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Read more: Merger of Neue Aargauer Bank AG (NAB) with Credit Suisse (Switzerland) Ltd
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).
Reference: CapLaw-2020-48