Credit Suisse AG
Credit Suisse AG is one of the world's leading financial services
providers and is part of the Credit Suisse group of companies (referred
to here as 'Credit Suisse'). As an integrated bank, Credit Suisse offers
clients its combined expertise in the areas of private banking,
investment banking and asset management. Credit Suisse provides advisory
services, comprehensive solutions and innovative products to companies,
institutional clients and high-net-worth private clients globally, as
well as to retail clients in Switzerland. Credit Suisse is headquartered
in Zurich and operates in over 50 countries worldwide. The group
employs approximately 46’720 people. The registered shares (CSGN) of
Credit Suisse's parent company, Credit Suisse Group AG, are listed in
Switzerland and, in the form of American Depositary Shares (CS), in New
York. Further information about Credit Suisse can be found at
www.credit-suisse.com.
Cautionary statement regarding forward-looking information
This document contains statements that constitute forward-looking
statements. In addition, in the future we, and others on our behalf, may
make statements that constitute forward-looking statements. Such
forward-looking statements may include, without limitation, statements
relating to the following:
our plans, objectives or goals;
our future economic performance or prospects;
the potential effect on our future performance of certain contingencies; and
assumptions underlying any such statements.
Words such as “believes,” “anticipates,” “expects,” “intends” and
“plans” and similar expressions are intended to identify forward-looking
statements but are not the exclusive means of identifying such
statements. We do not intend to update these forward-looking statements
except as may be required by applicable securities laws.
By their very nature, forward-looking statements involve inherent
risks and uncertainties, both general and specific, and risks exist that
predictions, forecasts, projections and other outcomes described or
implied in forward-looking statements will not be achieved. We caution
you that a number of important factors could cause results to differ
materially from the plans, objectives, expectations, estimates and
intentions expressed in such forward-looking statements. These factors
include:
the ability to maintain sufficient liquidity and access capital markets;
market volatility and interest rate fluctuations and developments affecting interest rate levels;
the strength of the global economy in general and the strength of
the economies of the countries in which we conduct our operations, in
particular the risk of continued slow economic recovery or downturn in
the US or other developed countries or in emerging markets in 2017 and
beyond;
the direct and indirect impacts of deterioration or slow recovery in residential and commercial real estate markets;
adverse rating actions by credit rating agencies in respect of us,
sovereign issuers, structured credit products or other credit-related
exposures;
the ability to achieve our strategic objectives, including cost
efficiency, net new asset, pre-tax income/(loss), capital ratios and
return on regulatory capital, leverage exposure threshold, risk-weighted
assets threshold and other targets and ambitions;
the ability of counterparties to meet their obligations to us;
the effects of, and changes in, fiscal, monetary, exchange rate, trade and tax policies, as well as currency fluctuations;
political and social developments, including war, civil unrest or terrorist activity;
the possibility of foreign exchange controls, expropriation,
nationalization or confiscation of assets in countries in which we
conduct our operations;
operational factors such as systems failure, human error, or the failure to implement procedures properly;
the risk of cyberattacks on our business or operations;
actions taken by regulators with respect to our business and
practices and possible resulting changes to our business organization,
practices and policies in countries in which we conduct our operations;
the effects of changes in laws, regulations or accounting policies or practices in countries in which we conduct our operations;
the potential effects of proposed changes in our legal entity structure;
competition or changes in our competitive position in geographic and business areas in which we conduct our operations;
the ability to retain and recruit qualified personnel;
the ability to maintain our reputation and promote our brand;
the ability to increase market share and control expenses;
technological changes;
the timely development and acceptance of our new products and
services and the perceived overall value of these products and services
by users;
acquisitions, including the ability to integrate acquired businesses
successfully, and divestitures, including the ability to sell non-core
assets;
the adverse resolution of litigation, regulatory proceedings and other contingencies; and
other unforeseen or unexpected events and our success at managing these and the risks involved in the foregoing.
We caution you that the foregoing list of important factors is not
exclusive. When evaluating forward-looking statements, you should
carefully consider the foregoing factors and other uncertainties and
events, including the information set forth in “Risk factors” in I –
Information on the company in our Annual Report 2016.
