Institution

Credit Suisse

1856–2023 · 19th century · Also known as Schweizerische Kreditanstalt

Credit Suisse was a Swiss bank founded in Zurich in 1856 by Alfred Escher, originally to finance railway building, and for long one of the country's two largest banks. After a series of losses and scandals, a loss of confidence in March 2023 led the Swiss authorities to arrange its emergency takeover by UBS, ending its existence as an independent bank.

Credit Suisse
Image: Roland zh · CC BY-SA 3.0 · Wikimedia Commons

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Swiss ConfederationDecline

See also

Cite this entry
APA
The Epoch Institute. (2026). Credit Suisse. In The Epoch Institute Encyclopedia. https://the-epoch-institute.org/encyclopedia/credit-suisse
MLA
“Credit Suisse.” The Epoch Institute Encyclopedia, The Epoch Institute, 2026, https://the-epoch-institute.org/encyclopedia/credit-suisse. Accessed .
Chicago
The Epoch Institute. “Credit Suisse.” The Epoch Institute Encyclopedia. 2026. https://the-epoch-institute.org/encyclopedia/credit-suisse.
Harvard
The Epoch Institute (2026) ‘Credit Suisse’, The Epoch Institute Encyclopedia. Available at: https://the-epoch-institute.org/encyclopedia/credit-suisse (Accessed: ).

Last reviewed October 2026Random entry ↻