Since Friday, a UBS sign adorns the front of Paradeplatz 8, Credit Suisse's former headquarters in Zurich.
Keystone-SDA
Select your language
Generated with artificial intelligence.
Listening: UBS takes over Credit Suisse’s former Zurich HQ
The name and logo of the former Credit Suisse headquarters at Paradeplatz 8 in Zurich were officially replaced by those of UBS on Friday. The re-branding of the building is a step towards the creation a new UBS Campus Paradeplatz in the district.
The iconic building at Paradeplatz 8 in Zurich, from which the fortunes of Schweizerische Kreditanstalt and later Credit Suisse were controlled, has existed since 1876. It is best known in recent times as one of the key focal point’s of Switzerland’s financial centre and the headquarters of Credit Suisse, before it was rescued by UBS in 2023.
Since Friday, however, a UBS sign now adorns the front of the building.
The former Bankverein building at Paradeplatz 6, diagonally opposite, is currently being renovated and is due to re-open at the beginning of 2027. It will then house the bank’s international wealth management department. The first floor and first basement level will also be open to the public and will house catering and retail outlets.
External Content
“UBS Campus Paradeplatz”
The old Credit Suisse building will also be made more attractive to the public with additional retail space and restaurants on the first floor. But it will remain a bank for Swiss customers.
More
More
Parliamentary inquiry on Credit Suisse collapse blames mismanagement
This content was published on
Credit Suisse’s years of mismanagement were at the root of its downfall in March 2023, the parliamentary commission of inquiry concluded on Friday.
The first teams of bankers will move into Paradeplatz 8 in just a few days. In addition, the branch in the building will be converted this quarter so that clients can be served with both Credit Suisse and UBS products.
Together with Bärengasse and Bärenhof, the two buildings on Paradeplatz will then become part of the so-called “UBS Campus Paradeplatz”. The bank plans to employ a total of 4,000 people there in the future.
Translated from German by DeepL/sb
More
More
Dozens more investors sue over €17bn Credit Suisse debt wipeout
This content was published on
Plaintiffs argue that Swiss government ‘folded’ to UBS demands when the bank rescued its troubled rival.
Train vs plane: would you take a direct train between London and Geneva?
Eurostar is planning to run direct trains from Britain to Germany and Switzerland from the early 2030s. Would you favour the train over the plane? If not, why not?
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.