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Significant subsidiaries and equity method investments | 12 Months Ended
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Dec. 31, 2023
Significant subsidiaries and equity method investments | 39 Significant subsidiaries and equity method investments The presentation of the Bank’s significant subsidiaries has been aligned to UBS. UBS defines its significant subsidiaries as those entities that, either individually or in aggregate, contribute significantly to the Bank’s financial position or results of operations, based on a number of criteria, including the subsidiaries’ equity and contribution to the Bank’s total assets and profit or loss before tax. The Bank issued full, unconditional and several guarantees of Credit Suisse (USA), Inc.’s outstanding SEC-registered debt securities, which as of December 31, 2023 consisted of a single outstanding issuance with a balance of USD 742 million maturing in July 2032. Significant subsidiaries
Company name |  | Domicile |  | Currency |  | Nominal capital in million |  | Equity interest in % |
End of 2023
Credit Suisse AG |  |  |  |  |  |  |  |  |
Banco de Investimentos Credit Suisse (Brasil) S.A. |  | São Paulo, Brazil |  | BRL |  | 164.8 |  | 100 |
Bank-now AG |  | Horgen, Switzerland |  | CHF |  | 30.0 |  | 100 |
Credit Suisse (Deutschland) Aktiengesellschaft |  | Frankfurt, Germany |  | EUR |  | 130.0 |  | 100 |
Credit Suisse (Hong Kong) Limited |  | Hong Kong, China |  | HKD |  | 8,192.9 |  | 100 |
Credit Suisse (Italy) S.p.A. |  | Milan, Italy |  | EUR |  | 170.0 |  | 100 |
Credit Suisse (Luxembourg) S.A. |  | Luxembourg, Luxembourg |  | CHF |  | 230.9 |  | 100 |
Credit Suisse (Schweiz) AG |  | Zurich, Switzerland |  | CHF |  | 100.0 |  | 100 |
Credit Suisse (UK) Limited |  | London, United Kingdom |  | GBP |  | 245.2 |  | 100 |
Credit Suisse (USA), Inc. |  | Wilmington, United States |  | USD |  | 0.0 |  | 100 |
Credit Suisse Bank (Europe), S.A. |  | Spain, Madrid |  | EUR |  | 18.0 |  | 100 |
Credit Suisse Funds AG |  | Zurich, Switzerland |  | CHF |  | 7.0 |  | 100 |
Credit Suisse Securities (Europe) Limited |  | London, United Kingdom |  | USD |  | 9.6 |  | 100 |
Credit Suisse Securities (Japan) Limited |  | Tokyo, Japan |  | JPY |  | 78,100.0 |  | 100 |
Credit Suisse Securities (USA) LLC |  | Wilmington, United States |  | USD |  | 0.0 |  | 100 |
Credit Suisse Services (USA) LLC |  | Wilmington, United States |  | USD |  | 0.0 |  | 100 |
DLJ Mortgage Capital, Inc. |  | Wilmington, United States |  | USD |  | 0.0 |  | 100 |
Lime Residential, Ltd. |  | Nassau, Bahamas |  | USD |  | 0.0 |  | 100 |
Credit Suisse International |  | London, United Kingdom |  | USD |  | 7,267.5 |  | 98 | 1
1 Remaining 2% held directly by UBS Group AG. 98% of voting rights and 98% of equity interest held by Credit Suisse AG.
Significant equity method investments
Company name |  | Domicile |  | Equity interest in % |
End of 2023
Credit Suisse AG |  |  |  |  |
Swisscard AECS GmbH |  | Horgen, Switzerland |  | 50 |
ICBC Credit Suisse Asset Management Co., Ltd. |  | Beijing, China |  | 20 |
SIX Group AG |  | Zurich, Switzerland |  | 18 |

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- Definition The entire disclosure for the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates. It reflects specified information about ownership, financial results from, and financial position in such entities. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.12-14(Column E)(Footnote 6)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480032/946-320-S99-6 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.12-14(Column E)(Footnote 6)(c)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480032/946-320-S99-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.12-14(Column A)(Footnote 1)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480032/946-320-S99-6 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//946-320/tableOfContent + Details
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