, United States USD 937.6 100
Credit Suisse Energy LLC Wilmington, United States USD 0.0 100
Credit Suisse Equities (Australia) Limited Sydney, Australia AUD 62.5 100
Credit Suisse Finance (India) Private Limited Mumbai, India INR 1,050.1 100
Credit Suisse First Boston (Latam Holdings) LLC George Town, Cayman Islands USD 23.8 100
Credit Suisse First Boston Finance B.V. Amsterdam, The Netherlands EUR 0.0 100
Credit Suisse First Boston Mortgage Capital LLC Wilmington, United States USD 356.6 100
Credit Suisse First Boston Next Fund, Inc. Wilmington, United States USD 10.0 100
Credit Suisse Fund Management S.A. Luxembourg, Luxembourg CHF 0.3 100
Significant subsidiaries (continued)


Company name



Domicile



Currency 		Nominal

capital

in million 		Equity

interest

in %
Credit Suisse Fund Services (Luxembourg) S.A. Luxembourg, Luxembourg CHF 1.5 100
Credit Suisse Funds AG Zurich, Switzerland CHF 7.0 100
Credit Suisse Group Finance (U.S.) Inc. Wilmington, United States USD 100.0 100
Credit Suisse Hedging-Griffo Corretora de Valores S.A. São Paulo, Brazil BRL 29.6 100
Credit Suisse Holding Europe (Luxembourg) S.A. Luxembourg, Luxembourg CHF 32.6 100
Credit Suisse Holdings (Australia) Limited Sydney, Australia AUD 3.0 100
Credit Suisse Holdings (USA), Inc. Wilmington, United States USD 550.0 100
Credit Suisse InvestLab AG Zurich, Switzerland CHF 1.0 100
Credit Suisse Istanbul Menkul Degerler A.S. Istanbul, Turkey TRY 6.8 100
Credit Suisse Leasing 92A, L.P. Wilmington, United States USD 43.9 100
Credit Suisse Life & Pensions AG Vaduz, Liechtenstein CHF 15.0 100
Credit Suisse Life (Bermuda) Ltd. Hamilton, Bermuda USD 1.0 100
Credit Suisse Loan Funding LLC Wilmington, United States USD 0.0 100
Credit Suisse Management LLC Wilmington, United States USD 896.4 100
Credit Suisse Prime Securities Services (USA) LLC Wilmington, United States USD 263.3 100
Credit Suisse Private Equity, LLC Wilmington, United States USD 42.2 100
Credit Suisse PSL GmbH Zurich, Switzerland CHF 0.0 100
Credit Suisse Saudi Arabia Riyadh, Saudi Arabia SAR 625.0 100
Credit Suisse Securities (Canada), Inc. Toronto, Canada CAD 3.4 100
Credit Suisse Securities (Europe) Limited London, United Kingdom USD 3,859.3 100
Credit Suisse Securities (Hong Kong) Limited Hong Kong, China HKD 2,080.9 100
Credit Suisse Securities (India) Private Limited Mumbai, India INR 2,214.7 100
Credit Suisse Securities (Japan) Limited Tokyo, Japan JPY 78,100.0 100
Credit Suisse Securities (Johannesburg) Proprietary Limited Johannesburg, South Africa ZAR 0.0 100
Credit Suisse Securities (Malaysia) Sdn. Bhd. Kuala Lumpur, Malaysia MYR 100.0 100
Credit Suisse Securities (Moscow) Moscow, Russia RUB 97.1 100
Credit Suisse Securities (Singapore) Pte Limited Singapore, Singapore SGD 30.0 100
Credit Suisse Securities (Thailand) Limited Bangkok, Thailand THB 500.0 100
Credit Suisse Securities (USA) LLC Wilmington, United States USD 1,131.7 100
Credit Suisse Services (India) Private Limited Pune, India INR 0.1 100
Credit Suisse Services (USA) LLC Wilmington, United States USD 0.0 100
CS Non-Traditional Products Ltd. Nassau, Bahamas USD 0.1 100
CSAM Americas Holding Corp. Wilmington, United States USD 0.0 100
DLJ Merchant Banking Funding, Inc Wilmington, United States USD 0.0 100
DLJ Mortgage Capital, Inc. Wilmington, United States USD 0.0 100
Fides Treasury Services AG Zurich, Switzerland CHF 2.0 100
JSC "Bank Credit Suisse (Moscow)" Moscow, Russia USD 37.8 100
Lime Residential Ltd Nassau, Bahamas USD 100.0 100
Merban Equity AG Zug, Switzerland CHF 0.1 100
Merchant Holding, LLC Wilmington, United States USD 0.0 100
Neue Aargauer Bank AG Aarau, Switzerland CHF 134.1 100
Solar Investco II Ltd. George Town, Cayman Islands USD 0.0 100
SPS Holding Corporation Wilmington, United States USD 0.0 100
SVC - AG für KMU Risikokapital Zurich, Switzerland CHF 15.0 100
PT Credit Suisse Sekuritas Indonesia Jakarta, Indonesia IDR 235,000.0 99
Credit Suisse Hypotheken AG Zurich, Switzerland CHF 0.1 98
Credit Suisse International London, United Kingdom USD 12,366.1 98 1
1
Remaining 2% held directly by Credit Suisse Group AG. 98% of voting rights and 98% of equity interest held by Credit Suisse AG.
Significant equity method investments


Company name



Domicile 		Equity

interest

in %
End of 2018        
Credit Suisse AG  
Swisscard AECS GmbH Horgen, Switzerland 50
Credit Suisse Founder Securities Limited Beijing, China 33
E.L. & C. Baillieu Stockbroking (Holdings) Pty Ltd Melbourne, Australia 23
ICBC Credit Suisse Asset Management Co., Ltd. Beijing, China 20
York Capital Management Global Advisors, LLC New York, United States 5 1
Holding Verde Empreendimentos e Participações S.A. São Paulo, Brazil 0 1
1
The Bank holds a significant noncontrolling interest.