Merger of Neue Aargauer Bank AG (NAB) with Credit Suisse (Switzerland) Ltd

On 25 August 2020, Credit Suisse announced its plan to merge the business of its wholly-owned subsidiary, Neue Aargauer Bank AG (NAB), with that of Credit Suisse (Switzerland) Ltd., NAB’s direct parent company. NAB is a universal bank in the Canton of Aargau and approximately CHF 19 billion of assets under management as well as a mortgage volume of CHF 19.1 billion (as of 31 December 2019).