What is the relationship between Credit Suisse Group and UBS Group AG?

Credit Suisse refers to Credit Suisse Co., Ltd., and UBS generally refers to UBS Group AG Co., Ltd.; Credit Suisse is the world's top financial service institution, and its business scope includes investment banking, private banking and wealth management, and it belongs to Credit Suisse Group. UBS mainly provides financial consulting services and solutions to wealthy people, institutional and corporate clients around the world and private clients in Switzerland.

Credit Suisse Group, founded in 1856, is one of the largest financial groups in the world, consisting of four banking departments and one insurance department. On August 2nd, 1999, Credit Suisse First Boston Bank Shanghai Branch was approved to meet the foreign exchange and RMB demand of foreign countries and joint ventures in Zhejiang and Jiangsu provinces.

UBS Group AG Group AG was established in 1862, and its business covers all major financial centers in the world. Its shares are listed on Swiss Stock Exchange and new york Stock Exchange. UBS's wealth management business mainly provides tailor-made comprehensive services for high-end customers, from asset management to estate planning, corporate financing consultants and art investment services.

UBS Group AG's business in China includes UBS Securities Co., Ltd. and Swiss Bank (China) Co., Ltd. Swiss Bank (China) Co., Ltd. was established on May 2, 20 12, with its registered address at Unit 1220B- 1230, Yinglan International Financial Center, No.7 Financial Street, Xicheng District, Beijing.