Credit Suisse AG Credit Suisse Group Funding (Guernsey)

Total Page:16

File Type:pdf, Size:1020Kb

Credit Suisse AG Credit Suisse Group Funding (Guernsey) BASE PROSPECTUS Credit Suisse AG (incorporated with limited liability in Switzerland) and Credit Suisse Group Funding (Guernsey) Limited (incorporated with limited liability in Guernsey, Channel Islands) and Credit Suisse Group AG (incorporated with limited liability in Switzerland) Euro Medium Term Note Programme Notes issued by Credit Suisse Group Funding (Guernsey) Limited will be unconditionally and irrevocably guaranteed by Credit Suisse Group AG (incorporated with limited liability in Switzerland) ________________________________ Under this Euro Medium Term Note Programme (the Programme), each of Credit Suisse AG, acting through its Zurich head office or a designated branch (CS), Credit Suisse Group Funding (Guernsey) Limited (CSG Funding Guernsey) and Credit Suisse Group AG (CSG), in its capacity as an issuer and together with CSG Funding Guernsey and CS, each an Issuer and together the Issuers) may from time to time issue notes (the Notes) denominated in any currency agreed between the Issuer of such Notes (the relevant Issuer) and the relevant Dealer (as defined below). The payments of all amounts due in respect of the Notes issued by CSG Funding Guernsey (Guaranteed Notes) will be unconditionally and irrevocably guaranteed by Credit Suisse Group AG (in such capacity, the Guarantor). Notes may be issued in bearer, registered or uncertificated form (respectively Bearer Notes, Registered Notes and Uncertificated Notes). The Notes may be issued on a continuing basis to one or more of the Dealers specified under “General Description of the Programme” and any additional Dealer appointed under the Programme from time to time by CSG or CS (each a Dealer and together the Dealers), which appointment may be for a specific issue or on an ongoing basis. References in this Base Prospectus to the relevant Dealer shall, in the case of an issue of Notes being (or intended to be) subscribed by more than one Dealer, be to all Dealers agreeing to subscribe such Notes. An investment in Notes issued under the Programme involves certain risks. For a discussion of these risks, see ‘’Risk Factors’’. Application has been made to the Commission de Surveillance du Secteur Financier (the CSSF) in its capacity as competent authority under the Luxembourg Act dated 10th July 2005 (the Luxembourg Act) on prospectuses for securities to approve this document as a base prospectus. The CSSF assumes no responsibility for the economic and financial soundness of the transactions contemplated by this Base Prospectus or the quality or solvency of the Issuers in accordance with Article 7(7) of the Luxembourg Act dated 10th July 2005 on prospectuses for securities. Application has also been made to the Luxembourg Stock Exchange for Notes issued under the Programme to be admitted to trading on the Luxembourg Stock Exchange’s Regulated Market and to be listed on the Official List of the Luxembourg Stock Exchange. References in this Base Prospectus to Notes being listed (and all related references) shall mean that such Notes have been admitted to trading on the Luxembourg Stock Exchange's Regulated Market and have been admitted to the Official List of the Luxembourg Stock Exchange. The Luxembourg Stock Exchange’s Regulated Market is a regulated market for the purposes of Directive 2004/39/EC on Markets in Financial Instruments. In addition, application has been made to register the Programme on the SIX Swiss Exchange AG (the SIX Swiss Exchange). The CSSF is not the competent authority to approve this document in relation to the Swiss Global Notes and the Swiss Uncertificated Notes (as defined herein). Notice of the aggregate nominal amount of Notes, interest (if any) payable in respect of Notes, the issue price of Notes and certain other information which is applicable to each Tranche (as defined under “Terms and Conditions of the Notes”) of Notes will be set out in the final terms (the Final Terms) which, with respect to Notes to be admitted to trading on the Luxembourg Stock Exchange’s Regulated Market and listed on the Official List of the Luxembourg Stock Exchange, will be filed with the CSSF or, in respect of Notes to be listed on the SIX Swiss Exchange, will be filed with the SIX Swiss Exchange. Copies of Final Terms in relation to Notes to be listed on the Luxembourg Stock Exchange will also be published on the website of the Luxembourg Stock Exchange (www.bourse.lu) The Programme provides that Notes may be listed or admitted to trading, as the case may be, on the Luxembourg Stock Exchange, the SIX Swiss Exchange or on such other or further stock exchanges or markets as may be agreed between the relevant Obligors (which expression, in relation to any Series (as defined herein) of Notes, means the relevant Issuer and, if the relevant Issuer is CSG Funding Guernsey, the Guarantor) and the relevant Dealer. The Issuers may also issue unlisted Notes and/ or Notes not admitted to trading on any market. CS has, and issues of Notes by CS under the Programme having a maturity of one year or more have, been rated A by Standard & Poor’s Credit Market Services Europe Limited (S&P), A by Fitch Ratings Ltd. (Fitch) and A1 by Moody’s Investors Service, Inc. (Moody's Inc.). CSG has, and issues of Notes by CSG or CSG Funding Guernsey under the Programme having in each case a maturity of one year or more have, been rated BBB+ by S&P, A by Fitch and A2 by Moody's Inc. Each of S&P and Fitch is established in the European Union and registered under Regulation (EC) No. 1060/2009 (as 1 amended) (the CRA Regulation). Moody’s Inc. is not established in the European Union and has not applied for registration under the CRA Regulation. In general, and subject to certain exceptions (including the exception outlined below), European regulated investors are restricted from using a credit rating for regulatory purposes if such a credit rating is not issued by a credit rating agency established in the European Union and registered under the CRA Regulation unless the rating is provided by a credit rating agency operating in the European Union before 7th June 2010 which has submitted an application for registration in accordance with the CRA Regulation and such registration is not refused. Subject to the fulfilment of the conditions set out in Article 4(3) of the CRA Regulation, a credit rating agency established in the European Union and registered in accordance with the CRA Regulation (an EU CRA) may endorse (for regulatory purposes in the European Union) credit ratings issued outside the European Union where (i) the credit rating activities resulting in the issuing of the credit rating are undertaken in whole or in part by a credit rating agency or credit rating agencies belonging to the same group (a non-EU CRA); and (ii) the EU CRA has verified and is able to demonstrate on an ongoing basis to ESMA that the conduct of the credit rating activities by the non-EU CRA resulting in the issuing of the credit rating to be endorsed fulfils requirements which are “at least as stringent as” the requirements of the CRA Regulation. Commission Implementing Decision 2012/628/EU provides that the United States legal and supervisory framework for credit rating agencies shall be considered as equivalent to the requirements of the CRA Regulation. Moody's Investors Service Limited (which has been registered under the CRA Regulation and appears on the list of registered credit rating agencies on ESMA's website - http://www.esma.europa.eu/page/List-registered-and-certified-CRAs) currently endorses credit ratings issued by Moody's Inc. for regulatory purposes in the European Union. There can be no assurance that Moody’s Investors Service Limited will continue to endorse credit ratings issued by Moody’s Inc. Notes issued under the Programme may be rated or unrated by any one or more of the rating agencies referred to above. Where a Tranche of Notes is rated, such rating will be disclosed in the applicable Final Terms and will not necessarily be the same as the rating assigned to the Programme by the relevant rating agency. A security rating is not a recommendation to buy, sell or hold securities and may be subject to suspension, reduction or withdrawal at any time by the assigning rating agency. Credit Suisse The date of this Base Prospectus is 13th May 2015. 2 This Base Prospectus comprises a base prospectus in relation to each Issuer for the purposes of Article 5.4 of the Prospectus Directive. Prospectus Directive means Directive 2003/71/EC (as amended, including by Directive 2010/73/EU), and includes any relevant implementing measure in a relevant Member State of the European Economic Area. The Issuers and the Guarantor accept responsibility for the information contained in this Base Prospectus and the Final Terms for each Tranche of Notes issued under the Programme. To the best of the knowledge of the Issuers and the Guarantor (each having taken all reasonable care to ensure that such is the case) the information contained in this Base Prospectus is in accordance with the facts and does not omit anything likely to affect the import of such information. Copies of Final Terms will be available from the registered office of the relevant Issuer and the specified office set out below of each of the Paying Agents (as defined below). This Base Prospectus is to be read in conjunction with all documents which are deemed to be incorporated herein by reference (see “Documents Incorporated by Reference”). This Base Prospectus shall be read and construed on the basis that such documents are incorporated by reference and form part of this Base Prospectus.
Recommended publications
  • 150 Years Anniversary Magazine
    magazine. swiss life y anniversar The Life. Swiss of years 0 15 The anniversary magazine. Das Magazin zum Jubiläum. The first policy. Page 4 Insured with Swiss Life. Page 5 Time warp. From page 6 150 years. This is how long Swiss Life has been around. What happened during this time? Short stories are scattered throughout the magazine like a multicoloured mosaic – travel- ling back over the past 150 years. Life’s journeys. From page 7 Switzerland is a small but very diverse country, as confirmed by these 16 life stories. Some look back, some live com- pletely in the here and now, and some look to the future. Life stories from Switzerland. Working after retirement Securing people’s future for 150 years. Page 8 Bruno Gehrig is the Chairman of the Board of Directors of keeps you happy. Page 16. Swiss Life. He focuses on solving the medium- and long- term problems facing the Swiss pension system, but still finds time to criticise unfavourable developments in the system. Working after retirement keeps you happy. Page 16 Life expectancy is constantly on the rise. These days, many seniors stay fit and healthy until they are very old. Four examples of people who didn’t want to stop working at 65. And what scientists think of working after retirement age. Swiss Life’s commitment. Kids Festival for the The leader in Switzerland, strong in Europe. Page 28 football stars of tomorrow. Page 66. The insurance market has changed greatly during the past few years. Competition has become fiercer, both in Switzerland and abroad.
    [Show full text]
  • Sales Prospectus with Integrated Fund Contract Clariden Leu (CH) Swiss Small Cap Equity Fund
    Sales Prospectus with integrated Fund Contract Clariden Leu (CH) Swiss Small Cap Equity Fund September 2011 Contractual fund under Swiss law (type "Other funds for traditional investments") Clariden Leu (CH) Swiss Small Cap Equity Fund was established by Swiss Investment Company SIC Ltd., Zurich, as the Fund Management Company and Clariden Leu Ltd., Zurich, as the custodian bank. This is an English translation of the offical German prospectus. In case of discrepancies between the German and English text, the German text shall prevail. Part I Prospectus This Prospectus with integrated Fund Contract, the Simplified Prospectus and the most recent annual or semi-annual report (if published after the latest annual report) serve as the basis for all subscriptions of Shares in this Fund. Only the information contained in the Prospectus, the Simplified Prospectus or in the Fund Contract will be deemed to be valid. 1 General information Main parties Fund Management Company: Swiss Investment Company SIC Ltd. Claridenstrasse 19, CH-8002 Zurich Postal address: XS, CH-8070 Zurich Phone: +41 (0) 58 205 37 60 Fax: +41 (0) 58 205 37 67 Custodian Bank, Paying Agent and Distributor: Clariden Leu Ltd. Bahnhofstrasse 32, CH-8070 Zurich Phone: +41 (0) 844 844 001 Fax: +41 (0) 58 205 62 56 e-mail: [email protected] Website: http://www.claridenleu.com Investment Manager: Clariden Leu Ltd. Bahnhofstrasse 32, CH-8070 Zurich Phone: +41 (0) 844 844 001 Fax: +41 (0) 58 205 62 56 Auditors: KPMG Ltd Badenerstrasse 172, CH-8004 Zurich 2 Information on the Fund 2.1 General information on the Fund Clariden Leu (CH) Swiss Small Cap Equity Fund is an investment fund under Swiss law of the type “Other funds for traditional investments” pursuant to the Swiss Federal Act on Collective Investment Schemes of June 23, 2006.
    [Show full text]
  • Our Legacy What Defines Us, What We Leave Behind 075360E WE BUY HEIRLOOMS and FAMILY TREASURES
    Since 1895. The world’s oldest banking magazine. With the Issue 4 / 2019 Credit Suisse Worry Barometer 2019 Our legacy What defines us, what we leave behind 075360E WE BUY HEIRLOOMS AND FAMILY TREASURES. As a subsidiary of Gübelin, we would be happy to assist you with the sale of antique jewellery or gemstones. We can help you to best assess their value and market potential. For a consultation, please contact us at: +41 41 429 18 18 www.edigem.com Anzeige_Edigem_CS_Bulletin_220x297.indd 1 12.11.19 12:45 Editorial What we want to leave behind Johann Wolfgang von Goethe once observed, “What you have inherited from your forefathers, earn over again for yourselves or it will not be yours.” In our report on the Young Investors Organization (page 16), a young heiress explains that she has given serious 1 2 3 4 thought to how she wants to use her wealth: “No one needs to remember my name,” she says, “but I want to leave something 1 Viola Steinhoff Werner The Head behind to benefit those who come after me.” of Global Next Generation and This issue is devoted to the multifaceted topic of legacies. Families at Credit Suisse interviewed two fifth-generation descendants We look at the pleasures, as well as the difficulties, of giving and of John D. Rockefeller who want to receiving and ask this question: “What do we want to leave behind?” use the family’s wealth to promote Roger Federer, probably Switzerland’s best-known son, wants to the common good, with the help of free-market tools.
    [Show full text]
  • Switzerland in the 19Th Century
    Switzerland in the 19th century The founding of the Swiss federal state ushered in a period of greater stability as regards both domestic and foreign affairs. The revised Constitution of 1874 extended the powers of the federal government and introduced the optional legislative referendum. Switzerland developed its system of direct democracy further and in 1891 granted the people the right of initiative on the partial revision of the Federal Constitution. That same year the Catholic conservatives – the losers of the Sonderbund war – celebrated, for the first time, the election of one of its representatives to the federal government. The federal state used its new powers to create favourable conditions for the development of a number of industries and service sectors (railways, machine construction and metalworking, chemicals, food industry and banking). These would become the mainstays of the Swiss economy. Not everyone in Switzerland reaped the benefits of the economic upturn. In the 19th century poverty, hunger and a lack of job prospects drove many Swiss people to seek their fortunes elsewhere, particularly in North and South America. At home, industrial towns and cities saw an influx of rural and, increasingly, foreign migrants. Living conditions for many members of this new urban working class were often precarious. Foreign policy During the wave of revolution that engulfed Europe in the early 1850s, relations between Switzerland and Austria, which also ruled northern Italy, were extremely tense. Many Italians, who wanted to see a united and independent Italy (Risorgimento), sought refuge in liberal- run Ticino. The local community sympathised with their cause, some even fighting alongside their Italian comrades or smuggling weapons for them.
    [Show full text]
  • St.Gallen Symposium 2011
    CLUSTER 12 St. Gallen Symposium 2011 Just Power Programme st 41 St. Gallen Symposium University of St. Gallen, Switzerland 12–13 May 2011 12–1341 MAY 2011 1 2 Editorial At the 41st St. Gallen Symposium, the International Content 3 Students’ Committee (ISC) addresses a topic of particular importance: “Just Power”, a subject that Just Power promises to be particularly rewarding, because “power” is a truly global force with relevance to Cluster A: The power of politics and arms many of the economic and political fields that the St. Gallen Symposium has been championing for Cluster B: The power of money and ownership decades. The first part of this brochure offers you Cluster C: The power of voice indepth insights into the topic of the 41st St. Gallen Symposium, a theme subdivided into five clusters. Cluster D: The power of leadership and authority Differentiated comments and statements from speakers and Leaders of Tomorrow of the upcoming Cluster E: The power of values and ideas “3 Days in May” offer a thematic glimpse of the topics addressed and present various opinions on “Just Power”. The second half of this brochure People 17 contains the detailed programme which provides an overview of the sessions and the respective speakers Topic Leaders at the symposium. In pursuing our goal of supporting and Leaders of Tomorrow enhancing intergenerational dialogue, this year we are particularly proud to present St. Gallen Connect, a web platform which allows you to easily get in Programme 12–13 May 2011 19 touch with our Leaders of Tomorrow. Furthermore, St. Gallen Connect provides you with an intuitive Programme interface to organise your individual stay at the St.
    [Show full text]
  • Speaker Book
    SPEAKER BOOK Version as of 8 NOVEMBER 2016 Strategic Partners Premium Partners Table of Contents Program 4 Presenting Companies 7 Speakers 16 PROGRAM Porsche recommends and In the past no one understood what electricity could add to the guitar. The new Panamera 4 E-Hybrid. Imagine electriFying perFormance thanks to a race-proven hybrid concept. 700 Nm oF torque giving blistering acceleration while active all-wheel drive and e-boost Function inject more adrenaline into your everyday liFe. It’s time to plug yourself in: www.porsche.com/panamera Fuel consumption (in l/100 km) combined 2.5; CO2 emissions combined 56 g/km; electricity consumption (combined in kWh/100 km) 15.9 MAIN STAGE - Day 1 10 November 2016 SESSION TITLE COMPANY TIME SPEAKER POSITION COMPANY Breakfast 8:00 - 10:00 CP 9:00 - 9:15 Dr. Klaus Hommels Founder & CEO Lakestar CP 9:15 - 9:30 Fabrice Grinda Co-Founder FJ Labs 9:30 - 9:50 Dr. Klaus Hommels Founder & CEO Lakestar Fabrice Grinda Co-Founder FJ Labs Panel Marco Rodzynek Founder & CEO NOAH Advisors 9:50 - 10:00 Chris Öhlund Group CEO Verivox 10:00 - 10:10 Hervé Hatt CEO Meilleurtaux CP Lead 10:10 - 10:20 Martin Coriat CEO Confused.com 10:20 - 10:30 Andy Hancock Managing Director MoneySavingExpert Generation K 10:30 - 10:45 Carsten Kengeter CEO Deutsche Börse Group 10:45 - 10:55 Carsten Kengeter CEO Deutsche Börse Group FC Marco Rodzynek Founder & CEO NOAH Advisors CP 10:55 - 11:10 Nick Williams Head of EMEA ECM, Co-Head of CMSG Credit Suisse 11:10 - 11:20 Talent 3.0: Science meets Arts CP Karim Jalbout Head of the European
    [Show full text]
  • Credit Suisse Celebrates
    The Credit Suisse magazine 2006 anniversary edition Credit Suisse Celebrates Review What made the world go round – in 1856, the founding year Info section The global network of Credit Suisse Highlight Christo and Jeanne-Claude in Zurich Oracle Banking 17 of the 20 Largest Banks in the World Run Oracle Applications Information Age Applications oracle.com/banking or call 0800 55 25 74 Copyright © 2005, Oracle. All rights reserved. Oracle, JD Edwards and PeopleSoft are registered trademarks of Oracle Corporation and/or its affiliates. Editorial 03 Anniversaries Are In Vogue. Last year we celebrated Einstein and Schiller. And 2006 – the Mozart anniversary year – also happens to be the year in which Credit Suisse marks its 150th birthday. But why look back? Doesn’t that mean standing still? At a time when it is all too easy to lose touch with tradition, there is hardly a risk of that happening. Taking a constructive approach to our heritage helps to give us a sense of identity and cements our collective memory. Without a memory, we do not have any experience – and experience is vital for drawing the right conclusions from history. Hence this anniversary issue of the Credit Suisse Bulletin. We are taking the opportunity to recall our founder, Alfred Escher, and the age in which he lived. For Switzerland it was an age of change and upheaval. Alfred Escher was an exceptional person, and his birth a stroke of good fortune for Switzerland. He was much more than just the man who, in 1856, founded Schweizerische Kreditanstalt, today’s Credit Suisse.
    [Show full text]
  • Exhibit 1 Pg 1 of 101
    12-01676-smb Doc 74-4 Filed 03/28/17 Entered 03/28/17 19:25:16 Exhibit 1 Pg 1 of 101 Exhibit 1 12-01676-smb12-01676-smb Doc Doc 71 74-4 Filed Filed 03/03/17 03/28/17 Entered Entered 03/06/17 03/28/17 14:49:11 19:25:16 Main Exhibit Document 1 Pg Pg 2 1of of101 6 UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK SECURITIES INVESTOR PROTECTION CORPORATION, Adv. Pro. No. 08-01789 (SMB) Plaintiff-Applicant, SIPA LIQUIDATION v. (Substantively Consolidated) BERNARD L. MADOFF INVESTMENT FINAL DOCUMENT SECURITIES LLC, CLOSING ADVERSARY PROCEEDING Defendant. In re: BERNARD L. MADOFF, Debtor. IRVING H. PICARD, Trustee for the Liquidation of Bernard L. Madoff Investment Securities LLC, Adv. Pro. No. 12-01676 (SMB) Plaintiff, v. CREDIT SUISSE AG, as successor-in-interest to Clariden Leu AG and Bank Leu AG, Defendant. STIPULATED FINAL ORDER GRANTING MOTION TO DISMISS Plaintiff Irving H. Picard (the “Trustee”), as trustee of the substantively consolidated liquidation proceeding of Bernard L. Madoff Investment Securities LLC (“BLMIS”), under the Securities Investor Protection Act (“SIPA”), 15 U.S.C. §§ 78aaa et seq., and the estate of Bernard L. Madoff, individually, and Credit Suisse AG, as successor-in-interest to Clariden Leu AG and Bank Leu AG (the “Defendant” and, together with the Trustee, the “Parties”), by and through their respective undersigned counsel, state as follows: {11291980:3} 12-01676-smb12-01676-smb Doc Doc 71 74-4 Filed Filed 03/03/17 03/28/17 Entered Entered 03/06/17 03/28/17 14:49:11 19:25:16 Main Exhibit Document 1 Pg Pg 3 2of of101 6 WHEREAS, on May 30, 2012, the Trustee initiated the above-captioned adversary proceeding in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) by filing a Complaint against Credit Suisse AG and Clariden Leu AG.
    [Show full text]
  • Careers Family and Career Women Who Combine Both Jane Leu +HOSLQJ+DQGIRU7RS4XDOLƟHG'LVKZDVKHUV
    The Credit Suisse Magazine since 1895 Number 1 March 2007 Careers Family and Career Women Who Combine Both Jane Leu +HOSLQJ+DQGIRU7RS4XDOLƟHG'LVKZDVKHUV Oswald J. Grübel :KDW,W7DNHVWR%H6XFFHVVIXO Real Estate 1R(QGLQ6LJKWWR&RQVWUXFWLRQ%RRP" Vietnam 7KH/DQGRIWKH'UDJRQ7DNHV2II John Wood %RRNVIRU2YHUD0LOOLRQ&KLOGUHQ Bulletin plus &DUHHUVDW&UHGLW6XLVVH The Online Magazine of Credit Suisse In Fowww.credit-suisse.com/cusinfocus 7KH&UHGLW6XLVVHPDJD]LQH,Q)RFXVUHSRUWVRQFXUUHQWWRSLFVLQWKHDUHDVRIEXVLQHVVƟQDQFH culture and sport – with in-depth analyses, interviews and feature articles. Subscribe to our free newsletter and stay up to date. The newsletter is published weekly in English, French and German. Economy Our editorial team regularly Investments Credit Suisse analysts give Culture The culture section of In Focus portrays innovative companies, conducts their views on the most important com- is just as varied as the commitment interviews with recognized economic ex- panies, sectors and markets, give tips for of Credit Suisse, with articles on topics perts and presents recent Credit Suisse optimal wealth management, and provide ranging from art, cinema and classical Research studies. information on new products. music to jazz and pop music. Football Credit Suisse has been the Formula One In Focus takes a peek Competitions Win a notebook? Concert main sponsor of Switzerland’s national behind the scenes of the Formula One tickets? Tickets to a football match? football team for almost 13 years – racing world: race analyses, audio inter- Or a visit to the Formula One paddock? and In Focus has been the official infor- views, photo galleries and reports InFocusregularlygivesawayattractive mation platform for the “beautiful game” on the BMW Sauber F1 Team keep motor- prizes.
    [Show full text]
  • Case 1:14-Cr-00188-RBS Document 14 Filed 05/19/14 Page 1 of 16 Pageid# 36 I Fn the UNITED STATES DISTRICT COURT for Tt EASTERN DISTRICT of VIRGIN IA
    Case 1:14-cr-00188-RBS Document 14 Filed 05/19/14 Page 1 of 16 PageID# 36 I fN THE UNITED STATES DISTRICT COURT FOR Tt EASTERN DISTRICT OF VIRGIN IA Alexandria Division UN ITED STATES OF AMER ICA ) ) V. ) CR IMfNAL NO . I :14-CR-12'8' ) CREDIT SUISSE AG, ) ) Defendant. ) STATEMENT OF FACTS The patties stipulate that the allegations in Count One of the Infonnation and the follow ing facts are true and correct, and that had the matter gone to trial the United States would have proven them beyond a reasonable doubt: I. CREDIT SUISSE AG, a corporation organized under the laws of Switzerland, directly and through its parent, subsidiaries and affiliates, operates a global financial services business in more than 50 countries with over 45,000 emp loyees, including 9,000 U.S. employees. In the Un ited States, CRED IT SU ISSE operates as a Financial Holding Company regulated by the Federal Reserve. CREDIT SUISSE offers pri vate banking and wealth management services to over two milli on clients, focusing on ultra-high­ net-worth and hi gh-net-worth individual clients around the globe, including U.S. citizens, legal permanent residents, and resident aliens, located within the Eastern District of Virginia and elsewhere. 2. Clariden Leu Ltd. ("Ciariden Leu") was a private Swiss bank and one of CREDIT SUISSE's who ll y owned subsidiaries. Tt offered private banking and wealth management services that paralleled and often competed with the private wealth management services offered by CRED IT SU ISSE. CREDIT SUISSE formed Clariden Leu on January 26, 2007, by merging four private banks that CREDIT SUISSE wholly owned, Clariden Bank, Bank Leu, Bank Hofmann, and BGP Banca eli Gestione Patrimoniale, with Credit Suisse Fides, the securities dealer that CREDIT SU ISSE wholly owned.
    [Show full text]
  • Angebotsunterlage
    Pflichtveröffentlichung nach § 34 i.V.m. § 14 Abs. 2 und 3 Wertpapiererwerbs- und Übernahmegesetz (WpÜG) Aktionäre der Joyou AG, insbesondere mit Wohnsitz, Sitz oder gewöhnlichem Aufenthalt außerhalb der Bundesrepublik Deutschland, sollten die Hinweise in Abschnitt I.1 (S. 6), "Allgemeine Hinweise für Aktionäre" beachten. Angebotsunterlage Freiwilliges Öffentliches Übernahmeangebot (Barangebot) der Grohe Asia AG Feldmühleplatz 15 40545 Düsseldorf an die Aktionäre der Joyou AG Westhafenplatz 1 60327 Frankfurt am Main zum Erwerb ihrer Aktien der Joyou AG gegen eine Geldleistung in Höhe von EUR 13,50 je Aktie Annahmefrist: 28. März 2011 bis 9. Mai 2011, 24.00 Uhr (mitteleuropäischer Sommerzeit) Aktien der Joyou AG: ISIN DE000A0WMLD8 (WKN A0WMLD) Zum Verkauf eingereichte Aktien der Joyou AG: ISIN DE000A1KRNH7 EUW_ACTIVE:\38173628\17\50805.0017 Inhaltsverzeichnis 1. Allgemeine Hinweise zur Durchführung des Übernahmeangebots..............................6 1.1 Durchführung des Übernahmeangebots nach den Vorschriften des deutschen Wertpapiererwerbs- und Übernahmegesetzes ............................................. 6 1.2 Veröffentlichung der Entscheidung zur Abgabe des Angebots .................................... 6 1.3 Veröffentlichung und Verbreitung der Angebotsunterlage .......................................... 6 1.4 Verbreitung der Angebotsunterlage durch Dritte ......................................................... 7 1.5 Annahme des Angebots außerhalb der Bundesrepublik Deutschland......................... 7 2. Hinweise zu den in der
    [Show full text]
  • Lepointsurlesfrais Etlesrétrocessions
    Fonds deplacement Lepointsurlesfrais etlesrétrocessions Perspectives pourlesactions etlesobligations en2010 Mercredi 3 février 2010 Le Temps Classements: lesperformances desfondsdumarché suisseen2009 Ce supplément ne peut être vendu séparément 2 Fonds de placement Le Temps Mercredi 3 février 2010 ÉDITO Les statistiques d’afflux d’ar- qu’une solution: répartir ses sier, et les coupons des obli- Cela ne signifie pas que l’in- gent de l’Association suisse investissements sur plusieurs gations. Les marchés finan- vestisseur individuel ne des fonds de placement (SFA) actifs, actions, obligations ou ciers peuvent être hostiles. pourra pas faire évoluer sa montrent que les Helvètes autres, ainsi qu’acheter régu- Cependant, le temps joue en stratégie. Jeune, il choisira de achètent souvent au plus lièrement des parts de fonds. faveur de l’investisseur, pour détenir une part élevée d’ac- haut et vendent au plus bas. Il Et attendre. Il pourra y avoir autant que celui-ci soit disci- tions. Quand il approchera de s’agit d’une façon certaine de des périodes où le porte- pliné et prenne la précaution l’âge de la retraite, il donnera perdre de l’argent, puisque feuille sera en perte, mais ce de pas mettre tous ses œufs plus de poids aux obligations. l’investisseur individuel ne sera provisoire. dans le même panier. profite pas des hausses de En période de taux d’intérêt cours et subit les baisses. Ce Ainsi, rappelait un consul- On observe aussi que les indi- élevés et après quelques an- n’est pas que nous soyons tant, en investissant dans un ces diversifiés de la société nées de croissance, il pourra idiots.
    [Show full text]