On August 25, 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 bn of assets under management as well as a mortgage volume of CHF 19.1 bn (as of December 31, 2019).
Homburger advises Credit Suisse on the envisaged merger with Neue Aargauer Bank. The team is led by partners Dieter Gericke (Corporate/M&A – pictured right) and Benjamin Leisinger (Banking and Finance – pictured left). René Bösch (Banking and Finance) acted as Senior Relationship Partner. The team further comprises partners Balz Gross (Employment and Executive Compensation), Dieter Grünblatt (Tax), Luca Dal Molin (IP/ IT) as well as associates Daniel Häusermann, Angela Oppliger and Francesco Bernasconi (all Corporate/M&A), Pierina Janett-Seiler (Banking and Finance), Laetitia Fracheboud (Tax) and Simon Bachmann (Employment and Executive Compensation).
