Credit Suisse (GLDI) 20-F 10 Mar 22 2021 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2021shares
Entity Information [Line Items]
Document Type	20-F
Document Annual Report	true
Document Period End Date	Dec. 31, 2021
Document Transition Report	false
Document Shell Company Report	false
Document Registration Statement	false
Document Accounting Standard	U.S. GAAP
Entity File Number	001-15244
Entity Registrant Name	Credit Suisse Group AG
Entity Incorporation, State or Country Code	V8
Entity Address, Address Line One	Paradeplatz 8
Entity Address, City or Town	Zurich
Entity Address, Postal Zip Code	8001
Entity Address, Country	CH
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	2,569,684,509
Entity Central Index Key	0001159510
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
ICFR Auditor Attestation Flag	true
Auditor Name	PricewaterhouseCoopers AG
Auditor Location	Zurich, Switzerland
Auditor Firm ID	1358
Business Contact [Member]
Entity Information [Line Items]
Contact Personnel Name	David R. Mathers
Entity Address, Address Line One	Paradeplatz 8
Entity Address, City or Town	Zurich
Entity Address, Postal Zip Code	8001
Entity Address, Country	CH
City Area Code	+41 44
Local Phone Number	333 1111
American Depositary Shares each representing one Share [Member]
Entity Information [Line Items]
Title of 12(b) Security	American Depositary Shares each representing one Share
Trading Symbol	CS
Security Exchange Name	NYSE
Bank
Entity Information [Line Items]
Document Type	20-F
Document Annual Report	true
Document Period End Date	Dec. 31, 2021
Document Transition Report	false
Document Shell Company Report	false
Document Registration Statement	false
Document Accounting Standard	U.S. GAAP
Entity File Number	001-33434
Entity Registrant Name	Credit Suisse AG
Entity Incorporation, State or Country Code	V8
Entity Address, Address Line One	Paradeplatz 8
Entity Address, City or Town	Zurich
Entity Address, Postal Zip Code	8001
Entity Address, Country	CH
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	4,399,680,200
Entity Central Index Key	0001053092
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
ICFR Auditor Attestation Flag	true
Auditor Name	PricewaterhouseCoopers AG
Auditor Location	Zurich, Switzerland
Auditor Firm ID	1358
Bank | Business Contact [Member]
Entity Information [Line Items]
Contact Personnel Name	David R. Mathers
Entity Address, Address Line One	Paradeplatz 8
Entity Address, City or Town	Zurich
Entity Address, Postal Zip Code	8001
Entity Address, Country	CH
City Area Code	+41 44
Local Phone Number	333 1111
Bank | Credit Suisse FI Large Cap Growth Enhanced ETNs due June 13, 2024 [Member]
Entity Information [Line Items]
Title of 12(b) Security	Credit Suisse FI Large Cap Growth Enhanced ETNs due June 13, 2024 Linked to the Russell 1000® Growth Index Total Return
Trading Symbol	FLGE
Security Exchange Name	NYSEArca
Bank | Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2, 2033 [Member]
Entity Information [Line Items]
Title of 12(b) Security	Credit Suisse X-Links® Gold Shares Covered Call ETNs due February 2, 2033
Trading Symbol	GLDI
Security Exchange Name	NASDAQ
Bank | Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21, 2033 [Member]
Entity Information [Line Items]
Title of 12(b) Security	Credit Suisse X-Links® Silver Shares Covered Call ETNs due April 21, 2033
Trading Symbol	SLVO
Security Exchange Name	NASDAQ
Bank | Credit Suisse S&P MLP Index ETNs due December 4, 2034 [Member]
Entity Information [Line Items]
Title of 12(b) Security	Credit Suisse S&P MLP Index ETNs due December 4, 2034 Linked to the S&P MLP Index
Trading Symbol	MLPO
Security Exchange Name	NYSEArca
Bank | Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETNs due July 11, 2036 [Member]
Entity Information [Line Items]
Title of 12(b) Security	Credit Suisse X-Links® Monthly Pay 2xLeveraged Mortgage REIT ETNs due July 11, 2036
Trading Symbol	REML
Security Exchange Name	NYSEArca
Bank | Credit Suisse X-Links Crude Oil Shares Covered Call ETNs due April 24, 2037 [Member]
Entity Information [Line Items]
Title of 12(b) Security	Credit Suisse X-Links® Crude Oil Shares Covered Call ETNs due April 24, 2037
Trading Symbol	USOI
Security Exchange Name	NASDAQ
Bank | Credit Suisse FI Enhanced Europe 50 ETNs due May 11, 2028 [Member]
Entity Information [Line Items]
Title of 12(b) Security	Credit Suisse FI Enhanced Europe 50 ETNs due May 11, 2028 Linked to the STOXX® Europe 50 USD (Gross Return) Index
Trading Symbol	FEUL
Security Exchange Name	NYSEArca

Consolidated statements of oper

Consolidated statements of operations - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Interest and dividend income	SFr 9,658	SFr 11,261	SFr 16,671
Interest expense	(3,847)	(5,313)	(9,654)
Net interest income	5,811	5,948	7,017
Commissions and fees	13,165	11,853	11,158
Trading revenues	2,431	3,295	1,739
Other revenues	1,289	1,293	2,570
Net revenues	22,696	22,389	22,484
Provision for credit losses	4,205	1,096	324
Compensation and benefits	8,963	9,890	10,036
General and administrative expenses	7,159	6,523	6,128
Commission expenses	1,243	1,256	1,276
Goodwill impairment	1,623	0	0
Restructuring expenses	103	157
Total other operating expenses	10,128	7,936	7,404
Total operating expenses	19,091	17,826	17,440
Income/(loss) before taxes	(600)	3,467	4,720
Income tax expense/(benefit)	1,026	801	1,295
Net income/(loss)	(1,626)	2,666	3,425
Net income/(loss) attributable to noncontrolling interests	24	(3)	6
Net income/(loss) attributable to shareholders	SFr (1,650)	SFr 2,669	SFr 3,419
Basic earnings per share (CHF)
Basic earnings/(loss) per share (in CHF per share)	SFr (0.67)	SFr 1.09	SFr 1.35
Diluted earnings per share (CHF)
Diluted earnings/(loss) per share (in CHF per share)	SFr (0.67)	SFr 1.06	SFr 1.32
Bank
Interest and dividend income	SFr 9,593	SFr 11,220	SFr 16,667
Interest expense	(3,668)	(5,260)	(9,618)
Net interest income	5,925	5,960	7,049
Commissions and fees	13,180	11,850	11,071
Trading revenues	2,371	3,178	1,773
Other revenues	1,566	1,515	2,793
Net revenues	23,042	22,503	22,686
Provision for credit losses	4,209	1,092	324
Compensation and benefits	8,011	8,860	9,105
General and administrative expenses	8,581	7,962	7,588
Commission expenses	1,243	1,256	1,276
Goodwill impairment	976	0	0
Restructuring expenses	113	122
Total other operating expenses	10,913	9,340	8,864
Total operating expenses	18,924	18,200	17,969
Income/(loss) before taxes	(91)	3,211	4,393
Income tax expense/(benefit)	938	697	1,298
Net income/(loss)	(1,029)	2,514	3,095
Net income/(loss) attributable to noncontrolling interests	(100)	3	14
Net income/(loss) attributable to shareholders	SFr (929)	SFr 2,511	SFr 3,081

Consolidated statements of comp

Consolidated statements of comprehensive income - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Comprehensive income
Net income/(loss)	SFr (1,626)	SFr 2,666	SFr 3,425
Gains/(losses) on cash flow hedges	(301)	178	100
Foreign currency translation	795	(3,065)	(1,025)
Unrealized gains/(losses) on securities	0	(17)	20
Actuarial gains/(losses)	1,022	(37)	326
Net prior service cost	(91)	(148)	217
Gains/(losses) on liabilities related to credit risk	405	202	(1,860)
Other comprehensive income/(loss), net of tax	1,830	(2,887)	(2,222)
Comprehensive income/(loss)	204	(221)	1,203
Comprehensive income/(loss) attributable to noncontrolling interests	30	(9)	8
Comprehensive income/(loss) attributable to shareholders	174	(212)	1,195
Bank
Comprehensive income
Net income/(loss)	(1,029)	2,514	3,095
Gains/(losses) on cash flow hedges	(300)	177	86
Foreign currency translation	786	(3,014)	(995)
Unrealized gains/(losses) on securities	0	(17)	21
Actuarial gains/(losses)	30	(44)	(24)
Net prior service cost	5	(4)	1
Gains/(losses) on liabilities related to credit risk	387	151	(1,738)
Other comprehensive income/(loss), net of tax	908	(2,751)	(2,649)
Comprehensive income/(loss)	(121)	(237)	446
Comprehensive income/(loss) attributable to noncontrolling interests	(72)	(55)	7
Comprehensive income/(loss) attributable to shareholders	SFr (49)	SFr (182)	SFr 439

Consolidated balance sheets

Consolidated balance sheets - CHF (SFr) SFr in Millions		Dec. 31, 2021	Dec. 31, 2020
Assets
Cash and due from banks	[1]	SFr 164,818	SFr 139,112
of which reported at fair value		308	525
Interest-bearing deposits with banks		1,323	1,298
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions		103,906	92,276
of which reported at fair value		68,623	57,994
Securities received as collateral, at fair value		15,017	50,773
of which encumbered		8,455	27,614
Trading assets, at fair value		111,141	157,338
of which encumbered		30,092	52,468
Total investment securities		1,005	607
of which reported at fair value		1,005	607
of which encumbered		516	0
Other investments		5,826	5,412
of which reported at fair value		4,094	3,794
Net loans		291,686	291,908
of which reported at fair value		10,243	11,408
of which encumbered		42	179
Allowance for credit losses		(1,297)	(1,536)
Goodwill		2,917	4,426
Other intangible assets		276	237
of which reported at fair value		224	180
Brokerage receivables		16,687	35,941
Brokerage receivables, Allowance for credit losses		(4,186)	(1)
Other assets		41,231	39,637
of which reported at fair value		9,184	8,373
of which encumbered		0	167
of which loans held-for-sale reported at lower of cost and market value (amortized cost base)		588	650
Other assets, Allowance for credit losses		(30)	(43)
Total assets		755,833	818,965
Liabilities and equity
Due to banks		18,965	16,423
of which reported at fair value		477	413
Customer deposits		392,819	390,921
of which reported at fair value		3,700	4,343
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions		35,274	36,994
of which reported at fair value		13,213	13,594
Obligation to return securities received as collateral, at fair value		15,017	50,773
Trading liabilities, at fair value		27,535	45,871
Short-term borrowings		19,393	20,868
of which reported at fair value		10,690	10,740
Long-term debt		166,896	161,087
of which reported at fair value		68,722	70,976
Brokerage payables		13,060	21,653
Other liabilities		22,644	31,434
of which reported at fair value		2,592	7,780
Total liabilities		711,603	776,024
Common shares		106	98
Additional paid-in capital		34,938	33,323
Retained earnings		31,064	32,834
Treasury shares, at cost		(828)	(428)
Accumulated other comprehensive income/(loss)		(21,326)	(23,150)
Total shareholders' equity		43,954	42,677
Noncontrolling interests		276	264
Total equity		44,230	42,941
Total liabilities and equity		SFr 755,833	SFr 818,965
Additional share information
Par value (in CHF per share)		SFr 0.04	SFr 0.04
Authorized shares (in shares)	[2]	3,100,747,720	3,100,747,720
Issued shares (in shares)		2,650,747,720	2,447,747,720
Treasury shares (in shares)		81,063,211	41,602,841
Common shares outstanding (in shares)		2,569,684,509	2,406,144,879
Consolidated VIEs
Assets
Cash and due from banks		SFr 108	SFr 90
Trading assets, at fair value		1,822	2,164
Other investments		1,015	1,251
Net loans		1,400	900
Other assets		1,496	1,876
Total assets		5,841	6,281
Liabilities and equity
Customer deposits		0	1
Trading liabilities, at fair value		8	10
Short-term borrowings		4,352	4,178
Long-term debt		1,391	1,746
Other liabilities		231	208
Total liabilities		5,982	6,143
Bank
Assets
Cash and due from banks	[3]	164,026	138,207
of which reported at fair value		308	525
Interest-bearing deposits with banks		1,256	1,230
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions		103,906	92,276
of which reported at fair value		68,623	57,994
Securities received as collateral, at fair value		15,017	50,773
of which encumbered		8,455	27,614
Trading assets, at fair value		111,299	157,511
of which encumbered		30,092	52,468
Total investment securities		1,003	605
of which reported at fair value		1,003	605
Other investments		5,788	5,379
of which reported at fair value		4,093	3,793
Net loans		300,358	300,341
of which reported at fair value		10,243	11,408
of which encumbered		42	179
Allowance for credit losses		(1,296)	(1,535)
Goodwill		2,881	3,755
Other intangible assets		276	237
of which reported at fair value		224	180
Brokerage receivables		16,689	35,943
Brokerage receivables, Allowance for credit losses		(4,186)	(1)
Other assets		36,715	36,574
of which reported at fair value		9,184	8,373
of which encumbered		0	167
of which loans held-for-sale reported at lower of cost and market value (amortized cost base)		588	650
Other assets, Allowance for credit losses		(28)	(41)
Total assets		759,214	822,831
Liabilities and equity
Due to banks		18,960	16,420
of which reported at fair value		477	413
Customer deposits		393,841	392,039
of which reported at fair value		3,700	4,343
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions		35,368	37,087
of which reported at fair value		13,307	13,688
Obligation to return securities received as collateral, at fair value		15,017	50,773
Trading liabilities, at fair value		27,539	45,871
Short-term borrowings		25,336	21,308
of which reported at fair value		10,690	10,740
Long-term debt		160,695	160,279
of which reported at fair value		67,788	70,243
Brokerage payables		13,062	21,655
Other liabilities		21,309	30,340
of which reported at fair value		2,568	7,756
Total liabilities		711,127	775,772
Common shares		4,400	4,400
Additional paid-in capital		47,417	46,232
Retained earnings		14,932	15,871
Accumulated other comprehensive income/(loss)		(19,359)	(20,239)
Total shareholders' equity		47,390	46,264
Noncontrolling interests		697	795
Total equity		48,087	47,059
Total liabilities and equity		SFr 759,214	SFr 822,831
Additional share information
Par value (in CHF per share)	[4]	SFr 1	SFr 1
Issued shares (in shares)	[4]	4,399,680,200	4,399,680,200
Common shares outstanding (in shares)	[4]	4,399,680,200	4,399,680,200
Bank | Consolidated VIEs
Assets
Cash and due from banks		SFr 108	SFr 90
Trading assets, at fair value		1,822	2,164
Other investments		1,015	1,251
Net loans		1,400	900
Other assets		1,482	1,858
Total assets		5,827	6,263
Liabilities and equity
Customer deposits		0	1
Trading liabilities, at fair value		8	10
Short-term borrowings		4,352	4,178
Long-term debt		1,391	1,746
Other liabilities		233	207
Total liabilities		SFr 5,984	SFr 6,142
[1]	Includes restricted cash.
[2]	Includes issued shares and unissued shares (conditional, conversion and authorized capital).
[3]	Includes restricted cash.
[4]	The Bank's total share capital is fully paid and consists of 4,399,680,200 registered shares as of December 31, 2021. Each share is entitled to one vote. The Bank has no warrants on its own shares outstanding.

Consolidated statements of chan

Consolidated statements of changes in equity - CHF (SFr) SFr in Millions		Total		Cumulative Effect, Period of Adoption, Adjustment [Member]	Total shareholders' equity	Total shareholders' equityCumulative Effect, Period of Adoption, Adjustment [Member]	Common shares	Additional paid-in capital	Retained earnings	Retained earningsCumulative Effect, Period of Adoption, Adjustment [Member]	Treasury shares, at cost		Accumulated other comprehensive income	Accumulated other comprehensive incomeCumulative Effect, Period of Adoption, Adjustment [Member]	Noncontrolling interests		Bank		BankCumulative Effect, Period of Adoption, Adjustment [Member]	BankTotal shareholders' equity	BankTotal shareholders' equityCumulative Effect, Period of Adoption, Adjustment [Member]	BankCommon shares	BankAdditional paid-in capital		BankRetained earnings	BankRetained earningsCumulative Effect, Period of Adoption, Adjustment [Member]	BankTreasury shares, at cost		BankAccumulated other comprehensive income	BankAccumulated other comprehensive incomeCumulative Effect, Period of Adoption, Adjustment [Member]	BankNoncontrolling interests
Balance at Dec. 31, 2018		SFr 44,019		SFr 178	SFr 43,922	SFr 178	SFr 102	SFr 34,889	SFr 26,973	SFr 242	SFr (61)		SFr (17,981)	SFr (64)	SFr 97		SFr 45,994		SFr 178	SFr 45,296	SFr 178	SFr 4,400	SFr 45,557		SFr 10,179	SFr 242	SFr 0		SFr (14,840)	SFr (64)	SFr 698
Increase (decrease) in shareholders' equity
Purchase of subsidiary shares from noncontrolling interests, not changing ownership		(103)													(103)		(103)														(103)
Sale of subsidiary shares to noncontrolling interests, not changing ownership		74													74		68														68
Net income/(loss)		3,425			3,419				3,419						6		3,095			3,081					3,081						14
Total other comprehensive income/(loss), net of tax		(2,222)			(2,224)								(2,224)		2		(2,649)			(2,642)									(2,642)		(7)
Sale of treasury shares		9,624			9,624			11			9,613
Repurchase of treasury shares		(11,536)			(11,536)						(11,536)
Share-based compensation, net of tax		834			834			334			500						254			254			254
Financial instruments indexed to own shares		122			122			122
Dividends on share-based compensation, net of tax																	(35)			(35)			(35)
Dividends paid		(696)			(695)												(11)			(10)					(10)
Dividends paid out of reserves from capital contributions								(695)
Cash dividends paid to noncontrolling interest holders															(1)																(1)
Change in scope of consolidation, net		(5)													(5)		(4)														(4)
Other																	(24)			(2)			(2)								(22)
Balance at Dec. 31, 2019		43,714		SFr (132)	43,644	SFr (132)	102	34,661	30,634	SFr (132)	(1,484)		(20,269)		70		46,763		SFr (132)	46,120	SFr (132)	4,400	45,774		13,492	SFr (132)	0		(17,546)		643
Increase (decrease) in shareholders' equity
Purchase of subsidiary shares from noncontrolling interests, not changing ownership		(20)													(20)		(20)														(20)
Sale of subsidiary shares to noncontrolling interests, not changing ownership		19													19		19														19
Net income/(loss)		2,666			2,669				2,669						(3)		2,514			2,511					2,511						3
Total other comprehensive income/(loss), net of tax		(2,887)			(2,881)								(2,881)		(6)		(2,751)			(2,693)									(2,693)		(58)
Cancellation of repurchased shares							(4)	(1,321)			1,325
Sale of treasury shares		12,364			12,364			(35)			12,399
Repurchase of treasury shares		(13,253)			(13,253)						(13,253)
Share-based compensation, net of tax		962			962			377			585						494			494			494
Dividends on share-based compensation, net of tax																	(41)			(41)			(41)
Dividends paid		(716)			(716)				(337)								(10)			(10)			(10)
Dividends paid out of reserves from capital contributions								(379)
Change in scope of consolidation, net		198													198		198														198
Other		26			20			20							6		25			15			15								10
Balance at Dec. 31, 2020		42,941			42,677		98	33,323	32,834		(428)		(23,150)		264		47,059			46,264		4,400	46,232		15,871		0	[1]	(20,239)		795
Increase (decrease) in shareholders' equity
Purchase of subsidiary shares from noncontrolling interests, not changing ownership		(42)	[2],[3]												(42)	[2],[3]	(46)	[4],[5]													(46)	[4],[5]
Sale of subsidiary shares to noncontrolling interests, not changing ownership		27	[3]												27	[3]	27	[5]													27	[5]
Net income/(loss)		(1,626)			(1,650)				(1,650)						24		(1,029)			(929)					(929)						(100)
Total other comprehensive income/(loss), net of tax		1,830			1,824								1,824		6		908			880									880		28
Issuance of common shares		0					8	1,748			(1,756)	[6]
Other activities relating to the issuance of common shares		1,756			1,756						1,756
Sale of treasury shares		20,858			20,858			(22)			20,880
Repurchase of treasury shares		(21,915)			(21,915)						(21,915)
Share-based compensation, net of tax		689			689			54			635						125			125			125
Dividends on share-based compensation, net of tax																	(9)			(9)			(9)
Dividends paid		(257)			(256)				(120)								(11)			(10)					(10)
Dividends paid out of reserves from capital contributions	[7]							(136)
Cash dividends paid to noncontrolling interest holders															(1)																(1)
Change in scope of consolidation, net		(2)													(2)		(3)														(3)
Other		(29)			(29)			(29)									1,066			1,069			1,069	[8]							(3)
Balance at Dec. 31, 2021		SFr 44,230			SFr 43,954		SFr 106	SFr 34,938	SFr 31,064		SFr (828)		SFr (21,326)		SFr 276		SFr 48,087			SFr 47,390		SFr 4,400	SFr 47,417		SFr 14,932		SFr 0	[1]	SFr (19,359)		SFr 697
[1]	Reflects Credit Suisse Group shares which are reported as treasury shares. Those shares are held to economically hedge share award obligations.
[2]	Distributions to owners in funds include the return of original capital invested and any related dividends.
[3]	Transactions with and without ownership changes related to fund activity are all displayed under "not changing ownership".
[4]	Distributions to owners in funds include the return of original capital invested and any related dividends.
[5]	Transactions with and without ownership changes related to fund activity are all displayed under "not changing ownership".
[6]	Reflects the issuance of mandatory convertible notes in May 2021.
[7]	Paid out of capital contribution reserves.
[8]	Includes a capital contribution of CHF 1,080 million from Credit Suisse Group AG to Credit Suisse AG following the issuance of mandatory convertible notes in May 2021 by the Group.

Consolidated statements of ch_2

Consolidated statements of changes in equity (Parenthetical) SFr in Millions	12 Months Ended
	Dec. 31, 2021CHF (SFr)
Bank
Additional paid-in capital increase, capital contribution	SFr 1,080

Consolidated statements of cash

Consolidated statements of cash flows - CHF (SFr) SFr in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Operating activities of continuing operations
Net income/(loss)		SFr (1,626)	SFr 2,666	SFr 3,425
Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities of continuing operations
Impairment, depreciation and amortization		3,041	1,356	1,275
Provision for credit losses		4,205	1,096	324
Deferred tax provision/(benefit)		225	434	589
Share-based compensation		922	1,152	1,066
Valuation adjustments related to long-term debt		1,424	2,364	10,221
Share of net income/(loss) from equity method investments		(182)	(121)	(79)
Trading assets and liabilities, net		27,054	(8,090)	(28,155)
(Increase)/decrease in other assets		14,623	(7,829)	2,903
Increase/(decrease) in other liabilities		(12,537)	819	(6,656)
Other, net		(211)	122	(2,251)
Total adjustments		38,564	(8,697)	(20,763)
Net cash provided by/(used in) operating activities		36,938	(6,031)	(17,338)
Investing activities of continuing operations
(Increase)/decrease in interest-bearing deposits with banks		(7)	(519)	411
(Increase)/decrease in central bank funds sold, securities purchased under resale agreements and securities borrowing transactions		(8,895)	19,289	8,386
Purchase of investment securities		(630)	(402)	(557)
Proceeds from sale of investment securities		0	629	6
Maturities of investment securities		184	184	1,007
Investments in subsidiaries and other investments		(2,049)	(210)	(285)
Proceeds from sale of other investments		616	678	1,158
(Increase)/decrease in loans		(3,710)	(8,029)	(16,377)
Proceeds from sale of loans		5,371	3,860	4,612
Capital expenditures for premises and equipment and other intangible assets		(1,419)	(1,188)	(1,293)
Proceeds from sale of premises and equipment and other intangible assets		3	45	30
Other, net		454	113	543
Net cash provided by/(used in) investing activities		(10,082)	14,450	(2,359)
Financing activities of continuing operations
Increase/(decrease) in due to banks and customer deposits		1,217	24,618	26,149
Increase/(decrease) in short-term borrowings		(337)	(5,246)	6,919
Increase/(decrease) in central bank funds purchased, securities sold under repurchase agreements and securities lending transactions		(2,996)	(1,534)	3,381
Issuances of long-term debt		56,552	58,009	34,963
Repayments of long-term debt		(52,965)	(42,768)	(46,290)
Sale of treasury shares		20,858	12,364	9,624
Repurchase of treasury shares		(21,915)	(13,253)	(11,536)
Dividends paid/capital repayments		(257)	(716)	(696)
Other, net		(204)	7	(378)
Net cash provided by/(used in) financing activities		(47)	31,481	22,136
Effect of exchange rate changes on cash and due from banks
Effect of exchange rate changes on cash and due from banks		(1,103)	(2,667)	(607)
Net increase/(decrease) in cash and due from banks
Net increase/(decrease) in cash and due from banks		25,706	37,233	1,832
Cash and due from banks at beginning of period	[1]	139,112	101,879	100,047
Cash and due from banks at end of period	[1]	164,818	139,112	101,879
Cash paid for income taxes and interest
Cash paid for income taxes		815	757	729
Cash paid for interest		5,703	8,376	13,115
Bank
Operating activities of continuing operations
Net income/(loss)		(1,029)	2,514	3,095
Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities of continuing operations
Impairment, depreciation and amortization		2,227	1,196	1,134
Provision for credit losses		4,209	1,092	324
Deferred tax provision/(benefit)		164	358	616
Share-based compensation		886	1,086	1,022
Valuation adjustments related to long-term debt		1,140	2,706	10,193
Share of net income/(loss) from equity method investments		(181)	(120)	(78)
Trading assets and liabilities, net		27,302	(8,079)	(28,028)
(Increase)/decrease in other assets		16,082	(7,128)	3,057
Increase/(decrease) in other liabilities		(13,453)	407	(6,502)
Other, net		(454)	176	(2,272)
Total adjustments		37,922	(8,306)	(20,534)
Net cash provided by/(used in) operating activities		36,893	(5,792)	(17,439)
Investing activities of continuing operations
(Increase)/decrease in interest-bearing deposits with banks		(6)	(520)	411
(Increase)/decrease in central bank funds sold, securities purchased under resale agreements and securities borrowing transactions		(8,895)	19,289	8,386
Purchase of investment securities		(630)	(402)	(557)
Proceeds from sale of investment securities		0	629	6
Maturities of investment securities		184	184	1,007
Investments in subsidiaries and other investments		(2,049)	(210)	(284)
Proceeds from sale of other investments		615	677	1,133
(Increase)/decrease in loans		(3,935)	(9,252)	(18,354)
Proceeds from sale of loans		5,371	3,860	4,612
Capital expenditures for premises and equipment and other intangible assets		(1,254)	(1,044)	(1,133)
Proceeds from sale of premises and equipment and other intangible assets		3	45	30
Other, net		457	113	537
Net cash provided by/(used in) investing activities		(10,139)	13,369	(4,206)
Financing activities of continuing operations
Increase/(decrease) in due to banks and customer deposits		1,111	24,616	26,057
Increase/(decrease) in short-term borrowings		3,437	(5,290)	6,911
Increase/(decrease) in central bank funds purchased, securities sold under repurchase agreements and securities lending transactions		(2,998)	(1,539)	3,491
Issuances of long-term debt		51,254	57,641	34,911
Repayments of long-term debt		(52,964)	(42,768)	(46,290)
Dividends paid/capital repayments		(11)	(10)	(11)
Other, net		350	(445)	(1,099)
Net cash provided by/(used in) financing activities		179	32,205	23,970
Effect of exchange rate changes on cash and due from banks
Effect of exchange rate changes on cash and due from banks		(1,114)	(2,619)	(595)
Net increase/(decrease) in cash and due from banks
Net increase/(decrease) in cash and due from banks		25,819	37,163	1,730
Cash and due from banks at beginning of period	[2]	138,207	101,044	99,314
Cash and due from banks at end of period	[2]	164,026	138,207	101,044
Cash paid for income taxes and interest
Cash paid for income taxes		797	735	706
Cash paid for interest		SFr 5,518	SFr 8,126	SFr 13,015
[1]	Includes restricted cash.
[2]	Includes restricted cash.

Summary of significant accounti

Summary of significant accounting policies	12 Months Ended
	Dec. 31, 2021
Summary of significant accounting policies	1 Summary of significant accounting policies Overview The accompanying consolidated financial statements of Credit Suisse Group AG (the Group) are prepared in accordance with accounting principles generally accepted in the US (US GAAP) and are stated in Swiss francs (CHF). The financial year for the Group ends on December 31. Certain reclassifications have been made to the prior year’s consolidated financial statements to conform to the current presentation which had no impact on net income/(loss) or total shareholders’ equity. In preparing the consolidated financial statements, management is required to make estimates and assumptions including, but not limited to, the fair value measurements of certain financial assets and liabilities, the allowance for loan losses, the evaluation of variable interest entities (VIEs), the impairment of assets other than loans, recognition of deferred tax assets, tax uncertainties, pension liabilities and various contingencies. These estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the dates of the consolidated balance sheets and the reported amounts of revenues and expenses during the reporting period. While management evaluates its estimates and assumptions on an ongoing basis, actual results could differ materially from management’s estimates. Market conditions may increase the risk and complexity of the judgments applied in these estimates. Revisions of prior period financial statements In connection with ongoing internal control processes, the Group identified accounting issues that were not material individually or in aggregate to the prior period financial statements. As a result of these accounting issues prior periods have been revised in the consolidated financial statements and the related notes. The Group identified accounting issues with respect to the netting treatment relating to the presentation of a limited population of certain securities lending and borrowing activities. As a result, balance sheet and cash flow positions for both assets and liabilities relating to these activities were understated. For the year ended December 31, 2020, “Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions”, “Total assets”, “Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions” as well as “Total liabilities” in the consolidated balances sheets were revised by CHF 13,143 million. For the year ended December 31, 2020, “(Increase)/decrease in central bank funds sold, securities purchased under resale agreements and securities borrowing transactions” and “Net cash provided by/(used in) investing activities” were revised by a credit of CHF 70 million in the consolidated statements of cash flows and “Increase/(decrease) in central bank funds purchased, securities sold under repurchase agreements and securities lending transactions” and “Net cash provided by/(used in) financing activities” were revised by a debit of CHF 70 million. Due to the increase in total assets the Group’s leverage exposure increased by the same amount and reduced the related leverage ratios by 10 basis points. Separately, in the consolidated statements of cash flows share-based compensation expenses, net were previously included in net cash provided by/(used in) financing activities, but are now separately included in net cash provided by/(used in) operating activities. The Group also expanded the elimination of non-cash exchange rate movements related to certain operating, investing and financing activities. In addition, the presentation of certain cash flow hedges were reclassified. In aggregate for these matters for the year ended December 31, 2020, “Net cash provided by/(used in) operating activities” were revised by a debit of CHF 483 million, “Net cash provided by/(used in) investing activities” were revised by a credit of CHF 2,294 million and “Net cash provided by/(used in) financing activities were revised by a debit of CHF 1,811 million. In aggregate for these matters for the year ended December 31, 2019, “Net cash provided by/(used in) operating activities” were revised by a debit of CHF 1,086 million, “Net cash provided by/(used in) investing activities” were revised by a credit of CHF 1,033 million and “Net cash provided by/(used in) financing activities were revised by a credit of CHF 53 million. Principles of consolidation The consolidated financial statements include the financial statements of the Group and its subsidiaries. The Group’s subsidiaries are entities in which it holds, directly or indirectly, more than 50% Where a Group subsidiary is determined to be an investment company as defined by ASC Topic 946 – Financial Services – Investment Companies, interests in other entities held by this Group subsidiary are not consolidated and are carried at fair value. Group entities that qualify as broker-dealer entities as defined by ASC Topic 940 – Financial Services – Brokers and Dealers do not consolidate investments in voting interest entities that would otherwise qualify for consolidation when the investment is held on a temporary basis for trading purposes. In addition, subsidiaries that are strategic components of a broker-dealer’s operations are consolidated regardless of holding intent. Foreign currency translation Transactions denominated in currencies other than the functional currency of the related entity are recorded by remeasuring them in the functional currency of the related entity using the foreign exchange rate on the date of the transaction. As of the dates of the consolidated balance sheets, monetary assets and liabilities are reported using the year-end spot foreign exchange rates. Foreign exchange rate differences are recorded in the consolidated statements of operations. Non-monetary assets and liabilities are recorded using the historic exchange rate. For the purpose of consolidation, the assets and liabilities of Group companies with functional currencies other than the Swiss franc are translated into Swiss franc equivalents using year-end spot foreign exchange rates, whereas revenues and expenses are translated at weighted average foreign exchange rates for the period. Translation adjustments arising from consolidation are included in accumulated other comprehensive income/(loss) (AOCI) within total shareholders’ equity. Cumulative translation adjustments are released from AOCI and recorded in the consolidated statements of operations when the Group loses control of a consolidated foreign subsidiary. Fair value measurement and option The fair value measurement guidance establishes a single authoritative definition of fair value and sets out a framework for measuring fair value. The fair value option creates an alternative measurement treatment for certain financial assets and financial liabilities. The fair value option can be elected at initial recognition of the eligible item or at the date when the Group enters into an agreement which gives rise to an eligible item (e.g., a firm commitment or a written loan commitment). If not elected at initial recognition, the fair value option can be applied to an item upon certain triggering events that give rise to a new basis of accounting for that item. The application of the fair value option to a financial asset or a financial liability does not change its classification on the balance sheet and the election is irrevocable. Changes in fair value resulting from the election are recorded in trading revenues. > Refer to “Fair value option” in Note 36 – Financial instruments for further information. Cash and due from banks Cash and due from banks consists of currency on hand, demand deposits with banks or other financial institutions and cash equivalents. Cash equivalents are defined as short-term, highly liquid instruments with original maturities of three Reverse repurchase and repurchase agreements Purchases of securities under agreements to resell (reverse repurchase agreements) and securities sold under agreements to repurchase (repurchase agreements) do not constitute economic sales; therefore, they are treated as collateralized financing transactions, which are carried in the consolidated balance sheet at the amount of cash disbursed or received, respectively. Reverse repurchase agreements are recorded as collateralized assets while repurchase agreements are recorded as liabilities. The underlying securities sold continue to be recognized in trading assets or investment securities. The fair value of securities to be repurchased and resold is monitored on a daily basis, and additional collateral is obtained as needed to protect against credit exposure. Assets and liabilities recorded under these agreements are accounted for on one of two bases, the accrual basis or the fair value basis. Under the accrual basis, interest earned on reverse repurchase agreements and interest incurred on repurchase agreements are reported in interest and dividend income and interest expense, respectively. The Group elects to apply the fair value option to selected agreements pursuant to ASC Topic 825 – Financial Instruments. Under such circumstances, the change in fair value is reported in trading revenues. Accrued interest income and expense are recorded in the same manner as under the accrual method. Reverse repurchase and repurchase agreements may be netted if they are with the same counterparty, have the same maturity date, settle through the same qualifying clearing institution and are subject to a right of offset allowed by a legally enforceable master netting agreement or a central counterparty’s clearing rules. Securities lending and borrowing transactions Securities borrowed and securities loaned that are cash-collateralized are included in the consolidated balance sheet at amounts equal to the cash advanced or received. If securities received as collateral in a securities lending and borrowing transaction may be sold or repledged, they are recorded as securities received as collateral in the consolidated balance sheet and a corresponding liability to return the security is recorded. Securities lending transactions against non-cash collateral in which the Group has the right to resell or repledge the collateral received are recorded at the fair value of the collateral initially received. For securities lending transactions, the Group receives cash or securities collateral in an amount generally in excess of the market value of securities lent. The Group monitors the fair value of securities borrowed and loaned on a daily basis with additional collateral obtained as necessary. Securities lending and borrowing fees and interest received or paid are recorded in interest and dividend income and interest expense, respectively, on an accrual basis. If the fair value basis of accounting is elected, any resulting change in fair value is reported in trading revenues. Accrued interest income and expense are recorded in the same manner as under the accrual method. Transfers of financial assets Transfers of financial assets may involve the sale of these assets to special purpose entities (SPEs), which in turn issue securities to investors. The Group values its beneficial interests in such SPEs at fair value using quoted market prices, if such positions are traded on an active exchange, or financial models that incorporate observable and unobservable inputs, if such positions are not traded on an active exchange. > Refer to “Note 35 – Transfers of financial assets and variable interest entities” for further information on the Group’s transfer activities. Trading assets and liabilities Trading assets and liabilities include debt securities, marketable equity instruments, derivative instruments, certain loans held in broker-dealer entities, commodities and precious metals. Items included in the trading portfolio are carried at fair value and classified as held for trading purposes based on management’s intent. Regular-way security transactions are recorded on a trade-date basis. Unrealized and realized gains and losses on trading positions are recorded in trading revenues. Derivatives Freestanding derivative contracts are carried at fair value in the consolidated balance sheets regardless of whether these instruments are held for trading or risk management purposes. Commitments to originate mortgage loans that will be held for sale are considered derivatives for accounting purposes. When derivative features embedded in certain contracts that meet the definition of a derivative are not considered clearly and closely related to the host contract, either the embedded feature is accounted for separately at fair value or the entire contract, including the embedded feature, is accounted for at fair value. In both cases, changes in fair value are recorded in the consolidated statements of operations. If separated for measurement purposes, the derivative is recorded in the same line item in the consolidated balance sheets as the host contract. Derivatives classified as trading assets and liabilities include those held for trading purposes and those used for risk management purposes that do not qualify for hedge accounting. Derivatives held for trading purposes arise from proprietary trading activity and from customer-based activity. Realized gains and losses, changes in unrealized gains and losses and interest flows are included in trading revenues. Derivative contracts designated and qualifying as fair value hedges, cash flow hedges or net investment hedges are reported as other assets or other liabilities. The fair value of exchange-traded derivatives is typically derived from observable market prices and/or observable market parameters. Fair values for over-the-counter (OTC) derivatives are determined on the basis of proprietary models using various input parameters. Derivative contracts are recorded on a net basis per counterparty where a right to offset exists under an enforceable master netting agreement or a central counterparty’s clearing rules. Where no such rights exist, fair values are recorded on a gross basis. Where hedge accounting is applied, the Group formally documents all relationships between hedging instruments and hedged items, including the risk management objectives and strategy for undertaking hedge transactions. At inception of a hedge and on an ongoing basis, the hedge relationship is formally assessed to determine whether the derivatives that are used in hedging transactions are highly effective in offsetting changes in fair values or cash flows of hedged items attributable to the hedged risk. The Group discontinues hedge accounting prospectively in the following circumstances: (i) the derivative is no longer effective in offsetting changes in the fair value or cash flows of a hedged item (including forecasted transactions); (ii) the derivative expires or is sold, terminated or exercised; (iii) the derivative is no longer designated as a hedging instrument because it is unlikely that the forecasted transaction will occur; or (iv) the designation of the derivative as a hedging instrument is otherwise no longer appropriate. For derivatives that are designated and qualify as fair value hedges, the carrying values of the underlying hedged items are adjusted to fair value for the risk being hedged. Changes in the fair value of these derivatives are recorded in the same line item of the consolidated statements of operations used to present the changes in the fair value of the hedged item. When the Group discontinues fair value hedge accounting because it determines that the derivative no longer qualifies as an effective hedge, the derivative will continue to be carried in the consolidated balance sheets at its fair value, and the hedged asset or liability will no longer be adjusted for changes in fair value attributable to the hedged risk. Interest-related fair value adjustments made to the underlying hedged items will be amortized to the consolidated statements of operations over the remaining life of the hedged item. Any unamortized interest-related fair value adjustment is recorded in the consolidated statements of operations upon sale or extinguishment of the hedged asset or liability, respectively. Any other fair value hedge adjustments remain part of the carrying amount of the hedged asset or liability and are recognized in the consolidated statements of operations upon disposition of the hedged item as part of the gain or loss on disposition. For hedges of the variability of cash flows from forecasted transactions and floating rate assets or liabilities, the change in the fair value of a designated derivative is recorded in AOCI. These amounts are reclassified into the line item in the consolidated statements of operations in which the hedged item is recorded when the variable cash flow from the hedged item impacts earnings (for example, when periodic settlements on a variable rate asset or liability are recorded in the consolidated statements of operations or when the hedged item is disposed of). When hedge accounting is discontinued on a cash flow hedge, the net gain or loss will remain in AOCI and be reclassified into the consolidated statements of operations in the same period or periods during which the formerly hedged transaction is reported in the consolidated statements of operations. When the Group discontinues hedge accounting because it is probable that a forecasted transaction will not occur within the specified date or period plus two For hedges of a net investment in a foreign operation, the change in the fair value of the hedging derivative is recorded in AOCI. The Group uses the forward method of determining effectiveness for net investment hedges, which results in the time value portion of a foreign currency forward being reported in AOCI. Investment securities Investment securities include debt securities classified as held-to-maturity and debt securities classified as available-for-sale. Regular-way security transactions are recorded on a trade-date basis. Debt securities where the Group has the positive intent and ability to hold such securities to maturity are classified as such and are carried at amortized cost, net of any unamortized premium or discount. Debt securities classified as held-to-maturity require an assessment of the current expected credit loss (CECL) at the reporting date. Debt securities classified as available-for-sale are carried at fair value. Unrealized gains and losses, which represent the difference between fair value and amortized cost, are recorded in AOCI. Amounts reported in AOCI are net of income taxes. Debt securities classified as available-for-sale are impaired if there is a decline in fair value below amortized cost basis. If the Group intends to sell an impaired security or more likely than not will be required to sell such a security before recovering its amortized cost basis, the entire difference between the amortized cost basis and fair value is recognized as a credit loss. However, if the Group does not intend to sell and is not likely to be required to sell, an assessment is made if a decline in fair value of the security is due to credit-related factors or non-credit related factors. Credit-related impairment is recognized in earnings by recording an allowance for credit losses. Any portion of the unrealized loss that relates to non-credit related factors is recognized in AOCI, net of income taxes. Amortization of premiums or discounts for debt securities is recorded in interest and dividend income using the effective yield method through the maturity date of the security. Other investments Other investments include equity method investments, equity securities without a readily determinable fair value, such as hedge funds, private equity securities and certain investments in non-marketable mutual funds for which the Group has neither significant influence nor control over the investee, and real estate held-for-investment. Equity method investments are investments for which the Group has the ability to significantly influence the operating and financial policies. Significant influence is typically characterized by ownership of 20% to 50% of the voting stock or in-substance common stock of a corporation or 3% 5% Equity securities without a readily determinable fair value are carried at fair value, net asset value practical expedient to estimate fair value or at cost less impairment, adjusted for observable price changes (measurement alternative). Memberships in exchanges are reported at cost, less impairment. Equity securities without a readily determinable fair value held by the Group’s subsidiaries that are determined to be investment companies as defined by ASC Topic 946 – Financial Services – Investment Companies are carried at fair value, with changes in fair value recorded in other revenues. Equity method investments and equity securities without a readily determinable fair value held by subsidiaries that are within the scope of ASC Topic 940 – Financial Services – Brokers and Dealers are measured at fair value and reported in trading assets when the intent of the broker-dealer entity is to hold the asset temporarily for trading purposes. Changes in fair value are reported in trading revenues. Equity securities without a readily determinable fair value include investments in entities that regularly calculate net asset value per share or its equivalent, with changes in fair value recorded in other revenue. Real estate held-for-investment purposes is carried at cost less accumulated depreciation and is depreciated over its estimated useful life, generally 40 to 67 years. Land that is classified as real estate held-for-investment purposes is carried at historical cost and is not depreciated. Real estate held-for-investment purposes is tested for impairment annually, or more frequently, if events or changes in circumstances indicate that the carrying amount may not be recoverable. For real estate held-for-investment purposes, the fair values were measured based on either discounted cash flow analyses or external market appraisals. Recognition of an impairment on such assets establishes a new cost base, which is not adjusted for subsequent recoveries in value. Loans Loans held-to-maturity Loans which the Group intends to hold until maturity are carried at outstanding principal balances plus accrued interest, net of the following items: unamortized premiums, discounts on purchased loans, deferred loan origination fees and direct loan origination costs on originated loans. Interest income is accrued on the unpaid principal balance and net deferred premiums/discounts and fees/costs are amortized as an adjustment to the loan yield over the term of the related loans. A loan is classified as non-performing and thus considered credit impaired no later than when the contractual payments of principal and/or interest are more than 90 days past due except for subprime residential loans which are classified as non-performing no later than when the contractual payments of principal and/or interest are more than 120 days past due. The additional 30 days ensure that these loans are not incorrectly assessed as non-performing during the time when servicing of them typically is being transferred. However, management may determine that a loan should be classified as non-performing notwithstanding that contractual payments of principal and/or interest are less than 90 days past due or, in the case of subprime residential loans, 120 days past due. In addition, the Group continues to add accrued interest receivable to the loan’s balance for collection purposes; however, a credit provision is recorded, resulting in no interest income recognition. A loan can be further downgraded to non-interest-earning when the collection of interest is considered so doubtful that further accrual of interest is deemed inappropriate. Generally, non-performing loans and non-interest-earning loans may be restored to performing status only when delinquent principal and interest are brought up to date in accordance with the terms of the loan agreement and when certain performance criteria are met. Interest collected on non-performing loans and non-interest-earning loans is accounted for using the cash basis or the cost recovery method or a combination of both. Amortization of deferred fees and premiums and discounts ceases while a loan is deemed to be non-performing or non-interest-earning. Loans that are modified in a troubled debt restructuring are reported as restructured loans. Generally, a restructured loan would have been considered credit-impaired prior to the restructuring. Loans modified in a troubled debt restructuring are no longer considered credit-impaired in the years following the restructuring if the restructured loan carries an interest rate that is equal to or greater than the rate the Group was willing to accept at the time of the restructuring for a loan with comparable risk and the loan is not credit-impaired based on the terms specified by the restructuring agreement. Loans that have been restructured in a troubled debt restructuring and are performing according to the new terms continue to accrue interest. Loan restructurings may include the receipt of assets in satisfaction of the loan, the modification of loan terms (e.g., reduction of interest rates, extension of maturity dates at a stated interest rate lower than the current market rate for new loans with similar risk, or reduction in principal amounts and/or accrued interest balances) or a combination of both. Potential problem loans are credit-impaired loans where contractual payments have been received according to schedule, but where doubt exists as to the collection of future contractual payments. Potential problem loans continue to accrue interest. > Refer to “Note 19 – Loans” for further information. Credit losses on financial instruments measured at amortized cost The credit loss requirements apply to financial assets measured at amortized cost including loans held-to-maturity, net investments in leases as a lessor as well as off-balance sheet credit exposures, such as irrevocable loan commitments, and credit guarantees. The credit loss requirements are based on a forward-looking, lifetime CECL model by incorporating reasonable and supportable forecasts of future economic conditions available at the reporting date. The CECL amounts are estimated over the contractual term of the financial assets taking into account the effect of prepayments. This requires considerable judgment over how changes in macroeconomic factors as well as changes in forward-looking borrower-specific characteristics will affect the CECL amounts. The Group measures expected credit losses of financial assets on a collective (pool) basis when similar risk characteristics exist. For financial assets that do not share similar risk characteristics, expected credit losses are evaluated on an individual basis. CECL amounts are probability-weighted estimates of potential credit losses based on historical frequency, current trends and conditions as well as forecasted macroeconomic factors, such as gross domestic product, unemployment rates and interest rates. For financial assets that are performing at the reporting date, the allowance for credit losses is generally measured using a probability of default/loss given default approach under which both probability of default (PD), loss given default (LGD) and exposure at default (EAD) are estimated. For financial assets that are credit-impaired at the reporting date, the Group generally applies a discounted cash flow approach to determine the difference between the gross carrying amount and the present value of estimated future cash flows. An allowance for credit losses is deducted from the amortized cost basis of the financial asset. Changes in the allowance for credit losses are recorded in the consolidated statement of operations in provision for credit losses or, if related to provisions on past due interest, in net interest income. For undrawn irrevocable loan commitments, the present value is calculated based on the difference between the contractual cash flows that are due to the Group if the commitment is drawn and the cash flows that the Group expects to receive, in order to estimate the provision for expected credit losses. For credit guarantees, expected credit losses are recognized for the contingency of the credit guarantee. Provisions for off-balance sheet credit exposures are recognized as a provision in other liabilities in the consolidated balance sheets. Write-off of a financial asset occurs when it is considered certain that there is no possibility of recovering the outstanding principal. If the amount of loss on write-off is greater than the accumulated allowance for credit losses, the difference results in an additional credit loss. The additional credit loss is first recognized as an addition to the allowance; the allowance is then applied against the gross carrying amount. Any repossessed collateral is initially measured at fair value. The subsequent measurement depends on the nature of the collateral. Any uncollectible accrued interest receivable is written off by reversing the related interest income. Expected recoveries on financial assets previously written off or assessed/planned to be written off have to be reflected in the allowance for credit losses; for this purpose, the amount of expected recoveries cannot exceed the aggregate amounts previously written off or assessed/planned to be written off. Accordingly, expected recoveries from financial assets previously written off may result in an overall negative allowance for credit loss balance. Prior to January 2020, the allowance for credit losses reflected probable incurred credit losses. > Refer to “Note 20 – Financial instruments measured at amortized cost and credit losses” for further information. Loans held-for-sale Loans which the Group intends to sell in the foreseeable future are considered held-for-sale and are carried at the lower of amortized cost or market value determined on either an individual method basis, or in the aggregate for pools of similar loans if sold or securitized as a pool. Loans held-for-sale are included in other assets. Adjustments to the lower of amortized cost basis or fair value are presented as a valuation allowance and recorded in other revenue. Purchased loans with credit deterioration A purchased loan measured at amortized cost is considered a purchased loan with credit deterioration if it has experienced more-than-insignificant deterioration in credit quality since origination. At the date of acquisition, the allowance for credit is added to the purchase price of the loan to establish the initial amortized cost basis. Any difference between the amortized cost and the unpaid principal amount is recognized in interest income using the effective interest method. After the purchase date, the allowance for credit losses is adjusted for subsequent changes in estimates of current expected credit losses. Loans held at fair value under the fair value option Loans and loan commitments for which the fair value option is elected are reported at fair value with changes in fair value reported in trading revenues. The application of the fair value option does not change the loan’s classification. Loan commitments carried at fair value are recorded in other assets or other liabilities, respectively. Goodwill and other intangible assets Goodwill arises on the acquisition of subsidiaries and equity method investments. It is measured as the excess of the fair value of the consideration transferred, the fair value of any noncontrolling interest in the acquiree and the fair value of any previously held equity interest in the acquired subsidiary, over the net of the acquisition-date fair values of the identifiable assets acquired and the liabilities assumed. Goodwill is not amortized; instead it is tested for impairment annually, or more frequently if events or changes in circumstances indicate that goodwill may be impaired. Goodwill is allocated to the Group’s reporting units for the purposes of the impairment test. Other intangible assets may be acquired individually or as part of a group of assets assumed in a business combination. Other intangible assets include but are not limited to: patents, licenses, copyrights, trademarks, branch networks, mortgage servicing rights, customer base and deposit relationships. Acquired intangible assets ar
Bank
Summary of significant accounting policies	1 Summary of significant accounting policies Overview The accompanying consolidated financial statements of Credit Suisse AG (the Bank), the direct bank subsidiary of Credit Suisse Group AG (the Group), are prepared in accordance with accounting principles generally accepted in the US (US GAAP) and are stated in Swiss francs (CHF). The financial year for the Bank ends on December 31. Certain reclassifications have been made to the prior year’s consolidated financial statements to conform to the current presentation which had no impact on net income/(loss) or total shareholders’ equity. In preparing the consolidated financial statements, management is required to make estimates and assumptions including, but not limited to, the fair value measurements of certain financial assets and liabilities, the allowance for loan losses, the evaluation of variable interest entities (VIEs), the impairment of assets other than loans, recognition of deferred tax assets, tax uncertainties, pension liabilities and various contingencies. These estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the dates of the consolidated balance sheets and the reported amounts of revenues and expenses during the reporting period. While management evaluates its estimates and assumptions on an ongoing basis, actual results could differ materially from management’s estimates. Market conditions may increase the risk and complexity of the judgments applied in these estimates. > Refer to “Note 1 – Summary of significant accounting policies” in VI – Consolidated financial statements – Credit Suisse Group for a summary of significant accounting policies, with the exception of the following accounting policies. Revisions of prior period financial statements In connection with ongoing internal control processes, the Bank identified accounting issues that were not material individually or in aggregate to the prior period financial statements. As a result of these accounting issues prior periods have been revised in the consolidated financial statements and the related notes. The Bank identified accounting issues with respect to the netting treatment relating to the presentation of a limited population of certain securities lending and borrowing activities. As a result, balance sheet and cash flow positions for both assets and liabilities relating to these activities were understated. For the year ended December 31, 2020, “Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions”, “Total assets”, “Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions” as well as “Total liabilities” in the consolidated balances sheets were revised by CHF 13,143 million. For the year ended December 31, 2020, “(Increase)/decrease in central bank funds sold, securities purchased under resale agreements and securities borrowing transactions” and “Net cash provided by/(used in) investing activities” were revised by a credit of CHF 70 million in the consolidated statements of cash flows and “Increase/(decrease) in central bank funds purchased, securities sold under repurchase agreements and securities lending transactions” and “Net cash provided by/(used in) financing activities” were revised by a debit of CHF 70 million. Due to the increase in total assets the Bank’s leverage exposure increased by the same amount and reduced the related leverage ratios by 10 basis points. Separately, in the consolidated statements of cash flows share-based compensation expenses, net were previously included in net cash provided by/(used in) financing activities, but are now separately included in net cash provided by/(used in) operating activities. The Bank also expanded the elimination of non-cash exchange rate movements related to certain operating, investing and financing activities. In addition, the presentation of certain cash flow hedges were reclassified. In aggregate for these matters for the year ended December 31, 2020, “Net cash provided by/(used in) operating activities” were revised by a debit of CHF 371 million, “Net cash provided by/(used in) investing activities” were revised by a credit of CHF 2,273 million and “Net cash provided by/(used in) financing activities were revised by a debit of CHF 1,902 million. In aggregate for these matters for the year ended December 31, 2019, “Net cash provided by/(used in) operating activities” were revised by a debit of CHF 979 million, “Net cash provided by/(used in) investing activities” were revised by a credit of CHF 1,045 million and “Net cash provided by/(used in) financing activities were revised by a debit of CHF 66 million. Pension and other post-retirement benefits Credit Suisse sponsors a Group defined benefit pension plan in Switzerland that covers eligible employees of the Bank domiciled in Switzerland. The Bank also has single-employer defined benefit pension plans and defined contribution pension plans in Switzerland and other countries around the world. For the Bank’s participation in the Group defined benefit pension plan, no retirement benefit obligation is recognized in the consolidated balance sheets of the Bank and defined contribution accounting is applied, as the Bank is not the sponsoring entity of the Group plan. For single-employer defined benefit plans, the Bank uses the projected unit credit actuarial method to determine the present value of its projected benefit obligations (PBO) and the current and past service costs or credits related to its defined benefit and other post-retirement benefit plans. The measurement date used to perform the actuarial valuation is December 31 and is performed by independent qualified actuaries. > Refer to “Pension and other post-retirement benefits” in VI – Consolidated financial statements – Credit Suisse Group – Note 1 – Summary of significant accounting policies for further information. Own shares, own bonds and financial instruments on Group shares The Bank’s shares are wholly owned by Credit Suisse Group AG and are not subject to trading. The Bank may buy and sell Credit Suisse Group AG shares (Group shares) and Group bonds, own bonds and financial instruments on Group shares within its normal trading and market-making activities. In addition, the Bank may hold Group shares to economically hedge commitments arising from employee share-based compensation awards. Group shares are reported as trading assets, unless those shares are held to economically hedge share award obligations. Hedging shares are reported as treasury shares, resulting in a reduction to total shareholder’s equity. Financial instruments on Group shares are recorded as assets or liabilities and carried at fair value. Dividends received on Group shares and unrealized and realized gains and losses on Group shares are recorded according to the classification of the shares as trading assets or treasury shares. Purchases of bonds originally issued by the Bank are recorded as an extinguishment of debt.

Recently issued accounting stan

Recently issued accounting standards	12 Months Ended
	Dec. 31, 2021
Recently issued accounting standards	2 Recently issued accounting standards Recently adopted accounting standards ASC Topic 740 – Income Taxes In December 2019, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2019-12, “Simplifying the Accounting for Income Taxes” (ASU 2019-12), an update to Accounting Standards Codification (ASC) Topic 740 – Income Taxes. The amendments in ASU 2019-12 eliminated certain exceptions related to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period and the accounting for basis differences when there are changes in foreign ownership. In addition, ASU 2019-12 included clarification and simplification of other aspects of the accounting for income taxes. The amendments were effective for annual reporting periods beginning after December 15, 2020 and for the interim periods within those annual reporting periods. Early adoption was permitted, including in an interim period. The adoption of ASU 2019-12 on January 1, 2021 did not have a material impact on the Group’s financial position, results of operations or cash flows. ASC Topic 848 – Reference Rate Reform In March 2020, the FASB issued ASU 2020-04, “Facilitation of the Effects of Reference Rate Reform on Financial Reporting” (ASU 2020-04), creating ASC Topic 848 - Reference Rate Reform. The amendments in ASU 2020-04 provided optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. The amendments were elective and applied to contracts, hedging relationships and other transactions that referenced the London Interbank Offered Rate (LIBOR) or another reference rate expected to be discontinued because of reference rate reform. In January 2021, the FASB issued ASU 2021-01, “Reference Rate Reform, Scope” (ASU 2021-01), which expanded the scope of ASC Topic 848 to apply certain optional expedients for contract modifications and hedge accounting provided in ASU 2020-04 to derivative instruments that use an interest rate for margining, discounting, or contract price alignment that is modified for reference rate reform. The guidance also applied to derivatives that did not reference LIBOR or other reference rates that were expected to be discontinued. The amendments could have been applied as of March 12, 2020 through December 31, 2022. The Group elected to apply ASU 2020-04 and retrospectively to apply ASU 2021-01 during 2020. These elections did not have a material impact on the Group’s financial position, results of operations and cash flows.
Bank
Recently issued accounting standards	2 Recently issued accounting standards > Refer to “Note 2 – Recently issued accounting standards” in VI – Consolidated financial statements – Credit Suisse Group for recently adopted accounting standards and standards to be adopted in future periods. The impact on the Bank’s and Group’s financial position, results of operations or cash flows was or is expected to be identical.

Business developments

Business developments	12 Months Ended
	Dec. 31, 2021
Business developments	3 Business developments, significant shareholders and subsequent events Business developments Asset Management Effective April 1, 2021, the Asset Management business was separated from the International Wealth Management division and managed as a new division of the Group. Prior periods were restated to conform to the current presentation. The segment information reflects the Group’s reportable segments and the Corporate Center effective until December 31, 2021, which were managed and reported on a pretax basis. > Refer to “Note 4 – Segment information” for further information. Credit Suisse strategy and organizational structure On November 4, 2021, Credit Suisse announced that the Board of Directors had unanimously agreed on a long-term strategic direction for the Group and approved the introduction of a global business and regional matrix structure. Effective January 1, 2022, the Group is organized into four divisions – Wealth Management, Investment Bank, Swiss Bank and Asset Management – and four geographic regions – Switzerland, Europe, Middle East and Africa (EMEA), Asia Pacific and Americas. Beginning in the first quarter of 2022, the Group’s financial reporting will be presented as four divisions, together with the Corporate Center. The Wealth Management The Investment Bank The Investment Bank is in the process of exiting its prime services business, with the exception of Index Access and APAC Delta One. The division is also reducing the long-duration structured derivatives book, exiting certain non-core GTS markets without a wealth management nexus and optimizing corporate lending exposures. The Swiss Bank The Asset Management As a consequence of unifying the wealth management and the investment banking businesses into global divisions and emphasizing its quest to further simplify its structure, the Group reintegrated parts of the former Sustainability, Research & Investment Solutions (SRI) function into the global business divisions, namely Investment Solutions & Products (IS&P) into Wealth Management and Securities Research into the Investment Bank. Sustainability remains a core priority of the Group, and Credit Suisse remains committed to its sustainability objectives. Archegos Capital Management The Group incurred significant losses in 2021 in respect of the failure by Archegos Capital Management (Archegos) to meet its margin commitments. Certain Group subsidiaries were notified by the fund that it would be unable to return margin advances previously extended and, following the failure of the fund, the Group exited the fund positions. In the first quarter of 2021, the Group recorded a provision for credit losses of CHF 4,430 million with regard to this matter. In the second quarter of 2021, the Group incurred additional losses of CHF 594 million with regard to this matter, consisting of CHF 493 million of trading losses as a result of market movements during the process of closing out the fund positions, a provision for credit losses of CHF 70 million and operating expenses of CHF 31 million mainly reflecting severance-related costs and professional services fees. In the third quarter of 2021, the Group’s results included a positive impact of CHF 235 million, consisting of net revenues of CHF 23 million, a release of provision for credit losses of CHF 188 million pertaining to an assessment of the future recoverability of receivables and negative operating expenses of CHF 24 million. In the fourth quarter of 2021, the Group’s results included a release of provision for credit losses of CHF 5 million and total operating expenses of CHF 14 million. The aggregate loss attributable to this matter in 2021 was CHF 4,798 million. Supply chain finance funds In early March 2021, the boards of four supply chain finance funds managed by certain Group subsidiaries (collectively, the SCFFs) decided to suspend redemptions and subscriptions of those funds to protect the interests of the funds’ investors, to terminate the SCFFs and to proceed to their liquidation. The last published net asset value (NAV) of the SCFFs in late February 2021 was approximately USD 10 billion in the aggregate. As of January 31, 2022, together with the cash already distributed to investors and cash remaining in the funds, total cash collected in the SCFFs amounts to approximately USD 7.3 billion including the cash position in the funds at the time of suspension. Redemption payments totaling approximately USD 6.7 billion have been made to their investors in six cash distributions. There remains considerable uncertainty regarding the valuation of a significant part of the remaining assets, including the fact that certain of the notes underlying the funds were not paid when they fell due and the portfolio manager has been informed that further notes will not be paid when they fall due in the future. It therefore can be assumed that the investors of the SCFFs will suffer a loss. The amount of loss of the investors is currently unknown. The Group continues to analyze this matter, including with the assistance of external counsel and other experts. The Board initiated an externally led investigation of this matter, supervised by a special committee of the Board. The related report has been completed, the findings have been made available to the Board and the report was shared with FINMA. Given the reputational impact of the SCFF matter on the Group, actions have been taken against a number of employees where the Board deemed it was appropriate. In light of the ongoing recovery process and the legal complexities of the matter, there is no intention by the Board to publish the report. An internal project has been set up to further enhance governance as well as to strengthen risk management processes. The Group continues to assess the potential for recovery on behalf of the investors in the funds, and further analyze new, pending or threatened proceedings. As previously reported, the resolution of the matter, the timing of which is difficult to predict, could cause the Group to incur material losses. With respect to the Group’s outstanding collateralized bridge loan of USD 90 million to Greensill Capital, the Group has marked its fair value to USD 63 million as of December 31, 2021. Credit Suisse Life & Pensions AG In the third quarter of 2021, Credit Suisse Life & Pensions AG was sold to Octium Holdings SA. As a result of the sale, the Group recorded a loss of CHF 42 million, which was reflected in International Wealth Management and Swiss Universal Bank. Related assets and liabilities have been reclassified to held-for-sale until close of this transaction. York Capital Management In the third quarter of 2021, the Group recorded a further impairment of CHF 113 million to the valuation of its non-controlling interest in York Capital Management (York), reflected in net revenues of Asset Management. In the fourth quarter of 2020, York informed its investors of a significant change in strategy resulting in a related impairment of CHF 414 million in 2020. Allfunds Group Credit Suisse holds an equity investment in Allfunds Group following the transfer of the Group’s open architecture investment fund platform Credit Suisse InvestLab to Allfunds Group. On April 23, 2021, Allfunds Group announced a successful initial public offering (IPO) on the Euronext Amsterdam exchange with an initial market capitalization of EUR 7.24 billion on the day of the listing. Net revenues in 2021 pertaining to Allfunds Group included gains of CHF 622 million reflecting share price movements as well as a reduction of the Group’s equity interest from 14.0% 8.6% Mandatory Convertible Notes offering On April 22, 2021, the Group announced that it had placed two series of mandatory convertible notes (MCNs), Series A MCNs and Series B MCNs, to be convertible into 100 million shares and 103 million shares of Credit Suisse Group AG, respectively. The MCNs settled on May 12, 2021. The aggregate principal amount of Series A MCNs issued was CHF 865 million and the aggregate principal amount of Series B MCNs issued was CHF 891 million. The shares of Credit Suisse Group AG underlying the Series A MCNs were issued from Credit Suisse Group AG’s conditional capital. The shares of Credit Suisse Group AG underlying the Series B MCNs were issued from Credit Suisse Group AG’s authorized capital. On November 12, 2021, the Series A MCNs and Series B MCNs were converted, and the shares of Credit Suisse Group AG held by Credit Suisse Group (Guernsey) VII Limited, the issuing entity of the MCNs, were delivered to the holders of MCNs. COVID-19 pandemic The COVID-19 pandemic continued to affect the economic environment throughout 2021. Infection rates ebbed and flowed across the world during the course of 2021, including in countries where Credit Suisse has a significant presence. Vaccination programs during the year continued to reduce significantly the correlation between COVID-19 infection and serious illness, although booster shots were increasingly required to sustain a high level of protection. In addition, in the fourth quarter of 2021 a further challenge arose with the emergence of the Omicron variant, which was more transmissible than previous variants. However, in early 2022 there were signs that the Omicron infection wave was peaking and that governments would relatively soon be able to ease social and economic activity restrictions. We continue to closely monitor the COVID-19 pandemic and its effects on our operations and businesses. Significant shareholders Significant shareholders registered in the share register The following table includes significant shareholders (including nominees) with holdings in Group shares of at least 5% of the voting rights, which were registered in the share register as of December 31, 2021 and 2020, respectively. Significant shareholders registered in the share register 2021 2020 Number Total nominal Share- Number Total nominal Share- Direct shareholders 1 Chase Nominees Ltd. 2 304 12 11.48 323 13 13.21 Nortrust Nominees Ltd. 2 197 8 7.42 184 7 7.53 The Bank of New York Mellon 2 139 6 5.25 – – – 3 1 As registered in the share register of the Group on December 31 of the reporting period; includes shareholders registered as nominees. 2 Nominee holdings exceeding 2% are registered with a right to vote only if the nominee confirms that no individual shareholder holds more than 0.5% of the outstanding share capital or if the nominee discloses the identity of any beneficial owner holding more than 0.5% of the outstanding capital. 3 Participation was lower than the disclosure threshold of 5%. Information received from shareholders not registered in the share register In addition to the shareholdings registered in the share register of the Group, the Group has obtained and reported to the SIX Swiss Exchange information from its shareholders in accordance with the notification requirements of the Swiss Federal Act on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading. These shareholders may hold their shareholdings in Group shares through a nominee. The following shareholder notifications relate to registered voting rights exceeding 5% of all voting rights, which are subject to disclosure in the notes to the financial statements in accordance with the Swiss Code of Obligations. The percentage shareholdings below are presented with two decimal places. In a disclosure notification that the Group published on November 9, 2013, the Group was notified that as of November 4, 2013, Harris Associates L.P. held 81.5 million shares, or 5.17% 4.97% In a disclosure notification that the Group published on November 17, 2021, the Group was notified that as of November 12, 2021, Qatar Holding LLC, a wholly-owned subsidiary of Qatar Investment Authority, held 133.2 million shares, or 5.03% Subsequent events Litigation settlement In March 2022, Credit Suisse International reached a settlement related to a legacy litigation brought by Stadtwerke München GmbH and the parties will shortly apply to the court to have all proceedings against Credit Suisse discontinued. As a result, the Group increased its 2021 litigation provision by CHF 78 million in the Corporate Center and decreased its estimate of the aggregate range of reasonably possible losses not covered by existing provisions from zero to CHF 1.6 billion to zero to CHF 1.5 billion. Russia’s invasion of Ukraine In late February 2022, the Russian government launched a military attack on Ukraine. In response to Russia’s military attack, the US, EU, UK, Switzerland and other countries across the world imposed severe sanctions against Russia’s financial system and on Russian government officials and Russian business leaders. The sanctions included limitations on the ability of Russian banks to access the SWIFT financial messaging service and restrictions on transactions with the Russian central bank. The Russian government has also imposed certain countermeasures, which include restrictions relating to foreign currency accounts and security transactions. These measures followed earlier sanctions that had already been imposed by the US, EU and UK in 2021 in response to alleged Russian activities related to Syria, cybersecurity, electoral interference and other matters. The Group is assessing the impact of the sanctions already imposed, and potential future escalations, on its exposures and client relationships. As of December 31, 2021, the Group had a net credit exposure to Russia of approximately CHF 0.8 billion primarily comprised of corporate and institutional loans, trade finance activities and derivative exposures. In addition, its Russian subsidiaries had a net asset value of approximately CHF 0.2 billion as of December 31, 2021. As of March 7, 2022, the Group had minimal total credit exposures towards specifically sanctioned individuals managed by its Wealth Management division. The Group is currently monitoring settlement risk on certain open transactions with Russian counterparties, and market closures, the imposition of exchange controls, sanctions or other actions may limit our ability to settle existing transactions or realize on collateral, which could result in unexpected increases in exposures. The Group notes that these recent developments may affect its financial performance, including credit loss estimates and potential asset impairments, albeit given the early stage of these developments, it is not yet possible to estimate the size of any reasonably possible losses.
Bank
Business developments	3 Business developments, significant shareholders and subsequent events > Refer to “Note 3 – Business developments, significant shareholders and subsequent events” in VI – Consolidated financial statements – Credit Suisse Group for further information.

Segment information

Segment information	12 Months Ended
	Dec. 31, 2021
Segment information	4 Segment information The Group is a global financial services company domiciled in Switzerland and until December 31, 2021, served its clients through three regionally focused divisions: Swiss Universal Bank, International Wealth Management and Asia Pacific. These regional businesses were supported by our Asset Management and Investment Bank divisions. > Refer to “Note 3 – Business developments, significant shareholders and subsequent events” for further information on the Group’s divisional reorganization effective January 1, 2022. The segment information reflects the Group’s reportable segments and the Corporate Center as of December 31, 2021, which were managed and reported on a pre-tax basis, as follows: ■ Swiss Universal Bank ■ International Wealth Management ■ Asia Pacific ■ Asset Management ■ Investment Bank Corporate Center included parent company operations such as Group financing, expenses for projects sponsored by the Group and certain expenses and revenues that had not been allocated to the segments. In addition, the Corporate Center included consolidation and elimination adjustments required to eliminate intercompany revenues and expenses. Effective August 1, 2020 the Group created a single, globally-integrated Investment Bank division through the combination of its former Global Markets, Investment Banking & Capital Markets and Asia Pacific – Markets businesses to achieve critical scale. The Group also revised its allocations for corporate functions and funding costs to align to this organizational structure. Revenue sharing and cost allocation Responsibility for each product is allocated to a specific segment, which records all related revenues and expenses. Revenue-sharing and service level agreements govern the compensation received by one segment for generating revenue or providing services on behalf of another. These agreements are negotiated periodically by the relevant segments on a product-by-product basis. The aim of revenue-sharing and service level agreements is to reflect the pricing structure of unrelated third-party transactions. Corporate services and business support in finance, operations, human resources, legal, compliance, risk management and IT are provided by corporate functions, and the related costs are allocated to the segments and Corporate Center based on their requirements and other relevant measures. Funding The Group centrally manages its funding activities. New instruments for funding and capital purposes are primarily issued by Credit Suisse Group AG and are passed on to Credit Suisse AG, the direct bank subsidiary of the Group (the Bank). The Bank lends funds to its operating subsidiaries and affiliates on both a senior and subordinated basis, as needed, the latter typically to meet capital requirements, or as desired by management to capitalize on opportunities. Capital is distributed to the segments considering factors such as regulatory capital requirements, utilized economic capital and the historic and future potential return on capital. Transfer pricing, using market rates, is used to record net revenues and expenses in each of the segments for this capital and funding. The Group’s funds transfer pricing system is designed to allocate funding costs to its businesses in a way that incentivizes their efficient use of funding. The Group’s funds transfer pricing system is an essential tool that allocates to the businesses the short-term and long-term costs of funding their balance sheet usages and off-balance sheet contingencies. The funds transfer pricing framework ensures the full funding costs allocation under normal business conditions, but it is of even greater importance in a stressed capital markets environment where raising funds is more challenging and expensive. Under this framework, the Group’s businesses are also credited to the extent they provide long-term stable funding. Net revenues and income/(loss) before taxes in 2021 2020 2019 Net revenues (CHF million) Swiss Universal Bank 5,801 5,615 5,905 International Wealth Management 3,462 3,747 4,181 Asia Pacific 3,242 3,155 3,029 Asset Management 1,456 1,090 1,635 Investment Bank 8,888 9,098 8,161 Corporate Center (153) (316) (427) Net revenues 22,696 22,389 22,484 Income/(loss) before taxes (CHF million) Swiss Universal Bank 2,729 2,104 2,573 International Wealth Management 976 1,091 1,586 Asia Pacific 994 828 922 Asset Management 300 (39) 479 Investment Bank (3,703) 1,655 1,026 Corporate Center (1,896) (2,172) (1,866) Income/(loss) before taxes (600) 3,467 4,720 Total assets end of 2021 2020 Total assets (CHF million) Swiss Universal Bank 263,797 261,465 International Wealth Management 88,715 91,503 Asia Pacific 67,395 67,356 Asset Management 3,393 3,703 Investment Bank 211,802 271,976 Corporate Center 120,731 122,962 Total assets 755,833 818,965 Net revenues and income/(loss) before taxes by geographical location in 2021 2020 2019 Net revenues (CHF million) Switzerland 7,285 7,719 8,434 EMEA 3,524 3,885 1,962 Americas 8,827 7,614 9,103 Asia Pacific 3,060 3,171 2,985 Net revenues 22,696 22,389 22,484 Income/(loss) before taxes (CHF million) Switzerland 257 1,770 2,985 EMEA (4,929) (124) (1,786) Americas 3,781 1,577 3,409 Asia Pacific 291 244 112 Income/(loss) before taxes (600) 3,467 4,720 The designation of net revenues and income/(loss) before taxes is based on the location of the office recording the transactions. This presentation does not reflect the way the Group is managed. Total assets by geographical location end of 2021 2020 Total assets (CHF million) Switzerland 256,261 262,034 EMEA 163,659 159,661 Americas 249,656 300,762 Asia Pacific 86,257 96,508 Total assets 755,833 818,965 The designation of total assets by region is based upon customer domicile.
Bank
Segment information	4 Segment information For the purposes of the presentation of reportable segments, the Bank has included accounts of affiliate entities wholly owned by the same parent which are managed together with the operating segments of the Bank. > Refer to “Note 4 – Segment information” in VI – Consolidated financial statements – Credit Suisse Group for further information. Net revenues and income/(loss) before taxes in 2021 2020 2019 Net revenues (CHF million) Swiss Universal Bank 5,801 5,615 5,905 International Wealth Management 3,462 3,747 4,181 Asia Pacific 3,242 3,155 3,029 Asset Management 1,456 1,090 1,635 Investment Bank 8,888 9,098 8,161 Adjustments 1 193 (202) (225) Net revenues 23,042 22,503 22,686 Income/(loss) before taxes (CHF million) Swiss Universal Bank 2,729 2,104 2,573 International Wealth Management 976 1,091 1,586 Asia Pacific 994 828 922 Asset Management 300 (39) 479 Investment Bank (3,703) 1,655 1,026 Adjustments 1 (1,387) (2,428) (2,193) Income/(loss) before taxes (91) 3,211 4,393 1 Adjustments represent certain consolidating entries and balances, including those relating to items that are managed but are not legally owned by the Bank and vice versa, and certain revenues and expenses that were not allocated to the segments, including such items relating to the Asset Resolution Unit. Total assets end of 2021 2020 Total assets (CHF million) Swiss Universal Bank 263,797 261,465 International Wealth Management 88,715 91,503 Asia Pacific 67,395 67,356 Asset Management 3,393 3,703 Investment Bank 211,802 271,976 Adjustments 1 124,112 126,828 Total assets 759,214 822,831 1 Adjustments represent certain consolidating entries and balances, including those relating to items that are managed but are not legally owned by the Bank and vice versa, and certain revenues and expenses that were not allocated to the segments, including such items relating to the Asset Resolution Unit. Net revenues and income/(loss) before taxes by geographical location in 2021 2020 2019 Net revenues (CHF million) Switzerland 8,382 8,659 9,239 EMEA 2,916 3,162 1,244 Americas 8,896 7,765 9,253 Asia Pacific 2,848 2,917 2,950 Net revenues 23,042 22,503 22,686 Income/(loss) before taxes (CHF million) Switzerland 1,659 2,477 3,259 EMEA (5,554) (847) (2,574) Americas 3,574 1,419 3,348 Asia Pacific 230 162 360 Income/(loss) before taxes (91) 3,211 4,393 The designation of net revenues and income/(loss) before taxes is based on the location of the office recording the transactions. This presentation does not reflect the way the Bank is managed. Total assets by geographical location end of 2021 2020 Total assets (CHF million) Switzerland 259,874 266,095 EMEA 163,539 159,465 Americas 249,680 300,783 Asia Pacific 86,121 96,488 Total assets 759,214 822,831 The designation of total assets by region is based upon customer domicile.

Net interest income

Net interest income	12 Months Ended
	Dec. 31, 2021
Net interest income	5 Net interest income in 2021 2020 2019 Net interest income (CHF million) Loans 5,049 5,733 7,179 Investment securities 1 3 9 Trading assets, net of trading liabilities 1 2,838 3,158 3,827 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 1,172 1,596 2,926 Other 598 771 2,730 Interest and dividend income 9,658 11,261 16,671 Deposits (159) (1,113) (3,055) Short-term borrowings (86) (166) (409) Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions (812) (907) (1,668) Long-term debt (2,518) (2,753) (3,412) Other (272) (374) (1,110) Interest expense (3,847) (5,313) (9,654) Net interest income 5,811 5,948 7,017 1 Interest and dividend income is presented on a net basis to align with the presentation of trading revenues for trading assets and liabilities.
Bank
Net interest income	5 Net interest income in 2021 2020 2019 Net interest income (CHF million) Loans 4,993 5,694 7,173 Investment securities 1 3 9 Trading assets, net of trading liabilities 1 2,839 3,158 3,828 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 1,172 1,596 2,926 Other 588 769 2,731 Interest and dividend income 9,593 11,220 16,667 Deposits (151) (1,107) (3,055) Short-term borrowings 3 (170) (422) Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions (812) (908) (1,669) Long-term debt (2,437) (2,702) (3,361) Other (271) (373) (1,111) Interest expense (3,668) (5,260) (9,618) Net interest income 5,925 5,960 7,049 1 Interest and dividend income is presented on a net basis to align with the presentation of trading revenues for trading assets and liabilities.

Commissions and fees

Commissions and fees	12 Months Ended
	Dec. 31, 2021
Commissions and fees	6 Commissions and fees in 2021 2020 2019 Commissions and fees (CHF million) Lending business 1,877 1,631 1,687 Investment and portfolio management 3,497 3,187 3,438 Other securities business 56 66 63 Fiduciary business 3,553 3,253 3,501 Underwriting 2,493 2,255 1,564 Brokerage 3,069 3,244 2,893 Underwriting and brokerage 5,562 5,499 4,457 Other services 2,173 1,470 1,513 Commissions and fees 13,165 11,853 11,158
Bank
Commissions and fees	6 Commissions and fees in 2021 2020 2019 Commissions and fees (CHF million) Lending business 1,870 1,612 1,663 Investment and portfolio management 3,401 3,087 3,295 Other securities business 59 73 89 Fiduciary business 3,460 3,160 3,384 Underwriting 2,560 2,348 1,602 Brokerage 3,088 3,246 2,900 Underwriting and brokerage 5,648 5,594 4,502 Other services 2,202 1,484 1,522 Commissions and fees 13,180 11,850 11,071

Trading revenues

Trading revenues	12 Months Ended
	Dec. 31, 2021
Trading revenues	7 Trading revenues in 2021 2020 2019 Trading revenues (CHF million) Interest rate products 1,286 (1) 96 Foreign exchange products 1,585 2,473 668 Equity/index-related products 1,390 422 1,071 Credit products (1,826) 192 (513) Commodity and energy products (12) 132 144 Other products 8 77 273 Trading revenues 2,431 3,295 1,739 Represents revenues on a product basis which are not representative of business results within segments, as segment results utilize financial instruments across various product types. Trading revenues include revenues from trading financial assets and liabilities as follows: ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ Trading revenues also include changes in the fair value of financial assets and liabilities elected to fair value under US GAAP. The main components include certain instruments from the following categories: ■ ■ ■ ■ ■ Managing the risks As a result of the Group’s broad involvement in financial products and markets, its trading strategies are correspondingly diverse and exposures are generally spread across a diversified range of risk factors and locations. The Group uses an economic capital limit structure to limit overall risk taking. The level of risk incurred by its divisions is further managed by a variety of factors and specific risk constraints, including consolidated controls over trading exposures. Also, as part of its overall risk management, the Group holds a portfolio of economic hedges. Hedges are impacted by market movements, similar to trading securities, and may result in gains or losses on the hedges which offset losses or gains on the portfolios they were designed to economically hedge. The Group manages its trading risk with regard to both market and credit risk. The Group uses market risk measurement and management methods capable of calculating comparable exposures across its many activities and employs focused tools that can model unique characteristics of certain instruments or portfolios. The principal risk measurement methodology for trading book exposures is value-at-risk. Macroeconomic and specific hedging strategies are in place to manage and mitigate the market and credit risk in the trading book.
Bank
Trading revenues	7 Trading revenues in 2021 2020 2019 Trading revenues (CHF million) Interest rate products 1,257 (91) 67 Foreign exchange products 1,580 2,482 656 Equity/index-related products 1,365 387 1,146 Credit products (1,826) 192 (513) Commodity and energy products (12) 132 144 Other products 7 76 273 Trading revenues 2,371 3,178 1,773 Represents revenues on a product basis which are not representative of business results within segments, as segment results utilize financial instruments across various product types. > Refer to “Note 7 – Trading revenues” in VI – Consolidated financial statements – Credit Suisse Group for further information.

Other revenues

Other revenues	12 Months Ended
	Dec. 31, 2021
Other revenues	8 Other revenues in 2021 2020 2019 Other revenues (CHF million) Noncontrolling interests without SEI 2 0 0 Loans held-for-sale (90) (34) (14) Long-lived assets held-for-sale 232 26 252 Equity method investments 60 (254) 232 Other investments 253 769 1,141 Other 832 786 959 Other revenues 1,289 1,293 2,570
Bank
Other revenues	8 Other revenues in 2021 2020 2019 Other revenues (CHF million) Loans held-for-sale (90) (34) (14) Long-lived assets held-for-sale 232 26 252 Equity method investments 60 (255) 230 Other investments 256 769 1,142 Other 1,108 1,009 1,183 Other revenues 1,566 1,515 2,793 > Refer to “Note 8 – Other revenues” in VI – Consolidated financial statements – Credit Suisse Group for further information.

Provision for credit losses

Provision for credit losses	12 Months Ended
	Dec. 31, 2021
Provision for credit losses	9 Provision for credit losses in 2021 2020 2019 Provision for credit losses (CHF million) Loans held at amortized cost (23) 863 284 Other financial assets held at amortized cost 4,291 1 24 11 Off-balance sheet credit exposures (63) 209 29 Provision for credit losses 4,205 1,096 324 1 Primarily reflects a provision for credit losses of CHF 4,307 million related to Archegos.
Bank
Provision for credit losses	9 Provision for credit losses in 2021 2020 2019 Provision for credit losses (CHF million) Loans held at amortized cost (23) 863 284 Other financial assets held at amortized cost 4,295 1 19 11 Off-balance sheet credit exposures (63) 210 29 Provision for credit losses 4,209 1,092 324 1 Primarily reflects a provision for credit losses of CHF 4,307 million related to Archegos.

Compensation and benefits

Compensation and benefits	12 Months Ended
	Dec. 31, 2021
Compensation and benefits	10 Compensation and benefits in 2021 2020 2019 Compensation and benefits (CHF million) Salaries and variable compensation 7,533 8,401 8,608 Social security 622 653 642 Other 1 808 836 786 Compensation and benefits 8,963 9,890 10,036 1 Includes pension-related expenses of CHF 503 million, CHF 517 million and CHF 437 million in 2021, 2020 and 2019, respectively, relating to service costs for defined benefit pension plans and employer contributions for defined contribution plans.
Bank
Compensation and benefits	10 Compensation and benefits in 2021 2020 2019 Compensation and benefits (CHF million) Salaries and variable compensation 6,730 7,521 7,733 Social security 530 559 554 Other 1 751 780 818 Compensation and benefits 8,011 8,860 9,105 1 Includes pension-related expenses of CHF 497 million, CHF 503 million and CHF 502 million in 2021, 2020 and 2019, respectively, relating to service costs for defined benefit pension plans and employer contributions for defined contribution pension plans.

General and administrative expe

General and administrative expenses	12 Months Ended
	Dec. 31, 2021
General and administrative expenses	11 General and administrative expenses in 2021 2020 2019 General and administrative expenses (CHF million) Occupancy expenses 979 982 1,090 IT, machinery and equipment 1,549 1,428 1,343 Provisions and losses 1,491 1,261 640 Travel and entertainment 149 152 337 Professional services 1,996 1,546 1,712 Communication and market data services 520 512 522 Amortization and impairment of other intangible assets 8 8 10 Other 1 467 634 474 General and administrative expenses 7,159 6,523 6,128 1 Includes pension-related expenses/(credits) of CHF (166) (159) (204)
Bank
General and administrative expenses	11 General and administrative expenses in 2021 2020 2019 General and administrative expenses (CHF million) Occupancy expenses 893 883 990 IT, machinery and equipment 1,218 1,129 1,066 Provisions and losses 1,489 1,253 639 Travel and entertainment 127 134 303 Professional services 3,625 3,025 3,132 Communication and market data services 458 458 465 Amortization and impairment of other intangible assets 8 8 10 Other 1 763 1,072 983 General and administrative expenses 8,581 7,962 7,588 1 Includes pension-related expenses/(credits) of CHF 10 million, CHF 0 and CHF 10 million in 2021, 2020 and 2019, respectively, relating to certain components of net periodic benefit costs for defined benefit plans.

Restructuring expenses

Restructuring expenses	12 Months Ended
	Dec. 31, 2021
Restructuring, Impairment, and Other Activities Disclosure [Text Block]	12 Restructuring expenses Restructuring expenses of CHF 103 million were recognized in 2021. Restructuring expenses may include severance expenses, expenses in connection with the acceleration of certain deferred compensation awards, pension expenses and contract termination costs. On November 4, 2021, Credit Suisse announced its new long-term strategic vision. This led to restructuring expenses of CHF 33 Restructuring expenses by type in 2021 2020 Restructuring expenses by type (CHF million) Compensation and benefits-related expenses 45 107 of which severance expenses 25 69 of which accelerated deferred compensation 20 38 General and administrative-related expenses 58 50 of which pension expenses (11) 38 Total restructuring expenses 103 157 Restructuring liabilities 2021 2020 2019 Compen- General and Compen- General and Compen- General and Restructuring liabilities (CHF million) Balance at beginning of period 50 2 52 – – – 156 190 346 Net additional charges 1 25 37 62 69 6 75 – – – Reclassifications (22) (3) (25) 2 – – – (156) 3 (190) 4 (346) Utilization (34) (36) (70) (19) (4) (23) – – – Balance at end of period 19 0 19 50 2 52 – – – 1 The following items for which expense accretion was accelerated in 2021 and 2020 due to the restructuring of the Group are not included in the restructuring liabilities: unsettled share-based compensation of CHF 13 million and CHF 27 million, respectively, which remain classified as a component of total shareholders' equity; unsettled pension obligations of CHF (11) 2 Reclassified within other liabilities. 3 In 2019, CHF 97 million was transferred to right-of-use assets in accordance with ASU 2016-02 and CHF 59 million to other liabilities. 4 In 2019, CHF 167 million was transferred to right-of-use assets in accordance with ASU 2016-02 and CHF 23 million to other liabilities.
Bank
Restructuring, Impairment, and Other Activities Disclosure [Text Block]	12 Restructuring expenses The Bank completed the one-year restructuring plan announced in July 2020 in connection with the implementation of key strategic growth initiatives at the end of June 2021. Restructuring expenses of CHF 113 million were recognized in 2021. > Refer to “Note 12 – Restructuring expenses” in VI – Consolidated financial statements – Credit Suisse Group for further information. Restructuring expenses by type in 2021 2020 Restructuring expenses by type (CHF million) Compensation and benefits-related expenses 45 102 of which severance expenses 26 66 of which accelerated deferred compensation 19 36 General and administrative-related expenses 68 20 of which pension expenses 4 8 Total restructuring expenses 113 122 Restructuring liabilities 2021 2020 2019 Compen- General and Compen- General and Compen- General and Restructuring liabilities (CHF million) Balance at beginning of period 47 2 49 – – – 152 190 342 Net additional charges 1 26 32 58 66 6 72 – – – Reclassifications (22) (3) (25) 2 – – – (152) 3 (190) 4 (342) Utilization (32) (31) (63) (19) (4) (23) – – – Balance at end of period 19 0 19 47 2 49 – – – 1 The following items for which expense accretion was accelerated in 2021 and 2020 due to the restructuring of the Bank are not included in the restructuring provision: unsettled share-based compensation of CHF 13 million and CHF 25 million, respectively; unsettled pension obligations of CHF 4 million and CHF 8 million, respectively, which remain classified as pension provisions; unsettled cash-based deferred compensation of CHF 7 million and CHF 11 million, respectively, which remain classified as compensation liabilities; and accelerated accumulated depreciation and impairment of CHF 31 million and CHF 6 million, respectively, which remain classified as premises and equipment. The settlement date for the unsettled share-based compensation remains unchanged at three years. 2 Reclassified within other liabilities. 3 In 2019, CHF 97 million was transferred to litigation provisions and CHF 55 million was transferred to other liabilities. 4 In 2019, CHF 167 million was transferred to right-of-use assets in accordance with ASU 2016-02 and CHF 23 million to other liabilities.

Earnings per share

Earnings per share	12 Months Ended
	Dec. 31, 2021
Earnings per share	13 Earnings per share in 2021 2020 2019 Basic net income/(loss) attributable to shareholders (CHF million) Net income/(loss) attributable to shareholders for basic earnings per share (1,650) 2,669 3,419 Available for common shares (1,650) 2,669 3,419 Net income/(loss) attributable to shareholders for diluted earnings per share (1,650) 2,669 3,419 Available for common shares (1,650) 2,669 3,419 Weighted-average shares outstanding (million) For basic earnings per share available for common shares 2,460.5 2,457.0 2,524.2 Dilutive share options and warrants 0.0 1.8 2.7 Dilutive share awards 0.0 67.6 59.9 For diluted earnings per share available for common shares 1 2,460.5 2 2,526.4 2,586.8 Weighted-average shares outstanding for basic/diluted earnings per share available for mandatory convertible notes 106.6 – – Earnings/(loss) per share available for common shares (CHF) Basic earnings/(loss) per share available for common shares (0.67) 1.09 1.35 Diluted earnings/(loss) per share available for common shares (0.67) 1.06 1.32 1 Weighted-average potential common shares relating to instruments that were not dilutive for the respective periods (and therefore not included in the diluted earnings per share calculation above) but could potentially dilute earnings per share in the future were 10.2 million, 6.2 million and 7.9 million for 2021, 2020 and 2019, respectively. 2 Due to the net loss in 2021, 0.7 million of weighted-average share options and warrants outstanding and 76.5 million of weighted-average share awards outstanding were excluded from the diluted earnings per share calculation, as the effect would be antidilutive.

Revenue from contracts with cus

Revenue from contracts with customers	12 Months Ended
	Dec. 31, 2021
Revenue from Contract with Customer [Text Block]	14 Revenue from contracts with customers Revenue is measured based on the consideration specified in a contract with a customer, and excludes any amounts collected on behalf of third parties. Taxes assessed by a governmental authority that are collected by the Group from a customer and both imposed on and concurrent with a specific revenue-producing transaction are excluded from revenue. The Group recognizes revenue when it satisfies a contractual performance obligation. Variable consideration is only included in the transaction price once it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the amount of variable consideration is subsequently resolved. Generally no significant judgement is required with respect to recording variable consideration. If a fee is a fixed percentage of a variable account value at contract inception, recognition of the fee revenue is constrained as the contractual consideration is highly susceptible to change due to factors outside of the Group’s influence. However, at each performance measurement period end (e.g., end-of-day, end-of-month, end-of-quarter), recognition of the cumulative amount of the consideration to which the Group is entitled is no longer constrained because it is calculated based on a known account value and the fee revenue is no longer variable. Nature of services The following is a description of the principal activities from which the Group generates its revenues from contracts with customers. The performance obligations are typically satisfied as the services in the contract are rendered. The contract terms are generally such that they do not result in any contract assets. The contracts generally do not include a significant financing component or obligations for refunds or other similar obligations. Any variable consideration included in the transaction price is only recognized when the uncertainty of the amount is resolved and it is probable that a significant reversal of cumulative revenue recognized will not occur. Credit Suisse’s wealth management businesses provide investment services and solutions for clients, including asset management, investment advisory and investment management, wealth planning, and origination and structuring of sophisticated financing transactions. The Group receives for these services investment advisory and investment management fees which are generally reflected in the line item “Investment and portfolio management” in the table “Contracts with customers and disaggregation of revenues” below. Generally, the fee for the service provided is recognized over the period of time the service is provided. The wealth management businesses also provide comprehensive advisory services and tailored investment and financing solutions to private, corporate and institutional clients. The nature of the services range from investment and wealth management activities, which are services rendered over a period of time according to the contract with the customer, to more transaction-specific services such as brokerage and sales and trading services and the offer of client-tailored financing products. The services are provided as requested by Credit Suisse’s clients, and the fee for the service requested is recognized once the service is provided. The Group’s asset management businesses offer investment solutions and services globally to a broad range of clients, including pension funds, governments, foundations and endowments, corporations and individuals. Fund managers typically enter into a variety of contracts to provide investment management and other services. A fund manager may satisfy its performance obligation independently or may engage a third party to satisfy some or all of a performance obligation on the fund manager’s behalf. Although the fund manager may have engaged a third party to provide inputs to the overall investment management services, the contractual obligation to provide investment management services to a customer remains the primary responsibility of the fund manager. As such, the fund manager is acting as a principal in the transaction. As a fund manager, the Group typically receives base management fees and may additionally receive performance-based management fees which are both recognized as “Investment and portfolio management” revenues in the table “Contracts with customers and disaggregation of revenues” below. Base management fees are generally calculated based on the NAV of the customer’s investment, which can change during the performance period. Performance-based management fees are variable consideration received by the Group depending on the financial performance of the underlying fund. As both the base management fees and performance-based management fees are variable, the Group recognizes the fees once it is probable that a significant reversal of the revenue recognized will not occur and when the uncertainty of the amount is resolved. The estimate of these variable fees is constrained until the end of the performance measurement period. Generally, the uncertainty is resolved at the end of the performance measurement period and therefore no significant judgement is necessary when recording variable consideration. Under a clawback obligation provision, a fund manager may be required to return certain distributions received from a fund if a specific performance threshold, i.e., benchmark, is not achieved at the end of the lifetime of the fund. The contractual clawback obligation is an additional factor of uncertainty which is considered in the constraint assessment. If the performance-based management fee is earned but the clawback provision has not lapsed, the clawback obligation is accounted for as a refund liability. The Group’s capital markets businesses underwrite and sell securities on behalf of customers. Typically, the fees in these businesses are recognized at a single point in time once the transaction is complete, i.e., when the securities have been placed with investors, and recognized as underwriting revenue. All expenses incurred in satisfying the performance obligation are deferred and recognized once the transaction is complete. Generally Credit Suisse and other banks form a syndicate group to underwrite and place the securities for a customer. The Group may act as the lead or a participating member in the syndicate group. Each member of the syndicate group, including the lead and participating underwriters, is acting as principal for their proportionate share of the syndication. As a result, the individual underwriters reflect their proportionate share of underwriting revenue and underwriting costs on a gross basis. The Group also offers brokerage services in its investment banking businesses, including global securities sales, trading and execution, prime brokerage and investment research. For the services provided, such as the execution of client trades in securities or derivatives, the Group typically earns a brokerage commission when the trade is executed. The Group generally acts as an agent when buying or selling exchange-traded cash securities, exchange-traded derivatives or centrally cleared OTC derivatives on behalf of clients. Credit Suisse’s investment banking businesses provide services that include advisory services to clients in connection with corporate finance activities. The term “advisory” includes any type of service the Group provides in an advisory capacity. For these types of services, the Group typically receives a non-refundable retainer fee and/or a success fee which usually represents a percentage of the transaction proceeds if and when the corporate finance activity is completed. Additionally, the contract may contain a milestone fee such as an “announcement fee” that is payable upon the public announcement of the corporate finance activity. Typically the fees in the investment banking business are recognized at a specific point in time once it is determined that the performance obligation related to the transaction has been completed. A contract liability will be recorded if the Group receives a payment such as a retainer fee or announcement fee for an advisory service prior to satisfying the performance obligation. Advisory fees are recognized ratably over time in scenarios where the contracted service of the Group is to act as an advisor over a specified period not related to or dependent on the successful completion of a transaction. Revenues recognized from these services are reflected in the line item “Other Services” in the table below. Contracts with customers and disaggregation of revenues in 2021 2020 2019 Contracts with customers (CHF million) Investment and portfolio management 3,497 3,187 3,438 Other securities business 56 66 63 Underwriting 2,493 2,255 1,564 Brokerage 3,067 3,242 2,891 Other services 2,161 1,475 1,521 Total revenues from contracts with customers 11,274 10,225 9,477 The table above differs from “Note 6 – Commissions and fees” as it includes only those contracts with customers that are in scope of ASC Topic 606 – Revenue from Contracts with Customers. Contract balances end of 2021 2020 Contract balances (CHF million) Contract receivables 865 1,001 Contract liabilities 55 48 Contract balances in 4Q21 3Q21 2Q21 1Q21 Revenue recognized (CHF million) Revenue recognized in the reporting period included in the contract liabilities balance at the beginning of period 9 10 18 8 The Group did not recognize any revenues in the reporting period from performance obligations satisfied in previous periods. There were no material net impairment losses on contract receivables in 2021, 2020 or 2019. The Group did not recognize any contract assets during 2021, 2020 or 2019. Capitalized costs The Group has not incurred costs to obtain a contract nor costs to fulfill a contract that are eligible for capitalization. Remaining performance obligations ASC Topic 606’s practical expedient allows the Group to exclude from its remaining performance obligations disclosure any performance obligations which are part of a contract with an original expected duration of one year or less. Additionally any variable consideration, for which it is probable that a significant reversal in the amount of cumulative revenue recognized will occur when the uncertainty associated with the variable consideration is subsequently resolved, is not subject to the remaining performance obligations disclosure because such variable consideration is not included in the transaction price (e.g., investment management fees). Upon review, the Group determined that no material remaining performance obligations are in scope of the remaining performance obligations disclosure.
Bank
Revenue from Contract with Customer [Text Block]	13 Revenue from contracts with customers > Refer to “Note 14 – Revenue from contracts with customers” in VI – Consolidated financial statements – Credit Suisse Group for further information. Contracts with customers and disaggregation of revenues in 2021 2020 2019 Contracts with customers (CHF million) Investment and portfolio management 3,401 3,087 3,295 Other securities business 61 73 89 Underwriting 2,560 2,348 1,602 Brokerage 3,087 3,243 2,898 Other services 2,244 1,566 1,611 Total revenues from contracts with customers 11,353 10,317 9,495 The table above differs from “Note 6 – Commissions and fees” as it includes only those contracts with customers that are in scope of ASC Topic 606 – Revenue from Contracts with Customers. Contract balances end of 2021 2020 Contract balances (CHF million) Contract receivables 865 993 Contract liabilities 55 48 Contract balances in 4Q21 3Q21 2Q21 1Q21 Revenue recognized (CHF million) Revenue recognized in the reporting period included in the contract liabilities balance at the beginning of period 9 10 18 8 The Bank’s contract terms are generally such that they do not result in any contract assets. There were no material net impairment losses on contract receivables in 2021, 2020 or 2019. The Bank did not recognize any revenues in the reporting period from performance obligations satisfied in previous periods. Capitalized costs The Bank has not incurred costs to obtain a contract nor costs to fulfill a contract that are eligible for capitalization. Remaining performance obligations ASC Topic 606’s practical expedient allows the Bank to exclude from its remaining performance obligations disclosure any performance obligations which are part of a contract with an original expected duration of one year or less. Additionally, any variable consideration, for which it is probable that a significant reversal in the amount of cumulative revenue recognized will occur when the uncertainty associated with the variable consideration is subsequently resolved, is not subject to the remaining performance obligations disclosure because such variable consideration is not included in the transaction price (e.g., investment management fees). Upon review, the Bank determined that no material remaining performance obligations are in scope of the remaining performance obligations disclosure.

Securities borrowed, lent and s

Securities borrowed, lent and subject to repurchase agreements	12 Months Ended
	Dec. 31, 2021
Securities borrowed, lent and subject to repurchase agreements	15 Securities borrowed, lent and subject to repurchase agreements end of 2021 2020 Securities borrowed or purchased under agreements to resell (CHF million) Central bank funds sold and securities purchased under resale agreements 65,017 53,910 Deposits paid for securities borrowed 38,889 38,366 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 103,906 92,276 Securities lent or sold under agreements to repurchase (CHF million) Central bank funds purchased and securities sold under repurchase agreements 19,591 19,736 Deposits received for securities lent 15,683 17,258 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 35,274 36,994 Repurchase and reverse repurchase agreements represent collateralized financing transactions used to earn net interest income, increase liquidity or facilitate trading activity. These instruments are collateralized principally by government securities, money market instruments and corporate bonds and have terms ranging from overnight to a longer or unspecified period of time. In the event of counterparty default, the reverse repurchase agreement or securities lending agreement provides the Group with the right to liquidate the collateral held. In the Group’s normal course of business, a significant portion of the collateral received that may be sold or repledged has been sold or repledged as of December 31, 2021 and 2020.
Bank
Securities borrowed, lent and subject to repurchase agreements	14 Securities borrowed, lent and subject to repurchase agreements end of 2021 2020 Securities borrowed or purchased under agreements to resell (CHF million) Central bank funds sold and securities purchased under resale agreements 65,017 53,910 Deposits paid for securities borrowed 38,889 38,366 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 103,906 92,276 Securities lent or sold under agreements to repurchase (CHF million) Central bank funds purchased and securities sold under repurchase agreements 19,685 19,829 Deposits received for securities lent 15,683 17,258 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 35,368 37,087 > Refer to “Note 15 – Securities borrowed, lent and subject to repurchase agreements” in VI – Consolidated financial statements – Credit Suisse Group for further information.

Trading assets and liabilities

Trading assets and liabilities	12 Months Ended
	Dec. 31, 2021
Trading assets and liabilities	16 Trading assets and liabilities end of 2021 2020 Trading assets (CHF million) Debt securities 54,198 64,395 Equity securities 36,546 63,237 Derivative instruments 1 17,559 25,531 Other 2,838 4,175 Trading assets 111,141 157,338 Trading liabilities (CHF million) Short positions 16,689 28,126 Derivative instruments 1 10,846 17,745 Trading liabilities 27,535 45,871 1 Amounts shown after counterparty and cash collateral netting. end of 2021 2020 Cash collateral on derivatives instruments – netted (CHF million) 1 Cash collateral paid 17,869 26,815 Cash collateral received 12,056 16,795 Cash collateral on derivatives instruments – not netted (CHF million) 2 Cash collateral paid 7,659 7,741 Cash collateral received 5,533 7,831 1 Recorded as cash collateral netting on derivative instruments in Note 28 – Offsetting of financial assets and financial liabilities. 2 Recorded as cash collateral on derivative instruments in Note 23 – Other assets and other liabilities.
Bank
Trading assets and liabilities	15 Trading assets and liabilities end of 2021 2020 Trading assets (CHF million) Debt securities 54,297 64,532 Equity securities 36,606 63,273 Derivative instruments 1 17,559 25,531 Other 2,837 4,175 Trading assets 111,299 157,511 Trading liabilities (CHF million) Short positions 16,693 28,126 Derivative instruments 1 10,846 17,745 Trading liabilities 27,539 45,871 1 Amounts shown after counterparty and cash collateral netting. end of 2021 2020 Cash collateral on derivative instruments – netted (CHF million) 1 Cash collateral paid 17,869 26,885 Cash collateral received 12,056 16,795 Cash collateral on derivative instruments – not netted (CHF million) 2 Cash collateral paid 7,659 7,741 Cash collateral received 5,533 7,831 1 Recorded as cash collateral netting on derivative instruments in Note 27 – Offsetting of financial assets and financial liabilities. 2 Recorded as cash collateral on derivative instruments in Note 22 – Other assets and other liabilities.

Investment securities

Investment securities	12 Months Ended
	Dec. 31, 2021
Investment securities (old to delete)	17 Investment securities end of 2021 2020 Investment securities (CHF million) Debt securities available-for-sale 1,005 607 Total investment securities 1,005 607 Investment securities by type 2021 2020 Gross Gross Gross Gross Investment securities by type (CHF million) Swiss federal, cantonal or local government entities 2 0 0 2 3 0 0 3 Corporate debt securities 1,011 0 8 1,003 593 11 0 604 Debt securities available-for-sale 1,013 0 8 1,005 596 11 0 607 Gross unrealized losses on debt securities and the related fair value Less than 12 months 12 months or more Total Gross Gross Gross 2021 (CHF million) Corporate debt securities 683 8 0 0 683 8 Debt securities available-for-sale 683 8 0 0 683 8 Unrealized losses on debt securities as of December 31, 2021 relate to seven high-quality debt security positions held for liquidity purposes. Management determined that the unrealized losses on these debt securities were attributable to changes in market valuation driven by interest rate movements. No impairment charges were recorded as the Group does not intend to sell these investments nor is it more likely than not that the Group will be required to sell these securities before the recovery of their amortized cost basis, which may be at maturity. Proceeds from sales, realized gains and realized losses from debt securities available-for-sale in 2021 2020 2019 Sales of debt securities available-for-sale (CHF million) Proceeds from sales 0 629 6 Realized gains 0 42 0 Amortized cost, fair value and average yield of debt securities Average 2021 (CHF million, except where indicated) Due within 1 year 154 154 0.03 Due from 1 to 5 years 95 95 0.05 Due from 5 to 10 years 764 756 0.07 Debt securities available-for-sale 1,013 1,005 0.06 Allowance for credit losses on debt securities available-for-sale A credit loss exists if there is a decline in fair value of the security below the amortized cost as a result of the non-collectability of the amounts due in accordance with the contractual terms. An allowance for expected credit losses is recorded in the consolidated statement of operations in provision for credit losses and the non-credit-related losses are recorded in AOCI. Subsequent improvements in the estimated credit losses are immediately recorded in the consolidated statement of operations as a reduction in allowance and credit loss expense. A security is written off if it is considered certain that there is no possibility of recovering the outstanding principal. As of the end of 2021 and 2020, the Group had no allowance for credit losses on debt securities available-for-sale.
Bank
Investment securities (old to delete)	16 Investment securities end of 2021 2020 Investment securities (CHF million) Debt securities available-for-sale 1,003 605 Total investment securities 1,003 605 Investment securities by type 2021 2020 Gross Gross Gross Gross Investment securities by type (CHF million) Swiss federal, cantonal or local government entities 0 0 0 0 1 0 0 1 Corporate debt securities 1,011 0 8 1,003 594 10 0 604 Debt securities available-for-sale 1,011 0 8 1,003 595 10 0 605 Gross unrealized losses on debt securities and related fair value Less than 12 months 12 months or more Total Gross Gross Gross 2021 (CHF million) Corporate debt securities 683 8 0 0 683 8 Debt securities available-for-sale 683 8 0 0 683 8 Proceeds from sales, realized gains and realized losses from debt securities available-for-sale in 2021 2020 Sales of debt securities available-for-sale (CHF million) Proceeds from sales 0 629 Realized gains 0 42 Amortized cost, fair value and average yield of debt securities Average Due within 1 year 154 154 0.03 Due from 1 to 5 years 93 93 0.02 Due from 5 to 10 years 764 756 0.07 Debt securities available-for-sale 1,011 1,003 0.06 Allowance for credit losses on debt securities available-for-sale As of the end of 2021, the Bank had no allowance for credit losses on debt securities available-for-sale. > Refer to “Note 17 – Investment securities” in VI – Consolidated financial statements – Credit Suisse Group for further information.

Other investments

Other investments	12 Months Ended
	Dec. 31, 2021
Other investments	18 Other investments end of 2021 2020 Other investments (CHF million) Equity method investments 1,644 2,631 Equity securities (without a readily determinable fair value) 1 3,317 1,779 of which at net asset value 54 113 of which at measurement alternative 347 359 of which at fair value 2,869 1,278 of which at cost less impairment 47 29 Real estate held-for-investment 2 76 82 Life finance instruments 3 789 920 Total other investments 5,826 5,412 1 Includes private equity, hedge funds and restricted stock investments as well as certain investments in non-marketable mutual funds for which the Group has neither significant influence nor control over the investee. 2 As of the end of 2021 and 2020, real estate held for investment included foreclosed or repossessed real estate of CHF 9 million and CHF 16 million, respectively, of which CHF 6 million and CHF 13 million, respectively, were related to residential real estate. 3 Includes single premium immediate annuity contracts. Accumulated depreciation related to real estate held-for-investment amounted to CHF 32 million, CHF 35 million and CHF 34 million for 2021, 2020 and 2019, respectively. No impairments were recorded on real estate held-for-investments in 2021. An impairment of CHF 1 million was recorded on real estate held-for-investments in 2020. No impairments were recorded on real estate held-for-investments in 2019. Equity securities at measurement alternative in / end of 2021 Cumulative 2020 Impairments and adjustments (CHF million) Impairments and downward adjustments (17) (42) (17) Upward adjustments 1 138 137 > Refer to “Note 36 – Financial instruments” for further information on such investments.
Bank
Other investments	17 Other investments end of 2021 2020 Other investments (CHF million) Equity method investments 1,636 2,624 Equity securities (without a readily determinable fair value) 1 3,315 1,776 of which at net asset value 53 111 of which at measurement alternative 345 357 of which at fair value 2,869 1,278 of which at cost less impairment 48 30 Real estate held-for-investment 2 48 59 Life finance instruments 3 789 920 Total other investments 5,788 5,379 1 Includes private equity, hedge funds and restricted stock investments as well as certain investments in non-marketable mutual funds for which the Bank has neither significant influence nor control over the investee. 2 As of the end of 2021 and 2020, real estate held for investment included foreclosed or repossessed real estate of CHF 9 million and CHF 16 million, respectively, of which CHF 6 million and CHF 13 million, respectively, were related to residential real estate. 3 Includes single premium immediate annuity contracts. Accumulated depreciation related to real estate held-for-investment amounted to CHF 28 million, CHF 31 million and CHF 29 million for 2021, 2020 and 2019, respectively. No impairments were recorded on real estate held-for-investments in 2021. An impairment of CHF 1 million was recorded on real estate held-for-investments in 2020. No impairments were recorded on real estate held-for-investments in 2019. Equity securities at measurement alternative in / end of 2021 Cumulative 2020 Impairments and adjustments (CHF million) Impairments and downward adjustments (17) (42) (17) Upward adjustments 1 138 137 > Refer to “Note 36 – Financial instruments” for further information on such investments and “Note 18– Other investments” in VI – Consolidated financial statements – Credit Suisse Group for further information.

Loans, allowance for loan losse

Loans, allowance for loan losses and credit quality	12 Months Ended
	Dec. 31, 2021
Loans	19 Loans The Group’s loan portfolio is classified into two portfolio segments, consumer loans and corporate & institutional loans. Consumer loans are disaggregated into the classes of mortgages, loans collateralized by securities and consumer finance. Corporate & institutional loans are disaggregated into the classes of real estate, commercial and industrial loans, financial institutions, and governments and public institutions. For financial reporting purposes, the carrying values of loans and related allowance for credit losses are presented in accordance with US GAAP and are not comparable with the regulatory credit risk exposures presented in our disclosures required under Pillar 3 of the Basel framework. Loans end of 2021 2020 Loans (CHF million) Mortgages 1 110,533 109,067 Loans collateralized by securities 1 51,253 51,028 Consumer finance 1 5,075 4,437 Consumer 166,861 164,532 Real estate 28,529 29,045 Commercial and industrial loans 69,129 74,097 Financial institutions 1 25,222 22,487 Governments and public institutions 3,323 3,378 Corporate & institutional 126,203 129,007 Gross loans 293,064 293,539 of which held at amortized cost 282,821 282,131 of which held at fair value 10,243 11,408 Net (unearned income)/deferred expenses (81) (95) Allowance for credit losses (1,297) (1,536) Net loans 291,686 291,908 Gross loans by location Switzerland 167,957 168,589 Foreign 125,107 124,950 Gross loans 293,064 293,539 Impaired loans Non-performing loans 1,666 1,666 Non-interest-earning loans 298 375 Non-accrual loans 1,964 2,041 Restructured loans 367 313 Potential problem loans 436 843 Other impaired loans 803 1,156 Gross impaired loans 2 2,767 3,197 1 Certain consumer loans have been reclassified to corporate & institutional loans following the application of a look-through approach with regard to beneficial owners. The prior period has been reclassified to conform to the current presentation. 2 As of December 31, 2021 and 2020, CHF 130 million and CHF 180 million, respectively, were related to consumer mortgages secured by residential real estate for which formal foreclosure proceedings according to local requirements of the applicable jurisdiction were in process. In accordance with Group policies, impaired loans include non-accrual loans, comprised of non-performing loans and non-interest-earning loans, as well as restructured loans and potential problem loans. > Refer to “Loans” in Note 1 – Summary of significant accounting policies for further information on loans and categories of impaired loans. > Refer to “Note 20 – Financial instruments measured at amortized cost and credit losses” for further information on loans held at amortized cost.
Bank
Loans	18 Loans > Refer to “Note 19 – Loans” in VI – Consolidated financial statements – Credit Suisse Group for further information. Loans end of 2021 2020 Loans (CHF million) Mortgages 1 110,533 109,067 Loans collateralized by securities 1 51,253 51,028 Consumer finance 1 5,075 4,437 Consumer 166,861 164,532 Real estate 28,529 29,045 Commercial and industrial loans 69,756 74,700 Financial institutions 1 33,266 30,316 Governments and public institutions 3,323 3,378 Corporate & institutional 134,874 137,439 Gross loans 301,735 301,971 of which held at amortized cost 291,492 290,563 of which held at fair value 10,243 11,408 Net (unearned income)/deferred expenses (81) (95) Allowance for credit losses (1,296) (1,535) Net loans 300,358 300,341 Gross loans by location Switzerland 175,903 176,312 Foreign 125,832 125,659 Gross loans 301,735 301,971 Impaired loans Non-performing loans 1,666 1,666 Non-interest-earning loans 286 363 Non-accrual loans 1,952 2,029 Restructured loans 367 313 Potential problem loans 436 843 Other impaired loans 803 1,156 Gross impaired loans 2 2,755 3,185 1 Certain consumer loans have been reclassified to corporate & institutional loans following the application of a look-through approach with regard to beneficial owners. The prior period has been reclassified to conform to the current presentation. 2 As of December 31, 2021 and 2020, CHF 130 million and CHF 180 million, respectively, were related to consumer mortgages secured by residential real estate for which formal foreclosure proceedings according to local requirements of the applicable jurisdiction were in process. > Refer to “Loans” in Note 1 – Summary of significant accounting policies in VI – Consolidated financial statements – Credit Suisse Group for further information on categories of impaired loans. > Refer to “Note 19 – Financial instruments measured at amortized cost and credit losses” for further information on loans held at amortized cost.

CECL - Financial instruments me

CECL - Financial instruments measured at amortized cost and credit losses	12 Months Ended
	Dec. 31, 2021
Financial instruments measured at amortized cost and credit losses	20 Financial instruments measured at amortized cost and credit losses This disclosure provides an overview of the Group’s balance sheet positions that include financial assets carried at amortized cost that are subject to the CECL accounting guidance. It includes the following sections: ■ ■ ■ ■ ■ ■ ■ As of December 31, 2021, the Group had no purchased financial assets with more than insignificant credit deterioration since origination. > Refer to “Note 1 – Summary of significant accounting policies” for further information on the accounting of financial assets and off-balance sheet credit exposure subject to the CECL accounting guidance. Overview of financial instruments measured at amortized cost – by balance sheet position 2021 2020 1 Allowance Net 1 Allowance Net CHF million Cash and due from banks 164,510 0 164,510 138,593 (6) 138,587 Interest-bearing deposits with banks 1,323 2 0 1,323 1,303 4 (5) 1,298 Securities purchased under resale agreements and securities borrowing transactions 35,283 2 0 35,283 34,282 0 34,282 Loans 282,740 2,3 (1,297) 281,443 282,036 4,5 (1,536) 280,500 Brokerage receivables 20,873 2 (4,186) 16,687 35,942 4 (1) 35,941 Other assets 14,175 (30) 14,145 15,394 (43) 15,351 Total 518,904 (5,513) 513,391 507,550 (1,591) 505,959 1 Net of unearned income/deferred expenses, as applicable. 2 Excludes accrued interest in the total amount of CHF 301 million, with no related allowance for credit losses. Of the accrued interest balance, CHF 1 million relates to interest-bearing deposits with banks, CHF 1 million to securities purchased under resale agreements and securities borrowing transactions, CHF 295 million to loans and CHF 4 million to brokerage receivables. These accrued interest balances are reported in other assets. 3 Includes endangered interest of CHF 86 million on non-accrual loans which are reported as part of the loans' amortized cost balance. 4 Excludes accrued interest in the total amount of CHF 351 million, with no related allowance for credit losses. Of the accrued interest balance, CHF 1 million relates to interest-bearing deposits with banks, CHF 334 million to loans and CHF 16 million to brokerage receivables. These accrued interest balances are reported in other assets. 5 Includes endangered interest of CHF 88 million on non-accrual loans which are reported as part of the loans' amortized cost balance. Allowance for credit losses Estimating expected credit losses – overview The following key elements and processes of estimating expected credit losses apply to the Group’s major classes of financial assets held at amortized cost. Expected credit losses on non-impaired credit exposures Expected credit loss models for non-impaired credit exposures have three main inputs: (i) probability of default (PD), (ii) loss given default (LGD) and (iii) exposure at default (EAD). These parameters are derived from internally developed statistical models which are based on historical data and leverage regulatory models under the advanced internal rating-based approach. Expected credit loss models use forward-looking information to derive point-in-time estimates of forward-looking term structures. PD estimates are based on statistical rating models and tailored to various categories of counterparties and exposures. These statistical rating models are based on internally and externally compiled data comprising both quantitative and qualitative factors. A migration of a counterparty or exposure between rating classes generally leads to a change in the estimate of the associated PD. Lifetime PDs are estimated considering the expected macroeconomic environment and the contractual maturities of exposures, adjusted for estimated prepayment rates where applicable. LGD estimates the size of the expected loss that may arise on a credit exposure in the event of a default. The Group estimates LGD based on the history of recovery rates of claims against defaulted counterparties, considering, as appropriate, factors such as differences in product structure, collateral type, seniority of the claim, counterparty industry and recovery costs of any collateral that is integral to the financial asset. Certain LGD values are also calibrated to reflect the expected macroeconomic environment. EAD represents the expected amount of credit exposure in the event of a default. It reflects the current drawn exposure with a counterparty and an expectation regarding the future evolution of the credit exposure under the contract or facility, including amortization and prepayments. The EAD of a financial asset is the gross carrying amount at default, which is modeled based on historical data by applying a term structure and considering portfolio-specific factors such as the drawn amount as of the reporting date, the facility limit, amortization schedules, financial collateral and product type. For certain financial assets, the Group determines EAD by modeling the range of possible exposure outcomes at various points in time using scenario and statistical techniques. Where a relationship to macroeconomic indicators is statistically sound and in line with economic expectations, the parameters are modeled accordingly, incorporating the Group’s forward-looking forecasts and applying regional segmentations where appropriate. The Group’s macroeconomic and market variable forecasts for the CECL scenarios cover a five-year time horizon. For periods beyond that reasonable and supportable forecast period, the Group immediately reverts to average economic environment variables as model input factors. Alternative qualitative estimation approaches are used for certain products. For lombard loans (including share-backed loans), the PD/LGD approach used does not consider the Group’s forward-looking forecasts as these are not meaningful for the estimate of expected credit losses in light of the short time-frame considered for closing out positions under daily margining arrangements. For international private residential mortgages and securitizations, the Group applies qualitative approaches where credit specialists follow a structured process and use their expertise and judgment to determine the amounts of expected credit losses. The Group measures expected credit losses considering the risk of default over the maximum contractual period (including any borrower’s extension options) during which it is exposed to credit risk, even if the Group considers a longer period for risk management purposes. The maximum contractual period extends to the date at which the Group has the right to require repayment of an advance or terminate an irrevocable loan commitment or a credit guarantee. Expected credit losses on impaired credit exposures Expected credit losses for individually impaired credit exposures are measured by performing an in-depth review and analysis of these exposures, considering factors such as recovery and exit options as well as collateral and the risk profile of the borrower. The individual measurement of expected credit losses for impaired financial assets also considers reasonable and supportable forward-looking information that is relevant to the individual counterparty (idiosyncratic information) and reflective of the macroeconomic environment that the borrower is exposed to, apart from any historical loss information and current conditions. If there are different scenarios relevant for the individual expected credit loss measurement, they are considered on a probability-weighted basis. The related allowance for credit losses is revalued by the recovery management function, at least annually or more frequently, depending on the risk profile of the borrower or credit-relevant events. For credit-impaired financial assets, the expected credit loss is measured using (i) the present value of estimated future cash flows discounted at the contractual interest rate of the loan and (ii) the fair market value of collateral where the loan is collateral-dependent. The impaired credit exposures and related allowance are revalued to reflect the passage of time. For all classes of financial assets, the trigger to detect an impaired credit exposure is non-payment of interest, principal amounts or other contractual payment obligations, or when, for example, the Group may become aware of specific adverse information relating to a counterparty’s ability to meet its contractual obligations, despite the current repayment status of its particular credit facility. For credit exposures where repayment is dependent on collateral, a decrease in collateral values can be an additional trigger to detect an impairment. Additional procedures may apply to specific classes of financial assets as described further below. Troubled debt restructurings, also referred to as restructured loans, are considered impaired credit exposures in line with the Group’s policies and subject to individual assessment and provisioning for expected credit losses by the Group’s recovery functions. Restructured loans that defaulted again within 12 months from the last restructuring remain impaired or are impaired if they were considered non-impaired at the time of the subsequent default. Macroeconomic scenarios The estimation and application of forward-looking information requires quantitative analysis and significant expert judgment. The Group’s estimation of expected credit losses is based on a discounted probability-weighted estimate that considers three future macroeconomic scenarios: a baseline scenario, an upside scenario and a downside scenario. The baseline scenario represents the most likely outcome. The two other scenarios represent more optimistic and more pessimistic outcomes, with the downside scenario being more severe than the upside scenario. The scenarios are probability-weighted according to the Group’s best estimate of their relative likelihood based on historical frequency, an assessment of the current business and credit cycles as well as the macroeconomic factor trends. The scenario design team within the Group’s Enterprise Risk Management (ERM) function determines the macroeconomic factors (MEFs) and market projections that are relevant for the Group’s three scenarios across the overall credit portfolio subject to the CECL accounting guidance. The scenario design team formulates the baseline scenario projections used for the calculation of expected credit losses from the Group’s global chief investment office in-house economic research forecasts and, where deemed appropriate, from external sources such as the Bloomberg consensus of economist forecasts (covering the views of other investment banks and external economic consultancies), forecasts from nonpartisan think tanks, major central banks and multilateral institutions, such as the International Monetary Fund (IMF), the Organisation for Economic Co-operation and Development (OECD) and the World Bank. For factors where no in-house or credible external forecasts are available, an internal model is used to calibrate the baseline scenario projections. The downside and upside scenarios are derived from these baseline scenario projections. These three scenario projections are subject to a review and challenge process and any feedback from this process is incorporated into the scenario projections by the ERM scenario design team. The CECL scenario design working group is the governance forum. The working group performs an additional review and challenge and subsequently recommends approval of the MEFs and related market projections as well as the occurrence probability weights that are allocated to the baseline, downside and upside scenarios. MEFs and related market projections as well as the scenario occurrence probability weights used for the calculation of expected credit losses are approved by the Senior Management Approval Committee. Current-period estimate of expected credit losses on non-impaired credit exposures The key MEFs used in each of the macroeconomic scenarios for the calculation of the expected credit losses include, but are not limited to, GDP and industrial production. These MEFs have been selected based on the portfolios that are most material to the estimation of expected credit losses on non-impaired credit exposures from a longer-term perspective. The table “Selected macroeconomic factors” includes the Group’s forecast of selected MEFs for the first and second year following the reporting period. As of December 31, 2021, the forecast macroeconomic scenarios were weighted 50% 40% 10% Selected macroeconomic factors 2021 2020 Forecast Forecast Forecast Forecast Swiss real GDP growth rate (%) Downside (0.4) 0.3 0.1 0.8 Baseline 2.5 1.9 3.6 2.8 Upside 4.3 2.8 5.4 4.5 Eurozone real GDP growth rate (%) Downside (0.7) 1.4 0.3 2.8 Baseline 3.8 2.3 4.6 3.2 Upside 4.2 2.7 7.8 3.9 US real GDP growth rate (%) Downside 0.1 1.4 0.5 2.0 Baseline 3.8 1.9 3.6 4.1 Upside 4.5 2.4 5.2 5.1 UK real GDP growth rate (%) Downside (0.9) 1.0 1.5 2.2 Baseline 5.0 3.3 6.4 4.0 Upside 7.8 3.9 10.9 5.7 World industrial production (%) Downside 0.0 2.0 2.4 2.9 Baseline 3.0 3.0 5.5 4.3 Upside 4.4 3.7 8.6 5.9 Forecasts represent the rolling 4-quarter average estimate of the respective macroeconomic factor as determined at the end of each reporting period. For events which cannot be adequately reflected in CECL models due to a lack of historical experience the event may be embedded in the baseline scenario. In order to address circumstances where in management’s judgment the CECL model outputs are overly sensitive to the effect of economic inputs that lie outside of their historical range, model overlays are applied. Such overlays are based on expert judgment and are applied in response to these circumstances to consider historical stressed losses and industry and counterparty credit level reviews. Overlays are also used to capture judgment on the economic uncertainty from global or regional developments or governmental actions with severe impacts on economies, such as the lockdowns and other actions directed towards managing the pandemic. As a result of such overlays, provisions for credit losses may not be primarily derived from MEF projections. As of December 31, 2021, the Group has continued its approach of applying qualitative overlays to the CECL model outputs in a manner consistent with December 31, 2020. In the first half of 2021, we observed more favorable developments in the COVID-19 pandemic, including vaccination rate increases as well as a reduction in lockdown measures, which resulted in a generally more positive economic outlook. In the second half of the year, negative market sentiment grew, mainly due to heightened COVID-19 pandemic risks as a result of new variants, continued supply chain disruptions and inflation, a peak in GDP growth in major European countries, the US and China as well as uncertainty with respect to China’s economic outlook. These contrasting views were reflected throughout 2021 within the Group’s overlays, which continue to be closely aligned with the macroeconomic forecasts and associated scenario weightings. Interest income attributable to passage of time For financial assets held at amortized cost for which the Group measures expected credit losses based on the discounted cash flow methodology the entire change in present value is reported in provision for credit losses. Loans held at amortized cost The Group’s loan portfolio is classified into two portfolio segments, consumer loans and corporate & institutional loans. The main risk characteristics are described by individual class of financing receivable for each of these portfolio segments: Consumer loans: ■ ■ ■ Corporate & institutional loans: ■ ■ ■ ■ Expected credit losses on impaired loans In addition to the triggers described further above, loans managed on the Swiss platform are reviewed depending on event-driven developments. All corporate and institutional loans are reviewed at least annually based on the borrower’s financial statements and any indications of difficulties they may experience. Loans that are not impaired, but which are of special concern due to changes in covenants, downgrades, negative financial news and other adverse developments, are either transferred to recovery management or included on a watch list. All loans on the watch list are reviewed at least quarterly to determine whether they should be released, remain on the watch list or be moved to recovery management. For loans in recovery management from the Swiss platform, larger positions are reviewed on a quarterly basis for any event-driven changes. Otherwise, these loans are reviewed at least annually. All loans in recovery management on international platforms are reviewed on at least a monthly basis. Allowance for credit losses – loans held at amortized cost 2021 2020 2019 1 Corporate & Corporate & Corporate & Allowance for credit losses (CHF million) Balance at beginning of period 318 1,218 1,536 241 808 1,049 2 187 715 902 Current-period provision for expected credit losses 78 (53) 25 191 709 900 63 221 284 of which methodology changes 0 (1) (1) 0 (19) (19) – – – of which provisions for interest 3 25 23 48 22 15 37 – – – Gross write-offs (55) (242) (297) (87) (238) (325) (86) (213) (299) Recoveries 9 5 14 8 5 13 9 16 25 Net write-offs (46) (237) (283) (79) (233) (312) (77) (197) (274) Provisions for interest – – – – – – 14 28 42 Foreign currency translation impact and other adjustments, net 7 12 19 (35) (66) (101) (1) (7) (8) Balance at end of period 357 940 1,297 318 1,218 1,536 186 760 946 of which individually evaluated 273 512 785 230 636 866 145 464 609 of which collectively evaluated 84 428 512 88 582 670 41 296 337 1 Measured under the previous accounting guidance (incurred loss model). 2 Includes a net impact of CHF 103 million from the adoption of the new CECL guidance and the related election of the fair value option for certain loans on January 1, 2020, of which CHF 55 million is reflected in consumer loans and CHF 48 million in corporate & institutional loans. 3 Represents the current-period net provision for accrued interest on non-accrual loans and lease financing transactions which is recognized as a reversal of interest income. Gross write-offs of CHF 297 million in 2021 compared to gross write-offs of CHF 325 million in 2020 and were primarily related to corporate & institutional loans in both years. In 2021, gross write-offs in corporate & institutional loans were mainly related to positions in commodity trade finance, ship finance, corporate lending, the sale of a real estate-related loan and a position in the US health care sector. Write-offs in consumer loans were mainly related to consumer finance. In 2020, gross write-offs in corporate & institutional loans were mainly related to the oil and gas, ship finance, lombard lending, small and medium-sized enterprises, health care and commodity trade finance sectors. Write-offs in consumer loans were mainly related to consumer finance and a share-backed loan. Purchases, reclassifications and sales – loans held at amortized cost 2021 2020 2019 Corporate & Corporate & Corporate & CHF million Purchases 1 22 4,361 4,383 45 2,756 2,801 18 2,478 2,496 Reclassifications from loans held-for-sale 2 0 133 133 0 6 6 0 11 11 Reclassifications to loans held-for-sale 3 0 4,780 4,780 18 2,007 2,025 0 3,138 3,138 Sales 3 0 4,442 4,442 18 1,626 1,644 0 3,001 3,001 Reclassifications from loans held-for-sale and reclassifications to loans held-for-sale represent non-cash transactions. 1 Includes drawdowns under purchased loan commitments. 2 Includes loans previously reclassified to held-for-sale that were not sold and were reclassified back to loans held-to-maturity. 3 All loans held at amortized cost which are sold are reclassified to loans held-for-sale on or prior to the date of the sale. Other financial assets The Group’s other financial assets include certain balance sheet positions held at amortized cost, each representing its own portfolio segment. They have the following risk characteristics: ■ ■ ■ ■ Allowance for credit losses – other financial assets held at amortized cost 2021 2020 Allowance for credit losses (CHF million) Balance at beginning of period 55 45 Current-period provision for expected credit losses 4,291 24 Gross write-offs (9) (12) Recoveries 0 2 Net write-offs (9) (10) Foreign currency translation impact and other adjustments, net (121) (4) Balance at end of period 4,216 55 of which individually evaluated 4,202 17 of which collectively evaluated 14 38 The current-period provision for expected credit losses on other financial assets held at amortized cost includes a provision of CHF 4,307 million related to Archegos. As of December 31, 2021, the related allowance for credit losses is reported in brokerage receivables. In 2021, the Group purchased other financial assets held at amortized cost amounting to CHF 196 million, primarily related to mortgage servicing advances. Credit quality information Monitoring of credit quality and internal ratings – Overview The Group monitors the credit quality of financial assets held at amortized cost through its credit risk management framework, which provides for the consistent evaluation, measurement and management of credit risk across the Group. Assessments of credit risk exposures for internal risk estimates and risk-weighted assets are calculated based on PD, LGD and EAD models. > Refer to “Expected credit losses on non-impaired credit exposures” for further information on PD, LGD and EAD. The credit risk management framework incorporates the following core elements: ■ ■ ■ ■ In addition to traditional credit exposure measurement, monitoring and management using current and potential future exposure metrics, Credit Risk performs counterparty and portfolio credit risk assessments of the impact of various internal stress test scenarios. Credit Risk assesses the impact to credit risk exposures arising from market movements in accordance with the scenario narrative, which can further support the identification of concentration or tail risks. The scenario suite includes historical scenarios as well as forward-looking scenarios which are aligned with those used by the Market Risk and Enterprise Risk Management functions. Credit Risk evaluates and assesses counterparties and clients to whom the Group has credit exposures, primarily using internal rating models. Credit Risk uses these models to determine internal credit ratings which are intended to reflect the PD of each counterparty. For a majority of counterparties and clients, internal ratings are based on internally developed statistical models that have been backtested against internal experience and validated by a function independent of model development. Findings from backtesting serve as a key input for any future rating model developments. The Group’s internally developed statistical rating models are based on a combination of quantitative factors (e.g., financial fundamentals, such as balance sheet information for corporates and loan-to-value (LTV) ratio and the borrower’s income level for mortgage lending, and market data) and qualitative factors (e.g., credit histories from credit reporting bureaus and economic trends). For the remaining counterparties where statistical rating models are not used, internal credit ratings are assigned on the basis of a structured expert approach using a variety of inputs, such as peer analyses, industry comparisons, external ratings and research as well as the judgment of senior credit officers. In addition to counterparty ratings, Credit Risk also assesses the risk profile of individual transactions and assigns transaction ratings which reflect specific contractual terms such as seniority, security and collateral. Internal credit ratings may differ from external credit ratings, where available, and are subject to periodic review depending on exposure type, client segment, collateral or event-driven developments. The Group’s internal ratings are mapped to a PD band associated with each rating which is calibrated to historical default experience using internal data and external data sources. The Group’s internal rating bands are reviewed on an annual basis with reference to extended historical default data and are therefore based on stable long-run averages. Adjustments to PD bands are only made where significant deviations to existing values are detected. The last update was made in 2012 and since then no significant changes to the robust long-run averages have been detected. For the purpose of the credit quality disclosures included in these financial statements, an equivalent rating based on the Standard & Poor’s rating scale is assigned to the Group’s internal ratings based on the PD band associated with each rating. These internal ratings are used consistently across all classes of financial assets and are aggregated to the credit quality indicators “investment grade” and “non-investment grade”. The Group uses internal rating methodologies consistently for the purposes of approval, establishment and monitoring of credit limits and credit portfolio management, credit policy, management reporting, risk-adjusted performance measurement, economic risk capital measurement and allocation and financial accounting. A credit quality monitoring process is performed to provide for early identification of possible changes in the creditworthiness of clients and includes regular asset and collateral quality reviews, business and financial statement analysis and relevant economic and industry studies. Credit Risk maintains regularly updated watch lists and holds review meetings to re-assess counterparties that could be subject to adverse changes in creditworthiness. The review of the credit quality of clients and counterparties does not depend on the accounting treatment of the asset or commitment. > Refer to “Expected credit losses on impaired loans” for further information on credit monitoring. Credit quality of loans held at amortized cost The following table presents the Group’s carrying value of loans held at amortized cost by aggregated internal counterparty credit ratings “investment grade” and “non-investment grade” that are used as credit quality indicators for the purpose of this disclosure, by year of origination. Within the line items relating to the origination year, the first year represents the origination year of the current reporting period and the second year represents the origination year of the comparative reporting period. Consumer loans held at amortized cost by internal counterparty rating 2021 2020 Investment Non-investment Investment Non-investment end of AAA to BBB BB to C D Total AAA to BBB BB to C D Total CHF million Mortgages 1 2021 / 2020 24,257 2,134 40 26,431 17,454 1,653 3 19,110 2020 / 2019 14,743 1,402 13 16,158 13,936 1,459 26 15,421 2019 / 2018 11,308 1,639 48 12,995 10,187 929 58 11,174 2018 / 2017 7,287 812 88 8,187 7,061 857 44 7,962 2017 / 2016 5,318 698 74 6,090 10,789 914 76 11,779 Prior years 36,790 2,359 317 39,466 39,471 2,854 216 42,541 Total term loans 99,703 9,044 580 109,327 98,898 8,666 423 107,987 Revolving loans 276 930 0 1,206 528 548 4 1,080 Total 99,979 9,974 580 110,533 99,426 9,214 427 109,067 Loans collateralized by securities 1 2021 / 2020 2,627 685 0 3,312 1,031 1,519 149 2,699 2020 / 2019 649 848 0 1,497 995 324 0 1,319 2019 / 2018 61 167 0 228 483 64 0 547 2018 / 2017 32 26 106 164 61 41 0 102 2017 / 2016 55 19 0 74 200 127 0 327 Prior years 804 681 0 1,485 562 622 0 1,184 Total term loans 4,228 2,426 106 6,760 3,332 2,697 149 6,178 Revolving loans 2 41,275 3,063 155 44,493 41,715 3,031 104 44,850 Total 45,503 5,489 261 51,253 45,047 5,728 253 51,028 Consumer finance 1 2021 / 2020 1,688 823 5 2,516 1,282 675 5 1,962 2020 / 2019 538 288 15 841 518 385 22 925 2019 / 2018 285 234 19 538 249 219 23 491 2018 / 2017 98 169 18 285 80 154 17 251 2017 / 2016 21 75 13 109 16 57 10 83 Prior years 13 76 43 132 12 89 41 142 Total term loans 2,643 1,665 113 4,421 2,157 1,579 118 3,854 Revolving loans 348 21 90 459 328 88 81 497 Total 2,991 1,686 203 4,880 2,485 1,667 199 4,351 Consumer – total 2021 / 2020 28,572 3,642 45 32,259 19,767 3,847 157 23,771 2020 / 2019 15,930 2,538 28 18,496 15,449 2,168 48 17,665 2019 / 2018 11,654 2,040 67 13,761 10,919 1,212 81 12,212 2018 / 2017 7,417 1,007 212 8,636 7,202 1,052 61 8,315 2017 / 2016 5,394 792 87 6,273 11,005 1,098 86 12,189 Prior years 37,607 3,116 360 41,083 40,045 3,565 257 43,867 Total term loans 106,574 13,135 799 120,508 104,387 12,942 690 118,019 Revolving loans 41,899 4,014 245 46,158 42,571 3,667 189 46,427 Total 148,473 17,149 1,044 166,666 146,958 16,609 879 164,446 1 Certain consumer loans have been reclassified to corporate & institutional loans following the application of a look-through approach with regard to beneficial owners. The prior period has been reclassified to conform to the current presentation. 2 Lombard loans are generally classified as revolving loans. Corporate & institutional loans held at amortized cost by internal counterparty rating 2021 2020 Investment Non-investment Investment Non-investment end of AAA to BBB BB to C D Total AAA to BBB BB to C D Total CHF million Real estate 2021 / 2020 9,568 4,682 2 14,252 6,054 2,792 106 8,952 2020 / 2019 3,709 1,355 5 5,069 2,902 1,611 0 4,513 2019 / 2018 1,849 706 2 2,557 1,849 1,133 24 3,006 2018 / 2017 925 340 1 1,266 1,033 346 72 1,451 2017 / 2016 475 101 0 576 1,591 285 25 1,901 Prior years 2,469 376 30 2,875 5,982 1,105 33 7,120 Total term loans 18,995 7,560 40 26,595 19,411 7,272 260 26,943 Revolving loans 778 297 135 1,210 1,027 172 69 1,268 Total 19,773 7,857 175 27,805 20,438 7,444 329 28,211 Commercial and industrial loans 2021 / 2020 8,284 11,985 136 20,405 7,724 11,621 310 19,655 2020 / 2019 3,242 4,468 62 7,772 3,851 6,411 133 10,395 2019 / 2018 2,110 3,903 105 6,118 1,781 4,321 247 6,349 2018 / 2017 1,003 2,256 177 3,436 964 1,981 60 3,005 2017 / 2016 697 937 60 1,694 809 1,248 22 2,079 Prior years 2,013 2,848 90 4,951 2,830 3,837 128 6,795 Total term loans 17,349 26,397 630 44,376 17,959 29,419 900 48,278 Revolving loans 13,941 7,458 372 21,771 12,913 8,908 464 22,285 Total 31,290 33,855 1,002 66,147 30,872 38,327 1,364 70,563 Financial institutions 1 2021 / 2020 6,360 2,012 51 8,423 5,363 964 43 6,370 2020 / 2019 2,081 201 30 2,312 2,134 304 39 2,477 2019 / 2018 660 127 1 788 1,061 453 9 1,523 2018 / 2017 522 151 1 674 124 92 0 216 2017 / 2016 87 19 0 106 199 102 20 321 Prior years 499 85 1 585 770 41 2 813 Total term loans 10,209 2,595 84 12,888 9,651 1,956 113 11,720 Revolving loans 7,542 485 1 8,028 5,754 426 1 6,181 Total 17,751 3,080 85 20,916 15,405 2,382 114 17,901 Governments and public institutions 2021 / 2020 521 26 0 547 174 33 0 207 2020 / 2019 157 114 0 271 135 20 10 165 2019 / 2018 94 19 19 132 80 0 0 80 2018 / 2017 46 11 0 57 35 0 0 35 2017 / 2016 28 0 0 28 74 1 0 75 Prior years 199 21 0 220 388 41 0 429 Total term loans 1,045 191 19 1,255 886 95 10 991 Revolving loans 32 0 0 32 19 0 0 19 Total 1,077 191 19 1,287 905 95 10 1,010 Corporate & institutional – total 2021 / 2020 24,733 18,705 189 43,627 19,315 15,410 459 35,184 2020 / 2019 9,189 6,138 97 15,424 9,022 8,346 182 17,550 2019 / 2018 4,713 4,755 127 9,595 4,771 5,907 280 10,958 2018 / 2017 2,496 2,758 179 5,433 2,156 2,419 132 4,707 2017 / 2016 1,287 1,057 60 2,404 2,673 1,636 67 4,376 Prior years 5,180 3,330 121 8,631 9,970 5,024 163 15,157 Total term loans 47,598 36,743 773 85,114 47,907 38,742 1,283 87,932 Revolving loans 22,293 8,240 508 31,041 19,713 9,506 534 29,753 Total 69,891 44,983 1,281 116,155 67,620 48,248 1,817 117,685 1 Certain consumer loans have been reclassified to corporate & institutional loans following the application of a look-through approach with regard to beneficial owners. The prior period has been reclassified to conform to the current presentation. Total loans held at amortized cost by internal counterparty rating 2021 2020 Investment Non-investment Investment Non-investment end of AAA to BBB BB to C D Total AAA to BBB BB to C D Total CHF million Loans held at amortized cost – total 2021 / 2020 53,305 22,347 234 75,886 39,082 19,257 616 58,955 2020 / 2019 25,119 8,676 125 33,920 24,471 10,514 230 35,215 2019 / 2018 16,367 6,795 194 23,356 15,690 7,119 361 23,170 2018 / 2017 9,913 3,765 391 14,069 9,358 3,471 193 13,022 2017 / 2016 6,681 1,849 147 8,677 13,678 2,734 153 16,565 Prior years 42,787 6,446 481 49,714 50,015 8,589 420 59,024 Total term loans 154,172 49,878 1,572 205,622 152,294 51,684 1,973 205,951 Revolving loans 64,192 12,254 753 77,199 62,284 13,173 723 76,180 Total 218,364 62,132 2
Bank
Financial instruments measured at amortized cost and credit losses	19 Financial instruments measured at amortized cost and credit losses > Refer to “Note 20 – Financial instruments measured at amortized cost and credit losses” in VI – Consolidated financial statements – Credit Suisse Group for further information on loans held at amortized cost. Overview of financial instruments measured at amortized cost – by balance sheet position 2021 2020 1 Allowance Net 1 Allowance Net CHF million Cash and due from banks 163,718 0 163,718 137,683 (1) 137,682 Interest-bearing deposits with banks 1,256 2 0 1,256 1,235 4 (5) 1,230 Securities purchased under resale agreements and securities borrowing transactions 35,283 2 0 35,283 34,282 0 34,282 Loans 291,411 2,3 (1,296) 290,115 290,468 4,5 (1,535) 288,933 Brokerage receivables 20,875 2 (4,186) 16,689 35,944 4 (1) 35,943 Other assets 14,226 (28) 14,198 15,540 (41) 15,499 Total 526,769 (5,510) 521,259 515,152 (1,583) 513,569 1 Net of unearned income/deferred expenses, as applicable. 2 Excludes accrued interest in the total amount of CHF 301 million, with no 3 Includes endangered interest of CHF 85 million on non-accrual loans which are reported as part of the loans' amortized cost balance. 4 Excludes accrued interest in the total amount of CHF 351 million, with no 5 Includes endangered interest of CHF 87 million on non-accrual loans which are reported as part of the loans' amortized cost balance. Allowance for credit losses Loans held at amortized cost Allowance for credit losses – loans held at amortized cost 2021 2020 2019 1 Corporate & Corporate & Corporate & CHF million Balance at beginning of period 318 1,217 1,535 241 807 1,048 2 187 714 901 Current-period provision for expected credit losses 78 (53) 25 191 709 900 63 221 284 of which methodology changes 0 (1) (1) 0 (19) (19) – – – of which provisions for interest 3 25 23 48 22 15 37 – – – Gross write-offs (55) (242) (297) (87) (238) (325) (86) (213) (299) Recoveries 9 5 14 8 5 13 9 16 25 Net write-offs (46) (237) (283) (79) (233) (312) (77) (197) (274) Provisions for interest 3 – – – – – – 14 28 42 Foreign currency translation impact and other adjustments, net 7 12 19 (35) (66) (101) (1) (7) (8) Balance at end of period 357 939 1,296 318 1,217 1,535 186 759 945 of which individually evaluated 273 512 785 230 635 865 145 463 608 of which collectively evaluated 84 427 511 88 582 670 41 296 337 1 Measured under the previous accounting guidance (incurred loss model). 2 Includes a net impact of CHF 103 million from the adoption of the new CECL guidance and the related election of the fair value option for certain loans on January 1, 2020, of which CHF 55 million reflected in consumer loans and CHF 48 million in corporate & institutional loans. 3 Represents the current-period net provision for accrued interest on non-accrual loans and lease financing transactions which is recognized as a reversal of interest income. > Refer to “Note 20 – Financial instruments measured at amortized cost and credit losses” in VI – Consolidated financial statements – Credit Suisse Group for further information on estimating expected credit losses and the Bank’s gross write-offs. Purchases, reclassifications and sales – loans held at amortized cost 2021 2020 2019 Corporate & Corporate & Corporate & CHF million Purchases 1 22 4,361 4,383 45 2,756 2,801 18 2,478 2,496 Reclassifications from loans held-for-sale 2 0 133 133 0 6 6 0 11 11 Reclassifications to loans held-for-sale 3 0 4,780 4,780 18 2,007 2,025 0 3,138 3,138 Sales 3 0 4,442 4,442 18 1,626 1,644 0 3,001 3,001 Reclassifications from loans held-for-sale and reclassifications to loans held-for-sale represent non-cash transactions. 1 Includes drawdowns under purchased loan commitments. 2 Includes loans previously reclassified to held-for-sale that were not sold and were reclassified back to loans held-to-maturity. 3 All loans held at amortized cost which are sold are reclassified to loans held-for-sale on or prior to the date of the sale. Other financial assets The current-period provision for expected credit losses on other financial assets held at amortized cost includes a provision of CHF 4,307 million related to Archegos Capital Management (Archegos). As of December 31, 2021, the related allowance for credit losses is reported in brokerage receivables. Allowance for credit losses – other financial assets held at amortized cost 2021 2020 CHF million Balance at beginning of period 48 43 Current-period provision for expected credit losses 4,295 19 Gross write-offs (8) (12) Recoveries 0 2 Net write-offs (8) (10) Foreign currency translation impact and other adjustments, net (121) (4) Balance at end of period 4,214 48 of which individually evaluated 4,200 15 of which collectively evaluated 14 33 In 2021, the Bank purchased other financial assets held at amortized cost amounting to CHF 196 million, primarily related to mortgage servicing advances. Credit quality information Credit quality of loans held at amortized cost The following table presents the Bank’s carrying value of loans held at amortized cost by aggregated internal counterparty credit ratings “investment grade” and “non-investment grade” that are used as credit quality indicators for the purpose of this disclosure, by year of origination. Within the line items relating to the origination year, the first year represents the origination year of the current reporting period and the second year represents the origination year of the comparative reporting period. Consumer loans held at amortized cost by internal counterparty rating 2021 2020 Investment Non-investment Investment Non-investment end of AAA to BBB BB to C D Total AAA to BBB BB to C D Total CHF million Mortgages 1 2021 / 2020 24,257 2,134 40 26,431 17,454 1,653 3 19,110 2020 / 2019 14,743 1,402 13 16,158 13,936 1,459 26 15,421 2019 / 2018 11,308 1,639 48 12,995 10,187 929 58 11,174 2018 / 2017 7,287 812 88 8,187 7,061 857 44 7,962 2017 / 2016 5,318 698 74 6,090 10,789 914 76 11,779 Prior years 36,790 2,359 317 39,466 39,471 2,854 216 42,541 Total term loans 99,703 9,044 580 109,327 98,898 8,666 423 107,987 Revolving loans 276 930 0 1,206 528 548 4 1,080 Total 99,979 9,974 580 110,533 99,426 9,214 427 109,067 Loans collateralized by securities 1 2021 / 2020 2,627 685 0 3,312 1,031 1,519 149 2,699 2020 / 2019 649 848 0 1,497 995 324 0 1,319 2019 / 2018 61 167 0 228 483 64 0 547 2018 / 2017 32 26 106 164 61 41 0 102 2017 / 2016 55 19 0 74 200 127 0 327 Prior years 804 681 0 1,485 562 622 0 1,184 Total term loans 4,228 2,426 106 6,760 3,332 2,697 149 6,178 Revolving loans 2 41,275 3,063 155 44,493 41,715 3,031 104 44,850 Total 45,503 5,489 261 51,253 45,047 5,728 253 51,028 Consumer finance 1 2021 / 2020 1,688 823 5 2,516 1,282 675 5 1,962 2020 / 2019 538 288 15 841 518 385 22 925 2019 / 2018 285 234 19 538 249 219 23 491 2018 / 2017 98 169 18 285 80 154 17 251 2017 / 2016 21 75 13 109 16 57 10 83 Prior years 13 76 43 132 12 89 41 142 Total term loans 2,643 1,665 113 4,421 2,157 1,579 118 3,854 Revolving loans 348 21 90 459 328 88 81 497 Total 2,991 1,686 203 4,880 2,485 1,667 199 4,351 Consumer – total 2021 / 2020 28,572 3,642 45 32,259 19,767 3,847 157 23,771 2020 / 2019 15,930 2,538 28 18,496 15,449 2,168 48 17,665 2019 / 2018 11,654 2,040 67 13,761 10,919 1,212 81 12,212 2018 / 2017 7,417 1,007 212 8,636 7,202 1,052 61 8,315 2017 / 2016 5,394 792 87 6,273 11,005 1,098 86 12,189 Prior years 37,607 3,116 360 41,083 40,045 3,565 257 43,867 Total term loans 106,574 13,135 799 120,508 104,387 12,942 690 118,019 Revolving loans 41,899 4,014 245 46,158 42,571 3,667 189 46,427 Total 148,473 17,149 1,044 166,666 146,958 16,609 879 164,446 1 Certain consumer loans have been reclassified to corporate & institutional loans following the application of a look-through approach with regard to beneficial owners. The prior period has been reclassified to conform to the current presentation. 2 Lombard loans are generally classified as revolving loans. Corporate & institutional loans held at amortized cost by internal counterparty rating 2021 2020 Investment Non-investment Investment Non-investment end of AAA to BBB BB to C D Total AAA to BBB BB to C D Total CHF million Real estate 2021 / 2020 9,568 4,682 2 14,252 6,054 2,792 106 8,952 2020 / 2019 3,709 1,355 5 5,069 2,902 1,611 0 4,513 2019 / 2018 1,849 706 2 2,557 1,849 1,133 24 3,006 2018 / 2017 925 340 1 1,266 1,033 346 72 1,451 2017 / 2016 475 101 0 576 1,591 285 25 1,901 Prior years 2,469 376 30 2,875 5,982 1,105 33 7,120 Total term loans 18,995 7,560 40 26,595 19,411 7,272 260 26,943 Revolving loans 778 297 135 1,210 1,027 172 69 1,268 Total 19,773 7,857 175 27,805 20,438 7,444 329 28,211 Commercial and industrial loans 2021 / 2020 8,284 11,985 136 20,405 7,724 11,621 310 19,655 2020 / 2019 3,242 4,468 62 7,772 3,851 6,411 133 10,395 2019 / 2018 2,110 3,903 105 6,118 1,781 4,321 247 6,349 2018 / 2017 1,003 2,256 177 3,436 964 1,981 60 3,005 2017 / 2016 697 937 60 1,694 809 1,248 22 2,079 Prior years 2,013 2,848 78 4,939 2,830 3,837 116 6,783 Total term loans 17,349 26,397 618 44,364 17,959 29,419 888 48,266 Revolving loans 13,941 7,458 372 21,771 12,913 8,908 464 22,285 Total 31,290 33,855 990 66,135 30,872 38,327 1,352 70,551 Financial institutions 1 2021 / 2020 6,360 2,012 51 8,423 5,363 964 43 6,370 2020 / 2019 2,081 201 30 2,312 2,134 304 39 2,477 2019 / 2018 660 127 1 788 1,061 453 9 1,523 2018 / 2017 522 151 1 674 124 92 0 216 2017 / 2016 87 19 0 106 199 102 20 321 Prior years 499 85 1 585 770 41 2 813 Total term loans 10,209 2,595 84 12,888 9,651 1,956 113 11,720 Revolving loans 7,542 485 1 8,028 5,754 426 1 6,181 Total 17,751 3,080 85 20,916 15,405 2,382 114 17,901 Governments and public institutions 2021 / 2020 521 26 0 547 174 33 0 207 2020 / 2019 157 114 0 271 135 20 10 165 2019 / 2018 94 19 19 132 80 0 0 80 2018 / 2017 46 11 0 57 35 0 0 35 2017 / 2016 28 0 0 28 74 1 0 75 Prior years 199 21 0 220 388 41 0 429 Total term loans 1,045 191 19 1,255 886 95 10 991 Revolving loans 32 0 0 32 19 0 0 19 Total 1,077 191 19 1,287 905 95 10 1,010 Corporate & institutional – total 2021 / 2020 24,733 18,705 189 43,627 19,315 15,410 459 35,184 2020 / 2019 9,189 6,138 97 15,424 9,022 8,346 182 17,550 2019 / 2018 4,713 4,755 127 9,595 4,771 5,907 280 10,958 2018 / 2017 2,496 2,758 179 5,433 2,156 2,419 132 4,707 2017 / 2016 1,287 1,057 60 2,404 2,673 1,636 67 4,376 Prior years 5,180 3,330 109 8,619 9,970 5,024 151 15,145 Total term loans 47,598 36,743 761 85,102 47,907 38,742 1,271 87,920 Revolving loans 22,293 8,240 508 31,041 19,713 9,506 534 29,753 Total 69,891 44,983 1,269 116,143 67,620 48,248 1,805 117,673 1 Certain consumer loans have been reclassified to corporate & institutional loans following the application of a look-through approach with regard to beneficial owners. The prior period has been reclassified to conform to the current presentation. Total loans held at amortized cost by internal counterparty rating 2021 2020 Investment Non-investment Investment Non-investment end of AAA to BBB BB to C D Total AAA to BBB BB to C D Total CHF million Loans held at amortized cost – total 2021 / 2020 53,305 22,347 234 75,886 39,082 19,257 616 58,955 2020 / 2019 25,119 8,676 125 33,920 24,471 10,514 230 35,215 2019 / 2018 16,367 6,795 194 23,356 15,690 7,119 361 23,170 2018 / 2017 9,913 3,765 391 14,069 9,358 3,471 193 13,022 2017 / 2016 6,681 1,849 147 8,677 13,678 2,734 153 16,565 Prior years 42,787 6,446 469 49,702 50,015 8,589 408 59,012 Total term loans 154,172 49,878 1,560 205,610 152,294 51,684 1,961 205,939 Revolving loans 64,192 12,254 753 77,199 62,284 13,173 723 76,180 Total loans to third parties 218,364 62,132 2,313 282,809 214,578 64,857 2,684 282,119 Total loans to entities under common control 8,683 0 0 8,683 8,444 0 0 8,444 Total 227,047 62,132 2,313 291,492 1 223,022 64,857 2,684 290,563 1 1 Excludes accrued interest on loans held at amortized cost of CHF 295 million and CHF 334 million as of December 31, 2021 and 2020, respectively. Credit quality of other financial assets held at amortized cost The following table presents the Bank’s carrying value of other financial assets held at amortized cost by aggregated internal counterparty credit ratings “investment grade” and “non-investment grade”, by year of origination. Within the line items relating to the origination year, the first year represents the origination year of the current reporting period and the second year represents the origination year of the comparative reporting period. Other financial assets held at amortized cost by internal counterparty rating 2021 2020 Investment Non-investment Investment Non-investment end of AAA to BBB BB to C D Total AAA to BBB BB to C D Total CHF million Other financial assets held at amortized cost 2021 / 2020 0 5 0 5 0 0 0 0 2019 / 2018 0 0 0 0 0 70 0 70 2018 / 2017 0 63 0 63 0 2 0 2 2017 / 2016 0 2 0 2 0 4 0 4 Prior years 0 2 0 2 0 0 0 0 Total term positions 0 72 0 72 0 76 0 76 Revolving positions 0 970 0 970 0 934 0 934 Total 0 1,042 0 1,042 0 1,010 0 1,010 Includes primarily mortgage servicing advances and failed purchases. Past due financial assets Loans held at amortized cost – past due Current Past due Up to 31–60 61–90 More than 2021 (CHF million) Mortgages 109,877 123 73 61 399 656 110,533 Loans collateralized by securities 51,069 42 0 0 142 184 51,253 Consumer finance 4,449 144 70 60 157 431 4,880 Consumer 165,395 309 143 121 698 1,271 166,666 Real estate 27,628 6 4 0 167 177 27,805 Commercial and industrial loans 65,327 166 13 12 617 808 66,135 Financial institutions 20,807 60 7 1 41 109 20,916 Governments and public institutions 1,252 16 0 0 19 35 1,287 Corporate & institutional 115,014 248 24 13 844 1,129 116,143 Total loans to third parties 280,409 557 167 134 1,542 2,400 282,809 Total loans to entities under common control 8,683 0 0 0 0 0 8,683 Total loans held at amortized cost 289,092 557 167 134 1,542 2,400 291,492 1 2020 (CHF million) Mortgages 2 108,544 63 68 34 358 523 109,067 Loans collateralized by securities 2 50,907 17 0 0 104 121 51,028 Consumer finance 2 3,916 149 68 47 171 435 4,351 Consumer 163,367 229 136 81 633 1,079 164,446 Real estate 28,070 50 3 11 77 141 28,211 Commercial and industrial loans 69,227 3 622 26 6 670 1,324 3 70,551 Financial institutions 2 17,720 48 15 72 46 181 17,901 Governments and public institutions 969 37 4 0 0 41 1,010 Corporate & institutional 115,986 757 48 89 793 1,687 117,673 Total loans to third parties 279,353 986 184 170 1,426 2,766 282,119 Total loans to entities under common control 8,444 0 0 0 0 0 8,444 Total loans held at amortized cost 287,797 986 184 170 1,426 2,766 290,563 1 1 Excludes accrued interest on loans held at amortized cost of CHF 295 million and CHF 334 million as of December 31, 2021 and 2020, respectively. 2 Certain consumer loans have been reclassified to corporate & institutional loans following the application of a look-through approach with regard to beneficial owners. The prior period has been reclassified to conform to the current presentation. 3 Prior period has been revised. As of December 31, 2021 and 2020, the Bank did not have any loans that were more than 90 days past due and still accruing interest. Also, the Bank did not have any other financial assets held at amortized cost that were past due. Non-accrual financial assets Non-accrual loans held at amortized cost 2021 2020 Amortized Amortized CHF million Mortgages 418 572 2 111 337 418 3 60 Loans collateralized by securities 105 262 8 2 122 105 1 0 Consumer finance 201 205 3 1 168 201 3 1 Consumer 724 1,039 13 114 627 724 7 61 Real estate 324 167 6 0 155 324 8 27 Commercial and industrial loans 913 686 11 96 670 913 38 4 Financial institutions 68 41 0 0 46 68 0 8 Governments and public institutions 0 19 0 0 0 0 0 0 Corporate & institutional 1,305 913 17 96 871 1,305 46 39 Total loans held at amortized cost 2,029 1,952 30 210 1,498 2,029 53 100 Collateral-dependent financial assets > Refer to “Note 20 – Financial instruments measured at amortized cost and credit losses” in VI – Consolidated financial statements – Credit Suisse Group for further information on the Bank’s collateral-dependent financial assets. Troubled debt restructurings and modifications Restructured financing receivables held at amortized cost 2021 2020 2019 Recorded Recorded Recorded Recorded Recorded Recorded CHF million, except where indicated Mortgages 0 0 0 0 0 0 1 7 7 Loans collateralized by securities 1 33 25 3 165 165 0 0 0 Real estate 1 2 2 0 0 0 0 0 0 Commercial and industrial loans 18 402 394 17 127 95 25 172 161 Financial institutions 1 44 44 0 0 0 0 0 0 Total loans 21 481 465 20 292 260 26 179 168 Restructured financing receivables held at amortized cost that defaulted within 12 months from restructuring 2021 2020 2019 Number of Recorded Number of Recorded Number of Recorded CHF million, except where indicated Mortgages 0 0 0 0 1 13 Loans collateralized by securities 3 156 0 0 0 0 Commercial and industrial loans 1 14 4 13 1 2 Total loans 4 170 4 13 2 15 In 2021, the loan modifications of the Bank included the increase of credit facilities, extended loan repayment terms, including postponed loan amortizations and extended maturity dates, interest rate concessions, waivers of principal and interest and changes in covenants. As of December 31, 2021 and 2020, the Bank did not have any commitments to lend additional funds to debtors whose loan terms had been modified in troubled debt restructurings.

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2021
Goodwill	21 Goodwill Swiss International Credit 1 Gross amount of goodwill (CHF million) Balance at beginning of period 575 284 1,021 1,068 5,357 8,317 Foreign currency translation impact 10 4 22 39 42 117 Other 0 (3) 0 0 0 (3) Balance at end of period 585 285 1,043 1,107 5,399 8,431 Accumulated impairment (CHF million) Balance at beginning of period 0 0 0 0 3,879 3,891 Impairment losses 0 0 103 0 1,520 1,623 Balance at end of period 0 0 103 0 5,399 5,514 Net book value (CHF million) Net book value 585 285 940 1,107 0 2,917 2020 Gross amount of goodwill (CHF million) Balance at beginning of period 607 295 995 1,199 5,446 8,554 Goodwill acquired during the year 0 0 98 9 24 131 Foreign currency translation impact (29) (10) (62) (102) (113) (316) Other (3) (1) (10) (38) 0 (52) Balance at end of period 575 284 1,021 1,068 5,357 8,317 Accumulated impairment (CHF million) Balance at beginning of period 0 0 0 0 3,879 3,891 Balance at end of period 0 0 0 0 3,879 3,891 Net book value (CHF million) Net book value 575 284 1,021 1,068 1,478 4,426 1 Gross amount of goodwill and accumulated impairment include CHF 12 million related to legacy business transferred to the former Strategic Resolution Unit in 4Q15 and fully written off at the time of transfer, in addition to the divisions disclosed. In accordance with US GAAP, the Group continually assesses whether or not there has been a triggering event requiring a review of goodwill. The announcement on November 4, 2021 of the strategy and organizational changes represented a triggering event in the fourth quarter of 2021 for goodwill impairment testing purposes, and under US GAAP goodwill has to be tested for impairment both before and immediately after a reorganization of reporting units. The review of the Group’s five-year financial plan to reflect the announced strategy was finalized in the fourth quarter of 2021. Based on its goodwill impairment analysis performed as of December 31, 2021, the Group concluded that the fair value for the Investment Bank reporting unit was below its related carrying value and consequently the goodwill was fully impaired. The new segment structure required the reallocation of goodwill balances from the current reporting units to the new reporting units on a relative fair value basis. Under the new reporting structure, effective January 1, 2022, the investment banking-related businesses of the Asia Pacific reporting unit were transferred to the Investment Bank reporting unit and therefore a portion of the Asia Pacific reporting unit’s goodwill balance as of December 31, 2021 was transferred. The Group concluded that the goodwill amount transferred to the Investment Bank reporting unit was also fully impaired. The Group concluded that the estimated fair value for all of the other reporting units with goodwill substantially exceeded their related carrying values and no further impairment was necessary as of December 31, 2021. The carrying value of each reporting unit for the purpose of the goodwill impairment test is determined by considering the reporting units’ risk-weighted assets usage, leverage ratio exposure, deferred tax assets, goodwill, intangible assets and other common equity tier 1 (CET1) capital relevant adjustments. The residual value between the total of these elements and the Group’s shareholders’ equity is allocated to the carrying value of the reporting units on a pro-rata basis. In estimating the fair value of its reporting units, the Group applied a combination of the market approach and the income approach. Under the market approach, consideration is given to price to projected earnings multiples or price to book value multiples for similarly traded companies and prices paid in recent transactions that have occurred in its industry or in related industries. Under the income approach, a discount rate is applied that reflects the risk and uncertainty related to the reporting unit’s projected cash flows, which were determined from the Group’s financial plan. In determining the estimated fair value, the Group relied upon its latest five-year financial plan, which included significant management assumptions and estimates based on its view of current and future economic conditions and regulatory changes. Estimates of the Group’s future earnings potential, and that of the reporting units, involve considerable judgment, including management’s view on future changes in market cycles, the regulatory environment and the anticipated result of the implementation of business strategies, competitive factors and assumptions concerning the retention of key employees. During the year the Group engaged the services of an independent valuation specialist to assist in the valuation of certain reporting units. The specialist also assisted in the valuation of the Asset Management, Asia Pacific and the Investment Bank reporting units as of December 31, 2021. The valuations were performed using a combination of the market approach and income approach. The results of the impairment evaluation of each reporting unit’s goodwill would be significantly impacted by adverse changes in the underlying parameters used in the valuation process. If actual outcomes or the future outlook adversely differ from management’s best estimates of the key economic assumptions and associated cash flows applied in the valuation of the reporting unit, the Group could potentially incur material impairment charges in the future.
Bank
Goodwill	20 Goodwill Swiss International 1 Gross amount of goodwill (CHF million) Balance at beginning of period 557 276 1,005 1,062 4,734 7,646 Foreign currency translation impact 10 4 25 39 27 105 Other 0 (3) 0 0 0 (3) Balance at end of period 567 277 1,030 1,101 4,761 7,748 Accumulated impairment (CHF million) Balance at beginning of period 0 0 0 0 3,879 3,891 Impairment losses 0 0 94 0 882 976 Balance at end of period 0 0 94 0 4,761 4,867 Net book value (CHF million) Net book value 567 277 936 1,101 0 2,881 2020 Gross amount of goodwill (CHF million) Balance at beginning of period 589 288 986 1,193 4,783 7,851 Goodwill acquired during the year 0 0 98 9 24 131 Foreign currency translation impact (30) (11) (68) (102) (73) (284) Other (2) (1) (11) (38) 0 (52) Balance at end of period 557 276 1,005 1,062 4,734 7,646 Accumulated impairment (CHF million) Balance at beginning of period 0 0 0 0 3,879 3,891 Balance at end of period 0 0 0 0 3,879 3,891 Net book value (CHF million) Net book value 557 276 1,005 1,062 855 3,755 1 Gross amount of goodwill and accumulated impairment include goodwill of CHF 12 million related to legacy business transferred to the former Strategic Resolution Unit in 4Q15 and fully written off at the time of transfer, in addition to the divisions disclosed. > Refer to “Note 21 – Goodwill” in VI – Consolidated financial statements – Credit Suisse Group for further information.

Other intangible assets

Other intangible assets	12 Months Ended
	Dec. 31, 2021
Other intangible assets	22 Other intangible assets 2021 2020 Accumu- Accumu- Other intangible assets (CHF million) Trade names/trademarks 25 (25) 0 24 (24) 0 Client relationships 31 (7) 24 30 0 30 Other 5 (3) 2 (3) 4 1 Total amortizing other intangible assets 61 (35) 26 51 (20) 31 Non-amortizing other intangible assets 250 – 250 206 – 206 of which mortgage servicing rights, at fair value 224 – 224 180 – 180 Total other intangible assets 311 (35) 276 257 (20) 237 Additional information in 2021 2020 2019 Aggregate amortization and impairment (CHF million) Aggregate amortization 8 6 5 Impairment 0 2 5 Estimated amortization Estimated amortization (CHF million) 2022 4 2023 3 2024 3 2025 2 2026 2
Bank
Other intangible assets	21 Other intangible assets 2021 2020 Accumu- Accumu- Other intangible assets (CHF million) Trade names/trademarks 25 (25) 0 24 (24) 0 Client relationships 31 (7) 24 30 0 30 Other 5 (3) 2 (3) 3 0 Total amortizing other intangible assets 61 (35) 26 51 (21) 30 Non-amortizing other intangible assets 250 – 250 207 – 207 of which mortgage servicing rights, at fair value 224 – 224 180 – 180 Total other intangible assets 311 (35) 276 258 (21) 237 Additional information in 2021 2020 2019 Aggregate amortization and impairment (CHF million) Aggregate amortization 8 6 5 Impairment 0 2 5 Estimated amortization Estimated amortization (CHF million) 2022 4 2023 3 2024 3 2025 2 2026 2

Other assets and other liabilit

Other assets and other liabilities	12 Months Ended
	Dec. 31, 2021
Other assets and other liabilities	23 Other assets and other liabilities end of 2021 2020 Other assets (CHF million) Cash collateral on derivative instruments 7,659 7,741 Cash collateral on non-derivative transactions 395 635 Derivative instruments used for hedging 212 131 Assets held-for-sale 8,020 7,077 of which loans 1 7,924 7,046 allowance for loans held-for-sale (44) (48) of which real estate 2 94 27 of which long-lived assets 2 4 Premises and equipment and right-of-use assets 7,305 7,376 Assets held for separate accounts 98 102 Interest and fees receivable 2,884 4,255 Deferred tax assets 3,707 3,667 Prepaid expenses 509 448 of which cloud computing arrangement implementation costs 52 38 Failed purchases 1,307 1,451 Defined benefit pension and post-retirement plan assets 4,215 2,872 Other 4,920 3,882 Other assets 41,231 39,637 1 Included as of December 31, 2021 and 2020 were CHF 391 million and CHF 262 million, respectively, in restricted loans, which represented collateral on secured borrowings. 2 As of December 31, 2021 and 2020, real estate held-for-sale included foreclosed or repossessed real estate of CHF 8 million and CHF 8 million, respectively, of which CHF 8 million and CHF 8 million, respectively, were related to residential real estate. end of 2021 2020 Other liabilities (CHF million) Cash collateral on derivative instruments 5,533 7,831 Cash collateral on non-derivative transactions 528 174 Derivative instruments used for hedging 10 45 Operating leases liabilities 2,591 2,759 Provisions 1,925 2,080 of which expected credit losses on off-balance sheet credit exposure 257 311 Restructuring liabilities 19 52 Liabilities held for separate accounts 98 102 Interest and fees payable 3,969 4,297 Current tax liabilities 685 555 Deferred tax liabilities 754 530 Failed sales 1,736 1,120 Defined benefit pension and post-retirement plan liabilities 353 410 Other 4,443 11,479 Other liabilities 22,644 31,434 Premises, equipment and right-of-use assets end of 2021 2020 Premises and equipment (CHF million) Buildings and improvements 1,107 1,425 Land 241 291 Leasehold improvements 1,722 1,775 Software 8,146 7,038 Equipment 1,806 1,874 Premises and equipment 13,022 12,403 Accumulated depreciation (8,129) (7,627) Total premises and equipment, net 4,893 4,776 Right-of-use assets (CHF million) Right-of-use assets-operating leases 2,412 2,600 Total premises and equipment and right-of-use assets 7,305 7,376 Depreciation, amortization and impairment end of 2021 2020 2019 CHF million Depreciation on premises and equipment 1,020 964 939 Impairment on premises and equipment 21 10 3 Amortization and impairment on right-of-use assets 361 331 324 > Refer to “Note 24 – Leases” for further information on right-of-use assets.
Bank
Other assets and other liabilities	22 Other assets and other liabilities end of 2021 2020 Other assets (CHF million) Cash collateral on derivative instruments 7,659 7,741 Cash collateral on non-derivative transactions 395 635 Derivative instruments used for hedging 212 131 Assets held-for-sale 8,020 7,077 of which loans 1 7,924 7,046 allowance for loans held-for-sale (44) (48) of which real estate 2 94 27 of which long-lived assets 2 4 Premises, equipment and right-of-use assets 6,140 6,213 Assets held for separate accounts 98 102 Interest and fees receivable 2,934 4,397 Deferred tax assets 3,666 3,630 Prepaid expenses 394 367 of which cloud computing arrangement implementation costs 46 32 Failed purchases 1,307 1,451 Defined benefit pension and post-retirement plan assets 974 975 Other 4,916 3,855 Other assets 36,715 36,574 1 Included as of the end of 2021 and 2020 were CHF 391 million and CHF 262 million, respectively, in restricted loans, which represented collateral on secured borrowings. 2 As of the end of 2021 and 2020, real estate held-for-sale included foreclosed or repossessed real estate of CHF 8 million and CHF 8 million, respectively, of which CHF 8 million and CHF 8 million, respectively, were related to residential real estate. end of 2021 2020 Other liabilities (CHF million) Cash collateral on derivative instruments 5,533 7,831 Cash collateral on non-derivative transactions 528 174 Derivative instruments used for hedging 10 45 Operating leases liabilities 1,861 1,981 Provisions 1,912 2,067 of which expected credit losses on off-balance sheet credit exposures 257 311 Restructuring liabilities 19 49 Liabilities held for separate accounts 98 102 Interest and fees payable 3,930 4,397 Current tax liabilities 671 542 Deferred tax liabilities 122 157 Failed sales 1,736 1,120 Defined benefit pension and post-retirement plan liabilities 343 403 Other 4,546 11,472 Other liabilities 21,309 30,340 Premises, equipment and right-of-use assets end of 2021 2020 Premises and equipment (CHF million) Buildings and improvements 1,084 1,403 Land 241 291 Leasehold improvements 1,578 1,634 Software 7,660 6,663 Equipment 1,004 1,128 Premises and equipment 11,567 11,119 Accumulated depreciation (7,143) (6,761) Total premises and equipment, net 4,424 4,358 Right-of-use assets (CHF million) Operating leases 1,716 1,855 Right-of-use assets 1,716 1,855 Total premises, equipment and right-of-use assets 6,140 6,213 Depreciation, amortization and impairment end of 2021 2020 2019 CHF million Depreciation on premises and equipment 903 860 844 Impairment on premises and equipment 20 10 3 Amortization and impairment on right-of-use assets 313 284 279 > Refer to “Note 23 – Leases” for further information on right-of-use assets.

Leases

Leases	12 Months Ended
	Dec. 31, 2021
Leases	24 Leases The Group enters into both lessee and lessor arrangements. > Refer to “Note 1 – Summary of significant accounting policies” and “Note 23 – Other assets and other liabilities” for further information. Lessee arrangements The Group primarily enters into operating leases. When a real estate lease has both lease and non-lease components, the Group allocates the consideration in the contract based on the relative standalone selling price. For all leases other than real estate leases, the Group does not separate lease and non-lease components. The Group’s finance leases are not material. The Group has entered into leases for real estate, equipment and vehicles. Certain equipment and real estate have subsequently been subleased. Sublease income is recognized in other revenues. Lease costs end of 2021 2020 2019 Lease costs (CHF million) Operating lease costs 357 369 388 Variable lease costs 52 50 40 Sublease income (57) (71) (78) Net lease costs 352 348 350 From time to time, the Group enters into sale-leaseback transactions in which an asset is sold and immediately leased back. If specific criteria are met, the asset is derecognized from the balance sheet and an operating lease is recognized. During 2021, the Group entered into 13 sale-leaseback transactions with lease terms ranging from 3 to 10 years. During 2020, the Group entered into one sale-leaseback transaction, with a lease term of one year. During 2019, the Group entered into four sale-leaseback transactions, with lease terms ranging from five to ten years. Other information end of 2021 2020 2019 Other information (CHF million) Gains/(losses) on sale and leaseback transactions 225 15 274 Cash paid for amounts included in the measurement of operating lease liabilities recorded in operating cash flows (399) (403) (464) Right-of-use assets obtained in exchange of new operating lease liabilities 1 107 32 102 Changes to right-of-use assets due to lease modifications for operating leases 29 32 221 1 Represents non-cash transactions and includes right-of-use assets relating to changes in classification of scope of variable interest entities. The weighted average remaining lease terms and discount rates are based on all outstanding operating leases as well as their respective lease terms and remaining lease obligations. Weighted average remaining lease term and discount rate end of 2021 2020 Operating leases Remaining lease term (years) 11.1 11.9 Discount rate (%) 2.6 2.6 The following table reflects the undiscounted cash flows from leases for the next five years and thereafter, based on the expected lease term. Maturities relating to operating lease arrangements end of 2021 2020 Maturity (CHF million) Due within 1 year 374 385 Due between 1 and 2 years 339 364 Due between 2 and 3 years 293 323 Due between 3 and 4 years 293 278 Due between 4 and 5 years 255 249 Thereafter 1,450 1,642 Operating lease obligations 3,004 3,241 Future interest payable (413) (482) Operating lease liabilities 2,591 2,759 Lessor arrangements The Group enters into sales-type, direct financing and operating leases for real estate, equipment and vehicles. When a real estate lease has both lease and non-lease components, the Group allocates the consideration in the contract based on the relative standalone selling price. For all leases other than real estate leases, the Group does not separate lease and non-lease components. As of December 31, 2021 and 2020, the Group had approximately CHF 1.1 billion and CHF 0.9 billion, respectively, of residual value guarantees associated with lessor arrangements. The Group’s risk of loss relating to the residual value of leased assets is mitigated through contractual arrangements with manufactures or suppliers. Leased assets are also monitored through projections of the residual values at lease origination and periodic reviews of residual values. Net investments 2021 2020 Sales- Direct Sales- Direct Net investments (CHF million) Lease receivables 1,107 2,395 862 2,299 Unguaranteed residual values 119 80 43 188 Valuation allowances (7) (18) (6) (23) Total net investments 1,219 2,457 899 2,464 Maturities relating to lessor arrangements 2021 2020 Sales- Direct Sales- Direct Maturity (CHF million) Due within 1 year 467 727 46 359 755 48 Due between 1 and 2 years 263 641 43 213 620 41 Due between 2 and 3 years 179 583 42 142 514 37 Due between 3 and 4 years 113 458 40 84 402 36 Due between 4 and 5 years 62 125 37 43 125 34 Thereafter 83 31 34 66 48 63 Total 1,167 2,565 242 907 2,464 259 Future interest receivable (60) (170) – (45) (165) – Lease receivables 1,107 2,395 – 862 2,299 – The Group elected the practical expedient to not evaluate whether certain sales taxes and other similar taxes are lessor cost or lessee cost and excludes these costs from being reported as lease income with an associated expense. The Group enters into leases with fixed or variable lease payments, or with lease payments that depend on an index or a referenced rate which are included in the net investment in the lease at lease commencement, as such payments are considered unavoidable. Other variable lease payments, as well as subsequent changes in an index or referenced rate, are excluded from the net investment in the lease. Lease payments are recorded when due and payable by the lessee. Lease income end of 2021 2020 2019 Lease income (CHF million) Interest income on sales-type leases 25 19 13 Interest income on direct financing leases 68 74 97 Lease income from operating leases 76 93 103 Variable lease income 1 0 3 Total lease income 170 186 216 Certain leases include i) termination options that allow lessees to terminate the leases within three months of the commencement date, with a notice period of 30 days; ii) termination options that allow the Group to terminate the lease but do not provide the lessee with the same option; iii) termination penalties; iv) options to prepay the payments for the remaining lease term; or v) options that permit the lessee to purchase the leased asset at market value or at the greater of market value and the net present value of the remaining payments. The Group may enter into vehicle leases as a lessor with members of the Board of Directors or the Executive Board. The terms of such leases with members of the Board of Directors are similar to those with third parties and the terms of such leases with members of the Executive Board reflect standard employee conditions.
Bank
Leases	23 Leases > Refer to “Note 24 – Leases” in VI – Consolidated financial statements – Credit Suisse Group for further information. Lessee arrangements Lease costs end of 2021 2020 2019 Lease costs (CHF million) Operating lease costs 293 305 324 Variable lease costs 50 45 37 Sublease income (75) (87) (95) Total lease costs 268 263 266 During 2021, the Bank entered into 13 sale-leaseback transactions with lease terms ranging from 3 to 10 years. During 2020, the Bank entered into one sale-leaseback transaction with a lease term of one year. During 2019, the Bank entered into 4 sale-leaseback transactions, with lease terms ranging from 5 to 10 years. Other information end of 2021 2020 2019 Other information (CHF million) Gains/(losses) on sale and leaseback transactions 225 15 274 Cash paid for amounts included in the measurement of operating lease liabilities recorded in operating cash flows (334) (340) (400) Right-of-use assets obtained in exchange of new operating lease liabilities 1 107 32 100 Changes to right-of-use assets due to lease modifications for operating leases 29 26 214 1 Represents non-cash transactions and includes right-of-use assets relating to changes in classification of scope of variable interest entities. Weighted average remaining lease term and discount rate end of 2021 2020 Operating leases Remaining lease term (years) 9.6 10.4 Discount rate (%) 2.8 2.9 Maturities relating to operating lease arrangements end of 2021 2020 Maturity (CHF million) Due within 1 year 309 320 Due between 1 and 2 years 278 299 Due between 2 and 3 years 234 262 Due between 3 and 4 years 234 219 Due between 4 and 5 years 197 190 Thereafter 919 1,054 Operating lease obligations 2,171 2,344 Future interest payable (310) (363) Operating lease liabilities 1,861 1,981 Lessor arrangements As of December 31, 2021 and 2020, the Bank had approximately CHF 1.1 billion and CHF 0.9 billion, respectively, of residual value guarantees associated with lessor arrangements. Net investments 2021 2020 Sales- Direct Sales- Direct Net investments (CHF million) Lease receivables 1,107 2,395 862 2,299 Unguaranteed residual assets 119 80 43 188 Valuation allowances (7) (18) (6) (23) Total net investments 1,219 2,457 899 2,464 Maturities relating to lessor arrangements 2021 2020 Sales- Direct Sales- Direct Maturity (CHF million) Due within 1 year 467 727 61 359 755 63 Due between 1 and 2 years 263 641 59 213 620 57 Due between 2 and 3 years 179 583 59 142 514 53 Due between 3 and 4 years 113 458 56 84 402 52 Due between 4 and 5 years 62 125 54 43 125 50 Thereafter 83 31 177 66 48 217 Total 1,167 2,565 466 907 2,464 492 Future interest receivable (60) (170) – (45) (165) – Lease receivables 1,107 2,395 – 862 2,299 – As of December 31, 2021 and 2020, the Bank had CHF 224 million and CHF 234 million, respectively, of related party operating leases. Lease income end of 2021 2020 2019 Lease income (CHF million) Interest income on sales-type leases 25 19 13 Interest income on direct financing leases 68 74 97 Lease income from operating leases 93 107 119 Variable lease income 1 0 3 Total lease income 187 200 232

Deposits

Deposits	12 Months Ended
	Dec. 31, 2021
Deposits	25 Deposits 2021 2020 Switzer- Switzer- Deposits (CHF million) Non-interest-bearing demand deposits 2,703 2,556 5,259 3,231 3,085 6,316 Interest-bearing demand deposits 152,993 47,200 200,193 144,709 41,995 186,704 Savings deposits 60,027 8,474 68,501 62,769 8,764 71,533 Time deposits 35,602 102,229 137,831 1 26,864 115,927 142,791 1 Total deposits 251,325 160,459 411,784 2 237,573 169,771 407,344 2 of which due to banks – – 18,965 – – 16,423 of which customer deposits – – 392,819 – – 390,921 The designation of deposits in Switzerland versus foreign deposits is based upon the location of the office where the deposit is recorded. 1 Included uninsured time deposits of CHF 128,526 million and CHF 136,687 million as of December 31, 2021 and 2020, respectively, which are in excess of any country-specific insurance limit or which are not covered by an insurance regime. 2 Not included as of December 31, 2021 and 2020 were CHF 86 million and CHF 106 million, respectively, of overdrawn deposits reclassified as loans.
Bank
Deposits	24 Deposits 2021 2020 Switzer- Switzer- Deposits (CHF million) Non-interest-bearing demand deposits 2,703 2,557 5,260 3,231 3,097 6,328 Interest-bearing demand deposits 153,611 47,415 201,026 145,296 42,172 187,468 Savings deposits 60,027 8,474 68,501 62,769 8,764 71,533 Time deposits 35,775 102,239 138,014 1 27,188 115,942 143,130 1 Total deposits 252,116 160,685 412,801 2 238,484 169,975 408,459 2 of which due to banks – – 18,960 – – 16,420 of which customer deposits – – 393,841 – – 392,039 The designation of deposits in Switzerland versus foreign deposits is based upon the location of the office where the deposit is recorded. 1 Included uninsured time deposits of CHF 128,714 million and CHF 136,687 million as of December 31, 2021 and 2020, respectively, which are in excess of any country-specific insurance limit or which are not covered by an insurance regime. 2 Not included as of December 31, 2021 and 2020 were CHF 86 million and CHF 106 million, respectively, of overdrawn deposits reclassified as loans.

Long-term debt

Long-term debt	12 Months Ended
	Dec. 31, 2021
Long-term debt	26 Long-term debt end of 2021 2020 Long-term debt (CHF million) Senior 141,402 133,056 Subordinated 24,103 26,285 Non-recourse liabilities from consolidated VIEs 1,391 1,746 Long-term debt 166,896 161,087 of which reported at fair value 68,722 70,976 of which structured notes 43,126 47,039 end of 2021 2020 Structured notes by product (CHF million) Equity 28,681 29,907 Fixed income 11,678 13,882 Credit 2,363 2,881 Other 404 369 Total structured notes 43,126 47,039 Total long-term debt includes debt issuances managed by Treasury that do not contain derivative features (vanilla debt), as well as hybrid debt instruments with embedded derivatives, which are issued as part of the Group’s structured product activities. Long-term debt includes both Swiss franc and foreign exchange denominated fixed and variable rate bonds. The interest rate ranges presented in the table below are based on the contractual terms of the Group’s vanilla debt. Interest rate ranges for future coupon payments on structured products for which fair value has been elected are not included in the table below as these coupons are dependent upon the embedded derivative and prevailing market conditions at the time each coupon is paid. In addition, the effects of derivatives used for hedging are not included in the interest rate ranges on the associated debt. Long-term debt by maturities end of 2022 2023 2024 2025 2026 Thereafter Total Group parent company (CHF million) Senior debt Fixed rate 0 5,683 1,262 7,376 5,240 22,475 42,036 Variable rate 0 548 1,766 0 1,560 0 3,874 Interest rate (range in %) 1 – 0.6 – 3.8 1.0 – 4.2 1.3 – 3.8 0.5 – 4.6 0.6 – 5.4 – Subordinated debt Fixed rate 1,406 4,348 3,250 2,022 1,717 3,631 16,374 Interest rates (range in %) 1 7.1 3.9 – 7.5 3.5 – 6.3 3.0 – 7.3 6.4 4.5 – 5.3 – Subtotal – Group parent company 1,406 10,579 6,278 9,398 8,517 26,106 62,284 Subsidiaries (CHF million) Senior debt Fixed rate 4,129 4,878 4,739 4,566 5,712 14,010 38,034 Variable rate 15,708 11,665 7,757 4,777 3,932 13,619 57,458 Interest rates (range in %) 1 0.0 – 9.7 0.1 – 2.2 0.0 – 3.6 0.0 – 3.5 0.1 – 3.3 0.0 – 7.1 – Subordinated debt Fixed rate 4,907 2,397 29 33 50 127 7,543 Variable rate 186 0 0 0 0 0 186 Interest rates (range in %) 1 0.9 – 3.8 0.0 – 6.5 5.7 0.0 – 5.9 5.9 5.7 – 7.2 – Non-recourse liabilities from consolidated VIEs Fixed rate 133 123 0 217 0 0 473 Variable rate 14 6 2 0 9 2 0 889 918 Interest rates (range in %) 1 0.0 – 2.9 – – – – 0.0 – 10.6 – Subtotal – Subsidiaries 25,077 19,069 12,525 9,602 9,694 28,645 104,612 Total long-term debt 26,483 29,648 18,803 19,000 18,211 54,751 166,896 of which structured notes 11,346 7,764 4,625 3,628 2,954 12,809 43,126 The maturity of perpetual debt is based on the earliest callable date. The maturity of all other debt is based on contractual maturity and includes certain structured notes that have mandatory early redemption features based on stipulated movements in markets or the occurrence of a market event. Within this population there are approximately CHF 2.7 billion of such notes with a contractual maturity of greater than one year that have an observable likelihood of redemption occurring within one year based on a modelling assessment. 1 Excludes structured notes for which fair value has been elected as the related coupons are dependent upon the embedded derivatives and prevailing market conditions at the time each coupon is paid. 2 Reflects equity linked notes, where the payout is not fixed. The Group and the Bank maintain a shelf registration statement with the SEC, which allows each entity to issue, from time to time, senior and subordinated debt securities, warrants and guarantees. The Group maintains a euro medium-term note program that allows the Bank to issue senior debt securities. The Group maintains three senior debt programs that allow the Group to issue senior debt securities with certain features that are designed to allow for statutory bail-in by the Swiss Financial Market Supervisory Authority FINMA (FINMA) under the Swiss banking laws and regulations. The Bank maintains a JPY 500 billion Samurai shelf registration statement that allows it to issue, from time to time, senior and subordinated debt securities.
Bank
Long-term debt	25 Long-term debt end of 2021 2020 Long-term debt (CHF million) Senior 95,468 94,768 Subordinated 63,836 63,765 Non-recourse liabilities from consolidated VIEs 1,391 1,746 Long-term debt 160,695 160,279 of which reported at fair value 67,788 70,243 of which structured notes 43,126 47,039 end of 2021 2020 Structured notes by product (CHF million) Equity 28,681 29,907 Fixed income 11,678 13,882 Credit 2,363 2,881 Other 404 369 Total structured notes 43,126 47,039 Long-term debt by maturities end of 2022 2023 2024 2025 2026 Thereafter Total Long-term debt (CHF million) Senior debt Fixed rate 4,058 4,886 4,740 4,584 5,709 14,019 37,996 Variable rate 15,708 11,665 7,760 4,777 3,932 13,630 57,472 Interest rates (range in %) 1 0.0 – 9.7 0.1 – 2.2 0.0 – 3.6 0.0 – 3.5 0.1 – 3.3 0.0 – 7.1 – Subordinated debt Fixed rate 7,308 10,522 4,555 9,432 7,008 19,548 58,373 Variable rate 643 94 1,766 0 0 2,960 5,463 Interest rates (range in %) 1 0.9 – 7.1 0.6 – 8.0 0.8 – 6.5 0.4 – 7.3 2.2 – 6.4 0.7 – 7.2 – Non-recourse liabilities from consolidated VIEs Fixed rate 133 123 0 217 0 0 473 Variable rate 14 6 2 0 9 2 0 889 918 Interest rates (range in %) 1 0.0 – 2.9 – – – – 0.0 – 10.6 – Total long-term debt 27,864 27,296 18,821 19,019 16,649 51,046 160,695 of which structured notes 11,346 7,764 4,625 3,628 2,954 12,809 43,126 The maturity of perpetual debt is based on the earliest callable date. The maturity of all other debt is based on contractual maturity and includes certain structured notes that have mandatory early redemption features based on stipulated movements in markets or the occurrence of a market event. Within this population there are approximately CHF 2.7 billion of such notes with a contractual maturity of greater than one year that have an observable likelihood of redemption occurring within one year based on a modelling assessment. 1 Excludes structured notes for which fair value has been elected as the related coupons are dependent upon the embedded derivatives and prevailing market conditions at the time each coupon is paid. 2 Reflects equity linked notes, where the payout is not fixed. > Refer to “Note 26 – Long-term debt” in VI – Consolidated financial statements – Credit Suisse Group for further information.

Accumulated other comprehensive

Accumulated other comprehensive income	12 Months Ended
	Dec. 31, 2021
Accumulated other comprehensive income	27 Accumulated other comprehensive income and additional share information Accumulated other comprehensive income 1 Gains/ 2021 (CHF million) Balance at beginning of period 206 (17,528) 13 (3,727) 456 (2,570) (23,150) Increase/(decrease) (260) 783 0 707 4 302 1,536 Reclassification adjustments, included in net income/(loss) (41) 6 0 315 (95) 103 288 Total increase/(decrease) (301) 789 0 1,022 (91) 405 1,824 Balance at end of period (95) (16,739) 13 (2,705) 365 (2,165) (21,326) 2020 (CHF million) Balance at beginning of period 28 (14,469) 30 (3,690) 604 (2,772) (20,269) Increase/(decrease) 91 (3,076) (49) (327) (5) 45 (3,321) Reclassification adjustments, included in net income/(loss) 87 17 32 290 (143) 157 440 Total increase/(decrease) 178 (3,059) (17) (37) (148) 202 (2,881) Balance at end of period 206 (17,528) 13 (3,727) 456 (2,570) (23,150) 2019 (CHF million) Balance at beginning of period (72) (13,442) 10 (3,974) 387 (890) (17,981) Increase/(decrease) 65 (1,015) 20 44 338 (2,053) (2,601) Increase/(decrease) due to equity method investments 10 (18) 0 0 0 0 (8) Reclassification adjustments, included in net income/(loss) 25 6 0 282 (121) 193 385 Cumulative effect of accounting changes, net of tax 0 0 0 (42) 0 (22) (64) Total increase/(decrease) 100 (1,027) 20 284 217 (1,882) (2,288) Balance at end of period 28 (14,469) 30 (3,690) 604 (2,772) (20,269) 1 No impairments on available-for-sale debt securities were recognized in net income/(loss) in 2021, 2020 and 2019. > Refer to “Note 29 – Tax” and “Note 32 – Pension and other post-retirement benefits” for income tax expense/(benefit) on the movements of accumulated other comprehensive income/(loss). Details of significant reclassification adjustments in 2021 2020 2019 Reclassification adjustments, included in net income/(loss) (CHF million) Actuarial gains/(losses) Amortization of recognized actuarial losses 1 388 355 355 Tax expense/(benefit) (73) (65) (73) Net of tax 315 290 282 Net prior service credit/(cost) Amortization of recognized prior service credit/(cost) 1 (118) (176) (153) Tax expense/(benefit) 23 33 32 Net of tax (95) (143) (121) 1 These components are included in the computation of total benefit costs. Refer to "Note 32 – Pension and other post-retirement benefits" for further information. Additional share information 2021 2020 2019 Common shares issued Balance at beginning of period 2,447,747,720 2,556,011,720 2,556,011,720 Issuance of common shares 203,000,000 0 0 Cancellation of repurchased shares 0 (108,264,000) 0 Balance at end of period 2,650,747,720 2,447,747,720 2,556,011,720 Treasury shares Balance at beginning of period (41,602,841) (119,761,811) (5,427,691) Sale of treasury shares 2,053,309,578 1,222,417,138 795,576,688 Repurchase of treasury shares (2,151,374,939) (1,303,331,434) (951,743,509) Cancellation of repurchased shares 0 108,264,000 0 Issuance of common shares relating to mandatory convertible notes (203,000,000) 0 0 Conversion of mandatory convertible notes 202,998,491 0 0 Share-based compensation 58,606,500 50,809,266 41,832,701 Balance at end of period (81,063,211) (41,602,841) (119,761,811) Common shares outstanding Balance at end of period 2,569,684,509 1 2,406,144,879 2 2,436,249,909 1 At par value CHF 0.04 each, fully paid. In addition to the treasury shares, a maximum of 450,000,000 unissued shares (conditional, conversion and authorized capital) were available for issuance without further approval of the shareholders. 111,524,164 of these shares were reserved for capital instruments. 2 At par value CHF 0.04 each, fully paid. In addition to the treasury shares, a maximum of 653,000,000 unissued shares (conditional, conversion and authorized capital) were available for issuance without further approval of the shareholders. 111,193,477 of these shares were reserved for capital instruments.
Bank
Accumulated other comprehensive income	26 Accumulated other comprehensive income 1 Gains/ 2021 (CHF million) Balance at beginning of period 205 (17,517) 13 (460) (11) (2,469) (20,239) Increase/(decrease) (259) 751 0 12 4 284 792 Reclassification adjustments, included in net income/(loss) (41) 6 0 19 1 103 88 Total increase/(decrease) (300) 757 0 31 5 387 880 Balance at end of period (95) (16,760) 13 (429) (6) (2,082) (19,359) 2020 (CHF million) Balance at beginning of period 28 (14,560) 30 (417) (7) (2,620) (17,546) Increase/(decrease) 90 (2,974) (49) (55) (4) (6) (2,998) Reclassification adjustments, included in net income/(loss) 87 17 32 12 0 157 305 Total increase/(decrease) 177 (2,957) (17) (43) (4) 151 (2,693) Balance at end of period 205 (17,517) 13 (460) (11) (2,469) (20,239) 2019 (CHF million) Balance at beginning of period (58) (13,573) 9 (350) (8) (860) (14,840) Increase/(decrease) 65 (990) 21 (42) 0 (1,931) (2,877) Reclassification adjustments, included in net income/(loss) 21 3 0 17 1 193 235 Cumulative effect of accounting changes, net of tax 0 0 0 (42) 0 (22) (64) Total increase/(decrease) 86 (987) 21 (67) 1 (1,760) (2,706) Balance at end of period 28 (14,560) 30 (417) (7) (2,620) (17,546) 1 No impairments on available-for-sale debt securities were recognized in net income/(loss) in 2021, 2020 and 2019. > Refer to “Note 28 – Tax” and “Note 31 – Pension and other post-retirement benefits” for income tax expense/(benefit) on the movements of accumulated other comprehensive income/(loss). Details of significant reclassification adjustments in 2021 2020 2019 Reclassification adjustments, included in net income/(loss) (CHF million) Actuarial gains/(losses) Amortization of recognized actuarial losses 1 23 13 22 Tax expense/(benefit) (4) (1) (5) Net of tax 19 12 17 1 These components are included in the computation of total benefit costs. Refer to "Note 31 – Pension and other post-retirement benefits" for further information.

Offsetting of financial assets

Offsetting of financial assets and financial liabilities	12 Months Ended
	Dec. 31, 2021
Offsetting of financial assets and financial liabilities	28 Offsetting of financial assets and financial liabilities The disclosures set out in the tables below include derivatives, reverse repurchase and repurchase agreements, and securities lending and borrowing transactions that: ■ ■ Similar agreements include derivative clearing agreements, global master repurchase agreements and global master securities lending agreements. Derivatives The Group transacts bilateral OTC derivatives (OTC derivatives) mainly under International Swaps and Derivatives Association (ISDA) Master Agreements and Swiss Master Agreements for OTC derivative instruments. These agreements provide for the net settlement of all transactions under the agreement through a single payment in the event of default or termination under the agreement. They allow the Group to offset balances from derivative assets and liabilities as well as the receivables and payables to related cash collateral transacted with the same counterparty. Collateral for OTC derivatives is received and provided in the form of cash and marketable securities. Such collateral may be subject to the standard industry terms of an ISDA Credit Support Annex. The terms of an ISDA Credit Support Annex provide that securities received or provided as collateral may be pledged or sold during the term of the transactions and must be returned upon maturity of the transaction. These terms also give each counterparty the right to terminate the related transactions upon the other counterparty’s failure to post collateral. Financial collateral received or pledged for OTC derivatives may also be subject to collateral agreements which restrict the use of financial collateral. For derivatives transacted with exchanges (exchange-traded derivatives) and central clearing counterparties (OTC-cleared derivatives), positive and negative replacement values (PRV/NRV) and related cash collateral may be offset if the terms of the rules and regulations governing these exchanges and central clearing counterparties permit such netting and offset. Where no such agreements or terms exist, fair values are recorded on a gross basis. Exchange-traded derivatives or OTC-cleared derivatives, which are fully margined and for which the daily margin payments constitute settlement of the outstanding exposure, are not included in the offsetting disclosures because they are not subject to offsetting due to the daily settlement. The daily margin payments, which are not settled until the next settlement cycle is conducted, are presented in brokerage receivables or brokerage payables. The notional amount for these daily settled derivatives is included in the fair value of derivative instruments table in “Note 33 – Derivatives and hedging activities”. Under US GAAP, the Group elected to account for substantially all financial instruments with an embedded derivative that is not considered clearly and closely related to the host contract at fair value. There is an exception for certain bifurcatable hybrid debt instruments which the Group did not elect to account for at fair value. However, these bifurcated embedded derivatives are generally not subject to enforceable master netting agreements and are not recorded as derivative instruments under trading assets and liabilities or other assets and other liabilities. Information on bifurcated embedded derivatives has therefore not been included in the offsetting disclosures. The following table presents the gross amount of derivatives subject to enforceable master netting agreements by contract and transaction type, the amount of offsetting, the amount of derivatives not subject to enforceable master netting agreements and the net amount presented in the consolidated balance sheets. Offsetting of derivatives 2021 2020 Derivative Derivative Derivative Derivative Gross derivatives subject to enforceable master netting agreements (CHF billion) OTC-cleared 4.4 4.0 6.1 4.6 OTC 44.4 40.3 68.2 65.7 Exchange-traded 0.1 0.0 0.5 0.6 Interest rate products 48.9 44.3 74.8 70.9 OTC-cleared 0.2 0.2 0.2 0.2 OTC 20.0 22.0 23.1 27.7 Foreign exchange products 20.2 22.2 23.3 27.9 OTC 8.2 13.0 10.7 15.1 Exchange-traded 22.7 21.4 19.9 20.4 Equity/index-related products 30.9 34.4 30.6 35.5 OTC-cleared 1.3 1.4 0.7 0.7 OTC 3.3 4.3 3.9 4.9 Credit derivatives 4.6 5.7 4.6 5.6 OTC 1.4 0.5 1.6 0.7 Exchange-traded 0.1 0.1 0.1 0.1 Other products 1 1.5 0.6 1.7 0.8 OTC-cleared 5.9 5.6 7.0 5.5 OTC 77.3 80.1 107.5 114.1 Exchange-traded 22.9 21.5 20.5 21.1 Total gross derivatives subject to enforceable master netting agreements 106.1 107.2 135.0 140.7 Offsetting (CHF billion) OTC-cleared (5.6) (5.3) (6.2) (5.4) OTC (68.4) (74.6) (94.4) (104.3) Exchange-traded (21.0) (21.0) (20.0) (20.3) Offsetting (95.0) (100.9) (120.6) (130.0) of which counterparty netting (83.0) (83.0) (103.2) (103.2) of which cash collateral netting (12.0) (17.9) (17.4) (26.8) Net derivatives presented in the consolidated balance sheets (CHF billion) OTC-cleared 0.3 0.3 0.8 0.1 OTC 8.9 5.5 13.1 9.8 Exchange-traded 1.9 0.5 0.5 0.8 Total net derivatives subject to enforceable master netting agreements 11.1 6.3 14.4 10.7 Total derivatives not subject to enforceable master netting agreements 2 6.7 4.3 11.2 6.8 Total net derivatives presented in the consolidated balance sheets 17.8 10.6 25.6 17.5 of which recorded in trading assets and trading liabilities 17.6 10.6 25.5 17.5 of which recorded in other assets and other liabilities 0.2 0.0 0.1 0.0 1 Primarily precious metals, commodity and energy products. 2 Represents derivatives where a legal opinion supporting the enforceability of netting in the event of default or termination under the agreement is not in place. Reverse repurchase and repurchase agreements and securities lending and borrowing transactions Reverse repurchase and repurchase agreements are generally covered by master repurchase agreements. In certain situations, for example, in the event of default, all contracts under the agreements are terminated and are settled net in one single payment. Master repurchase agreements also include payment or settlement netting provisions in the normal course of business that state that all amounts in the same currency payable by each party to the other under any transaction or otherwise under the master repurchase agreement on the same date shall be set off. As permitted by US GAAP the Group has elected to net transactions under such agreements in the consolidated balance sheet when specific conditions are met. Transactions are netted if, among other conditions, they are executed with the same counterparty, have the same explicit settlement date specified at the inception of the transactions, are settled through the same securities transfer system and are subject to the same enforceable master netting agreement. The amounts offset are measured on the same basis as the underlying transaction (i.e., on an accrual basis or fair value basis). Securities lending and borrowing transactions are generally executed under master securities lending agreements with netting terms similar to ISDA Master Agreements. In certain situations, for example in the event of default, all contracts under the agreement are terminated and are settled net in one single payment. Transactions under these agreements are netted in the consolidated balance sheets if they meet the same right of offset criteria as for reverse repurchase and repurchase agreements. In general, most securities lending and borrowing transactions do not meet the criterion of having the same settlement date specified at inception of the transaction, and therefore they are not eligible for netting in the consolidated balance sheets. However, securities lending and borrowing transactions with explicit maturity dates may be eligible for netting in the consolidated balance sheets. Reverse repurchase and repurchase agreements are collateralized principally by government securities, money market instruments and corporate bonds and have terms ranging from overnight to a longer or unspecified period of time. In the event of counterparty default, the reverse repurchase agreement or securities lending agreement provides the Group with the right to liquidate the collateral held. As is the case in the Group’s normal course of business, a significant portion of the collateral received that may be sold or repledged was sold or repledged as of December 31, 2021 and December 31, 2020. In certain circumstances, financial collateral received may be restricted during the term of the agreement (e.g., in tri-party arrangements). The following table presents the gross amount of securities purchased under resale agreements and securities borrowing transactions subject to enforceable master netting agreements, the amount of offsetting, the amount of securities purchased under resale agreements and securities borrowing transactions not subject to enforceable master netting agreements and the net amount presented in the consolidated balance sheets. Offsetting of securities purchased under resale agreements and securities borrowing transactions 2021 2020 Net Net Securities purchased under resale agreements and securities borrowing transactions (CHF billion) Securities purchased under resale agreements 74.1 (16.6) 57.5 55.8 (7.5) 48.3 Securities borrowing transactions 22.2 0.0 22.2 25.1 (0.4) 24.7 Total subject to enforceable master netting agreements 96.3 (16.6) 79.7 80.9 (7.9) 73.0 Total not subject to enforceable master netting agreements 1 24.2 – 24.2 19.3 – 19.3 Total 120.5 (16.6) 103.9 2 100.2 (7.9) 92.3 2 1 Represents securities purchased under resale agreements and securities borrowing transactions where a legal opinion supporting the enforceability of netting in the event of default or termination under the agreement is not in place. 2 CHF 68,623 57,994 The following table presents the gross amount of securities sold under repurchase agreements and securities lending transactions subject to enforceable master netting agreements, the amount of offsetting, the amount of securities sold under repurchase agreements and securities lending transactions not subject to enforceable master netting agreements and the net amount presented in the consolidated balance sheets. Offsetting of securities sold under repurchase agreements and securities lending transactions 2021 2020 Net Net Securities sold under repurchase agreements and securities lending transactions (CHF billion) Securities sold under repurchase agreements 32.2 (16.6) 15.6 26.0 (7.9) 18.1 Securities lending transactions 15.4 0.0 15.4 16.6 0.0 16.6 Obligation to return securities received as collateral, at fair value 14.7 0.0 14.7 49.9 0.0 49.9 Total subject to enforceable master netting agreements 62.3 (16.6) 45.7 92.5 (7.9) 84.6 Total not subject to enforceable master netting agreements 1 4.6 – 4.6 3.1 – 3.1 Total 66.9 (16.6) 50.3 95.6 (7.9) 87.7 of which securities sold under repurchase agreements and securities lending transactions 51.9 (16.6) 35.3 2 44.8 (7.9) 36.9 2 of which obligation to return securities received as collateral, at fair value 15.0 0.0 15.0 50.8 0.0 50.8 1 Represents securities sold under repurchase agreements and securities lending transactions where a legal opinion supporting the enforceability of netting in the event of default or termination under the agreement is not in place. 2 CHF 13,213 13,594 The following table presents the net amount presented in the consolidated balance sheets of financial assets and liabilities subject to enforceable master netting agreements and the gross amount of financial instruments and cash collateral not offset in the consolidated balance sheets. The table excludes derivatives, reverse repurchase and repurchase agreements and securities lending and borrowing transactions not subject to enforceable master netting agreements where a legal opinion supporting the enforceability of netting in the event of default or termination under the agreement is not in place. Net exposure reflects risk mitigation in the form of collateral. Amounts not offset in the consolidated balance sheets 2021 2020 1 Cash 1 1 Cash 1 Financial assets subject to enforceable master netting agreements (CHF billion) Derivatives 11.1 4.5 0.0 6.6 14.4 5.5 0.1 8.8 Securities purchased under resale agreements 57.5 57.5 0.0 0.0 48.3 48.3 0.0 0.0 Securities borrowing transactions 22.2 21.9 0.0 0.3 24.7 24.3 0.0 0.4 Total financial assets subject to enforceable master netting agreements 90.8 83.9 0.0 6.9 87.4 78.1 0.1 9.2 Financial liabilities subject to enforceable master netting agreements (CHF billion) Derivatives 6.3 1.3 0.0 5.0 10.7 2.2 0.0 8.5 Securities sold under repurchase agreements 15.6 15.5 0.1 0.0 18.1 18.1 0.0 0.0 Securities lending transactions 15.4 15.3 0.0 0.1 16.6 16.3 0.0 0.3 Obligation to return securities received as collateral, at fair value 14.7 13.0 0.0 1.7 49.9 43.4 0.0 6.5 Total financial liabilities subject to enforceable master netting agreements 52.0 45.1 0.1 6.8 95.3 80.0 0.0 15.3 1 The total amount reported in financial instruments (recognized financial assets and financial liabilities and non-cash financial collateral) and cash collateral is limited to the amount of the related instruments presented in the consolidated balance sheets and therefore any over-collateralization of these positions is not included. Net exposure is subject to further credit mitigation through the transfer of the exposure to other market counterparties by the use of credit default swaps (CDS) and credit insurance contracts. Therefore the net exposure presented in the table above is not representative of the Group’s counterparty exposure.
Bank
Offsetting of financial assets and financial liabilities	27 Offsetting of financial assets and financial liabilities > Refer to “Note 28 – Offsetting of financial assets and financial liabilities” in VI – Consolidated financial statements – Credit Suisse Group for further information. Offsetting of derivatives 2021 2020 Derivative Derivative Derivative Derivative Gross derivatives subject to enforceable master netting agreements (CHF billion) OTC-cleared 4.4 4.0 6.1 4.6 OTC 44.5 40.3 68.2 65.7 Exchange-traded 0.1 0.0 0.5 0.6 Interest rate products 49.0 44.3 74.8 70.9 OTC-cleared 0.2 0.2 0.2 0.2 OTC 20.0 22.0 23.1 27.7 Foreign exchange products 20.2 22.2 23.3 27.9 OTC 8.2 13.0 10.7 15.1 Exchange-traded 22.7 21.4 19.9 20.4 Equity/index-related products 30.9 34.4 30.6 35.5 OTC-cleared 1.3 1.4 0.7 0.7 OTC 3.3 4.3 3.9 4.9 Credit derivatives 4.6 5.7 4.6 5.6 OTC 1.4 0.5 1.6 0.8 Exchange-traded 0.1 0.1 0.1 0.1 Other products 1 1.5 0.6 1.7 0.9 OTC-cleared 5.9 5.6 7.0 5.5 OTC 77.4 80.1 107.5 114.2 Exchange-traded 22.9 21.5 20.5 21.1 Total gross derivatives subject to enforceable master netting agreements 106.2 107.2 135.0 140.8 Offsetting (CHF billion) OTC-cleared (5.6) (5.3) (6.2) (5.4) OTC (68.5) (74.6) (94.4) (104.4) Exchange-traded (21.0) (21.0) (20.0) (20.3) Offsetting (95.1) (100.9) (120.6) (130.1) of which counterparty netting (83.0) (83.0) (103.2) (103.2) of which cash collateral netting (12.1) (17.9) (17.4) (26.9) Net derivatives presented in the consolidated balance sheets (CHF billion) OTC-cleared 0.3 0.3 0.8 0.1 OTC 8.9 5.5 13.1 9.8 Exchange-traded 1.9 0.5 0.5 0.8 Total net derivatives subject to enforceable master netting agreements 11.1 6.3 14.4 10.7 Total derivatives not subject to enforceable master netting agreements 2 6.7 4.3 11.2 6.8 Total net derivatives presented in the consolidated balance sheets 17.8 10.6 25.6 17.5 of which recorded in trading assets and trading liabilities 17.6 10.6 25.5 17.5 of which recorded in other assets and other liabilities 0.2 0.0 0.1 0.0 1 Primarily precious metals, commodity and energy products. 2 Represents derivatives where a legal opinion supporting the enforceability of netting in the event of default or termination under the agreement is not in place. Offsetting of securities purchased under resale agreements and securities borrowing transactions 2021 2020 Net Net Securities purchased under resale agreements and securities borrowing transactions (CHF billion) Securities purchased under resale agreements 74.1 (16.6) 57.5 55.8 (7.5) 48.3 Securities borrowing transactions 22.2 0.0 22.2 25.1 (0.4) 24.7 Total subject to enforceable master netting agreements 96.3 (16.6) 79.7 80.9 (7.9) 73.0 Total not subject to enforceable master netting agreements 1 24.2 – 24.2 19.3 – 19.3 Total 120.5 (16.6) 103.9 2 100.2 (7.9) 92.3 2 1 Represents securities purchased under resale agreements and securities borrowing transactions where a legal opinion supporting the enforceability of netting in the event of default or termination under the agreement is not in place. 2 CHF 68,623 million and CHF 57,994 million of the total net amount as of the end of 2021 and 2020, respectively, are reported at fair value. Offsetting of securities sold under repurchase agreements and securities lending transactions 2021 2020 Net Net Securities sold under repurchase agreements and securities lending transactions (CHF billion) Securities sold under repurchase agreements 32.3 (16.6) 15.7 26.1 (7.9) 18.2 Securities lending transactions 15.4 0.0 15.4 16.6 0.0 16.6 Obligation to return securities received as collateral, at fair value 14.7 0.0 14.7 49.9 0.0 49.9 Total subject to enforceable master netting agreements 62.4 (16.6) 45.8 92.6 (7.9) 84.7 Total not subject to enforceable master netting agreements 1 4.6 – 4.6 3.1 – 3.1 Total 67.0 (16.6) 50.4 95.7 (7.9) 87.8 of which securities sold under repurchase agreements and securities lending transactions 52.0 (16.6) 35.4 2 44.9 (7.9) 37.0 2 of which obligation to return securities received as collateral, at fair value 15.0 0.0 15.0 50.8 0.0 50.8 1 Represents securities sold under repurchase agreements and securities lending transactions where a legal opinion supporting the enforceability of netting in the event of default or termination under the agreement is not in place. 2 CHF 13,307 million and CHF 13,688 million of the total net amount as of the end of 2021 and 2020, respectively, are reported at fair value. Amounts not offset in the consolidated balance sheets 2021 2020 1 Cash 1 1 Cash 1 Financial assets subject to enforceable master netting agreements (CHF billion) Derivatives 11.1 4.5 0.0 6.6 14.4 5.5 0.1 8.8 Securities purchased under resale agreements 57.5 57.5 0.0 0.0 48.3 48.3 0.0 0.0 Securities borrowing transactions 22.2 21.9 0.0 0.3 24.7 24.3 0.0 0.4 Total financial assets subject to enforceable master netting agreements 90.8 83.9 0.0 6.9 87.4 78.1 0.1 9.2 Financial liabilities subject to enforceable master netting agreements (CHF billion) Derivatives 6.3 1.3 0.0 5.0 10.7 2.2 0.0 8.5 Securities sold under repurchase agreements 15.7 15.6 0.1 0.0 18.2 18.2 0.0 0.0 Securities lending transactions 15.4 15.3 0.0 0.1 16.6 16.3 0.0 0.3 Obligation to return securities received as collateral, at fair value 14.7 13.0 0.0 1.7 49.9 43.4 0.0 6.5 Total financial liabilities subject to enforceable master netting agreements 52.1 45.2 0.1 6.8 95.4 80.1 0.0 15.3 1 The total amount reported in financial instruments (recognized financial assets and financial liabilities and non-cash financial collateral) and cash collateral is limited to the amount of the related instruments presented in the consolidated balance sheets and therefore any over-collateralization of these positions is not included.

Tax

Tax	12 Months Ended
	Dec. 31, 2021
Tax	29 Tax Details of current and deferred taxes in 2021 2020 2019 Current and deferred taxes (CHF million) Switzerland 316 163 175 Foreign 485 204 531 Current income tax expense 801 367 706 Switzerland 222 450 171 Foreign 3 (16) 418 Deferred income tax expense 225 434 589 Income tax expense 1,026 801 1,295 Income tax expense/(benefit) reported in shareholders' equity related to: Gains/(losses) on cash flow hedges (63) 25 13 Cumulative translation adjustment 4 0 (4) Unrealized gains/(losses) on debt securities 0 (6) 7 Actuarial gains/(losses) 228 (18) 99 Net prior service credit/(cost) (23) (33) 58 Share-based compensation and treasury shares (4) (4) (5) Reconciliation of taxes computed at the Swiss statutory rate in 2021 2020 2019 Income/(loss) before taxes (CHF million) Switzerland 257 1,770 2,985 Foreign (857) 1,697 1,735 Income/(loss) before taxes (600) 3,467 4,720 Reconciliation of taxes computed at the Swiss statutory rate (CHF million) Income tax expense/(benefit) computed at the statutory tax rate 1 (111) 693 1,038 Increase/(decrease) in income taxes resulting from Foreign tax rate differential 370 (62) (101) Non-deductible amortization of other intangible assets and goodwill impairment (300) 0 1 Other non-deductible expenses 386 254 371 Additional taxable income 15 8 7 Lower taxed income (146) (234) (325) (Income)/loss taxable to noncontrolling interests 11 18 8 Changes in tax law and rates (33) (6) (28) Changes in deferred tax valuation allowance 621 322 116 Change in recognition of outside basis difference 2 (9) 4 (Windfall tax benefits) /shortfall tax charges on share-based compensation 37 76 39 Other 174 (259) 165 Income tax expense 1,026 801 1,295 1 The statutory tax rate was 18.5% in 2021, 20% in 2020 and 22% in 2019. 2021 Foreign tax rate differential Other non-deductible expenses Lower taxed income Changes in deferred tax valuation allowances Other 2020 Foreign tax rate differential Other non-deductible expenses Lower taxed income Changes in deferred tax valuation allowances Other The US tax reform enacted in December 2017 introduced the BEAT tax regime, effective as of January 1, 2018, for which final regulations were issued by the US Department of Treasury on December 2, 2019. Following the publication of the 2019 financial statements, Credit Suisse continued its analysis of the final regulations, resulting in a revision to the technical application of the prior BEAT estimate. This new information was not available or reasonably knowable at the time of the publication of the 2019 financial statements and resulted in a change of accounting estimate reflected in 2020. 2019 Foreign tax rate differential Other non-deductible expenses Lower taxed income Changes in deferred tax valuation allowances Other Deferred tax assets and liabilities end of 2021 2020 Deferred tax assets and liabilities (CHF million) Compensation and benefits 844 931 Loans 485 653 Investment securities 1,257 1,347 Provisions 1,358 999 Leases 367 384 Derivatives 58 53 Real estate 258 175 Net operating loss carry-forwards 7,120 5,425 Goodwill and intangible assets 135 209 Other 171 119 Gross deferred tax assets before valuation allowance 12,053 10,295 Less valuation allowance (6,072) (4,465) Gross deferred tax assets net of valuation allowance 5,981 5,830 Compensation and benefits (973) (666) Loans (305) (352) Investment securities (722) (523) Provisions (298) (333) Leases (358) (365) Derivatives (218) (231) Real estate (46) (36) Other (108) (187) Gross deferred tax liabilities (3,028) (2,693) Net deferred tax assets 2,953 3,137 of which deferred tax assets 3,707 3,667 of which net operating losses 881 1,070 of which deductible temporary differences 2,826 2,597 of which deferred tax liabilities (754) (530) Net deferred tax assets of CHF 2,953 million decreased CHF 184 million from 2020 to 2021, primarily driven by earnings and a pension plan re-measurement recorded in equity and OCI. These decreases were partially offset by the impact of the partial tax benefit of the loss related to Archegos attributable to non-UK operations, for which the Group recognized a deferred tax asset, and the impact of foreign exchange translation gains, which are included within the currency translation adjustments recorded in OCI. The most significant deferred tax assets arose in the US, which increased from CHF 3,040 million in 2020 to CHF 3,089 million in 2021. No valuation allowance was required on the US deferred tax assets as of the end of 2021. The Group recorded a valuation allowance against gross deferred tax assets in the amount of CHF 6.1 billion as of December 31, 2021 compared to CHF 4.5 billion as of December 31, 2020. This was due to the uncertainty concerning its ability to generate the necessary amount and mix of taxable income in future periods. It also reflected a CHF 1.0 billion increase due to the re-measurement of gross deferred tax assets in the UK due to changes to tax rates in 2021. Additionally, this included an increase due to participation impairments in one of the Group‘s operating entity in Switzerland, partially offset by a decrease due to changes in scope of consolidation. Unrecognized deferred tax liabilities As of December 31, 2021, the Group had accumulated undistributed earnings from foreign subsidiaries of CHF 20.0 billion. No deferred tax liability was recorded in respect of those amounts, as these earnings are considered indefinitely reinvested. The Group would need to accrue and pay taxes on these undistributed earnings if such earnings were repatriated. It is not practicable to estimate the amount of unrecognized deferred tax liabilities for these undistributed foreign earnings. Amounts and expiration dates of net operating loss carry-forwards end of 2021 Total Net operating loss carry-forwards (CHF million) Due to expire within 1 year 70 Due to expire within 2 to 5 years 4,782 Due to expire within 6 to 10 years 9,092 Due to expire within 11 to 20 years 6,154 Amount due to expire 20,098 Amount not due to expire 19,038 Total net operating loss carry-forwards 39,136 Movements in the valuation allowance in 2021 2020 2019 Movements (CHF million) Balance at beginning of period 4,465 4,136 4,021 Net changes 1,607 329 115 Balance at end of period 6,072 4,465 4,136 As part of its normal practice, the Group conducted a detailed evaluation of its expected future results. This evaluation was dependent on management estimates and assumptions in developing the expected future results, which were based on a strategic business planning process influenced by current economic conditions and assumptions of future economic conditions that are subject to change. This evaluation took into account both positive and negative evidence related to expected future taxable income and also considered stress scenarios. This evaluation has indicated the expected future results that are likely to be earned in jurisdictions where the Group has significant gross deferred tax assets, primarily in the US, Switzerland and the UK. The Group then compared those expected future results with the applicable law governing the utilization of deferred tax assets. US tax law allowed for a 20-year carry-forward period for existing NOLs as of the end of 2017, federal NOLs generated in tax years from 2018, 2019 and 2020 can be carried back for five years and any new NOLs will have an unlimited carry-forward period. UK tax law allows for an unlimited carry-forward period for NOLs, and even though there are restrictions on the use of tax losses carried forward, these restrictions are not expected to have a material impact on the recoverability of the net deferred tax assets. Swiss tax law allows for a seven Tax benefits associated with share-based compensation in 2021 2020 2019 Tax benefits (CHF million) Tax benefits recorded in the consolidated statements of operations 1 234 264 263 1 Calculated at the statutory tax rate before valuation allowance considerations. > Refer to “Note 30 – Employee deferred compensation” for further information on share-based compensation. If, upon settlement of share-based compensation, the tax deduction exceeds the cumulative compensation cost that the Group has recognized in the consolidated financial statements, the utilized tax benefit associated with any excess deduction is considered a “windfall” and recognized in the consolidated statements of operations and reflected as an operating cash inflow in the consolidated statements of cash flows. If, upon settlement, the tax deduction is lower than the cumulative compensation cost that the Group has recognized in the consolidated financial statements, the tax charge associated with the lower deduction is considered a “shortfall”. Tax charges arising on shortfalls are recognized in the consolidated statements of operations. Uncertain tax positions US GAAP requires a two-step process in evaluating uncertain income tax positions. In the first step, an enterprise determines whether it is more likely than not that an income tax position will be sustained upon examination, including resolution of any related appeals or litigation processes, based on the technical merits of the position. Income tax positions meeting the more-likely-than-not recognition threshold are then measured to determine the amount of benefit eligible for recognition in the consolidated financial statements. Each income tax position is measured at the largest amount of tax benefit that is more likely than not to be realized upon ultimate settlement. Reconciliation of gross unrecognized tax benefits 2021 2020 2019 Movements in gross unrecognized tax benefits (CHF million) Balance at beginning of period 382 595 574 Increases in unrecognized tax benefits as a result of tax positions taken during a prior period 23 14 27 Decreases in unrecognized tax benefits as a result of tax positions taken during a prior period (35) (249) (64) Increases in unrecognized tax benefits as a result of tax positions taken during the current period 54 90 105 Decreases in unrecognized tax benefits relating to settlements with tax authorities 0 (3) 0 Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations (6) (17) (35) Other (including foreign currency translation) 7 (48) (12) Balance at end of period 425 382 595 of which, if recognized, would affect the effective tax rate 425 382 595 Interest and penalties in 2021 2020 2019 Interest and penalties (CHF million) Interest and penalties recognized in the consolidated statements of operations 3 (16) (10) Interest and penalties recognized in the consolidated balance sheets 64 61 77 Interest and penalties are reported as tax expense. The Group is currently subject to ongoing tax audits, inquiries and litigation with the tax authorities in a number of jurisdictions, including Brazil, the Netherlands, Switzerland, the US and the UK. Although the timing of completion is uncertain, it is reasonably possible that some of these will be resolved within 12 months of the reporting date. It is reasonably possible that there will be a decrease of between zero and CHF 190 million in unrecognized tax benefits within 12 months of the reporting date. The Group remains open to examination from federal, state, provincial or similar local jurisdictions from the following years onward in these major countries: Switzerland – 2019 (federal and Zurich cantonal level); Brazil – 2016; the UK – 2012; the Netherlands – 2011 and the US – 2010.
Bank
Tax	28 Tax Details of current and deferred taxes in 2021 2020 2019 Current and deferred taxes (CHF million) Switzerland 302 151 164 Foreign 472 188 518 Current income tax expense 774 339 682 Switzerland 156 367 194 Foreign 8 (9) 422 Deferred income tax expense 164 358 616 Income tax expense 938 697 1,298 Income tax expense/(benefit) reported in shareholders' equity related to: Gains/(losses) on cash flow hedges (62) 25 13 Cumulative translation adjustment 4 0 (4) Unrealized gains/(losses) on debt securities (4) (6) 7 Actuarial gains/(losses) 0 (19) 4 Net prior service cost 0 1 0 Reconciliation of taxes computed at the Swiss statutory rate in 2021 2020 2019 Income/(loss) before taxes (CHF million) Switzerland 1,659 2,477 3,259 Foreign (1,750) 734 1,134 Income/(loss) before taxes (91) 3,211 4,393 Reconciliation of taxes computed at the Swiss statutory rate (CHF million) Income tax expense/(benefit) computed at the statutory tax rate 1 (17) 642 966 Increase/(decrease) in income taxes resulting from Foreign tax rate differential 92 (64) (109) Non-deductible amortization of other intangible assets and goodwill impairment (181) 0 1 Other non-deductible expenses 369 253 368 Additional taxable income 15 8 7 Lower taxed income (129) (221) (314) (Income)/loss taxable to noncontrolling interests 12 18 8 Changes in tax law and rates (29) (5) 9 Changes in deferred tax valuation allowance 612 281 114 Change in recognition of outside basis difference 3 (13) 4 (Windfall tax benefits)/shortfall tax charges on share-based compensation 37 75 39 Other 154 (277) 205 Income tax expense 938 697 1,298 1 The statutory tax rate was 18.5% in 2021, 20% in 2020 and 22% in 2019. 2021 Foreign tax rate differential Other non-deductible expenses Lower taxed income Changes in deferred tax valuation allowances Other 2020 Foreign tax rate differential Other non-deductible expenses Lower taxed income Changes in deferred tax valuation allowances Other The US tax reform enacted in December 2017 introduced the BEAT tax regime, effective as of January 1, 2018, for which final regulations were issued by the US Department of Treasury on December 2, 2019. Following the publication of the 2019 financial statements, Credit Suisse continued its analysis of the final regulations, resulting in a revision to the technical application of the prior BEAT estimate. This new information was not available or reasonably knowable at the time of the publication of the 2019 financial statements and resulted in a change of accounting estimate reflected in 2020. 2019 Foreign tax rate differential Other non-deductible expenses Lower taxed income platform to Allfunds Group and SIX Group AG equity investment revaluation gain in Switzerland, CHF 73 million related to non-taxable life insurance income, CHF 45 million related to non-taxable dividend income, CHF 20 million related to concessionary and lower taxed income, CHF 14 million related to exempt income and various smaller items. Changes in deferred tax valuation allowances Other Deferred tax assets and liabilities end of 2021 2020 Deferred tax assets and liabilities (CHF million) Compensation and benefits 832 916 Loans 319 342 Investment securities 1,257 1,347 Provisions 1,357 999 Leases 228 254 Derivatives 46 51 Real estate 250 168 Net operating loss carry-forwards 6,382 5,278 Goodwill and intangible assets 135 209 Other 151 107 Gross deferred tax assets before valuation allowance 10,957 9,671 Less valuation allowance (5,338) (4,323) Gross deferred tax assets net of valuation allowance 5,619 5,348 Compensation and benefits (355) (304) Loans (131) (60) Investment securities (722) (523) Provisions (297) (332) Leases (216) (233) Derivatives (218) (211) Real estate (38) (36) Other (98) (176) Gross deferred tax liabilities (2,075) (1,875) Net deferred tax assets 3,544 3,473 of which deferred tax assets 3,666 3,630 of which net operating losses 877 1,064 of which deductible temporary differences 2,789 2,566 of which deferred tax liabilities (122) (157) Net deferred tax assets of CHF 3,544 million increased CHF 71 million from 2020 to 2021, primarily driven by the impact of the partial tax benefit of the loss related to Archegos attributable to non-UK operations, for which the Bank recognized a deferred tax asset, and the impact of foreign exchange translation gains, which are included within the currency translation adjustments recorded in OCI. These increases were partially offset by earnings. The most significant net deferred tax assets arise in the US and these increased from CHF 3,040 million in 2020 to CHF 3,089 million in 2021. No valuation allowance was required on the US deferred tax assets as of the end of 2021. The Bank recorded a valuation allowance against gross deferred tax assets in the amount of CHF 5.3 billion as of December 31, 2021, compared to CHF 4.3 billion as of December 31, 2020. This was due to the uncertainty concerning its ability to generate the necessary amount and mix of taxable income in future periods. It also reflected a CHF 0.9 billion increase due to the re-measurement of gross deferred tax assets in the UK due to changes to tax rates in 2021. Additionally, this was partially offset by a decrease due to changes in scope of consolidation. Unrecognized deferred tax liabilities As of December 31, 2021, the Bank had accumulated undistributed earnings from foreign subsidiaries of CHF 19.5 billion. No deferred tax liability was recorded in respect of those amounts as these earnings are considered indefinitely reinvested. The Bank would need to accrue and pay taxes on these undistributed earnings if such earnings were repatriated. It is not practicable to estimate the amount of unrecognized deferred tax liabilities for these undistributed foreign earnings. Amounts and expiration dates of net operating loss carry-forwards end of 2021 Total Net operating loss carry-forwards (CHF million) Due to expire within 1 year 70 Due to expire within 2 to 5 years 4,085 Due to expire within 6 to 10 years 5,150 Due to expire within 11 to 20 years 6,154 Amount due to expire 15,459 Amount not due to expire 19,025 Total net operating loss carry-forwards 34,484 Movements in the valuation allowance in 2021 2020 2019 Movements (CHF million) Balance at beginning of period 4,323 4,067 3,957 Net changes 1,015 256 110 Balance at end of period 5,338 4,323 4,067 Tax benefits associated with share-based compensation in 2021 2020 2019 Tax benefits (CHF million) Tax benefits recorded in the consolidated statements of operations 1 227 252 256 1 Calculated at the statutory tax rate before valuation allowance considerations. > Refer to “Note 29 – Employee deferred compensation” for further information on share-based compensation. Uncertain tax positions Reconciliation of gross unrecognized tax benefits in 2021 2020 2019 Movements in gross unrecognized tax benefits (CHF million) Balance at beginning of period 382 595 574 Increases in unrecognized tax benefits as a result of tax positions taken during a prior period 23 14 27 Decreases in unrecognized tax benefits as a result of tax positions taken during a prior period (35) (249) (64) Increases in unrecognized tax benefits as a result of tax positions taken during the current period 54 90 105 Decreases in unrecognized tax benefits relating to settlements with tax authorities 0 (3) 0 Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations (6) (17) (35) Other (including foreign currency translation) 7 (48) (12) Balance at end of period 425 382 595 of which, if recognized, would affect the effective tax rate 425 382 595 Interest and penalties in 2021 2020 2019 Interest and penalties (CHF million) Interest and penalties recognized in the consolidated statements of operations 3 (16) (10) Interest and penalties recognized in the consolidated balance sheets 64 61 77 Interest and penalties are reported as tax expense. The Bank is currently subject to ongoing tax audits, inquiries and litigation with the tax authorities in a number of jurisdictions, including Brazil, the Netherlands, Switzerland, the UK and the US. Although the timing of completion is uncertain, it is reasonably possible that some of these will be resolved within 12 months of the reporting date. It is reasonably possible that there will be a decrease of between zero and CHF 190 million in unrecognized tax benefits within 12 months of the reporting date. The Bank remains open to examination from federal, state, provincial or similar local jurisdictions from the following years onward in these major countries: Switzerland – 2019 (federal and Zurich cantonal level); Brazil – 2016; the UK – 2012; Netherlands – 2011; and the US – 2010. > Refer to “Note 29 – Tax” in VI – Consolidated financial statements – Credit Suisse Group for further information.

Employee deferred compensation

Employee deferred compensation	12 Months Ended
	Dec. 31, 2021
Employee deferred compensation	30 Employee deferred compensation Payment of deferred compensation to employees is determined by the nature of the business, role, location and performance of the employee. Unless there is a contractual obligation, granting deferred compensation is solely at the discretion of the Compensation Committee and senior management. Special deferred compensation granted as part of a contractual obligation is typically used to compensate new senior employees for forfeited awards from previous employers upon joining the Group. It is the Group’s policy not to make multi-year guarantees. Compensation expense recognized in the consolidated statement of operations for share-based and other awards that were granted as deferred compensation is recognized in accordance with the specific terms and conditions of each respective award and is primarily recognized over the future requisite service and vesting period, which is determined by the plan, retirement eligibility of employees and certain other terms. All deferred compensation plans are subject to restrictive covenants, which generally include non-compete and non-solicit provisions. Compensation expense for share-based and other awards that were granted as deferred compensation also includes the current estimated outcome of applicable performance criteria, estimated future forfeitures and mark-to-market adjustments for certain cash awards that are still outstanding. The following tables show the compensation expense for deferred compensation awards granted in 2021 and prior years that was recognized in the consolidated statements of operations during 2021, 2020 and 2019, the total shares delivered, the estimated unrecognized compensation expense for deferred compensation awards granted in 2021 and prior years outstanding as of December 31, 2021 and the remaining requisite service period over which the estimated unrecognized compensation expense will be recognized. The estimated unrecognized compensation expense was based on the fair value of each award on the grant date and included the current estimated outcome of relevant performance criteria and estimated future forfeitures but no estimate for future mark-to-market adjustments. The recognition of compensation expense for the deferred compensation awards granted in February 2022 began in 2022 and thus had no impact on the 2021 consolidated financial statements. Deferred compensation awards for 2021 In February 2022, the Group granted share awards, performance share awards and Contingent Capital Awards (CCA) as deferred compensation. Deferred compensation was awarded to employees with total compensation of CHF/USD 250,000 or the local currency equivalent or higher. Deferred compensation expense in 2021 2020 2019 Deferred compensation expense (CHF million) Share awards 482 573 589 Performance share awards 290 448 438 Contingent Capital Awards 202 255 308 Cash awards 350 398 420 Retention awards 123 43 22 Total deferred compensation expense 1,447 1,717 1,777 Total shares delivered (million) Total shares delivered 58.5 50.7 41.8 Contingent Capital share awards are included in the category Share awards, and Capital Opportunity Facility awards are included in the category Cash awards. Prior periods have been reclassified to conform to the current presentation. Estimated unrecognized deferred compensation end of 2021 Estimated unrecognized compensation expense (CHF million) Share awards 349 Performance share awards 146 Contingent Capital Awards 134 Cash awards 223 Retention awards 284 Total 1,136 Aggregate remaining weighted-average requisite service period (years) Aggregate remaining weighted-average requisite service period 1.4 Does not include the estimated unrecognized compensation expense relating to grants made in 2022 for 2021. Share awards Share awards granted in February 2022 are similar to those granted in February 2021. Each share award granted entitles the holder of the award to receive one Group share, subject to service conditions. Share awards vest over three years with one third of the share awards vesting on each of the three anniversaries of the grant date (ratable vesting), with the exception of awards granted to individuals classified as material risk takers (MRTs), risk manager MRTs or senior managers or equivalents under the EU or UK Capital Requirements Directive V related provisions. As of February 2022, share awards granted to MRTs vest over four years with one quarter of the award vesting on each of the four anniversaries of the grant date. Share awards granted to risk manager MRTs vest over five years with one fifth of the award vesting on each of the five anniversaries of the grant date. Share awards granted to senior managers vest over seven years, with one fifth of the award vesting on each of the third to seventh anniversaries of the grant date. Share awards are expensed over the service period of the awards. The value of the share awards is solely dependent on the Group share price at the time of delivery. The Group’s share awards include other awards, such as blocked shares and special awards, which may be granted to new employees. Other share awards entitle the holder to receive one Group share and are generally subject to continued employment with the Group, contain restrictive covenants and cancellation provisions and generally vest between zero and five years. On February 11, 2022, the Group granted 27.7 million share awards with a total value of CHF 216 million. The estimated unrecognized compensation expense of CHF 224 million was determined based on the fair value of the awards on the grant date, includes the current estimated future forfeitures and will be recognized over the vesting period, subject to early retirement rules. The majority of share awards granted include the right to receive dividend equivalents on vested shares. The number of share awards granted to employees was generally determined by dividing the deferred component of variable compensation being granted as share awards by the average price of a Group share over the ten consecutive trading days which ended on February 24, 2022. The fair value of each share award was CHF 8.61, the Group share price on the grant date. Share awards granted for previous years For compensation year 2021 2020 2019 Shares awarded (million) 27.7 44.6 57.9 Value of shares awarded (CHF million) 216 592 626 Fair value of each share awarded (CHF) 1 8.61 12.59 10.81 1 Based on the Group’s share price on the grant date. In order to comply with Capital Requirements Directive V requirements and other applicable remuneration regulations, employees who hold key roles in respect of certain Group subsidiaries receive shares that are subject to transfer restrictions for 50% of the amount that would have been paid to them in cash. These shares are vested at the time of grant but remain blocked, that is, subject to transfer restrictions, for either six months or one year from the date of grant, depending on the location. On February 11, 2022, the Group granted 5.0 million blocked shares with a total value of CHF 41 million that vested immediately upon grant, have no future service requirements and were attributed to services performed in 2021. Blocked share awards granted for previous years For compensation year 2021 2020 2019 Blocked shares awarded (million) 5.0 2.6 3.2 Value of shares awarded (CHF million) 41 35 37 Share award activities 2021 2020 2019 Weighted- Weighted- Weighted- Share awards Balance at beginning of period 126.3 11.86 110.5 13.46 83.2 16.15 Granted 86.4 11.17 69.1 10.61 69.3 11.68 Settled (53.3) 12.44 (47.9) 13.76 (36.9) 16.15 Forfeited (15.6) 11.52 (5.4) 11.72 (5.1) 13.83 Balance at end of period 143.8 11.27 126.3 11.86 110.5 13.46 of which vested 13.1 – 13.5 – 11.9 – of which unvested 130.7 – 112.8 – 98.6 – Performance share awards Managing directors and all material risk takers and controllers (employees whose activities are considered to have a potentially material impact on the Group’s risk profile) received a portion of their deferred variable compensation in the form of performance share awards. Performance share awards are similar to share awards, except that the full balance of outstanding performance share awards, including those awarded in prior years, are subject to performance-based malus provisions. Performance share awards are subject to a downward adjustment in the event of a divisional loss by the division in which the employees worked as of December 31, 2021, or a negative ROE of the Group, whichever results in a larger adjustment. For employees in corporate functions and the Asset Resolution Unit, the downward adjustment only applies in the event of a negative ROE of the Group and is not linked to the performance of the divisions. The basis for the ROE calculation may vary from year to year, depending on the Compensation Committee’s determination for the year in which the performance shares are granted. A downward adjustment has been applied to outstanding performance share awards, reflecting the full year divisional loss in the Investment Bank for 2021. On February 11, 2022, the Group granted 19.4 million performance share awards with a total value of CHF 161 million. The estimated unrecognized compensation expense of CHF 156 million was determined based on the fair value of the awards on the grant date, includes the current estimated outcome of the relevant performance criteria and estimated future forfeitures and will be recognized over the vesting period, subject to early retirement rules. The majority of performance share awards granted include the right to receive dividend equivalents on vested shares. The number of performance share awards granted to employees was generally determined by dividing the deferred component of variable compensation being granted as performance share awards by the average price of a Group share over the ten consecutive trading days which ended on February 24, 2022. The fair value of each performance share award was CHF 8.61, the Group share price on the grant date. Performance share awards granted for previous years For compensation year 2021 2020 2019 Performance shares awarded (million) 19.4 37.8 50.7 Value of performance shares awarded (CHF million) 161 493 553 Fair value of each performance share awarded (CHF) 1 8.61 12.59 10.81 1 Based on the Group’s share price on the grant date. Performance share award activities 2021 2020 2019 Number of Weighted- Number of Weighted- Number of Weighted- Performance share awards Balance at beginning of period 91.7 11.66 72.4 13.38 51.7 16.33 Granted 28.5 12.70 50.9 10.63 45.4 11.60 Settled (34.5) 12.50 (29.0) 14.13 (22.8) 16.51 Forfeited (8.5) 11.78 (2.6) 11.62 (1.9) 13.67 Balance at end of period 77.2 11.66 91.7 11.66 72.4 13.38 of which vested 11.2 – 10.4 – 6.7 – of which unvested 66.0 – 81.3 – 65.7 – Contingent Capital Awards CCA were granted in February 2022, 2021 and 2020 to managing directors and directors as part of the 2021, 2020 and 2019 deferred variable compensation and have rights and risks similar to those of certain contingent capital instruments issued by the Group in the market. CCA are scheduled to vest on the third anniversary of the grant date, other than those granted to individuals classified as MRTs, risk manager MRTs or senior managers or equivalents under the EU or UK Capital Requirements Directive V related provisions. As of February 2022, CCA granted to MRTs, risk manager MRTs and senior managers vest on the fourth, fifth and seventh anniversaries of the grant date, respectively. CCA awards will be expensed over the vesting period. CCA generally provide a conditional right to receive semi-annual cash payments of interest equivalents until settled, with rates being dependent upon the vesting period and currency of denomination. CCA granted in 2022, 2021 and 2020 that vest four, five or seven years from the date of grant are not eligible for semi-annual cash payments of interest equivalents. CCA granted to certain regulated employees that vest over three years are not eligible for semi-annual cash payments of interest equivalents. ■ ■ ■ The rates were set in line with market conditions at the time of grant and existing high-trigger and low-trigger contingent capital instruments that the Group has issued. For CCA granted in February 2022, employees who received compensation in Swiss francs received CCA denominated in Swiss francs and all other employees received CCA denominated in US dollars. As CCA qualify as going concern loss-absorbing capital of the Group, the timing and form of distribution upon settlement is subject to approval by FINMA. At settlement, employees will receive either a contingent capital instrument or a cash payment based on the fair value of the CCA. The fair value will be determined by the Group. In the case of a cash settlement, the CCA award will be converted into the local currency of each respective employee. CCA have loss-absorbing features such that prior to settlement, the principal amount of the CCA would be written down to zero and forfeited if any of the following trigger events were to occur: ■ ■ On February 11, 2022, the Group awarded CHF 75 million of CCA that will be expensed over the vesting period. The estimated unrecognized compensation expense of CHF 72 million was determined based on the fair value of the awards on the grant date, including the current estimated outcome of the relevant performance criteria and estimated future forfeitures. This will be recognized over the vesting period, subject to early retirement rules. Contingent Capital Awards granted for previous years For compensation year 2021 2020 2019 CCA awarded (CHF million) 75 253 268 Cash awards Cash awards include certain special awards as well as voluntary deferred compensation plans and employee investment plans. For certain special awards, compensation expense was primarily driven by their vesting schedule; for other cash awards, compensation expense was driven by mark to market and performance adjustments, as the majority of the awards are fully vested. Deferred fixed cash awards The Group granted deferred fixed cash compensation during 2021, 2020 and 2019 of CHF 259 million, CHF 120 million and CHF 108 million, respectively, to certain employees in the Americas. This compensation has been expensed in the Investment Bank and Asset Management divisions over a three-year vesting period from the grant date. Amortization of this compensation in 2021 totaled CHF 147 million, of which CHF 115 million was related to awards granted in 2021. Upfront cash awards In February 2022, certain managing directors and directors were granted CHF 799 million of upfront cash awards as part of their 2021 variable compensation. During 2021 and 2020, the Group granted upfront cash awards of CHF 59 million and CHF 146 million, respectively. These awards are subject to repayment (clawback) by the employee in the event of voluntary resignation, termination for cause or in connection with other specified events or conditions within three years of the award grant. The amount subject to repayment is reduced in equal monthly installments during the three-year period following the grant date. The expense recognition will occur over the three-year vesting period, subject to service conditions. Amortization of this compensation in 2021 totaled CHF 80 million, of which CHF 31 million was related to awards granted in 2021. Retention awards The Group granted deferred cash and share retention awards during 2021 of CHF 395 million, mainly in the Investment Bank and International Wealth Management divisions. During 2020 and 2019, the Group granted deferred cash and share retention awards of CHF 40 million and CHF 40 million, respectively. These awards are expensed over the applicable vesting period from the grant date. Amortization of these awards in 2021 totaled CHF 123 million, of which CHF 103 million was related to awards granted in 2021. Strategic Delivery Plan In February 2022, the Group granted 62.5 million Strategic Delivery Plan (SDP) deferred share-based awards with a total value of CHF 497 million to most Managing Directors and Directors to incentivize the longer-term delivery of the Group’s strategic plan. The SDP awards are subject to service conditions and performance-based metrics over the course of 2022-2024. SDP awards are scheduled to vest on the third anniversary of the grant date, with the exception of awards granted to individuals classified as MRTs, risk manager MRTs or senior managers or equivalents under the EU or UK Capital Requirements Directive V related provisions. SDP awards granted to MRTs vest in equal annual installments over two years, commencing on the third anniversary from the grant date. SDP awards granted to risk manager MRTs vest in equal annual installments over three years, while SDP awards granted to senior managers vest in equal annual installments over five years, both commencing on the third anniversary from the grant date. Prior to settlement, the principal amount of the SDP awards will be written down to zero and forfeited if any of the following triggering events exist at the end of 2022, 2023 or 2024: ■ ■ In addition, the Compensation Committee will review and assess the overall success of the delivery of the strategic plan at a Group level over the three-year period (2022-2024) and may increase the SDP awards up to a maximum of 50% of the initial award amount. Half of the potential uplift would be granted if a pre-determined average Group return on tangible equity threshold is achieved, measured over the key strategic implementation years 2023 and 2024. The other half of the uplift may be awarded based on the Compensation Committee’s assessment of risk management and other strategic non-financial achievements. The estimated unrecognized compensation expense of CHF 504 million was determined based on the fair value of the awards on the grant date, includes the current estimated future forfeitures, excludes any potential uplift and will be recognized over the vesting period, subject to early retirement rules. The number of SDP awards granted to employees was generally determined by dividing the deferred component of variable compensation being granted as SDP awards by the average price of a Group share over the ten consecutive trading days which ended on February 24, 2022. The fair value of each SDP award was CHF 8.61, the Group share price on the grant date. The majority of SDP awards granted include the right to receive dividend equivalents on vested shares. Delivered shares The Group fully covered its share delivery obligations through market purchases in 2021, 2020 and 2019.
Bank
Employee deferred compensation	29 Employee deferred compensation The following tables show the compensation expense for deferred compensation awards granted in 2021 and prior years that was recognized in the consolidated statements of operations during 2021, 2020 and 2019, the total shares delivered, the estimated unrecognized compensation expense for deferred compensation awards granted in 2021 and prior years outstanding as of December 31, 2021 and the remaining requisite service period over which the estimated unrecognized compensation expense will be recognized. The recognition of compensation expense for the deferred compensation awards granted in February 2022 began in 2022 and thus had no impact on the 2021 consolidated financial statements. > Refer to “Note 30 – Employee deferred compensation” in VI – Consolidated financial statements – Credit Suisse Group for further information on our various awards programs. Deferred compensation expense in 2021 2020 2019 Deferred compensation expense (CHF million) Share awards 466 555 573 Performance share awards 281 427 423 Contingent Capital Awards 194 245 298 Cash awards 370 378 378 Retention awards 123 43 22 Total deferred compensation expense 1,434 1,648 1,694 Total shares delivered (million) Total shares delivered 55.7 48.3 40.1 Contingent Capital share awards are included in the category Share awards, and Capital Opportunity Facility awards are included in the category Cash awards. Prior periods have been reclassified to conform to the current presentation. Estimated unrecognized deferred compensation end of 2021 Estimated unrecognized compensation expense (CHF million) Share awards 338 Performance share awards 139 Contingent Capital Awards 129 Cash awards 221 Retention awards 284 Total 1,111 Aggregate remaining weighted-average requisite service period (years) Aggregate remaining weighted-average requisite service period 1.4 Does not include the estimated unrecognized compensation expense relating to grants made in 2022 for 2021. Share awards On February 11, 2022, the Bank granted 26.9 million share awards with a total value of CHF 210 million. The estimated unrecognized compensation expense of CHF 218 million was determined based on the fair value of the awards on the grant date, includes the current estimated future forfeitures and will be recognized over the vesting period, subject to early retirement rules. Share awards granted for previous years For compensation year 2021 2020 2019 Shares awarded (million) 26.9 43.5 55.9 Value of shares awarded (CHF million) 210 576 604 On February 11, 2022, the Bank granted 4.6 million blocked shares with a total value of CHF 38 million that vested immediately upon grant, have no future service requirements and were attributed to services performed in 2021. Blocked share awards granted for previous years For compensation year 2021 2020 2019 Blocked shares awarded (million) 4.6 2.3 2.8 Value of shares awarded (CHF million) 38 31 32 Share award activities 2021 2020 2019 Weighted- Weighted- Weighted- Share awards Balance at beginning of period 115.2 11.82 101.9 13.45 77.1 16.23 Granted 85.7 11.19 64.0 10.65 65.0 11.69 Settled (50.1) 12.44 (45.1) 13.83 (35.2) 16.20 Forfeited (15.5) 11.52 (5.6) 11.74 (5.0) 13.93 Balance at end of period 135.3 11.22 115.2 11.82 101.9 13.45 of which vested 11.8 – 12.0 – 10.9 – of which unvested 123.5 – 103.2 – 91.0 – Performance share awards On February 11, 2022, the Bank granted 18.5 million performance share awards with a total value of CHF 154 million. The estimated unrecognized compensation expense of CHF 148 million was determined based on the fair value of the awards on the grant date, includes the current estimated outcome of the relevant performance criteria and estimated future forfeitures and will be recognized over the vesting period, subject to early retirement rules. Performance share awards granted for previous years For compensation year 2021 2020 2019 Performance shares awarded (million) 18.5 36.6 48.7 Value of performance shares awarded (CHF million) 154 478 531 Performance share award activities 2021 2020 2019 Number of Weighted- Number of Weighted- Number of Weighted- Performance share awards Balance at beginning of period 88.0 11.67 69.7 13.37 50.0 16.33 Granted 27.4 12.71 48.8 10.63 43.9 11.60 Settled (33.2) 12.50 (28.0) 14.12 (22.3) 16.51 Forfeited (8.4) 11.78 (2.5) 11.64 (1.9) 13.58 Balance at end of period 73.8 11.67 88.0 11.67 69.7 13.37 of which vested 10.4 – 9.6 – 6.4 – of which unvested 63.4 – 78.4 – 63.3 – Contingent Capital Awards On February 11, 2022, the Bank awarded CHF 71 million of Contingent Capital Awards (CCA) that will be expensed over the vesting period. The estimated unrecognized compensation expense of CHF 68 million was determined based on the fair value of the awards on the grant date, including the current estimated outcome of the relevant performance criteria and estimated future forfeitures. This will be recognized over the vesting period, subject to early retirement rules. Contingent Capital Awards granted for previous years For compensation year 2021 2020 2019 CCA awarded (CHF million) 71 245 257 Cash awards Deferred fixed cash awards The Bank granted deferred fixed cash compensation during 2021, 2020 and 2019 of CHF 259 million, CHF 120 million and CHF 108 million, respectively, to certain employees in the Americas. This compensation has been expensed in the Investment Bank and Asset Management divisions over a three-year vesting period from the grant date. Amortization of this compensation in 2021 totaled CHF 147 million, of which CHF 115 million was related to awards granted in 2021. Upfront cash awards In February 2022, certain managing directors and directors were granted CHF 797 million of upfront cash awards as part of their 2021 variable compensation. During 2021 and 2020, the Bank granted upfront cash awards of CHF 59 million and CHF 146 million, respectively. These awards are subject to repayment (clawback) by the employee in the event of voluntary resignation, termination for cause or in connection with other specified events or conditions within three years of the award grant. The amount subject to repayment is reduced in equal monthly installments during the three-year period following the grant date. The expense recognition will occur over the three-year vesting period, subject to service conditions. Amortization of this compensation in 2021 totaled CHF 80 million, of which CHF 31 million was related to awards granted in 2021. Retention awards The Bank granted deferred cash and share retention awards during 2021 of CHF 395 million, mainly in the Investment Bank and International Wealth Management divisions. During 2020 and 2019, the Bank granted deferred cash and share retention awards of CHF 40 million and CHF 40 million, respectively. These awards are expensed over the applicable vesting period from the grant date. Amortization of these awards in 2021 totaled CHF 123 million, of which CHF 103 million was related to awards granted in 2021. Strategic Delivery Plan In February 2022, the Bank granted 59.5 million Strategic Delivery Plan (SDP) deferred share-based awards with a total of CHF 473 million to most Managing Directors and Directors to incentivize the longer-term delivery of the Group’s strategic plan. The SDP awards are subject to service conditions and performance-based metrics over the course of 2022-2024. The fair value of each share award was CHF 8.61, the Group share price on the grant date. The estimated unrecognized compensation expense of CHF 480 million was determined based on the fair value of the awards on the grant date, includes the current estimated future forfeitures and will be recognized over the vesting period, subject to early retirement rules.

Related parties

Related parties	12 Months Ended
	Dec. 31, 2021
Related parties	31 Related parties Parties are considered to be related if one party has the ability to control the other party or exercise significant influence over the other party in making financial or operational decisions, or if another party controls both. The Group’s related parties include key management personnel, close family members of key management personnel and entities that are controlled, significantly influenced, or for which significant voting power is held, by key management personnel or their close family members. Key management personnel are those individuals having authority and responsibility for planning, directing and controlling the activities of the Group, that is, members of the Executive Board and the Board of Directors. Banking relationships The Group is a global financial services provider. Many of the members of the Executive Board and the Board of Directors, their close family members or companies associated with them maintain banking relationships with the Group. The Group or any of its banking subsidiaries may from time to time enter into financing and other banking agreements with companies in which current members of the Executive Board or the Board of Directors have a significant influence as defined by the SEC, such as holding executive and/or board level roles in these companies. With the exception of the transactions described below, relationships with members of the Executive Board or the Board of Directors and such companies are in the ordinary course of business and are entered into on an arm’s length basis. Also, unless otherwise noted, all loans to members of the Executive Board, members of the Board of Directors, their close family members or companies associated with them were made in the ordinary course of business, were made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other persons and did not involve more than the normal risk of collectability or present other unfavorable features. As of December 31, 2021, 2020 and 2019, there were no loan exposures to such related parties that were not made in the ordinary course of business and at prevailing market conditions. Related party loans Executive Board and Board of Directors loans The majority of loans outstanding to members of the Executive Board and the Board of Directors are mortgages or loans against securities. All mortgage loans to members of the Executive Board are granted either with variable or fixed interest rates over a certain period. Typically, mortgages are granted for periods of up to ten years. Interest rates applied are based on refinancing costs plus a margin, and interest rates and other terms are consistent with those applicable to other employees. Loans against securities are granted at interest rates and on terms applicable to such loans granted to other employees. The same credit approval and risk assessment procedures apply to members of the Executive Board as for other employees. The highest loan outstanding to an Executive Board member was CHF 4 million to Ulrich Körner as of December 31, 2021. Members of the Board of Directors with loans, including the Chairman of the Board of Directors, do not benefit from employee conditions, but are subject to conditions applied to clients with a comparable credit standing. Unless otherwise noted, all loans to members of the Executive Board and the Board of Directors were made in the ordinary course of business and substantially on the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other persons. These loans did not involve more than the normal risk of collectability or present other unfavorable features. Executive Board and Board of Directors loans in 2021 2020 2019 Executive Board loans (CHF million) Balance at beginning of period 13 1 32 33 Additions 8 5 13 Reductions (4) (24) (14) Balance at end of period 17 1 13 32 Board of Directors loans (CHF million) Balance at beginning of period 9 2 9 10 Additions 2 0 3 Reductions (4) 0 (4) Balance at end of period 7 2 9 9 1 The number of individuals with outstanding loans was four at the beginning of the year and seven at the end of the year. 2 The number of individuals with outstanding loans was three at the beginning and the end of the year. Equity method investees loans The Group or its subsidiaries grant loans to equity method investees in the normal course of business. > Refer to “Note 41 – Significant subsidiaries and equity method investments” for a list of equity method investments. Loans made by the Group or any subsidiaries to equity method investees in 2021 2020 2019 Loans to equity method investees (CHF million) Balance at beginning of period 414 299 253 Net borrowings/(repayments) (36) 115 46 Balance at end of period 378 414 299 Liabilities due to own pension plans Liabilities due to the Group’s own defined benefit pension plans as of December 31, 2021 and 2020 of CHF 331 million and CHF 643 million, respectively, were reflected in various liability accounts in the Group’s consolidated balance sheets.
Bank
Related parties	30 Related parties The Group owns all of the Bank’s outstanding voting registered shares. The Bank is involved in significant financing and other transactions with subsidiaries of the Group. The Bank generally enters into these transactions in the ordinary course of business and believes that these transactions are generally on market terms that could be obtained from unrelated third parties. > Refer to “Note 31 – Related parties” in VI –Consolidated financial statements – Credit Suisse Group for further information. Related party assets and liabilities end of 2021 2020 Assets (CHF million) Net loans 8,683 8,444 Other assets 98 200 Total assets 8,781 8,644 Liabilities (CHF million) Due to banks/customer deposits 1,022 1,119 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 94 93 Short-term borrowings 5,944 440 Long-term debt 55,998 52,144 Other liabilities 1,051 1,098 Total liabilities 64,109 54,894 Related party revenues and expenses in 2021 2020 2019 Revenues (CHF million) Interest and dividend income (56) (39) (5) Interest expense (1,673) (1,618) (1,307) Net interest income (1,729) (1,657) (1,312) Commissions and fees 102 114 80 Other revenues 212 104 104 Net revenues (1,415) (1,439) (1,128) Expenses (CHF million) Total operating expenses 2,089 1,967 1,867 Related party guarantees and commitments end of 2021 2020 Guarantees and commitments (CHF million) Credit guarantees and similar instruments 4 4 Revocable loan commitments 87 88 > Refer to “Note 23 – Leases” for information about related party leases. Executive Board and Board of Directors loans 2021 2020 2019 Executive Board loans (CHF million) Balance at beginning of period 13 1 32 33 Additions 8 5 13 Reductions (4) (24) (14) Balance at end of period 17 1 13 32 Board of Directors loans (CHF million) Balance at beginning of period 9 2 9 10 Additions 2 0 3 Reductions (4) 0 (4) Balance at end of period 7 2 9 2 9 1 The number of individuals with outstanding loans was four at the beginning of the year and seven at the end of the year. 2 The number of individuals with outstanding loans was three at the beginning and the end of the year. Liabilities due to own pension plans Liabilities due to the Bank’s own defined benefit pension plans as of December 31, 2021 and 2020 of CHF 331 million and CHF 643 million, respectively, were reflected in various liability accounts in the Bank’s consolidated balance sheets.

Pension and other post-retireme

Pension and other post-retirement benefits	12 Months Ended
	Dec. 31, 2021
Pension and other post-retirement benefits	32 Pension and other post-retirement benefits The Group sponsors defined contribution pension plans, defined benefit pension plans and other post-retirement defined benefit plans. Defined contribution pension plans Defined contribution plans provide each participant with an individual account. The benefits to be provided to a participant are solely based on the contributions made to that employee’s account and are affected by income, expenses and gains and losses allocated to the account. As such, there are no stipulations of a defined annuity benefit at retirement and the participants bear the full actuarial as well as investment risk. The Group contributes to various defined contribution pension plans primarily in Switzerland, the US and the UK as well as other countries throughout the world. During 2021, 2020 and 2019, the Group contributed to these plans and recognized as expense CHF 263 million, CHF 299 million and CHF 167 million, respectively. This includes expenses of CHF 100 million and CHF 143 million in 2021 and 2020, respectively, related to the Swiss defined contribution pension plan which took effect on January 1, 2020. Contributions to the Swiss defined contribution plan are made by employees and the Group. Assets from this plan are paid out as a lump sum on retirement. Defined benefit pension and other post-retirement defined benefit plans Defined benefit pension plans Defined benefit pension plans are pension plans that define specific benefits for an employee upon that employee’s retirement. These benefits are usually determined by taking into account the employee’s salary, years of service and age of retirement. Retirees bear neither the actuarial risk (for example, the risk that the retirees of the plan live longer than expected), nor the investment risk (that is, that plan assets invested and associated returns will be insufficient to meet the expected benefits due to low or negative returns on contributions). The Group’s funding policy for these plans is in accordance with local laws and tax requirements. Swiss pension plan The Group’s most significant defined benefit pension plan, the Credit Suisse Swiss Pension Plan (Swiss pension plan), is located and covers its employees in Switzerland and is set up as a trust domiciled in Zurich. The Swiss pension plan provides benefits in the event of retirement, death and disability and meets or exceeds the minimum benefits required under the Swiss Federal Law on Occupational Retirement, Survivors’ and Disability Pension Plans (BVG). Benefits in the Swiss pension plan are determined on the basis of the accumulated employer and employee contributions and accumulated interest credited. The Swiss pension plan is treated as a defined benefit plan under US GAAP, mainly due to a guaranteed minimum return on contributions and guaranteed payment of lifetime pensions. As of December 31, 2021 and 2020, the Swiss pension plan comprised 64% 66% 84% 81% 84% 82% Employee contributions in the savings section depend on their age and are determined as a percentage of the pensionable salary. The employees can select between three different levels of contributions which vary between 5% 14% 7.5% 25% The Swiss Federal council sets the minimum statutory interest rate on savings balances on an annual basis that applies to the BVG minimum pensionable salary ( 1.0% When employees retire, their savings balance is converted into an annuity and the conversion rate is the percentage used to convert the assets accrued in the Swiss pension plan to an annual lifetime retirement pension. The level of the conversion rate depends on the life expectancy of future retirees and on the long-term potential for returns in the capital markets. The Board of Trustees of the Swiss pension plan has the responsibility to set the conversion rates for the plan. Decisions on conversion rates are to be set for a planning horizon of at least eight years. International pension plans Various defined benefit pension plans cover the Group’s employees outside Switzerland. These plans provide benefits in the event of retirement, death, disability or termination of employment. Retirement benefits under the international pension plans depend on age, contributions and salary. The Group’s principal defined benefit pension plans outside Switzerland are located in the US and in the UK. Both of these plans are funded, closed to new participants and have ceased accruing new benefits. Smaller defined benefit pension plans, both funded and unfunded, are operated in other locations. Other post-retirement defined benefit plan In the US, the Group has a defined benefit plan that provides post-retirement benefits other than pension benefits that primarily focus on health and welfare benefits for certain retired employees. In exchange for the current services provided by the employee, the Group promises to provide health and welfare benefits after the employee retires. The Group’s obligation for that compensation is incurred as employees render the services necessary to earn their post-retirement benefits. Components of net periodic benefit costs Defined benefit Other post-retirement Switzerland International International in 2021 2020 2019 2021 2020 2019 2021 2020 2019 Net periodic benefit costs (CHF million) Service costs on benefit obligation 224 203 256 16 15 14 0 0 0 Interest costs on benefit obligation 10 20 52 51 68 90 2 4 6 Expected return on plan assets (421) (352) (394) (65) (85) (108) 0 0 0 Amortization of recognized prior service cost/(credit) (121) (167) (155) 1 1 1 0 0 0 Amortization of recognized actuarial losses/(gains) 355 334 293 14 13 19 1 1 3 Settlement losses/(gains) 10 8 41 8 (1) 0 0 0 0 Curtailment losses/(gains) 2 (10) 0 0 0 0 0 0 0 Special termination benefits 16 8 14 0 0 0 0 0 0 Net periodic benefit costs/(credits) 75 44 107 25 11 16 3 5 9 Service costs on benefit obligation are reflected in compensation and benefits. Other components of net periodic benefit costs are reflected in general and administrative expenses or, except for 2019, in restructuring expenses. Net periodic benefit costs of defined benefit plans The net periodic benefit costs for defined benefit pension and other post-retirement defined benefit plans are the costs of the respective plan for a period during which an employee renders services. The actual amount to be recognized is determined using the standard actuarial methodology which considers, among other factors, current service cost, interest cost, expected return on plan assets and the amortization of both prior service costs/(credits) and actuarial losses/(gains) recognized in AOCI. Service costs on benefit obligation reflected in compensation and benefits – other for 2021, 2020 and 2019 were CHF 240 million, CHF 218 million and CHF 270 million, respectively. As part of its strategic plan, the Group has launched a number of cost efficiency measures, including headcount reduction. This resulted in curtailment losses of CHF 2 million in 2021 and curtailment gains of CHF 10 million in 2020. Additional costs of CHF 10 million, CHF 8 million and CHF 41 million in 2021, 2020 and 2019, respectively, related to the settlement of the pension obligation for employees in Switzerland whose employment has effectively been terminated or who have left the Group due to a sale of their business. Special termination benefit costs of CHF 16 million, CHF 8 million and CHF 14 million have been recognized in 2021, 2020 and 2019, respectively, relating to early retirements in Switzerland in the context of the cost efficiency measures. Benefit obligation The benefit obligation is expressed as either accumulated benefit obligation (ABO) or PBO. While the ABO refers to the actuarial present value based on employee services rendered prior to that date and takes into account current and past compensation levels, the PBO also applies an assumption as to future compensation levels. The “Obligations and funded status of the plans” table shows the changes in the PBO, the ABO, the fair value of plan assets and the amounts recognized in the consolidated balance sheets for the defined benefit pension and other post-retirement defined benefit plans. US GAAP requires an employer to recognize the funded status of the defined benefit pension and other post-retirement defined benefit plans on the balance sheet. The funded status of these plans is determined as the difference between the fair value of plan assets and the PBO. The funded status may vary from year to year due to changes in the fair value of plan assets and variations of the PBO following changes in the underlying assumptions and membership data used to determine the PBO. In 2021 and 2020, the curtailments, settlements and special termination benefits in Switzerland, which impacted the PBO, related to the headcount reduction in the context of the cost efficiency measures. Obligations and funded status of the plans Defined benefit Other post-retirement Switzerland International International in / end of 2021 2020 2021 2020 2021 2020 PBO (CHF million) 1 Beginning of the measurement period 16,102 15,979 3,482 3,325 156 164 Plan participant contributions 146 143 0 0 0 0 Service cost 224 203 16 15 0 0 Interest cost 10 20 51 68 2 4 Plan amendments 0 0 (4) 5 0 0 Settlements (48) (28) (448) (23) 0 0 Curtailments 8 (17) 0 0 0 0 Special termination benefits 16 8 0 0 0 0 Actuarial losses/(gains) 321 857 (100) 456 (14) 13 Benefit payments (724) (1,063) (66) (156) (10) (11) Exchange rate losses/(gains) 0 0 101 (208) 6 (14) End of the measurement period 16,055 16,102 3,032 3,482 140 156 Fair value of plan assets (CHF million) Beginning of the measurement period 18,000 17,790 4,212 4,111 0 0 Actual return on plan assets 1,610 860 (45) 476 0 0 Employer contributions 312 298 17 61 10 11 Plan participant contributions 146 143 0 0 0 0 Settlements (48) (28) (448) (23) 0 0 Benefit payments (724) (1,063) (66) (156) (10) (11) Exchange rate gains/(losses) 0 0 132 (257) 0 0 End of the measurement period 19,296 18,000 3,802 4,212 0 0 Funded status recognized (CHF million) Funded status of the plan – overfunded/(underfunded) 3,241 1,898 770 730 (140) (156) Funded status recognized in the consolidated balance sheet as of December 31 3,241 1,898 770 730 (140) (156) Total amount recognized (CHF million) Noncurrent assets 3,241 1,898 974 975 0 0 Current liabilities 0 0 (7) (8) (10) (11) Noncurrent liabilities 0 0 (197) (237) (130) (145) Net amount recognized in the consolidated balance sheet as of December 31 3,241 1,898 770 730 (140) (156) ABO (CHF million) 2 End of the measurement period 15,275 15,637 3,001 3,449 140 156 1 Including estimated future salary increases. 2 Excluding estimated future salary increases. The net amount recognized in the consolidated balance sheets as of December 31, 2021 and 2020 for the defined benefit pension plans was an overfunding of CHF 4,011 million and CHF 2,628 million, respectively. The remeasurement gain on the Swiss pension plan recorded as of December 31, 2021 consisted of gains on the asset portfolio of CHF 1,189 million, partially offset by losses on the PBO of CHF 321 million due to changes in financial and demographic assumptions, primarily an increase in the interest rate on savings balances. The remeasurement loss on the Swiss pension plan recorded as of December 31, 2020 consisted of losses on the PBO of CHF 857 million due to changes in financial and demographic assumptions, primarily a decrease in the discount rate, an increase in the interest rate on savings balances and updates on the membership data, partially offset by gains on the asset portfolio of CHF 508 million. The remeasurement loss on the international pension plans recorded as of December 31, 2021 consisted of losses on the asset portfolio of CHF 110 million, partially offset by gains on the PBO of CHF 100 million due to changes in financial and demographic assumptions, primarily an increase in the discount rate and updates on the membership data. The remeasurement loss on the international pension plans recorded as of December 31, 2020 consisted of losses on the PBO of CHF 456 million due to changes in financial and demographic assumptions, primarily a decrease in the discount rate and updates on the membership data, partially offset by gains on the asset portfolio of CHF 391 million. The settlements of CHF 448 million on the international plans recorded as of December 31, 2021 mainly related to settlements in the UK, reflecting an enhanced transfer value exercise, and settlements in the US, reflecting a partial sale of pension obligations sold to a third party insurer. No special contributions were made in 2021. In 2020, there was a special cash contribution made to the defined benefit pension plan in the US of CHF 43 million. In 2022, the Group expects to contribute CHF 258 million to the Swiss pension plan, CHF 16 million to the international defined benefit pension plans and CHF 10 million to other post-retirement defined benefit plans. PBO or ABO in excess of plan assets The following table shows the aggregate PBO and ABO, as well as the aggregate fair value of plan assets for those plans with PBO in excess of plan assets and those plans with ABO in excess of plan assets as of December 31, 2021 and 2020, respectively. Defined benefit pension plans in which PBO or ABO exceeded plan assets International PBO exceeds ABO exceeds December 31 2021 2020 2021 2020 PBO/ABO exceeded plan assets (CHF million) PBO 412 1,404 403 1,393 ABO 387 1,377 380 1,369 Fair value of plan assets 208 1,159 200 1,150 There were no defined benefit pension plans in Switzerland in which the PBO or the ABO exceeded the plan assets. Amounts recognized in AOCI and OCI The following table shows the actuarial gains/(losses), the prior service credits/(costs) and the cumulative effect of accounting changes, which were recorded in AOCI and subsequently recognized as components of net periodic benefit costs. Amounts recognized in AOCI, net of tax Defined benefit Other post-retirement end of 2021 2020 2021 2020 2021 2020 Amounts recognized in AOCI (CHF million) Actuarial gains/(losses) (2,678) (3,688) (27) (39) (2,705) (3,727) Prior service credits/(costs) 362 453 3 3 365 456 Total (2,316) (3,235) (24) (36) (2,340) (3,271) The following table shows the changes in OCI due to actuarial gains/(losses), the prior service credits/(costs) recognized in AOCI during 2021 and 2020, the amortization of the aforementioned items as components of net periodic benefit costs for these periods and the cumulative effect of accounting changes. Amounts recognized in OCI Defined benefit Other post-retirement in Gross Tax Net Gross Tax Net Total net 2021 (CHF million) Actuarial gains/(losses) 858 (153) 705 14 (3) 11 716 Prior service credits/(costs) 4 (1) 3 0 0 0 3 Amortization of actuarial losses/(gains) 369 (67) 302 1 0 1 303 Amortization of prior service costs/(credits) (120) 23 (97) 0 0 0 (97) Immediate recognition due to curtailment/settlement 11 (5) 6 0 0 0 6 Total 1,122 (203) 919 15 (3) 12 931 2020 (CHF million) Actuarial gains/(losses) (414) 83 (331) (13) 3 (10) (341) Prior service credits/(costs) (5) 0 (5) 0 0 0 (5) Amortization of actuarial losses/(gains) 347 (64) 283 1 0 1 284 Amortization of prior service costs/(credits) (166) 31 (135) 0 0 0 (135) Immediate recognition due to curtailment/settlement 14 (2) 12 0 0 0 12 Total (224) 48 (176) (12) 3 (9) (185) Assumptions The measurement of both the net periodic benefit costs and the benefit obligation is determined using explicit assumptions, each of which individually represents the best estimate of a particular future event. Weighted-average assumptions used to determine net periodic benefit costs and benefit obligation Defined benefit Other post-retirement Switzerland International International December 31 2021 2020 2019 2021 2020 2019 2021 2020 2019 Net periodic benefit cost (%) Discount rate - service costs 0.63 0.69 1.19 3.22 3.04 3.28 – – 4.38 Discount rate - interest costs 0.06 0.13 0.57 1.62 2.39 3.28 1.74 2.77 3.95 Salary increases 1.50 1.50 0.75 2.98 2.84 2.92 – – – Interest rate on savings balances 1.25 0.45 1.03 – – – – – – Expected long-term rate of return on plan assets 2.50 2.10 2.40 1.79 2.37 3.00 – – – Benefit obligation (%) Discount rate 0.56 0.40 0.45 2.15 1.67 2.38 2.89 2.55 3.23 Salary increases 1.50 1.50 1.50 3.33 2.98 2.84 – – – Interest rate on savings balances 1.50 1.25 0.45 – – – – – – Net periodic benefit cost and benefit obligation assumptions The assumptions used to determine the benefit obligation as of the measurement date are also used to calculate the net periodic benefit costs for the 12-month period following this date. The discount rates are determined based on yield curves, constructed from high-quality corporate bonds currently available and observable in the market and are expected to be available during the period to maturity of the pension benefits. In countries where there is no deep market in high-quality corporate bonds with longer durations, the best available market information, including governmental bond yields and risk premiums, is used to construct the yield curve. Credit Suisse uses the spot rate approach for valuations, whereby individual spot rates on the yield curve are applied to each year’s cash flow in measuring the plan’s benefit obligation as well as future service costs and interest costs. The assumption pertaining to salary increases is used to calculate the PBO, which is measured using an assumption as to future compensation levels. Credit Suisse estimates the future interest rate on savings balances taking into consideration actions and rates approved by the Board of Trustees of the Swiss pension plan and expected future changes in the interest rate environment. The expected long-term rate of return on plan assets assumption is applied to the market-related value of assets to calculate the expected return on plan assets as a component of the net periodic benefit costs. It reflects the average rate of returns expected on the funds invested or to be invested to provide for the benefits included in the PBO. In estimating that rate, appropriate consideration is given to the returns being earned by the plan assets and the rates of return expected to be available for reinvestment. The expected long-term rate of return on plan assets is based on total return forecasts, expected volatility and correlation estimates, reflecting interrelationships between and within asset classes held. Where possible, similar, if not related, approaches are followed to forecast returns for the various asset classes. The expected long-term rate of return on debt securities reflects both accruing interest and price returns. The probable long-term relationship between the total return and certain exogenous variables is used, which links the total return forecasts on debt securities to forecasts of the macroeconomic environment. The expected long-term rate of ROE securities is based on a two-stage dividend discount model which considers economic and market forecasts to compute a market-implied equity risk premium. Dividends are estimated using market consensus earnings and the historical payout ratio. A subsequent scenario analysis is used to stress test the level of the return. The expected long-term rate of return on real estate is based on economic models that reflect both the rental and the capital market side of the direct real estate market. This allows for a replicable and robust forecasting methodology for expected returns on real estate equity, fund and direct market indices. The expected long-term rate of return on private equity and hedge funds is estimated by determining the key factors in their historical performance using private equity and hedge fund benchmarks and indices. To capture these factors, multiple linear regression models with lagged returns are used. Mortality assumptions are based on standard mortality tables and standard models and methodologies for projecting future improvements to mortality as developed and published by external independent actuarial societies and actuarial organizations. Mortality tables and life expectancies for major plans Life expectancy at age 65 Life expectancy at age 65 aged 65 aged 45 aged 65 aged 45 December 31 2021 2020 2021 2020 2021 2020 2021 2020 Life expectancy (years) Switzerland BVG 2020 tables 1 21.7 21.7 23.3 23.3 23.4 23.7 25.0 25.3 UK SAPS S3 light tables 2 23.5 23.3 24.7 24.9 25.0 24.5 26.4 26.3 US Pri-2012 mortality tables 3 20.6 21.1 21.8 22.3 22.5 22.8 23.7 23.9 1 The BVG 2020 tables were used, which included final 2018 CMI projections, with a long-term rate of improvement of 1.25% per annum. 2 102% of Self-Administered Pension Scheme (SAPS) S3 light tables were used, which included final CMI projections, with a long-term rate of improvement of 1.25% per annum. 3 The Private retirement plan 2012 (Pri-2012) mortality tables were used, with projections based on the Social Security Administration's intermediate improvement scale. Under US GAAP, the assumptions used to value the PBO should always represent the best estimate as of the measurement date. Credit Suisse regularly reviews the actuarial assumptions used to value and measure the defined benefit obligation on a periodic basis as required by US GAAP. Health care cost assumptions The health care cost trend is used to determine the appropriate other post-retirement defined benefit costs. In determining those costs, an annual weighted-average rate is assumed in the cost of covered health care benefits. The following table provides an overview of the assumed health care cost trend rates. Health care cost trend rates in / end of 2021 2020 2019 Health care cost trend rate (%) Annual weighted-average health care cost trend rate 1 6.5 7.0 8.0 1 The annual health care cost trend rate is assumed to decrease gradually to achieve the long-term health care cost trend rate of 4.5% by 2030. The annual health care cost trend rate used to determine the net periodic defined benefit costs for 2022 is 6.5% Plan assets and investment strategy Plan assets, which are assets that have been segregated and restricted to provide for plan benefits, are measured at their fair value as of the measurement date. The Group’s defined benefit pension plans employ a total return investment approach, whereby a diversified mix of debt and equity securities and alternative investments, specifically hedge funds and private equity, are used to maximize the long-term return of plan assets while incurring a prudent level of risk. The intent of this strategy is to meet or outperform plan liabilities over the long term. Risk tolerance is established through careful consideration of plan liabilities, plan funded status and corporate financial condition. Furthermore, equity securities are diversified across different geographic regions as well as across growth, value and small and large capitalization stocks. Real estate and alternative investments, such as private equity and hedge funds, are used to enhance long-term returns while improving portfolio diversification. Derivatives may be used to hedge or increase market exposure, but are not used to leverage the portfolio beyond the market value of the underlying investments. Investment risk is measured and monitored on an ongoing basis through periodic asset/liability studies and quarterly investment portfolio reviews. To limit investment risk, the Group pension plans follow defined strategic asset allocation guidelines. At times of major market uncertainties and stress, these guidelines may be further restricted. As of December 31, 2021 and 2020, the total fair value of Group debt securities included in plan assets of the Group’s defined benefit pension plans was CHF 5 million and CHF 0 million, respectively, and the total fair value of Group equity securities and options was CHF 3 million and CHF 77 million, respectively. Fair value hierarchy of plan assets > Refer to “Fair value measurement” in Note 36 – Financial instruments for discussion of the fair value hierarchy. Fair value of plan assets The following tables present the plan assets measured at fair value on a recurring basis as of December 31, 2021 and 2020 for the Group’s defined benefit pension plans. Plan assets measured at fair value on a recurring basis end of 2021 2020 Assets Assets Plan assets at fair value (CHF million) Cash and cash equivalents 313 0 0 0 313 458 0 0 0 458 Debt securities 0 6,315 0 469 6,784 0 5,446 0 438 5,884 of which corporates 0 6,315 0 469 6,784 0 5,446 1 0 438 5,884 Equity securities 0 5,264 0 0 5,264 71 5,249 1 0 0 5,320 Real estate 0 2,040 1,514 0 3,554 0 1,795 1,444 0 3,239 of which direct 0 0 1,514 0 1,514 0 0 1,444 0 1,444 of which indirect 0 2,040 0 0 2,040 0 1,795 0 0 1,795 Alternative investments 491 327 0 2,563 3,381 433 514 0 2,152 3,099 of which private equity 0 0 0 2,431 2,431 0 0 0 1,794 1,794 of which hedge funds 0 221 0 0 221 0 413 0 1 414 of which other 491 106 0 132 729 433 101 0 357 891 Switzerland 804 13,946 1,514 3,032 19,296 962 13,004 1,444 2,590 18,000 Cash and cash equivalents 9 101 0 0 110 17 247 0 0 264 Debt securities 2,328 769 0 434 3,531 2,169 1,222 0 422 3,813 of which governments 2,328 4 0 0 2,332 2,169 7 0 0 2,176 of which corporates 0 765 0 434 1,199 0 1,215 1 0 422 1,637 Equity securities 0 44 0 57 101 0 33 1 0 52 85 Real estate – indirect 0 0 0 0 0 0 0 0 20 20 Alternative investments 0 (27) 0 0 (27) 0 (47) 0 0 (47) of which hedge funds 0 0 0 0 0 0 0 0 0 0 of which other 0 (27) 2 0 0 (27) 0 (47) 2 0 0 (47) Other investments 0 87 0 0 87 0 77 0 0 77 International 2,337 974 0 491 3,802 2,186 1,532 0 494 4,212 Total plan assets at fair value 3,141 14,920 1,514 3,523 23,098 3,148 14,536 1,444 3,084 22,212 The Swiss pension fund uses exchange-traded futures to manage the economic exposure of the portfolio. Under US GAAP, these futures are not carried at fair value as they are settled on a daily basis and are considered brokerage receivables and payables. Consequently, they are excluded from this table. These futures increased/(decreased) the economic exposure to cash and cash equivalents by CHF (59) 1 Prior period has been revised to reclassify the leveling of certain plan assets. 2 Primarily related to derivative instruments. Plan assets measured at fair value on a recurring basis for level 3 Actual return On assets Foreign 2021 (CHF million) Real estate 1,444 0 0 65 0 5 0 1,514 of which direct 1,444 0 0 65 0 5 0 1,514 Total plan assets at fair value 1,444 0 0 65 0 5 0 1,514 of which Switzerland 1,444 0 0 65 0 5 0 1,514 2020 (CHF million) Real estate 1,351 0 0 69 0 24 0 1,444 of which direct 1,351 0 0 69 0 24 0 1,444 Total plan assets at fair value 1,351 0 0 69 0 24 0 1,444 of which Switzerland 1,351 0 0 69 0 24 0 1,444 Qualitative disclosures of valuation techniques used to measure fair value Cash and cash equivalents Cash and cash equivalents includes money market instruments such as bankers’ acceptances, certificates of deposit, CP, book claims, treasury bills, other rights and commingled funds. Valuations of money market instruments and commingled funds are generally based on observable inputs. Debt securities Debt securities include government and corporate bonds which are generally quoted in active markets or as units in mutual funds. Debt securities for which market prices are not available, are valued based on yields reflecting the perceived risk of the issuer and the maturity of the security, recent disposals in the market or other modeling techniques, which may involve judgment. Units in mutual funds which are not directly quoted on a public stock exchange and/or for which a fair value is not readily determinable are measured at fair value using NAV. Equity securities Equity securities held include common equity shares, convertible bonds and shares in investment companies and units in mutual funds. The common equity shares are generally traded on public stock exchanges for which quoted prices are regularly available. Convertible bonds are generally valued using observable pricing sources. Shares in investment companies and units in mutual funds, which are not directly quoted on a public stock exchange and/or for which a fair value is not readily determinable, are measured at fair value using NAV. Real estate Real estate includes direct real estate as well as investments in real estate investment companies, trusts or mutual funds. Direct real estate is initially measured at its transaction price, which is the best estimate of fair value. Thereafter, direct real estate is individually measured at fair value based on a number of factors that include any recent rounds of financing involving third-party investors, comparable company transactions, multiple analyses of cash flows or book values, or discounted cash flow analyses. The availability of information used in these modeling techniques is often limited and involves significant judgment in evaluating these different factors over time. Real estate investment companies, trusts and mutual funds which are not directly quoted on a public stock exchange and/or for which a fair value is not readily determinable are measured at fair value using NAV. Alternative investments Private equity includes direct investments, investments in partnerships that make private equity and related investments in various portfolio companies and funds and fund of funds partnerships. Private equity consists of both publicly traded securities and private securities. Publicly traded investments that are restricted or that are not quoted in active markets are valued based on publicly available quotes with appropriate adjustments for liquidity or trading restrictions. Private equity is valued taking into account a number of factors, such as the most recent round of financing involving unrelated new investors, earnings multiple analyses using comparable companies or discounted cash flow analyses. Private equity for which a fair value is not readily determinable is measured at fair value using NAV provided by the general partner. Hedge funds that are not directly quoted on a public stock exchange and/or for which a fair value is not readily determinable are measured at fair value using NAV provided by the fund administrator. Derivatives Derivatives include both OTC and exchange-traded derivatives. The fair value of OTC derivatives is determined on the basis of inputs that include those characteristics of the derivative that have a bearing on the economics of the instrument. The determination of the fair value of many derivatives involves only a limited degree of subjectivity since the required inputs are generally observable in the marketplace. Other more complex derivatives may use unobservable inputs. Such inputs include long-dated volatility assumptions on OTC option transactions and recovery rate assumptions for credit derivative transactions. The fair value of exchange-traded derivatives is typically derived from the observable exchange prices and/or observable inputs. Plan asset allocation The following table shows the plan asset allocation as of the measurement date calculated based on the fair value at that date including the performance of each asset class. Plan asset allocation Switzerland International December 31 2021 2020 2021 2020 Weighted-average (%) Cash and cash equivalents 1.6 2.5 2.9 6.3 Debt securities 35.2 32.7 92.9 90.5 Equity securities 27.3 29.6 2.6 2.0 Real estate 18.4 18.0 0.0 0.5 Alternative investments 17.5 17.2 (0.7) (1.1) Insurance 0.0 0.0 2.3 1.8 Total 100.0 100.0 100.0 100.0 The following table shows the target plan asset allocation for 2022 in accordance with the Group’s investment strategy. The target plan asset allocation is used to determine the expected return on plan assets to be considered in the net periodic benefit costs for 2022. 2022 target plan asset allocation Switzerland International Weighted-average (%) Cash and cash equivalents 7.0 0.3 Debt securities 32.0 93.4 Equity securities 25.0 2.2 Real estate 21.0 0.6 Alternative investments 15.0 1.2 Insurance 0.0 2.3 Total 100.0 100.0 Estimated future benefit payments The following table shows the estimated future benefit payments for defined benefit pension and other post-retirement defined benefit plans. Estimated future benefit payments Defined benefit Other post-retirement Payments (CHF million) 2022 987 10 2023 916 10 2024 914 10 2025 899 9 2026 904 9 For five years thereafter 4,485 34
Bank
Pension and other post-retirement benefits	31 Pension and other post-retirement benefits The Bank participates in a defined benefit pension plan sponsored by the Group and has defined contribution pension plans, single-employer defined benefit pension plans and other post-retirement defined benefit plans. The Bank’s principal plans are located in Switzerland, the US and the UK. > Refer to “Note 32 – Pension and other post-retirement benefits” in VI – Consolidated financial statements – Credit Suisse Group for further information on pension and other post-retirement benefits. Defined contribution pension plans The Bank contributes to various defined contribution pension plans primarily in Switzerland, the US and the UK as well as other countries throughout the world. During 2021, 2020 and 2019, the Bank contributed to these plans and recognized as expense CHF 235 million, CHF 240 million and CHF 150 million, respectively. This included expenses of CHF 89 million and CHF 96 million in 2021 and 2020, respectively, related to the Swiss defined contribution pension plan which took effect on January 1, 2020. Contributions to the Swiss defined contribution plan are made by employees and the Group. Assets from this plan are paid out as a lump sum on retirement. Defined benefit pension and other post-retirement benefit plans Defined benefit pension plans Group pension plan The Bank covers pension requirements for its employees in Switzerland by participating in a defined benefit pension plan sponsored by the Group (Group plan), the Group’s most significant defined benefit pension plan. The Group plan provides benefits in the event of retirement, death and disability. Various legal entities within the Group participate in the Group plan, which is set up as an independent trust domiciled in Zurich. Benefits in the Group plan are determined on the basis of the accumulated employer and employee contributions and accumulated interest credited. In accordance with US GAAP, the Group accounts for the Group plan as a single-employer defined benefit pension plan and uses the projected unit credit actuarial method to determine the net periodic benefit costs, the PBO and the accumulated benefit obligation (ABO). The Bank accounts for the defined benefit pension plan sponsored by the Group as a multi-employer pension plan because other legal entities within the Group also participate in the Group plan and the assets contributed by the Bank are not segregated into a separate account or restricted to provide benefits only to employees of the Bank. The assets contributed by the Bank are commingled with the assets contributed by the other legal entities of the Group and can be used to provide benefits to any employee of any participating legal entity. The Bank’s contributions to the Group plan comprise 84% The Bank accounts for the Group plan on a defined contribution basis whereby it only recognizes the amounts required to be contributed to the Group plan during the period as net periodic pension expense and only recognizes a liability for any contributions due and unpaid. No other expenses or balance sheet amounts related to the Group plan were recognized by the Bank. In the savings section of the Group plan, the Bank’s contribution varies between 7.5% 25.0% During 2021, 2020 and 2019, the Bank contributed and recognized as expense CHF 248 million, CHF 249 million and CHF 338 million to the Group plan, respectively. The Bank expects to contribute CHF 216 million to the Group plan during 2022. International pension plans Various defined benefit pension plans cover the Bank’s employees outside Switzerland. These plans provide benefits in the event of retirement, death, disability or termination of employment. Retirement benefits under the plans depend on age, contributions and salary. The Bank’s principal defined benefit pension plans outside Switzerland are located in the US and in the UK. Both plans are funded, closed to new participants and have ceased accruing new benefits. Smaller defined benefit pension plans, both funded and unfunded, are operated in other locations. Other post-retirement defined benefit plan In the US, the Bank has a defined benefit plan that provides post-retirement benefits other than pension benefits that primarily focus on health and welfare benefits for certain retired employees. In exchange for the current services provided by the employee, the Bank promises to provide health and welfare benefits after the employee retires. The Bank’s obligation for that compensation is incurred as employees render the services necessary to earn their post-retirement benefits. Net periodic benefit costs of defined benefit plans The net periodic benefit costs for defined benefit pension and other post-retirement defined benefit plans are the costs of the respective plan for a period during which an employee renders services. The actual amount to be recognized is determined using the standard actuarial methodology which considers, among other factors, current service cost, interest cost, expected return on plan assets and the amortization of both prior service costs/(credits) and actuarial losses/(gains) recognized in AOCI. Components of net periodic benefit costs International single-employer Other post-retirement in 2021 2020 2019 2021 2020 2019 Net periodic benefit costs (CHF million) Service costs on benefit obligation 14 14 14 0 0 0 Interest costs on benefit obligation 49 68 90 2 4 6 Expected return on plan assets (65) (85) (108) 0 0 0 Amortization of recognized prior service cost/(credit) 1 1 1 0 0 0 Amortization of recognized actuarial losses/(gains) 14 13 19 1 1 3 Settlement losses/(gains) 8 (1) 0 0 0 0 Net periodic benefit costs/(credits) 21 10 16 3 5 9 Service costs on benefit obligation are reflected in compensation and benefits. Other components of net periodic benefit costs are reflected in general and administrative expenses. Benefit obligation The “Obligations and funded status of the plans” table shows the changes in the PBO, the ABO, the fair value of plan assets and the amounts recognized in the consolidated balance sheets for the international single-employer defined benefit pension plans and other post-retirement defined benefit plans. Obligations and funded status of the plans International in / end of 2021 2020 2021 2020 PBO (CHF million) 1 Beginning of the measurement period 3,475 3,325 156 164 Service cost 14 14 0 0 Interest cost 49 68 2 4 Plan amendments (4) 5 0 0 Settlements (448) (23) 0 0 Actuarial losses/(gains) (100) 453 (14) 13 Business combinations and transfers 0 (3) 0 0 Benefit payments (65) (156) (10) (11) Exchange rate losses/(gains) 101 (208) 6 (14) End of the measurement period 3,022 3,475 140 156 Fair value of plan assets (CHF million) Beginning of the measurement period 4,212 4,111 0 0 Actual return on plan assets (45) 476 0 0 Employer contributions 16 61 10 11 Settlements (448) (23) 0 0 Benefit payments (65) (156) (10) (11) Exchange rate gains/(losses) 132 (257) 0 0 End of the measurement period 3,802 4,212 0 0 Total funded status recognized (CHF million) Funded status of the plan – over/(underfunded) 780 737 (140) (156) Funded status recognized in the consolidated balance sheet as of December 31 780 737 (140) (156) Total amount recognized (CHF million) Noncurrent assets 975 975 0 0 Current liabilities (7) (8) (10) (11) Noncurrent liabilities (188) (230) (130) (145) Net amount recognized in the consolidated balance sheet as of December 31 780 737 (140) (156) ABO (CHF million) 2 End of the measurement period 2,996 3,445 140 156 1 Including estimated future salary increases. 2 Excluding estimated future salary increases. The net amount recognized in the consolidated balance sheets as of December 31, 2021 and 2020 was an overfunding of CHF 640 The settlements of CHF 448 million on the international plans recorded as of December 31, 2021 mainly related to settlements in the UK, reflecting an enhanced transfer value exercise, and settlements in the US, reflecting a partial sale of pension obligations sold to a third party insurer. No special contributions were made in 2021. In 2020, there was a special cash contribution made to the defined benefit pension plan in the US of CHF 43 million. In 2022, the Bank expects to contribute CHF 16 million to the international single-employer defined benefit pension plans and CHF 10 million to other post-retirement defined benefit plans. PBO or ABO in excess of plan assets The following table shows the aggregate PBO and ABO, as well as the aggregate fair value of plan assets for those plans with PBO in excess of plan assets and those plans with ABO in excess of plan assets as of December 31, 2021 and 2020, respectively. Defined benefit pension plans in which PBO or ABO exceeded plan assets PBO exceeds fair value ABO exceeds fair value December 31 2021 2020 2021 2020 PBO/ABO exceeded plan assets (CHF million) PBO 402 1,397 393 1,386 ABO 382 1,373 375 1,365 Fair value of plan assets 208 1,159 200 1,150 Amounts recognized in AOCI and OCI The following table shows the actuarial gains/(losses), the prior service credits/(costs) and the cumulative effect of accounting changes, which were recorded in AOCI and subsequently recognized as components of net periodic benefit costs. Amounts recognized in AOCI, net of tax International end of 2021 2020 2021 2020 2021 2020 Amounts recognized in AOCI (CHF million) Actuarial gains/(losses) (402) (421) (27) (39) (429) (460) Prior service credits/(costs) (9) (14) 3 3 (6) (11) Total (411) (435) (24) (36) (435) (471) The following table shows the changes in other comprehensive income (OCI) due to actuarial gains/(losses), the prior service credits/(costs) recognized in AOCI during 2021 and 2020, the amortization of the aforementioned items as components of net periodic benefit costs for these periods and the cumulative effect of accounting changes. Amounts recognized in OCI International single-employer Other post-retirement in Gross Tax Net Gross Tax Net Total net 2021 (CHF million) Actuarial gains/(losses) (10) 12 2 14 (3) 11 13 Prior service credits/(costs) 4 (1) 3 0 0 0 3 Amortization of actuarial losses/(gains) 14 (3) 11 1 0 1 12 Amortization of prior service costs/(credits) 1 0 1 0 0 0 1 Immediate recognition due to curtailment/settlement 8 (1) 7 0 0 0 7 Total 17 7 24 15 (3) 12 36 2020 (CHF million) Actuarial gains/(losses) (62) 17 (45) (13) 3 (10) (55) Prior service credits/(costs) (5) 1 (4) 0 0 0 (4) Amortization of actuarial losses/(gains) 13 (1) 12 1 0 1 13 Amortization of prior service costs/(credits) 1 (1) 0 0 0 0 0 Immediate recognition due to curtailment/settlement (1) 0 (1) 0 0 0 (1) Total (54) 16 (38) (12) 3 (9) (47) Assumptions The measurement of both the net periodic benefit costs and the benefit obligation is determined using explicit assumptions, each of which individually represents the best estimate of a particular future event. Weighted-average assumptions used to determine net periodic benefit costs and benefit obligation International single-employer Other post-retirement December 31 2021 2020 2019 2021 2020 2019 Net periodic benefit cost (%) Discount rate - service cost 2.64 2.62 3.28 – – 4.38 Discount rate - interest cost 1.56 2.37 3.28 1.74 2.77 3.95 Salary increases 2.97 2.84 2.92 – – – Expected long-term rate of return on plan assets 1.79 2.37 3.00 – – – Benefit obligation (%) Discount rate 2.13 1.66 2.38 2.89 2.55 3.23 Salary increases 3.32 2.97 2.84 – – – Mortality tables and life expectancies for major plans Life expectancy at age 65 Life expectancy at age 65 aged 65 aged 45 aged 65 aged 45 December 31 2021 2020 2021 2020 2021 2020 2021 2020 Life expectancy (years) UK SAPS S3 light tables 1 23.5 23.3 24.7 24.9 25.0 24.5 26.4 26.3 US Pri-2012 mortality tables 2 20.6 21.1 21.8 22.3 22.5 22.8 23.7 23.9 1 102% of Self-Administered Pension Scheme (SAPS) S3 light tables were used, which included final CMI projections, with a long-term rate of improvement of 1.25% per annum. 2 The Private retirement plan 2012 (Pri-2012) mortality tables were used, with projections based on the Social Security Administration's intermediate improvement scale. Health care cost assumptions The health care cost trend is used to determine the appropriate other post-retirement defined benefit costs. In determining those costs, an annual weighted-average rate is assumed in the cost of covered health care benefits. The following table provides an overview of the assumed health care cost trend rates Health care cost trend rates in / end of 2021 2020 2019 Health care cost trend rate (%) Annual weighted-average health care cost trend rate 1 6.5 7.0 8.0 1 The annual health care cost trend rate is assumed to decrease gradually to achieve the long-term health care cost trend rate of 4.5% by 2030. The annual health care cost trend rate used to determine the net periodic defined benefit costs for 2022 is 6.5% Plan assets and investment strategy As of December 31, 2021 and 2020, no Group debt or equity securities were included in plan assets for the international single-employer defined benefit pension plans. Fair value of plan assets The following table presents the plan assets measured at fair value on a recurring basis as of December 31, 2021 and 2020, for the Bank’s defined benefit pension plans. Plan assets measured at fair value on a recurring basis 2021 2020 Assets Assets Plan assets at fair value (CHF million) Cash and cash equivalents 9 101 0 0 110 17 247 0 0 264 Debt securities 2,328 769 0 434 3,531 2,169 1,222 0 422 3,813 of which governments 2,328 4 0 0 2,332 2,169 7 0 0 2,176 of which corporates 0 765 0 434 1,199 0 1,215 1 0 422 1,637 Equity securities 0 44 0 57 101 0 33 1 0 52 85 Real estate – indirect 0 0 0 0 0 0 0 0 20 20 Alternative investments 0 (27) 0 0 (27) 0 (47) 0 0 (47) of which hedge funds 0 0 0 0 0 0 0 0 0 0 of which other 0 (27) 2 0 0 (27) 0 (47) 2 0 0 (47) Other investments 0 87 0 0 87 0 77 0 0 77 Total plan assets at fair value 2,337 974 0 491 3,802 2,186 1,532 0 494 4,212 1 Prior period has been revised to reclassify the leveling of certain plan assets. 2 Primarily related to derivative instruments. Plan asset allocation The following table shows the plan asset allocation as of the measurement date calculated based on the fair value at that date including the performance of each asset class. Plan asset allocation December 31 2021 2020 Weighted-average (%) Cash and cash equivalents 2.9 6.3 Debt securities 92.9 90.5 Equity securities 2.6 2.0 Real estate 0.0 0.5 Alternative investments (0.7) (1.1) Insurance 2.3 1.8 Total 100.0 100.0 The following table shows the target plan asset allocation for 2022 in accordance with the Bank’s investment strategy. The target plan asset allocation is used to determine the expected return on plan assets to be considered in the net periodic benefit costs for 2022. 2022 target plan asset allocation Weighted-average (%) Cash and cash equivalents 0.3 Debt securities 93.4 Equity securities 2.2 Real estate 0.6 Alternative investments 1.2 Insurance 2.3 Total 100.0 Estimated future benefit payments The following table shows the estimated future benefit payments for defined benefit pension and other post-retirement defined benefit plans. Estimated future benefit payments International Payments (CHF million) 2022 110 10 2023 102 10 2024 110 10 2025 111 9 2026 117 9 For five years thereafter 646 34

Derivatives and hedging activit

Derivatives and hedging activities	12 Months Ended
	Dec. 31, 2021
Derivatives and hedging activities	33 Derivatives and hedging activities Derivatives are generally either privately negotiated OTC contracts or standard contracts transacted through regulated exchanges. The Group’s most frequently used freestanding derivative products, entered into for trading and risk management purposes, include interest rate, credit default and cross-currency swaps, interest rate and foreign exchange options, interest rate and foreign exchange forward contracts and foreign exchange and interest rate futures. The Group also enters into contracts that are not considered derivatives in their entirety but include embedded derivative features. Such transactions primarily include issued and purchased structured debt instruments where the return may be calculated by reference to an equity security, index or third-party credit risk, or that have non-standard interest or foreign exchange terms. On the date a derivative contract is entered into, the Group designates it as belonging to one of the following categories: ■ ■ ■ ■ ■ Trading activities The Group is active in most of the principal trading markets and transacts in many trading and hedging products. As noted above, this includes the use of swaps, futures, options and structured products, such as custom transactions using combinations of derivatives, in connection with its sales and trading activities. Trading activities include market making, positioning and arbitrage activities. The majority of the Group’s derivatives were used for trading activities. Economic hedges Economic hedges arise when the Group enters into derivative contracts for its own risk management purposes, but the contracts entered into do not qualify for hedge accounting under US GAAP. These economic hedges include the following types: ■ ■ ■ ■ ■ Derivatives used in economic hedges are included as trading assets or trading liabilities in the consolidated balance sheets. Hedge accounting Fair value hedges The Group designates fair value hedges as part of an overall interest rate risk management strategy that incorporates the use of derivative instruments to minimize fluctuations in earnings that are caused by interest rate volatility. The Group uses derivatives to hedge for changes in fair value as a result of the interest rate risk associated with loans, debt securities held as available-for-sale and long-term debt instruments. Cash flow hedges The Group hedges the variability in interest cash flows mainly on mortgages, loans and reverse repurchase agreements by using interest rate swaps to convert variable rate assets to fixed rates. Further, the Group uses foreign currency forwards to hedge the foreign currency risk associated with certain forecasted transactions. As of the end of 2021, the maximum length of time over which the Group hedged its exposure to the variability in future cash flows for forecasted transactions, excluding those forecasted transactions related to the payment of variable interest on existing financial instruments, was 12 Net investment hedges The Group designates net investment hedges as part of its strategy to hedge selected net investments in foreign operations against adverse movements in foreign exchange rates, typically using forward foreign exchange contracts. Hedge effectiveness assessment The Group assesses the effectiveness of hedging relationships both prospectively and retrospectively. The prospective assessment is made both at the inception of a hedging relationship and on an ongoing basis, and requires the Group to justify its expectation that the relationship will be highly effective over future periods. The retrospective assessment is also performed on an ongoing basis and requires the Group to determine whether or not the hedging relationship has actually been effective. Fair value of derivative instruments The tables below present gross derivative replacement values by type of contract and whether the derivative is used for trading purposes or in a qualifying hedging relationship. Notional amounts have also been provided as an indication of the volume of derivative activity within the Group. Information on bifurcated embedded derivatives has not been included in these tables. Under US GAAP, the Group elected to account for substantially all financial instruments with an embedded derivative that is not considered clearly and closely related to the host contract at fair value. > Refer to “Note 36 – Financial instruments” for further information. Fair value of derivative instruments Trading Hedging 1 Positive Negative Positive Negative Derivative instruments (CHF billion) Forwards and forward rate agreements 1,736.0 0.9 0.9 0.0 0.0 0.0 Swaps 8,810.0 36.8 33.0 131.4 0.4 0.2 Options bought and sold (OTC) 779.0 11.5 10.9 0.0 0.0 0.0 Futures 144.5 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 71.6 0.1 0.0 0.0 0.0 0.0 Interest rate products 11,541.1 49.3 44.8 131.4 0.4 0.2 Forwards 1,052.9 7.6 8.2 21.1 0.1 0.1 Swaps 345.3 11.3 12.4 0.0 0.0 0.0 Options bought and sold (OTC) 174.9 2.0 2.2 0.0 0.0 0.0 Futures 10.3 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 1.6 0.0 0.0 0.0 0.0 0.0 Foreign exchange products 1,585.0 20.9 22.8 21.1 0.1 0.1 Forwards 0.9 0.1 0.0 0.0 0.0 0.0 Swaps 94.7 1.4 2.6 0.0 0.0 0.0 Options bought and sold (OTC) 243.9 11.1 12.5 0.0 0.0 0.0 Futures 46.3 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 535.8 22.9 21.5 0.0 0.0 0.0 Equity/index-related products 921.6 35.5 36.6 0.0 0.0 0.0 Credit derivatives 2 506.8 5.0 6.3 0.0 0.0 0.0 Forwards 9.9 0.2 0.1 0.0 0.0 0.0 Swaps 12.0 1.1 0.4 0.0 0.0 0.0 Options bought and sold (OTC) 11.1 0.2 0.1 0.0 0.0 0.0 Futures 11.1 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 9.2 0.1 0.1 0.0 0.0 0.0 Other products 3 53.3 1.6 0.7 0.0 0.0 0.0 Total derivative instruments 14,607.8 112.3 111.2 152.5 0.5 0.3 The notional amount, PRV and NRV (trading and hedging) was CHF 14,760.3 billion, CHF 112.8 billion and CHF 111.5 billion, respectively, as of December 31, 2021. 1 Relates to derivative contracts that qualify for hedge accounting under US GAAP. 2 Primarily credit default swaps. 3 Primarily precious metals, commodity and energy products. Fair value of derivative instruments (continued) Trading Hedging 1 Positive Negative Positive Negative Derivative instruments (CHF billion) Forwards and forward rate agreements 5,221.5 2.7 2.8 0.0 0.0 0.0 Swaps 8,087.8 53.5 50.2 126.1 0.9 0.1 Options bought and sold (OTC) 968.6 18.2 18.0 0.0 0.0 0.0 Futures 186.5 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 90.9 0.5 0.6 0.0 0.0 0.0 Interest rate products 14,555.3 2 74.9 71.6 126.1 0.9 0.1 Forwards 928.4 10.1 11.8 13.9 0.1 0.1 Swaps 345.8 10.9 13.4 0.0 0.0 0.0 Options bought and sold (OTC) 185.9 3.4 3.7 0.0 0.0 0.0 Futures 8.8 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 1.0 0.0 0.0 0.0 0.0 0.0 Foreign exchange products 1,469.9 2 24.4 28.9 13.9 0.1 0.1 Forwards 1.0 0.0 0.3 0.0 0.0 0.0 Swaps 167.6 4.3 8.8 0.0 0.0 0.0 Options bought and sold (OTC) 218.3 14.9 10.0 0.0 0.0 0.0 Futures 23.5 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 454.0 20.0 20.7 0.0 0.0 0.0 Equity/index-related products 864.4 39.2 39.8 0.0 0.0 0.0 Credit derivatives 3 467.8 4.9 6.0 0.0 0.0 0.0 Forwards 12.2 0.3 0.2 0.0 0.0 0.0 Swaps 9.8 1.1 0.5 0.0 0.0 0.0 Options bought and sold (OTC) 14.8 0.3 0.2 0.0 0.0 0.0 Futures 4.2 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 11.6 0.1 0.1 0.0 0.0 0.0 Other products 4 52.6 1.8 1.0 0.0 0.0 0.0 Total derivative instruments 17,410.0 2 145.2 147.3 140.0 1.0 0.2 The notional amount, PRV and NRV (trading and hedging) was CHF 17,550.0 billion, CHF 146.2 billion and CHF 147.5 billion, respectively, as of December 31, 2020. 1 Relates to derivative contracts that qualify for hedge accounting under US GAAP. 2 Prior period has been revised. 3 Primarily credit default swaps. 4 Primarily precious metals, commodity and energy products. Gains or (losses) on fair value hedges in 2021 2020 2019 Interest rate products (CHF million) Hedged items 1 1,673 (1,679) (1,721) Derivatives designated as hedging instruments 1 (1,597) 1,564 1,550 The accrued interest on fair value hedges is recorded in net interest income and is excluded from this table. 1 Included in net interest income. Hedged items in fair value hedges 2021 2020 Hedged items Hedged items Carrying Hedging 1 Discontinued 2 Carrying Hedging 1 Discontinued 2 Assets (CHF billion) Investment securities 0.8 0.0 0.0 0.4 0.0 0.0 Net loans 16.6 (0.2) 0.2 20.5 0.2 0.5 Liabilities (CHF billion) Long-term debt 69.4 (0.2) 0.8 65.8 1.9 0.8 1 Relates to the cumulative amount of fair value hedging adjustments included in the carrying amount. 2 Relates to the cumulative amount of fair value hedging adjustments remaining for any hedged items for which hedge accounting has been discontinued. Cash flow hedges in 2021 2020 2019 Interest rate products (CHF million) Gains/(losses) recognized in AOCI on derivatives (314) 134 85 Gains/(losses) reclassified from AOCI into interest and dividend income 7 (70) 3 Foreign exchange products (CHF million) Gains/(losses) recognized in AOCI on derivatives (9) (33) 4 Trading revenues 0 (30) (7) Other revenues 0 0 (4) Total other operating expenses 34 (2) (16) Gains/(losses) reclassified from AOCI into income 34 (32) (27) Gains/(losses) excluded from the assessment of effectiveness reported in trading revenues 1 0 1 (20) 1 Related to the forward points of a foreign currency forward. The net loss associated with cash flow hedges expected to be reclassified from AOCI within the next 12 months was CHF 17 million. Net investment hedges in 2021 2020 2019 Foreign exchange products (CHF million) Gains/(losses) recognized in the cumulative translation adjustments section of AOCI 47 458 (138) Gains/(losses) reclassified from the cumulative translation adjustments section of AOCI into other revenues 0 10 0 The Group includes all derivative instruments not included in hedge accounting relationships in its trading activities. > Refer to “Note 7 – Trading revenues” for gains and losses on trading activities by product type. Disclosures relating to contingent credit risk Certain of the Group’s derivative instruments contain provisions that require it to maintain a specified credit rating from each of the major credit rating agencies. If the ratings fall below the level specified in the contract, the counterparties to the agreements could request payment of additional collateral on those derivative instruments that are in a net liability position. Certain of the derivative contracts also provide for termination of the contract, generally upon a downgrade of either the Group or the counterparty. Such derivative contracts are reflected at close-out costs. The following table provides the Group’s current net exposure from contingent credit risk relating to derivative contracts with bilateral counterparties and SPEs that include credit support agreements, the related collateral posted and the additional collateral required in a one-notch, two-notch and a three-notch downgrade event, respectively. The table also includes derivative contracts with contingent credit risk features without credit support agreements that have accelerated termination event conditions. The current net exposure for derivative contracts with bilateral counterparties and contracts with accelerated termination event conditions is the aggregate fair value of derivative instruments that were in a net liability position. For SPEs, the current net exposure is the contractual amount that is used to determine the collateral payable in the event of a downgrade. The contractual amount could include both the NRV and a percentage of the notional value of the derivative. Contingent credit risk 2021 2020 Special Special Contingent credit risk (CHF billion) Current net exposure 2.3 0.0 0.3 2.6 3.0 0.0 0.4 3.4 Collateral posted 1.9 0.0 – 1.9 2.4 0.0 – 2.4 Impact of a one-notch downgrade event 0.1 0.0 0.0 0.1 0.0 0.0 0.0 0.0 Impact of a two-notch downgrade event 0.2 0.0 0.0 0.2 0.0 0.0 0.0 0.0 Impact of a three-notch downgrade event 0.7 0.0 0.1 0.8 0.5 0.0 0.2 0.7 The impact of a downgrade event reflects the amount of additional collateral required for bilateral counterparties and special purpose entities and the amount of additional termination expenses for accelerated terminations, respectively. Credit derivatives Credit derivatives are contractual agreements in which the buyer generally pays a fee in exchange for a contingent payment by the seller if there is a credit event on the underlying referenced entity or asset. They are generally privately negotiated OTC contracts, with numerous settlement and payment terms, and most are structured so that they specify the occurrence of an identifiable credit event, which can include bankruptcy, insolvency, receivership, material adverse restructuring of debt or failure to meet obligations when due. The Group enters into credit derivative contracts in the normal course of business, buying and selling protection to facilitate client transactions and as a market maker. This includes providing structured credit products for its clients to enable them to hedge their credit risk. The referenced instruments of these structured credit products are both investment grade and non-investment grade and could include corporate bonds, sovereign debt, asset-backed securities (ABS) and loans. These instruments can be formed as single items (single-named instruments) or combined on a portfolio basis (multi-named instruments). The Group purchases protection to economically hedge various forms of credit exposure, for example, the economic hedging of loan portfolios or other cash positions. Finally, the Group also takes proprietary positions which can take the form of either purchased or sold protection. The credit derivatives most commonly transacted by the Group are CDS and credit swaptions. CDSs are contractual agreements in which the buyer of the swap pays an upfront and/or a periodic fee in return for a contingent payment by the seller of the swap following a credit event of the referenced entity or asset. Credit swaptions are options with a specified maturity to buy or sell protection under a CDS on a specific referenced credit event. In addition, to reduce its credit risk, the Group enters into legally enforceable netting agreements with its derivative counterparties. Collateral on these derivative contracts is usually posted on a net counterparty basis and cannot be allocated to a particular derivative contract. > Refer to “Note 28 – Offsetting of financial assets and financial liabilities” for further information on netting. Credit protection sold Credit protection sold is the maximum potential payout, which is based on the notional value of derivatives and represents the amount of future payments that the Group would be required to make as a result of credit risk-related events. The Group believes that the maximum potential payout is not representative of the actual loss exposure based on historical experience. This amount has not been reduced by the Group’s rights to the underlying assets and the related cash flows. In accordance with most credit derivative contracts, should a credit event (or settlement trigger) occur, the Group is usually liable for the difference between the credit protection sold and the recourse it holds in the value of the underlying assets. The maximum potential amount of future payments has not been reduced for any cash collateral paid to a given counterparty as such payments would be calculated after netting all derivative exposures, including any credit derivatives with that counterparty in accordance with a related master netting agreement. Due to such netting processes, determining the amount of collateral that corresponds to credit derivative exposures only is not possible. To reflect the quality of the payment risk on credit protection sold, the Group assigns an internally generated rating to those instruments referenced in the contracts. Internal ratings are assigned by experienced credit analysts based on expert judgment that incorporates analysis and evaluation of both quantitative and qualitative factors. The specific factors analyzed, and their relative importance, are dependent on the type of counterparty. The analysis emphasizes a forward-looking approach, concentrating on economic trends and financial fundamentals, and making use of peer analysis, industry comparisons and other quantitative tools. External ratings and market information are also used in the analysis process where available. Credit protection purchased Credit protection purchased represents those instruments where the underlying reference instrument is identical to the reference instrument of the credit protection sold. The maximum potential payout amount of credit protection purchased for each individual identical underlying reference instrument may be greater or lower than the notional amount of protection sold. The Group also considers estimated recoveries that it would receive if the specified credit event occurred, including both the anticipated value of the underlying referenced asset that would, in most instances, be transferred to the Group and the impact of any purchased protection with an identical reference instrument and product type. Other protection purchased In the normal course of business, the Group purchases protection to offset the risk of credit protection sold that may have similar, but not identical, reference instruments, and may use similar, but not identical, products, which reduces the total credit derivative exposure. Other protection purchased is based on the notional value of the instruments. The Group purchases its protection from banks and broker dealers, other financial institutions and other counterparties. Fair value of credit protection sold The fair values of the credit protection sold give an indication of the amount of payment risk, as the negative fair values increase when the potential payment under the derivative contracts becomes more probable. Credit protection sold/purchased The following tables do not include all credit derivatives and differ from the credit derivatives in the “Fair value of derivative instruments” table. This is due to the exclusion of certain credit derivative instruments under US GAAP, which defines a credit derivative as a derivative instrument (a) in which one or more of its underlyings are related to the credit risk of a specified entity (or a group of entities) or an index based on the credit risk of a group of entities and (b) that exposes the seller to potential loss from credit risk-related events specified in the contract. Total return swaps (TRS) of CHF 12.0 billion and CHF 14.4 billion as of December 31, 2021 and 2020, respectively, were also excluded because a TRS does not expose the seller to potential loss from credit risk-related events specified in the contract. A TRS only provides protection against a loss in asset value and not against additional amounts as a result of specific credit events. Credit protection sold/purchased 2021 2020 1 Net credit Fair value 1 Net credit Fair value Single-name instruments (CHF billion) Investment grade 2 (60.2) 55.6 (4.6) 10.1 0.6 (52.5) 47.8 (4.7) 13.0 0.5 Non-investment grade (31.5) 28.9 (2.6) 7.9 0.4 (28.5) 26.5 (2.0) 11.8 0.4 Total single-name instruments (91.7) 84.5 (7.2) 18.0 1.0 (81.0) 74.3 (6.7) 24.8 0.9 of which sovereign (13.5) 12.2 (1.3) 4.0 (0.1) (12.5) 11.6 (0.9) 5.3 0.0 of which non-sovereign (78.2) 72.3 (5.9) 14.0 1.1 (68.5) 62.7 (5.8) 19.5 0.9 Multi-name instruments (CHF billion) Investment grade 2 (102.9) 96.0 (6.9) 20.2 0.7 (99.5) 95.2 (4.3) 23.1 (0.7) Non-investment grade (35.7) 33.2 (2.5) 12.6 3 (0.5) (24.3) 19.9 (4.4) 11.3 3 0.2 Total multi-name instruments (138.6) 129.2 (9.4) 32.8 0.2 (123.8) 115.1 (8.7) 34.4 (0.5) of which non-sovereign (138.6) 129.2 (9.4) 32.8 0.2 (123.8) 115.1 (8.7) 34.4 (0.5) Total instruments (CHF billion) Investment grade 2 (163.1) 151.6 (11.5) 30.3 1.3 (152.0) 143.0 (9.0) 36.1 (0.2) Non-investment grade (67.2) 62.1 (5.1) 20.5 (0.1) (52.8) 46.4 (6.4) 23.1 0.6 Total instruments (230.3) 213.7 (16.6) 50.8 1.2 (204.8) 189.4 (15.4) 59.2 0.4 of which sovereign (13.5) 12.2 (1.3) 4.0 (0.1) (12.5) 11.6 (0.9) 5.3 0.0 of which non-sovereign (216.8) 201.5 (15.3) 46.8 1.3 (192.3) 177.8 (14.5) 53.9 0.4 1 Represents credit protection purchased with identical underlyings and recoveries. 2 Based on internal ratings of BBB and above. 3 Includes synthetic securitized loan portfolios. The following table reconciles the notional amount of credit derivatives included in the table “Fair value of derivative instruments” to the table “Credit protection sold/purchased”. Credit derivatives end of 2021 2020 Credit derivatives (CHF billion) Credit protection sold 230.3 204.8 Credit protection purchased 213.7 189.4 Other protection purchased 50.8 59.2 Other instruments 1 12.0 14.4 Total credit derivatives 506.8 467.8 1 Consists of total return swaps and other derivative instruments. The segregation of the future payments by maturity range and underlying risk gives an indication of the current status of the potential for performance under the derivative contracts. Maturity of credit protection sold Maturity Maturity Maturity 2021 (CHF billion) Single-name instruments 14.4 73.6 3.7 91.7 Multi-name instruments 39.9 88.3 10.4 138.6 Total instruments 54.3 161.9 14.1 230.3 2020 (CHF billion) Single-name instruments 14.0 62.7 4.3 81.0 Multi-name instruments 29.6 82.6 11.6 123.8 Total instruments 43.6 145.3 15.9 204.8
Bank
Derivatives and hedging activities	32 Derivatives and hedging activities > Refer to “Note 33 – Derivatives and hedging activities” in VI – Consolidated financial statements – Credit Suisse Group for further information. Hedge accounting Cash flow hedges As of the end of 2021, the maximum length of time over which the Bank hedged its exposure to the variability in future cash flows for forecasted transactions, excluding those forecasted transactions related to the payment of variable interest on existing financial instruments, was 12 months. Fair value of derivative instruments Trading Hedging 1 Positive Negative Positive Negative Derivative instruments (CHF billion) Forwards and forward rate agreements 1,736.0 0.9 0.9 0.0 0.0 0.0 Swaps 8,818.8 36.9 33.0 127.5 0.4 0.2 Options bought and sold (OTC) 779.0 11.5 10.9 0.0 0.0 0.0 Futures 144.5 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 71.6 0.1 0.0 0.0 0.0 0.0 Interest rate products 11,549.9 49.4 44.8 127.5 0.4 0.2 Forwards 1,052.9 7.6 8.2 21.1 0.1 0.1 Swaps 345.3 11.3 12.4 0.0 0.0 0.0 Options bought and sold (OTC) 174.9 2.0 2.2 0.0 0.0 0.0 Futures 10.3 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 1.6 0.0 0.0 0.0 0.0 0.0 Foreign exchange products 1,585.0 20.9 22.8 21.1 0.1 0.1 Forwards 0.9 0.1 0.0 0.0 0.0 0.0 Swaps 94.7 1.4 2.6 0.0 0.0 0.0 Options bought and sold (OTC) 243.9 11.1 12.5 0.0 0.0 0.0 Futures 46.3 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 535.8 22.9 21.5 0.0 0.0 0.0 Equity/index-related products 921.6 35.5 36.6 0.0 0.0 0.0 Credit derivatives 2 506.8 5.0 6.3 0.0 0.0 0.0 Forwards 9.9 0.2 0.1 0.0 0.0 0.0 Swaps 12.0 1.1 0.4 0.0 0.0 0.0 Options bought and sold (OTC) 11.1 0.2 0.1 0.0 0.0 0.0 Futures 11.1 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 9.2 0.1 0.1 0.0 0.0 0.0 Other products 3 53.3 1.6 0.7 0.0 0.0 0.0 Total derivative instruments 14,616.6 112.4 111.2 148.6 0.5 0.3 The notional amount, PRV and NRV (trading and hedging) was CHF 14,765.2 billion, CHF 112.9 billion and CHF 111.5 billion, respectively, as of December 31, 2021. 1 Relates to derivative contracts that qualify for hedge accounting under US GAAP. 2 Primarily credit default swaps. 3 Primarily precious metals, commodity and energy products. Fair value of derivative instruments (continued) Trading Hedging 1 Positive Negative Positive Negative Derivative instruments (CHF billion) Forwards and forward rate agreements 5,221.5 2.7 2.8 0.0 0.0 0.0 Swaps 8,088.7 53.5 50.3 126.1 0.9 0.1 Options bought and sold (OTC) 968.6 18.2 18.0 0.0 0.0 0.0 Futures 186.5 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 90.9 0.5 0.6 0.0 0.0 0.0 Interest rate products 14,556.2 2 74.9 71.7 126.1 0.9 0.1 Forwards 928.4 10.1 11.8 13.9 0.1 0.1 Swaps 345.8 10.9 13.4 0.0 0.0 0.0 Options bought and sold (OTC) 185.9 3.4 3.7 0.0 0.0 0.0 Futures 8.8 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 1.0 0.0 0.0 0.0 0.0 0.0 Foreign exchange products 1,469.9 2 24.4 28.9 13.9 0.1 0.1 Forwards 1.0 0.0 0.3 0.0 0.0 0.0 Swaps 167.6 4.3 8.8 0.0 0.0 0.0 Options bought and sold (OTC) 218.3 14.9 10.0 0.0 0.0 0.0 Futures 23.5 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 454.0 20.0 20.7 0.0 0.0 0.0 Equity/index-related products 864.4 39.2 39.8 0.0 0.0 0.0 Credit derivatives 3 467.8 4.9 6.0 0.0 0.0 0.0 Forwards 12.2 0.3 0.2 0.0 0.0 0.0 Swaps 9.8 1.1 0.5 0.0 0.0 0.0 Options bought and sold (OTC) 14.8 0.3 0.2 0.0 0.0 0.0 Futures 4.2 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 11.6 0.1 0.1 0.0 0.0 0.0 Other products 4 52.6 1.8 1.0 0.0 0.0 0.0 Total derivative instruments 17,410.9 2 145.2 147.4 140.0 1.0 0.2 The notional amount, PRV and NRV (trading and hedging) was CHF 17,550.9 billion, CHF 146.2 billion and CHF 147.6 billion, respectively, as of December 31, 2020. 1 Relates to derivative contracts that qualify for hedge accounting under US GAAP. 2 Prior period has been revised. 3 Primarily credit default swaps. 4 Primarily precious metals, commodity and energy products. Gains or (losses) on fair value hedges in 2021 2020 2019 Interest rate products (CHF million) Hedged items 1 1,523 (1,679) (1,721) Derivatives designated as hedging instruments 1 (1,448) 1,564 1,550 The accrued interest on fair value hedges is recorded in net interest income and is excluded from this table. 1 Included in net interest income. Hedged items in fair value hedges 2021 2020 Hedged items Hedged items Carrying Hedging 1 Discontinued 2 Carrying Hedging 1 Discontinued 2 Assets (CHF billion) Investment securities 0.8 0.0 0.0 0.4 0.0 0.0 Net loans 16.6 (0.2) 0.2 20.5 0.2 0.5 Liabilities (CHF billion) Long-term debt 65.6 (0.1) 0.8 65.8 1.9 0.8 1 Relates to the cumulative amount of fair value hedging adjustments included in the carrying amount. 2 Relates to the cumulative amount of fair value hedging adjustments remaining for any hedged items for which hedge accounting has been discontinued. Cash flow hedges in 2021 2020 2019 Interest rate products (CHF million) Gains/(losses) recognized in AOCI on derivatives (314) 134 85 Gains/(losses) reclassified from AOCI into interest and dividend income 7 (70) 3 Foreign exchange products (CHF million) Gains/(losses) recognized in AOCI on derivatives (9) (33) (5) Trading revenues 0 (30) (7) Other revenues 0 0 0 Total other operating expenses 34 (2) (16) Gains/(losses) reclassified from AOCI into income 34 (32) (23) Gains/(losses) excluded from the assessment of effectiveness reported in trading revenues 1 0 1 (20) 1 Related to the forward points of a foreign currency forward. The net loss associated with cash flow hedges expected to be reclassified from AOCI within the next 12 months was CHF 17 Net investment hedges in 2021 2020 2019 Foreign exchange products (CHF million) Gains/(losses) recognized in the cumulative translation adjustments section of AOCI 51 451 (133) Gains/(losses) reclassified from the cumulative translation adjustments section of AOCI into other revenues 0 10 0 The Bank includes all derivative instruments not included in hedge accounting relationships in its trading activities. > Refer to “Note 7 – Trading revenues” for gains and losses on trading activities by product type. Disclosures relating to contingent credit risk The following table provides the Bank’s current net exposure from contingent credit risk relating to derivative contracts with bilateral counterparties and special purpose entities (SPEs) that include credit support agreements, the related collateral posted and the additional collateral required in a one-notch, two-notch and a three-notch downgrade event, respectively. The table also includes derivative contracts with contingent credit risk features without credit support agreements that have accelerated termination event conditions. The current net exposure for derivative contracts with bilateral counterparties and contracts with accelerated termination event conditions is the aggregate fair value of derivative instruments that were in a net liability position. For SPEs, the current net exposure is the contractual amount that is used to determine the collateral payable in the event of a downgrade. The contractual amount could include both the negative replacement value and a percentage of the notional value of the derivative. Contingent credit risk 2021 2020 Special Special Contingent credit risk (CHF billion) Current net exposure 2.3 0.0 0.3 2.6 3.0 0.0 0.4 3.4 Collateral posted 1.9 0.0 – 1.9 2.4 0.0 – 2.4 Impact of a one-notch downgrade event 0.1 0.0 0.0 0.1 0.0 0.0 0.0 0.0 Impact of a two-notch downgrade event 0.2 0.0 0.0 0.2 0.0 0.0 0.0 0.0 Impact of a three-notch downgrade event 0.7 0.0 0.1 0.8 0.5 0.0 0.2 0.7 The impact of a downgrade event reflects the amount of additional collateral required for bilateral counterparties and special purpose entities and the amount of additional termination expenses for accelerated terminations, respectively. Credit derivatives > Refer to “Note 33 – Derivatives and hedging activities” in VI – Consolidated financial statements – Credit Suisse Group for further information. Credit protection sold/purchased The following tables do not include all credit derivatives and differ from the credit derivatives in the “Fair value of derivative instruments” table. This is due to the exclusion of certain credit derivative instruments under US GAAP, which defines a credit derivative as a derivative instrument (a) in which one or more of its underlyings are related to the credit risk of a specified entity (or a group of entities) or an index based on the credit risk of a group of entities and (b) that exposes the seller to potential loss from credit risk-related events specified in the contract. Total return swaps (TRS) of CHF 12.0 billion and CHF 14.4 billion as of December 31, 2021 and 2020, respectively, were also excluded because a TRS does not expose the seller to potential loss from credit risk-related events specified in the contract. A TRS only provides protection against a loss in asset value and not against additional amounts as a result of specific credit events. Credit protection sold/purchased 2021 2020 1 Net credit Fair value 1 Net credit Fair value Single-name instruments (CHF billion) Investment grade 2 (60.2) 55.6 (4.6) 10.1 0.6 (52.5) 47.8 (4.7) 13.0 0.5 Non-investment grade (31.5) 28.9 (2.6) 7.9 0.4 (28.5) 26.5 (2.0) 11.8 0.4 Total single-name instruments (91.7) 84.5 (7.2) 18.0 1.0 (81.0) 74.3 (6.7) 24.8 0.9 of which sovereign (13.5) 12.2 (1.3) 4.0 (0.1) (12.5) 11.6 (0.9) 5.3 0.0 of which non-sovereign (78.2) 72.3 (5.9) 14.0 1.1 (68.5) 62.7 (5.8) 19.5 0.9 Multi-name instruments (CHF billion) Investment grade 2 (102.9) 96.0 (6.9) 20.2 0.7 (99.5) 95.2 (4.3) 23.1 (0.7) Non-investment grade (35.7) 33.2 (2.5) 12.6 3 (0.5) (24.3) 19.9 (4.4) 11.3 3 0.2 Total multi-name instruments (138.6) 129.2 (9.4) 32.8 0.2 (123.8) 115.1 (8.7) 34.4 (0.5) of which non-sovereign (138.6) 129.2 (9.4) 32.8 0.2 (123.8) 115.1 (8.7) 34.4 (0.5) Total instruments (CHF billion) Investment grade 2 (163.1) 151.6 (11.5) 30.3 1.3 (152.0) 143.0 (9.0) 36.1 (0.2) Non-investment grade (67.2) 62.1 (5.1) 20.5 (0.1) (52.8) 46.4 (6.4) 23.1 0.6 Total instruments (230.3) 213.7 (16.6) 50.8 1.2 (204.8) 189.4 (15.4) 59.2 0.4 of which sovereign (13.5) 12.2 (1.3) 4.0 (0.1) (12.5) 11.6 (0.9) 5.3 0.0 of which non-sovereign (216.8) 201.5 (15.3) 46.8 1.3 (192.3) 177.8 (14.5) 53.9 0.4 1 Represents credit protection purchased with identical underlyings and recoveries. 2 Based on internal ratings of BBB and above. 3 Includes synthetic securitized loan portfolios. The following table reconciles the notional amount of credit derivatives included in the table “Fair value of derivative instruments” to the table “Credit protection sold/purchased”. Credit derivatives end of 2021 2020 Credit derivatives (CHF billion) Credit protection sold 230.3 204.8 Credit protection purchased 213.7 189.4 Other protection purchased 50.8 59.2 Other instruments 1 12.0 14.4 Total credit derivatives 506.8 467.8 1 Consists of total return swaps and other derivative instruments. Maturity of credit protection sold Maturity Maturity Maturity 2021 (CHF billion) Single-name instruments 14.4 73.6 3.7 91.7 Multi-name instruments 39.9 88.3 10.4 138.6 Total instruments 54.3 161.9 14.1 230.3 2020 (CHF billion) Single-name instruments 14.0 62.7 4.3 81.0 Multi-name instruments 29.6 82.6 11.6 123.8 Total instruments 43.6 145.3 15.9 204.8

Guarantees and commitments

Guarantees and commitments	12 Months Ended
	Dec. 31, 2021
Guarantees and commitments	34 Guarantees and commitments Guarantees In the ordinary course of business, guarantees are provided that contingently obligate the Group to make payments to third parties if the counterparty fails to fulfill its obligation under a borrowing or other contractual arrangement. The total gross amount disclosed within the Guarantees table reflects the maximum potential payment under the guarantees. The carrying value represents the higher of the initial fair value (generally the related fee received or receivable) less cumulative amortization and the Group’s current best estimate of payments that will be required under existing guarantee arrangements. Guarantees provided by the Group are classified as follows: credit guarantees and similar instruments, performance guarantees and similar instruments, derivatives and other guarantees. Guarantees Maturity Maturity Maturity Maturity 1 2021 (CHF million) Credit guarantees and similar instruments 2,124 1,049 197 561 3,931 3,874 25 2,014 Performance guarantees and similar instruments 3,982 2,253 555 528 7,318 6,299 40 3,605 Derivatives 2 5,374 2,567 561 419 8,921 8,921 289 – Other guarantees 4,012 1,040 307 1,151 6,510 6,469 71 3,789 Total guarantees 15,492 6,909 1,620 2,659 26,680 25,563 425 9,408 2020 (CHF million) Credit guarantees and similar instruments 1,645 649 203 582 3,079 3,016 27 1,637 Performance guarantees and similar instruments 3,607 1,885 526 514 6,532 5,601 30 2,535 Derivatives 2,3 4,179 6,051 1,288 559 12,077 12,077 158 – Other guarantees 3,555 996 421 1,171 6,143 6,130 85 3,725 Total guarantees 12,986 9,581 2,438 2,826 27,831 26,824 300 7,897 1 Total net amount is computed as the gross amount less any participations. 2 Excludes derivative contracts with certain active commercial and investment banks and certain other counterparties, as such contracts can be cash settled and the Group had no basis to conclude it was probable that the counterparties held, at inception, the underlying instruments. 3 Prior period has been revised. Credit guarantees and similar instruments Credit guarantees and similar instruments are contracts that require the Group to make payments should a third party fail to do so under a specified existing credit obligation. The position includes standby letters of credit, commercial and residential mortgage guarantees, credit guarantees to clearing and settlement networks and exchanges and other guarantees associated with VIEs. Standby letters of credit are made in connection with the corporate lending business and other corporate activities, where the Group provides guarantees to counterparties in the form of standby letters of credit, which represent obligations to make payments to third parties if the counterparties fail to fulfill their obligations under a borrowing arrangement or other contractual obligation. Commercial and residential mortgage guarantees are made in connection with the Group’s commercial mortgage activities in the US, where the Group sells certain commercial and residential mortgages to Fannie Mae and agrees to bear a percentage of the losses triggered by the borrowers failing to perform on the mortgage. The Group also issues guarantees that require it to reimburse Fannie Mae for losses on certain whole loans underlying mortgage-backed securities issued by Fannie Mae, which are triggered by borrowers failing to perform on the underlying mortgages. The Group also provides guarantees to VIEs and other counterparties under which it may be required to buy assets from such entities upon the occurrence of certain triggering events such as rating downgrades and/or substantial decreases in the fair value of those assets. Performance guarantees and similar instruments Performance guarantees and similar instruments are arrangements that require contingent payments to be made when certain performance-related targets or covenants are not met. Such covenants may include a customer’s obligation to deliver certain products and services or to perform under a construction contract. Performance guarantees are frequently executed as part of project finance transactions. The position includes private equity fund guarantees and guarantees related to residential mortgage securitization activities. For private equity fund guarantees, the Group has provided investors in private equity funds sponsored by a Group entity guarantees on potential obligations of certain general partners to return amounts previously paid as carried interest to those general partners if the performance of the remaining investments declines. To manage its exposure, the Group generally withholds a portion of carried interest distributions to cover any repayment obligations. In addition, pursuant to certain contractual arrangements, the Group is obligated to make cash payments to certain investors in certain private equity funds if specified performance thresholds are not met. Further, as part of the Group’s residential mortgage securitization activities in the US, the Group may guarantee the collection by the servicer and remittance to the securitization trust of prepayment penalties. The Group will have to perform under these guarantees in the event the servicer fails to remit the prepayment penalties. Derivatives Derivatives which may also have the characteristics of a guarantee are issued in the ordinary course of business, generally in the form of written put options. Such derivative contracts do not meet the characteristics of a guarantee if they are cash settled and the Group has no basis to conclude it is probable that the counterparties held, at inception, the underlying instruments related to the derivative contracts. The Group has concluded that these conditions were met for certain active commercial and investment banks and certain other counterparties, and accordingly, the Group has reported such contracts as derivatives only. The Group manages its exposure to these derivatives by engaging in various hedging strategies to reduce its exposure. For some contracts, such as written interest rate caps or foreign exchange options, the maximum payout is not determinable as interest rates or exchange rates could theoretically rise without limit. For these contracts, notional amounts were disclosed in the table above in order to provide an indication of the underlying exposure. In addition, the Group carries all derivatives at fair value in the consolidated balance sheets and has considered the performance triggers and probabilities of payment when determining those fair values. It is more likely than not that written put options that are in-the-money to the counterparty will be exercised, for which the Group’s exposure was limited to the carrying value reflected in the table. Other guarantees Other guarantees include bankers’ acceptances, residual value guarantees, deposit insurance, contingent considerations in business combinations, the minimum value of an investment in mutual funds or private equity funds and all other guarantees that were not allocated to one of the categories above. Deposit-taking banks and securities dealers in Switzerland and certain other European countries are required to ensure the payout of privileged deposits in case of specified restrictions or compulsory liquidation of a deposit-taking bank. In Switzerland, deposit-taking banks and securities dealers jointly guarantee an amount of up to CHF 6 billion. Upon occurrence of a payout event triggered by a specified restriction of business imposed by FINMA or by the compulsory liquidation of another deposit-taking bank, the Group’s contribution will be calculated based on its share of privileged deposits in proportion to total privileged deposits. Based on FINMA’s estimate for the Group’s banking subsidiaries in Switzerland, the Group’s share in the deposit insurance guarantee program for the period July 1, 2021 to June 30, 2022 is CHF 0.5 billion. These deposit insurance guarantees were reflected in other guarantees. Representations and warranties on residential mortgage loans sold In connection with the Investment Bank division’s sale of US residential mortgage loans, the Group has provided certain representations and warranties relating to the loans sold. The Group has provided these representations and warranties relating to sales of loans to institutional investors, primarily banks, and non-agency, or private label, securitizations. The loans sold are primarily loans that the Group has purchased from other parties. The scope of representations and warranties, if any, depends on the transaction, but can include: ownership of the mortgage loans and legal capacity to sell the loans; loan-to-value ratios and other characteristics of the property, the borrower and the loan; validity of the liens securing the loans and absence of delinquent taxes or related liens; conformity to underwriting standards and completeness of documentation; and origination in compliance with law. If it is determined that representations and warranties were breached, the Group may be required to repurchase the related loans or indemnify the investors to make them whole for losses. Whether the Group will incur a loss in connection with repurchases and make whole payments depends on: the extent to which claims are made; the validity of such claims made within the statute of limitations (including the likelihood and ability to enforce claims); whether the Group can successfully claim against parties that sold loans to the Group and made representations and warranties to the Group; the residential real estate market, including the number of defaults; and whether the obligations of the securitization vehicles were guaranteed or insured by third parties. Repurchase claims on residential mortgage loans sold that are subject to arbitration or litigation proceedings, or become so during the reporting period, are not included in this Guarantees and commitments disclosure but are addressed in litigation and related loss contingencies and provisions. The Group is involved in litigation relating to representations and warranties on residential mortgages sold. > Refer to “Note 40 – Litigation” for further information. Disposal-related contingencies and other indemnifications The Group has certain guarantees for which its maximum contingent liability cannot be quantified. These guarantees are not reflected in the “Guarantees” table and are discussed below. Disposal-related contingencies In connection with the sale of assets or businesses, the Group sometimes provides the acquirer with certain indemnification provisions. These indemnification provisions vary by counterparty in scope and duration and depend upon the type of assets or businesses sold. They are designed to transfer the potential risk of certain unquantifiable and unknowable loss contingencies, such as litigation, tax and intellectual property matters, from the acquirer to the seller. The Group closely monitors all such contractual agreements in order to ensure that indemnification provisions are adequately provided for in the Group’s consolidated financial statements. Other indemnifications The Group provides indemnifications to certain counterparties in connection with its normal operating activities for which it is not possible to estimate the maximum amount that it could be obligated to pay. As a normal part of issuing its own securities, the Group typically agrees to reimburse holders for additional tax withholding charges or assessments resulting from changes in applicable tax laws or the interpretation of those laws. Securities that include these agreements to pay additional amounts generally also include a related redemption or call provision if the obligation to pay the additional amounts results from a change in law or its interpretation and the obligation cannot be avoided by the issuer taking reasonable steps to avoid the payment of additional amounts. Since such potential obligations are dependent on future changes in tax laws, the related liabilities the Group may incur as a result of such changes cannot be reasonably estimated. In light of the related call provisions typically included, the Group does not expect any potential liabilities in respect of tax gross-ups to be material. The Group is a member of numerous securities exchanges and clearing houses and may, as a result of its membership arrangements, be required to perform if another member defaults and available amounts as defined in the relevant exchange’s or clearing house’s default waterfalls are not sufficient to cover losses of another member’s default. The exchange’s or clearing house’s default management procedures may provide for cash calls to non-defaulting members which may be limited to the amount (or a multiple of the amount) of the Group’s contribution to the guarantee fund. However, if these cash calls are not sufficient to cover losses, the default waterfall and default management procedures may foresee further loss allocation. Furthermore, some clearing house arrangements require members to assume a proportionate share of non-default losses, if such losses exceed the specified resources allocated for such purpose by the clearing house. Non-default losses result from the clearing house’s investment of guarantee fund contributions and initial margin or are other losses unrelated to the default of a clearing member. The Group has determined that it is not possible to reasonably estimate the maximum potential amount of future payments due under the membership arrangements. In addition, the Group believes that any potential requirement to make payments under these membership arrangements is remote. Other commitments Irrevocable commitments under documentary credits Irrevocable commitments under documentary credits include exposures from trade finance related to commercial letters of credit under which the Group guarantees payments to exporters against presentation of shipping and other documents. Irrevocable loan commitments Irrevocable loan commitments are irrevocable credit facilities extended to clients and include fully or partially undrawn commitments that are legally binding and cannot be unconditionally cancelled by the Group. Commitments to originate mortgage loans that will be held for sale are considered derivatives for accounting purposes and are not included in this disclosure. Such commitments are reflected as derivatives in the consolidated balance sheets. Forward reverse repurchase agreements Forward reverse repurchase agreements represent transactions in which the initial cash exchange of the reverse repurchase transactions takes place on specified future dates. The Group enters into forward reverse repurchase agreements with counterparties that may have existing funded reverse repurchase agreements. Depending on the details of the counterparty contract with Credit Suisse, both a counterparty’s existing funded reverse repurchase agreement and any forward reverse repurchase agreements under contract with the same counterparty are considered. Other commitments Other commitments include private equity commitments, firm commitments in underwriting securities, commitments arising from deferred payment letters of credit and from acceptances in circulation and liabilities for call and put options on shares and other equity instruments. Other commitments Maturity Maturity Maturity Maturity 1 2021 (CHF million) Irrevocable commitments under documentary credits 4,796 116 0 0 4,912 4,602 2,801 Irrevocable loan commitments 2 22,959 44,143 43,848 11,609 122,559 118,281 55,766 Forward reverse repurchase agreements 466 0 0 0 466 466 466 Other commitments 121 16 11 248 396 396 8 Total other commitments 28,342 44,275 43,859 11,857 128,333 123,745 59,041 2020 (CHF million) Irrevocable commitments under documentary credits 3,915 97 0 0 4,012 3,963 2,404 Irrevocable loan commitments 2 19,813 48,855 39,605 10,749 119,022 115,116 53,039 Forward reverse repurchase agreements 17 0 0 0 17 17 17 Other commitments 135 1,418 9 381 1,943 1,943 19 Total other commitments 23,880 50,370 39,614 11,130 124,994 121,039 55,479 1 Total net amount is computed as the gross amount less any participations. 2 Irrevocable loan commitments do not include a total gross amount of CHF 143,992 million and CHF 130,877 million of unused credit limits as of the end of 2021 and 2020 respectively, which were revocable at the Group's sole discretion upon notice to the client.
Bank
Guarantees and commitments	33 Guarantees and commitments Guarantees Maturity Maturity Maturity Maturity 1 2021 (CHF million) Credit guarantees and similar instruments 2,124 1,049 197 561 3,931 3,874 25 2,014 Performance guarantees and similar instruments 3,982 2,253 555 528 7,318 6,299 40 3,605 Derivatives 2 5,374 2,567 561 419 8,921 8,921 289 – Other guarantees 4,012 1,040 307 1,151 6,510 6,469 71 3,789 Total guarantees 15,492 6,909 1,620 2,659 26,680 25,563 425 9,408 2020 (CHF million) Credit guarantees and similar instruments 1,645 653 203 582 3,083 3,020 27 1,637 Performance guarantees and similar instruments 3,607 1,885 526 514 6,532 5,601 30 2,535 Derivatives 2,3 4,179 6,051 1,288 559 12,077 12,077 158 – Other guarantees 3,555 996 421 1,171 6,143 6,130 85 3,725 Total guarantees 12,986 9,585 2,438 2,826 27,835 26,828 300 7,897 1 Total net amount is computed as the gross amount less any participations. 2 Excludes derivative contracts with certain active commercial and investment banks and certain other counterparties, as such contracts can be cash settled and the Bank had no basis to conclude it was probable that the counterparties held, at inception, the underlying instruments. 3 Prior period has been revised. > Refer to “Note 34 – Guarantees and commitments” in VI – Consolidated financial statements – Credit Suisse Group for further information. Deposit-taking banks and securities dealers in Switzerland and certain other European countries are required to ensure the payout of privileged deposits in case of specified restrictions or compulsory liquidation of a deposit-taking bank. In Switzerland, deposit-taking banks and securities dealers jointly guarantee an amount of up to CHF 6 billion. Upon occurrence of a payout event triggered by a specified restriction of business imposed by the Swiss Financial Market Supervisory Authority FINMA (FINMA) or by the compulsory liquidation of another deposit-taking bank, the Bank’s contribution will be calculated based on its share of privileged deposits in proportion to total privileged deposits. Based on FINMA’s estimate for the Bank, the Bank’s share in the deposit insurance guarantee program for the period July 1, 2021 to June 30, 2022 is CHF 0.5 billion. These deposit insurance guarantees were reflected in other guarantees. Representations and warranties on residential mortgage loans sold In connection with the Investment Bank division’s sale of US residential mortgage loans, the Bank has provided certain representations and warranties relating to the loans sold. Other commitments Maturity Maturity Maturity Maturity 1 2021 (CHF million) Irrevocable commitments under documentary credits 4,796 116 0 0 4,912 4,602 2,801 Irrevocable loan commitments 22,959 44,143 43,848 11,609 122,559 2 118,281 55,766 Forward reverse repurchase agreements 466 0 0 0 466 466 466 Other commitments 121 16 11 248 396 396 8 Total other commitments 28,342 44,275 43,859 11,857 128,333 123,745 59,041 2020 (CHF million) Irrevocable commitments under documentary credits 3,915 97 0 0 4,012 3,963 2,404 Irrevocable loan commitments 19,813 48,855 39,605 10,749 119,022 2 115,116 53,039 Forward reverse repurchase agreements 17 0 0 0 17 17 17 Other commitments 135 1,418 9 381 1,943 1,943 19 Total other commitments 23,880 50,370 39,614 11,130 124,994 121,039 55,479 1 Total net amount is computed as the gross amount less any participations. 2 Irrevocable loan commitments do not include a total gross amount of CHF 144,079 million and CHF 130,965 million of unused credit limits as of December 31, 2021 and 2020, respectively, which were revocable at the Bank's sole discretion upon notice to the client.

Transfers of financial assets a

Transfers of financial assets and variable interest entities	12 Months Ended
	Dec. 31, 2021
Transfers of financial assets and variable interest entities	35 Transfers of financial assets and variable interest entities In the normal course of business, the Group enters into transactions with, and makes use of, SPEs. An SPE is an entity in the form of a trust or other legal structure designed to fulfill a specific limited need of the company that organized it and is generally structured to isolate the SPE’s assets from creditors of other entities, including the Group. The principal uses of SPEs are to assist the Group and its clients in securitizing financial assets and creating investment products. The Group also uses SPEs for other client-driven activity, such as to facilitate financings, and for Group tax or regulatory purposes. Transfers of financial assets Securitizations The majority of the Group’s securitization activities involve mortgages and mortgage-related securities and are predominantly transacted using SPEs. In a typical securitization, the SPE purchases assets financed by proceeds received from the SPE’s issuance of debt and equity instruments, certificates, CP and other notes of indebtedness. These assets and liabilities are recorded on the balance sheet of the SPE and not reflected on the Group’s consolidated balance sheet, unless either the Group sold the assets to the entity and the accounting requirements for sale were not met or the Group consolidates the SPE. The Group purchases commercial and residential mortgages for the purpose of securitization and sells these mortgage loans to SPEs. These SPEs issue commercial mortgage-backed securities (CMBS), residential mortgage-backed securities (RMBS) and ABS that are collateralized by the assets transferred to the SPE and that pay a return based on the returns on those assets. Investors in these mortgage-backed securities or ABS typically have recourse to the assets in the SPEs. Third-party guarantees may further enhance the creditworthiness of the assets. The investors and the SPEs have no recourse to the Group’s assets. The Group is typically an underwriter of, and makes a market in, these securities. The Group also transacts in re-securitizations of previously issued RMBS securities. Typically, certificates issued out of an existing securitization vehicle are sold into a newly created and separate securitization vehicle. Often, these re-securitizations are initiated in order to re-securitize an existing security to give the investor an investment with different risk ratings or characteristics. The Group also uses SPEs for other asset-backed financings relating to client-driven activity and for Group tax or regulatory purposes. Types of structures included in this category include managed collateralized loan obligations (CLOs), CLOs, leveraged finance, repack and other types of transactions, including life insurance structures, emerging market structures set up for financing, loan participation or loan origination purposes, and other alternative structures created for the purpose of investing in venture capital-like investments. CLOs are collateralized by loans transferred to the CLO vehicle and pay a return based on the returns on the loans. Leveraged finance structures are used to assist in the syndication of certain loans held by the Group, while repack structures are designed to give a client collateralized exposure to specific cash flows or credit risk backed by collateral purchased from the Group. In these asset-backed financing structures, investors typically only have recourse to the collateral of the SPE and do not have recourse to the Group’s assets. When the Group transfers assets into an SPE, it must assess whether that transfer is accounted for as a sale of the assets. Transfers of assets may not meet sale requirements if the assets have not been legally isolated from the Group and/or if the Group’s continuing involvement is deemed to give it effective control over the assets. If the transfer is not deemed a sale, it is instead accounted for as a secured borrowing, with the transferred assets as collateral. Gains and losses on securitization transactions depend, in part, on the carrying values of mortgages and loans involved in the transfer and are allocated between the assets sold and any beneficial interests retained according to the relative fair values at the date of sale. The Group does not retain material servicing responsibilities from securitization activities. The following table provides the gains or losses and proceeds from the transfer of assets relating to 2021, 2020 and 2019 securitizations of financial assets that qualify for sale accounting and subsequent derecognition, along with the cash flows between the Group and the SPEs used in any securitizations in which the Group still has continuing involvement, regardless of when the securitization occurred. Securitizations in 2021 2020 2019 Gains/(losses) and cash flows (CHF million) CMBS Net gain/(loss) 1 (7) 85 10 Proceeds from transfer of assets 3,525 9,209 7,757 Cash received on interests that continue to be held 42 52 162 RMBS Net gain 1 70 32 2 Proceeds from transfer of assets 37,048 23,358 21,566 Purchases of previously transferred financial assets or its underlying collateral (1,604) 0 (1) Servicing fees 2 2 2 Cash received on interests that continue to be held 1,088 864 312 Other asset-backed financings Net gain 1 65 105 101 Proceeds from transfer of assets 12,129 9,564 11,702 Purchases of previously transferred financial assets or its underlying collateral (1,323) (1,606) (763) Fees 2 165 148 151 Cash received on interests that continue to be held 14 17 6 1 Includes underwriting revenues, deferred origination fees, gains or losses on the sale of collateral to the SPE and gains or losses on the sale of newly issued securities to third parties, but excludes net interest income on assets prior to the securitization. The gains or losses on the sale of the collateral is the difference between the fair value on the day prior to the securitization pricing date and the sale price of the loans. 2 Represents management fees and performance fees earned for investment management services provided to managed CLOs. Continuing involvement in transferred financial assets The Group may have continuing involvement in the financial assets that are transferred to an SPE, which may take several forms, including, but not limited to, servicing, recourse and guarantee arrangements, agreements to purchase or redeem transferred assets, derivative instruments, pledges of collateral and beneficial interests in the transferred assets. Beneficial interests, which are valued at fair value, include rights to receive all or portions of specified cash inflows received by an SPE, including, but not limited to, senior and subordinated shares of interest, principal, or other cash inflows to be “passed through” or “paid through”, premiums due to guarantors, CP obligations, and residual interests, whether in the form of debt or equity. The Group’s exposure resulting from continuing involvement in transferred financial assets is generally limited to beneficial interests typically held by the Group in the form of instruments issued by SPEs that are senior, subordinated or residual tranches. These instruments are held by the Group typically in connection with underwriting or market-making activities and are included in trading assets in the consolidated balance sheets. Any changes in the fair value of these beneficial interests are recognized in the consolidated statements of operations. Investors usually have recourse to the assets in the SPE and often benefit from other credit enhancements, such as collateral accounts, or from liquidity facilities, such as lines of credit or liquidity put option of asset purchase agreements. The SPE may also enter into a derivative contract in order to convert the yield or currency of the underlying assets to match the needs of the SPE investors, or to limit or change the credit risk of the SPE. The Group may be the provider of certain credit enhancements as well as the counterparty to any related derivative contract. The following table provides the outstanding principal balance of assets to which the Group continued to be exposed after the transfer of the financial assets to any SPE and the total assets of the SPE as of December 31, 2021 and 2020, regardless of when the transfer of assets occurred. Principal amounts outstanding and total assets of SPEs resulting from continuing involvement end of 2021 2020 CHF million CMBS Principal amount outstanding 15,428 17,421 Total assets of SPE 23,205 24,455 RMBS Principal amount outstanding 56,990 47,324 Total assets of SPE 56,990 47,863 Other asset-backed financings Principal amount outstanding 24,856 24,968 Total assets of SPE 57,797 50,817 Principal amount outstanding relates to assets transferred from the Group and does not include principal amounts for assets transferred from third parties. Fair value of beneficial interests The fair value measurement of the beneficial interests held at the time of transfer and as of the reporting date that result from any continuing involvement is determined using fair value estimation techniques, such as the present value of estimated future cash flows that incorporate assumptions that market participants customarily use in these valuation techniques. The fair value of the assets or liabilities that result from any continuing involvement does not include any benefits from financial instruments that the Group may utilize to hedge the inherent risks. Key economic assumptions at the time of transfer > Refer to “Fair value measurement” in Note 36 – Financial instruments for further information on the fair value hierarchy. Key economic assumptions used in measuring fair value of beneficial interests at time of transfer 2021 2020 2019 at time of transfer, in CMBS RMBS CMBS RMBS CMBS RMBS CHF million, except where indicated Fair value of beneficial interests 196 2,594 342 2,692 549 3,171 of which level 2 170 2,126 305 2,398 455 2,978 of which level 3 26 468 37 294 94 193 Weighted-average life, in years 5.2 5.3 6.4 3.8 5.5 5.5 Prepayment speed assumption (rate per annum), in % 1 – 2 3.0 – 37.7 – 2 1.0 – 47.0 – 2 2.0 – 37.3 Cash flow discount rate (rate per annum), in % 3 1.8 – 5.0 1.0 – 33.4 1.4 – 20.9 0.2 – 40.8 2.5 – 8.3 1.5 – 15.7 Expected credit losses (rate per annum), in % 4 0.9 – 4.3 0.1 – 32.5 1.9 – 8.6 1.6 – 22.9 1.3 – 1.9 1.5 – 7.6 Transfers of assets in which the Group does not have beneficial interests are not included in this table. 1 Prepayment speed assumption (PSA) is an industry standard prepayment speed metric used for projecting prepayments over the life of a residential mortgage loan. PSA utilizes the constant prepayment rate (CPR) assumptions. A 100% prepayment assumption assumes a prepayment rate of 0.2% per annum of the outstanding principal balance of mortgage loans in the first month. This increases by 0.2 percentage points thereafter during the term of the mortgage loan, leveling off to a CPR of 6% per annum beginning in the 30th month and each month thereafter during the term of the mortgage loan. 100 PSA equals 6 CPR. 2 To deter prepayment, commercial mortgage loans typically have prepayment protection in the form of prepayment lockouts and yield maintenances. 3 The rate is based on the weighted-average yield on the beneficial interests. 4 The range of expected credit losses only reflects instruments with an expected credit loss greater than zero unless all of the instruments have an expected credit loss of zero. Key economic assumptions as of the reporting date The following table provides the sensitivity analysis of key economic assumptions used in measuring the fair value of beneficial interests held in SPEs as of December 31, 2021 and 2020. Key economic assumptions used in measuring fair value of beneficial interests held in SPEs 2021 2020 1 Other asset- 2 1 Other asset- 2 CHF million, except where indicated Fair value of beneficial interests 281 2,310 402 296 1,851 350 of which non-investment grade 55 370 27 36 631 23 Weighted-average life, in years 3.9 4.7 5.5 5.6 4.0 4.8 Prepayment speed assumption (rate per annum), in % 3 – 5.1 – 41.9 – – 4.0 – 50.1 – Impact on fair value from 10% adverse change – (31.1) – – (43.7) – Impact on fair value from 20% adverse change – (59.8) – – (92.1) – Cash flow discount rate (rate per annum), in % 4 1.7 – 50.7 0.7 – 35.5 0.3 – 14.7 0.6 – 38.2 0.3 – 39.7 0.7 – 27.7 Impact on fair value from 10% adverse change (3.5) (38.1) (4.9) (4.9) (22.4) (4.2) Impact on fair value from 20% adverse change (6.8) (73.3) (9.7) (9.6) (43.5) (8.2) Expected credit losses (rate per annum), in % 5 0.6 – 8.4 0.4 – 34.2 0.7 – 13.3 0.4 – 14.7 0.6 – 39.6 0.7 – 26.8 Impact on fair value from 10% adverse change (2.5) (28.5) (4.3) (4.3) (20.2) (4.5) Impact on fair value from 20% adverse change (4.9) (54.8) (8.4) (8.5) (39.2) (8.9) 1 To deter prepayment, commercial mortgage loans typically have prepayment protection in the form of prepayment lockouts and yield maintenances. 2 CDOs and CLOs within this category are generally structured to be protected from prepayment risk. 3 PSA is an industry standard prepayment speed metric used for projecting prepayments over the life of a residential mortgage loan. PSA utilizes the CPR assumptions. A 100% prepayment assumption assumes a prepayment rate of 0.2% per annum of the outstanding principal balance of mortgage loans in the first month. This increases by 0.2 percentage points thereafter during the term of the mortgage loan, leveling off to a CPR of 6% per annum beginning in the 30th month and each month thereafter during the term of the mortgage loan. 100 PSA equals 6 CPR. 4 The rate is based on the weighted-average yield on the beneficial interests. 5 The range of expected credit losses only reflects instruments with an expected credit loss greater than zero unless all of the instruments have an expected credit loss of zero. These sensitivities are hypothetical and do not reflect economic hedging activities. Changes in fair value based on a 10% or 20% variation in assumptions generally cannot be extrapolated because the relationship of the change in assumption to the change in fair value may not be linear. Also, the effect of a variation in a particular assumption on the fair value of the beneficial interests is calculated without changing any other assumption. In practice, changes in one assumption may result in changes in other assumptions (for example, increases in market interest rates may result in lower prepayments and increased credit losses), which might magnify or counteract the sensitivities. Transfers of financial assets where sale treatment was not achieved The following table provides the carrying amounts of transferred financial assets and the related liabilities where sale treatment was not achieved as of December 31, 2021 and 2020. > Refer to “Note 37 – Assets pledged and collateral” for further information. Carrying amounts of transferred financial assets and liabilities where sale treatment was not achieved end of 2021 2020 CHF million RMBS Other assets 257 0 Liability to SPE, included in other liabilities (257) 0 Other asset-backed financings Trading assets 557 496 Other assets 200 246 Liability to SPE, included in other liabilities (757) (742) Securities sold under repurchase agreements and securities lending transactions accounted for as secured borrowings For securities sold under repurchase agreements and securities lending transactions accounted for as secured borrowings, US GAAP requires the disclosure of the collateral pledged and the associated risks to which a transferor continues to be exposed after the transfer. This provides an understanding of the nature and risks of short-term collateralized financing obtained through these types of transactions. Securities sold under repurchase agreements and securities lending transactions represent collateralized financing transactions used to earn net interest income, increase liquidity or facilitate trading activities. These transactions are collateralized principally by government debt securities, corporate debt securities, asset-backed securities, equity securities and other collateral and have terms ranging from on demand to a longer period of time. In the event of the Group’s default or a decline in fair value of collateral pledged, the repurchase agreement provides the counterparty with the right to liquidate the collateral held or request additional collateral. Similarly, in the event of the Group’s default, the securities lending transaction provides the counterparty the right to liquidate the securities borrowed. The following tables provide the gross obligation relating to securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral by the class of collateral pledged and by remaining contractual maturity as of December 31, 2021 and 2020. Securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral – by class of collateral pledged end of 2021 2020 CHF billion Government debt securities 15.9 12.1 Corporate debt securities 9.6 7.7 Asset-backed securities 4.6 6.0 Equity securities 0.5 0.0 Other 5.6 1.9 Securities sold under repurchase agreements 36.2 27.7 Government debt securities 13.9 12.4 Corporate debt securities 0.3 0.1 Asset-backed securities 0.3 1.0 Equity securities 1.0 3.5 Other 0.2 0.1 Securities lending transactions 15.7 17.1 Government debt securities 3.6 5.8 Corporate debt securities 0.6 5.6 Equity securities 10.8 39.3 Other 0.0 0.1 Obligation to return securities received as collateral, at fair value 15.0 50.8 Total 66.9 95.6 Securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral – by remaining contractual maturity Remaining contractual maturities No stated 1 Up to 2 31–90 More than 2021 (CHF billion) Securities sold under repurchase agreements 5.2 15.7 6.0 9.3 36.2 Securities lending transactions 2.3 1.7 1.6 10.1 15.7 Obligation to return securities received as collateral, at fair value 15.0 0.0 0.0 0.0 15.0 Total 22.5 17.4 7.6 19.4 66.9 2020 (CHF billion) Securities sold under repurchase agreements 5.8 11.8 5.9 4.2 27.7 Securities lending transactions 4.2 3.4 9.5 0.0 17.1 Obligation to return securities received as collateral, at fair value 50.2 0.3 0.3 0.0 50.8 Total 60.2 15.5 15.7 4.2 95.6 1 Includes contracts with no contractual maturity that may contain termination arrangements subject to a notice period. 2 Includes overnight transactions. > Refer to “Note 28 – Offsetting of financial assets and financial liabilities” for further information on the gross amount of securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral and the net amounts disclosed in the consolidated balance sheets. Variable interest entities As a normal part of its business, the Group engages in various transactions that include entities that are considered VIEs and are grouped into three primary categories: collateralized debt obligations (CDOs)/CLOs, CP conduits and financial intermediation. VIEs are SPEs that typically either lack sufficient equity to finance their activities without additional subordinated financial support or are structured such that the holders of the voting rights do not substantively participate in the gains and losses of the entity. VIEs may be sponsored by the Group or third parties. Such entities are required to be assessed for consolidation, compelling the primary beneficiary to consolidate the VIE. The consolidation assessment requires an entity to determine whether it has the power to direct the activities that most significantly affect the economics of the VIE as well as whether the reporting entity has potentially significant benefits or losses in the VIE. The primary beneficiary assessment must be re-evaluated on an ongoing basis. Application of the requirements for consolidation of VIEs may require the exercise of significant judgment. In the event consolidation of a VIE is required, the exposure to the Group is limited to that portion of the VIE’s assets attributable to any variable interest held by the Group prior to any risk management activities to hedge the Group’s net exposure. Any interests held in the VIE by third parties, even though consolidated by the Group, will not typically impact its results of operations. Transactions with VIEs are generally executed to facilitate securitization activities or to meet specific client needs, such as providing liquidity or investing opportunities, and, as part of these activities, the Group may hold interests in the VIEs. Securitization-related transactions with VIEs involve selling or purchasing assets as well as possibly entering into related derivatives with those VIEs, providing liquidity, credit or other support. Other transactions with VIEs include derivative transactions in the Group’s capacity as the prime broker. The Group also enters into lending arrangements with VIEs for the purpose of financing projects or the acquisition of assets. Typically, the VIE’s assets are restricted in nature in that they are held primarily to satisfy the obligations of the entity. Further, the Group is involved with VIEs which were formed for the purpose of offering alternative investment solutions to clients. Such VIEs relate primarily to private equity investments, fund-linked vehicles or funds of funds, where the Group acts as structurer, manager, distributor, broker, market maker or liquidity provider. As a consequence of these activities, the Group holds variable interests in VIEs. Such variable interests consist of financial instruments issued by VIEs and which are held by the Group, certain derivatives with VIEs or loans to VIEs. Guarantees issued by the Group to or on behalf of VIEs may also qualify as variable interests. For such guarantees, including derivatives that act as guarantees, the notional amount of the respective guarantees is presented to represent the exposure. In general, investors in consolidated VIEs do not have recourse to the Group in the event of a default, except where a guarantee was provided to the investors or where the Group is the counterparty to a derivative transaction involving VIEs. Total assets of consolidated and non-consolidated VIEs for which the Group has involvement represent the total assets of the VIEs even though the Group’s involvement may be significantly less due to interests held by third-party investors. The asset balances for non-consolidated VIEs where the Group has significant involvement represent the most current information available to the Group regarding the remaining principal balance of assets owned. In most cases, the asset balances represent an amortized cost basis without regards to impairments in fair value, unless fair value information is readily available. The Group’s maximum exposure to loss is different from the carrying value of the assets of the VIE. This maximum exposure to loss consists of the carrying value of the Group variable interests held as trading assets, derivatives and loans, the notional amount of guarantees and off-balance sheet commitments to VIEs, rather than the amount of total assets of the VIEs. The maximum exposure to loss does not reflect the Group’s risk management activities, including effects from financial instruments that the Group may utilize to economically hedge the risks inherent in these VIEs. The economic risks associated with VIE exposures held by the Group, together with all relevant risk mitigation initiatives, are included in the Group’s risk management framework. The Group has not provided financial or other support to consolidated or non-consolidated VIEs that it was not contractually required to provide. Collateralized debt and loan obligations The Group engages in CDO/CLO transactions to meet client and investor needs, earn fees and sell financial assets and, for CLOs, loans. The Group may act as underwriter, placement agent or asset manager and may warehouse assets prior to the closing of a transaction. As part of its structured finance business, the Group purchases loans and other debt obligations from and on behalf of clients for the purpose of securitization. The loans and other debt obligations are sold to VIEs, which in turn issue CDO/CLOs to fund the purchase of assets such as investment grade and high yield corporate debt instruments. Typically, the collateral manager in a managed CDO/CLO is deemed to be the entity that has the power to direct the activities that most affect the economics of the entity. In a static CDO/CLO this “power” role is more difficult to analyze and may be the sponsor of the entity or the CDS counterparty. CDO/CLOs provide credit risk exposure to a portfolio of ABS or loans (cash CDO/CLOs) or a reference portfolio of securities or loans (synthetic CDO/CLOs). Cash CDO/CLO transactions hold actual securities or loans whereas synthetic CDO/CLO transactions use CDS to exchange the underlying credit risk instead of using cash assets. The Group may also act as a derivative counterparty to the VIEs, which are typically not variable interests, and may invest in portions of the notes or equity issued by the VIEs. The CDO/CLO entities may have actively managed portfolios or static portfolios. The securities issued by these VIEs are payable solely from the cash flows of the related collateral, and third-party creditors of these VIEs do not have recourse to the Group in the event of default. The Group’s exposure in CDO/CLO transactions is typically limited to interests retained in connection with its underwriting or market-making activities. Unless the Group has been deemed to have “power” over the entity and these interests are potentially significant, the Group is not the primary beneficiary of the vehicle and does not consolidate the entity. The Group’s maximum exposure to loss does not include any effects from financial instruments used to economically hedge the risks of the VIEs. Commercial paper conduit The Group acts as the administrator and provider of liquidity and credit enhancement facilities for Alpine Securitization Ltd (Alpine), a multi-seller asset-backed CP conduit used for client and Group financing purposes. Alpine discloses to CP investors certain portfolio and asset data and submits its portfolio to rating agencies for public ratings on its CP. This CP conduit purchases assets such as loans and receivables or enters into reverse repurchase agreements and finances such activities through the issuance of CP backed by these assets. In addition to CP, Alpine may also issue term notes with maturities up to 30 months. The Group (including Alpine) can enter into liquidity facilities with third-party entities pursuant to which it may be required to purchase assets from these entities to provide them with liquidity and credit support. The financing transactions are structured to provide credit support in the form of over-collateralization and other asset-specific enhancements. Alpine is a separate legal entity that is wholly owned by the Group. However, its assets are available to satisfy only the claims of its creditors. In addition, the Group, as administrator and liquidity facility provider, has significant exposure to and power over the activities of Alpine. Alpine is considered a VIE for accounting purposes and the Group is deemed the primary beneficiary and consolidates this entity. The overall average maturity of Alpine’s outstanding CP was approximately 226 days as of December 31, 2021. Alpine’s CP was rated A-1(sf) by Standard & Poor’s and P-1(sf) by Moody’s and had exposures mainly in reverse repurchase agreements with a Group entity, consumer loans, solar loans and leases, aircraft loans and leases and loans collateralized by royalties. The Group’s financial commitment to this CP conduit consists of obligations under liquidity agreements. The liquidity agreements are asset-specific arrangements, which require the Group to provide short-term financing to the CP conduit or to purchase assets from the CP conduit in certain circumstances, including, but not limited to, a lack of liquidity in the CP market such that the CP conduit cannot refinance its obligations or a default of an underlying asset. The asset-specific credit enhancements provided by the client seller of the assets remain unchanged as a result of such a purchase. In entering into such agreements, the Group reviews the credit risk associated with these transactions on the same basis that would apply to other extensions of credit. The Group enters into liquidity facilities with CP conduits administrated and sponsored by third parties. These third-party CP conduits are considered to be VIEs for accounting purposes. The Group is not the primary beneficiary and does not consolidate these third-party CP conduits. The Group’s financial commitment to these third-party CP conduits consists of obligations under liquidity agreements. The liquidity agreements are asset-specific arrangements, which require the Group to provide short-term financing to the third-party CP conduits or to purchase assets from these CP conduits in certain circumstances, including, but not limited to, a lack of liquidity in the CP market such that the CP conduits cannot refinance their obligations or a default of an underlying asset. The asset-specific credit enhancements, if any, provided by the client seller of the assets remain unchanged as a result of such a purchase. In entering into such agreements, the Group reviews the credit risk associated with these transactions on the same basis that would apply to other extensions of credit. In some situations, the Group can enter into liquidity facilities with these third-party CP conduits through Alpine. The Group’s economic risks associated with the Alpine CP conduit and the third-party CP conduits are included in the Group’s risk management framework including counterparty, economic risk capital and scenario analysis. Financial intermediation The Group has significant involvement with VIEs in its role as a financial intermediary on behalf of clients. The Group considers the likelihood of incurring a loss equal to the maximum exposure to be remote because of the Group’s risk mitigation efforts, including, but not limited to, economic hedging strategies and collateral arrangements. The Group’s economic risks associated with consolidated and non-consolidated VIE exposures arising from financial intermediation, together with all relevant risk mitigation initiatives, are included in the Group’s risk management framework. Financial intermediation consists of securitizations, funds, loans, and other vehicles. Securitizations Securitizations are primarily CMBS, RMBS and ABS vehicles. The Group acts as an underwriter, market maker, liquidity provider, derivative counterparty and/or provider of credit enhancements to VIEs related to certain securitization transactions. The maximum exposure to loss is the carrying value of the loan securities and derivative positions that are variable interests, if any, plus the exposure arising from any credit enhancements the Group provided. The Group’s maximum exposure to loss does not include any effects from financial instruments used to economically hedge the risks of the VIEs. The activities that have the most significant impact on the securitization vehicle are the decisions relating to defaulted loans, which are controlled by the servicer. The party that controls the servicing has the ability to make decisions that significantly affect the result of the activities of the securitization vehicle. If a securitization vehicle has multiple parties that control servicing over specific assets, the Group determines it has power when it has control over the servicing of greater than 50% In the case of re-securitizations of previously issued RMBS securities, the re-securitization vehicles are passive in nature and do not have any significant ongoing activities that require management, and decisions relating to the design of the securitization transaction at its inception are the key power relating to the vehicle. Activities at inception include selecting the assets and determining the capital structure. The power over a re-securitization vehicle is typically shared between the Group and the investor(s) involved in the design and creation of the vehicle. The Group concludes that it is the primary beneficiary of a re-securitization vehicle when it owns substantially all of the bonds issued from th
Bank
Transfers of financial assets and variable interest entities	34 Transfers of financial assets and variable interest entities Transfers of financial assets > Refer to “Note 35 – Transfers of financial assets and variable interest entities” in VI– Credit Suisse Group – Consolidated financial statements for further information. Securitizations The following table provides the gains or losses and proceeds from the transfer of assets relating to 2021, 2020 and 2019 securitizations of financial assets that qualify for sale accounting and subsequent derecognition, along with the cash flows between the Bank and the SPEs used in any securitizations in which the Bank still has continuing involvement, regardless of when the securitization occurred. Securitizations in 2021 2020 2019 Gains/(losses) and cash flows (CHF million) CMBS Net gain/(loss) 1 (7) 85 10 Proceeds from transfer of assets 3,525 9,209 7,757 Cash received on interests that continue to be held 42 52 162 RMBS Net gain 1 70 32 2 Proceeds from transfer of assets 37,048 23,358 21,566 Purchases of previously transferred financial assets or its underlying collateral (1,604) 0 (1) Servicing fees 2 2 2 Cash received on interests that continue to be held 1,088 864 312 Other asset-backed financings Net gain 1 65 105 101 Proceeds from transfer of assets 12,129 9,564 11,702 Purchases of previously transferred financial assets or its underlying collateral (1,323) (1,606) (763) Fees 2 165 148 151 Cash received on interests that continue to be held 14 17 6 1 Includes underwriting revenues, deferred origination fees, gains or losses on the sale of collateral to the SPE and gains or losses on the sale of newly issued securities to third parties, but excludes net interest income on assets prior to the securitization. The gains or losses on the sale of the collateral is the difference between the fair value on the day prior to the securitization pricing date and the sale price of the loans. 2 Represents management fees and performance fees earned for investment management services provided to managed CLOs. Continuing involvement in transferred financial assets The following table provides the outstanding principal balance of assets to which the Bank continued to be exposed after the transfer of the financial assets to any SPE and the total assets of the SPE as of December 31, 2021 and 2020, regardless of when the transfer of assets occurred. Principal amounts outstanding and total assets of SPEs resulting from continuing involvement end of 2021 2020 CHF million CMBS Principal amount outstanding 15,428 17,421 Total assets of SPE 23,205 24,455 RMBS Principal amount outstanding 56,990 47,324 Total assets of SPE 56,990 47,863 Other asset-backed financings Principal amount outstanding 24,856 24,968 Total assets of SPE 57,797 50,817 Principal amount outstanding relates to assets transferred from the Bank and does not include principal amounts for assets transferred from third parties. Fair value of beneficial interests The fair value measurement of beneficial interests held at the time of transfer and as of the reporting date that result from any continuing involvement is determined using fair value estimation techniques, such as the present value of estimated future cash flows that incorporate assumptions that market participants customarily use in these valuation techniques. The fair value of the assets or liabilities that result from any continuing involvement does not include any benefits from financial instruments that the Bank may utilize to hedge the inherent risks. Key economic assumptions at the time of transfer > Refer to “Note 35 – Financial instruments” for further information on the fair value hierarchy. Key economic assumptions used in measuring fair value of beneficial interests at time of transfer 2021 2020 2019 at time of transfer, in CMBS RMBS CMBS RMBS CMBS RMBS CHF million, except where indicated Fair value of beneficial interests 196 2,594 342 2,692 549 3,171 of which level 2 170 2,126 305 2,398 455 2,978 of which level 3 26 468 37 294 94 193 Weighted-average life, in years 5.2 5.3 6.4 3.8 5.5 5.5 Prepayment speed assumption (rate per annum), in % 1 – 2 3.0 – 37.7 – 2 1.0 – 47.0 – 2 2.0 – 37.3 Cash flow discount rate (rate per annum), in % 3 1.8 – 5.0 1.0 – 33.4 1.4 – 20.9 0.2 – 40.8 2.5 – 8.3 1.5 – 15.7 Expected credit losses (rate per annum), in % 4 0.9 – 4.3 0.1 – 32.5 1.9 – 8.6 1.6 – 22.9 1.3 – 1.9 1.5 – 7.6 Transfers of assets in which the Bank does not have beneficial interests are not included in this table. 1 Prepayment speed assumption (PSA) is an industry standard prepayment speed metric used for projecting prepayments over the life of a residential mortgage loan. PSA utilizes the constant prepayment rate (CPR) assumptions. A 100% prepayment assumption assumes a prepayment rate of 0.2% per annum of the outstanding principal balance of mortgage loans in the first month. This increases by 0.2 percentage points thereafter during the term of the mortgage loan, leveling off to a CPR of 6% per annum beginning in the 30th month and each month thereafter during the term of the mortgage loan. 100 PSA equals 6 CPR. 2 To deter prepayment, commercial mortgage loans typically have prepayment protection in the form of prepayment lockouts and yield maintenances. 3 The rate was based on the weighted-average yield on the beneficial interests. 4 The range of expected credit losses only reflects instruments with an expected credit loss greater than zero unless all of the instruments have an expected credit loss of zero. Key economic assumptions as of the reporting date The following table provides the sensitivity analysis of key economic assumptions used in measuring the fair value of beneficial interests held in SPEs as of December 31, 2021 and 2020. Key economic assumptions used in measuring fair value of beneficial interests held in SPEs 2021 2020 1 Other asset- 2 1 Other asset- 2 CHF million, except where indicated Fair value of beneficial interests 281 2,310 402 296 1,851 350 of which non-investment grade 55 370 27 36 631 23 Weighted-average life, in years 3.9 4.7 5.5 5.6 4.0 4.8 Prepayment speed assumption (rate per annum), in % 3 – 5.1 – 41.9 – – 4.0 – 50.1 – Impact on fair value from 10% adverse change – (31.1) – – (43.7) – Impact on fair value from 20% adverse change – (59.8) – – (92.1) – Cash flow discount rate (rate per annum), in % 4 1.7 – 50.7 0.7 – 35.5 0.3 – 14.7 0.6 – 38.2 0.3 – 39.7 0.7 – 27.7 Impact on fair value from 10% adverse change (3.5) (38.1) (4.9) (4.9) (22.4) (4.2) Impact on fair value from 20% adverse change (6.8) (73.3) (9.7) (9.6) (43.5) (8.2) Expected credit losses (rate per annum), in % 5 0.6 – 8.4 0.4 – 34.2 0.7 – 13.3 0.4 – 14.7 0.6 – 39.6 0.7 – 26.8 Impact on fair value from 10% adverse change (2.5) (28.5) (4.3) (4.3) (20.2) (4.5) Impact on fair value from 20% adverse change (4.9) (54.8) (8.4) (8.5) (39.2) (8.9) 1 To deter prepayment, commercial mortgage loans typically have prepayment protection in the form of prepayment lockouts and yield maintenances. 2 CDOs within this category are generally structured to be protected from prepayment risk. 3 PSA is an industry standard prepayment speed metric used for projecting prepayments over the life of a residential mortgage loan. PSA utilizes the CPR assumptions. A 100% prepayment assumption assumes a prepayment rate of 0.2% per annum of the outstanding principal balance of mortgage loans in the first month. This increases by 0.2 percentage points thereafter during the term of the mortgage loan, leveling off to a CPR of 6% per annum beginning in the 30th month and each month thereafter during the term of the mortgage loan. 100 PSA equals 6 CPR. 4 The rate was based on the weighted-average yield on the beneficial interests. 5 The range of expected credit losses only reflects instruments with an expected credit loss greater than zero unless all of the instruments have an expected credit loss of zero. Transfers of financial assets where sale treatment was not achieved The following table provides the carrying amounts of transferred financial assets and the related liabilities where sale treatment was not achieved as of December 31, 2021 and 2020. Carrying amounts of transferred financial assets and liabilities where sale treatment was not achieved end of 2021 2020 CHF million RMBS Other assets 257 0 Liability to SPE, included in other liabilities (257) 0 Other asset-backed financings Trading assets 557 496 Other assets 200 246 Liability to SPE, included in other liabilities (757) (742) Securities sold under repurchase agreements and securities lending transactions accounted for as secured borrowings The following tables provide the gross obligation relating to securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral by the class of collateral pledged and by remaining contractual maturity as of December 31, 2021 and 2020. Securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral – by class of collateral pledged end of 2021 2020 CHF billion Government debt securities 16.0 12.2 Corporate debt securities 9.6 7.7 Asset-backed securities 4.6 6.0 Equity securities 0.5 0.0 Other 5.6 1.8 Securities sold under repurchase agreements 36.3 27.7 Government debt securities 13.9 12.5 Corporate debt securities 0.3 0.1 Asset-backed securities 0.3 1.0 Equity securities 1.0 3.5 Other 0.2 0.1 Securities lending transactions 15.7 17.2 Government debt securities 3.6 5.8 Corporate debt securities 0.6 5.6 Equity securities 10.8 39.3 Other 0.0 0.1 Obligation to return securities received as collateral, at fair value 15.0 50.8 Total 67.0 95.7 Securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral – by remaining contractual maturity Remaining contractual maturities No stated 1 Up to 2 31-90 More than 2021 (CHF billion) Securities sold under repurchase agreements 5.3 15.8 6.0 9.2 36.3 Securities lending transactions 2.3 1.7 1.6 10.1 15.7 Obligation to return securities received as collateral, at fair value 15.0 0.0 0.0 0.0 15.0 Total 22.6 17.5 7.6 19.3 67.0 2020 (CHF billion) Securities sold under repurchase agreements 5.8 11.8 5.9 4.2 27.7 Securities lending transactions 4.2 3.4 9.6 0.0 17.2 Obligation to return securities received as collateral, at fair value 50.2 0.3 0.3 0.0 50.8 Total 60.2 15.5 15.8 4.2 95.7 1 Includes contracts with no contractual maturity that may contain termination arrangements subject to a notice period. 2 Includes overnight transactions. > Refer to “Note 27 – Offsetting of financial assets and financial liabilities” for further information on the gross amount of securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral and the net amounts disclosed in the consolidated balance sheets. Variable interest entities > Refer to “Note 35 – Transfers of financial assets and variable interest entities” in VI – Consolidated financial statements – Credit Suisse Group for further information. Commercial paper conduit The Bank acts as the administrator and provider of liquidity and credit enhancement facilities for Alpine Securitization Ltd (Alpine), a multi-seller asset-backed commercial paper (CP) conduit used for client and Bank financing purposes. Alpine discloses to CP investors certain portfolio and asset data and submits its portfolio to rating agencies for public ratings on its CP. This CP conduit purchases assets such as loans and receivables or enters into reverse repurchase agreements and finances such activities through the issuance of CP backed by these assets. In addition to CP, Alpine may also issue term notes with maturities up to 30 months. The Bank (including Alpine) can enter into liquidity facilities with third-party entities pursuant to which it may be required to purchase assets from these entities to provide them with liquidity and credit support. The financing transactions are structured to provide credit support in the form of over-collateralization and other asset-specific enhancements. Alpine is a separate legal entity that is wholly owned by the Bank. However, its assets are available to satisfy only the claims of its creditors. In addition, the Bank, as administrator and liquidity facility provider, has significant exposure to and power over the activities of Alpine. Alpine is considered a VIE for accounting purposes and the Bank is deemed the primary beneficiary and consolidates this entity. The overall average maturity of Alpine’s outstanding CP was approximately 226 days as of December 31, 2021. Alpine’s CP was rated A-1(sf) by Standard & Poor’s and P-1(sf) by Moody’s and had exposures mainly in reverse repurchase agreements with a Bank entity, consumer loans, solar loans and leases, aircraft loans and leases and loans collateralized by royalties. The Bank’s financial commitment to this CP conduit consists of obligations under liquidity agreements. The liquidity agreements are asset-specific arrangements, which require the Bank to provide short-term financing to the CP conduit or to purchase assets from the CP conduit in certain circumstances, including, but not limited to, a lack of liquidity in the CP market such that the CP conduit cannot refinance its obligations or a default of an underlying asset. The asset-specific credit enhancements provided by the client seller of the assets remain unchanged as a result of such a purchase. In entering into such agreements, the Bank reviews the credit risk associated with these transactions on the same basis that would apply to other extensions of credit. The Bank enters into liquidity facilities with CP conduits administrated and sponsored by third parties. These third-party CP conduits are considered to be VIEs for accounting purposes. The Bank is not the primary beneficiary and does not consolidate these third-party CP conduits. The Bank’s financial commitment to these third-party CP conduits consists of obligations under liquidity agreements. The liquidity agreements are asset-specific arrangements, which require the Bank to provide short-term financing to the third-party CP conduits or to purchase assets from these CP conduits in certain circumstances, including, but not limited to, a lack of liquidity in the CP market such that the CP conduits cannot refinance their obligations or a default of an underlying asset. The asset-specific credit enhancements, if any, provided by the client seller of the assets remain unchanged as a result of such a purchase. In entering into such agreements, the Bank reviews the credit risk associated with these transactions on the same basis that would apply to other extensions of credit. In some situations, the Bank can enter into liquidity facilities with these third-party CP conduits through Alpine. The Bank’s economic risks associated with the Alpine CP conduit and the third-party CP conduits are included in the Bank’s risk management framework including counterparty, economic risk capital and scenario analysis. Consolidated VIEs The Bank has significant involvement with VIEs in its role as a financial intermediary on behalf of clients. The Bank consolidates all VIEs related to financial intermediation for which it is the primary beneficiary. The consolidated VIEs table provides the carrying amounts and classifications of the assets and liabilities of consolidated VIEs as of December 31, 2021 and 2020. Consolidated VIEs in which the Bank was the primary beneficiary Financial intermediation CP Securi- 2021 (CHF million) Cash and due from banks 1 42 25 27 13 108 Trading assets 0 1,158 54 610 0 1,822 Other investments 0 0 65 789 161 1,015 Net loans 1,022 317 0 28 33 1,400 Other assets 31 604 78 95 674 1,482 of which loans held-for-sale 0 50 23 0 1 74 of which premises and equipment 0 0 0 12 0 12 Total assets of consolidated VIEs 1,054 2,121 222 1,549 881 5,827 Trading liabilities 0 0 0 8 0 8 Short-term borrowings 4,337 0 15 0 0 4,352 Long-term debt 0 1,342 0 3 46 1,391 Other liabilities 67 1 20 61 84 233 Total liabilities of consolidated VIEs 4,404 1,343 35 72 130 5,984 2020 (CHF million) Cash and due from banks 0 23 22 37 8 90 Trading assets 0 1,255 50 840 19 2,164 Other investments 0 0 129 920 202 1,251 Net loans 653 0 51 29 167 900 Other assets 21 979 15 65 778 1,858 of which loans held-for-sale 0 462 10 0 0 472 of which premises and equipment 0 0 0 13 4 17 Total assets of consolidated VIEs 674 2,257 267 1,891 1,174 6,263 Customer deposits 0 0 0 0 1 1 Trading liabilities 0 0 0 10 0 10 Short-term borrowings 4,178 0 0 0 0 4,178 Long-term debt 0 1,701 0 10 35 1,746 Other liabilities 53 1 3 72 78 207 Total liabilities of consolidated VIEs 4,231 1,702 3 92 114 6,142 Non-consolidated VIEs The non-consolidated VIEs table provides the carrying amounts and classification of the assets of variable interests recorded in the Bank’s consolidated balance sheets, maximum exposure to loss and total assets of the non-consolidated VIEs. Certain VIEs have not been included in the following table, including VIEs structured by third parties in which the Bank’s interest is in the form of securities held in the Bank’s inventory, certain repurchase financings to funds and single-asset financing vehicles not sponsored by the Bank to which the Bank provides financing but has very little risk of loss due to over-collateralization and/or guarantees, failed sales where the Bank does not have any other holdings and other entities out of scope. Non-consolidated VIEs Financial intermediation CDO/ CP 1 Securi- 2021 (CHF million) Trading assets 257 0 4,526 932 13 5,494 11,222 Net loans 268 1,005 940 2,403 8,774 1,986 15,376 Other assets 6 0 22 109 0 628 765 Total variable interest assets 531 1,005 5,488 3,444 8,787 8,108 27,363 Maximum exposure to loss 774 7,625 8,036 3,444 13,068 8,637 41,584 Total assets of non-consolidated VIEs 10,266 14,948 108,942 102,820 36,428 19,804 293,208 2020 (CHF million) Trading assets 250 0 4,500 1,113 66 8,617 14,546 Net loans 357 371 734 1,967 6,989 939 11,357 Other assets 2 0 3 110 0 344 459 Total variable interest assets 609 371 5,237 3,190 7,055 9,900 26,362 Maximum exposure to loss 852 5,538 7,329 3,190 11,235 10,226 38,370 Total assets of non-consolidated VIEs 8,553 11,148 127,785 87,618 26,186 25,759 287,049 1 Includes liquidity facilities provided to third-party CP conduits through Alpine Securities Ltd.

Financial instruments

Financial instruments	12 Months Ended
	Dec. 31, 2021
Financial instruments	36 Financial instruments The disclosure of the Group’s financial instruments includes the following sections: ■ ■ ■ ■ ■ Concentration of credit risk Credit risk concentrations arise when a number of counterparties are engaged in similar business activities, are located in the same geographic region or when there are similar economic features that would cause their ability to meet contractual obligations to be similarly impacted by changes in economic conditions. The Group has in place a credit risk appetite framework which provides for the oversight and control of concentrations of credit exposures by single name, product, industry, and country. The Group Credit Portfolio Management function under the Global Chief Credit Officer is responsible for monitoring the portfolio and assessing compliance with the framework and the portfolio limits and controls in place. Credit risk concentrations are identified and measured using a range of quantitative tools and metrics and are reported to the Credit Risk Appetite Committee on a monthly basis. The Group Credit Portfolio Management function performs portfolio reviews and detailed analyses of selected segments of the portfolio which are presented to the Credit Risk Appetite Committee and to other governance forums, including the Executive Board Risk Management Committee and the Board’s Risk Committee, where appropriate. From an industry point of view, the combined credit exposure of the Group is diversified. A substantial portion of the credit exposure is with individual clients, particularly through residential mortgages in Switzerland, corporate credit exposures and lombard lending arrangements, or relates to derivative and other financial transactions with financial institutions. In both cases, the customer base is extensive and the number and variety of transactions are broad. For transactions with financial institutions and corporations, the business is also geographically diverse, with operations focused in the Americas, Europe and, to a lesser extent, Asia Pacific. Fair value measurement A significant portion of the Group’s financial instruments is carried at fair value. Deterioration of financial markets could significantly impact the fair value of these financial instruments and the results of operations. The fair value of the majority of the Group’s financial instruments is based on quoted prices in active markets or observable inputs. These instruments include government and agency securities, certain short-term borrowings, most investment grade corporate debt, certain high yield debt securities, exchange-traded and certain OTC derivatives and most listed equity securities. In addition, the Group holds financial instruments for which no prices are available and which have few or no observable inputs. For these instruments, the determination of fair value requires subjective assessment and judgment, depending on liquidity, pricing assumptions, the current economic and competitive environment and the risks affecting the specific instrument. In such circumstances, valuation is determined based on management’s own judgments about the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. These instruments include certain OTC derivatives, including interest rate, foreign exchange, equity and credit derivatives, certain corporate equity-linked securities, mortgage-related securities, private equity investments and certain loans and credit products, including leveraged finance, certain syndicated loans and certain high yield bonds, and life finance instruments. The fair value measurement disclosures exclude derivative transactions that are daily settled. The fair value of financial instruments is impacted by factors such as benchmark interest rates, prices of financial instruments issued by third parties, commodity prices, foreign exchange rates and index prices or rates. In addition, valuation adjustments are an integral part of the valuation process when market prices are not indicative of the credit quality of a counterparty, and are applied to both OTC derivatives and debt instruments. The impact of changes in a counterparty’s credit spreads (known as credit valuation adjustments) is considered when measuring the fair value of assets, and the impact of changes in the Group’s own credit spreads (known as debit valuation adjustments) is considered when measuring the fair value of its liabilities. For OTC derivatives, the impact of changes in both the Group’s and the counterparty’s credit standing is considered when measuring their fair value, based on current CDS prices. The adjustments also take into account contractual factors designed to reduce the Group’s credit exposure to a counterparty, such as collateral held and master netting agreements. For hybrid debt instruments with embedded derivative features, the impact of changes in the Group’s credit standing is considered when measuring their fair value, based on current funded debt spreads. US GAAP permits a reporting entity to measure the fair value of a group of financial assets and financial liabilities on the basis of the price that would be received to sell a net long position or paid to transfer a net short position for a particular risk exposure in an orderly transaction between market participants at the measurement date. As such, the Group continues to apply bid and offer adjustments to net portfolios of cash securities and/or derivative instruments to adjust the value of the net position from a mid-market price to the appropriate bid or offer level that would be realized under normal market conditions for the net long or net short position for a specific market risk. In addition, the Group reflects the net exposure to credit risk for its derivative instruments where the Group has legally enforceable agreements with its counterparties that mitigate credit risk exposure in the event of default. Valuation adjustments are recorded in a reasonable and consistent manner that results in an allocation to the relevant disclosures in the notes to the financial statements as if the valuation adjustment had been allocated to the individual unit of account. Fair value hierarchy The levels of the fair value hierarchy are defined as follows: ■ ■ : ■ The Group records net open positions at bid prices if long, or at ask prices if short, unless the Group is a market maker in such positions, in which case mid-pricing is utilized. Fair value measurements are not adjusted for transaction costs. Qualitative disclosures of valuation techniques Overview The Group has implemented and maintains a valuation control framework, which is supported by policies and procedures that define the principles for controlling the valuation of the Group’s financial instruments. Control functions such as Product Control and Risk Management review and approve significant valuation policies and procedures. The framework includes three main internal processes: (i) valuation governance; (ii) independent price verification and significant unobservable inputs review; and (iii) a cross-functional pricing model review. Through this framework, the Group determines the reasonableness of the fair value of its financial instruments. On a monthly basis, meetings are held for each business line with senior representatives of the Front Office and Product Control to discuss independent price verification results, valuation adjustments, and other significant valuation issues. On a quarterly basis, a review of significant changes in the fair value of financial instruments is undertaken by Product Control and conclusions are reached regarding the reasonableness of those changes. Additionally, on a quarterly basis, meetings are held for each business line with senior representatives of the Front Office and control functions such as Product Control and Risk Management to discuss independent price verification results, valuation issues, business and market updates, as well as a review of significant changes in fair value from the prior quarter, significant unobservable inputs and prices used in valuation techniques, and valuation adjustments. The valuation results are aggregated for reporting to the Valuation Risk Management Committee (VARMC) and the Audit Committee. The VARMC, which is comprised of Executive Board members and the heads of the business and control functions, meets to review and ratify valuation review conclusions, and to resolve significant valuation issues for the Group. Oversight of the valuation control framework is through specific and regular reporting on valuation directly to the Group’s Executive Board through the VARMC. One of the key components of the governance process is the segregation of duties between the Front Office and Product Control. The Front Office is responsible for measuring inventory at fair value on a daily basis, while Product Control is responsible for independently reviewing and validating those valuations on a periodic basis. The Front Office values the inventory using, wherever possible, observable market data which may include executed transactions, dealer quotes or broker quotes for the same or similar instruments. Product Control validates this inventory using independently sourced data that also includes executed transactions, dealer quotes, and broker quotes. In general, Product Control utilizes independent pricing service data as part of its review process. Independent pricing service data is analyzed to ensure that it is representative of fair value, including confirming that the data corresponds to executed transactions or executable broker quotes, review and assessment of contributors to ensure they are active market participants, review of statistical data and utilization of pricing challenges. The analysis also includes understanding the sources of the pricing service data and any models or assumptions used in determining the results. The purpose of the review is to judge the quality and reliability of the data for fair value measurement purposes and its appropriate level of usage within the Product Control independent valuation review. For certain financial instruments the fair value is estimated in full or in part using valuation techniques based on assumptions that are not supported by market observable prices, rates or other inputs. In addition, there may be uncertainty about a valuation resulting from the choice of valuation technique or model used, the assumptions embedded in those models, the extent to which inputs are not market observable, or as a consequence of other elements affecting the valuation technique or model. Model calibration is performed when significant new market information becomes available or at a minimum on a quarterly basis as part of the business review of significant unobservable inputs for level 3 instruments. For models that have been deemed to be significant to the overall fair value of the financial instrument, model validation is performed as part of the periodic review of the related model. The following information on the valuation techniques and significant unobservable inputs of the various financial instruments and the section “Uncertainty of fair value measurements at the reporting date from the use of significant unobservable inputs” should be read in conjunction with the tables “Assets and liabilities measured at fair value on a recurring basis”, “Quantitative information about level 3 assets measured at fair value on a recurring basis” and “Quantitative information about level 3 liabilities measured at fair value on a recurring basis”. Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions Securities purchased under resale agreements and securities sold under repurchase agreements are measured at fair value using discounted cash flow analysis. Future cash flows are discounted using observable market interest rate repurchase/resale curves for the applicable maturity and underlying collateral of the instruments. As such, the significant majority of both securities purchased under resale agreements and securities sold under repurchase agreements are included in level 2 of the fair value hierarchy. Structured resale and repurchase agreements include embedded derivatives, which are measured using the same techniques as described below for stand-alone derivative contracts held for trading purposes or used in hedge accounting relationships. If the value of the embedded derivative is determined using significant unobservable inputs, those structured resale and repurchase agreements included are classified as level 3 in the fair value hierarchy. The significant unobservable input is funding spread. Securities purchased under resale agreements are usually fully collateralized or over-collateralized by government securities, money market instruments, corporate bonds, or other debt instruments. In the event of counterparty default, the collateral service agreement provides the Group with the right to liquidate the collateral held. Debt securities Foreign governments Foreign government debt securities typically have quoted prices in active markets and are mainly categorized as level 1 instruments. Valuations of foreign government debt securities for which market prices are not available are based on yields reflecting credit rating, historical performance, delinquencies, loss severity, the maturity of the security, recent transactions in the market or other modeling techniques, which may involve judgment. Those securities where the price or model inputs are observable in the market are categorized as level 2 instruments, while those securities where prices are not observable and significant model inputs are unobservable are categorized as level 3 of the fair value hierarchy. Corporates Corporate bonds are priced to reflect current market levels either through recent market transactions or broker or dealer quotes. Where a market price for the particular security is not directly available, valuations are obtained based on yields reflected by other instruments in the specific or similar entity’s capital structure and adjusting for differences in seniority and maturity, benchmarking to a comparable security where market data is available (taking into consideration differences in credit, liquidity and maturity), or through the application of cash flow modeling techniques utilizing observable inputs, such as current interest rate curves and observable CDS spreads. Significant unobservable inputs may include correlation and price. For securities using market comparable price, the differentiation between level 2 and level 3 is based upon the relative significance of any yield adjustments as well as the accuracy of the comparison characteristics (i.e., the observable comparable security may be in the same country but a different industry and may have a different seniority level – the lower the comparability the more likely the security will be level 3). RMBS, CMBS and CDO securities Fair values of RMBS, CMBS and CDO may be available through quoted prices, which are often based on the prices at which similarly structured and collateralized securities trade between dealers and to and from customers. Fair values of RMBS, CMBS and CDO for which there are significant unobservable inputs are valued using capitalization rate and discount rate. Price may not be observable for fair value measurement purposes for many reasons, such as the length of time since the last executed transaction for the related security, use of a price from a similar instrument, or use of a price from an indicative quote. Fair values determined by market comparable price may include discounted cash flow models using the inputs credit spread, default rate, discount rate, prepayment rate and loss severity. Prices from similar observable instruments are used to calculate implied inputs which are then used to value unobservable instruments using discounted cash flow. The discounted cash flow price is then compared to the unobservable prices and assessed for reasonableness. For most structured debt securities, determination of fair value requires subjective assessment depending on liquidity, ownership concentration, and the current economic and competitive environment. Valuation is determined based on the Front Office’s own assumptions about how market participants would price the asset. Collateralized bond and loan obligations are split into various structured tranches and each tranche is valued based upon its individual rating and the underlying collateral supporting the structure. Valuation models are used to value both cash and synthetic CDOs. Equity securities The majority of the Group’s positions in equity securities are traded on public stock exchanges for which quoted prices are readily and regularly available and are therefore categorized as level 1 instruments. Level 2 and level 3 equities include fund-linked products, convertible bonds or equity securities with restrictions that are not traded in active markets. Significant unobservable inputs may include earnings before interest, taxes, depreciation and amortization (EBITDA) multiple and market comparable price. Derivatives Derivatives held for trading purposes or used in hedge accounting relationships include both OTC and exchange-traded derivatives. The fair values of exchange-traded derivatives measured using observable exchange prices are included in level 1 of the fair value hierarchy. For exchange-traded derivatives where the volume of trading is low, the observable exchange prices may not be considered executable at the reporting date. These derivatives are valued in the same manner as similar observable OTC derivatives and are included in level 2 of the fair value hierarchy. If the similar OTC derivative used for valuing the exchange-traded derivative is not observable, the exchange-traded derivative is included in level 3 of the fair value hierarchy. The fair values of OTC derivatives are determined on the basis of either industry standard models or internally developed proprietary models. Both model types use various observable and unobservable inputs in order to determine fair value. The inputs include those characteristics of the derivative that have a bearing on the economics of the instrument. The determination of the fair value of many derivatives involves only a limited degree of subjectivity because the required inputs are observable in the marketplace, while more complex derivatives may use unobservable inputs that rely on specific proprietary modeling assumptions. Where observable inputs (prices from exchanges, dealers, brokers or market consensus data providers) are not available, attempts are made to infer values from observable prices through model calibration (spot and forward rates, mean reversion, benchmark interest rate curves and volatility inputs for commonly traded option products). For inputs that cannot be derived from other sources, estimates from historical data may be made. OTC derivatives where the majority of the value is derived from market observable inputs are categorized as level 2 instruments, while those where the majority of the value is derived from unobservable inputs are categorized as level 3 of the fair value hierarchy. The valuation of derivatives includes an adjustment for the cost of funding uncollateralized OTC derivatives. Interest rate derivatives OTC vanilla interest rate products, such as interest rate swaps, swaptions and caps and floors are valued by discounting the anticipated future cash flows. The future cash flows and discounting are derived from market standard yield curves and industry standard volatility inputs. Where applicable, exchange-traded prices are also used to value exchange-traded futures and options and can be used in yield curve construction. For more complex products, inputs include, but are not limited to basis spread, correlation, credit spread, prepayment rate and volatility skew. Foreign exchange derivatives Foreign exchange derivatives include vanilla products such as spot, forward and option contracts where the anticipated discounted future cash flows are determined from foreign exchange forward curves and industry standard optionality modeling techniques. Where applicable, exchange-traded prices are also used for futures and option prices. For more complex products inputs include, but are not limited to, contingent probability, correlation and prepayment rate. Equity and index-related derivatives Equity derivatives include a variety of products ranging from vanilla options and swaps to exotic structures with bespoke payoff profiles. The main inputs in the valuation of equity derivatives may include buyback probability, correlation, gap risk, price and volatility. Generally, the interrelationship between the correlation and volatility is positively correlated. Credit derivatives Credit derivatives include index, single-name and multi-name CDS in addition to more complex structured credit products. Vanilla products are valued using industry standard models and inputs that are generally market observable including credit spread and recovery rate. Complex structured credit derivatives are valued using proprietary models requiring inputs such as correlation, credit spread, funding spread, loss severity, prepayment rate and recovery rate. These inputs are generally implied from available market observable data. Other trading assets Other trading assets primarily include life settlement and premium finance instruments and RMBS loans. Life settlement and premium finance instruments are valued using proprietary models with several inputs. The significant unobservable inputs of the fair value for life settlement and premium finance instruments is the estimate of market implied life expectancy, while for RMBS loans it is market comparable price. For life settlement and premium finance instruments, individual life expectancy rates are typically obtained by multiplying a base mortality curve for the general insured population provided by a professional actuarial organization together with an individual-specific multiplier. Individual-specific multipliers are determined based on data from third-party life expectancy data providers, which examine the insured individual’s medical conditions, family history and other factors to arrive at a life expectancy estimate. For RMBS loans, the use of market comparable price varies depending upon each specific loan. For some loans, similar to unobservable RMBS securities, prices from similar observable instruments are used to calculate implied inputs which are then used to value unobservable instruments using discounted cash flow. The discounted cash flow price is then compared to the unobservable prices and assessed for reasonableness. For other RMBS loans, the loans are categorized by specific characteristics, such as loan-to-value ratio, average account balance, loan type (single or multi-family), lien, seasoning, coupon, FICO score, locality, delinquency status, cash flow velocity, roll rates, loan purpose, occupancy, servicers advance agreement type, modification status, Federal Housing Administration insurance, property value and documentation quality. Loans with unobservable prices are put into consistent buckets which are then compared to market observable comparable prices in order to assess the reasonableness of those unobservable prices. Other investments Private equity funds, hedge funds and equity method investment funds Equity method investment funds principally include equity investments in the form of a) direct investments in third-party hedge funds, private equity funds and funds of funds, b) equity method investments where the Group has the ability to significantly influence the operating and financial policies of the investee, and c) direct investments in non-marketable equity securities. Direct investments in third-party hedge funds, private equity funds and funds of funds are measured at fair value based on their published NAVs as permitted by ASC Topic 820 – Fair Value Measurement. In some cases, NAVs may be adjusted where there is sufficient evidence that the NAV published by the investment manager is not in line with the fund’s observable market data, it is probable that the investment will be sold for an amount other than NAV or other circumstances exist that would require an adjustment to the published NAV. Although rarely adjusted, significant judgment is involved in making any adjustments to the published NAVs. The investments for which the fair value is measured using the NAV practical expedient are not categorized within the fair value hierarchy. Direct investments in non-marketable equity securities consist of both real estate investments and non-real estate investments. Equity-method investments and direct investments in non-marketable equity securities are initially measured at their transaction price, as this is the best estimate of fair value. Thereafter, these investments are individually measured at fair value based upon a number of factors that include any recent rounds of financing involving third-party investors, comparable company transactions, multiple analyses of cash flows or book values, or discounted cash flow analyses. The availability of information used in these modeling techniques is often limited and involves significant judgment in evaluating these different factors over time. As a result, these investments are included in level 3 of the fair value hierarchy. Life finance instruments Life finance instruments include single premium immediate annuities (SPIA) and other premium finance instruments. Life finance instruments are valued in a similar manner as described for life settlement and premium finance instruments under the other trading assets section above. Loans The Group’s loan portfolio which is measured at fair value primarily consists of commercial and industrial loans and loans to financial institutions. Within these categories, loans measured at fair value include commercial loans, real estate loans, corporate loans, leverage finance loans and emerging market loans. Fair value is based on recent transactions and quoted prices, where available. Where recent transactions and quoted prices are not available, fair value may be determined by relative value benchmarking (which includes pricing based upon another position in the same capital structure, other comparable loan issues, generic industry credit spreads, implied credit spreads derived from CDS for the specific borrower, and enterprise valuations) or calculated based on the exit price of the collateral, based on current market conditions. Both the funded and unfunded portion of revolving credit lines on the corporate lending portfolio are valued using a loan pricing model, which requires estimates of significant inputs including credit conversion factors, credit spreads, recovery rates and weighted average life of the loan. Significant unobservable inputs may include credit spread and price. The Group’s other assets and liabilities include mortgage loans held in conjunction with securitization activities and assets and liabilities of VIEs and mortgage securitizations that do not meet the criteria for sale treatment under US GAAP. The fair value of mortgage loans held in conjunction with securitization activities is determined on a whole-loan basis and is consistent with the valuation of RMBS loans discussed in “Other trading assets” above. Whole-loan valuations are calculated based on the exit price reflecting the current market conditions. The fair value of assets and liabilities of VIEs and mortgage securitizations that do not meet the criteria for sale treatment under US GAAP are determined based on the quoted prices for securitized bonds, where available, or on cash flow analyses for securitized bonds, when quoted prices are not available. The fair value of the consolidated financial assets of RMBS and CMBS securitization vehicles, which qualify as collateralized financing entities, are measured on the basis of the more observable fair value of the VIEs’ financial liabilities. Short-term borrowings and long-term debt The Group’s short-term borrowings and long-term debt include structured notes (hybrid financial instruments that are both bifurcatable and non-bifurcatable) and vanilla debt. The fair value of structured notes is based on quoted prices, where available. When quoted prices are not available, fair value is determined by using a discounted cash flow model incorporating the Group’s credit spreads, the value of derivatives embedded in the debt and the residual term of the issuance based on call options. Derivatives structured into the issued debt are valued consistently with the Group’s stand-alone derivative contracts held for trading purposes or used in hedge accounting relationships as discussed above. The fair value of structured debt is heavily influenced by the combined call options and performance of the underlying derivative returns. Significant unobservable inputs for short-term borrowings and long-term debt include buyback probability, correlation, credit spread, gap risk, mean reversion, price, recovery rate and volatility. Generally, the interrelationships between correlation, credit spread, gap risk and volatility inputs are positively correlated. Other liabilities Failed sales These liabilities represent the financing of assets that did not achieve sale accounting treatment under US GAAP. Failed sales are valued in a manner consistent with the related underlying financial instruments. Assets and liabilities measured at fair value on a recurring basis 1 Assets 2 Assets (CHF million) Cash and due from banks 0 308 0 – – 308 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 0 68,623 0 – – 68,623 Securities received as collateral 13,848 1,155 14 – – 15,017 Trading assets 54,085 146,521 4,503 (94,633) 665 111,141 of which debt securities 12,191 40,700 1,225 – 82 54,198 of which foreign governments 11,996 11,377 35 – – 23,408 of which corporates 72 8,958 478 – 82 9,590 of which RMBS 0 17,033 424 – – 17,457 of which equity securities 34,282 1,486 195 – 583 36,546 of which derivatives 6,224 103,781 2,187 (94,633) – 17,559 of which interest rate products 721 47,934 624 – – – of which foreign exchange products 123 20,686 53 – – – of which equity/index-related products 5,348 29,808 212 – – – of which other derivatives 0 196 1,034 – – – of which other trading assets 1,388 554 896 – – 2,838 Investment securities 2 1,003 0 – – 1,005 Other investments 0 23 3,666 – 405 4,094 of which other equity investments 0 23 2,863 – 351 3,237 of which life finance instruments 0 0 789 – – 789 Loans 0 8,709 1,534 – – 10,243 of which commercial and industrial loans 0 2,267 717 – – 2,984 of which financial institutions 0 3,840 465 – – 4,305 Other intangible assets (mortgage servicing rights) 0 57 167 – – 224 Other assets 121 8,750 694 (381) – 9,184 of which failed purchases 98 1,135 11 – – 1,244 of which loans held-for-sale 0 6,818 562 – – 7,380 Total assets at fair value 68,056 235,149 10,578 (95,014) 1,070 219,839 1 Derivative contracts are reported on a gross basis by level. The impact of netting represents legally enforceable master netting agreements. 2 In accordance with US GAAP, certain investments that are measured at fair value using the net asset value per share practical expedient have not been classified in the fair value Assets and liabilities measured at fair value on a recurring basis (continued) 1 Liabilities 2 Liabilities (CHF million) Due to banks 0 477 0 – – 477 Customer deposits 0 3,306 394 – – 3,700 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 0 13,213 0 – – 13,213 Obligation to return securities received as collateral 13,848 1,155 14 – – 15,017 Trading liabilities 19,419 105,828 2,809 (100,522) 1 27,535 of which short positions 11,689 4,974 25 – 1 16,689 of which debt securities 2,809 4,865 3 – – 7,677 of which foreign governments 2,667 968 0 – – 3,635 of which corporates 113 3,839 3 – – 3,955 of which equity securities 8,880 109 22 – 1 9,012 of which derivatives 7,730 100,854 2,784 (100,522) – 10,846 of which interest rate products 776 44,003 26 – – – of which foreign exchange products 133 22,646 57 – – – of which equity/index-related products 6,812 27,919 1,787 – – – Short-term borrowings 0 9,658 1,032 – – 10,690 Long-term debt 0 59,046 9,676 – – 68,722 of which structured notes over one year and up to two years
Bank
Financial instruments	35 Financial instruments > Refer to “Note 36 – Financial instruments” in VI – Consolidated financial statements – Credit Suisse Group for further information. Assets and liabilities measured at fair value on a recurring basis 1 Assets 2 Assets (CHF million) Cash and due from banks 0 308 0 – – 308 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 0 68,623 0 – – 68,623 Securities received as collateral 13,848 1,155 14 – – 15,017 Trading assets 54,145 146,768 4,503 (94,782) 665 111,299 of which debt securities 12,191 40,799 1,225 – 82 54,297 of which foreign government 11,996 11,377 35 – – 23,408 of which corporates 72 9,057 478 – 82 9,689 of which RMBS 0 17,033 424 – – 17,457 of which equity securities 34,342 1,486 195 – 583 36,606 of which derivatives 6,224 103,930 2,187 (94,782) – 17,559 of which interest rate products 721 48,083 624 – – – of which foreign exchange products 123 20,686 53 – – – of which equity/index-related products 5,348 29,808 212 – – – of which other derivatives 0 196 1,034 – – – of which other trading assets 1,388 553 896 – – 2,837 Investment securities 0 1,003 0 – – 1,003 Other investments 0 23 3,666 – 404 4,093 of which other equity investments 0 23 2,863 – 351 3,237 of which life finance instruments 0 0 789 – – 789 Loans 0 8,709 1,534 – – 10,243 of which commercial and industrial loans 0 2,267 717 – – 2,984 of which financial institutions 0 3,840 465 – – 4,305 Other intangible assets (mortgage servicing rights) 0 57 167 – – 224 Other assets 121 8,750 694 (381) – 9,184 of which failed purchases 98 1,135 11 – – 1,244 of which loans held-for-sale 0 6,818 562 – – 7,380 Total assets at fair value 68,114 235,396 10,578 (95,163) 1,069 219,994 1 Derivative contracts are reported on a gross basis by level. The impact of netting represents legally enforceable master netting agreements. 2 In accordance with US GAAP, certain investments that are measured at fair value using the net asset value per share practical expedient have not been classified in the fair value Assets and liabilities measured at fair value on a recurring basis (continued) 1 Liabilities 2 Liabilities (CHF million) Due to banks 0 477 0 – – 477 Customer deposits 0 3,306 394 – – 3,700 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 0 13,307 0 – – 13,307 Obligation to return securities received as collateral 13,848 1,155 14 – – 15,017 Trading liabilities 19,423 105,865 2,809 (100,559) 1 27,539 of which short positions 11,693 4,974 25 – 1 16,693 of which debt securities 2,809 4,865 3 – – 7,677 of which foreign government 2,667 968 0 – – 3,635 of which corporates 113 3,839 3 – – 3,955 of which equity securities 8,884 109 22 – 1 9,016 of which derivatives 7,730 100,891 2,784 (100,559) – 10,846 of which interest rate products 776 44,039 26 – – – of which foreign exchange products 133 22,646 57 – – – of which equity/index-related products 6,812 27,919 1,787 – – – Short-term borrowings 0 9,658 1,032 – – 10,690 Long-term debt 0 58,112 9,676 – – 67,788 of which structured notes over one year and up to two years 0 11,036 1,464 – – 12,500 of which structured notes over two years 0 24,168 6,318 – – 30,486 of which other debt instruments over two years 0 3,223 1,854 – – 5,077 of which high-trigger instruments 0 10,708 0 – – 10,708 of which other subordinated bonds 0 7,133 0 – – 7,133 Other liabilities 348 2,008 517 (305) – 2,568 Total liabilities at fair value 33,619 193,888 14,442 (100,864) 1 141,086 1 Derivative contracts are reported on a gross basis by level. The impact of netting represents legally enforceable master netting agreements. 2 In accordance with US GAAP, certain investments that are measured at fair value using the net asset value per share practical expedient have not been classified in the fair value Assets and liabilities measured at fair value on a recurring basis (continued) 1 Assets 2 Assets (CHF million) Cash and due from banks 0 525 0 – – 525 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 0 57,994 0 – – 57,994 Securities received as collateral 44,074 6,598 101 – – 50,773 Trading assets 87,746 181,303 7,535 (119,731) 658 157,511 of which debt securities 16,321 45,903 2,253 – 55 64,532 of which foreign government 15,908 11,909 140 – – 27,957 of which corporates 353 9,936 1,270 – 55 11,614 of which RMBS 0 20,882 557 – – 21,439 of which equity securities 60,080 2,466 124 – 603 63,273 of which derivatives 9,297 132,054 3,911 (119,731) – 25,531 of which interest rate products 3,036 71,043 733 – – – of which foreign exchange products 42 24,259 143 – – – of which equity/index-related products 6,150 31,945 1,186 – – – of which other derivatives 22 110 1,079 – – – of which other trading assets 2,048 880 1,247 – – 4,175 Investment securities 1 604 0 – – 605 Other investments 13 6 3,054 – 720 3,793 of which other equity investments 13 6 2,132 – 609 2,760 of which life finance instruments 0 0 920 – – 920 Loans 0 7,739 3,669 – – 11,408 of which commercial and industrial loans 0 2,187 1,347 – – 3,534 of which financial institutions 0 3,506 1,082 – – 4,588 Other intangible assets (mortgage servicing rights) 0 0 180 – – 180 Other assets 137 7,315 1,825 (904) – 8,373 of which failed purchases 109 1,229 51 – – 1,389 of which loans held-for-sale 0 4,870 1,576 – – 6,446 Total assets at fair value 131,971 262,084 16,364 (120,635) 1,378 291,162 1 Derivative contracts are reported on a gross basis by level. The impact of netting represents legally enforceable master netting agreements. 2 In accordance with US GAAP, certain investments that are measured at fair value using the net asset value per share practical expedient have not been classified in the fair value Assets and liabilities measured at fair value on a recurring basis (continued) 1 Liabilities 2 Liabilities (CHF million) Due to banks 0 413 0 – – 413 Customer deposits 0 3,895 448 – – 4,343 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 0 13,688 0 – – 13,688 Obligation to return securities received as collateral 44,074 6,598 101 – – 50,773 Trading liabilities 33,543 138,018 4,246 (129,937) 1 45,871 of which equity securities 20,527 111 55 – 1 20,694 of which derivatives 10,535 132,956 4,191 (129,937) – 17,745 of which interest rate products 3,264 68,229 169 – – – of which foreign exchange products 51 28,819 72 – – – of which equity/index-related products 7,149 30,612 2,010 – – – of which credit derivatives 0 4,663 1,335 – – – Short-term borrowings 0 10,039 701 – – 10,740 Long-term debt 0 62,957 7,286 – – 70,243 of which structured notes over one year and up to two years 0 11,787 1,133 – – 12,920 of which structured notes over two years 0 28,330 5,526 – – 33,856 of which high-trigger instruments 0 10,627 0 – – 10,627 Other liabilities 0 6,675 1,250 (169) – 7,756 Total liabilities at fair value 77,617 242,283 14,032 (130,106) 1 203,827 1 Derivative contracts are reported on a gross basis by level. The impact of netting represents legally enforceable master netting agreements. 2 In accordance with US GAAP, certain investments that are measured at fair value using the net asset value per share practical expedient have not been classified in the fair value Assets and liabilities measured at fair value on a recurring basis for level 3 Accumulated other Foreign 1 Assets (CHF million) Securities received as collateral 101 0 0 73 (164) 0 0 0 0 0 0 0 0 4 14 0 Trading assets 7,535 1,345 (3,413) 4,867 (5,685) 874 (1,629) (133) 509 0 (1) 0 0 234 4,503 52 of which debt securities 2,253 878 (1,701) 3,668 (4,141) 0 0 (331) 509 0 (1) 0 0 91 1,225 103 of which corporates 1,270 471 (747) 2,753 (3,483) 0 0 (321) 472 0 0 0 0 63 478 154 of which RMBS 557 158 (615) 654 (385) 0 0 (25) 59 0 0 0 0 21 424 (15) of which derivatives 3,911 314 (1,551) 0 0 874 (1,514) 79 (16) 0 0 0 0 90 2,187 116 of which interest rate products 733 58 (222) 0 0 175 (79) (8) (14) 0 0 0 0 (19) 624 141 of which other derivatives 1,079 1 0 0 0 311 (325) 0 (73) 0 0 0 0 41 1,034 (81) of which other trading assets 1,247 31 (90) 1,035 (1,371) 0 (115) 62 49 0 0 0 0 48 896 (96) Other investments 3,054 99 (758) 1,513 (658) 0 0 0 86 0 267 0 0 63 3,666 120 of which other equity investments 2,132 65 (757) 1,478 (443) 0 0 0 96 0 262 0 0 30 2,863 80 of which life finance instruments 920 0 0 33 (188) 0 0 0 (10) 0 0 0 0 34 789 39 Loans 2 3,669 257 (1,315) 362 (194) 207 (1,620) 7 55 0 (3) 0 0 109 1,534 (59) of which commercial and industrial loans 2 1,347 213 (364) 10 (133) 162 (643) 19 74 0 (3) 0 0 35 717 6 of which financial institutions 1,082 43 (340) 0 (42) 34 (409) 1 70 0 0 0 0 26 465 27 Other intangible assets (mortgage servicing rights) 180 0 0 22 0 0 0 0 0 0 (42) 0 0 7 167 (42) Other assets 1,825 370 (902) 3,447 (3,269) 120 (924) 14 (41) 0 0 0 0 54 694 (137) of which loans held-for-sale 1,576 360 (855) 3,394 (3,222) 120 (921) 25 41 0 0 0 0 44 562 (104) Total assets at fair value 16,364 2,071 (6,388) 10,284 (9,970) 1,201 (4,173) (112) 609 0 221 0 0 471 10,578 (66) Liabilities (CHF million) Customer deposits 448 0 0 0 0 0 0 0 (18) 0 0 0 (14) (22) 394 (29) Obligation to return securities received as collateral 101 0 0 73 (164) 0 0 0 0 0 0 0 0 4 14 0 Trading liabilities 4,246 1,007 (2,703) 45 (56) 1,135 (1,498) 340 138 0 0 0 0 155 2,809 653 of which derivatives 4,191 838 (2,553) 19 (8) 1,135 (1,498) 340 166 0 0 0 0 154 2,784 629 of which equity/index-related derivatives 2,010 562 (1,498) 0 0 581 (644) 353 352 0 0 0 0 71 1,787 712 Short-term borrowings 701 359 (550) 0 0 1,766 (1,363) (35) 128 0 0 0 0 26 1,032 72 Long-term debt 7,286 4,767 (6,698) 0 0 11,323 (6,863) (36) (324) 0 0 0 (49) 270 9,676 (31) of which structured notes over one year and up to two years 1,133 1,802 (1,979) 0 0 2,052 (1,663) (26) 104 0 0 (1) (1) 43 1,464 (2) of which structured notes over two years 5,526 2,965 (4,314) 0 0 7,540 (5,038) 11 (528) 0 0 1 (47) 202 6,318 (312) of which other debt instruments over two years 165 0 (2) 0 0 1,616 (36) 0 105 0 0 0 0 6 1,854 306 Other liabilities 1,250 21 (538) 51 (89) 116 (493) 10 (28) 109 66 0 0 42 517 26 Total liabilities at fair value 14,032 6,154 (10,489) 169 (309) 14,340 (10,217) 279 (104) 109 66 0 (63) 475 14,442 691 Net assets/(liabilities) at fair value 2,332 (4,083) 4,101 10,115 (9,661) (13,139) 6,044 (391) 713 (109) 155 0 63 (4) (3,864) (757) 1 Changes in unrealized gains/(losses) on total assets at fair value and changes in unrealized (gains)/losses on total liabilities at fair value relating to assets and liabilities held at period end are included in net revenues or accumulated other comprehensive income. As of 2021, changes in net unrealized gains/(losses) of CHF (841) Assets and liabilities measured at fair value on a recurring basis for level 3 (continued) Accumulated other Foreign 1 Assets (CHF million) Securities received as collateral 1 0 0 213 (106) 0 0 0 0 0 0 0 0 (7) 101 0 Trading assets 7,885 3,255 (3,271) 6,304 (6,740) 2,064 (2,968) 290 1,598 0 5 0 0 (887) 7,535 1,377 of which debt securities 1,923 2,078 (1,775) 3,811 (3,493) 0 0 1 14 0 5 0 0 (311) 2,253 166 of which corporates 1,128 703 (809) 2,685 (2,464) 0 0 26 211 0 0 0 0 (210) 1,270 196 of which derivatives 3,534 995 (1,207) 0 0 2,064 (2,891) 213 1,607 0 1 0 0 (405) 3,911 1,323 of which equity/index-related products 1,040 255 (519) 0 0 507 (743) 107 725 0 0 0 0 (186) 1,186 752 of which other derivatives 909 0 0 0 0 303 (326) (1) 291 0 0 0 0 (97) 1,079 310 of which other trading assets 2,231 119 (246) 2,420 (3,189) 0 (77) 72 76 0 (1) 0 0 (158) 1,247 (87) Other investments 2,523 8 0 442 (194) 0 0 0 112 0 286 0 0 (123) 3,054 409 of which other equity investments 1,463 7 0 408 (22) 0 0 0 13 0 293 0 0 (30) 2,132 298 of which life finance instruments 1,052 0 0 34 (172) 0 0 0 99 0 0 0 0 (93) 920 112 Loans 2 3,835 1,268 (549) 437 (640) 1,170 (1,435) 52 (164) 0 1 0 0 (306) 3,669 (97) of which commercial and industrial loans 2 1,402 446 (170) 184 (442) 610 (435) 6 (150) 0 1 0 0 (105) 1,347 (183) of which financial institutions 1,201 238 (245) 0 (31) 499 (531) 20 43 0 0 0 0 (112) 1,082 47 Other intangible assets (mortgage servicing rights) 244 0 0 0 0 0 0 0 0 0 (44) 0 0 (20) 180 (44) Other assets 1,846 1,440 (709) 4,553 (4,595) 547 (995) (17) (14) 0 0 0 0 (231) 1,825 (48) of which loans held-for-sale 1,619 1,380 (665) 4,504 (4,567) 547 (994) (41) 4 0 0 0 0 (211) 1,576 (73) Total assets at fair value 16,334 5,971 (4,529) 11,949 (12,275) 3,781 (5,398) 325 1,532 0 248 0 0 (1,574) 16,364 1,597 Liabilities (CHF million) Customer deposits 474 0 0 0 0 0 (27) 0 7 0 0 0 10 (16) 448 46 Obligation to return securities received as collateral 1 0 0 213 (106) 0 0 0 0 0 0 0 0 (7) 101 0 Trading liabilities 3,854 848 (1,614) 471 (310) 2,146 (2,375) 260 1,428 0 0 0 0 (462) 4,246 1,653 of which derivatives 3,801 829 (1,611) 198 (8) 2,146 (2,375) 259 1,410 0 0 0 0 (458) 4,191 1,646 of which equity/index-related derivatives 1,921 248 (954) 0 0 776 (536) 167 644 0 0 0 0 (256) 2,010 1,162 of which credit derivatives 1,211 539 (562) 0 0 1,111 (1,425) 85 502 0 0 0 0 (126) 1,335 277 Short-term borrowings 997 37 (294) 0 0 1,307 (1,189) 4 (62) 0 0 0 0 (99) 701 94 Long-term debt 12,749 3,089 (7,478) 0 0 5,891 (5,622) 568 (690) 0 0 99 (82) (1,238) 7,286 209 of which structured notes over one year and up to two years 891 689 (676) 0 0 1,022 (690) 40 (38) 0 0 1 (1) (105) 1,133 (19) of which structured notes over two years 11,458 1,614 (6,479) 0 0 4,766 (4,577) 532 (683) 0 0 98 (92) (1,111) 5,526 224 Other liabilities 1,367 160 (183) 266 (277) 129 (390) (33) 37 0 289 0 0 (115) 1,250 64 Total liabilities at fair value 19,442 4,134 (9,569) 950 (693) 9,473 (9,603) 799 720 0 289 99 (72) (1,937) 14,032 2,066 Net assets/(liabilities) at fair value (3,108) 1,837 5,040 10,999 (11,582) (5,692) 4,205 (474) 812 0 (41) (99) 72 363 2,332 (469) 1 Changes in unrealized gains/(losses) on total assets at fair value and changes in unrealized (gains)/losses on total liabilities at fair value relating to assets and liabilities held at period end are included in net revenues or accumulated other comprehensive income. As of 2020, changes in net unrealized gains/(losses) of CHF (667) (98) 2 Includes an adjustment of CHF 119 million reflecting the impact of applying the fair value option on certain loans (previously held at amortized cost) at the adoption of the ASU 2019-05. > Refer to “Note 36 – Financial instruments” in VI – Consolidated financial statements – Credit Suisse Group for qualitative information about level 3 assets and liabilities measured at fair value on a recurring basis. Fair value, unfunded commitments and term of redemption conditions of investment funds measured at NAV per share 2021 2020 Unfunded Unfunded Fair value of investment funds and unfunded commitments (CHF million) Funds held in trading assets and trading liabilities 193 471 664 24 138 519 657 45 Private equity funds 39 0 39 42 92 0 92 77 Hedge funds 12 2 14 1 12 7 19 0 Equity method investment funds 336 15 351 124 322 287 609 226 Funds held in other investments 387 17 404 167 426 294 720 303 Fair value of investment funds and unfunded commitments 580 1 488 2 1,068 191 564 3 813 4 1,377 348 1 CHF 339 million of the underlying assets have known liquidation periods and for CHF 241 million, the timing of liquidation is unknown. 2 CHF 304 million of the redeemable on demand with a notice period of primarily less than 30 days. 3 CHF 190 million of the underlying assets have known liquidation periods and for CHF 374 million, the timing of liquidation is unknown. 4 CHF 540 million of the redeemable on demand with a notice period of primarily less than 30 days. CHF 4 million of the investment funds had restrictions on redemptions, which have a redemption restriction of less than 1 year. Assets and liabilities measured at fair value on a nonrecurring basis end of 2021 Level 1 Level 2 Level 3 Total Assets (CHF million) Other investments 0 0 152 152 of which equity method investments 0 0 118 118 of which equity securities (without a readily determinable fair value) 0 0 21 21 Net loans 0 12 5 17 Other assets 0 29 110 139 of which loans held-for-sale 0 28 45 73 of which premises, equipment and right-of-use assets 0 1 60 61 Total assets recorded at fair value on a nonrecurring basis 0 41 267 308 Liabilities (CHF million) Other liabilities 0 0 21 21 of which commitments held-for-sale 0 0 21 21 Total liabilities recorded at fair value on a nonrecurring basis 0 0 21 21 end of 2020 Assets (CHF million) Other investments 0 217 326 543 of which equity method investments 0 0 303 303 of which equity securities (without a readily determinable fair value) 0 217 10 227 Net loans 0 67 4 71 Other assets 0 104 97 201 of which loans held-for-sale 0 97 39 136 of which premises, equipment and right-of-use assets 0 4 54 58 Total assets recorded at fair value on a nonrecurring basis 0 388 427 815 Liabilities (CHF million) Other liabilities 0 0 14 14 of which commitments held-for-sale 0 0 14 14 Total liabilities recorded at fair value on a nonrecurring basis 0 0 14 14 > Refer to “Note 36 – Financial instruments” in VI – Consolidated financial statements – Credit Suisse Group for quantitative information about level 3 assets and liabilities measured at fair value on a nonrecurring basis. Difference between the aggregate fair value and unpaid principal balances of fair value option-elected financial instruments 2021 2020 Aggregate Aggregate Aggregate Aggregate Financial instruments (CHF million) Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 68,623 68,565 58 57,994 57,895 99 Loans 10,243 11,035 (792) 11,408 12,079 (671) Other assets 1 8,624 10,777 (2,153) 7,834 10,090 (2,256) Due to banks and customer deposits (493) (442) (51) (578) (489) (89) Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions (13,307) (13,306) (1) (13,688) (13,672) (16) Short-term borrowings (10,690) (10,996) 306 (10,740) (10,632) (108) Long-term debt 2 (67,788) (70,946) 3,158 (70,243) (73,175) 2,932 Other liabilities (1,170) (1,403) 233 (616) (1,569) 953 Non-performing and non-interest-earning loans 3 843 2,657 (1,814) 543 3,364 (2,821) 1 Primarily loans held-for-sale. 2 Long-term debt includes both principal-protected and non-principal protected instruments. For non-principal-protected instruments, the original notional amount has been reported in the aggregate unpaid principal. 3 Included in loans or other assets. Gains and losses on financial instruments 2021 2020 2019 Net Net Net Financial instruments (CHF million) Interest-bearing deposits with banks 24 1 15 1 29 1 of which related to credit risk 2 0 11 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 638 1 1,198 1 2,696 1 Other investments 304 2 397 2 268 3 of which related to credit risk 2 1 2 Loans 443 1 510 1 908 1 of which related to credit risk (13) (181) 26 Other assets 519 1 489 1 892 1 of which related to credit risk 133 (106) 111 Due to banks and customer deposits (22) 3 (10) 3 (29) 3 of which related to credit risk 0 0 1 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions (43) 1 (58) 1 (612) 1 Short-term borrowings 98 3 (687) 3 (50) 3 of which related to credit risk 2 0 8 Long-term debt (2,644) 3 (2,349) 3 (7,950) 3 of which related to credit risk 0 11 (5) Other liabilities 171 3 (20) 3 92 2 of which related to credit risk 71 (15) 50 1 Primarily recognized in net interest income. 2 Primarily recognized in other revenues. 3 Primarily recognized in trading revenues. Gains/(losses) attributable to changes in instrument-specific credit risk 1 Gains/(losses) recorded 1 in 2021 Cumulative 2020 2021 2020 Financial instruments (CHF million) Customer deposits 14 (62) (9) 0 0 Short-term borrowings 19 (51) (13) 0 1 Long-term debt 263 (2,087) 24 103 155 of which treasury debt over two years (134) (859) 188 0 0 of which structured notes over two years 361 (1,142) (177) 103 155 Total 296 (2,200) 2 103 156 1 Amounts are reflected gross of tax. Carrying value and fair value of financial instruments not carried at fair value Carrying end of Level 1 Level 2 Level 3 Total 2021 (CHF million) Financial assets Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 35,283 0 35,283 0 35,283 Loans 286,438 0 281,195 13,722 294,917 Other financial assets 1 179,217 163,307 15,457 494 179,258 Financial liabilities Due to banks and customer deposits 408,624 244,155 164,475 0 408,630 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 22,061 0 22,061 0 22,061 Short-term borrowings 14,646 0 14,646 0 14,646 Long-term debt 92,908 0 93,597 1,702 95,299 Other financial liabilities 2 12,542 0 12,105 441 12,546 2020 (CHF million) Financial assets Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 34,282 0 34,282 0 34,282 Loans 285,570 0 281,097 14,534 295,631 Other financial assets 1 154,441 137,763 16,399 302 154,464 Financial liabilities Due to banks and customer deposits 403,704 235,477 168,262 0 403,739 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 23,399 0 23,399 0 23,399 Short-term borrowings 10,568 0 10,569 0 10,569 Long-term debt 90,035 0 90,716 2,317 93,033 Other financial liabilities 2 16,131 0 15,694 403 16,097 1 Primarily includes cash and due from banks, interest-bearing deposits with banks, loans held-for-sale, cash collateral on derivative instruments, interest and fee receivables and non-marketable equity securities. 2 Primarily includes cash collateral on derivative instruments and interest and fee payables.

Assets pledged and collateral

Assets pledged and collateral	12 Months Ended
	Dec. 31, 2021
Assets pledged and collateral	37 Assets pledged and collateral Assets pledged The Group pledges assets mainly for repurchase agreements and other securities financing. Certain pledged assets may be encumbered, meaning they have the right to be sold or repledged. The encumbered assets are parenthetically disclosed on the consolidated balance sheet. Assets pledged end of 2021 2020 1 CHF million Total assets pledged or assigned as collateral 88,721 141,826 of which encumbered 39,105 80,428 1 Prior period has been revised. Collateral The Group receives cash and securities in connection with resale agreements, securities borrowing and loans, derivative transactions and margined broker loans. A significant portion of the collateral and securities received by the Group was sold or repledged in connection with repurchase agreements, securities sold not yet purchased, securities borrowings and loans, pledges to clearing organizations, segregation requirements under securities laws and regulations, derivative transactions and bank loans. Collateral end of 2021 2020 1 CHF million Fair value of collateral received with the right to sell or repledge 289,898 414,268 of which sold or repledged 144,747 215,601 1 Prior period has been revised. Other information end of 2021 2020 CHF million Swiss National Bank required minimum liquidity reserves 2,246 2,092 Other restricted cash, securities and receivables 1 3,868 4,089 2 1 Includes cash, securities and receivables recorded on the Group’s consolidated balance sheets and restricted under Swiss or foreign regulations for financial institutions; excludes restricted cash, securities and receivables held on behalf of clients which are not recorded on the Group’s consolidated balance sheet. 2 Prior period has been revised.
Bank
Assets pledged and collateral	36 Assets pledged and collateral Assets pledged The Bank pledges assets mainly for repurchase agreements and other securities financing. Certain pledged assets may be encumbered, meaning they have the right to be sold or repledged. The encumbered assets are parenthetically disclosed on the consolidated balance sheet. Assets pledged end of 2021 2020 1 CHF million Total assets pledged or assigned as collateral 88,721 141,826 of which encumbered 39,105 80,428 1 Prior period has been revised. Collateral The Bank receives cash and securities in connection with resale agreements, securities borrowing and loans, derivative transactions and margined broker loans. A significant portion of the collateral and securities received by the Bank was sold or repledged in connection with repurchase agreements, securities sold not yet purchased, securities borrowings and loans, pledges to clearing organizations, segregation requirements under securities laws and regulations, derivative transactions and bank loans. Collateral end of 2021 2020 1 CHF million Fair value of collateral received with the right to sell or repledge 289,898 414,268 of which sold or repledged 144,747 215,601 1 Prior period has been revised. Other information end of 2021 2020 CHF million Swiss National Bank required minimum liquidity reserves 2,246 2,092 Other restricted cash, securities and receivables 1 3,423 3,465 2 1 Includes cash, securities and receivables recorded on the Group’s consolidated balance sheets and restricted under Swiss or foreign regulations for financial institutions; excludes restricted cash, securities and receivables held on behalf of clients which are not recorded on the Group’s consolidated balance sheet. 2 Prior period has been revised. > Refer to “Note 37 – Assets pledged and collateral” in VI – Consolidated financial statements – Credit Suisse Group for further information.

Capital adequacy

Capital adequacy	12 Months Ended
	Dec. 31, 2021
Capital adequacy	38 Capital adequacy The Group is subject to the Basel framework, as implemented in Switzerland, as well as Swiss legislation and regulations for systemically important banks, which include capital, liquidity, leverage and large exposure requirements and rules for emergency plans designed to maintain systemically relevant functions in the event of threatened insolvency. The legislation implementing the Basel framework in Switzerland in respect of capital requirements for systemically important banks, including Credit Suisse, goes beyond the Basel minimum standards for systemically important banks. The Group, which is subject to regulation by FINMA, has based its capital adequacy calculations on US GAAP financial statements, as permitted by FINMA Circular 2013/1. Under the Capital Adequacy Ordinance, Swiss banks classified as systemically important banks operating internationally, such as Credit Suisse, are subject to two different minimum requirements for loss-absorbing capacity: such banks must hold sufficient capital that absorbs losses to ensure continuity of service (going concern requirement), and they must issue sufficient debt instruments to fund an orderly resolution without recourse to public resources (gone concern requirement). Going concern capital and gone concern capital together form the Group’s total loss-absorbing capacity. The going concern and gone concern requirements are generally aligned with the Financial Stability Board’s total loss-absorbing capacity standard. Under the Capital Adequacy Ordinance’s grandfathering provisions, additional tier 1 capital instruments with a low trigger qualify as going concern capital until their first call date; additional tier 1 capital instruments and tier 2 capital instruments that no longer qualify as going concern capital, qualify as gone concern capital until termination or one year before their final maturity, respectively. Additionally, there are FINMA decrees that apply to Credit Suisse as a systemically important bank operating internationally, including capital adequacy requirements as well as liquidity and risk diversification requirements. Banks that do not maintain the minimum requirements may be limited in their ability to pay dividends and make discretionary bonus payments and other earnings distributions. The Group’s balance sheet positions and off-balance sheet exposures translate into risk-weighted assets, which are categorized as credit, market and operational risk-weighted assets. When assessing risk-weighted assets, it is not the nominal size, but rather the nature (including risk mitigation such as collateral or hedges) of the balance sheet positions or off-balance sheet exposures that determines the risk-weighted assets. Leverage exposure consists of period-end total assets and prescribed regulatory adjustments, such as derivative financial instruments, securities financing transactions and off-balance sheet exposures. Capital ratios measure the Group’s capital components against risk-weighted assets and leverage ratios measure them against the end-of-period leverage exposure. As of December 31, 2021 and 2020, the Group’s capital position exceeded its capital requirements under the regulatory provisions outlined under Swiss Requirements. Broker-dealer operations Certain of the Group’s broker-dealer subsidiaries are also subject to capital adequacy requirements. As of December 31, 2021 and 2020, the Group and its subsidiaries complied with all applicable regulatory capital adequacy requirements. Dividend restrictions Certain of the Group’s subsidiaries are subject to legal restrictions governing the amount of dividends they can pay (for example, pursuant to corporate law as defined by the Swiss Code of Obligations). Under the Swiss Code of Obligations, dividends may be paid out only if and to the extent the corporation has distributable profits from previous business years, or if the free reserves of the corporation are sufficient to allow distribution of a dividend. In addition, at least 5% of the annual net profits must be retained and booked as general legal reserves for so long as these reserves amount to less than 20% of the paid-in share capital. The reserves currently exceed this 20% threshold. Furthermore, dividends may be paid out only after shareholder approval at the Annual General Meeting. As of December 31, 2021 and 2020, Credit Suisse Group AG was not subject to restrictions on its ability to pay the proposed dividends. Swiss metrics end of 2021 2020 Swiss capital (CHF million) Swiss CET1 capital 38,529 35,351 Going concern capital 54,372 51,192 Gone concern capital 1 46,648 41,852 Total loss-absorbing capacity (TLAC) 101,020 93,044 Swiss risk-weighted assets and leverage exposure (CHF million) Swiss risk-weighted assets 268,418 275,576 Leverage exposure 889,137 812,996 2 Swiss capital ratios (%) Swiss CET1 ratio 14.4 12.8 Going concern capital ratio 20.3 18.6 Gone concern capital ratio 17.4 15.2 TLAC ratio 37.6 33.8 Swiss leverage ratios (%) Swiss CET1 leverage ratio 4.3 4.3 Going concern leverage ratio 6.1 6.3 Gone concern leverage ratio 5.2 5.1 3 TLAC leverage ratio 11.4 11.4 Swiss capital ratio requirements (%) Swiss CET1 ratio requirement 10.0 10.0 Going concern capital ratio requirement 14.3 14.3 Gone concern capital ratio requirement 14.3 14.3 TLAC ratio requirement 28.6 28.6 Swiss leverage ratio requirements (%) Swiss CET1 leverage ratio requirement 3.5 3.5 Going concern leverage ratio requirement 5.0 5.0 Gone concern leverage ratio requirement 5.0 5.0 TLAC leverage ratio requirement 10.0 10.0 1 Amounts are shown on a look-through basis. Certain tier 2 instruments and their related tier 2 amortization components are subject to phase out through 2022. As of 2021 and 2020, gone concern capital was CHF 46,897 million and CHF 42,198 million, including CHF 249 million and CHF 346 million, respectively, of such instruments. 2 Excludes CHF 110,677 million of cash held at central banks, after adjusting for the dividend paid in 2020. 3 The gone concern ratio would have been 4.5%, if calculated using a leverage exposure of CHF 923,673 million, without the temporary exclusion of cash held at central banks, after adjusting for the dividend paid in 2020, of CHF 110,677 million.
Bank
Capital adequacy	37 Capital adequacy The Bank is subject to the Basel framework, as implemented in Switzerland, as well as Swiss legislation and regulations for systemically important banks. The Bank, which is subject to regulation by FINMA, has based its capital adequacy calculations on US GAAP financial statements, as permitted by FINMA Circular 2013/1. > Refer to “Note 38 – Capital adequacy” in VI – Consolidated financial statements – Credit Suisse Group for further information. As of December 31, 2021 and 2020, the Bank’s capital position exceeded its capital requirements under the regulatory provisions outlined under Swiss Requirements. Broker-dealer operations Certain of the Bank’s broker-dealer subsidiaries are also subject to capital adequacy requirements. As of December 31, 2021 and 2020, the Bank and its subsidiaries complied with all applicable regulatory capital adequacy requirements. Dividend restrictions Certain of the Bank’s subsidiaries are subject to legal restrictions governing the amount of dividends they can pay (for example, pursuant to corporate law as defined by the Swiss Code of Obligations). As of December 31, 2021 and 2020, Credit Suisse AG was not subject to restrictions on its ability to pay the proposed dividends. Swiss metrics end of 2021 2020 Swiss capital (CHF million) Swiss CET1 capital 44,185 40,691 Going concern capital 1 59,110 55,648 Gone concern capital 41,316 41,857 Total loss-absorbing capacity (TLAC) 100,426 97,505 Swiss risk-weighted assets and leverage exposure (CHF million) Swiss risk-weighted assets 267,558 276,157 Leverage exposure 895,810 806,005 2 Swiss capital ratios (%) Swiss CET1 ratio 16.5 14.7 Going concern capital ratio 22.1 20.2 Gone concern capital ratio 15.4 15.2 TLAC ratio 37.5 35.3 Swiss leverage ratios (%) Swiss CET1 leverage ratio 4.9 5.0 Going concern leverage ratio 6.6 6.9 Gone concern leverage ratio 4.6 5.2 3 TLAC leverage ratio 11.2 12.1 Swiss capital ratio requirements (%) Swiss CET1 ratio requirement 10.0 10.0 Going concern capital ratio requirement 14.3 14.3 Gone concern capital ratio requirement 14.3 14.3 TLAC ratio requirement 28.6 28.6 Swiss leverage ratio requirements (%) Swiss CET1 leverage ratio requirement 3.5 3.5 Going concern leverage ratio requirement 5.0 5.0 Gone concern leverage ratio requirement 5.0 5.0 TLAC leverage ratio requirement 10.0 10.0 1 Amounts are shown on a look-through basis. Certain tier 2 instruments and their related tier 2 amortization components are subject to phase out through 2022. As of 2021 and 2020, gone concern capital was CHF 41,565 million and CHF 42,203 million, including CHF 249 million and CHF 346 million, respectively, of such instruments. 2 Excludes CHF 124,218 million of cash held at central banks, after adjusting for the dividend paid in 2020. 3 The gone concern ratio would have been 4.5%, if calculated using a leverage exposure of CHF 930,223 million, without the temporary exclusion of cash held at central banks, after adjusting for the dividend paid in 2020, of CHF 124,218 million.

Assets under management

Assets under management	12 Months Ended
	Dec. 31, 2021
Assets under management	39 Assets under management The following disclosure provides information regarding client assets, assets under management and net new assets as regulated by FINMA. Assets under management Assets under management include assets for which the Group provides investment advisory or discretionary asset management services, investment fund assets and assets invested in other investment fund-like pooled investment vehicles managed by the Group. The classification of assets under management is conditional upon the nature of the services provided by the Group and the clients’ intentions. Assets are individually assessed on the basis of each client’s intentions and objectives and the nature of the banking services provided to that client. In order to be classified as assets under management, the Group must currently or in the foreseeable future expect to provide a service where the involvement of the Group’s banking or investment expertise (e.g. as asset manager or investment advisor) is not purely executional or custodial in nature. Assets under custody are client assets held mainly for execution-related or safekeeping/custody purposes only and therefore are not considered assets under management since the Group does not generally provide asset allocation or financial advice. Assets of corporate clients and public institutions that are used primarily for cash management or transaction executional purposes for which no investment advice is provided are classified as commercial assets or assets under custody and therefore do not qualify as assets under management. For the purpose of classifying assets under management, clients with multiple accounts are assessed from an overall relationship perspective. Accounts that are clearly separate from the remainder of the client relationship and represent assets held for custody purposes only are not included as assets under management. The initial classification of the assets may not be permanent as the nature of the client relationship is reassessed on an on-going basis. If changes in client intent or activity warrant reclassification between client asset categories, the required reclassification adjustments are made immediately when the change in intent or activity occurs. Reclassifications between assets under management and assets held for transaction-related or custodial purposes result in corresponding net asset inflows or outflows. A portion of the Group’s assets under management results from double counting. Double counting arises when assets under management are subject to more than one level of asset management services. Each separate advisory or discretionary service provides additional benefits to the client and represents additional income for the Group. Specifically, double counting primarily results from the investment of assets under management in collective investment instruments managed by the Group. The extent of double counting is disclosed in the following table. Assets under management end of 2021 2020 CHF billion Assets in collective investment instruments managed by Credit Suisse 231.8 215.6 Assets with discretionary mandates 294.8 267.4 Other assets under management 1,087.4 1,028.9 Assets under management (including double counting) 1,614.0 1,511.9 of which double counting 46.2 49.1 Changes in assets under management 2021 2020 Assets under management (CHF billion) Balance at beginning of period 1 1,511.9 1,507.2 Net new assets/(net asset outflows) 30.9 42.0 Market movements, interest, dividends and foreign exchange 92.6 (14.7) of which market movements, interest and dividends 2 80.8 53.4 of which foreign exchange 11.8 (68.1) Other effects (21.4) (22.6) Balance at end of period 1,614.0 1,511.9 1 Including double counting. 2 Net of commissions and other expenses and net of interest expenses charged. Net new assets Net new assets measure the degree of success in acquiring assets under management or changes in assets under management through warranted reclassifications. The calculation is based on the direct method, taking into account individual cash payments, security deliveries and cash flows resulting from loan increases or repayments. Interest and dividend income credited to clients and commissions, interest and fees charged for banking services as well as changes in assets under management due to currency and market volatility are not taken into account when calculating net new assets, as such charges or market movements are not directly related to the Group’s success in acquiring assets under management. Similarly other effects mainly relate to asset inflows and outflows due to acquisition or divestiture, exit from businesses or markets or exits due to new regulatory requirements and are not taken into account when calculating net new assets. The Group reviews relevant policies regarding client assets on a regular basis. Divisional allocation Assets under management and net new assets for the Private Clients business in Swiss Universal Bank, International Wealth Management, Asia Pacific and the Corporate & Institutional Banking business in Swiss Universal Bank are allocated based on the management areas (business areas) that effectively manage the assets. The distribution of net new assets resulting from internal referral arrangements is governed under the net new asset referral framework, which includes preset percentages for the allocation of net new assets to the businesses. The allocation of assets under management and net new assets for Asset Management reflects the location where the investment vehicles are managed and where the costs of managing the funds are incurred.
Bank
Assets under management	38 Assets under management The following disclosure provides information regarding client assets, assets under management and net new assets as regulated by FINMA. > Refer to “Note 39 – Assets under management” in VI – Consolidated financial statements – Credit Suisse Group for further information. Assets under management end of 2021 2020 CHF billion Assets in collective investment instruments managed by Credit Suisse 228.9 210.7 Assets with discretionary mandates 294.8 267.3 Other assets under management 1,087.3 1,029.0 Assets under management (including double counting) 1,611.0 1,507.0 of which double counting 45.9 48.8 Changes in assets under management 2021 2020 Assets under management (CHF billion) Balance at beginning of period 1 1,507.0 1,500.7 Net new assets/(net asset outflows) 33.2 43.4 Market movements, interest, dividends and foreign exchange 92.4 (14.5) of which market movements, interest and dividends 2 80.7 53.2 of which foreign exchange 11.7 (67.7) Other effects (21.6) (22.6) Balance at end of period 1,611.0 1,507.0 1 Including double counting. 2 Net of commissions and other expenses and net of interest expenses charged.

Litigation

Litigation	12 Months Ended
	Dec. 31, 2021
Litigation	40 Litigation The Group is involved in a number of judicial, regulatory and arbitration proceedings concerning matters arising in connection with the conduct of its businesses, including those disclosed below. Some of these proceedings have been brought on behalf of various classes of claimants and seek damages of material and/or indeterminate amounts. The Group accrues loss contingency litigation provisions and takes a charge to income in connection with certain proceedings when losses, additional losses or ranges of loss are probable and reasonably estimable. The Group also accrues litigation provisions for the estimated fees and expenses of external lawyers and other service providers in relation to such proceedings, including in cases for which it has not accrued a loss contingency provision. The Group accrues these fee and expense litigation provisions and takes a charge to income in connection therewith when such fees and expenses are probable and reasonably estimable. The Group reviews its legal proceedings each quarter to determine the adequacy of its litigation provisions and may increase or release provisions based on management’s judgment and the advice of counsel. This review includes consideration of management’s strategy for resolution of matters through settlement or trial, as well as changes in such strategy. The establishment of additional provisions or releases of litigation provisions may be necessary in the future as developments in such proceedings warrant. The specific matters described below include (a) proceedings where the Group has accrued a loss contingency provision, given that it is probable that a loss may be incurred and such loss is reasonably estimable; and (b) proceedings where the Group has not accrued such a loss contingency provision for various reasons, including, but not limited to, the fact that any related losses are not reasonably estimable. The description of certain of the matters below includes a statement that the Group has established a loss contingency provision and discloses the amount of such provision; for the other matters no such statement is made. With respect to the matters for which no such statement is made, either (a) the Group has not established a loss contingency provision, in which case the matter is treated as a contingent liability under the applicable accounting standard, or (b) the Group has established such a provision but believes that disclosure of that fact would violate confidentiality obligations to which the Group is subject or otherwise compromise attorney-client privilege, work product protection or other protections against disclosure or compromise the Group’s management of the matter. The future outflow of funds in respect of any matter for which the Group has accrued loss contingency provisions cannot be determined with certainty based on currently available information, and accordingly may ultimately prove to be substantially greater (or may be less) than the provision that is reflected on the Group’s balance sheet. It is inherently difficult to determine whether a loss is probable or even reasonably possible or to estimate the amount of any loss or loss range for many of the Group’s legal proceedings. Estimates, by their nature, are based on judgment and currently available information and involve a variety of factors, including, but not limited to, the type and nature of the proceeding, the progress of the matter, the advice of counsel, the Group’s defenses and its experience in similar matters, as well as its assessment of matters, including settlements, involving other defendants in similar or related cases or proceedings. Factual and legal determinations, many of which are complex, must be made before a loss, additional losses or ranges of loss can be reasonably estimated for any proceeding. Most matters pending against the Group seek damages of an indeterminate amount. While certain matters specify the damages claimed, such claimed amount may not represent the Group’s reasonably possible losses. For certain of the proceedings discussed below the Group has disclosed the amount of damages claimed and certain other quantifiable information that is publicly available. The following table presents a roll forward of the Group’s aggregate litigation provisions. Litigation provisions 2021 CHF million Balance at beginning of period 1,660 Increase in litigation accruals 1,541 Decrease in litigation accruals (68) Decrease for settlements and other cash payments (1,630) Foreign exchange translation 36 Balance at end of period 1,539 The Group’s aggregate litigation provisions include estimates of losses, additional losses or ranges of loss for proceedings for which such losses are probable and can be reasonably estimated. The Group does not believe that it can estimate an aggregate range of reasonably possible losses for certain of its proceedings because of their complexity, the novelty of some of the claims, the early stage of the proceedings, the limited amount of discovery that has occurred and/or other factors. The Group’s estimate of the aggregate range of reasonably possible losses that are not covered by existing provisions for the proceedings discussed below for which the Group believes an estimate is possible is zero to CHF 1.5 billion. After taking into account its litigation provisions, the Group believes, based on currently available information and advice of counsel, that the results of its legal proceedings, in the aggregate, will not have a material adverse effect on the Group’s financial condition. However, in light of the inherent uncertainties of such proceedings, including those brought by regulators or other governmental authorities, the ultimate cost to the Group of resolving such proceedings may exceed current litigation provisions and any excess may be material to its operating results for any particular period, depending, in part, upon the operating results for such period. Mortgage-related matters Government and regulatory related matters Various financial institutions, including Credit Suisse Securities (USA) LLC (CSS LLC) and certain of its affiliates, have received requests for information from, and/or have been defending civil actions by, certain regulators and/or government entities, including the US Department of Justice (DOJ) and other members of the Residential Mortgage-Backed Securities (RMBS) Working Group of the US Financial Fraud Enforcement Task Force, regarding the origination, purchase, securitization, servicing and trading of subprime and non-subprime residential and commercial mortgages and related issues. CSS LLC and its affiliates are cooperating with such requests for information. DOJ RMBS settlement As previously disclosed, on January 18, 2017, CSS LLC and its current and former US subsidiaries and US affiliates reached a settlement with the DOJ related to its legacy RMBS business, a business conducted through 2007. The settlement resolved potential civil claims by the DOJ related to certain of those Credit Suisse entities’ packaging, marketing, structuring, arrangement, underwriting, issuance and sale of RMBS. Pursuant to the terms of the settlement a civil monetary penalty was paid to the DOJ in January 2017. The settlement also required the above-mentioned entities to provide certain levels of consumer relief measures, including affordable housing payments and loan forgiveness, and the DOJ and Credit Suisse agreed to the appointment of an independent monitor to oversee the completion of the consumer relief requirements of the settlement. Credit Suisse currently anticipates that it will take much longer than the five-year period provided in the settlement to satisfy in full its obligations in respect of these consumer relief measures and that it may only complete them by 2026 or later, subject to market conditions and the Group’s risk appetite. In light of Credit Suisse’s current plans as to how it will satisfy these obligations, Credit Suisse expects to incur additional costs beyond those previously anticipated in relation to satisfying those obligations. The amount of consumer relief Credit Suisse must provide also increases after 2021 pursuant to the original settlement by 5% NJAG litigation On December 18, 2013, the New Jersey Attorney General (NJAG), on behalf of the State of New Jersey, filed a civil action in the Superior Court of New Jersey, Chancery Division, Mercer County (SCNJ), against CSS LLC and affiliated entities in their roles as issuer, sponsor, depositor and/or underwriter of RMBS transactions prior to 2008. The original complaint, which referenced 13 RMBS issued, sponsored, deposited and underwritten by CSS LLC and its affiliates in 2006 and 2007, alleges that CSS LLC and its affiliates misled investors and engaged in fraud or deceit in connection with the offer and sale of RMBS, and seeks an unspecified amount of damages. On August 21, 2014, the SCNJ dismissed without prejudice the action brought against CSS LLC and its affiliates by the NJAG. On September 4, 2014, the NJAG filed an amended complaint against CSS LLC and its affiliates, asserting additional allegations but not expanding the number of claims or RMBS referenced in the original complaint. On August 21, 2019, the NJAG filed a motion for partial summary judgment. On November 18, 2019, CSS LLC and its affiliates filed a cross-motion for partial summary judgment. On June 17, 2021, the SCNJ entered orders granting the motion for partial summary judgment filed by the NJAG and denying the cross-motion for partial summary judgment filed by CSS LLC and its affiliates. On September 8, 2021, the SCNJ scheduled trial in the action to begin in September 2022. Civil litigation CSS LLC and/or certain of its affiliates have also been named as defendants in various civil litigation matters related to their roles as issuer, sponsor, depositor, underwriter and/or servicer of RMBS transactions. These cases include or have included class action lawsuits, actions by individual investors in RMBS, actions by monoline insurance companies that guaranteed payments of principal and interest for certain RMBS, and repurchase actions by RMBS trusts, trustees and/or investors. Although the allegations vary by lawsuit, plaintiffs in the class actions and individual investor actions generally allege that the offering documents of securities issued by various RMBS securitization trusts contained material misrepresentations and omissions, including statements regarding the underwriting standards pursuant to which the underlying mortgage loans were issued; monoline insurers generally allege that loans that collateralize RMBS they insured breached representations and warranties made with respect to the loans at the time of securitization and that they were fraudulently induced to enter into the transactions; and repurchase action plaintiffs generally allege breached representations and warranties in respect of mortgage loans and failure to repurchase such mortgage loans as required under the applicable agreements. The amounts disclosed below do not reflect actual realized plaintiff losses to date or anticipated future litigation exposure. Rather, unless otherwise stated, these amounts reflect the original unpaid principal balance amounts as alleged in these actions and do not include any reduction in principal amounts since issuance. Further, unless otherwise stated, amounts attributable to an “operative pleading” for the individual investor actions are not altered for settlements, dismissals or other occurrences, if any, that may have caused the amounts to change subsequent to the operative pleading. In addition to the mortgage-related actions discussed below, a number of other entities have threatened to assert claims against CSS LLC and/or its affiliates in connection with various RMBS issuances. Individual investor actions CSS LLC as an RMBS issuer, underwriter and/or other participant, along with other defendants, has been named as a defendant in: an action brought by the Federal Deposit Insurance Corporation (FDIC), as receiver for Colonial Bank, in the US District Court for the Southern District of New York (SDNY), in which claims against CSS LLC relate to approximately USD 92 million of the RMBS at issue (approximately 23% CSS LLC and certain of its affiliates are the only defendants named in an action brought by IKB Deutsche Industriebank AG and affiliated entities in the Supreme Court for the State of New York, New York County (SCNY), in which claims against CSS LLC and its affiliates relate to approximately USD 97 million of RMBS at issue; this action is at an intermediate procedural stage. In early March 2022, in an action brought by the FDIC, as receiver for Citizens National Bank and Strategic Capital Bank, in the SDNY, in which claims related to approximately USD 28 million of RMBS at issue, the parties executed an agreement to settle and dismiss all claims against CSS LLC and its affiliates. Monoline insurer disputes CSS LLC and certain of its affiliates were defendants in one monoline insurer action in the SCNY, commenced by MBIA Insurance Corp. (MBIA) as guarantor for payments of principal and interest related to approximately USD 770 million of RMBS issued in an offering sponsored by the Credit Suisse defendants. One theory of liability advanced by MBIA was that an affiliate of CSS LLC must repurchase certain mortgage loans from the trusts at issue. MBIA claimed that the vast majority of the underlying mortgage loans breach certain representations and warranties, and that the affiliate has failed to repurchase the allegedly defective loans. MBIA submitted repurchase demands for loans with an original principal balance of approximately USD 549 million. On August 2, 2019, the SCNY concluded a two-week bench trial. On November 30, 2020, the SCNY issued a post-trial order determining liability, and on January 25, 2021 entered an order setting damages in the amount of USD 604 million. On February 11, 2021, following a settlement in the amount of USD 600 million, for which Credit Suisse was fully reserved, the SCNY dismissed with prejudice all claims against CSS LLC and its affiliates. Repurchase litigations DLJ Mortgage Capital, Inc. (DLJ) is a defendant in: (i) one action brought by Asset Backed Securities Corporation Home Equity Loan Trust, Series 2006-HE7, in which plaintiff alleges damages of not less than USD 374 million, increased from not less than USD 341 million, in an amended complaint filed on August 19, 2019, which action is proceeding in the SCNY following the resolution of a previously pending appeal; on January 13, 2020, DLJ filed a motion to dismiss; (ii) one action brought by Home Equity Asset Trust, Series 2006-8, in which plaintiff alleges damages of not less than USD 436 million; (iii) one action brought by Home Equity Asset Trust 2007-1, in which plaintiff alleges damages of not less than USD 420 million; on December 27, 2018, the SCNY denied DLJ’s motion for partial summary judgment in this action, and the Appellate Division First Department of the SCNY (First Department) affirmed the SCNY’s summary judgment order on October 10, 2019; on January 30, 2020, DLJ obtained leave to further appeal to the New York State Court of Appeals; on May 6, 2021, following oral argument, the New York State Court of Appeals ordered re-argument of the appeal, which took place on February 8, 2022; on June 1, 2021, the SCNY postponed the commencement of the trial that had been scheduled to begin on October 11, 2021 until May 31, 2022; the commencement of the trial remains subject to the final resolution of DLJ’s summary judgment appeal; (iv) one action brought by Home Equity Asset Trust 2007-2, in which plaintiff alleges damages of not less than USD 495 million; and (v) one action brought by CSMC Asset-Backed Trust 2007-NC1, in which no damages amount is alleged. These actions are brought in the SCNY and are at various procedural stages. DLJ is also a defendant in one action brought by Home Equity Asset Trust Series 2007-3, in which plaintiff alleges damages of not less than USD 206 million. On March 5, 2022, the parties executed an agreement to settle this action. The settlement remains subject to approval through a trust instruction proceeding to be brought in Minnesota state court by the trustee of the plaintiff trust. DLJ and its affiliate, Select Portfolio Servicing, Inc. (SPS), are defendants in two actions that have been consolidated for certain procedural purposes, including trial, in the SCNY: one action brought by Home Equity Mortgage Trust Series 2006-1, Home Equity Mortgage Trust Series 2006-3 and Home Equity Mortgage Trust Series 2006-4, in which plaintiffs allege damages of not less than USD 730 million, and allege that SPS obstructed the investigation into the full extent of the defects in the mortgage pools by refusing to afford the trustee reasonable access to certain origination files; and one action brought by Home Equity Mortgage Trust Series 2006-5, in which plaintiff alleges damages of not less than USD 500 million, and alleges that SPS likely discovered DLJ’s alleged breaches of representations and warranties but did not notify the trustee of such breaches, in alleged violation of its contractual obligations. On January 10, 2019, the SCNY denied DLJ’s motion for partial summary judgment in these actions, and the First Department affirmed the SCNY’s summary judgment order on September 17, 2019. On December 12, 2019, DLJ obtained leave to further appeal to the New York State Court of Appeals. On April 19, 2021, the parties executed an agreement to settle both actions for the aggregate amount of USD 500 million, for which Credit Suisse was fully reserved. The settlement remains subject to approval through a trust instruction proceeding to be brought in Minnesota state court by the trustee of the plaintiff trusts. Pursuant to the settlement, on April 23, 2021, DLJ’s appeal to the New York State Court of Appeals from the denial of its partial summary judgment motion in these actions was withdrawn. On June 4, 2021, the SCNY vacated the trial in these actions that had been scheduled to begin on January 10, 2022. As disclosed in Credit Suisse’s fourth quarter Financial Report of 2013, the following repurchase actions were dismissed with prejudice in 2013: the three consolidated actions brought by Home Equity Asset Trust 2006-5, Home Equity Asset Trust 2006-6 and Home Equity Asset Trust 2006-7 against DLJ. Those dismissals were upheld by the New York State Court of Appeals on February 19, 2019. On July 8, 2019, the notice of appeal plaintiffs filed before the First Department from the SCNY’s April 2017 denial of plaintiffs’ request that its 2013 dismissal decision be modified to allow plaintiffs to assert new claims not previously included in plaintiffs’ consolidated complaint was deemed dismissed when plaintiffs declined to further pursue their appeal by a court-ordered deadline. On August 15, 2019, the trustees for Home Equity Asset Trust 2006-5, Home Equity Asset Trust 2006-6 and Home Equity Asset Trust 2006-7 commenced a new repurchase action against DLJ in the SCNY, in which plaintiffs alleged damages of not less than USD 936 million, asserting substantially similar claims against DLJ as those alleged in the three consolidated repurchase actions that were dismissed with prejudice in 2013. On September 20, 2019, DLJ filed a motion to dismiss and on November 25, 2019, the SCNY entered an order dismissing this new action with prejudice. On December 20, 2019, the plaintiffs filed a notice of appeal to the First Department. Bank loan litigation CSS LLC and certain of its affiliates are the subject of certain litigation relating to certain real estate developments including Yellowstone Club and Lake Las Vegas as well as other similar real estate developments. Credit Suisse defendants in these matters arranged, and acted as the agent bank for, syndicated loans provided to borrowers affiliated with such real estate developments, and who have since gone through bankruptcy or foreclosure. Such litigation includes two cases brought in Texas and New York state courts by entities related to Highland Capital Management LP (Highland). In the case in Texas state court, a jury trial was held in December 2014 on Highland’s claim for fraudulent inducement by affirmative misrepresentation and omission. A verdict was issued for the plaintiff on its claim for fraudulent inducement by affirmative misrepresentation, but the jury rejected its claim that CSS LLC and an affiliate had committed fraudulent inducement by omission. The Texas judge held a bench trial on Highland’s remaining claims in May and June 2015, and entered judgment in the amount of USD 287 million (including prejudgment interest) for the plaintiff on September 4, 2015. Both parties appealed and on February 21, 2018 the appeals court affirmed the lower court’s decision. On July 18, 2018, the defendants filed a request for review by the Texas Supreme Court. On April 24, 2020, the Texas Supreme Court issued a ruling reversing a portion of the trial court’s September 4, 2015 judgment related to the bench trial held in May and June 2015, thereby dismissing plaintiff’s breach of contract, breach of the implied duty of good faith and fair dealing, aiding and abetting fraud, and civil conspiracy claims, including damages of approximately USD 212 million, exclusive of interest, but left standing the separate December 2014 jury verdict for plaintiff on its claims for fraudulent inducement by affirmative misrepresentation. On June 10, 2020, Highland filed a motion for rehearing in the Texas Supreme Court, which the court denied on October 2, 2020. The Texas Supreme Court subsequently remanded the case back to the trial court for further proceedings related to the calculation of damages and interest. On June 25, 2021, the trial court entered a new judgment, which awarded plaintiff a total of approximately USD 121 million. CSS LLC and its affiliates filed a notice of appeal from the judgment on July 23, 2021. In the case in New York state court, the court granted in part and denied in part CSS LLC and certain of its affiliates’ summary judgment motion. Both parties appealed that decision, but the appellate court affirmed the decision in full. The case is currently in discovery. Tax and securities law matters On May 19, 2014, Credit Suisse AG entered into settlement agreements with several US regulators regarding its US cross-border matters. As part of the agreements, Credit Suisse AG, among other things, engaged an independent corporate monitor that reports to the New York State Department of Financial Services. As of July 31, 2018, the monitor concluded both his review and his assignment. Credit Suisse AG continues to report to and cooperate with US authorities in accordance with Credit Suisse AG’s obligations under the agreements. Rates-related matters Regulatory matters Regulatory authorities in a number of jurisdictions, including the US, UK, EU and Switzerland, have for an extended period of time been conducting investigations into the setting of LIBOR and other reference rates with respect to a number of currencies, as well as the pricing of certain related derivatives. These ongoing investigations have included information requests from regulators regarding LIBOR-setting practices and reviews of the activities of various financial institutions, including Credit Suisse Group AG, which is a member of three LIBOR rate-setting panels (US Dollar LIBOR, Swiss Franc LIBOR and Euro LIBOR). Credit Suisse is cooperating fully with these investigations. In particular, it has been reported that regulators are investigating whether financial institutions engaged in an effort to manipulate LIBOR, either individually or in concert with other institutions, in order to improve market perception of these institutions’ financial health and/or to increase the value of their proprietary trading positions. In response to regulatory inquiries, Credit Suisse commissioned a review of these issues. To date, Credit Suisse has seen no evidence to suggest that it is likely to have any material exposure in connection with these issues. Regulatory authorities in a number of jurisdictions, including the Swiss Competition Commission (COMCO), the European Commission (Commission), the South African Competition Commission, and the Brazilian Competition Authority have been conducting investigations into the trading activities, information sharing and the setting of benchmark rates in the foreign exchange (including electronic trading) markets. On March 31, 2014, COMCO announced its formal investigation of numerous Swiss and international financial institutions, including Credit Suisse Group AG, in relation to the setting of exchange rates in foreign exchange trading. Credit Suisse continues to cooperate with this ongoing investigation. Credit Suisse Group AG, Credit Suisse AG, and Credit Suisse Securities (Europe) Limited received a Statement of Objections and a Supplemental Statement of Objections from the Commission on July 26, 2018 and March 19, 2021, respectively, which allege that Credit Suisse entities engaged in anticompetitive practices in connection with their foreign exchange trading business. On December 6, 2021, the Commission issued a formal decision imposing a fine of EUR 83.3 million. On February 15, 2022, Credit Suisse appealed this decision to the EU General Court. The reference rates investigations have also included information requests from regulators concerning supranational, sub-sovereign and agency (SSA) bonds and commodities markets. Credit Suisse is cooperating fully with these investigations. On December 20, 2018, Credit Suisse Group AG and Credit Suisse Securities (Europe) Limited received a Statement of Objections from the Commission, alleging that Credit Suisse entities engaged in anticompetitive practices in connection with their SSA bonds trading business. On April 28, 2021, the Commission issued a formal decision imposing a fine of EUR 11.9 million. On July 8, 2021, Credit Suisse appealed this decision to the EU General Court. The investigations are ongoing and it is too soon to predict the final outcome of the investigations. Civil litigation USD LIBOR litigation Beginning in 2011, certain Credit Suisse entities were named in various putative class and individual lawsuits filed in the US, alleging banks on the US dollar LIBOR panel manipulated US dollar LIBOR to benefit their reputation and increase profits. All remaining matters have been consolidated for pre-trial purposes into a multi-district litigation in the SDNY. The majority of the actions have been stayed since their outset, while a handful of individual actions and putative class actions have been proceeding. In a series of rulings between 2013 and 2019 on motions to dismiss, the SDNY (i) narrowed the claims against the Credit Suisse entities and the other defendants (dismissing antitrust, Racketeer Influenced and Corrupt Organizations Act (RICO), Commodity Exchange Act, and state law claims), (ii) narrowed the set of plaintiffs who may bring claims, and (iii) narrowed the set of defendants in the LIBOR actions (including the dismissal of several Credit Suisse entities from various cases on personal jurisdiction and statute of limitation grounds). In 2017, a number of putative class and individual plaintiffs appealed the dismissal of plaintiffs’ antitrust claims to the United States Court of Appeals for the Second Circuit (Second Circuit). On December 30, 2021, the Second Circuit affirmed in part and reversed in part the district court’s decision and remanded the case to district court. On September 21, 2021, in the non-stayed putative class action brought in the multi-district litigation in the SDNY by holders of bonds tied to LIBOR, the parties entered into an agreement to settle all claims. The settlement remains subject to court approval. Separately, on February 4, 2022, three actions brought by individual plaintiffs were dismissed against Credit Suisse. On June 23, 2020, the plaintiffs in the non-stayed putative class action brought on behalf of those who lent at rates tied to LIBOR appealed the dismissal of their claims to the Second Circuit, challenging the district court’s personal jurisdiction and statute of limitations rulings. On November 17, 2021, the parties entered into an agreement to settle all claims. The settlement remains subject to court approval. Separately, on May 4, 2017, the plaintiffs in three non-stayed putative class actions moved for class certification. On February 28, 2018, the SDNY denied certification in two of the actions and granted certification over a single antitrust claim in an action brought by over-the-counter purchasers of LIBOR-linked derivatives. In the same decision, the court dismissed Credit Suisse AG, the only remaining Credit Suisse entity in the action, from the over-the-counter action. All parties moved for immediate appellate review of the class-certification decisions, and the Second Circuit denied their petitions for review. USD ICE LIBOR litigation In January 2019, members of the US dollar Intercontinental Exchange (ICE) LIBOR panel, including Credit Suisse Group AG and certain of its affiliates, were named in three civil putative class action lawsuits alleging that panel banks suppressed US dollar ICE LIBOR to benefit defendants’ trading positions. These actions have been consolidated in the SDNY. On July 1, 2019, plaintiffs filed a consolidated complaint. On August 30, 2019, defendants filed a motion to dismiss. On March 26, 2020, the SDNY granted defendants’ motion to dismiss. On April 24, 2020, plaintiffs filed a notice of appeal. On February 14, 2022, the Second Circuit dismissed the appeal. On August 18, 2020, members of the ICE LIBOR panel, including Credit Suisse Group AG and certain of its affiliates, were named in a civil action in the US District Court for the Northern District of California, alleging that panel banks manipulated ICE LIBOR to profit from variable interest loans and credit cards. On November 10, 2020, plaintiffs filed a motion for preliminary and permanent injunction that seeks to enjoin the panel banks from continuing to set LIBOR or that would automatically set the benchmark to zero every day. The motion was denied on December 23, 2021. On November 11, 2020, defendants filed a motion to transfer the case to the SDNY. On June 3, 2021, the court denied defendants’ motion to transfer the case to the SDNY. On September 30, 2021, defendants filed motions to dismiss. CHF LIBOR litigation In February 2015, various banks that served on the Swiss franc LIBOR panel, including Credit Suisse Group AG, were named in a civil putative class action lawsuit filed in the SDNY, alleging manipulation of Swiss franc LIBOR to benefit defendants’ trading positions. On September 25, 2017, the SDNY granted defendants’ motion to dismiss all claims, but permitted the plaintiffs to file an amended complaint. Defendants filed motions to dismiss the amended complaint on February 7, 2018. On September 16, 2019, the SDNY granted defendants’ motions to dismiss, finding that the court lacked subject matter jurisdiction over the case. On October 16, 2019, plaintiffs filed a notice of appeal. On September 21, 2021, the Second Circuit granted the parties’ joint motion to remand the case to the SDNY. SIBOR/SOR litigation In July 2016, various banks that served on the Singapore Interbank Offered Rate (SIBOR) and Singapore Swap Offer Rate (SOR) panels, including Credit Suisse Group AG and affiliates, were named in a civil putative class action lawsuit filed in the SDNY, alleging manipulation of SIBOR and SOR to benefit defendants’ trading positions. On August 18, 2017, the SDNY dismissed all claims against Credit Suisse Group AG and affiliates (and various other defendants) but granted the plaintiffs leave to amend their complaint. On October 4, 2018, the SDNY granted in part and denied in part defendants’ motion to dismiss plaintiffs’ second amended complaint, dismissing all but one plaintiff from the action. On October 25, 2018, the remaining plaintiff filed a third amended complaint. The remaining defendants moved to dismiss on November 15, 2018. On July 26, 2019, the SDNY granted defendants’ motion to dismiss and denied plaintiff’s motion for leave to amend, holding that the court lacked subject matter jurisdiction over the action. On August 26, 2019, plaintiff filed a notice of appeal. On March 17, 2021, the Second Circuit vacated the judgment from the SDNY dismissing the case for lack of su
Bank
Litigation	39 Litigation > Refer to “Note 40 – Litigation” in VI – Consolidated financial statements – Credit Suisse Group for further information.

Significant subsidiaries and eq

Significant subsidiaries and equity method investments	12 Months Ended
	Dec. 31, 2021
Significant subsidiaries and equity method investments	41 Significant subsidiaries and equity method investments The entities presented in the table below generally include subsidiaries with total assets over CHF 100 million or net income attributable to shareholders over CHF 10 million. Also included are entities which are deemed regionally significant or otherwise relevant from an operational perspective. The Group and the Bank have issued full, unconditional and several guarantees of Credit Suisse (USA), Inc.’s outstanding SEC-registered debt securities, which as of December 31, 2021 consisted of a single outstanding issuance with a balance of USD 742 million maturing in July 2032. Significant subsidiaries Nominal Equity End of 2021 Credit Suisse Group AG Credit Suisse AG Zurich, Switzerland CHF 4,399.7 100 Credit Suisse Insurance Linked Strategies Ltd Zurich, Switzerland CHF 0.2 100 Credit Suisse (Poland) SP. z o.o Warsaw, Poland PLN 20.0 100 Credit Suisse Services AG Zurich, Switzerland CHF 1.0 100 Credit Suisse Trust AG Zurich, Switzerland CHF 5.0 100 Credit Suisse Trust Holdings Limited St. Peter Port, Guernsey GBP 7.0 100 CS LP Holding AG Zug, Switzerland CHF 0.1 100 Inreska Limited St. Peter Port, Guernsey GBP 3.0 100 Savoy Hotel Baur en Ville AG Zurich, Switzerland CHF 7.5 88 Credit Suisse AG Alpine Securitization LTD George Town, Cayman Islands USD 80.5 100 Banco Credit Suisse (Brasil) S.A. São Paulo, Brazil BRL 53.6 100 Banco Credit Suisse (Mexico), S.A. Mexico City, Mexico MXN 3,591.7 100 Banco de Investimentos Credit Suisse (Brasil) S.A. São Paulo, Brazil BRL 164.8 100 Bank-now AG Horgen, Switzerland CHF 30.0 100 Boston Re Ltd. Hamilton, Bermuda USD 2.0 100 Casa de Bolsa Credit Suisse (Mexico), S.A. de C.V. Mexico City, Mexico MXN 274.0 100 Column Financial, Inc. Wilmington, United States USD 0.0 100 Credit Suisse (Australia) Limited Sydney, Australia AUD 34.1 100 Credit Suisse (Brasil) S.A. Corretora de Titulos e Valores Mobiliarios São Paulo, Brazil BRL 98.4 100 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 (Qatar) LLC Doha, Qatar USD 29.0 100 Credit Suisse (Schweiz) AG Zurich, Switzerland CHF 100.0 100 Credit Suisse (Singapore) Limited Singapore, Singapore SGD 743.3 100 Credit Suisse (UK) Limited London, United Kingdom GBP 245.2 100 Credit Suisse (USA), Inc. Wilmington, United States USD 0.0 100 Credit Suisse Asset Management (Schweiz) AG Zurich, Switzerland CHF 0.2 100 Credit Suisse Asset Management (UK) Holding Limited London, United Kingdom GBP 144.2 100 Credit Suisse Asset Management International Holding Ltd Zurich, Switzerland CHF 20.0 100 Credit Suisse Asset Management Investments Ltd Zurich, Switzerland CHF 0.1 100 Credit Suisse Asset Management Limited London, United Kingdom GBP 45.0 100 Credit Suisse Asset Management Real Estate GmbH Frankfurt, Germany EUR 6.1 100 Credit Suisse Asset Management, LLC Wilmington, United States USD 1,115.9 100 Credit Suisse Atlas I Investments (Luxembourg) S.à.r.l. Luxembourg, Luxembourg USD 0.0 100 Credit Suisse Bank (Europe), S.A. Spain, Madrid EUR 18.0 100 Credit Suisse Brazil (Bahamas) Limited Nassau, Bahamas USD 70.0 100 Credit Suisse Business Analytics (India) Private Limited Mumbai, India INR 40.0 100 Credit Suisse Capital LLC Wilmington, United States USD 1,702.3 100 Credit Suisse Entrepreneur Capital AG Zurich, Switzerland CHF 15.0 100 Credit Suisse Equities (Australia) Limited Sydney, Australia AUD 62.5 100 Credit Suisse Finance (India) Private Limited Mumbai, India INR 1,050.1 100 Credit Suisse First Boston (Latam Holdings) LLC George Town, Cayman Islands USD 28.8 100 Credit Suisse First Boston Finance B.V. Amsterdam, The Netherlands EUR 0.0 100 Significant subsidiaries (continued) Nominal Equity Credit Suisse First Boston Mortgage Capital LLC Wilmington, United States USD 206.6 100 Credit Suisse First Boston Next Fund, Inc. Wilmington, United States USD 0.0 100 Credit Suisse Fund Management S.A. Luxembourg, Luxembourg CHF 0.3 100 Credit Suisse Fund Services (Luxembourg) S.A. Luxembourg, Luxembourg CHF 1.5 100 Credit Suisse Funds AG Zurich, Switzerland CHF 7.0 100 Credit Suisse Hedging-Griffo Corretora de Valores S.A. São Paulo, Brazil BRL 29.6 100 Credit Suisse Holding Europe (Luxembourg) S.A. Luxembourg, Luxembourg CHF 32.6 100 Credit Suisse Holdings (Australia) Limited Sydney, Australia AUD 3.0 100 Credit Suisse Holdings (USA), Inc. Wilmington, United States USD 550.0 100 Credit Suisse International London, United Kingdom USD 11,366.2 100 1 Credit Suisse Istanbul Menkul Degerler A.S. Istanbul, Turkey TRY 10.0 100 Credit Suisse Life (Bermuda) Ltd. Hamilton, Bermuda USD 0.5 100 Credit Suisse Loan Funding LLC Wilmington, United States USD 1.7 100 Credit Suisse Management LLC Wilmington, United States USD 891.4 100 Credit Suisse Prime Securities Services (USA) LLC Wilmington, United States USD 3.3 100 Credit Suisse Saudi Arabia Riyadh, Saudi Arabia SAR 737.5 100 Credit Suisse Securities (Canada), Inc. Toronto, Canada CAD 3.4 100 Credit Suisse Securities (Europe) Limited London, United Kingdom USD 3,859.3 100 Credit Suisse Securities (Hong Kong) Limited Hong Kong, China HKD 2,080.9 100 Credit Suisse Securities (India) Private Limited Mumbai, India INR 2,214.7 100 Credit Suisse Securities (Japan) Limited Tokyo, Japan JPY 78,100.0 100 Credit Suisse Securities (Johannesburg) Proprietary Limited - in liquidation Johannesburg, South Africa ZAR 0.0 100 Credit Suisse Securities (Malaysia) Sdn. Bhd. Kuala Lumpur, Malaysia MYR 100.0 100 Credit Suisse Securities (Singapore) Pte. Limited Singapore, Singapore SGD 30.0 100 Credit Suisse Securities (Thailand) Limited Bangkok, Thailand THB 500.0 100 Credit Suisse Securities (USA) LLC Wilmington, United States USD 2,200.7 100 Credit Suisse Services (India) Private Limited Pune, India INR 0.1 100 Credit Suisse Services (USA) LLC Wilmington, United States USD 15.4 100 CS Non-Traditional Products Ltd. Nassau, Bahamas USD 0.1 100 CSSEL Guernsey Bare Trust St. Peter Port, Guernsey USD 0.0 100 DLJ Mortgage Capital, Inc. Wilmington, United States USD 0.0 100 Fides Treasury Services AG Zurich, Switzerland CHF 2.0 100 JSC "Bank Credit Suisse (Moscow)" Moscow, Russia RUB 460.0 100 Lime Residential, Ltd. Nassau, Bahamas USD 0.0 100 LLC "Credit Suisse Securities (Moscow)" Moscow, Russia RUB 727.0 100 Merban Equity AG Zug, Switzerland CHF 0.1 100 Select Portfolio Servicing, Inc. Utah, United States USD 0.0 100 Solar Investco II Ltd. George Town, Cayman Islands USD 0.0 100 SP Holding Enterprises Corp. Wilmington, United States USD 0.0 100 SR Lease Co VI Ltd. Cayman Islands USD 0.0 100 PT Credit Suisse Sekuritas Indonesia Jakarta, Indonesia IDR 235,000.0 99 Credit Suisse Hypotheken AG Zurich, Switzerland CHF 0.1 98 Credit Suisse Securities (China) Limited Beijing, China CNY 1,089.0 51 1 98% of voting rights and 98% of equity interest held by Credit Suisse AG. Significant equity method investments Equity Credit Suisse Group AG Credit Suisse Group Funding (Guernsey) Limited St. Peter Port, Guernsey 100 1 Credit Suisse AG Swisscard AECS GmbH Horgen, Switzerland 50 Stockbrokers Holdings Pty Ltd. Melbourne, Australia 23 ICBC Credit Suisse Asset Management Co., Ltd. Beijing, China 20 York Capital Management Global Advisors, LLC New York, United States 5 2 Holding Verde Empreendimentos e Participações S.A. São Paulo, Brazil 0 2 1 Deconsolidated under US GAAP as the Group is not the primary beneficiary. 2 The Group holds a significant noncontrolling interest.
Bank
Significant subsidiaries and equity method investments	40 Significant subsidiaries and equity method investments The entities presented in the table below generally include subsidiaries with total assets over CHF 100 million or net income attributable to shareholders over CHF 10 million. Also included are entities which are deemed regionally significant or otherwise relevant from an operational perspective. Significant subsidiaries Nominal Equity End of 2021 Credit Suisse AG Alpine Securitization LTD George Town, Cayman Islands USD 80.5 100 Banco Credit Suisse (Brasil) S.A. São Paulo, Brazil BRL 53.6 100 Banco Credit Suisse (Mexico), S.A. Mexico City, Mexico MXN 3,591.7 100 Banco de Investimentos Credit Suisse (Brasil) S.A. São Paulo, Brazil BRL 164.8 100 Bank-now AG Horgen, Switzerland CHF 30.0 100 Boston Re Ltd. Hamilton, Bermuda USD 2.0 100 Casa de Bolsa Credit Suisse (Mexico), S.A. de C.V. Mexico City, Mexico MXN 274.0 100 Column Financial, Inc. Wilmington, United States USD 0.0 100 Credit Suisse (Australia) Limited Sydney, Australia AUD 34.1 100 Credit Suisse (Brasil) S.A. Corretora de Titulos e Valores Mobiliarios São Paulo, Brazil BRL 98.4 100 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 (Qatar) LLC Doha, Qatar USD 29.0 100 Credit Suisse (Schweiz) AG Zurich, Switzerland CHF 100.0 100 Credit Suisse (Singapore) Limited Singapore, Singapore SGD 743.3 100 Credit Suisse (UK) Limited London, United Kingdom GBP 245.2 100 Credit Suisse (USA), Inc. Wilmington, United States USD 0.0 100 Credit Suisse Asset Management (Schweiz) AG Zurich, Switzerland CHF 0.2 100 Credit Suisse Asset Management (UK) Holding Limited London, United Kingdom GBP 144.2 100 Credit Suisse Asset Management International Holding Ltd Zurich, Switzerland CHF 20.0 100 Credit Suisse Asset Management Investments Ltd Zurich, Switzerland CHF 0.1 100 Credit Suisse Asset Management Limited London, United Kingdom GBP 45.0 100 Credit Suisse Asset Management Real Estate GmbH Frankfurt, Germany EUR 6.1 100 Credit Suisse Asset Management, LLC Wilmington, United States USD 1,115.9 100 Credit Suisse Atlas I Investments (Luxembourg) S.à.r.l. Luxembourg, Luxembourg USD 0.0 100 Credit Suisse Bank (Europe), S.A. Spain, Madrid EUR 18.0 100 Credit Suisse Brazil (Bahamas) Limited Nassau, Bahamas USD 70.0 100 Credit Suisse Business Analytics (India) Private Limited Mumbai, India INR 40.0 100 Credit Suisse Capital LLC Wilmington, United States USD 1,702.3 100 Credit Suisse Entrepreneur Capital AG Zurich, Switzerland CHF 15.0 100 Credit Suisse Equities (Australia) Limited Sydney, Australia AUD 62.5 100 Credit Suisse Finance (India) Private Limited Mumbai, India INR 1,050.1 100 Credit Suisse First Boston (Latam Holdings) LLC George Town, Cayman Islands USD 28.8 100 Credit Suisse First Boston Finance B.V. Amsterdam, The Netherlands EUR 0.0 100 Credit Suisse First Boston Mortgage Capital LLC Wilmington, United States USD 206.6 100 Credit Suisse First Boston Next Fund, Inc. Wilmington, United States USD 0.0 100 Credit Suisse Fund Management S.A. Luxembourg, Luxembourg CHF 0.3 100 Significant subsidiaries (continued) Nominal Equity Credit Suisse Fund Services (Luxembourg) S.A. Luxembourg, Luxembourg CHF 1.5 100 Credit Suisse Funds AG Zurich, Switzerland CHF 7.0 100 Credit Suisse Hedging-Griffo Corretora de Valores S.A. São Paulo, Brazil BRL 29.6 100 Credit Suisse Holding Europe (Luxembourg) S.A. Luxembourg, Luxembourg CHF 32.6 100 Credit Suisse Holdings (Australia) Limited Sydney, Australia AUD 3.0 100 Credit Suisse Holdings (USA), Inc. Wilmington, United States USD 550.0 100 Credit Suisse Istanbul Menkul Degerler A.S. Istanbul, Turkey TRY 10.0 100 Credit Suisse Life (Bermuda) Ltd. Hamilton, Bermuda USD 0.5 100 Credit Suisse Loan Funding LLC Wilmington, United States USD 1.7 100 Credit Suisse Management LLC Wilmington, United States USD 891.4 100 Credit Suisse Prime Securities Services (USA) LLC Wilmington, United States USD 3.3 100 Credit Suisse Saudi Arabia Riyadh, Saudi Arabia SAR 737.5 100 Credit Suisse Securities (Canada), Inc. Toronto, Canada CAD 3.4 100 Credit Suisse Securities (Europe) Limited London, United Kingdom USD 3,859.3 100 Credit Suisse Securities (Hong Kong) Limited Hong Kong, China HKD 2,080.9 100 Credit Suisse Securities (India) Private Limited Mumbai, India INR 2,214.7 100 Credit Suisse Securities (Japan) Limited Tokyo, Japan JPY 78,100.0 100 Credit Suisse Securities (Johannesburg) Proprietary Limited - in liquidation Johannesburg, South Africa ZAR 0.0 100 Credit Suisse Securities (Malaysia) Sdn. Bhd. Kuala Lumpur, Malaysia MYR 100.0 100 Credit Suisse Securities (Singapore) Pte. Limited Singapore, Singapore SGD 30.0 100 Credit Suisse Securities (Thailand) Limited Bangkok, Thailand THB 500.0 100 Credit Suisse Securities (USA) LLC Wilmington, United States USD 2,200.7 100 Credit Suisse Services (India) Private Limited Pune, India INR 0.1 100 Credit Suisse Services (USA) LLC Wilmington, United States USD 15.4 100 CS Non-Traditional Products Ltd. Nassau, Bahamas USD 0.1 100 CSSEL Guernsey Bare Trust St. Peter Port, Guernsey USD 0.0 100 DLJ Mortgage Capital, Inc. Wilmington, United States USD 0.0 100 Fides Treasury Services AG Zurich, Switzerland CHF 2.0 100 JSC "Bank Credit Suisse (Moscow)" Moscow, Russia RUB 460.0 100 Lime Residential, Ltd. Nassau, Bahamas USD 0.0 100 LLC "Credit Suisse Securities (Moscow)" Moscow, Russia RUB 727.0 100 Merban Equity AG Zug, Switzerland CHF 0.1 100 Select Portfolio Servicing, Inc. Utah, United States USD 0.0 100 Solar Investco II Ltd. George Town, Cayman Islands USD 0.0 100 SP Holding Enterprises Corp. Wilmington, United States USD 0.0 100 SR Lease Co VI Ltd. Cayman Islands USD 0.0 100 PT Credit Suisse Sekuritas Indonesia Jakarta, Indonesia IDR 235,000.0 99 Credit Suisse Hypotheken AG Zurich, Switzerland CHF 0.1 98 Credit Suisse International London, United Kingdom USD 11,366.2 98 1 Credit Suisse Securities (China) Limited Beijing, China CNY 1,089.0 51 1 Remaining 2% held directly by Credit Suisse Group AG. 98% of voting rights and 98% of equity interest held by Credit Suisse AG. Significant equity method investments Equity End of 2021 Credit Suisse AG Swisscard AECS GmbH Horgen, Switzerland 50 Stockbrokers Holdings Pty Ltd. Melbourne, Australia 23 ICBC Credit Suisse Asset Management Co., Ltd. Beijing, China 20 York Capital Management Global Advisors, LLC New York, United States 5 1 Holding Verde Empreendimentos e Participações S.A. São Paulo, Brazil 0 1 1 The Bank holds a significant noncontrolling interest.

Credit Suisse Group parent comp

Credit Suisse Group parent company	12 Months Ended
	Dec. 31, 2021
Credit Suisse Group parent company	42 Credit Suisse Group parent company Condensed statements of operations and comprehensive income in 2021 2020 2019 Condensed statements of operations and comprehensive income (CHF million) Dividends from subsidiaries 12 24 24 of which from bank 10 10 10 of which from non-bank 2 14 14 Interest and dividend income 2,124 1,633 1,307 of which from subsidiaries and other affiliates 2,124 1,633 1,307 Interest expense (2,173) (1,649) (1,343) of which from subsidiaries and other affiliates 54 39 9 Net interest income (37) 8 (12) Commissions and fees 6 18 23 Trading revenues (6) 12 (68) of which from subsidiaries and other affiliates (802) 550 289 Other revenues 36 78 100 of which from subsidiaries and other affiliates 36 77 100 Net revenues (1) 116 43 Compensation and benefits 25 84 101 General and administrative expenses 74 62 61 Commission expenses 0 2 1 Total other operating expenses 74 64 62 Total operating expenses 99 148 163 Income/(loss) before taxes (100) (32) (120) Income tax expense/(benefit) (4) (5) 0 Undistributed earnings/(loss) of subsidiaries and other affiliates (1,554) 1 2,696 3,539 Net income/(loss) (1,650) 2,669 3,419 Other comprehensive income/(loss), net of tax 1,824 (2,881) (2,224) Comprehensive income/(loss) 174 (212) 1,195 1 Includes a goodwill impairment charge of CHF 1,623 million. Condensed balance sheets end of 2021 2020 Assets (CHF million) Cash and due from banks 143 277 of which from subsidiaries and other affiliates 143 277 Interest-bearing deposits with banks 5,948 445 of which from subsidiaries and other affiliates 5,944 440 Investment securities 55,659 52,061 of which from subsidiaries and other affiliates 55,659 52,061 Investments in subsidiaries and other affiliates 51,452 49,911 Other assets 831 782 of which from subsidiaries and other affiliates 827 761 Total assets 114,033 103,476 Liabilities and equity (CHF million) Due to banks 2,743 2,442 of which from subsidiaries and other affiliates 2,743 2,442 Short-term borrowings 4,700 4,700 of which from subsidiaries and other affiliates 4,700 4,700 Long-term debt 61,949 53,009 Other liabilities 687 648 of which from subsidiaries and other affiliates 7 6 Total liabilities 70,079 60,799 Total shareholders' equity 43,954 42,677 Total liabilities and equity 114,033 103,476 Condensed statements of cash flows in 2021 2020 2019 Operating activities (CHF million) Net cash provided by/(used in) operating activities (286) (10) (131) Investing activities (CHF million) (Increase)/decrease in interest-bearing deposits with banks (5,772) 1 2 Purchase of investment securities (2,995) (12,644) (9,396) Maturities of investment securities 56 0 942 Investments in subsidiaries and other investments (1,121) 0 (10) Proceeds from sale of other investments 9 0 48 Other, net 0 0 6 Net cash provided by/(used in) investing activities (9,823) (12,643) (8,408) Financing activities (CHF million) Increase/(decrease) in due to banks and customer deposits 301 155 923 Issuances of long-term debt 8,730 13,644 10,396 Repayments of long-term debt (56) 0 (942) Issuances of common shares 1,661 0 (10) Sale of treasury shares 544 420 560 Repurchase of treasury shares (1,017) (882) (1,916) Dividends paid (257) (716) (728) Other, net (1) 60 211 Net cash provided by/(used in) financing activities 9,905 12,681 8,494 Effect of exchange rate changes on cash and due from banks (CHF million) Effect of exchange rate changes on cash and due from banks 70 (28) (2) Net increase/(decrease) in cash and due from banks (CHF million) Net increase/(decrease) in cash and due from banks (134) 0 (47) Cash and due from banks at beginning of period 1 277 277 324 Cash and due from banks at end of period 1 143 277 277 1 Includes restricted cash.

Significant valuation and incom

Significant valuation and income recognition differences between US GAAP and Swiss GAAP banking law (true and fair view)	12 Months Ended
	Dec. 31, 2021
Significant valuation and income recognition differences between US GAAP and Swiss GAAP banking law (true and fair view)	43 Significant valuation and income recognition differences between US GAAP and Swiss GAAP banking law (true and fair view) The Group’s consolidated financial statements have been prepared in accordance with US GAAP. FINMA requires Swiss-domiciled banks which present their financial statements under either US GAAP or International Financial Reporting Standards (IFRS) to provide a narrative explanation of the major differences between Swiss GAAP banking law (true and fair view) and its primary accounting standard. The principal provisions of the Swiss Ordinance on Banks and Savings Banks (Banking Ordinance), the Swiss Financial Market Supervisory Authority’s Accounting Ordinance (FINMA Accounting Ordinance) and the FINMA circular 2020/1, “Accounting – banks”, governing financial reporting for banks (Swiss GAAP) differ in certain aspects from US GAAP. The following are the major differences: > Refer to “Note 1 – Summary of significant accounting policies” for a detailed description of the Group’s accounting policies. Scope of consolidation Under Swiss GAAP, majority-owned subsidiaries that are not considered long-term investments or do not operate in the core business of the Group are either accounted for as financial investments or as equity method investments. US GAAP has no such exception relating to the consolidation of majority-owned subsidiaries. Foreign currency translations Under US GAAP, foreign currency translation adjustments resulting from the consolidation of branches with functional currencies other than the Swiss franc are included in AOCI in shareholders’ equity. Under Swiss GAAP, foreign currency translation adjustments from the consolidation of foreign branches are recognized in net income/(loss) from trading activities and fair value option. Under US GAAP, foreign currency measurement adjustments for available-for-sale securities are reported in AOCI, which is part of total shareholder’s equity, whereas for Swiss GAAP statutory purposes they are included in the statements of income. Investments in securities Under Swiss GAAP, classification and measurement of investments in securities depends on the nature of the investment. Non-consolidated participations Under US GAAP, equity securities where the company has no significant influence and which do not have a readily determinable fair value are measured in accordance with the NAV practical expedient, or by using the measurement alternative or at fair value. Under Swiss GAAP, investments in equity securities where the company has no significant influence and which are held with the intention of a permanent investment or which are investments in financial industry infrastructure are included in participations irrespective of the percentage ownership of voting shares held. Participations are initially recognized at historical cost and tested for impairment at least annually. The fair value option is not allowed for participations. Under Swiss GAAP, participations held by a company are tested for impairment on the level of each individual participation. An impairment is recorded if the carrying value of a participation exceeds its fair value. Should the fair value of an impaired participation recover in subsequent periods and such recovery is considered sustainable, the impairment from prior periods can be reversed up to the fair value but not exceeding the historical cost basis. A reversal of an impairment is recorded as extraordinary income in the statements of income. Available-for-sale debt securities Under US GAAP, available-for-sale debt securities are valued at fair value. Unrealized gains and losses due to fluctuations in fair value (including foreign exchange) are not recorded in the consolidated statements of operations but included net of tax in AOCI, which is part of total shareholders’ equity. Credit-related impairments may have to be recognized in the consolidated statements of operations if the fair value of an individual debt security decreases below its amortized cost basis due to credit-related factors. Under Swiss GAAP, available-for-sale securities are accounted for at the lower of amortized cost or market with valuation reductions and recoveries due to market fluctuations recorded in other ordinary expenses and income, respectively. Foreign exchange gains and losses are recognized in net income/(loss) from trading activities and fair value option. Non-marketable equity securities Under US GAAP, equity securities which do not have a readily determinable fair value are measured in accordance with the NAV practical expedient, or by using the measurement alternative or at fair value. Under Swiss GAAP, non-marketable equity securities where the company has no intent to hold the securities permanently are carried at the lower of cost or market. Allowances and provisions for credit losses Under US GAAP, allowances and provisions for credit losses on financial instruments are estimated based on a CECL model. The credit loss requirements apply to financial assets measured at amortized cost as well as off-balance sheet credit exposures, such as irrevocable loan commitments, credit guarantees and similar instruments. The credit loss requirements are based on a forward-looking, lifetime CECL model by incorporating historical experience, current conditions and reasonable and supportable forecasts of future economic conditions available as of the reporting date. Under Swiss GAAP, the same impairment model and methodology is applied as under US GAAP. Differences between the two GAAPs result for items which are not measured at amortized cost under US GAAP and therefore not in scope of CECL under US GAAP, but that have to be measured at amortized cost under Swiss GAAP and are therefore in scope of CECL under Swiss GAAP. Such differences in CECL measurement mainly result from loans, irrevocable loan commitments and financial guarantees which are FVO elected under US GAAP and measured at amortized cost under Swiss GAAP. Fair value option Unlike US GAAP, Swiss GAAP generally does not allow the fair value option concept that creates an optional alternative measurement treatment for certain non-trading financial assets and liabilities, guarantees and commitments. The fair value option permits the use of fair value for initial and subsequent measurement with changes in fair value recorded in the consolidated statements of operations. For issued structured products that meet certain conditions, fair value measurement can be applied. The related changes in fair value of both the embedded derivative and the host contract are recorded in trading revenues, except for fair value adjustments relating to own credit that cannot be recognized in the consolidated statements of income. Impacts of changes in own credit spreads are recognized in the compensation accounts which are either recorded in other assets or other liabilities. Derivative financial instruments used for fair value hedging Under US GAAP, for fair value hedges, the carrying value of the underlying hedged items is adjusted to the change in the fair value of the hedged risk. Changes in the fair value of the related designated derivatives are recorded in the same line item of the consolidated statements of operations as the change in fair value of the hedged risk for the respective assets or liabilities. Under Swiss GAAP, the carrying value of hedged items is not adjusted. The amount representing the change in fair value of the hedged item with regard to the hedged risk is recorded in the compensation account included in other assets or other liabilities. Derivative financial instruments used for cash flow hedging Under US GAAP, the change in the fair value of a designated derivative of a cash flow hedge is reported in AOCI. Under Swiss GAAP, the change in the fair value of a designated derivative of a cash flow hedge is recorded in the compensation account included in other assets or other liabilities. Derecognition of financial instruments Under US GAAP, financial instruments are only derecognized if the transaction meets the following criteria: (i) the financial asset has been legally isolated from the transferor, (ii) the transferee has the right to repledge or resell the transferred asset, and (iii) the transferor does not maintain effective control over the transferred asset. Under Swiss GAAP, a financial instrument is derecognized when the economic control has been transferred from the seller to the buyer. A party which has the controlling ability to receive the future returns from the financial instrument and the obligation to absorb the risk of the financial instrument is deemed to have economic control over a financial instrument. Debt issuance costs Under US GAAP, debt issuance costs are presented as a direct deduction from the carrying amount of the related debt. Under Swiss GAAP, debt issuance costs are reported as a balance sheet asset in accrued income and prepaid expenses. Operating leases – lessee arrangements Under US GAAP, at commencement of an operating lease, the lessee recognizes a lease liability for future lease payments and a right-of-use asset which reflects the future benefits from the lease contract. The initial lease liability equals the present value of the future lease payments; amounts paid upfront are not included. The right-of-use asset equals the sum of the initial lease liability, initial direct costs and prepaid lease payments, with lease incentives received deducted. Operating lease costs, which include amortization and an interest component, are recognized over the remaining lease term on a straight-line basis. If the reporting entity permanently vacates premises and sub-leases a leased asset to another party at a loss, an impairment is recognized on the right-of-use asset. The impairment is determined as the difference between the carrying value of the right-of-use asset and the present value of the expected sub-lease income over the sub-lease term. Under Swiss GAAP, at commencement of an operating lease, no right-of-use assets and lease liabilities are recognized on the balance sheet of the lessee. For the calculation of the periodic lease expenses, initial direct costs, lease incentives and prepaid lease payments are considered and the total cost of a lease contract is expensed on a straight-line basis over the lease term. If the reporting entity permanently vacates premises, a provision for future payments under the lease contract is recorded, net of expected sub-lease income. Goodwill amortization Under US GAAP, goodwill is not amortized but must be tested for impairment annually or more frequently if an event or change in circumstances indicates that the goodwill may be impaired. Under Swiss GAAP, goodwill is amortized over its useful life, generally not exceeding five years, except for justified cases where a maximum useful life of up to ten years is acceptable. In addition, goodwill is tested at least annually for impairment. Amortization of intangible assets Under US GAAP, intangible assets with indefinite lives are not amortized but are tested for impairment annually or more frequently if an event or change in circumstances indicates that the asset may be impaired. Under Swiss GAAP, intangible assets are amortized over a useful life, up to a maximum of five years, in justified cases up to a maximum of ten years. In addition, these assets are tested at least annually for impairment. Guarantees US GAAP requires all guarantees to be initially recognized at fair value. Upon issuance of a guarantee, the guarantor is required to recognize a liability that reflects the initial fair value; simultaneously, a receivable is recorded to reflect the future guarantee fee income over the entire life of the guarantee. Under Swiss GAAP, only accrued or prepaid guarantee fees are recorded on the balance sheet. No guarantee liability and receivable for future guarantee fees are recorded upon issuance of a guarantee. Loan origination fees and costs US GAAP requires the deferral of fees received upfront and direct costs incurred in connection with the origination of loans not held under the fair value option. Under Swiss GAAP, only upfront payments or fees that are considered interest-related components are deferred (e.g., premiums and discounts). Fees received from the borrower which are considered service-related fees such as commitment fees, structuring fees and arrangement fees are immediately recognized in commission income. Extraordinary income and expenses Unlike US GAAP, Swiss GAAP does report certain expenses or revenues as extraordinary if the recorded income or expense is non-operating and non-recurring. Pensions and post-retirement benefits Under US GAAP, the liability and related pension expense is determined based on the projected unit credit actuarial calculation of the benefit obligation. Under Swiss GAAP, the liability and related pension expense is primarily determined based on the pension plan valuation in accordance with Swiss GAAP FER 26. A pension asset is recorded if a statutory overfunding of a pension plan leads to a future economic benefit, and a pension liability is recorded if a statutory underfunding of a pension plan leads to a future economic obligation. Employer contribution reserves must be capitalized if they represent a future economic benefit. A future economic benefit exists if the employer can reduce its future statutory annual contribution to the pension plan by releasing employer contribution reserves. Pension expenses include the required contributions defined by Swiss law, any additional contribution mandated by the pension fund trustees and any change in value of the pension asset or liability between two measurement dates as determined on the basis of the annual year-end pension plan valuation. Discontinued operations Under US GAAP, the assets and liabilities of a discontinued operation are separated from the ordinary captions of the consolidated balance sheets and are reported as discontinued operations measured at the lower of the carrying value or fair value less cost to sell. Accordingly, income and expense from discontinued operations are reported in a separate line item of the consolidated statements of operations. Under Swiss GAAP, these positions remain in their initial balance sheet captions until disposed of and continue to be valued according to the respective captions. Security collateral received in securities lending transactions Under US GAAP, security collateral received in securities lending transactions with the right to sell or repledge are recorded as assets and a corresponding liability to return the collateral is recognized. Under Swiss GAAP, security collateral received and the obligation to return collateral of securities lending transactions are not recognized on the balance sheet. Loan commitments Under US GAAP, loan commitments include all commitments to extend loans, unfunded commitments under commercial lines of credit, revolving credit lines, credit guarantees in the future and overdraft protection agreements, except for commitments that can be revoked by the Group at any time at the Group’s sole discretion without prior notice. Under Swiss GAAP, loan commitments include all commitments to extend loans, unfunded commitments under commercial lines of credit, revolving credit lines, credit guarantees in the future and overdraft protection agreements, except for commitments that can be revoked by the Group at any time at the Group’s sole discretion with a notice period not exceeding six weeks.
Bank
Significant valuation and income recognition differences between US GAAP and Swiss GAAP banking law (true and fair view)	41 Significant valuation and income recognition differences between US GAAP and Swiss GAAP banking law (true and fair view) > Refer to “Note 43 – Significant valuation and income recognition differences between US GAAP and Swiss GAAP banking law (true and fair view)” in VI – Consolidated financial statements – Credit Suisse Group for further information.

Summary of significant accoun_2

Summary of significant accounting policies (Policies)	12 Months Ended
	Dec. 31, 2021
Basis of presentation	Overview The accompanying consolidated financial statements of Credit Suisse Group AG (the Group) are prepared in accordance with accounting principles generally accepted in the US (US GAAP) and are stated in Swiss francs (CHF). The financial year for the Group ends on December 31. Certain reclassifications have been made to the prior year’s consolidated financial statements to conform to the current presentation which had no impact on net income/(loss) or total shareholders’ equity. In preparing the consolidated financial statements, management is required to make estimates and assumptions including, but not limited to, the fair value measurements of certain financial assets and liabilities, the allowance for loan losses, the evaluation of variable interest entities (VIEs), the impairment of assets other than loans, recognition of deferred tax assets, tax uncertainties, pension liabilities and various contingencies. These estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the dates of the consolidated balance sheets and the reported amounts of revenues and expenses during the reporting period. While management evaluates its estimates and assumptions on an ongoing basis, actual results could differ materially from management’s estimates. Market conditions may increase the risk and complexity of the judgments applied in these estimates.
Principles of consolidation	Principles of consolidation The consolidated financial statements include the financial statements of the Group and its subsidiaries. The Group’s subsidiaries are entities in which it holds, directly or indirectly, more than 50% Where a Group subsidiary is determined to be an investment company as defined by ASC Topic 946 – Financial Services – Investment Companies, interests in other entities held by this Group subsidiary are not consolidated and are carried at fair value. Group entities that qualify as broker-dealer entities as defined by ASC Topic 940 – Financial Services – Brokers and Dealers do not consolidate investments in voting interest entities that would otherwise qualify for consolidation when the investment is held on a temporary basis for trading purposes. In addition, subsidiaries that are strategic components of a broker-dealer’s operations are consolidated regardless of holding intent.
Revisions of prior period financial statements, Policy [Text Block]	Revisions of prior period financial statements In connection with ongoing internal control processes, the Group identified accounting issues that were not material individually or in aggregate to the prior period financial statements. As a result of these accounting issues prior periods have been revised in the consolidated financial statements and the related notes. The Group identified accounting issues with respect to the netting treatment relating to the presentation of a limited population of certain securities lending and borrowing activities. As a result, balance sheet and cash flow positions for both assets and liabilities relating to these activities were understated. For the year ended December 31, 2020, “Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions”, “Total assets”, “Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions” as well as “Total liabilities” in the consolidated balances sheets were revised by CHF 13,143 million. For the year ended December 31, 2020, “(Increase)/decrease in central bank funds sold, securities purchased under resale agreements and securities borrowing transactions” and “Net cash provided by/(used in) investing activities” were revised by a credit of CHF 70 million in the consolidated statements of cash flows and “Increase/(decrease) in central bank funds purchased, securities sold under repurchase agreements and securities lending transactions” and “Net cash provided by/(used in) financing activities” were revised by a debit of CHF 70 million. Due to the increase in total assets the Group’s leverage exposure increased by the same amount and reduced the related leverage ratios by 10 basis points. Separately, in the consolidated statements of cash flows share-based compensation expenses, net were previously included in net cash provided by/(used in) financing activities, but are now separately included in net cash provided by/(used in) operating activities. The Group also expanded the elimination of non-cash exchange rate movements related to certain operating, investing and financing activities. In addition, the presentation of certain cash flow hedges were reclassified. In aggregate for these matters for the year ended December 31, 2020, “Net cash provided by/(used in) operating activities” were revised by a debit of CHF 483 million, “Net cash provided by/(used in) investing activities” were revised by a credit of CHF 2,294 million and “Net cash provided by/(used in) financing activities were revised by a debit of CHF 1,811 million. In aggregate for these matters for the year ended December 31, 2019, “Net cash provided by/(used in) operating activities” were revised by a debit of CHF 1,086 million, “Net cash provided by/(used in) investing activities” were revised by a credit of CHF 1,033 million and “Net cash provided by/(used in) financing activities were revised by a credit of CHF 53 million.
Foreign currency translation	Foreign currency translation Transactions denominated in currencies other than the functional currency of the related entity are recorded by remeasuring them in the functional currency of the related entity using the foreign exchange rate on the date of the transaction. As of the dates of the consolidated balance sheets, monetary assets and liabilities are reported using the year-end spot foreign exchange rates. Foreign exchange rate differences are recorded in the consolidated statements of operations. Non-monetary assets and liabilities are recorded using the historic exchange rate. For the purpose of consolidation, the assets and liabilities of Group companies with functional currencies other than the Swiss franc are translated into Swiss franc equivalents using year-end spot foreign exchange rates, whereas revenues and expenses are translated at weighted average foreign exchange rates for the period. Translation adjustments arising from consolidation are included in accumulated other comprehensive income/(loss) (AOCI) within total shareholders’ equity. Cumulative translation adjustments are released from AOCI and recorded in the consolidated statements of operations when the Group loses control of a consolidated foreign subsidiary.
Fair value measurement and option	Fair value measurement and option The fair value measurement guidance establishes a single authoritative definition of fair value and sets out a framework for measuring fair value. The fair value option creates an alternative measurement treatment for certain financial assets and financial liabilities. The fair value option can be elected at initial recognition of the eligible item or at the date when the Group enters into an agreement which gives rise to an eligible item (e.g., a firm commitment or a written loan commitment). If not elected at initial recognition, the fair value option can be applied to an item upon certain triggering events that give rise to a new basis of accounting for that item. The application of the fair value option to a financial asset or a financial liability does not change its classification on the balance sheet and the election is irrevocable. Changes in fair value resulting from the election are recorded in trading revenues. > Refer to “Fair value option” in Note 36 – Financial instruments for further information.
Cash and due from banks	Cash and due from banks Cash and due from banks consists of currency on hand, demand deposits with banks or other financial institutions and cash equivalents. Cash equivalents are defined as short-term, highly liquid instruments with original maturities of three
Reverse repurchase and repurchase agreements	Reverse repurchase and repurchase agreements Purchases of securities under agreements to resell (reverse repurchase agreements) and securities sold under agreements to repurchase (repurchase agreements) do not constitute economic sales; therefore, they are treated as collateralized financing transactions, which are carried in the consolidated balance sheet at the amount of cash disbursed or received, respectively. Reverse repurchase agreements are recorded as collateralized assets while repurchase agreements are recorded as liabilities. The underlying securities sold continue to be recognized in trading assets or investment securities. The fair value of securities to be repurchased and resold is monitored on a daily basis, and additional collateral is obtained as needed to protect against credit exposure. Assets and liabilities recorded under these agreements are accounted for on one of two bases, the accrual basis or the fair value basis. Under the accrual basis, interest earned on reverse repurchase agreements and interest incurred on repurchase agreements are reported in interest and dividend income and interest expense, respectively. The Group elects to apply the fair value option to selected agreements pursuant to ASC Topic 825 – Financial Instruments. Under such circumstances, the change in fair value is reported in trading revenues. Accrued interest income and expense are recorded in the same manner as under the accrual method. Reverse repurchase and repurchase agreements may be netted if they are with the same counterparty, have the same maturity date, settle through the same qualifying clearing institution and are subject to a right of offset allowed by a legally enforceable master netting agreement or a central counterparty’s clearing rules.
Securities lending and borrowing transactions	Securities lending and borrowing transactions Securities borrowed and securities loaned that are cash-collateralized are included in the consolidated balance sheet at amounts equal to the cash advanced or received. If securities received as collateral in a securities lending and borrowing transaction may be sold or repledged, they are recorded as securities received as collateral in the consolidated balance sheet and a corresponding liability to return the security is recorded. Securities lending transactions against non-cash collateral in which the Group has the right to resell or repledge the collateral received are recorded at the fair value of the collateral initially received. For securities lending transactions, the Group receives cash or securities collateral in an amount generally in excess of the market value of securities lent. The Group monitors the fair value of securities borrowed and loaned on a daily basis with additional collateral obtained as necessary. Securities lending and borrowing fees and interest received or paid are recorded in interest and dividend income and interest expense, respectively, on an accrual basis. If the fair value basis of accounting is elected, any resulting change in fair value is reported in trading revenues. Accrued interest income and expense are recorded in the same manner as under the accrual method.
Transfers of financial assets	Transfers of financial assets Transfers of financial assets may involve the sale of these assets to special purpose entities (SPEs), which in turn issue securities to investors. The Group values its beneficial interests in such SPEs at fair value using quoted market prices, if such positions are traded on an active exchange, or financial models that incorporate observable and unobservable inputs, if such positions are not traded on an active exchange. > Refer to “Note 35 – Transfers of financial assets and variable interest entities” for further information on the Group’s transfer activities.
Trading assets and liabilities	Trading assets and liabilities Trading assets and liabilities include debt securities, marketable equity instruments, derivative instruments, certain loans held in broker-dealer entities, commodities and precious metals. Items included in the trading portfolio are carried at fair value and classified as held for trading purposes based on management’s intent. Regular-way security transactions are recorded on a trade-date basis. Unrealized and realized gains and losses on trading positions are recorded in trading revenues.
Investment securities	Investment securities Investment securities include debt securities classified as held-to-maturity and debt securities classified as available-for-sale. Regular-way security transactions are recorded on a trade-date basis. Debt securities where the Group has the positive intent and ability to hold such securities to maturity are classified as such and are carried at amortized cost, net of any unamortized premium or discount. Debt securities classified as held-to-maturity require an assessment of the current expected credit loss (CECL) at the reporting date. Debt securities classified as available-for-sale are carried at fair value. Unrealized gains and losses, which represent the difference between fair value and amortized cost, are recorded in AOCI. Amounts reported in AOCI are net of income taxes. Debt securities classified as available-for-sale are impaired if there is a decline in fair value below amortized cost basis. If the Group intends to sell an impaired security or more likely than not will be required to sell such a security before recovering its amortized cost basis, the entire difference between the amortized cost basis and fair value is recognized as a credit loss. However, if the Group does not intend to sell and is not likely to be required to sell, an assessment is made if a decline in fair value of the security is due to credit-related factors or non-credit related factors. Credit-related impairment is recognized in earnings by recording an allowance for credit losses. Any portion of the unrealized loss that relates to non-credit related factors is recognized in AOCI, net of income taxes. Amortization of premiums or discounts for debt securities is recorded in interest and dividend income using the effective yield method through the maturity date of the security.
Other investments	Other investments Other investments include equity method investments, equity securities without a readily determinable fair value, such as hedge funds, private equity securities and certain investments in non-marketable mutual funds for which the Group has neither significant influence nor control over the investee, and real estate held-for-investment. Equity method investments are investments for which the Group has the ability to significantly influence the operating and financial policies. Significant influence is typically characterized by ownership of 20% to 50% of the voting stock or in-substance common stock of a corporation or 3% 5% Equity securities without a readily determinable fair value are carried at fair value, net asset value practical expedient to estimate fair value or at cost less impairment, adjusted for observable price changes (measurement alternative). Memberships in exchanges are reported at cost, less impairment. Equity securities without a readily determinable fair value held by the Group’s subsidiaries that are determined to be investment companies as defined by ASC Topic 946 – Financial Services – Investment Companies are carried at fair value, with changes in fair value recorded in other revenues. Equity method investments and equity securities without a readily determinable fair value held by subsidiaries that are within the scope of ASC Topic 940 – Financial Services – Brokers and Dealers are measured at fair value and reported in trading assets when the intent of the broker-dealer entity is to hold the asset temporarily for trading purposes. Changes in fair value are reported in trading revenues. Equity securities without a readily determinable fair value include investments in entities that regularly calculate net asset value per share or its equivalent, with changes in fair value recorded in other revenue. Real estate held-for-investment purposes is carried at cost less accumulated depreciation and is depreciated over its estimated useful life, generally 40 to 67 years. Land that is classified as real estate held-for-investment purposes is carried at historical cost and is not depreciated. Real estate held-for-investment purposes is tested for impairment annually, or more frequently, if events or changes in circumstances indicate that the carrying amount may not be recoverable. For real estate held-for-investment purposes, the fair values were measured based on either discounted cash flow analyses or external market appraisals. Recognition of an impairment on such assets establishes a new cost base, which is not adjusted for subsequent recoveries in value.
Loans	Loans Loans held-to-maturity Loans which the Group intends to hold until maturity are carried at outstanding principal balances plus accrued interest, net of the following items: unamortized premiums, discounts on purchased loans, deferred loan origination fees and direct loan origination costs on originated loans. Interest income is accrued on the unpaid principal balance and net deferred premiums/discounts and fees/costs are amortized as an adjustment to the loan yield over the term of the related loans. A loan is classified as non-performing and thus considered credit impaired no later than when the contractual payments of principal and/or interest are more than 90 days past due except for subprime residential loans which are classified as non-performing no later than when the contractual payments of principal and/or interest are more than 120 days past due. The additional 30 days ensure that these loans are not incorrectly assessed as non-performing during the time when servicing of them typically is being transferred. However, management may determine that a loan should be classified as non-performing notwithstanding that contractual payments of principal and/or interest are less than 90 days past due or, in the case of subprime residential loans, 120 days past due. In addition, the Group continues to add accrued interest receivable to the loan’s balance for collection purposes; however, a credit provision is recorded, resulting in no interest income recognition. A loan can be further downgraded to non-interest-earning when the collection of interest is considered so doubtful that further accrual of interest is deemed inappropriate. Generally, non-performing loans and non-interest-earning loans may be restored to performing status only when delinquent principal and interest are brought up to date in accordance with the terms of the loan agreement and when certain performance criteria are met. Interest collected on non-performing loans and non-interest-earning loans is accounted for using the cash basis or the cost recovery method or a combination of both. Amortization of deferred fees and premiums and discounts ceases while a loan is deemed to be non-performing or non-interest-earning. Loans that are modified in a troubled debt restructuring are reported as restructured loans. Generally, a restructured loan would have been considered credit-impaired prior to the restructuring. Loans modified in a troubled debt restructuring are no longer considered credit-impaired in the years following the restructuring if the restructured loan carries an interest rate that is equal to or greater than the rate the Group was willing to accept at the time of the restructuring for a loan with comparable risk and the loan is not credit-impaired based on the terms specified by the restructuring agreement. Loans that have been restructured in a troubled debt restructuring and are performing according to the new terms continue to accrue interest. Loan restructurings may include the receipt of assets in satisfaction of the loan, the modification of loan terms (e.g., reduction of interest rates, extension of maturity dates at a stated interest rate lower than the current market rate for new loans with similar risk, or reduction in principal amounts and/or accrued interest balances) or a combination of both. Potential problem loans are credit-impaired loans where contractual payments have been received according to schedule, but where doubt exists as to the collection of future contractual payments. Potential problem loans continue to accrue interest. > Refer to “Note 19 – Loans” for further information. Credit losses on financial instruments measured at amortized cost The credit loss requirements apply to financial assets measured at amortized cost including loans held-to-maturity, net investments in leases as a lessor as well as off-balance sheet credit exposures, such as irrevocable loan commitments, and credit guarantees. The credit loss requirements are based on a forward-looking, lifetime CECL model by incorporating reasonable and supportable forecasts of future economic conditions available at the reporting date. The CECL amounts are estimated over the contractual term of the financial assets taking into account the effect of prepayments. This requires considerable judgment over how changes in macroeconomic factors as well as changes in forward-looking borrower-specific characteristics will affect the CECL amounts. The Group measures expected credit losses of financial assets on a collective (pool) basis when similar risk characteristics exist. For financial assets that do not share similar risk characteristics, expected credit losses are evaluated on an individual basis. CECL amounts are probability-weighted estimates of potential credit losses based on historical frequency, current trends and conditions as well as forecasted macroeconomic factors, such as gross domestic product, unemployment rates and interest rates. For financial assets that are performing at the reporting date, the allowance for credit losses is generally measured using a probability of default/loss given default approach under which both probability of default (PD), loss given default (LGD) and exposure at default (EAD) are estimated. For financial assets that are credit-impaired at the reporting date, the Group generally applies a discounted cash flow approach to determine the difference between the gross carrying amount and the present value of estimated future cash flows. An allowance for credit losses is deducted from the amortized cost basis of the financial asset. Changes in the allowance for credit losses are recorded in the consolidated statement of operations in provision for credit losses or, if related to provisions on past due interest, in net interest income. For undrawn irrevocable loan commitments, the present value is calculated based on the difference between the contractual cash flows that are due to the Group if the commitment is drawn and the cash flows that the Group expects to receive, in order to estimate the provision for expected credit losses. For credit guarantees, expected credit losses are recognized for the contingency of the credit guarantee. Provisions for off-balance sheet credit exposures are recognized as a provision in other liabilities in the consolidated balance sheets. Write-off of a financial asset occurs when it is considered certain that there is no possibility of recovering the outstanding principal. If the amount of loss on write-off is greater than the accumulated allowance for credit losses, the difference results in an additional credit loss. The additional credit loss is first recognized as an addition to the allowance; the allowance is then applied against the gross carrying amount. Any repossessed collateral is initially measured at fair value. The subsequent measurement depends on the nature of the collateral. Any uncollectible accrued interest receivable is written off by reversing the related interest income. Expected recoveries on financial assets previously written off or assessed/planned to be written off have to be reflected in the allowance for credit losses; for this purpose, the amount of expected recoveries cannot exceed the aggregate amounts previously written off or assessed/planned to be written off. Accordingly, expected recoveries from financial assets previously written off may result in an overall negative allowance for credit loss balance. Prior to January 2020, the allowance for credit losses reflected probable incurred credit losses. > Refer to “Note 20 – Financial instruments measured at amortized cost and credit losses” for further information. Loans held-for-sale Loans which the Group intends to sell in the foreseeable future are considered held-for-sale and are carried at the lower of amortized cost or market value determined on either an individual method basis, or in the aggregate for pools of similar loans if sold or securitized as a pool. Loans held-for-sale are included in other assets. Adjustments to the lower of amortized cost basis or fair value are presented as a valuation allowance and recorded in other revenue. Purchased loans with credit deterioration A purchased loan measured at amortized cost is considered a purchased loan with credit deterioration if it has experienced more-than-insignificant deterioration in credit quality since origination. At the date of acquisition, the allowance for credit is added to the purchase price of the loan to establish the initial amortized cost basis. Any difference between the amortized cost and the unpaid principal amount is recognized in interest income using the effective interest method. After the purchase date, the allowance for credit losses is adjusted for subsequent changes in estimates of current expected credit losses. Loans held at fair value under the fair value option Loans and loan commitments for which the fair value option is elected are reported at fair value with changes in fair value reported in trading revenues. The application of the fair value option does not change the loan’s classification. Loan commitments carried at fair value are recorded in other assets or other liabilities, respectively.
Premises and equipment	Premises and equipment Premises and equipment (including equipment under operating leases where the Group is the lessor), with the exception of land, are carried at cost less accumulated depreciation. Buildings are depreciated on a straight-line basis over their estimated useful lives, generally 40 to 67 years, and building improvements are depreciated on a straight-line basis over their estimated useful lives, generally not exceeding five ten ten three ten ten The Group capitalizes costs relating to the acquisition, installation and development of software with a measurable economic benefit, but only if such costs are identifiable and can be reliably measured. The Group depreciates capitalized software costs on a straight-line basis over the estimated useful life of the software, generally not exceeding seven
Lessor, Leases	For sales-type and direct financing leases under lessor arrangements, which are classified as loans, the Group de-recognizes the underlying assets and recognizes a net investment in the lease. The net investment in the lease is calculated as the lease receivable plus the unguaranteed portion of the estimated residual value. The lease receivable is initially measured at the present value of the sum of the future lease payments receivable over the lease term and any portion of the estimated residual value at the end of the lease term that is guaranteed by either the lessee or an unrelated third party. Lease terms may include options that permit the lessee to extend or renew these leases. Such options are only included in the measurement of lease receivables for sales-type and direct financing leases when it is reasonably certain that the lessee would exercise these options. Subsequently, unearned income is amortized to interest income over the lease term using the effective interest method. > Refer to “Note 19 – Loans”, “Note 20 – Financial instruments measured at amortized cost and credit losses” and “Note 24 – Leases” for further information. For operating leases under lessor arrangements, the Group continues to recognize the underlying asset and depreciates the asset over its estimated useful life. Lease income is recognized in other income on a straight-line basis over the lease term.
Lessee, Leases	Leases For lessee arrangements, the Group recognizes lease liabilities, which are reported as other liabilities or long-term debt, and right-of-use assets, which are reported as other assets. Lease liabilities are recognized at the lease commencement date based on the present value of future lease payments over the lease term. Right-of-use assets are initially measured based on the lease liability, adjusted for any initial direct costs, any lease payments made prior to lease commencement and for any lease incentives. > Refer to “Note 23 – Other assets and other liabilities”, “Note 24 – Leases” and “Note 26 – Long-term debt” for further information. Periods covered by options that permit the Group to extend or terminate a lease are only included in the measurement of right-of-use assets and lease liabilities when it is reasonably certain that the Group would exercise the extension option or would not exercise the termination option. Lease payments which depend on an index or a referenced rate are considered unavoidable and are included in the lease liabilities using the index or rate as of the lease commencement date. Other variable lease payments, as well as subsequent changes in an index or referenced rate, are excluded from the lease liabilities. The Group’s incremental borrowing rate, which is used in determining the present value of lease payments, is derived from information available at the lease commencement date. Operating lease costs, which include amortization and an interest component, are recognized over the remaining lease term on a straight-line basis. Operating and variable lease costs are recognized in general and administrative expenses.
Goodwill and other intangible assets	Goodwill and other intangible assets Goodwill arises on the acquisition of subsidiaries and equity method investments. It is measured as the excess of the fair value of the consideration transferred, the fair value of any noncontrolling interest in the acquiree and the fair value of any previously held equity interest in the acquired subsidiary, over the net of the acquisition-date fair values of the identifiable assets acquired and the liabilities assumed. Goodwill is not amortized; instead it is tested for impairment annually, or more frequently if events or changes in circumstances indicate that goodwill may be impaired. Goodwill is allocated to the Group’s reporting units for the purposes of the impairment test. Other intangible assets may be acquired individually or as part of a group of assets assumed in a business combination. Other intangible assets include but are not limited to: patents, licenses, copyrights, trademarks, branch networks, mortgage servicing rights, customer base and deposit relationships. Acquired intangible assets are initially measured at the amount of cash disbursed or the fair value of other assets distributed. Other intangible assets that have a finite useful life are amortized over that period. Other intangible assets acquired after January 1, 2002 that are determined to have an indefinite useful life are not amortized; instead they are tested for impairment annually, or more frequently if events or changes in circumstances indicate that the indefinite intangible asset may be impaired. Mortgage servicing rights are included in non-amortizing other intangible assets and are carried at fair value, with changes in fair value recognized through earnings in the period in which they occur. Mortgage servicing rights represent the right to perform specified mortgage servicing activities on behalf of third parties. Mortgage servicing rights are either purchased from third parties or retained upon sale of acquired or originated loans.
Recognition of an impairment on tangible fixed assets and other intangible assets	Recognition of an impairment on non-financial assets The Group evaluates premises, equipment, right-of-use assets and finite intangible assets for impairment at least annually and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. The impairment assessment is performed for a group of assets for which largely separate cash flows can be identified. Where the carrying amount for the group of assets exceeds the fair value, the group of assets is considered impaired and an impairment is recorded in general and administrative expenses. Recognition of an impairment on such assets establishes a new cost base, which is not adjusted for subsequent recoveries in value.
Income taxes	Income taxes Deferred tax assets and liabilities are recorded for the expected future tax consequences of temporary differences between the carrying amounts of assets and liabilities at the dates of the consolidated balance sheets and their respective tax bases. Deferred tax assets and liabilities are computed using currently enacted tax rates and are recorded in other assets and other liabilities, respectively. Income tax expense or benefit is recorded in income tax expense/(benefit), except to the extent the tax effect relates to transactions recorded directly in total shareholders’ equity. Deferred tax assets are reduced by a valuation allowance, if necessary, to the amount that management believes will more likely than not be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates in the period in which changes are approved by the relevant authority. Deferred tax assets and liabilities are presented on a net basis for the same tax-paying component within the same tax jurisdiction. The Group follows the guidance in ASC Topic 740 – Income Taxes, which sets out a consistent framework to determine the appropriate level of tax reserves to maintain for uncertain tax positions. The Group determines whether it is more likely than not that an income tax position will be sustained upon examination based on the technical merits of the position. Sustainable income tax positions are then measured to determine the amount of benefit eligible for recognition in the consolidated financial statements. Each such sustainable income tax position is measured at the largest amount of benefit that is more likely than not to be realized upon ultimate settlement.
Brokerage receivables and brokerage payables	Brokerage receivables and brokerage payables The Group recognizes receivables and payables from transactions in financial instruments purchased from and sold to customers, banks and broker-dealers. The Group is exposed to risk of loss resulting from the inability of counterparties to pay for or deliver financial instruments purchased or sold, in which case the Group would have to sell or purchase, respectively, these financial instruments at prevailing market prices. To the extent an exchange or clearing organization acts as counterparty to a transaction, credit risk is generally considered to be limited. The Group establishes credit limits for each customer and requires them to maintain margin collateral in compliance with applicable regulatory and internal guidelines. In order to conduct trades with an exchange or a third-party bank, the Group is required to maintain a margin. This is usually in the form of cash and deposited in a separate margin account with the exchange or broker. If available information indicates that it is probable that a brokerage receivable is impaired, an allowance is established. Write-offs of brokerage receivables occur if the outstanding amounts are considered uncollectible.
Other assets - Derivatives used for hedging	Derivatives Freestanding derivative contracts are carried at fair value in the consolidated balance sheets regardless of whether these instruments are held for trading or risk management purposes. Commitments to originate mortgage loans that will be held for sale are considered derivatives for accounting purposes. When derivative features embedded in certain contracts that meet the definition of a derivative are not considered clearly and closely related to the host contract, either the embedded feature is accounted for separately at fair value or the entire contract, including the embedded feature, is accounted for at fair value. In both cases, changes in fair value are recorded in the consolidated statements of operations. If separated for measurement purposes, the derivative is recorded in the same line item in the consolidated balance sheets as the host contract. Derivatives classified as trading assets and liabilities include those held for trading purposes and those used for risk management purposes that do not qualify for hedge accounting. Derivatives held for trading purposes arise from proprietary trading activity and from customer-based activity. Realized gains and losses, changes in unrealized gains and losses and interest flows are included in trading revenues. Derivative contracts designated and qualifying as fair value hedges, cash flow hedges or net investment hedges are reported as other assets or other liabilities. The fair value of exchange-traded derivatives is typically derived from observable market prices and/or observable market parameters. Fair values for over-the-counter (OTC) derivatives are determined on the basis of proprietary models using various input parameters. Derivative contracts are recorded on a net basis per counterparty where a right to offset exists under an enforceable master netting agreement or a central counterparty’s clearing rules. Where no such rights exist, fair values are recorded on a gross basis. Where hedge accounting is applied, the Group formally documents all relationships between hedging instruments and hedged items, including the risk management objectives and strategy for undertaking hedge transactions. At inception of a hedge and on an ongoing basis, the hedge relationship is formally assessed to determine whether the derivatives that are used in hedging transactions are highly effective in offsetting changes in fair values or cash flows of hedged items attributable to the hedged risk. The Group discontinues hedge accounting prospectively in the following circumstances: (i) the derivative is no longer effective in offsetting changes in the fair value or cash flows of a hedged item (including forecasted transactions); (ii) the derivative expires or is sold, terminated or exercised; (iii) the derivative is no longer designated as a hedging instrument because it is unlikely that the forecasted transaction will occur; or (iv) the designation of the derivative as a hedging instrument is otherwise no longer appropriate. For derivatives that are designated and qualify as fair value hedges, the carrying values of the underlying hedged items are adjusted to fair value for the risk being hedged. Changes in the fair value of these derivatives are recorded in the same line item of the consolidated statements of operations used to present the changes in the fair value of the hedged item. When the Group discontinues fair value hedge accounting because it determines that the derivative no longer qualifies as an effective hedge, the derivative will continue to be carried in the consolidated balance sheets at its fair value, and the hedged asset or liability will no longer be adjusted for changes in fair value attributable to the hedged risk. Interest-related fair value adjustments made to the underlying hedged items will be amortized to the consolidated statements of operations over the remaining life of the hedged item. Any unamortized interest-related fair value adjustment is recorded in the consolidated statements of operations upon sale or extinguishment of the hedged asset or liability, respectively. Any other fair value hedge adjustments remain part of the carrying amount of the hedged asset or liability and are recognized in the consolidated statements of operations upon disposition of the hedged item as part of the gain or loss on disposition. For hedges of the variability of cash flows from forecasted transactions and floating rate assets or liabilities, the change in the fair value of a designated derivative is recorded in AOCI. These amounts are reclassified into the line item in the consolidated statements of operations in which the hedged item is recorded when the variable cash flow from the hedged item impacts earnings (for example, when periodic settlements on a variable rate asset or liability are recorded in the consolidated statements of operations or when the hedged item is disposed of). When hedge accounting is discontinued on a cash flow hedge, the net gain or loss will remain in AOCI and be reclassified into the consolidated statements of operations in the same period or periods during which the formerly hedged transaction is reported in the consolidated statements of operations. When the Group discontinues hedge accounting because it is probable that a forecasted transaction will not occur within the specified date or period plus two For hedges of a net investment in a foreign operation, the change in the fair value of the hedging derivative is recorded in AOCI. The Group uses the forward method of determining effectiveness for net investment hedges, which results in the time value portion of a foreign currency forward being reported in AOCI.
Customer deposits	Customer deposits Customer deposits represent funds held from customers (both retail and commercial) and banks and consist of interest-bearing demand deposits, savings deposits and time deposits. Interest is accrued based on the contractual provisions of the deposit contract.
Long-term debt	Long-term debt Total long-term debt is composed of debt issuances that do not contain derivative features as well as hybrid debt. Hybrid debt includes capital instruments as well as those issued as part of the Group’s structured product activities. Long-term debt includes both Swiss franc and foreign currency denominated fixed and variable rate bonds. The Group actively manages interest rate risk and foreign currency risk on vanilla debt through the use of derivative contracts, primarily interest rate and currency swaps. In particular, fixed rate debt is hedged with receive-fixed, pay-floating interest rate swaps, and the Group applies hedge accounting per the guidance of ASC Topic 815 – Derivatives and Hedging. For capital management purposes, the Group has outstanding hybrid capital instruments in the form of low- and high-trigger tier 1 and tier 2 capital notes, with a write-off or contingent share conversion feature. Typically, these instruments have an embedded derivative that is bifurcated for accounting purposes. The embedded derivative is measured separately and changes in fair value are recorded in trading revenue. The host contract is generally accounted for under the amortized cost method unless the fair value option has been elected and the entire instrument is carried at fair value. The Group’s long-term debt also includes various equity-linked and other indexed instruments with embedded derivative features, for which payments and redemption values are linked to commodities, stocks, indices, currencies or other assets. The Group elected to account for substantially all of these instruments at fair value. Changes in the fair value of fair-value option elected instruments are recognized as a component of trading revenues, except for changes in fair value attributed to own credit risk, which is recorded in other comprehensive income (OCI), net of tax, and recycled to trading revenue when the debt is de-recognized.
Other liabilities	Guarantees In cases where the Group acts as a guarantor, the Group recognizes in other liabilities, at the inception of a guarantee, a liability for the fair value of the obligations undertaken in issuing such a guarantee, including its ongoing obligation to perform over the term of the guarantee in the event that certain events or conditions occur. Contingent obligations under issued guarantees not related to a financial obligation such as performance guarantees and non-financial standby letters of credit are assessed for the probability of loss on an ongoing basis. Contingent obligations under issued guarantees related to a financial obligation such as credit guarantees and financial standby letters of credit are assessed for CECL at reporting date.
Share-based compensation	Share-based compensation For all share-based awards granted to employees, compensation expense is measured at grant date or modification date based on the fair value of the number of awards for which the requisite service is expected to be rendered and is recognized in the consolidated statements of operations over the required service period. The incremental tax effects of the difference between the compensation expense recorded in the US GAAP accounts and the tax deduction received, are recorded in the income statement at the point in time the deduction for tax purposes is recorded. Compensation expense for share-based awards that vest in their entirety at the end of the vesting period (cliff vesting) and awards that vest in annual installments (graded vesting), which only contain a service condition that affects vesting, is recognized on a straight-line basis over the service period for the entire award. However, if awards with graded vesting contain a performance condition, then each installment is expensed as if it were a separate award (“front-loaded” expense recognition). Furthermore, recognition of compensation expense is accelerated to the date an employee becomes eligible for retirement. Performance share awards contain a performance condition. In the event of either a negative return on equity (ROE) of the Group or a divisional loss, any outstanding performance share awards will be subject to a reduction. The amount of compensation expense recorded includes an estimate of any expected reductions. For each reporting period after the grant date, the expected number of shares to be ultimately delivered upon vesting is reassessed and reflected as an adjustment to the cumulative compensation expense recorded in the income statement. The basis for the ROE calculation may vary from year to year, depending on the Compensation Committee’s determination for the year in which the performance shares are granted. Certain employees own equity interests in the form of carried interests in certain funds managed by the Group. Expenses recognized under these ownership interests are reflected in the consolidated statements of operations in compensation and benefits.
Pensions and other post-retirement benefits	Pension and other post-retirement benefits Credit Suisse sponsors a number of post-employment benefit plans for its employees worldwide, which include defined benefit pension plans and other post-employment benefits. The major plans are located in Switzerland, the UK and the US. The Group uses the projected unit credit actuarial method to determine the present value of its projected benefit obligations (PBO) and the current and past service costs or credits related to its defined benefit and other post-retirement benefit plans. The measurement date used to perform the actuarial valuation is December 31 and is performed by independent qualified actuaries. Certain key assumptions are used in performing the actuarial valuations. These assumptions must be made concerning the future events that will determine the amount and timing of the benefit payments and thus require significant judgment and estimates by Group management. This includes making assumptions with regard to discount rates, salary increases, interest rate on savings balances, expected long-term rate of return on plan assets and mortality (future life expectancy). The assumed discount rates reflect the rates at which the pension benefits could be effectively settled. These rates are determined based on yield curves, constructed from high-quality corporate bonds currently available and observable in the market and are expected to be available during the period to maturity of the pension benefits. In countries where there is no deep market in high-quality corporate bonds with longer durations, the best available market information, including governmental bond yields and risk premiums, is used to construct the yield curve. Salary increases are determined by reviewing historical practice and external market data as well as considering internal projections. The interest rate on savings balances is applicable only to the Credit Suisse Swiss pension plan (Swiss pension plan). The Board of Trustees of the Swiss pension plan sets the interest rate to be applied on the accumulated savings balance on an annual basis. Credit Suisse estimates the future interest rate on savings balances, taking into consideration actions and rates approved by the Board of Trustees of the Swiss pension plan and expected future changes in the interest rate environment based on the yield curve used for the discount rate. The expected long-term rate of return on plan assets is determined on a plan-by-plan basis, taking into account asset allocation, historical rate of return, benchmark indices for similar-type pension plan assets, long-term expectations of future returns and investment strategy. Mortality assumptions are based on standard mortality tables and standard models and methodologies for projecting future improvements to mortality as developed and published by external independent actuarial societies and actuarial organizations. Health care cost trend rates are determined by reviewing external data and the Group’s own historical trends for health care costs. The funded status of the Group’s defined benefit post-retirement and pension plans is recognized in the consolidated balance sheets. Actuarial gains and losses in excess of 10% of the greater of the PBO or the market value of plan assets are amortized to net periodic pension and other post-retirement benefit costs on a straight-line basis over the average remaining service life of active employees expected to receive benefits. If all or almost all of the participants are inactive, the amortization period is based on the average remaining life expectancy of the inactive participants. Unrecognized prior service costs or credits are amortized over the remaining service period of employees affected by a plan amendment. If the net lump sum payments out of a plan exceed the threshold, a proportionate share of actuarial gains and losses equal to the percentage reduction of the PBO will be recognized in earnings. The threshold is defined as the sum of the service cost and interest cost of that year. The Group records pension expense for defined contribution plans when the employee renders service to the company, essentially coinciding with the cash contributions to the plans.
Own shares, own bonds and financial instruments on own shares	Own shares, own bonds and financial instruments on own shares The Group may buy and sell own shares, own bonds and financial instruments on own shares within its normal trading and market-making activities. In addition, the Group may hold its own shares to satisfy commitments arising from employee share-based compensation awards. Own shares are recorded at cost and reported as treasury shares, resulting in a reduction to total shareholders’ equity. Financial instruments on own shares are recorded as assets or liabilities or as equity when the criteria for equity classification are met. Dividends received by subsidiaries on own shares and unrealized and realized gains and losses on own shares classified in total shareholders’ equity are excluded from the consolidated statements of operations. Any holdings of bonds issued by any Group entity are eliminated in the consolidated financial statements.
Net interest income	Net interest income Interest income and interest expense arising from interest-bearing assets and liabilities other than those carried at fair value or the lower of cost or market are accrued, and any related net deferred premiums, discounts, origination fees or costs are amortized as an adjustment to the yield over the life of the related asset and liability. Interest from debt securities and dividends on equity securities carried as trading assets and trading liabilities are recorded in interest and dividend income. > Refer to “Loans” for further information on interest on loans.
Commissions and fees	Commissions and fees Commissions and fees include revenue from contracts with customers. The Group recognizes revenue when it satisfies a contractual performance obligation. The Group satisfies a performance obligation when control of the underlying good or services related to the performance obligation is transferred to the customer. Control is the ability to direct the use of, and obtain substantially all of the remaining benefits from, the good or service. The Group must determine whether control of a good or service is transferred over time. If so, the related revenue is recognized over time as the good or service is transferred to the customer. If not, control of the good or service is transferred at a point in time. The performance obligations are typically satisfied as the services in the contract are rendered. Revenue is measured based on the consideration specified in a contract with a customer, and excludes any amounts collected on behalf of third parties. The transaction price can be a fixed amount or can vary because of performance bonuses or other similar items. Variable consideration is only included in the transaction price once it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the amount of variable consideration is subsequently resolved. Generally, no significant judgement is required with respect to recording variable consideration. When another party is involved in providing goods or services to a customer, the Group must determine whether the nature of its promise is a performance obligation to provide the specified goods or services itself (that is, the Group is a principal) or to arrange for those goods or services to be provided by the other party (that is, the Group is an agent). The Group determines whether it is a principal or an agent for each specified good or service promised to the customer. Gross presentation (revenue on the revenue line and expense on the expense line) is appropriate when the Group acts as principal in a transaction. Conversely, net presentation (revenue and expenses reported net) is appropriate when the Group acts as an agent in the transaction. Transaction-related expenses are expensed as incurred. Underwriting expenses are deferred and recognized along with the underwriting revenue. > Refer to “Note 14 – Revenue from contracts with customers” for further information.
Bank
Basis of presentation	Overview The accompanying consolidated financial statements of Credit Suisse AG (the Bank), the direct bank subsidiary of Credit Suisse Group AG (the Group), are prepared in accordance with accounting principles generally accepted in the US (US GAAP) and are stated in Swiss francs (CHF). The financial year for the Bank ends on December 31. Certain reclassifications have been made to the prior year’s consolidated financial statements to conform to the current presentation which had no impact on net income/(loss) or total shareholders’ equity. In preparing the consolidated financial statements, management is required to make estimates and assumptions including, but not limited to, the fair value measurements of certain financial assets and liabilities, the allowance for loan losses, the evaluation of variable interest entities (VIEs), the impairment of assets other than loans, recognition of deferred tax assets, tax uncertainties, pension liabilities and various contingencies. These estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the dates of the consolidated balance sheets and the reported amounts of revenues and expenses during the reporting period. While management evaluates its estimates and assumptions on an ongoing basis, actual results could differ materially from management’s estimates. Market conditions may increase the risk and complexity of the judgments applied in these estimates. > Refer to “Note 1 – Summary of significant accounting policies” in VI – Consolidated financial statements – Credit Suisse Group for a summary of significant accounting policies, with the exception of the following accounting policies.
Revisions of prior period financial statements, Policy [Text Block]	Revisions of prior period financial statements In connection with ongoing internal control processes, the Bank identified accounting issues that were not material individually or in aggregate to the prior period financial statements. As a result of these accounting issues prior periods have been revised in the consolidated financial statements and the related notes. The Bank identified accounting issues with respect to the netting treatment relating to the presentation of a limited population of certain securities lending and borrowing activities. As a result, balance sheet and cash flow positions for both assets and liabilities relating to these activities were understated. For the year ended December 31, 2020, “Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions”, “Total assets”, “Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions” as well as “Total liabilities” in the consolidated balances sheets were revised by CHF 13,143 million. For the year ended December 31, 2020, “(Increase)/decrease in central bank funds sold, securities purchased under resale agreements and securities borrowing transactions” and “Net cash provided by/(used in) investing activities” were revised by a credit of CHF 70 million in the consolidated statements of cash flows and “Increase/(decrease) in central bank funds purchased, securities sold under repurchase agreements and securities lending transactions” and “Net cash provided by/(used in) financing activities” were revised by a debit of CHF 70 million. Due to the increase in total assets the Bank’s leverage exposure increased by the same amount and reduced the related leverage ratios by 10 basis points. Separately, in the consolidated statements of cash flows share-based compensation expenses, net were previously included in net cash provided by/(used in) financing activities, but are now separately included in net cash provided by/(used in) operating activities. The Bank also expanded the elimination of non-cash exchange rate movements related to certain operating, investing and financing activities. In addition, the presentation of certain cash flow hedges were reclassified. In aggregate for these matters for the year ended December 31, 2020, “Net cash provided by/(used in) operating activities” were revised by a debit of CHF 371 million, “Net cash provided by/(used in) investing activities” were revised by a credit of CHF 2,273 million and “Net cash provided by/(used in) financing activities were revised by a debit of CHF 1,902 million. In aggregate for these matters for the year ended December 31, 2019, “Net cash provided by/(used in) operating activities” were revised by a debit of CHF 979 million, “Net cash provided by/(used in) investing activities” were revised by a credit of CHF 1,045 million and “Net cash provided by/(used in) financing activities were revised by a debit of CHF 66 million.
Pensions and other post-retirement benefits	Pension and other post-retirement benefits Credit Suisse sponsors a Group defined benefit pension plan in Switzerland that covers eligible employees of the Bank domiciled in Switzerland. The Bank also has single-employer defined benefit pension plans and defined contribution pension plans in Switzerland and other countries around the world. For the Bank’s participation in the Group defined benefit pension plan, no retirement benefit obligation is recognized in the consolidated balance sheets of the Bank and defined contribution accounting is applied, as the Bank is not the sponsoring entity of the Group plan. For single-employer defined benefit plans, the Bank uses the projected unit credit actuarial method to determine the present value of its projected benefit obligations (PBO) and the current and past service costs or credits related to its defined benefit and other post-retirement benefit plans. The measurement date used to perform the actuarial valuation is December 31 and is performed by independent qualified actuaries. > Refer to “Pension and other post-retirement benefits” in VI – Consolidated financial statements – Credit Suisse Group – Note 1 – Summary of significant accounting policies for further information.
Own shares, own bonds and financial instruments on own shares	Own shares, own bonds and financial instruments on Group shares The Bank’s shares are wholly owned by Credit Suisse Group AG and are not subject to trading. The Bank may buy and sell Credit Suisse Group AG shares (Group shares) and Group bonds, own bonds and financial instruments on Group shares within its normal trading and market-making activities. In addition, the Bank may hold Group shares to economically hedge commitments arising from employee share-based compensation awards. Group shares are reported as trading assets, unless those shares are held to economically hedge share award obligations. Hedging shares are reported as treasury shares, resulting in a reduction to total shareholder’s equity. Financial instruments on Group shares are recorded as assets or liabilities and carried at fair value. Dividends received on Group shares and unrealized and realized gains and losses on Group shares are recorded according to the classification of the shares as trading assets or treasury shares. Purchases of bonds originally issued by the Bank are recorded as an extinguishment of debt.

Business developments (Tables)

Business developments (Tables)	12 Months Ended
	Dec. 31, 2021
Schedule of significant registered shareholders	Significant shareholders registered in the share register 2021 2020 Number Total nominal Share- Number Total nominal Share- Direct shareholders 1 Chase Nominees Ltd. 2 304 12 11.48 323 13 13.21 Nortrust Nominees Ltd. 2 197 8 7.42 184 7 7.53 The Bank of New York Mellon 2 139 6 5.25 – – – 3 1 As registered in the share register of the Group on December 31 of the reporting period; includes shareholders registered as nominees. 2 Nominee holdings exceeding 2% are registered with a right to vote only if the nominee confirms that no individual shareholder holds more than 0.5% of the outstanding share capital or if the nominee discloses the identity of any beneficial owner holding more than 0.5% of the outstanding capital. 3 Participation was lower than the disclosure threshold of 5%.

Segment information (Tables)

Segment information (Tables)	12 Months Ended
	Dec. 31, 2021
Net revenues and income/(loss) from continuing operations before taxes and total assets by segment	Net revenues and income/(loss) before taxes in 2021 2020 2019 Net revenues (CHF million) Swiss Universal Bank 5,801 5,615 5,905 International Wealth Management 3,462 3,747 4,181 Asia Pacific 3,242 3,155 3,029 Asset Management 1,456 1,090 1,635 Investment Bank 8,888 9,098 8,161 Corporate Center (153) (316) (427) Net revenues 22,696 22,389 22,484 Income/(loss) before taxes (CHF million) Swiss Universal Bank 2,729 2,104 2,573 International Wealth Management 976 1,091 1,586 Asia Pacific 994 828 922 Asset Management 300 (39) 479 Investment Bank (3,703) 1,655 1,026 Corporate Center (1,896) (2,172) (1,866) Income/(loss) before taxes (600) 3,467 4,720 Total assets end of 2021 2020 Total assets (CHF million) Swiss Universal Bank 263,797 261,465 International Wealth Management 88,715 91,503 Asia Pacific 67,395 67,356 Asset Management 3,393 3,703 Investment Bank 211,802 271,976 Corporate Center 120,731 122,962 Total assets 755,833 818,965
Net revenues and income/(loss) from continuing operations before taxes and total assets by geographic location	Net revenues and income/(loss) before taxes by geographical location in 2021 2020 2019 Net revenues (CHF million) Switzerland 7,285 7,719 8,434 EMEA 3,524 3,885 1,962 Americas 8,827 7,614 9,103 Asia Pacific 3,060 3,171 2,985 Net revenues 22,696 22,389 22,484 Income/(loss) before taxes (CHF million) Switzerland 257 1,770 2,985 EMEA (4,929) (124) (1,786) Americas 3,781 1,577 3,409 Asia Pacific 291 244 112 Income/(loss) before taxes (600) 3,467 4,720 The designation of net revenues and income/(loss) before taxes is based on the location of the office recording the transactions. This presentation does not reflect the way the Group is managed. Total assets by geographical location end of 2021 2020 Total assets (CHF million) Switzerland 256,261 262,034 EMEA 163,659 159,661 Americas 249,656 300,762 Asia Pacific 86,257 96,508 Total assets 755,833 818,965 The designation of total assets by region is based upon customer domicile.
Bank
Net revenues and income/(loss) from continuing operations before taxes and total assets by segment	Net revenues and income/(loss) before taxes in 2021 2020 2019 Net revenues (CHF million) Swiss Universal Bank 5,801 5,615 5,905 International Wealth Management 3,462 3,747 4,181 Asia Pacific 3,242 3,155 3,029 Asset Management 1,456 1,090 1,635 Investment Bank 8,888 9,098 8,161 Adjustments 1 193 (202) (225) Net revenues 23,042 22,503 22,686 Income/(loss) before taxes (CHF million) Swiss Universal Bank 2,729 2,104 2,573 International Wealth Management 976 1,091 1,586 Asia Pacific 994 828 922 Asset Management 300 (39) 479 Investment Bank (3,703) 1,655 1,026 Adjustments 1 (1,387) (2,428) (2,193) Income/(loss) before taxes (91) 3,211 4,393 1 Adjustments represent certain consolidating entries and balances, including those relating to items that are managed but are not legally owned by the Bank and vice versa, and certain revenues and expenses that were not allocated to the segments, including such items relating to the Asset Resolution Unit. Total assets end of 2021 2020 Total assets (CHF million) Swiss Universal Bank 263,797 261,465 International Wealth Management 88,715 91,503 Asia Pacific 67,395 67,356 Asset Management 3,393 3,703 Investment Bank 211,802 271,976 Adjustments 1 124,112 126,828 Total assets 759,214 822,831 1 Adjustments represent certain consolidating entries and balances, including those relating to items that are managed but are not legally owned by the Bank and vice versa, and certain revenues and expenses that were not allocated to the segments, including such items relating to the Asset Resolution Unit.
Net revenues and income/(loss) from continuing operations before taxes and total assets by geographic location	Net revenues and income/(loss) before taxes by geographical location in 2021 2020 2019 Net revenues (CHF million) Switzerland 8,382 8,659 9,239 EMEA 2,916 3,162 1,244 Americas 8,896 7,765 9,253 Asia Pacific 2,848 2,917 2,950 Net revenues 23,042 22,503 22,686 Income/(loss) before taxes (CHF million) Switzerland 1,659 2,477 3,259 EMEA (5,554) (847) (2,574) Americas 3,574 1,419 3,348 Asia Pacific 230 162 360 Income/(loss) before taxes (91) 3,211 4,393 The designation of net revenues and income/(loss) before taxes is based on the location of the office recording the transactions. This presentation does not reflect the way the Bank is managed. Total assets by geographical location end of 2021 2020 Total assets (CHF million) Switzerland 259,874 266,095 EMEA 163,539 159,465 Americas 249,680 300,783 Asia Pacific 86,121 96,488 Total assets 759,214 822,831 The designation of total assets by region is based upon customer domicile.

Net interest income (Tables)

Net interest income (Tables)	12 Months Ended
	Dec. 31, 2021
Net interest income	in 2021 2020 2019 Net interest income (CHF million) Loans 5,049 5,733 7,179 Investment securities 1 3 9 Trading assets, net of trading liabilities 1 2,838 3,158 3,827 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 1,172 1,596 2,926 Other 598 771 2,730 Interest and dividend income 9,658 11,261 16,671 Deposits (159) (1,113) (3,055) Short-term borrowings (86) (166) (409) Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions (812) (907) (1,668) Long-term debt (2,518) (2,753) (3,412) Other (272) (374) (1,110) Interest expense (3,847) (5,313) (9,654) Net interest income 5,811 5,948 7,017 1 Interest and dividend income is presented on a net basis to align with the presentation of trading revenues for trading assets and liabilities.
Bank
Net interest income	in 2021 2020 2019 Net interest income (CHF million) Loans 4,993 5,694 7,173 Investment securities 1 3 9 Trading assets, net of trading liabilities 1 2,839 3,158 3,828 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 1,172 1,596 2,926 Other 588 769 2,731 Interest and dividend income 9,593 11,220 16,667 Deposits (151) (1,107) (3,055) Short-term borrowings 3 (170) (422) Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions (812) (908) (1,669) Long-term debt (2,437) (2,702) (3,361) Other (271) (373) (1,111) Interest expense (3,668) (5,260) (9,618) Net interest income 5,925 5,960 7,049 1 Interest and dividend income is presented on a net basis to align with the presentation of trading revenues for trading assets and liabilities.

Commissions and fees (Tables)

Commissions and fees (Tables)	12 Months Ended
	Dec. 31, 2021
Commissions and fees	in 2021 2020 2019 Commissions and fees (CHF million) Lending business 1,877 1,631 1,687 Investment and portfolio management 3,497 3,187 3,438 Other securities business 56 66 63 Fiduciary business 3,553 3,253 3,501 Underwriting 2,493 2,255 1,564 Brokerage 3,069 3,244 2,893 Underwriting and brokerage 5,562 5,499 4,457 Other services 2,173 1,470 1,513 Commissions and fees 13,165 11,853 11,158
Bank
Commissions and fees	in 2021 2020 2019 Commissions and fees (CHF million) Lending business 1,870 1,612 1,663 Investment and portfolio management 3,401 3,087 3,295 Other securities business 59 73 89 Fiduciary business 3,460 3,160 3,384 Underwriting 2,560 2,348 1,602 Brokerage 3,088 3,246 2,900 Underwriting and brokerage 5,648 5,594 4,502 Other services 2,202 1,484 1,522 Commissions and fees 13,180 11,850 11,071

Trading revenues (Tables)

Trading revenues (Tables)	12 Months Ended
	Dec. 31, 2021
Trading revenues	in 2021 2020 2019 Trading revenues (CHF million) Interest rate products 1,286 (1) 96 Foreign exchange products 1,585 2,473 668 Equity/index-related products 1,390 422 1,071 Credit products (1,826) 192 (513) Commodity and energy products (12) 132 144 Other products 8 77 273 Trading revenues 2,431 3,295 1,739 Represents revenues on a product basis which are not representative of business results within segments, as segment results utilize financial instruments across various product types.
Bank
Trading revenues	in 2021 2020 2019 Trading revenues (CHF million) Interest rate products 1,257 (91) 67 Foreign exchange products 1,580 2,482 656 Equity/index-related products 1,365 387 1,146 Credit products (1,826) 192 (513) Commodity and energy products (12) 132 144 Other products 7 76 273 Trading revenues 2,371 3,178 1,773 Represents revenues on a product basis which are not representative of business results within segments, as segment results utilize financial instruments across various product types.

Other revenues (Tables)

Other revenues (Tables)	12 Months Ended
	Dec. 31, 2021
Other revenues	in 2021 2020 2019 Other revenues (CHF million) Noncontrolling interests without SEI 2 0 0 Loans held-for-sale (90) (34) (14) Long-lived assets held-for-sale 232 26 252 Equity method investments 60 (254) 232 Other investments 253 769 1,141 Other 832 786 959 Other revenues 1,289 1,293 2,570
Bank
Other revenues	in 2021 2020 2019 Other revenues (CHF million) Loans held-for-sale (90) (34) (14) Long-lived assets held-for-sale 232 26 252 Equity method investments 60 (255) 230 Other investments 256 769 1,142 Other 1,108 1,009 1,183 Other revenues 1,566 1,515 2,793

Provision for credit losses (Ta

Provision for credit losses (Tables)	12 Months Ended
	Dec. 31, 2021
Provision for credit losses	in 2021 2020 2019 Provision for credit losses (CHF million) Loans held at amortized cost (23) 863 284 Other financial assets held at amortized cost 4,291 1 24 11 Off-balance sheet credit exposures (63) 209 29 Provision for credit losses 4,205 1,096 324 1 Primarily reflects a provision for credit losses of CHF 4,307 million related to Archegos.
Bank
Provision for credit losses	in 2021 2020 2019 Provision for credit losses (CHF million) Loans held at amortized cost (23) 863 284 Other financial assets held at amortized cost 4,295 1 19 11 Off-balance sheet credit exposures (63) 210 29 Provision for credit losses 4,209 1,092 324 1 Primarily reflects a provision for credit losses of CHF 4,307 million related to Archegos.

Compensation and benefits (Tabl

Compensation and benefits (Tables)	12 Months Ended
	Dec. 31, 2021
Compensation and benefits	in 2021 2020 2019 Compensation and benefits (CHF million) Salaries and variable compensation 7,533 8,401 8,608 Social security 622 653 642 Other 1 808 836 786 Compensation and benefits 8,963 9,890 10,036 1 Includes pension-related expenses of CHF 503 million, CHF 517 million and CHF 437 million in 2021, 2020 and 2019, respectively, relating to service costs for defined benefit pension plans and employer contributions for defined contribution plans.
Bank
Compensation and benefits	in 2021 2020 2019 Compensation and benefits (CHF million) Salaries and variable compensation 6,730 7,521 7,733 Social security 530 559 554 Other 1 751 780 818 Compensation and benefits 8,011 8,860 9,105 1 Includes pension-related expenses of CHF 497 million, CHF 503 million and CHF 502 million in 2021, 2020 and 2019, respectively, relating to service costs for defined benefit pension plans and employer contributions for defined contribution pension plans.

General and administrative ex_2

General and administrative expenses (Tables)	12 Months Ended
	Dec. 31, 2021
General and administrative expenses	in 2021 2020 2019 General and administrative expenses (CHF million) Occupancy expenses 979 982 1,090 IT, machinery and equipment 1,549 1,428 1,343 Provisions and losses 1,491 1,261 640 Travel and entertainment 149 152 337 Professional services 1,996 1,546 1,712 Communication and market data services 520 512 522 Amortization and impairment of other intangible assets 8 8 10 Other 1 467 634 474 General and administrative expenses 7,159 6,523 6,128 1 Includes pension-related expenses/(credits) of CHF (166) (159) (204)
Bank
General and administrative expenses	in 2021 2020 2019 General and administrative expenses (CHF million) Occupancy expenses 893 883 990 IT, machinery and equipment 1,218 1,129 1,066 Provisions and losses 1,489 1,253 639 Travel and entertainment 127 134 303 Professional services 3,625 3,025 3,132 Communication and market data services 458 458 465 Amortization and impairment of other intangible assets 8 8 10 Other 1 763 1,072 983 General and administrative expenses 8,581 7,962 7,588 1 Includes pension-related expenses/(credits) of CHF 10 million, CHF 0 and CHF 10 million in 2021, 2020 and 2019, respectively, relating to certain components of net periodic benefit costs for defined benefit plans.

Restructuring expenses (Tables)

Restructuring expenses (Tables)	12 Months Ended
	Dec. 31, 2021
Restructuring and Related Costs [Table Text Block]	Restructuring expenses by type in 2021 2020 Restructuring expenses by type (CHF million) Compensation and benefits-related expenses 45 107 of which severance expenses 25 69 of which accelerated deferred compensation 20 38 General and administrative-related expenses 58 50 of which pension expenses (11) 38 Total restructuring expenses 103 157
Restructuring Provisions [Table Text Block]	Restructuring liabilities 2021 2020 2019 Compen- General and Compen- General and Compen- General and Restructuring liabilities (CHF million) Balance at beginning of period 50 2 52 – – – 156 190 346 Net additional charges 1 25 37 62 69 6 75 – – – Reclassifications (22) (3) (25) 2 – – – (156) 3 (190) 4 (346) Utilization (34) (36) (70) (19) (4) (23) – – – Balance at end of period 19 0 19 50 2 52 – – – 1 The following items for which expense accretion was accelerated in 2021 and 2020 due to the restructuring of the Group are not included in the restructuring liabilities: unsettled share-based compensation of CHF 13 million and CHF 27 million, respectively, which remain classified as a component of total shareholders' equity; unsettled pension obligations of CHF (11) 2 Reclassified within other liabilities. 3 In 2019, CHF 97 million was transferred to right-of-use assets in accordance with ASU 2016-02 and CHF 59 million to other liabilities. 4 In 2019, CHF 167 million was transferred to right-of-use assets in accordance with ASU 2016-02 and CHF 23 million to other liabilities.
Bank
Restructuring and Related Costs [Table Text Block]	Restructuring expenses by type in 2021 2020 Restructuring expenses by type (CHF million) Compensation and benefits-related expenses 45 102 of which severance expenses 26 66 of which accelerated deferred compensation 19 36 General and administrative-related expenses 68 20 of which pension expenses 4 8 Total restructuring expenses 113 122
Restructuring Provisions [Table Text Block]	Restructuring liabilities 2021 2020 2019 Compen- General and Compen- General and Compen- General and Restructuring liabilities (CHF million) Balance at beginning of period 47 2 49 – – – 152 190 342 Net additional charges 1 26 32 58 66 6 72 – – – Reclassifications (22) (3) (25) 2 – – – (152) 3 (190) 4 (342) Utilization (32) (31) (63) (19) (4) (23) – – – Balance at end of period 19 0 19 47 2 49 – – – 1 The following items for which expense accretion was accelerated in 2021 and 2020 due to the restructuring of the Bank are not included in the restructuring provision: unsettled share-based compensation of CHF 13 million and CHF 25 million, respectively; unsettled pension obligations of CHF 4 million and CHF 8 million, respectively, which remain classified as pension provisions; unsettled cash-based deferred compensation of CHF 7 million and CHF 11 million, respectively, which remain classified as compensation liabilities; and accelerated accumulated depreciation and impairment of CHF 31 million and CHF 6 million, respectively, which remain classified as premises and equipment. The settlement date for the unsettled share-based compensation remains unchanged at three years. 2 Reclassified within other liabilities. 3 In 2019, CHF 97 million was transferred to litigation provisions and CHF 55 million was transferred to other liabilities. 4 In 2019, CHF 167 million was transferred to right-of-use assets in accordance with ASU 2016-02 and CHF 23 million to other liabilities.

Earnings per share (Tables)

Earnings per share (Tables)	12 Months Ended
	Dec. 31, 2021
Earnings per share	in 2021 2020 2019 Basic net income/(loss) attributable to shareholders (CHF million) Net income/(loss) attributable to shareholders for basic earnings per share (1,650) 2,669 3,419 Available for common shares (1,650) 2,669 3,419 Net income/(loss) attributable to shareholders for diluted earnings per share (1,650) 2,669 3,419 Available for common shares (1,650) 2,669 3,419 Weighted-average shares outstanding (million) For basic earnings per share available for common shares 2,460.5 2,457.0 2,524.2 Dilutive share options and warrants 0.0 1.8 2.7 Dilutive share awards 0.0 67.6 59.9 For diluted earnings per share available for common shares 1 2,460.5 2 2,526.4 2,586.8 Weighted-average shares outstanding for basic/diluted earnings per share available for mandatory convertible notes 106.6 – – Earnings/(loss) per share available for common shares (CHF) Basic earnings/(loss) per share available for common shares (0.67) 1.09 1.35 Diluted earnings/(loss) per share available for common shares (0.67) 1.06 1.32 1 Weighted-average potential common shares relating to instruments that were not dilutive for the respective periods (and therefore not included in the diluted earnings per share calculation above) but could potentially dilute earnings per share in the future were 10.2 million, 6.2 million and 7.9 million for 2021, 2020 and 2019, respectively. 2 Due to the net loss in 2021, 0.7 million of weighted-average share options and warrants outstanding and 76.5 million of weighted-average share awards outstanding were excluded from the diluted earnings per share calculation, as the effect would be antidilutive.

Revenue from contracts with c_2

Revenue from contracts with customers (Tables)	12 Months Ended
	Dec. 31, 2021
Contract with Customer, Asset and Liability [Table Text Block]	Contracts with customers and disaggregation of revenues in 2021 2020 2019 Contracts with customers (CHF million) Investment and portfolio management 3,497 3,187 3,438 Other securities business 56 66 63 Underwriting 2,493 2,255 1,564 Brokerage 3,067 3,242 2,891 Other services 2,161 1,475 1,521 Total revenues from contracts with customers 11,274 10,225 9,477
Revenue from External Customers by Products and Services [Table Text Block]	Contract balances end of 2021 2020 Contract balances (CHF million) Contract receivables 865 1,001 Contract liabilities 55 48 Contract balances in 4Q21 3Q21 2Q21 1Q21 Revenue recognized (CHF million) Revenue recognized in the reporting period included in the contract liabilities balance at the beginning of period 9 10 18 8
Bank
Contract with Customer, Asset and Liability [Table Text Block]	Contracts with customers and disaggregation of revenues in 2021 2020 2019 Contracts with customers (CHF million) Investment and portfolio management 3,401 3,087 3,295 Other securities business 61 73 89 Underwriting 2,560 2,348 1,602 Brokerage 3,087 3,243 2,898 Other services 2,244 1,566 1,611 Total revenues from contracts with customers 11,353 10,317 9,495
Revenue from External Customers by Products and Services [Table Text Block]	Contract balances end of 2021 2020 Contract balances (CHF million) Contract receivables 865 993 Contract liabilities 55 48 Contract balances in 4Q21 3Q21 2Q21 1Q21 Revenue recognized (CHF million) Revenue recognized in the reporting period included in the contract liabilities balance at the beginning of period 9 10 18 8

Securities borrowed, lent and_2

Securities borrowed, lent and subject to repurchase agreements (Tables)	12 Months Ended
	Dec. 31, 2021
Securities borrowed, lent and subject to repurchase agreements	end of 2021 2020 Securities borrowed or purchased under agreements to resell (CHF million) Central bank funds sold and securities purchased under resale agreements 65,017 53,910 Deposits paid for securities borrowed 38,889 38,366 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 103,906 92,276 Securities lent or sold under agreements to repurchase (CHF million) Central bank funds purchased and securities sold under repurchase agreements 19,591 19,736 Deposits received for securities lent 15,683 17,258 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 35,274 36,994
Bank
Securities borrowed, lent and subject to repurchase agreements	end of 2021 2020 Securities borrowed or purchased under agreements to resell (CHF million) Central bank funds sold and securities purchased under resale agreements 65,017 53,910 Deposits paid for securities borrowed 38,889 38,366 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 103,906 92,276 Securities lent or sold under agreements to repurchase (CHF million) Central bank funds purchased and securities sold under repurchase agreements 19,685 19,829 Deposits received for securities lent 15,683 17,258 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 35,368 37,087

Trading assets and liabilities

Trading assets and liabilities (Tables)	12 Months Ended
	Dec. 31, 2021
Trading assets and liabilities	end of 2021 2020 Trading assets (CHF million) Debt securities 54,198 64,395 Equity securities 36,546 63,237 Derivative instruments 1 17,559 25,531 Other 2,838 4,175 Trading assets 111,141 157,338 Trading liabilities (CHF million) Short positions 16,689 28,126 Derivative instruments 1 10,846 17,745 Trading liabilities 27,535 45,871 1 Amounts shown after counterparty and cash collateral netting.
Cash collateral receivables and payables	end of 2021 2020 Cash collateral on derivatives instruments – netted (CHF million) 1 Cash collateral paid 17,869 26,815 Cash collateral received 12,056 16,795 Cash collateral on derivatives instruments – not netted (CHF million) 2 Cash collateral paid 7,659 7,741 Cash collateral received 5,533 7,831 1 Recorded as cash collateral netting on derivative instruments in Note 28 – Offsetting of financial assets and financial liabilities. 2 Recorded as cash collateral on derivative instruments in Note 23 – Other assets and other liabilities.
Bank
Trading assets and liabilities	end of 2021 2020 Trading assets (CHF million) Debt securities 54,297 64,532 Equity securities 36,606 63,273 Derivative instruments 1 17,559 25,531 Other 2,837 4,175 Trading assets 111,299 157,511 Trading liabilities (CHF million) Short positions 16,693 28,126 Derivative instruments 1 10,846 17,745 Trading liabilities 27,539 45,871 1 Amounts shown after counterparty and cash collateral netting.
Cash collateral receivables and payables	end of 2021 2020 Cash collateral on derivative instruments – netted (CHF million) 1 Cash collateral paid 17,869 26,885 Cash collateral received 12,056 16,795 Cash collateral on derivative instruments – not netted (CHF million) 2 Cash collateral paid 7,659 7,741 Cash collateral received 5,533 7,831 1 Recorded as cash collateral netting on derivative instruments in Note 27 – Offsetting of financial assets and financial liabilities. 2 Recorded as cash collateral on derivative instruments in Note 22 – Other assets and other liabilities.

Investment securities (Tables)

Investment securities (Tables)	12 Months Ended
	Dec. 31, 2021
Investment securities	end of 2021 2020 Investment securities (CHF million) Debt securities available-for-sale 1,005 607 Total investment securities 1,005 607
Investment securities by type	Investment securities by type 2021 2020 Gross Gross Gross Gross Investment securities by type (CHF million) Swiss federal, cantonal or local government entities 2 0 0 2 3 0 0 3 Corporate debt securities 1,011 0 8 1,003 593 11 0 604 Debt securities available-for-sale 1,013 0 8 1,005 596 11 0 607
Gross unrealized losses on investment securities and the related fair value	Gross unrealized losses on debt securities and the related fair value Less than 12 months 12 months or more Total Gross Gross Gross 2021 (CHF million) Corporate debt securities 683 8 0 0 683 8 Debt securities available-for-sale 683 8 0 0 683 8
Proceeds from sales, realized gains and realized losses from available-for-sale securities	Proceeds from sales, realized gains and realized losses from debt securities available-for-sale in 2021 2020 2019 Sales of debt securities available-for-sale (CHF million) Proceeds from sales 0 629 6 Realized gains 0 42 0
Amortized cost, fair value and average yield of debt securities	Amortized cost, fair value and average yield of debt securities Average 2021 (CHF million, except where indicated) Due within 1 year 154 154 0.03 Due from 1 to 5 years 95 95 0.05 Due from 5 to 10 years 764 756 0.07 Debt securities available-for-sale 1,013 1,005 0.06
Bank
Investment securities	end of 2021 2020 Investment securities (CHF million) Debt securities available-for-sale 1,003 605 Total investment securities 1,003 605
Investment securities by type	Investment securities by type 2021 2020 Gross Gross Gross Gross Investment securities by type (CHF million) Swiss federal, cantonal or local government entities 0 0 0 0 1 0 0 1 Corporate debt securities 1,011 0 8 1,003 594 10 0 604 Debt securities available-for-sale 1,011 0 8 1,003 595 10 0 605
Proceeds from sales, realized gains and realized losses from available-for-sale securities	Gross unrealized losses on debt securities and related fair value Less than 12 months 12 months or more Total Gross Gross Gross 2021 (CHF million) Corporate debt securities 683 8 0 0 683 8 Debt securities available-for-sale 683 8 0 0 683 8 Proceeds from sales, realized gains and realized losses from debt securities available-for-sale in 2021 2020 Sales of debt securities available-for-sale (CHF million) Proceeds from sales 0 629 Realized gains 0 42 Amortized cost, fair value and average yield of debt securities Average Due within 1 year 154 154 0.03 Due from 1 to 5 years 93 93 0.02 Due from 5 to 10 years 764 756 0.07 Debt securities available-for-sale 1,011 1,003 0.06

Other investments (Tables)

Other investments (Tables)	12 Months Ended
	Dec. 31, 2021
Other investments	end of 2021 2020 Other investments (CHF million) Equity method investments 1,644 2,631 Equity securities (without a readily determinable fair value) 1 3,317 1,779 of which at net asset value 54 113 of which at measurement alternative 347 359 of which at fair value 2,869 1,278 of which at cost less impairment 47 29 Real estate held-for-investment 2 76 82 Life finance instruments 3 789 920 Total other investments 5,826 5,412 1 Includes private equity, hedge funds and restricted stock investments as well as certain investments in non-marketable mutual funds for which the Group has neither significant influence nor control over the investee. 2 As of the end of 2021 and 2020, real estate held for investment included foreclosed or repossessed real estate of CHF 9 million and CHF 16 million, respectively, of which CHF 6 million and CHF 13 million, respectively, were related to residential real estate. 3 Includes single premium immediate annuity contracts.
Impairments and adjustments on equity securities at measurement alternative	Equity securities at measurement alternative in / end of 2021 Cumulative 2020 Impairments and adjustments (CHF million) Impairments and downward adjustments (17) (42) (17) Upward adjustments 1 138 137
Bank
Other investments	end of 2021 2020 Other investments (CHF million) Equity method investments 1,636 2,624 Equity securities (without a readily determinable fair value) 1 3,315 1,776 of which at net asset value 53 111 of which at measurement alternative 345 357 of which at fair value 2,869 1,278 of which at cost less impairment 48 30 Real estate held-for-investment 2 48 59 Life finance instruments 3 789 920 Total other investments 5,788 5,379 1 Includes private equity, hedge funds and restricted stock investments as well as certain investments in non-marketable mutual funds for which the Bank has neither significant influence nor control over the investee. 2 As of the end of 2021 and 2020, real estate held for investment included foreclosed or repossessed real estate of CHF 9 million and CHF 16 million, respectively, of which CHF 6 million and CHF 13 million, respectively, were related to residential real estate. 3 Includes single premium immediate annuity contracts.
Impairments and adjustments on equity securities at measurement alternative	Equity securities at measurement alternative in / end of 2021 Cumulative 2020 Impairments and adjustments (CHF million) Impairments and downward adjustments (17) (42) (17) Upward adjustments 1 138 137

Loans, allowance for loan los_2

Loans, allowance for loan losses and credit quality (Tables)	12 Months Ended
	Dec. 31, 2021
Loans	Loans end of 2021 2020 Loans (CHF million) Mortgages 1 110,533 109,067 Loans collateralized by securities 1 51,253 51,028 Consumer finance 1 5,075 4,437 Consumer 166,861 164,532 Real estate 28,529 29,045 Commercial and industrial loans 69,129 74,097 Financial institutions 1 25,222 22,487 Governments and public institutions 3,323 3,378 Corporate & institutional 126,203 129,007 Gross loans 293,064 293,539 of which held at amortized cost 282,821 282,131 of which held at fair value 10,243 11,408 Net (unearned income)/deferred expenses (81) (95) Allowance for credit losses (1,297) (1,536) Net loans 291,686 291,908 Gross loans by location Switzerland 167,957 168,589 Foreign 125,107 124,950 Gross loans 293,064 293,539 Impaired loans Non-performing loans 1,666 1,666 Non-interest-earning loans 298 375 Non-accrual loans 1,964 2,041 Restructured loans 367 313 Potential problem loans 436 843 Other impaired loans 803 1,156 Gross impaired loans 2 2,767 3,197 1 Certain consumer loans have been reclassified to corporate & institutional loans following the application of a look-through approach with regard to beneficial owners. The prior period has been reclassified to conform to the current presentation. 2 As of December 31, 2021 and 2020, CHF 130 million and CHF 180 million, respectively, were related to consumer mortgages secured by residential real estate for which formal foreclosure proceedings according to local requirements of the applicable jurisdiction were in process.
Bank
Loans	Loans end of 2021 2020 Loans (CHF million) Mortgages 1 110,533 109,067 Loans collateralized by securities 1 51,253 51,028 Consumer finance 1 5,075 4,437 Consumer 166,861 164,532 Real estate 28,529 29,045 Commercial and industrial loans 69,756 74,700 Financial institutions 1 33,266 30,316 Governments and public institutions 3,323 3,378 Corporate & institutional 134,874 137,439 Gross loans 301,735 301,971 of which held at amortized cost 291,492 290,563 of which held at fair value 10,243 11,408 Net (unearned income)/deferred expenses (81) (95) Allowance for credit losses (1,296) (1,535) Net loans 300,358 300,341 Gross loans by location Switzerland 175,903 176,312 Foreign 125,832 125,659 Gross loans 301,735 301,971 Impaired loans Non-performing loans 1,666 1,666 Non-interest-earning loans 286 363 Non-accrual loans 1,952 2,029 Restructured loans 367 313 Potential problem loans 436 843 Other impaired loans 803 1,156 Gross impaired loans 2 2,755 3,185 1 Certain consumer loans have been reclassified to corporate & institutional loans following the application of a look-through approach with regard to beneficial owners. The prior period has been reclassified to conform to the current presentation. 2 As of December 31, 2021 and 2020, CHF 130 million and CHF 180 million, respectively, were related to consumer mortgages secured by residential real estate for which formal foreclosure proceedings according to local requirements of the applicable jurisdiction were in process.

CECL - Financial instruments _2

CECL - Financial instruments measured at amortized cost and credit losses (Tables)	12 Months Ended
	Dec. 31, 2021
Financial instruments measured at amortized costs	Overview of financial instruments measured at amortized cost – by balance sheet position 2021 2020 1 Allowance Net 1 Allowance Net CHF million Cash and due from banks 164,510 0 164,510 138,593 (6) 138,587 Interest-bearing deposits with banks 1,323 2 0 1,323 1,303 4 (5) 1,298 Securities purchased under resale agreements and securities borrowing transactions 35,283 2 0 35,283 34,282 0 34,282 Loans 282,740 2,3 (1,297) 281,443 282,036 4,5 (1,536) 280,500 Brokerage receivables 20,873 2 (4,186) 16,687 35,942 4 (1) 35,941 Other assets 14,175 (30) 14,145 15,394 (43) 15,351 Total 518,904 (5,513) 513,391 507,550 (1,591) 505,959 1 Net of unearned income/deferred expenses, as applicable. 2 Excludes accrued interest in the total amount of CHF 301 million, with no related allowance for credit losses. Of the accrued interest balance, CHF 1 million relates to interest-bearing deposits with banks, CHF 1 million to securities purchased under resale agreements and securities borrowing transactions, CHF 295 million to loans and CHF 4 million to brokerage receivables. These accrued interest balances are reported in other assets. 3 Includes endangered interest of CHF 86 million on non-accrual loans which are reported as part of the loans' amortized cost balance. 4 Excludes accrued interest in the total amount of CHF 351 million, with no related allowance for credit losses. Of the accrued interest balance, CHF 1 million relates to interest-bearing deposits with banks, CHF 334 million to loans and CHF 16 million to brokerage receivables. These accrued interest balances are reported in other assets. 5 Includes endangered interest of CHF 88 million on non-accrual loans which are reported as part of the loans' amortized cost balance.
Allowance for credit losses - loans held at amortized cost	Allowance for credit losses – loans held at amortized cost 2021 2020 2019 1 Corporate & Corporate & Corporate & Allowance for credit losses (CHF million) Balance at beginning of period 318 1,218 1,536 241 808 1,049 2 187 715 902 Current-period provision for expected credit losses 78 (53) 25 191 709 900 63 221 284 of which methodology changes 0 (1) (1) 0 (19) (19) – – – of which provisions for interest 3 25 23 48 22 15 37 – – – Gross write-offs (55) (242) (297) (87) (238) (325) (86) (213) (299) Recoveries 9 5 14 8 5 13 9 16 25 Net write-offs (46) (237) (283) (79) (233) (312) (77) (197) (274) Provisions for interest – – – – – – 14 28 42 Foreign currency translation impact and other adjustments, net 7 12 19 (35) (66) (101) (1) (7) (8) Balance at end of period 357 940 1,297 318 1,218 1,536 186 760 946 of which individually evaluated 273 512 785 230 636 866 145 464 609 of which collectively evaluated 84 428 512 88 582 670 41 296 337 1 Measured under the previous accounting guidance (incurred loss model). 2 Includes a net impact of CHF 103 million from the adoption of the new CECL guidance and the related election of the fair value option for certain loans on January 1, 2020, of which CHF 55 million is reflected in consumer loans and CHF 48 million in corporate & institutional loans. 3 Represents the current-period net provision for accrued interest on non-accrual loans and lease financing transactions which is recognized as a reversal of interest income.
Purchases, reclassifications and sales - loans held at amortized cost	Purchases, reclassifications and sales – loans held at amortized cost 2021 2020 2019 Corporate & Corporate & Corporate & CHF million Purchases 1 22 4,361 4,383 45 2,756 2,801 18 2,478 2,496 Reclassifications from loans held-for-sale 2 0 133 133 0 6 6 0 11 11 Reclassifications to loans held-for-sale 3 0 4,780 4,780 18 2,007 2,025 0 3,138 3,138 Sales 3 0 4,442 4,442 18 1,626 1,644 0 3,001 3,001 Reclassifications from loans held-for-sale and reclassifications to loans held-for-sale represent non-cash transactions. 1 Includes drawdowns under purchased loan commitments. 2 Includes loans previously reclassified to held-for-sale that were not sold and were reclassified back to loans held-to-maturity. 3 All loans held at amortized cost which are sold are reclassified to loans held-for-sale on or prior to the date of the sale.
CECL Macro economic factors	Selected macroeconomic factors 2021 2020 Forecast Forecast Forecast Forecast Swiss real GDP growth rate (%) Downside (0.4) 0.3 0.1 0.8 Baseline 2.5 1.9 3.6 2.8 Upside 4.3 2.8 5.4 4.5 Eurozone real GDP growth rate (%) Downside (0.7) 1.4 0.3 2.8 Baseline 3.8 2.3 4.6 3.2 Upside 4.2 2.7 7.8 3.9 US real GDP growth rate (%) Downside 0.1 1.4 0.5 2.0 Baseline 3.8 1.9 3.6 4.1 Upside 4.5 2.4 5.2 5.1 UK real GDP growth rate (%) Downside (0.9) 1.0 1.5 2.2 Baseline 5.0 3.3 6.4 4.0 Upside 7.8 3.9 10.9 5.7 World industrial production (%) Downside 0.0 2.0 2.4 2.9 Baseline 3.0 3.0 5.5 4.3 Upside 4.4 3.7 8.6 5.9 Forecasts represent the rolling 4-quarter average estimate of the respective macroeconomic factor as determined at the end of each reporting period.
Allowance for Credit Losses on Other Financing Instruments [Table Text Block]	Allowance for credit losses – other financial assets held at amortized cost 2021 2020 Allowance for credit losses (CHF million) Balance at beginning of period 55 45 Current-period provision for expected credit losses 4,291 24 Gross write-offs (9) (12) Recoveries 0 2 Net write-offs (9) (10) Foreign currency translation impact and other adjustments, net (121) (4) Balance at end of period 4,216 55 of which individually evaluated 4,202 17 of which collectively evaluated 14 38
Loans held at amortized cost by internal counterparty rating	Consumer loans held at amortized cost by internal counterparty rating 2021 2020 Investment Non-investment Investment Non-investment end of AAA to BBB BB to C D Total AAA to BBB BB to C D Total CHF million Mortgages 1 2021 / 2020 24,257 2,134 40 26,431 17,454 1,653 3 19,110 2020 / 2019 14,743 1,402 13 16,158 13,936 1,459 26 15,421 2019 / 2018 11,308 1,639 48 12,995 10,187 929 58 11,174 2018 / 2017 7,287 812 88 8,187 7,061 857 44 7,962 2017 / 2016 5,318 698 74 6,090 10,789 914 76 11,779 Prior years 36,790 2,359 317 39,466 39,471 2,854 216 42,541 Total term loans 99,703 9,044 580 109,327 98,898 8,666 423 107,987 Revolving loans 276 930 0 1,206 528 548 4 1,080 Total 99,979 9,974 580 110,533 99,426 9,214 427 109,067 Loans collateralized by securities 1 2021 / 2020 2,627 685 0 3,312 1,031 1,519 149 2,699 2020 / 2019 649 848 0 1,497 995 324 0 1,319 2019 / 2018 61 167 0 228 483 64 0 547 2018 / 2017 32 26 106 164 61 41 0 102 2017 / 2016 55 19 0 74 200 127 0 327 Prior years 804 681 0 1,485 562 622 0 1,184 Total term loans 4,228 2,426 106 6,760 3,332 2,697 149 6,178 Revolving loans 2 41,275 3,063 155 44,493 41,715 3,031 104 44,850 Total 45,503 5,489 261 51,253 45,047 5,728 253 51,028 Consumer finance 1 2021 / 2020 1,688 823 5 2,516 1,282 675 5 1,962 2020 / 2019 538 288 15 841 518 385 22 925 2019 / 2018 285 234 19 538 249 219 23 491 2018 / 2017 98 169 18 285 80 154 17 251 2017 / 2016 21 75 13 109 16 57 10 83 Prior years 13 76 43 132 12 89 41 142 Total term loans 2,643 1,665 113 4,421 2,157 1,579 118 3,854 Revolving loans 348 21 90 459 328 88 81 497 Total 2,991 1,686 203 4,880 2,485 1,667 199 4,351 Consumer – total 2021 / 2020 28,572 3,642 45 32,259 19,767 3,847 157 23,771 2020 / 2019 15,930 2,538 28 18,496 15,449 2,168 48 17,665 2019 / 2018 11,654 2,040 67 13,761 10,919 1,212 81 12,212 2018 / 2017 7,417 1,007 212 8,636 7,202 1,052 61 8,315 2017 / 2016 5,394 792 87 6,273 11,005 1,098 86 12,189 Prior years 37,607 3,116 360 41,083 40,045 3,565 257 43,867 Total term loans 106,574 13,135 799 120,508 104,387 12,942 690 118,019 Revolving loans 41,899 4,014 245 46,158 42,571 3,667 189 46,427 Total 148,473 17,149 1,044 166,666 146,958 16,609 879 164,446 1 Certain consumer loans have been reclassified to corporate & institutional loans following the application of a look-through approach with regard to beneficial owners. The prior period has been reclassified to conform to the current presentation. 2 Lombard loans are generally classified as revolving loans. Corporate & institutional loans held at amortized cost by internal counterparty rating 2021 2020 Investment Non-investment Investment Non-investment end of AAA to BBB BB to C D Total AAA to BBB BB to C D Total CHF million Real estate 2021 / 2020 9,568 4,682 2 14,252 6,054 2,792 106 8,952 2020 / 2019 3,709 1,355 5 5,069 2,902 1,611 0 4,513 2019 / 2018 1,849 706 2 2,557 1,849 1,133 24 3,006 2018 / 2017 925 340 1 1,266 1,033 346 72 1,451 2017 / 2016 475 101 0 576 1,591 285 25 1,901 Prior years 2,469 376 30 2,875 5,982 1,105 33 7,120 Total term loans 18,995 7,560 40 26,595 19,411 7,272 260 26,943 Revolving loans 778 297 135 1,210 1,027 172 69 1,268 Total 19,773 7,857 175 27,805 20,438 7,444 329 28,211 Commercial and industrial loans 2021 / 2020 8,284 11,985 136 20,405 7,724 11,621 310 19,655 2020 / 2019 3,242 4,468 62 7,772 3,851 6,411 133 10,395 2019 / 2018 2,110 3,903 105 6,118 1,781 4,321 247 6,349 2018 / 2017 1,003 2,256 177 3,436 964 1,981 60 3,005 2017 / 2016 697 937 60 1,694 809 1,248 22 2,079 Prior years 2,013 2,848 90 4,951 2,830 3,837 128 6,795 Total term loans 17,349 26,397 630 44,376 17,959 29,419 900 48,278 Revolving loans 13,941 7,458 372 21,771 12,913 8,908 464 22,285 Total 31,290 33,855 1,002 66,147 30,872 38,327 1,364 70,563 Financial institutions 1 2021 / 2020 6,360 2,012 51 8,423 5,363 964 43 6,370 2020 / 2019 2,081 201 30 2,312 2,134 304 39 2,477 2019 / 2018 660 127 1 788 1,061 453 9 1,523 2018 / 2017 522 151 1 674 124 92 0 216 2017 / 2016 87 19 0 106 199 102 20 321 Prior years 499 85 1 585 770 41 2 813 Total term loans 10,209 2,595 84 12,888 9,651 1,956 113 11,720 Revolving loans 7,542 485 1 8,028 5,754 426 1 6,181 Total 17,751 3,080 85 20,916 15,405 2,382 114 17,901 Governments and public institutions 2021 / 2020 521 26 0 547 174 33 0 207 2020 / 2019 157 114 0 271 135 20 10 165 2019 / 2018 94 19 19 132 80 0 0 80 2018 / 2017 46 11 0 57 35 0 0 35 2017 / 2016 28 0 0 28 74 1 0 75 Prior years 199 21 0 220 388 41 0 429 Total term loans 1,045 191 19 1,255 886 95 10 991 Revolving loans 32 0 0 32 19 0 0 19 Total 1,077 191 19 1,287 905 95 10 1,010 Corporate & institutional – total 2021 / 2020 24,733 18,705 189 43,627 19,315 15,410 459 35,184 2020 / 2019 9,189 6,138 97 15,424 9,022 8,346 182 17,550 2019 / 2018 4,713 4,755 127 9,595 4,771 5,907 280 10,958 2018 / 2017 2,496 2,758 179 5,433 2,156 2,419 132 4,707 2017 / 2016 1,287 1,057 60 2,404 2,673 1,636 67 4,376 Prior years 5,180 3,330 121 8,631 9,970 5,024 163 15,157 Total term loans 47,598 36,743 773 85,114 47,907 38,742 1,283 87,932 Revolving loans 22,293 8,240 508 31,041 19,713 9,506 534 29,753 Total 69,891 44,983 1,281 116,155 67,620 48,248 1,817 117,685 1 Certain consumer loans have been reclassified to corporate & institutional loans following the application of a look-through approach with regard to beneficial owners. The prior period has been reclassified to conform to the current presentation. Total loans held at amortized cost by internal counterparty rating 2021 2020 Investment Non-investment Investment Non-investment end of AAA to BBB BB to C D Total AAA to BBB BB to C D Total CHF million Loans held at amortized cost – total 2021 / 2020 53,305 22,347 234 75,886 39,082 19,257 616 58,955 2020 / 2019 25,119 8,676 125 33,920 24,471 10,514 230 35,215 2019 / 2018 16,367 6,795 194 23,356 15,690 7,119 361 23,170 2018 / 2017 9,913 3,765 391 14,069 9,358 3,471 193 13,022 2017 / 2016 6,681 1,849 147 8,677 13,678 2,734 153 16,565 Prior years 42,787 6,446 481 49,714 50,015 8,589 420 59,024 Total term loans 154,172 49,878 1,572 205,622 152,294 51,684 1,973 205,951 Revolving loans 64,192 12,254 753 77,199 62,284 13,173 723 76,180 Total 218,364 62,132 2,325 282,821 2 214,578 64,857 2,696 282,131 1 1 Excludes accrued interest on loans held at amortized cost of CHF 295 million and CHF 334 million as of December 31, 2021 and 2020, respectively.
Other Financial Assets Credit Quality Indicators [Table Text Block]	Other financial assets held at amortized cost by internal counterparty rating 2021 2020 Investment Non-investment Investment Non-investment end of AAA to BBB BB to C D Total AAA to BBB BB to C D Total CHF million Other financial assets held at amortized cost 2021 / 2020 0 5 0 5 0 0 0 0 2019 / 2018 0 0 0 0 0 70 0 70 2018 / 2017 0 63 0 63 0 2 0 2 2017 / 2016 0 2 0 2 0 4 0 4 Prior years 0 2 0 2 0 0 0 0 Total term positions 0 72 0 72 0 76 0 76 Revolving positions 0 970 0 970 0 934 0 934 Total 0 1,042 0 1,042 0 1,010 0 1,010 Includes primarily mortgage servicing advances and failed purchases.
Past Due Financing Receivables [Table Text Block]	Loans held at amortized cost – past due Current Past due Up to 31–60 61–90 More than 2021 (CHF million) Mortgages 109,877 123 73 61 399 656 110,533 Loans collateralized by securities 51,069 42 0 0 142 184 51,253 Consumer finance 4,449 144 70 60 157 431 4,880 Consumer 165,395 309 143 121 698 1,271 166,666 Real estate 27,628 6 4 0 167 177 27,805 Commercial and industrial loans 65,327 166 13 12 629 820 66,147 Financial institutions 20,807 60 7 1 41 109 20,916 Governments and public institutions 1,252 16 0 0 19 35 1,287 Corporate & institutional 115,014 248 24 13 856 1,141 116,155 Total loans held at amortized cost 280,409 557 167 134 1,554 2,412 282,821 1 2020 (CHF million) Mortgages 2 108,544 63 68 34 358 523 109,067 Loans collateralized by securities 2 50,907 17 0 0 104 121 51,028 Consumer finance 2 3,916 149 68 47 171 435 4,351 Consumer 163,367 229 136 81 633 1,079 164,446 Real estate 28,070 50 3 11 77 141 28,211 Commercial and industrial loans 69,227 3 622 26 6 682 1,336 3 70,563 Financial institutions 2 17,720 48 15 72 46 181 17,901 Governments and public institutions 969 37 4 0 0 41 1,010 Corporate & institutional 115,986 757 48 89 805 1,699 117,685 Total loans held at amortized cost 279,353 986 184 170 1,438 2,778 282,131 1 1 Excludes accrued interest on loans held at amortized cost of CHF 295 million and CHF 334 million as of December 31, 2021 and 2020, respectively. 2 Certain consumer loans have been reclassified to corporate & institutional loans following the application of a look-through approach with regard to beneficial owners. The prior period has been reclassified to conform to the current presentation. 3 Prior period has been revised.
Past due loans, held at amortized cost [Table Text Block]	Non-accrual loans held at amortized cost 2021 2020 Amortized Amortized CHF million Mortgages 418 572 2 111 337 418 3 60 Loans collateralized by securities 105 262 8 2 122 105 1 0 Consumer finance 201 205 3 1 168 201 3 1 Consumer 724 1,039 13 114 627 724 7 61 Real estate 324 167 6 0 155 324 8 27 Commercial and industrial loans 925 698 11 96 682 925 38 4 Financial institutions 68 41 0 0 46 68 0 8 Governments and public institutions 0 19 0 0 0 0 0 0 Corporate & institutional 1,317 925 17 96 883 1,317 46 39 Total loans held at amortized cost 2,041 1,964 30 210 1,510 2,041 53 100
Restructured financing receivables held at amortized cost	Restructured financing receivables held at amortized cost 2021 2020 2019 Recorded Recorded Recorded Recorded Recorded Recorded CHF million, except where indicated Mortgages 0 0 0 0 0 0 1 7 7 Loans collateralized by securities 1 33 25 3 165 165 0 0 0 Real estate 1 2 2 0 0 0 0 0 0 Commercial and industrial loans 18 402 394 17 127 95 25 172 161 Financial institutions 1 44 44 0 0 0 0 0 0 Total loans 21 481 465 20 292 260 26 179 168
Restructured financing receivables held at amortized cost that defaulted within 12 months from restructuring	Restructured financing receivables held at amortized cost that defaulted within 12 months from restructuring 2021 2020 2019 Number of Recorded Number of Recorded Number of Recorded CHF million, except where indicated Mortgages 0 0 0 0 1 13 Loans collateralized by securities 3 156 0 0 0 0 Commercial and industrial loans 1 14 4 13 1 2 Total loans 4 170 4 13 2 15
Bank
Financial instruments measured at amortized costs	Overview of financial instruments measured at amortized cost – by balance sheet position 2021 2020 1 Allowance Net 1 Allowance Net CHF million Cash and due from banks 163,718 0 163,718 137,683 (1) 137,682 Interest-bearing deposits with banks 1,256 2 0 1,256 1,235 4 (5) 1,230 Securities purchased under resale agreements and securities borrowing transactions 35,283 2 0 35,283 34,282 0 34,282 Loans 291,411 2,3 (1,296) 290,115 290,468 4,5 (1,535) 288,933 Brokerage receivables 20,875 2 (4,186) 16,689 35,944 4 (1) 35,943 Other assets 14,226 (28) 14,198 15,540 (41) 15,499 Total 526,769 (5,510) 521,259 515,152 (1,583) 513,569 1 Net of unearned income/deferred expenses, as applicable. 2 Excludes accrued interest in the total amount of CHF 301 million, with no 3 Includes endangered interest of CHF 85 million on non-accrual loans which are reported as part of the loans' amortized cost balance. 4 Excludes accrued interest in the total amount of CHF 351 million, with no 5 Includes endangered interest of CHF 87 million on non-accrual loans which are reported as part of the loans' amortized cost balance.
Allowance for credit losses - loans held at amortized cost	Allowance for credit losses – loans held at amortized cost 2021 2020 2019 1 Corporate & Corporate & Corporate & CHF million Balance at beginning of period 318 1,217 1,535 241 807 1,048 2 187 714 901 Current-period provision for expected credit losses 78 (53) 25 191 709 900 63 221 284 of which methodology changes 0 (1) (1) 0 (19) (19) – – – of which provisions for interest 3 25 23 48 22 15 37 – – – Gross write-offs (55) (242) (297) (87) (238) (325) (86) (213) (299) Recoveries 9 5 14 8 5 13 9 16 25 Net write-offs (46) (237) (283) (79) (233) (312) (77) (197) (274) Provisions for interest 3 – – – – – – 14 28 42 Foreign currency translation impact and other adjustments, net 7 12 19 (35) (66) (101) (1) (7) (8) Balance at end of period 357 939 1,296 318 1,217 1,535 186 759 945 of which individually evaluated 273 512 785 230 635 865 145 463 608 of which collectively evaluated 84 427 511 88 582 670 41 296 337 1 Measured under the previous accounting guidance (incurred loss model). 2 Includes a net impact of CHF 103 million from the adoption of the new CECL guidance and the related election of the fair value option for certain loans on January 1, 2020, of which CHF 55 million reflected in consumer loans and CHF 48 million in corporate & institutional loans. 3 Represents the current-period net provision for accrued interest on non-accrual loans and lease financing transactions which is recognized as a reversal of interest income.
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Table Text Block]	Purchases, reclassifications and sales – loans held at amortized cost 2021 2020 2019 Corporate & Corporate & Corporate & CHF million Purchases 1 22 4,361 4,383 45 2,756 2,801 18 2,478 2,496 Reclassifications from loans held-for-sale 2 0 133 133 0 6 6 0 11 11 Reclassifications to loans held-for-sale 3 0 4,780 4,780 18 2,007 2,025 0 3,138 3,138 Sales 3 0 4,442 4,442 18 1,626 1,644 0 3,001 3,001 Reclassifications from loans held-for-sale and reclassifications to loans held-for-sale represent non-cash transactions. 1 Includes drawdowns under purchased loan commitments. 2 Includes loans previously reclassified to held-for-sale that were not sold and were reclassified back to loans held-to-maturity. 3 All loans held at amortized cost which are sold are reclassified to loans held-for-sale on or prior to the date of the sale.
Allowance for Credit Losses on Other Financing Instruments [Table Text Block]	Allowance for credit losses – other financial assets held at amortized cost 2021 2020 CHF million Balance at beginning of period 48 43 Current-period provision for expected credit losses 4,295 19 Gross write-offs (8) (12) Recoveries 0 2 Net write-offs (8) (10) Foreign currency translation impact and other adjustments, net (121) (4) Balance at end of period 4,214 48 of which individually evaluated 4,200 15 of which collectively evaluated 14 33
Loans held at amortized cost by internal counterparty rating	Consumer loans held at amortized cost by internal counterparty rating 2021 2020 Investment Non-investment Investment Non-investment end of AAA to BBB BB to C D Total AAA to BBB BB to C D Total CHF million Mortgages 1 2021 / 2020 24,257 2,134 40 26,431 17,454 1,653 3 19,110 2020 / 2019 14,743 1,402 13 16,158 13,936 1,459 26 15,421 2019 / 2018 11,308 1,639 48 12,995 10,187 929 58 11,174 2018 / 2017 7,287 812 88 8,187 7,061 857 44 7,962 2017 / 2016 5,318 698 74 6,090 10,789 914 76 11,779 Prior years 36,790 2,359 317 39,466 39,471 2,854 216 42,541 Total term loans 99,703 9,044 580 109,327 98,898 8,666 423 107,987 Revolving loans 276 930 0 1,206 528 548 4 1,080 Total 99,979 9,974 580 110,533 99,426 9,214 427 109,067 Loans collateralized by securities 1 2021 / 2020 2,627 685 0 3,312 1,031 1,519 149 2,699 2020 / 2019 649 848 0 1,497 995 324 0 1,319 2019 / 2018 61 167 0 228 483 64 0 547 2018 / 2017 32 26 106 164 61 41 0 102 2017 / 2016 55 19 0 74 200 127 0 327 Prior years 804 681 0 1,485 562 622 0 1,184 Total term loans 4,228 2,426 106 6,760 3,332 2,697 149 6,178 Revolving loans 2 41,275 3,063 155 44,493 41,715 3,031 104 44,850 Total 45,503 5,489 261 51,253 45,047 5,728 253 51,028 Consumer finance 1 2021 / 2020 1,688 823 5 2,516 1,282 675 5 1,962 2020 / 2019 538 288 15 841 518 385 22 925 2019 / 2018 285 234 19 538 249 219 23 491 2018 / 2017 98 169 18 285 80 154 17 251 2017 / 2016 21 75 13 109 16 57 10 83 Prior years 13 76 43 132 12 89 41 142 Total term loans 2,643 1,665 113 4,421 2,157 1,579 118 3,854 Revolving loans 348 21 90 459 328 88 81 497 Total 2,991 1,686 203 4,880 2,485 1,667 199 4,351 Consumer – total 2021 / 2020 28,572 3,642 45 32,259 19,767 3,847 157 23,771 2020 / 2019 15,930 2,538 28 18,496 15,449 2,168 48 17,665 2019 / 2018 11,654 2,040 67 13,761 10,919 1,212 81 12,212 2018 / 2017 7,417 1,007 212 8,636 7,202 1,052 61 8,315 2017 / 2016 5,394 792 87 6,273 11,005 1,098 86 12,189 Prior years 37,607 3,116 360 41,083 40,045 3,565 257 43,867 Total term loans 106,574 13,135 799 120,508 104,387 12,942 690 118,019 Revolving loans 41,899 4,014 245 46,158 42,571 3,667 189 46,427 Total 148,473 17,149 1,044 166,666 146,958 16,609 879 164,446 1 Certain consumer loans have been reclassified to corporate & institutional loans following the application of a look-through approach with regard to beneficial owners. The prior period has been reclassified to conform to the current presentation. 2 Lombard loans are generally classified as revolving loans. Corporate & institutional loans held at amortized cost by internal counterparty rating 2021 2020 Investment Non-investment Investment Non-investment end of AAA to BBB BB to C D Total AAA to BBB BB to C D Total CHF million Real estate 2021 / 2020 9,568 4,682 2 14,252 6,054 2,792 106 8,952 2020 / 2019 3,709 1,355 5 5,069 2,902 1,611 0 4,513 2019 / 2018 1,849 706 2 2,557 1,849 1,133 24 3,006 2018 / 2017 925 340 1 1,266 1,033 346 72 1,451 2017 / 2016 475 101 0 576 1,591 285 25 1,901 Prior years 2,469 376 30 2,875 5,982 1,105 33 7,120 Total term loans 18,995 7,560 40 26,595 19,411 7,272 260 26,943 Revolving loans 778 297 135 1,210 1,027 172 69 1,268 Total 19,773 7,857 175 27,805 20,438 7,444 329 28,211 Commercial and industrial loans 2021 / 2020 8,284 11,985 136 20,405 7,724 11,621 310 19,655 2020 / 2019 3,242 4,468 62 7,772 3,851 6,411 133 10,395 2019 / 2018 2,110 3,903 105 6,118 1,781 4,321 247 6,349 2018 / 2017 1,003 2,256 177 3,436 964 1,981 60 3,005 2017 / 2016 697 937 60 1,694 809 1,248 22 2,079 Prior years 2,013 2,848 78 4,939 2,830 3,837 116 6,783 Total term loans 17,349 26,397 618 44,364 17,959 29,419 888 48,266 Revolving loans 13,941 7,458 372 21,771 12,913 8,908 464 22,285 Total 31,290 33,855 990 66,135 30,872 38,327 1,352 70,551 Financial institutions 1 2021 / 2020 6,360 2,012 51 8,423 5,363 964 43 6,370 2020 / 2019 2,081 201 30 2,312 2,134 304 39 2,477 2019 / 2018 660 127 1 788 1,061 453 9 1,523 2018 / 2017 522 151 1 674 124 92 0 216 2017 / 2016 87 19 0 106 199 102 20 321 Prior years 499 85 1 585 770 41 2 813 Total term loans 10,209 2,595 84 12,888 9,651 1,956 113 11,720 Revolving loans 7,542 485 1 8,028 5,754 426 1 6,181 Total 17,751 3,080 85 20,916 15,405 2,382 114 17,901 Governments and public institutions 2021 / 2020 521 26 0 547 174 33 0 207 2020 / 2019 157 114 0 271 135 20 10 165 2019 / 2018 94 19 19 132 80 0 0 80 2018 / 2017 46 11 0 57 35 0 0 35 2017 / 2016 28 0 0 28 74 1 0 75 Prior years 199 21 0 220 388 41 0 429 Total term loans 1,045 191 19 1,255 886 95 10 991 Revolving loans 32 0 0 32 19 0 0 19 Total 1,077 191 19 1,287 905 95 10 1,010 Corporate & institutional – total 2021 / 2020 24,733 18,705 189 43,627 19,315 15,410 459 35,184 2020 / 2019 9,189 6,138 97 15,424 9,022 8,346 182 17,550 2019 / 2018 4,713 4,755 127 9,595 4,771 5,907 280 10,958 2018 / 2017 2,496 2,758 179 5,433 2,156 2,419 132 4,707 2017 / 2016 1,287 1,057 60 2,404 2,673 1,636 67 4,376 Prior years 5,180 3,330 109 8,619 9,970 5,024 151 15,145 Total term loans 47,598 36,743 761 85,102 47,907 38,742 1,271 87,920 Revolving loans 22,293 8,240 508 31,041 19,713 9,506 534 29,753 Total 69,891 44,983 1,269 116,143 67,620 48,248 1,805 117,673 1 Certain consumer loans have been reclassified to corporate & institutional loans following the application of a look-through approach with regard to beneficial owners. The prior period has been reclassified to conform to the current presentation. Total loans held at amortized cost by internal counterparty rating 2021 2020 Investment Non-investment Investment Non-investment end of AAA to BBB BB to C D Total AAA to BBB BB to C D Total CHF million Loans held at amortized cost – total 2021 / 2020 53,305 22,347 234 75,886 39,082 19,257 616 58,955 2020 / 2019 25,119 8,676 125 33,920 24,471 10,514 230 35,215 2019 / 2018 16,367 6,795 194 23,356 15,690 7,119 361 23,170 2018 / 2017 9,913 3,765 391 14,069 9,358 3,471 193 13,022 2017 / 2016 6,681 1,849 147 8,677 13,678 2,734 153 16,565 Prior years 42,787 6,446 469 49,702 50,015 8,589 408 59,012 Total term loans 154,172 49,878 1,560 205,610 152,294 51,684 1,961 205,939 Revolving loans 64,192 12,254 753 77,199 62,284 13,173 723 76,180 Total loans to third parties 218,364 62,132 2,313 282,809 214,578 64,857 2,684 282,119 Total loans to entities under common control 8,683 0 0 8,683 8,444 0 0 8,444 Total 227,047 62,132 2,313 291,492 1 223,022 64,857 2,684 290,563 1 1 Excludes accrued interest on loans held at amortized cost of CHF 295 million and CHF 334 million as of December 31, 2021 and 2020, respectively.
Other Financial Assets Credit Quality Indicators [Table Text Block]	Other financial assets held at amortized cost by internal counterparty rating 2021 2020 Investment Non-investment Investment Non-investment end of AAA to BBB BB to C D Total AAA to BBB BB to C D Total CHF million Other financial assets held at amortized cost 2021 / 2020 0 5 0 5 0 0 0 0 2019 / 2018 0 0 0 0 0 70 0 70 2018 / 2017 0 63 0 63 0 2 0 2 2017 / 2016 0 2 0 2 0 4 0 4 Prior years 0 2 0 2 0 0 0 0 Total term positions 0 72 0 72 0 76 0 76 Revolving positions 0 970 0 970 0 934 0 934 Total 0 1,042 0 1,042 0 1,010 0 1,010 Includes primarily mortgage servicing advances and failed purchases.
Past Due Financing Receivables [Table Text Block]	Loans held at amortized cost – past due Current Past due Up to 31–60 61–90 More than 2021 (CHF million) Mortgages 109,877 123 73 61 399 656 110,533 Loans collateralized by securities 51,069 42 0 0 142 184 51,253 Consumer finance 4,449 144 70 60 157 431 4,880 Consumer 165,395 309 143 121 698 1,271 166,666 Real estate 27,628 6 4 0 167 177 27,805 Commercial and industrial loans 65,327 166 13 12 617 808 66,135 Financial institutions 20,807 60 7 1 41 109 20,916 Governments and public institutions 1,252 16 0 0 19 35 1,287 Corporate & institutional 115,014 248 24 13 844 1,129 116,143 Total loans to third parties 280,409 557 167 134 1,542 2,400 282,809 Total loans to entities under common control 8,683 0 0 0 0 0 8,683 Total loans held at amortized cost 289,092 557 167 134 1,542 2,400 291,492 1 2020 (CHF million) Mortgages 2 108,544 63 68 34 358 523 109,067 Loans collateralized by securities 2 50,907 17 0 0 104 121 51,028 Consumer finance 2 3,916 149 68 47 171 435 4,351 Consumer 163,367 229 136 81 633 1,079 164,446 Real estate 28,070 50 3 11 77 141 28,211 Commercial and industrial loans 69,227 3 622 26 6 670 1,324 3 70,551 Financial institutions 2 17,720 48 15 72 46 181 17,901 Governments and public institutions 969 37 4 0 0 41 1,010 Corporate & institutional 115,986 757 48 89 793 1,687 117,673 Total loans to third parties 279,353 986 184 170 1,426 2,766 282,119 Total loans to entities under common control 8,444 0 0 0 0 0 8,444 Total loans held at amortized cost 287,797 986 184 170 1,426 2,766 290,563 1 1 Excludes accrued interest on loans held at amortized cost of CHF 295 million and CHF 334 million as of December 31, 2021 and 2020, respectively. 2 Certain consumer loans have been reclassified to corporate & institutional loans following the application of a look-through approach with regard to beneficial owners. The prior period has been reclassified to conform to the current presentation. 3 Prior period has been revised.
Past due loans, held at amortized cost [Table Text Block]	Non-accrual loans held at amortized cost 2021 2020 Amortized Amortized CHF million Mortgages 418 572 2 111 337 418 3 60 Loans collateralized by securities 105 262 8 2 122 105 1 0 Consumer finance 201 205 3 1 168 201 3 1 Consumer 724 1,039 13 114 627 724 7 61 Real estate 324 167 6 0 155 324 8 27 Commercial and industrial loans 913 686 11 96 670 913 38 4 Financial institutions 68 41 0 0 46 68 0 8 Governments and public institutions 0 19 0 0 0 0 0 0 Corporate & institutional 1,305 913 17 96 871 1,305 46 39 Total loans held at amortized cost 2,029 1,952 30 210 1,498 2,029 53 100
Restructured financing receivables held at amortized cost	Restructured financing receivables held at amortized cost 2021 2020 2019 Recorded Recorded Recorded Recorded Recorded Recorded CHF million, except where indicated Mortgages 0 0 0 0 0 0 1 7 7 Loans collateralized by securities 1 33 25 3 165 165 0 0 0 Real estate 1 2 2 0 0 0 0 0 0 Commercial and industrial loans 18 402 394 17 127 95 25 172 161 Financial institutions 1 44 44 0 0 0 0 0 0 Total loans 21 481 465 20 292 260 26 179 168
Restructured financing receivables held at amortized cost that defaulted within 12 months from restructuring	Restructured financing receivables held at amortized cost that defaulted within 12 months from restructuring 2021 2020 2019 Number of Recorded Number of Recorded Number of Recorded CHF million, except where indicated Mortgages 0 0 0 0 1 13 Loans collateralized by securities 3 156 0 0 0 0 Commercial and industrial loans 1 14 4 13 1 2 Total loans 4 170 4 13 2 15

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2021
Goodwill	Swiss International Credit 1 Gross amount of goodwill (CHF million) Balance at beginning of period 575 284 1,021 1,068 5,357 8,317 Foreign currency translation impact 10 4 22 39 42 117 Other 0 (3) 0 0 0 (3) Balance at end of period 585 285 1,043 1,107 5,399 8,431 Accumulated impairment (CHF million) Balance at beginning of period 0 0 0 0 3,879 3,891 Impairment losses 0 0 103 0 1,520 1,623 Balance at end of period 0 0 103 0 5,399 5,514 Net book value (CHF million) Net book value 585 285 940 1,107 0 2,917 2020 Gross amount of goodwill (CHF million) Balance at beginning of period 607 295 995 1,199 5,446 8,554 Goodwill acquired during the year 0 0 98 9 24 131 Foreign currency translation impact (29) (10) (62) (102) (113) (316) Other (3) (1) (10) (38) 0 (52) Balance at end of period 575 284 1,021 1,068 5,357 8,317 Accumulated impairment (CHF million) Balance at beginning of period 0 0 0 0 3,879 3,891 Balance at end of period 0 0 0 0 3,879 3,891 Net book value (CHF million) Net book value 575 284 1,021 1,068 1,478 4,426 1 Gross amount of goodwill and accumulated impairment include CHF 12 million related to legacy business transferred to the former Strategic Resolution Unit in 4Q15 and fully written off at the time of transfer, in addition to the divisions disclosed.
Bank
Goodwill	Swiss International 1 Gross amount of goodwill (CHF million) Balance at beginning of period 557 276 1,005 1,062 4,734 7,646 Foreign currency translation impact 10 4 25 39 27 105 Other 0 (3) 0 0 0 (3) Balance at end of period 567 277 1,030 1,101 4,761 7,748 Accumulated impairment (CHF million) Balance at beginning of period 0 0 0 0 3,879 3,891 Impairment losses 0 0 94 0 882 976 Balance at end of period 0 0 94 0 4,761 4,867 Net book value (CHF million) Net book value 567 277 936 1,101 0 2,881 2020 Gross amount of goodwill (CHF million) Balance at beginning of period 589 288 986 1,193 4,783 7,851 Goodwill acquired during the year 0 0 98 9 24 131 Foreign currency translation impact (30) (11) (68) (102) (73) (284) Other (2) (1) (11) (38) 0 (52) Balance at end of period 557 276 1,005 1,062 4,734 7,646 Accumulated impairment (CHF million) Balance at beginning of period 0 0 0 0 3,879 3,891 Balance at end of period 0 0 0 0 3,879 3,891 Net book value (CHF million) Net book value 557 276 1,005 1,062 855 3,755 1 Gross amount of goodwill and accumulated impairment include goodwill of CHF 12 million related to legacy business transferred to the former Strategic Resolution Unit in 4Q15 and fully written off at the time of transfer, in addition to the divisions disclosed.

Other intangible assets (Tables

Other intangible assets (Tables)	12 Months Ended
	Dec. 31, 2021
Other intangible assets	2021 2020 Accumu- Accumu- Other intangible assets (CHF million) Trade names/trademarks 25 (25) 0 24 (24) 0 Client relationships 31 (7) 24 30 0 30 Other 5 (3) 2 (3) 4 1 Total amortizing other intangible assets 61 (35) 26 51 (20) 31 Non-amortizing other intangible assets 250 – 250 206 – 206 of which mortgage servicing rights, at fair value 224 – 224 180 – 180 Total other intangible assets 311 (35) 276 257 (20) 237
Additional information	Additional information in 2021 2020 2019 Aggregate amortization and impairment (CHF million) Aggregate amortization 8 6 5 Impairment 0 2 5
Estimated amortization	Estimated amortization Estimated amortization (CHF million) 2022 4 2023 3 2024 3 2025 2 2026 2
Bank
Other intangible assets	2021 2020 Accumu- Accumu- Other intangible assets (CHF million) Trade names/trademarks 25 (25) 0 24 (24) 0 Client relationships 31 (7) 24 30 0 30 Other 5 (3) 2 (3) 3 0 Total amortizing other intangible assets 61 (35) 26 51 (21) 30 Non-amortizing other intangible assets 250 – 250 207 – 207 of which mortgage servicing rights, at fair value 224 – 224 180 – 180 Total other intangible assets 311 (35) 276 258 (21) 237
Additional information	Additional information in 2021 2020 2019 Aggregate amortization and impairment (CHF million) Aggregate amortization 8 6 5 Impairment 0 2 5
Estimated amortization	Estimated amortization Estimated amortization (CHF million) 2022 4 2023 3 2024 3 2025 2 2026 2

Other assets and other liabil_2

Other assets and other liabilities (Tables)	12 Months Ended
	Dec. 31, 2021
Other assets and other liabilities	end of 2021 2020 Other assets (CHF million) Cash collateral on derivative instruments 7,659 7,741 Cash collateral on non-derivative transactions 395 635 Derivative instruments used for hedging 212 131 Assets held-for-sale 8,020 7,077 of which loans 1 7,924 7,046 allowance for loans held-for-sale (44) (48) of which real estate 2 94 27 of which long-lived assets 2 4 Premises and equipment and right-of-use assets 7,305 7,376 Assets held for separate accounts 98 102 Interest and fees receivable 2,884 4,255 Deferred tax assets 3,707 3,667 Prepaid expenses 509 448 of which cloud computing arrangement implementation costs 52 38 Failed purchases 1,307 1,451 Defined benefit pension and post-retirement plan assets 4,215 2,872 Other 4,920 3,882 Other assets 41,231 39,637 1 Included as of December 31, 2021 and 2020 were CHF 391 million and CHF 262 million, respectively, in restricted loans, which represented collateral on secured borrowings. 2 As of December 31, 2021 and 2020, real estate held-for-sale included foreclosed or repossessed real estate of CHF 8 million and CHF 8 million, respectively, of which CHF 8 million and CHF 8 million, respectively, were related to residential real estate. end of 2021 2020 Other liabilities (CHF million) Cash collateral on derivative instruments 5,533 7,831 Cash collateral on non-derivative transactions 528 174 Derivative instruments used for hedging 10 45 Operating leases liabilities 2,591 2,759 Provisions 1,925 2,080 of which expected credit losses on off-balance sheet credit exposure 257 311 Restructuring liabilities 19 52 Liabilities held for separate accounts 98 102 Interest and fees payable 3,969 4,297 Current tax liabilities 685 555 Deferred tax liabilities 754 530 Failed sales 1,736 1,120 Defined benefit pension and post-retirement plan liabilities 353 410 Other 4,443 11,479 Other liabilities 22,644 31,434
Premises, equipment and right-of-use assets	Premises, equipment and right-of-use assets end of 2021 2020 Premises and equipment (CHF million) Buildings and improvements 1,107 1,425 Land 241 291 Leasehold improvements 1,722 1,775 Software 8,146 7,038 Equipment 1,806 1,874 Premises and equipment 13,022 12,403 Accumulated depreciation (8,129) (7,627) Total premises and equipment, net 4,893 4,776 Right-of-use assets (CHF million) Right-of-use assets-operating leases 2,412 2,600 Total premises and equipment and right-of-use assets 7,305 7,376
Depreciation and impairment	Depreciation, amortization and impairment end of 2021 2020 2019 CHF million Depreciation on premises and equipment 1,020 964 939 Impairment on premises and equipment 21 10 3 Amortization and impairment on right-of-use assets 361 331 324
Bank
Other assets and other liabilities	end of 2021 2020 Other assets (CHF million) Cash collateral on derivative instruments 7,659 7,741 Cash collateral on non-derivative transactions 395 635 Derivative instruments used for hedging 212 131 Assets held-for-sale 8,020 7,077 of which loans 1 7,924 7,046 allowance for loans held-for-sale (44) (48) of which real estate 2 94 27 of which long-lived assets 2 4 Premises, equipment and right-of-use assets 6,140 6,213 Assets held for separate accounts 98 102 Interest and fees receivable 2,934 4,397 Deferred tax assets 3,666 3,630 Prepaid expenses 394 367 of which cloud computing arrangement implementation costs 46 32 Failed purchases 1,307 1,451 Defined benefit pension and post-retirement plan assets 974 975 Other 4,916 3,855 Other assets 36,715 36,574 1 Included as of the end of 2021 and 2020 were CHF 391 million and CHF 262 million, respectively, in restricted loans, which represented collateral on secured borrowings. 2 As of the end of 2021 and 2020, real estate held-for-sale included foreclosed or repossessed real estate of CHF 8 million and CHF 8 million, respectively, of which CHF 8 million and CHF 8 million, respectively, were related to residential real estate. end of 2021 2020 Other liabilities (CHF million) Cash collateral on derivative instruments 5,533 7,831 Cash collateral on non-derivative transactions 528 174 Derivative instruments used for hedging 10 45 Operating leases liabilities 1,861 1,981 Provisions 1,912 2,067 of which expected credit losses on off-balance sheet credit exposures 257 311 Restructuring liabilities 19 49 Liabilities held for separate accounts 98 102 Interest and fees payable 3,930 4,397 Current tax liabilities 671 542 Deferred tax liabilities 122 157 Failed sales 1,736 1,120 Defined benefit pension and post-retirement plan liabilities 343 403 Other 4,546 11,472 Other liabilities 21,309 30,340
Premises, equipment and right-of-use assets	Premises, equipment and right-of-use assets end of 2021 2020 Premises and equipment (CHF million) Buildings and improvements 1,084 1,403 Land 241 291 Leasehold improvements 1,578 1,634 Software 7,660 6,663 Equipment 1,004 1,128 Premises and equipment 11,567 11,119 Accumulated depreciation (7,143) (6,761) Total premises and equipment, net 4,424 4,358 Right-of-use assets (CHF million) Operating leases 1,716 1,855 Right-of-use assets 1,716 1,855 Total premises, equipment and right-of-use assets 6,140 6,213
Depreciation and impairment	Depreciation, amortization and impairment end of 2021 2020 2019 CHF million Depreciation on premises and equipment 903 860 844 Impairment on premises and equipment 20 10 3 Amortization and impairment on right-of-use assets 313 284 279

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2021
Lease, Cost [Table Text Block]	Lease costs end of 2021 2020 2019 Lease costs (CHF million) Operating lease costs 357 369 388 Variable lease costs 52 50 40 Sublease income (57) (71) (78) Net lease costs 352 348 350
Lease, Other information pertaining to leases [Table Text Block]	Other information end of 2021 2020 2019 Other information (CHF million) Gains/(losses) on sale and leaseback transactions 225 15 274 Cash paid for amounts included in the measurement of operating lease liabilities recorded in operating cash flows (399) (403) (464) Right-of-use assets obtained in exchange of new operating lease liabilities 1 107 32 102 Changes to right-of-use assets due to lease modifications for operating leases 29 32 221 1 Represents non-cash transactions and includes right-of-use assets relating to changes in classification of scope of variable interest entities.
Lease, Weighted average remaining lease term and discount rate [Table Text Block]	Weighted average remaining lease term and discount rate end of 2021 2020 Operating leases Remaining lease term (years) 11.1 11.9 Discount rate (%) 2.6 2.6
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Maturities relating to operating lease arrangements end of 2021 2020 Maturity (CHF million) Due within 1 year 374 385 Due between 1 and 2 years 339 364 Due between 2 and 3 years 293 323 Due between 3 and 4 years 293 278 Due between 4 and 5 years 255 249 Thereafter 1,450 1,642 Operating lease obligations 3,004 3,241 Future interest payable (413) (482) Operating lease liabilities 2,591 2,759
Lessor, Lease income [Table Text Block]	Lease income end of 2021 2020 2019 Lease income (CHF million) Interest income on sales-type leases 25 19 13 Interest income on direct financing leases 68 74 97 Lease income from operating leases 76 93 103 Variable lease income 1 0 3 Total lease income 170 186 216
Lessor, Net investment in leases [Table Text Block]	Net investments 2021 2020 Sales- Direct Sales- Direct Net investments (CHF million) Lease receivables 1,107 2,395 862 2,299 Unguaranteed residual values 119 80 43 188 Valuation allowances (7) (18) (6) (23) Total net investments 1,219 2,457 899 2,464
Maturities relating to lessor arrangements [Table Text Block]	Maturities relating to lessor arrangements 2021 2020 Sales- Direct Sales- Direct Maturity (CHF million) Due within 1 year 467 727 46 359 755 48 Due between 1 and 2 years 263 641 43 213 620 41 Due between 2 and 3 years 179 583 42 142 514 37 Due between 3 and 4 years 113 458 40 84 402 36 Due between 4 and 5 years 62 125 37 43 125 34 Thereafter 83 31 34 66 48 63 Total 1,167 2,565 242 907 2,464 259 Future interest receivable (60) (170) – (45) (165) – Lease receivables 1,107 2,395 – 862 2,299 –
Bank
Lease, Cost [Table Text Block]	Lease costs end of 2021 2020 2019 Lease costs (CHF million) Operating lease costs 293 305 324 Variable lease costs 50 45 37 Sublease income (75) (87) (95) Total lease costs 268 263 266
Lease, Other information pertaining to leases [Table Text Block]	Other information end of 2021 2020 2019 Other information (CHF million) Gains/(losses) on sale and leaseback transactions 225 15 274 Cash paid for amounts included in the measurement of operating lease liabilities recorded in operating cash flows (334) (340) (400) Right-of-use assets obtained in exchange of new operating lease liabilities 1 107 32 100 Changes to right-of-use assets due to lease modifications for operating leases 29 26 214 1 Represents non-cash transactions and includes right-of-use assets relating to changes in classification of scope of variable interest entities.
Lease, Weighted average remaining lease term and discount rate [Table Text Block]	Weighted average remaining lease term and discount rate end of 2021 2020 Operating leases Remaining lease term (years) 9.6 10.4 Discount rate (%) 2.8 2.9
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Maturities relating to operating lease arrangements end of 2021 2020 Maturity (CHF million) Due within 1 year 309 320 Due between 1 and 2 years 278 299 Due between 2 and 3 years 234 262 Due between 3 and 4 years 234 219 Due between 4 and 5 years 197 190 Thereafter 919 1,054 Operating lease obligations 2,171 2,344 Future interest payable (310) (363) Operating lease liabilities 1,861 1,981
Lessor, Lease income [Table Text Block]	Lease income end of 2021 2020 2019 Lease income (CHF million) Interest income on sales-type leases 25 19 13 Interest income on direct financing leases 68 74 97 Lease income from operating leases 93 107 119 Variable lease income 1 0 3 Total lease income 187 200 232
Lessor, Net investment in leases [Table Text Block]	Net investments 2021 2020 Sales- Direct Sales- Direct Net investments (CHF million) Lease receivables 1,107 2,395 862 2,299 Unguaranteed residual assets 119 80 43 188 Valuation allowances (7) (18) (6) (23) Total net investments 1,219 2,457 899 2,464
Maturities relating to lessor arrangements [Table Text Block]	Maturities relating to lessor arrangements 2021 2020 Sales- Direct Sales- Direct Maturity (CHF million) Due within 1 year 467 727 61 359 755 63 Due between 1 and 2 years 263 641 59 213 620 57 Due between 2 and 3 years 179 583 59 142 514 53 Due between 3 and 4 years 113 458 56 84 402 52 Due between 4 and 5 years 62 125 54 43 125 50 Thereafter 83 31 177 66 48 217 Total 1,167 2,565 466 907 2,464 492 Future interest receivable (60) (170) – (45) (165) – Lease receivables 1,107 2,395 – 862 2,299 –

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2021
Deposits	2021 2020 Switzer- Switzer- Deposits (CHF million) Non-interest-bearing demand deposits 2,703 2,556 5,259 3,231 3,085 6,316 Interest-bearing demand deposits 152,993 47,200 200,193 144,709 41,995 186,704 Savings deposits 60,027 8,474 68,501 62,769 8,764 71,533 Time deposits 35,602 102,229 137,831 1 26,864 115,927 142,791 1 Total deposits 251,325 160,459 411,784 2 237,573 169,771 407,344 2 of which due to banks – – 18,965 – – 16,423 of which customer deposits – – 392,819 – – 390,921 The designation of deposits in Switzerland versus foreign deposits is based upon the location of the office where the deposit is recorded. 1 Included uninsured time deposits of CHF 128,526 million and CHF 136,687 million as of December 31, 2021 and 2020, respectively, which are in excess of any country-specific insurance limit or which are not covered by an insurance regime. 2 Not included as of December 31, 2021 and 2020 were CHF 86 million and CHF 106 million, respectively, of overdrawn deposits reclassified as loans.
Bank
Deposits	2021 2020 Switzer- Switzer- Deposits (CHF million) Non-interest-bearing demand deposits 2,703 2,557 5,260 3,231 3,097 6,328 Interest-bearing demand deposits 153,611 47,415 201,026 145,296 42,172 187,468 Savings deposits 60,027 8,474 68,501 62,769 8,764 71,533 Time deposits 35,775 102,239 138,014 1 27,188 115,942 143,130 1 Total deposits 252,116 160,685 412,801 2 238,484 169,975 408,459 2 of which due to banks – – 18,960 – – 16,420 of which customer deposits – – 393,841 – – 392,039 The designation of deposits in Switzerland versus foreign deposits is based upon the location of the office where the deposit is recorded. 1 Included uninsured time deposits of CHF 128,714 million and CHF 136,687 million as of December 31, 2021 and 2020, respectively, which are in excess of any country-specific insurance limit or which are not covered by an insurance regime. 2 Not included as of December 31, 2021 and 2020 were CHF 86 million and CHF 106 million, respectively, of overdrawn deposits reclassified as loans.

Long-term debt (Tables)

Long-term debt (Tables)	12 Months Ended
	Dec. 31, 2021
Long-term debt	end of 2021 2020 Long-term debt (CHF million) Senior 141,402 133,056 Subordinated 24,103 26,285 Non-recourse liabilities from consolidated VIEs 1,391 1,746 Long-term debt 166,896 161,087 of which reported at fair value 68,722 70,976 of which structured notes 43,126 47,039
Schedule of Structured notes	end of 2021 2020 Structured notes by product (CHF million) Equity 28,681 29,907 Fixed income 11,678 13,882 Credit 2,363 2,881 Other 404 369 Total structured notes 43,126 47,039
Long-term debt by maturities	Long-term debt by maturities end of 2022 2023 2024 2025 2026 Thereafter Total Group parent company (CHF million) Senior debt Fixed rate 0 5,683 1,262 7,376 5,240 22,475 42,036 Variable rate 0 548 1,766 0 1,560 0 3,874 Interest rate (range in %) 1 – 0.6 – 3.8 1.0 – 4.2 1.3 – 3.8 0.5 – 4.6 0.6 – 5.4 – Subordinated debt Fixed rate 1,406 4,348 3,250 2,022 1,717 3,631 16,374 Interest rates (range in %) 1 7.1 3.9 – 7.5 3.5 – 6.3 3.0 – 7.3 6.4 4.5 – 5.3 – Subtotal – Group parent company 1,406 10,579 6,278 9,398 8,517 26,106 62,284 Subsidiaries (CHF million) Senior debt Fixed rate 4,129 4,878 4,739 4,566 5,712 14,010 38,034 Variable rate 15,708 11,665 7,757 4,777 3,932 13,619 57,458 Interest rates (range in %) 1 0.0 – 9.7 0.1 – 2.2 0.0 – 3.6 0.0 – 3.5 0.1 – 3.3 0.0 – 7.1 – Subordinated debt Fixed rate 4,907 2,397 29 33 50 127 7,543 Variable rate 186 0 0 0 0 0 186 Interest rates (range in %) 1 0.9 – 3.8 0.0 – 6.5 5.7 0.0 – 5.9 5.9 5.7 – 7.2 – Non-recourse liabilities from consolidated VIEs Fixed rate 133 123 0 217 0 0 473 Variable rate 14 6 2 0 9 2 0 889 918 Interest rates (range in %) 1 0.0 – 2.9 – – – – 0.0 – 10.6 – Subtotal – Subsidiaries 25,077 19,069 12,525 9,602 9,694 28,645 104,612 Total long-term debt 26,483 29,648 18,803 19,000 18,211 54,751 166,896 of which structured notes 11,346 7,764 4,625 3,628 2,954 12,809 43,126 The maturity of perpetual debt is based on the earliest callable date. The maturity of all other debt is based on contractual maturity and includes certain structured notes that have mandatory early redemption features based on stipulated movements in markets or the occurrence of a market event. Within this population there are approximately CHF 2.7 billion of such notes with a contractual maturity of greater than one year that have an observable likelihood of redemption occurring within one year based on a modelling assessment. 1 Excludes structured notes for which fair value has been elected as the related coupons are dependent upon the embedded derivatives and prevailing market conditions at the time each coupon is paid. 2 Reflects equity linked notes, where the payout is not fixed.
Bank
Long-term debt	end of 2021 2020 Long-term debt (CHF million) Senior 95,468 94,768 Subordinated 63,836 63,765 Non-recourse liabilities from consolidated VIEs 1,391 1,746 Long-term debt 160,695 160,279 of which reported at fair value 67,788 70,243 of which structured notes 43,126 47,039
Schedule of Structured notes	end of 2021 2020 Structured notes by product (CHF million) Equity 28,681 29,907 Fixed income 11,678 13,882 Credit 2,363 2,881 Other 404 369 Total structured notes 43,126 47,039 Long-term debt by maturities end of 2022 2023 2024 2025 2026 Thereafter Total Long-term debt (CHF million) Senior debt Fixed rate 4,058 4,886 4,740 4,584 5,709 14,019 37,996 Variable rate 15,708 11,665 7,760 4,777 3,932 13,630 57,472 Interest rates (range in %) 1 0.0 – 9.7 0.1 – 2.2 0.0 – 3.6 0.0 – 3.5 0.1 – 3.3 0.0 – 7.1 – Subordinated debt Fixed rate 7,308 10,522 4,555 9,432 7,008 19,548 58,373 Variable rate 643 94 1,766 0 0 2,960 5,463 Interest rates (range in %) 1 0.9 – 7.1 0.6 – 8.0 0.8 – 6.5 0.4 – 7.3 2.2 – 6.4 0.7 – 7.2 – Non-recourse liabilities from consolidated VIEs Fixed rate 133 123 0 217 0 0 473 Variable rate 14 6 2 0 9 2 0 889 918 Interest rates (range in %) 1 0.0 – 2.9 – – – – 0.0 – 10.6 – Total long-term debt 27,864 27,296 18,821 19,019 16,649 51,046 160,695 of which structured notes 11,346 7,764 4,625 3,628 2,954 12,809 43,126 The maturity of perpetual debt is based on the earliest callable date. The maturity of all other debt is based on contractual maturity and includes certain structured notes that have mandatory early redemption features based on stipulated movements in markets or the occurrence of a market event. Within this population there are approximately CHF 2.7 billion of such notes with a contractual maturity of greater than one year that have an observable likelihood of redemption occurring within one year based on a modelling assessment. 1 Excludes structured notes for which fair value has been elected as the related coupons are dependent upon the embedded derivatives and prevailing market conditions at the time each coupon is paid. 2 Reflects equity linked notes, where the payout is not fixed.

Accumulated other comprehensi_2

Accumulated other comprehensive income (Tables)	12 Months Ended
	Dec. 31, 2021
Accumulated other comprehensive income	Accumulated other comprehensive income 1 Gains/ 2021 (CHF million) Balance at beginning of period 206 (17,528) 13 (3,727) 456 (2,570) (23,150) Increase/(decrease) (260) 783 0 707 4 302 1,536 Reclassification adjustments, included in net income/(loss) (41) 6 0 315 (95) 103 288 Total increase/(decrease) (301) 789 0 1,022 (91) 405 1,824 Balance at end of period (95) (16,739) 13 (2,705) 365 (2,165) (21,326) 2020 (CHF million) Balance at beginning of period 28 (14,469) 30 (3,690) 604 (2,772) (20,269) Increase/(decrease) 91 (3,076) (49) (327) (5) 45 (3,321) Reclassification adjustments, included in net income/(loss) 87 17 32 290 (143) 157 440 Total increase/(decrease) 178 (3,059) (17) (37) (148) 202 (2,881) Balance at end of period 206 (17,528) 13 (3,727) 456 (2,570) (23,150) 2019 (CHF million) Balance at beginning of period (72) (13,442) 10 (3,974) 387 (890) (17,981) Increase/(decrease) 65 (1,015) 20 44 338 (2,053) (2,601) Increase/(decrease) due to equity method investments 10 (18) 0 0 0 0 (8) Reclassification adjustments, included in net income/(loss) 25 6 0 282 (121) 193 385 Cumulative effect of accounting changes, net of tax 0 0 0 (42) 0 (22) (64) Total increase/(decrease) 100 (1,027) 20 284 217 (1,882) (2,288) Balance at end of period 28 (14,469) 30 (3,690) 604 (2,772) (20,269) 1 No impairments on available-for-sale debt securities were recognized in net income/(loss) in 2021, 2020 and 2019.
Details on significant reclassification adjustments	Details of significant reclassification adjustments in 2021 2020 2019 Reclassification adjustments, included in net income/(loss) (CHF million) Actuarial gains/(losses) Amortization of recognized actuarial losses 1 388 355 355 Tax expense/(benefit) (73) (65) (73) Net of tax 315 290 282 Net prior service credit/(cost) Amortization of recognized prior service credit/(cost) 1 (118) (176) (153) Tax expense/(benefit) 23 33 32 Net of tax (95) (143) (121) 1 These components are included in the computation of total benefit costs. Refer to "Note 32 – Pension and other post-retirement benefits" for further information.
Additional share information	Additional share information 2021 2020 2019 Common shares issued Balance at beginning of period 2,447,747,720 2,556,011,720 2,556,011,720 Issuance of common shares 203,000,000 0 0 Cancellation of repurchased shares 0 (108,264,000) 0 Balance at end of period 2,650,747,720 2,447,747,720 2,556,011,720 Treasury shares Balance at beginning of period (41,602,841) (119,761,811) (5,427,691) Sale of treasury shares 2,053,309,578 1,222,417,138 795,576,688 Repurchase of treasury shares (2,151,374,939) (1,303,331,434) (951,743,509) Cancellation of repurchased shares 0 108,264,000 0 Issuance of common shares relating to mandatory convertible notes (203,000,000) 0 0 Conversion of mandatory convertible notes 202,998,491 0 0 Share-based compensation 58,606,500 50,809,266 41,832,701 Balance at end of period (81,063,211) (41,602,841) (119,761,811) Common shares outstanding Balance at end of period 2,569,684,509 1 2,406,144,879 2 2,436,249,909 1 At par value CHF 0.04 each, fully paid. In addition to the treasury shares, a maximum of 450,000,000 unissued shares (conditional, conversion and authorized capital) were available for issuance without further approval of the shareholders. 111,524,164 of these shares were reserved for capital instruments. 2 At par value CHF 0.04 each, fully paid. In addition to the treasury shares, a maximum of 653,000,000 unissued shares (conditional, conversion and authorized capital) were available for issuance without further approval of the shareholders. 111,193,477 of these shares were reserved for capital instruments.
Bank
Accumulated other comprehensive income	1 Gains/ 2021 (CHF million) Balance at beginning of period 205 (17,517) 13 (460) (11) (2,469) (20,239) Increase/(decrease) (259) 751 0 12 4 284 792 Reclassification adjustments, included in net income/(loss) (41) 6 0 19 1 103 88 Total increase/(decrease) (300) 757 0 31 5 387 880 Balance at end of period (95) (16,760) 13 (429) (6) (2,082) (19,359) 2020 (CHF million) Balance at beginning of period 28 (14,560) 30 (417) (7) (2,620) (17,546) Increase/(decrease) 90 (2,974) (49) (55) (4) (6) (2,998) Reclassification adjustments, included in net income/(loss) 87 17 32 12 0 157 305 Total increase/(decrease) 177 (2,957) (17) (43) (4) 151 (2,693) Balance at end of period 205 (17,517) 13 (460) (11) (2,469) (20,239) 2019 (CHF million) Balance at beginning of period (58) (13,573) 9 (350) (8) (860) (14,840) Increase/(decrease) 65 (990) 21 (42) 0 (1,931) (2,877) Reclassification adjustments, included in net income/(loss) 21 3 0 17 1 193 235 Cumulative effect of accounting changes, net of tax 0 0 0 (42) 0 (22) (64) Total increase/(decrease) 86 (987) 21 (67) 1 (1,760) (2,706) Balance at end of period 28 (14,560) 30 (417) (7) (2,620) (17,546) 1 No impairments on available-for-sale debt securities were recognized in net income/(loss) in 2021, 2020 and 2019.
Details on significant reclassification adjustments	Details of significant reclassification adjustments in 2021 2020 2019 Reclassification adjustments, included in net income/(loss) (CHF million) Actuarial gains/(losses) Amortization of recognized actuarial losses 1 23 13 22 Tax expense/(benefit) (4) (1) (5) Net of tax 19 12 17 1 These components are included in the computation of total benefit costs. Refer to "Note 31 – Pension and other post-retirement benefits" for further information.

Offsetting of financial asset_2

Offsetting of financial assets and financial liabilities (Tables)	12 Months Ended
	Dec. 31, 2021
Offsetting of derivatives	Offsetting of derivatives 2021 2020 Derivative Derivative Derivative Derivative Gross derivatives subject to enforceable master netting agreements (CHF billion) OTC-cleared 4.4 4.0 6.1 4.6 OTC 44.4 40.3 68.2 65.7 Exchange-traded 0.1 0.0 0.5 0.6 Interest rate products 48.9 44.3 74.8 70.9 OTC-cleared 0.2 0.2 0.2 0.2 OTC 20.0 22.0 23.1 27.7 Foreign exchange products 20.2 22.2 23.3 27.9 OTC 8.2 13.0 10.7 15.1 Exchange-traded 22.7 21.4 19.9 20.4 Equity/index-related products 30.9 34.4 30.6 35.5 OTC-cleared 1.3 1.4 0.7 0.7 OTC 3.3 4.3 3.9 4.9 Credit derivatives 4.6 5.7 4.6 5.6 OTC 1.4 0.5 1.6 0.7 Exchange-traded 0.1 0.1 0.1 0.1 Other products 1 1.5 0.6 1.7 0.8 OTC-cleared 5.9 5.6 7.0 5.5 OTC 77.3 80.1 107.5 114.1 Exchange-traded 22.9 21.5 20.5 21.1 Total gross derivatives subject to enforceable master netting agreements 106.1 107.2 135.0 140.7 Offsetting (CHF billion) OTC-cleared (5.6) (5.3) (6.2) (5.4) OTC (68.4) (74.6) (94.4) (104.3) Exchange-traded (21.0) (21.0) (20.0) (20.3) Offsetting (95.0) (100.9) (120.6) (130.0) of which counterparty netting (83.0) (83.0) (103.2) (103.2) of which cash collateral netting (12.0) (17.9) (17.4) (26.8) Net derivatives presented in the consolidated balance sheets (CHF billion) OTC-cleared 0.3 0.3 0.8 0.1 OTC 8.9 5.5 13.1 9.8 Exchange-traded 1.9 0.5 0.5 0.8 Total net derivatives subject to enforceable master netting agreements 11.1 6.3 14.4 10.7 Total derivatives not subject to enforceable master netting agreements 2 6.7 4.3 11.2 6.8 Total net derivatives presented in the consolidated balance sheets 17.8 10.6 25.6 17.5 of which recorded in trading assets and trading liabilities 17.6 10.6 25.5 17.5 of which recorded in other assets and other liabilities 0.2 0.0 0.1 0.0 1 Primarily precious metals, commodity and energy products. 2 Represents derivatives where a legal opinion supporting the enforceability of netting in the event of default or termination under the agreement is not in place.
Offsetting of securities purchased under resale agreements and securities borrowing transactions	Offsetting of securities purchased under resale agreements and securities borrowing transactions 2021 2020 Net Net Securities purchased under resale agreements and securities borrowing transactions (CHF billion) Securities purchased under resale agreements 74.1 (16.6) 57.5 55.8 (7.5) 48.3 Securities borrowing transactions 22.2 0.0 22.2 25.1 (0.4) 24.7 Total subject to enforceable master netting agreements 96.3 (16.6) 79.7 80.9 (7.9) 73.0 Total not subject to enforceable master netting agreements 1 24.2 – 24.2 19.3 – 19.3 Total 120.5 (16.6) 103.9 2 100.2 (7.9) 92.3 2 1 Represents securities purchased under resale agreements and securities borrowing transactions where a legal opinion supporting the enforceability of netting in the event of default or termination under the agreement is not in place. 2 CHF 68,623 57,994
Offsetting of securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral	Offsetting of securities sold under repurchase agreements and securities lending transactions 2021 2020 Net Net Securities sold under repurchase agreements and securities lending transactions (CHF billion) Securities sold under repurchase agreements 32.2 (16.6) 15.6 26.0 (7.9) 18.1 Securities lending transactions 15.4 0.0 15.4 16.6 0.0 16.6 Obligation to return securities received as collateral, at fair value 14.7 0.0 14.7 49.9 0.0 49.9 Total subject to enforceable master netting agreements 62.3 (16.6) 45.7 92.5 (7.9) 84.6 Total not subject to enforceable master netting agreements 1 4.6 – 4.6 3.1 – 3.1 Total 66.9 (16.6) 50.3 95.6 (7.9) 87.7 of which securities sold under repurchase agreements and securities lending transactions 51.9 (16.6) 35.3 2 44.8 (7.9) 36.9 2 of which obligation to return securities received as collateral, at fair value 15.0 0.0 15.0 50.8 0.0 50.8 1 Represents securities sold under repurchase agreements and securities lending transactions where a legal opinion supporting the enforceability of netting in the event of default or termination under the agreement is not in place. 2 CHF 13,213 13,594
Amounts not offset in the consolidated balance sheets	Amounts not offset in the consolidated balance sheets 2021 2020 1 Cash 1 1 Cash 1 Financial assets subject to enforceable master netting agreements (CHF billion) Derivatives 11.1 4.5 0.0 6.6 14.4 5.5 0.1 8.8 Securities purchased under resale agreements 57.5 57.5 0.0 0.0 48.3 48.3 0.0 0.0 Securities borrowing transactions 22.2 21.9 0.0 0.3 24.7 24.3 0.0 0.4 Total financial assets subject to enforceable master netting agreements 90.8 83.9 0.0 6.9 87.4 78.1 0.1 9.2 Financial liabilities subject to enforceable master netting agreements (CHF billion) Derivatives 6.3 1.3 0.0 5.0 10.7 2.2 0.0 8.5 Securities sold under repurchase agreements 15.6 15.5 0.1 0.0 18.1 18.1 0.0 0.0 Securities lending transactions 15.4 15.3 0.0 0.1 16.6 16.3 0.0 0.3 Obligation to return securities received as collateral, at fair value 14.7 13.0 0.0 1.7 49.9 43.4 0.0 6.5 Total financial liabilities subject to enforceable master netting agreements 52.0 45.1 0.1 6.8 95.3 80.0 0.0 15.3 1 The total amount reported in financial instruments (recognized financial assets and financial liabilities and non-cash financial collateral) and cash collateral is limited to the amount of the related instruments presented in the consolidated balance sheets and therefore any over-collateralization of these positions is not included.
Bank
Offsetting of derivatives	Offsetting of derivatives 2021 2020 Derivative Derivative Derivative Derivative Gross derivatives subject to enforceable master netting agreements (CHF billion) OTC-cleared 4.4 4.0 6.1 4.6 OTC 44.5 40.3 68.2 65.7 Exchange-traded 0.1 0.0 0.5 0.6 Interest rate products 49.0 44.3 74.8 70.9 OTC-cleared 0.2 0.2 0.2 0.2 OTC 20.0 22.0 23.1 27.7 Foreign exchange products 20.2 22.2 23.3 27.9 OTC 8.2 13.0 10.7 15.1 Exchange-traded 22.7 21.4 19.9 20.4 Equity/index-related products 30.9 34.4 30.6 35.5 OTC-cleared 1.3 1.4 0.7 0.7 OTC 3.3 4.3 3.9 4.9 Credit derivatives 4.6 5.7 4.6 5.6 OTC 1.4 0.5 1.6 0.8 Exchange-traded 0.1 0.1 0.1 0.1 Other products 1 1.5 0.6 1.7 0.9 OTC-cleared 5.9 5.6 7.0 5.5 OTC 77.4 80.1 107.5 114.2 Exchange-traded 22.9 21.5 20.5 21.1 Total gross derivatives subject to enforceable master netting agreements 106.2 107.2 135.0 140.8 Offsetting (CHF billion) OTC-cleared (5.6) (5.3) (6.2) (5.4) OTC (68.5) (74.6) (94.4) (104.4) Exchange-traded (21.0) (21.0) (20.0) (20.3) Offsetting (95.1) (100.9) (120.6) (130.1) of which counterparty netting (83.0) (83.0) (103.2) (103.2) of which cash collateral netting (12.1) (17.9) (17.4) (26.9) Net derivatives presented in the consolidated balance sheets (CHF billion) OTC-cleared 0.3 0.3 0.8 0.1 OTC 8.9 5.5 13.1 9.8 Exchange-traded 1.9 0.5 0.5 0.8 Total net derivatives subject to enforceable master netting agreements 11.1 6.3 14.4 10.7 Total derivatives not subject to enforceable master netting agreements 2 6.7 4.3 11.2 6.8 Total net derivatives presented in the consolidated balance sheets 17.8 10.6 25.6 17.5 of which recorded in trading assets and trading liabilities 17.6 10.6 25.5 17.5 of which recorded in other assets and other liabilities 0.2 0.0 0.1 0.0 1 Primarily precious metals, commodity and energy products. 2 Represents derivatives where a legal opinion supporting the enforceability of netting in the event of default or termination under the agreement is not in place.
Offsetting of securities purchased under resale agreements and securities borrowing transactions	Offsetting of securities purchased under resale agreements and securities borrowing transactions 2021 2020 Net Net Securities purchased under resale agreements and securities borrowing transactions (CHF billion) Securities purchased under resale agreements 74.1 (16.6) 57.5 55.8 (7.5) 48.3 Securities borrowing transactions 22.2 0.0 22.2 25.1 (0.4) 24.7 Total subject to enforceable master netting agreements 96.3 (16.6) 79.7 80.9 (7.9) 73.0 Total not subject to enforceable master netting agreements 1 24.2 – 24.2 19.3 – 19.3 Total 120.5 (16.6) 103.9 2 100.2 (7.9) 92.3 2 1 Represents securities purchased under resale agreements and securities borrowing transactions where a legal opinion supporting the enforceability of netting in the event of default or termination under the agreement is not in place. 2 CHF 68,623 million and CHF 57,994 million of the total net amount as of the end of 2021 and 2020, respectively, are reported at fair value.
Offsetting of securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral	Offsetting of securities sold under repurchase agreements and securities lending transactions 2021 2020 Net Net Securities sold under repurchase agreements and securities lending transactions (CHF billion) Securities sold under repurchase agreements 32.3 (16.6) 15.7 26.1 (7.9) 18.2 Securities lending transactions 15.4 0.0 15.4 16.6 0.0 16.6 Obligation to return securities received as collateral, at fair value 14.7 0.0 14.7 49.9 0.0 49.9 Total subject to enforceable master netting agreements 62.4 (16.6) 45.8 92.6 (7.9) 84.7 Total not subject to enforceable master netting agreements 1 4.6 – 4.6 3.1 – 3.1 Total 67.0 (16.6) 50.4 95.7 (7.9) 87.8 of which securities sold under repurchase agreements and securities lending transactions 52.0 (16.6) 35.4 2 44.9 (7.9) 37.0 2 of which obligation to return securities received as collateral, at fair value 15.0 0.0 15.0 50.8 0.0 50.8 1 Represents securities sold under repurchase agreements and securities lending transactions where a legal opinion supporting the enforceability of netting in the event of default or termination under the agreement is not in place. 2 CHF 13,307 million and CHF 13,688 million of the total net amount as of the end of 2021 and 2020, respectively, are reported at fair value.
Amounts not offset in the consolidated balance sheets	Amounts not offset in the consolidated balance sheets 2021 2020 1 Cash 1 1 Cash 1 Financial assets subject to enforceable master netting agreements (CHF billion) Derivatives 11.1 4.5 0.0 6.6 14.4 5.5 0.1 8.8 Securities purchased under resale agreements 57.5 57.5 0.0 0.0 48.3 48.3 0.0 0.0 Securities borrowing transactions 22.2 21.9 0.0 0.3 24.7 24.3 0.0 0.4 Total financial assets subject to enforceable master netting agreements 90.8 83.9 0.0 6.9 87.4 78.1 0.1 9.2 Financial liabilities subject to enforceable master netting agreements (CHF billion) Derivatives 6.3 1.3 0.0 5.0 10.7 2.2 0.0 8.5 Securities sold under repurchase agreements 15.7 15.6 0.1 0.0 18.2 18.2 0.0 0.0 Securities lending transactions 15.4 15.3 0.0 0.1 16.6 16.3 0.0 0.3 Obligation to return securities received as collateral, at fair value 14.7 13.0 0.0 1.7 49.9 43.4 0.0 6.5 Total financial liabilities subject to enforceable master netting agreements 52.1 45.2 0.1 6.8 95.4 80.1 0.0 15.3 1 The total amount reported in financial instruments (recognized financial assets and financial liabilities and non-cash financial collateral) and cash collateral is limited to the amount of the related instruments presented in the consolidated balance sheets and therefore any over-collateralization of these positions is not included.

Tax (Tables)

Tax (Tables)	12 Months Ended
	Dec. 31, 2021
Details of current and deferred taxes	Details of current and deferred taxes in 2021 2020 2019 Current and deferred taxes (CHF million) Switzerland 316 163 175 Foreign 485 204 531 Current income tax expense 801 367 706 Switzerland 222 450 171 Foreign 3 (16) 418 Deferred income tax expense 225 434 589 Income tax expense 1,026 801 1,295 Income tax expense/(benefit) reported in shareholders' equity related to: Gains/(losses) on cash flow hedges (63) 25 13 Cumulative translation adjustment 4 0 (4) Unrealized gains/(losses) on debt securities 0 (6) 7 Actuarial gains/(losses) 228 (18) 99 Net prior service credit/(cost) (23) (33) 58 Share-based compensation and treasury shares (4) (4) (5)
Reconciliation of taxes computed at the Swiss statutory rate	Reconciliation of taxes computed at the Swiss statutory rate in 2021 2020 2019 Income/(loss) before taxes (CHF million) Switzerland 257 1,770 2,985 Foreign (857) 1,697 1,735 Income/(loss) before taxes (600) 3,467 4,720 Reconciliation of taxes computed at the Swiss statutory rate (CHF million) Income tax expense/(benefit) computed at the statutory tax rate 1 (111) 693 1,038 Increase/(decrease) in income taxes resulting from Foreign tax rate differential 370 (62) (101) Non-deductible amortization of other intangible assets and goodwill impairment (300) 0 1 Other non-deductible expenses 386 254 371 Additional taxable income 15 8 7 Lower taxed income (146) (234) (325) (Income)/loss taxable to noncontrolling interests 11 18 8 Changes in tax law and rates (33) (6) (28) Changes in deferred tax valuation allowance 621 322 116 Change in recognition of outside basis difference 2 (9) 4 (Windfall tax benefits) /shortfall tax charges on share-based compensation 37 76 39 Other 174 (259) 165 Income tax expense 1,026 801 1,295 1 The statutory tax rate was 18.5% in 2021, 20% in 2020 and 22% in 2019.
Details of the tax effect of temporary differences	Deferred tax assets and liabilities end of 2021 2020 Deferred tax assets and liabilities (CHF million) Compensation and benefits 844 931 Loans 485 653 Investment securities 1,257 1,347 Provisions 1,358 999 Leases 367 384 Derivatives 58 53 Real estate 258 175 Net operating loss carry-forwards 7,120 5,425 Goodwill and intangible assets 135 209 Other 171 119 Gross deferred tax assets before valuation allowance 12,053 10,295 Less valuation allowance (6,072) (4,465) Gross deferred tax assets net of valuation allowance 5,981 5,830 Compensation and benefits (973) (666) Loans (305) (352) Investment securities (722) (523) Provisions (298) (333) Leases (358) (365) Derivatives (218) (231) Real estate (46) (36) Other (108) (187) Gross deferred tax liabilities (3,028) (2,693) Net deferred tax assets 2,953 3,137 of which deferred tax assets 3,707 3,667 of which net operating losses 881 1,070 of which deductible temporary differences 2,826 2,597 of which deferred tax liabilities (754) (530)
Amounts and expiration dates of net operating loss carry-forwards	Amounts and expiration dates of net operating loss carry-forwards end of 2021 Total Net operating loss carry-forwards (CHF million) Due to expire within 1 year 70 Due to expire within 2 to 5 years 4,782 Due to expire within 6 to 10 years 9,092 Due to expire within 11 to 20 years 6,154 Amount due to expire 20,098 Amount not due to expire 19,038 Total net operating loss carry-forwards 39,136
Movements in the valuation allowance	Movements in the valuation allowance in 2021 2020 2019 Movements (CHF million) Balance at beginning of period 4,465 4,136 4,021 Net changes 1,607 329 115 Balance at end of period 6,072 4,465 4,136
Tax benefits associated with share-based compensation	Tax benefits associated with share-based compensation in 2021 2020 2019 Tax benefits (CHF million) Tax benefits recorded in the consolidated statements of operations 1 234 264 263 1 Calculated at the statutory tax rate before valuation allowance considerations.
Reconciliation of the beginning and ending amount of gross unrecognized tax benefits	Reconciliation of gross unrecognized tax benefits 2021 2020 2019 Movements in gross unrecognized tax benefits (CHF million) Balance at beginning of period 382 595 574 Increases in unrecognized tax benefits as a result of tax positions taken during a prior period 23 14 27 Decreases in unrecognized tax benefits as a result of tax positions taken during a prior period (35) (249) (64) Increases in unrecognized tax benefits as a result of tax positions taken during the current period 54 90 105 Decreases in unrecognized tax benefits relating to settlements with tax authorities 0 (3) 0 Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations (6) (17) (35) Other (including foreign currency translation) 7 (48) (12) Balance at end of period 425 382 595 of which, if recognized, would affect the effective tax rate 425 382 595 Interest and penalties in 2021 2020 2019 Interest and penalties (CHF million) Interest and penalties recognized in the consolidated statements of operations 3 (16) (10) Interest and penalties recognized in the consolidated balance sheets 64 61 77
Bank
Details of current and deferred taxes	Details of current and deferred taxes in 2021 2020 2019 Current and deferred taxes (CHF million) Switzerland 302 151 164 Foreign 472 188 518 Current income tax expense 774 339 682 Switzerland 156 367 194 Foreign 8 (9) 422 Deferred income tax expense 164 358 616 Income tax expense 938 697 1,298 Income tax expense/(benefit) reported in shareholders' equity related to: Gains/(losses) on cash flow hedges (62) 25 13 Cumulative translation adjustment 4 0 (4) Unrealized gains/(losses) on debt securities (4) (6) 7 Actuarial gains/(losses) 0 (19) 4 Net prior service cost 0 1 0
Reconciliation of taxes computed at the Swiss statutory rate	Reconciliation of taxes computed at the Swiss statutory rate in 2021 2020 2019 Income/(loss) before taxes (CHF million) Switzerland 1,659 2,477 3,259 Foreign (1,750) 734 1,134 Income/(loss) before taxes (91) 3,211 4,393 Reconciliation of taxes computed at the Swiss statutory rate (CHF million) Income tax expense/(benefit) computed at the statutory tax rate 1 (17) 642 966 Increase/(decrease) in income taxes resulting from Foreign tax rate differential 92 (64) (109) Non-deductible amortization of other intangible assets and goodwill impairment (181) 0 1 Other non-deductible expenses 369 253 368 Additional taxable income 15 8 7 Lower taxed income (129) (221) (314) (Income)/loss taxable to noncontrolling interests 12 18 8 Changes in tax law and rates (29) (5) 9 Changes in deferred tax valuation allowance 612 281 114 Change in recognition of outside basis difference 3 (13) 4 (Windfall tax benefits)/shortfall tax charges on share-based compensation 37 75 39 Other 154 (277) 205 Income tax expense 938 697 1,298 1 The statutory tax rate was 18.5% in 2021, 20% in 2020 and 22% in 2019.
Details of the tax effect of temporary differences	Deferred tax assets and liabilities end of 2021 2020 Deferred tax assets and liabilities (CHF million) Compensation and benefits 832 916 Loans 319 342 Investment securities 1,257 1,347 Provisions 1,357 999 Leases 228 254 Derivatives 46 51 Real estate 250 168 Net operating loss carry-forwards 6,382 5,278 Goodwill and intangible assets 135 209 Other 151 107 Gross deferred tax assets before valuation allowance 10,957 9,671 Less valuation allowance (5,338) (4,323) Gross deferred tax assets net of valuation allowance 5,619 5,348 Compensation and benefits (355) (304) Loans (131) (60) Investment securities (722) (523) Provisions (297) (332) Leases (216) (233) Derivatives (218) (211) Real estate (38) (36) Other (98) (176) Gross deferred tax liabilities (2,075) (1,875) Net deferred tax assets 3,544 3,473 of which deferred tax assets 3,666 3,630 of which net operating losses 877 1,064 of which deductible temporary differences 2,789 2,566 of which deferred tax liabilities (122) (157)
Amounts and expiration dates of net operating loss carry-forwards	Amounts and expiration dates of net operating loss carry-forwards end of 2021 Total Net operating loss carry-forwards (CHF million) Due to expire within 1 year 70 Due to expire within 2 to 5 years 4,085 Due to expire within 6 to 10 years 5,150 Due to expire within 11 to 20 years 6,154 Amount due to expire 15,459 Amount not due to expire 19,025 Total net operating loss carry-forwards 34,484
Movements in the valuation allowance	Movements in the valuation allowance in 2021 2020 2019 Movements (CHF million) Balance at beginning of period 4,323 4,067 3,957 Net changes 1,015 256 110 Balance at end of period 5,338 4,323 4,067
Tax benefits associated with share-based compensation	Tax benefits associated with share-based compensation in 2021 2020 2019 Tax benefits (CHF million) Tax benefits recorded in the consolidated statements of operations 1 227 252 256 1 Calculated at the statutory tax rate before valuation allowance considerations.
Reconciliation of the beginning and ending amount of gross unrecognized tax benefits	Reconciliation of gross unrecognized tax benefits in 2021 2020 2019 Movements in gross unrecognized tax benefits (CHF million) Balance at beginning of period 382 595 574 Increases in unrecognized tax benefits as a result of tax positions taken during a prior period 23 14 27 Decreases in unrecognized tax benefits as a result of tax positions taken during a prior period (35) (249) (64) Increases in unrecognized tax benefits as a result of tax positions taken during the current period 54 90 105 Decreases in unrecognized tax benefits relating to settlements with tax authorities 0 (3) 0 Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations (6) (17) (35) Other (including foreign currency translation) 7 (48) (12) Balance at end of period 425 382 595 of which, if recognized, would affect the effective tax rate 425 382 595 Interest and penalties in 2021 2020 2019 Interest and penalties (CHF million) Interest and penalties recognized in the consolidated statements of operations 3 (16) (10) Interest and penalties recognized in the consolidated balance sheets 64 61 77

Employee deferred compensation

Employee deferred compensation (Tables)	12 Months Ended
	Dec. 31, 2021
Share-based compensation disclosures
Deferred compensation expense	Deferred compensation expense in 2021 2020 2019 Deferred compensation expense (CHF million) Share awards 482 573 589 Performance share awards 290 448 438 Contingent Capital Awards 202 255 308 Cash awards 350 398 420 Retention awards 123 43 22 Total deferred compensation expense 1,447 1,717 1,777 Total shares delivered (million) Total shares delivered 58.5 50.7 41.8 Contingent Capital share awards are included in the category Share awards, and Capital Opportunity Facility awards are included in the category Cash awards. Prior periods have been reclassified to conform to the current presentation.
Additional information	Estimated unrecognized deferred compensation end of 2021 Estimated unrecognized compensation expense (CHF million) Share awards 349 Performance share awards 146 Contingent Capital Awards 134 Cash awards 223 Retention awards 284 Total 1,136 Aggregate remaining weighted-average requisite service period (years) Aggregate remaining weighted-average requisite service period 1.4 Does not include the estimated unrecognized compensation expense relating to grants made in 2022 for 2021.
Contingent Capital Awards (CCA)
Share-based compensation disclosures
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]	Contingent Capital Awards granted for previous years For compensation year 2021 2020 2019 CCA awarded (CHF million) 75 253 268
Stock compensation plan | Share awards
Share-based compensation disclosures
Share-based award activities	Share award activities 2021 2020 2019 Weighted- Weighted- Weighted- Share awards Balance at beginning of period 126.3 11.86 110.5 13.46 83.2 16.15 Granted 86.4 11.17 69.1 10.61 69.3 11.68 Settled (53.3) 12.44 (47.9) 13.76 (36.9) 16.15 Forfeited (15.6) 11.52 (5.4) 11.72 (5.1) 13.83 Balance at end of period 143.8 11.27 126.3 11.86 110.5 13.46 of which vested 13.1 – 13.5 – 11.9 – of which unvested 130.7 – 112.8 – 98.6 –
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]	Share awards granted for previous years For compensation year 2021 2020 2019 Shares awarded (million) 27.7 44.6 57.9 Value of shares awarded (CHF million) 216 592 626 Fair value of each share awarded (CHF) 1 8.61 12.59 10.81 1 Based on the Group’s share price on the grant date.
Stock compensation plan | Phantom and Blocked Shares [Member]
Share-based compensation disclosures
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]	Blocked share awards granted for previous years For compensation year 2021 2020 2019 Blocked shares awarded (million) 5.0 2.6 3.2 Value of shares awarded (CHF million) 41 35 37
Performance shares | Performance share awards
Share-based compensation disclosures
Share-based award activities	Performance share award activities 2021 2020 2019 Number of Weighted- Number of Weighted- Number of Weighted- Performance share awards Balance at beginning of period 91.7 11.66 72.4 13.38 51.7 16.33 Granted 28.5 12.70 50.9 10.63 45.4 11.60 Settled (34.5) 12.50 (29.0) 14.13 (22.8) 16.51 Forfeited (8.5) 11.78 (2.6) 11.62 (1.9) 13.67 Balance at end of period 77.2 11.66 91.7 11.66 72.4 13.38 of which vested 11.2 – 10.4 – 6.7 – of which unvested 66.0 – 81.3 – 65.7 –
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]	Performance share awards granted for previous years For compensation year 2021 2020 2019 Performance shares awarded (million) 19.4 37.8 50.7 Value of performance shares awarded (CHF million) 161 493 553 Fair value of each performance share awarded (CHF) 1 8.61 12.59 10.81 1 Based on the Group’s share price on the grant date.
Bank
Share-based compensation disclosures
Deferred compensation expense	Deferred compensation expense in 2021 2020 2019 Deferred compensation expense (CHF million) Share awards 466 555 573 Performance share awards 281 427 423 Contingent Capital Awards 194 245 298 Cash awards 370 378 378 Retention awards 123 43 22 Total deferred compensation expense 1,434 1,648 1,694 Total shares delivered (million) Total shares delivered 55.7 48.3 40.1 Contingent Capital share awards are included in the category Share awards, and Capital Opportunity Facility awards are included in the category Cash awards. Prior periods have been reclassified to conform to the current presentation.
Additional information	Estimated unrecognized deferred compensation end of 2021 Estimated unrecognized compensation expense (CHF million) Share awards 338 Performance share awards 139 Contingent Capital Awards 129 Cash awards 221 Retention awards 284 Total 1,111 Aggregate remaining weighted-average requisite service period (years) Aggregate remaining weighted-average requisite service period 1.4 Does not include the estimated unrecognized compensation expense relating to grants made in 2022 for 2021.
Bank | Contingent Capital Awards (CCA)
Share-based compensation disclosures
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]	Contingent Capital Awards granted for previous years For compensation year 2021 2020 2019 CCA awarded (CHF million) 71 245 257
Bank | Stock compensation plan | Share awards
Share-based compensation disclosures
Share-based award activities	Share award activities 2021 2020 2019 Weighted- Weighted- Weighted- Share awards Balance at beginning of period 115.2 11.82 101.9 13.45 77.1 16.23 Granted 85.7 11.19 64.0 10.65 65.0 11.69 Settled (50.1) 12.44 (45.1) 13.83 (35.2) 16.20 Forfeited (15.5) 11.52 (5.6) 11.74 (5.0) 13.93 Balance at end of period 135.3 11.22 115.2 11.82 101.9 13.45 of which vested 11.8 – 12.0 – 10.9 – of which unvested 123.5 – 103.2 – 91.0 –
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]	Share awards granted for previous years For compensation year 2021 2020 2019 Shares awarded (million) 26.9 43.5 55.9 Value of shares awarded (CHF million) 210 576 604
Bank | Stock compensation plan | Phantom and Blocked Shares [Member]
Share-based compensation disclosures
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]	Blocked share awards granted for previous years For compensation year 2021 2020 2019 Blocked shares awarded (million) 4.6 2.3 2.8 Value of shares awarded (CHF million) 38 31 32
Bank | Performance shares | Performance share awards
Share-based compensation disclosures
Share-based award activities	Performance share award activities 2021 2020 2019 Number of Weighted- Number of Weighted- Number of Weighted- Performance share awards Balance at beginning of period 88.0 11.67 69.7 13.37 50.0 16.33 Granted 27.4 12.71 48.8 10.63 43.9 11.60 Settled (33.2) 12.50 (28.0) 14.12 (22.3) 16.51 Forfeited (8.4) 11.78 (2.5) 11.64 (1.9) 13.58 Balance at end of period 73.8 11.67 88.0 11.67 69.7 13.37 of which vested 10.4 – 9.6 – 6.4 – of which unvested 63.4 – 78.4 – 63.3 –
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]	Performance share awards granted for previous years For compensation year 2021 2020 2019 Performance shares awarded (million) 18.5 36.6 48.7 Value of performance shares awarded (CHF million) 154 478 531

Related parties (Tables)

Related parties (Tables)	12 Months Ended
	Dec. 31, 2021
Executive Board and Board of Directors loans	in 2021 2020 2019 Executive Board loans (CHF million) Balance at beginning of period 13 1 32 33 Additions 8 5 13 Reductions (4) (24) (14) Balance at end of period 17 1 13 32 Board of Directors loans (CHF million) Balance at beginning of period 9 2 9 10 Additions 2 0 3 Reductions (4) 0 (4) Balance at end of period 7 2 9 9 1 The number of individuals with outstanding loans was four at the beginning of the year and seven at the end of the year. 2 The number of individuals with outstanding loans was three at the beginning and the end of the year.
Loans outstanding made by the Group or any subsidiaries to equity method investees	Loans made by the Group or any subsidiaries to equity method investees in 2021 2020 2019 Loans to equity method investees (CHF million) Balance at beginning of period 414 299 253 Net borrowings/(repayments) (36) 115 46 Balance at end of period 378 414 299
Bank
Executive Board and Board of Directors loans	Executive Board and Board of Directors loans 2021 2020 2019 Executive Board loans (CHF million) Balance at beginning of period 13 1 32 33 Additions 8 5 13 Reductions (4) (24) (14) Balance at end of period 17 1 13 32 Board of Directors loans (CHF million) Balance at beginning of period 9 2 9 10 Additions 2 0 3 Reductions (4) 0 (4) Balance at end of period 7 2 9 2 9 1 The number of individuals with outstanding loans was four at the beginning of the year and seven at the end of the year. 2 The number of individuals with outstanding loans was three at the beginning and the end of the year.
Schedule of Related Party Transactions [Table Text Block]	Related party assets and liabilities end of 2021 2020 Assets (CHF million) Net loans 8,683 8,444 Other assets 98 200 Total assets 8,781 8,644 Liabilities (CHF million) Due to banks/customer deposits 1,022 1,119 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 94 93 Short-term borrowings 5,944 440 Long-term debt 55,998 52,144 Other liabilities 1,051 1,098 Total liabilities 64,109 54,894 Related party revenues and expenses in 2021 2020 2019 Revenues (CHF million) Interest and dividend income (56) (39) (5) Interest expense (1,673) (1,618) (1,307) Net interest income (1,729) (1,657) (1,312) Commissions and fees 102 114 80 Other revenues 212 104 104 Net revenues (1,415) (1,439) (1,128) Expenses (CHF million) Total operating expenses 2,089 1,967 1,867 Related party guarantees and commitments end of 2021 2020 Guarantees and commitments (CHF million) Credit guarantees and similar instruments 4 4 Revocable loan commitments 87 88

Pension and other post-retire_2

Pension and other post-retirement benefits (Tables)	12 Months Ended
	Dec. 31, 2021
Components of total pension costs	Components of net periodic benefit costs Defined benefit Other post-retirement Switzerland International International in 2021 2020 2019 2021 2020 2019 2021 2020 2019 Net periodic benefit costs (CHF million) Service costs on benefit obligation 224 203 256 16 15 14 0 0 0 Interest costs on benefit obligation 10 20 52 51 68 90 2 4 6 Expected return on plan assets (421) (352) (394) (65) (85) (108) 0 0 0 Amortization of recognized prior service cost/(credit) (121) (167) (155) 1 1 1 0 0 0 Amortization of recognized actuarial losses/(gains) 355 334 293 14 13 19 1 1 3 Settlement losses/(gains) 10 8 41 8 (1) 0 0 0 0 Curtailment losses/(gains) 2 (10) 0 0 0 0 0 0 0 Special termination benefits 16 8 14 0 0 0 0 0 0 Net periodic benefit costs/(credits) 75 44 107 25 11 16 3 5 9 Service costs on benefit obligation are reflected in compensation and benefits. Other components of net periodic benefit costs are reflected in general and administrative expenses or, except for 2019, in restructuring expenses.
Obligations and funded status of the plans	Obligations and funded status of the plans Defined benefit Other post-retirement Switzerland International International in / end of 2021 2020 2021 2020 2021 2020 PBO (CHF million) 1 Beginning of the measurement period 16,102 15,979 3,482 3,325 156 164 Plan participant contributions 146 143 0 0 0 0 Service cost 224 203 16 15 0 0 Interest cost 10 20 51 68 2 4 Plan amendments 0 0 (4) 5 0 0 Settlements (48) (28) (448) (23) 0 0 Curtailments 8 (17) 0 0 0 0 Special termination benefits 16 8 0 0 0 0 Actuarial losses/(gains) 321 857 (100) 456 (14) 13 Benefit payments (724) (1,063) (66) (156) (10) (11) Exchange rate losses/(gains) 0 0 101 (208) 6 (14) End of the measurement period 16,055 16,102 3,032 3,482 140 156 Fair value of plan assets (CHF million) Beginning of the measurement period 18,000 17,790 4,212 4,111 0 0 Actual return on plan assets 1,610 860 (45) 476 0 0 Employer contributions 312 298 17 61 10 11 Plan participant contributions 146 143 0 0 0 0 Settlements (48) (28) (448) (23) 0 0 Benefit payments (724) (1,063) (66) (156) (10) (11) Exchange rate gains/(losses) 0 0 132 (257) 0 0 End of the measurement period 19,296 18,000 3,802 4,212 0 0 Funded status recognized (CHF million) Funded status of the plan – overfunded/(underfunded) 3,241 1,898 770 730 (140) (156) Funded status recognized in the consolidated balance sheet as of December 31 3,241 1,898 770 730 (140) (156) Total amount recognized (CHF million) Noncurrent assets 3,241 1,898 974 975 0 0 Current liabilities 0 0 (7) (8) (10) (11) Noncurrent liabilities 0 0 (197) (237) (130) (145) Net amount recognized in the consolidated balance sheet as of December 31 3,241 1,898 770 730 (140) (156) ABO (CHF million) 2 End of the measurement period 15,275 15,637 3,001 3,449 140 156 1 Including estimated future salary increases. 2 Excluding estimated future salary increases.
Defined benefit pension plans in which PBO and ABO were in excess of plan assets	Defined benefit pension plans in which PBO or ABO exceeded plan assets International PBO exceeds ABO exceeds December 31 2021 2020 2021 2020 PBO/ABO exceeded plan assets (CHF million) PBO 412 1,404 403 1,393 ABO 387 1,377 380 1,369 Fair value of plan assets 208 1,159 200 1,150
Amounts recognized in AOCI, net of tax	Amounts recognized in AOCI, net of tax Defined benefit Other post-retirement end of 2021 2020 2021 2020 2021 2020 Amounts recognized in AOCI (CHF million) Actuarial gains/(losses) (2,678) (3,688) (27) (39) (2,705) (3,727) Prior service credits/(costs) 362 453 3 3 365 456 Total (2,316) (3,235) (24) (36) (2,340) (3,271)
Amounts recognized in other comprehensive income	Amounts recognized in OCI Defined benefit Other post-retirement in Gross Tax Net Gross Tax Net Total net 2021 (CHF million) Actuarial gains/(losses) 858 (153) 705 14 (3) 11 716 Prior service credits/(costs) 4 (1) 3 0 0 0 3 Amortization of actuarial losses/(gains) 369 (67) 302 1 0 1 303 Amortization of prior service costs/(credits) (120) 23 (97) 0 0 0 (97) Immediate recognition due to curtailment/settlement 11 (5) 6 0 0 0 6 Total 1,122 (203) 919 15 (3) 12 931 2020 (CHF million) Actuarial gains/(losses) (414) 83 (331) (13) 3 (10) (341) Prior service credits/(costs) (5) 0 (5) 0 0 0 (5) Amortization of actuarial losses/(gains) 347 (64) 283 1 0 1 284 Amortization of prior service costs/(credits) (166) 31 (135) 0 0 0 (135) Immediate recognition due to curtailment/settlement 14 (2) 12 0 0 0 12 Total (224) 48 (176) (12) 3 (9) (185)
Weighted-average assumptions used to determine net periodic pension cost and benefit obligation	Weighted-average assumptions used to determine net periodic benefit costs and benefit obligation Defined benefit Other post-retirement Switzerland International International December 31 2021 2020 2019 2021 2020 2019 2021 2020 2019 Net periodic benefit cost (%) Discount rate - service costs 0.63 0.69 1.19 3.22 3.04 3.28 – – 4.38 Discount rate - interest costs 0.06 0.13 0.57 1.62 2.39 3.28 1.74 2.77 3.95 Salary increases 1.50 1.50 0.75 2.98 2.84 2.92 – – – Interest rate on savings balances 1.25 0.45 1.03 – – – – – – Expected long-term rate of return on plan assets 2.50 2.10 2.40 1.79 2.37 3.00 – – – Benefit obligation (%) Discount rate 0.56 0.40 0.45 2.15 1.67 2.38 2.89 2.55 3.23 Salary increases 1.50 1.50 1.50 3.33 2.98 2.84 – – – Interest rate on savings balances 1.50 1.25 0.45 – – – – – –
Mortality tables and life expectancies for major plans	Mortality tables and life expectancies for major plans Life expectancy at age 65 Life expectancy at age 65 aged 65 aged 45 aged 65 aged 45 December 31 2021 2020 2021 2020 2021 2020 2021 2020 Life expectancy (years) Switzerland BVG 2020 tables 1 21.7 21.7 23.3 23.3 23.4 23.7 25.0 25.3 UK SAPS S3 light tables 2 23.5 23.3 24.7 24.9 25.0 24.5 26.4 26.3 US Pri-2012 mortality tables 3 20.6 21.1 21.8 22.3 22.5 22.8 23.7 23.9 1 The BVG 2020 tables were used, which included final 2018 CMI projections, with a long-term rate of improvement of 1.25% per annum. 2 102% of Self-Administered Pension Scheme (SAPS) S3 light tables were used, which included final CMI projections, with a long-term rate of improvement of 1.25% per annum. 3 The Private retirement plan 2012 (Pri-2012) mortality tables were used, with projections based on the Social Security Administration's intermediate improvement scale.
Health care cost trend rates and sensitivity	Health care cost trend rates in / end of 2021 2020 2019 Health care cost trend rate (%) Annual weighted-average health care cost trend rate 1 6.5 7.0 8.0 1 The annual health care cost trend rate is assumed to decrease gradually to achieve the long-term health care cost trend rate of 4.5% by 2030.
Plan assets measured at fair value on a recurring basis	Plan assets measured at fair value on a recurring basis end of 2021 2020 Assets Assets Plan assets at fair value (CHF million) Cash and cash equivalents 313 0 0 0 313 458 0 0 0 458 Debt securities 0 6,315 0 469 6,784 0 5,446 0 438 5,884 of which corporates 0 6,315 0 469 6,784 0 5,446 1 0 438 5,884 Equity securities 0 5,264 0 0 5,264 71 5,249 1 0 0 5,320 Real estate 0 2,040 1,514 0 3,554 0 1,795 1,444 0 3,239 of which direct 0 0 1,514 0 1,514 0 0 1,444 0 1,444 of which indirect 0 2,040 0 0 2,040 0 1,795 0 0 1,795 Alternative investments 491 327 0 2,563 3,381 433 514 0 2,152 3,099 of which private equity 0 0 0 2,431 2,431 0 0 0 1,794 1,794 of which hedge funds 0 221 0 0 221 0 413 0 1 414 of which other 491 106 0 132 729 433 101 0 357 891 Switzerland 804 13,946 1,514 3,032 19,296 962 13,004 1,444 2,590 18,000 Cash and cash equivalents 9 101 0 0 110 17 247 0 0 264 Debt securities 2,328 769 0 434 3,531 2,169 1,222 0 422 3,813 of which governments 2,328 4 0 0 2,332 2,169 7 0 0 2,176 of which corporates 0 765 0 434 1,199 0 1,215 1 0 422 1,637 Equity securities 0 44 0 57 101 0 33 1 0 52 85 Real estate – indirect 0 0 0 0 0 0 0 0 20 20 Alternative investments 0 (27) 0 0 (27) 0 (47) 0 0 (47) of which hedge funds 0 0 0 0 0 0 0 0 0 0 of which other 0 (27) 2 0 0 (27) 0 (47) 2 0 0 (47) Other investments 0 87 0 0 87 0 77 0 0 77 International 2,337 974 0 491 3,802 2,186 1,532 0 494 4,212 Total plan assets at fair value 3,141 14,920 1,514 3,523 23,098 3,148 14,536 1,444 3,084 22,212 The Swiss pension fund uses exchange-traded futures to manage the economic exposure of the portfolio. Under US GAAP, these futures are not carried at fair value as they are settled on a daily basis and are considered brokerage receivables and payables. Consequently, they are excluded from this table. These futures increased/(decreased) the economic exposure to cash and cash equivalents by CHF (59) 1 Prior period has been revised to reclassify the leveling of certain plan assets. 2 Primarily related to derivative instruments.
Plan assets measured at fair value on a recurring basis for level 3	Plan assets measured at fair value on a recurring basis for level 3 Actual return On assets Foreign 2021 (CHF million) Real estate 1,444 0 0 65 0 5 0 1,514 of which direct 1,444 0 0 65 0 5 0 1,514 Total plan assets at fair value 1,444 0 0 65 0 5 0 1,514 of which Switzerland 1,444 0 0 65 0 5 0 1,514 2020 (CHF million) Real estate 1,351 0 0 69 0 24 0 1,444 of which direct 1,351 0 0 69 0 24 0 1,444 Total plan assets at fair value 1,351 0 0 69 0 24 0 1,444 of which Switzerland 1,351 0 0 69 0 24 0 1,444
Weighted-average plan asset allocation as of the measurement date	Plan asset allocation Switzerland International December 31 2021 2020 2021 2020 Weighted-average (%) Cash and cash equivalents 1.6 2.5 2.9 6.3 Debt securities 35.2 32.7 92.9 90.5 Equity securities 27.3 29.6 2.6 2.0 Real estate 18.4 18.0 0.0 0.5 Alternative investments 17.5 17.2 (0.7) (1.1) Insurance 0.0 0.0 2.3 1.8 Total 100.0 100.0 100.0 100.0
Weighted-average target plan asset allocation to be applied prospectively	2022 target plan asset allocation Switzerland International Weighted-average (%) Cash and cash equivalents 7.0 0.3 Debt securities 32.0 93.4 Equity securities 25.0 2.2 Real estate 21.0 0.6 Alternative investments 15.0 1.2 Insurance 0.0 2.3 Total 100.0 100.0
Estimated future benefit payments for defined benefit pension and other post-retirement defined benefit plans	Estimated future benefit payments Defined benefit Other post-retirement Payments (CHF million) 2022 987 10 2023 916 10 2024 914 10 2025 899 9 2026 904 9 For five years thereafter 4,485 34
Bank
Components of total pension costs	Components of net periodic benefit costs International single-employer Other post-retirement in 2021 2020 2019 2021 2020 2019 Net periodic benefit costs (CHF million) Service costs on benefit obligation 14 14 14 0 0 0 Interest costs on benefit obligation 49 68 90 2 4 6 Expected return on plan assets (65) (85) (108) 0 0 0 Amortization of recognized prior service cost/(credit) 1 1 1 0 0 0 Amortization of recognized actuarial losses/(gains) 14 13 19 1 1 3 Settlement losses/(gains) 8 (1) 0 0 0 0 Net periodic benefit costs/(credits) 21 10 16 3 5 9 Service costs on benefit obligation are reflected in compensation and benefits. Other components of net periodic benefit costs are reflected in general and administrative expenses.
Obligations and funded status of the plans	Obligations and funded status of the plans International in / end of 2021 2020 2021 2020 PBO (CHF million) 1 Beginning of the measurement period 3,475 3,325 156 164 Service cost 14 14 0 0 Interest cost 49 68 2 4 Plan amendments (4) 5 0 0 Settlements (448) (23) 0 0 Actuarial losses/(gains) (100) 453 (14) 13 Business combinations and transfers 0 (3) 0 0 Benefit payments (65) (156) (10) (11) Exchange rate losses/(gains) 101 (208) 6 (14) End of the measurement period 3,022 3,475 140 156 Fair value of plan assets (CHF million) Beginning of the measurement period 4,212 4,111 0 0 Actual return on plan assets (45) 476 0 0 Employer contributions 16 61 10 11 Settlements (448) (23) 0 0 Benefit payments (65) (156) (10) (11) Exchange rate gains/(losses) 132 (257) 0 0 End of the measurement period 3,802 4,212 0 0 Total funded status recognized (CHF million) Funded status of the plan – over/(underfunded) 780 737 (140) (156) Funded status recognized in the consolidated balance sheet as of December 31 780 737 (140) (156) Total amount recognized (CHF million) Noncurrent assets 975 975 0 0 Current liabilities (7) (8) (10) (11) Noncurrent liabilities (188) (230) (130) (145) Net amount recognized in the consolidated balance sheet as of December 31 780 737 (140) (156) ABO (CHF million) 2 End of the measurement period 2,996 3,445 140 156 1 Including estimated future salary increases. 2 Excluding estimated future salary increases.
Defined benefit pension plans in which PBO and ABO were in excess of plan assets	Defined benefit pension plans in which PBO or ABO exceeded plan assets PBO exceeds fair value ABO exceeds fair value December 31 2021 2020 2021 2020 PBO/ABO exceeded plan assets (CHF million) PBO 402 1,397 393 1,386 ABO 382 1,373 375 1,365 Fair value of plan assets 208 1,159 200 1,150
Amounts recognized in AOCI, net of tax	Amounts recognized in AOCI, net of tax International end of 2021 2020 2021 2020 2021 2020 Amounts recognized in AOCI (CHF million) Actuarial gains/(losses) (402) (421) (27) (39) (429) (460) Prior service credits/(costs) (9) (14) 3 3 (6) (11) Total (411) (435) (24) (36) (435) (471)
Amounts recognized in other comprehensive income	Amounts recognized in OCI International single-employer Other post-retirement in Gross Tax Net Gross Tax Net Total net 2021 (CHF million) Actuarial gains/(losses) (10) 12 2 14 (3) 11 13 Prior service credits/(costs) 4 (1) 3 0 0 0 3 Amortization of actuarial losses/(gains) 14 (3) 11 1 0 1 12 Amortization of prior service costs/(credits) 1 0 1 0 0 0 1 Immediate recognition due to curtailment/settlement 8 (1) 7 0 0 0 7 Total 17 7 24 15 (3) 12 36 2020 (CHF million) Actuarial gains/(losses) (62) 17 (45) (13) 3 (10) (55) Prior service credits/(costs) (5) 1 (4) 0 0 0 (4) Amortization of actuarial losses/(gains) 13 (1) 12 1 0 1 13 Amortization of prior service costs/(credits) 1 (1) 0 0 0 0 0 Immediate recognition due to curtailment/settlement (1) 0 (1) 0 0 0 (1) Total (54) 16 (38) (12) 3 (9) (47)
Weighted-average assumptions used to determine net periodic pension cost and benefit obligation	Weighted-average assumptions used to determine net periodic benefit costs and benefit obligation International single-employer Other post-retirement December 31 2021 2020 2019 2021 2020 2019 Net periodic benefit cost (%) Discount rate - service cost 2.64 2.62 3.28 – – 4.38 Discount rate - interest cost 1.56 2.37 3.28 1.74 2.77 3.95 Salary increases 2.97 2.84 2.92 – – – Expected long-term rate of return on plan assets 1.79 2.37 3.00 – – – Benefit obligation (%) Discount rate 2.13 1.66 2.38 2.89 2.55 3.23 Salary increases 3.32 2.97 2.84 – – –
Mortality tables and life expectancies for major plans	Mortality tables and life expectancies for major plans Life expectancy at age 65 Life expectancy at age 65 aged 65 aged 45 aged 65 aged 45 December 31 2021 2020 2021 2020 2021 2020 2021 2020 Life expectancy (years) UK SAPS S3 light tables 1 23.5 23.3 24.7 24.9 25.0 24.5 26.4 26.3 US Pri-2012 mortality tables 2 20.6 21.1 21.8 22.3 22.5 22.8 23.7 23.9 1 102% of Self-Administered Pension Scheme (SAPS) S3 light tables were used, which included final CMI projections, with a long-term rate of improvement of 1.25% per annum. 2 The Private retirement plan 2012 (Pri-2012) mortality tables were used, with projections based on the Social Security Administration's intermediate improvement scale.
Health care cost trend rates and sensitivity	Health care cost trend rates in / end of 2021 2020 2019 Health care cost trend rate (%) Annual weighted-average health care cost trend rate 1 6.5 7.0 8.0 1 The annual health care cost trend rate is assumed to decrease gradually to achieve the long-term health care cost trend rate of 4.5% by 2030.
Plan assets measured at fair value on a recurring basis	Plan assets measured at fair value on a recurring basis 2021 2020 Assets Assets Plan assets at fair value (CHF million) Cash and cash equivalents 9 101 0 0 110 17 247 0 0 264 Debt securities 2,328 769 0 434 3,531 2,169 1,222 0 422 3,813 of which governments 2,328 4 0 0 2,332 2,169 7 0 0 2,176 of which corporates 0 765 0 434 1,199 0 1,215 1 0 422 1,637 Equity securities 0 44 0 57 101 0 33 1 0 52 85 Real estate – indirect 0 0 0 0 0 0 0 0 20 20 Alternative investments 0 (27) 0 0 (27) 0 (47) 0 0 (47) of which hedge funds 0 0 0 0 0 0 0 0 0 0 of which other 0 (27) 2 0 0 (27) 0 (47) 2 0 0 (47) Other investments 0 87 0 0 87 0 77 0 0 77 Total plan assets at fair value 2,337 974 0 491 3,802 2,186 1,532 0 494 4,212 1 Prior period has been revised to reclassify the leveling of certain plan assets. 2 Primarily related to derivative instruments.
Weighted-average plan asset allocation as of the measurement date	Plan asset allocation December 31 2021 2020 Weighted-average (%) Cash and cash equivalents 2.9 6.3 Debt securities 92.9 90.5 Equity securities 2.6 2.0 Real estate 0.0 0.5 Alternative investments (0.7) (1.1) Insurance 2.3 1.8 Total 100.0 100.0
Weighted-average target plan asset allocation to be applied prospectively	2022 target plan asset allocation Weighted-average (%) Cash and cash equivalents 0.3 Debt securities 93.4 Equity securities 2.2 Real estate 0.6 Alternative investments 1.2 Insurance 2.3 Total 100.0
Estimated future benefit payments for defined benefit pension and other post-retirement defined benefit plans	Estimated future benefit payments International Payments (CHF million) 2022 110 10 2023 102 10 2024 110 10 2025 111 9 2026 117 9 For five years thereafter 646 34

Derivatives and hedging activ_2

Derivatives and hedging activities (Tables)	12 Months Ended
	Dec. 31, 2021
Fair value of derivative instruments	Fair value of derivative instruments Trading Hedging 1 Positive Negative Positive Negative Derivative instruments (CHF billion) Forwards and forward rate agreements 1,736.0 0.9 0.9 0.0 0.0 0.0 Swaps 8,810.0 36.8 33.0 131.4 0.4 0.2 Options bought and sold (OTC) 779.0 11.5 10.9 0.0 0.0 0.0 Futures 144.5 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 71.6 0.1 0.0 0.0 0.0 0.0 Interest rate products 11,541.1 49.3 44.8 131.4 0.4 0.2 Forwards 1,052.9 7.6 8.2 21.1 0.1 0.1 Swaps 345.3 11.3 12.4 0.0 0.0 0.0 Options bought and sold (OTC) 174.9 2.0 2.2 0.0 0.0 0.0 Futures 10.3 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 1.6 0.0 0.0 0.0 0.0 0.0 Foreign exchange products 1,585.0 20.9 22.8 21.1 0.1 0.1 Forwards 0.9 0.1 0.0 0.0 0.0 0.0 Swaps 94.7 1.4 2.6 0.0 0.0 0.0 Options bought and sold (OTC) 243.9 11.1 12.5 0.0 0.0 0.0 Futures 46.3 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 535.8 22.9 21.5 0.0 0.0 0.0 Equity/index-related products 921.6 35.5 36.6 0.0 0.0 0.0 Credit derivatives 2 506.8 5.0 6.3 0.0 0.0 0.0 Forwards 9.9 0.2 0.1 0.0 0.0 0.0 Swaps 12.0 1.1 0.4 0.0 0.0 0.0 Options bought and sold (OTC) 11.1 0.2 0.1 0.0 0.0 0.0 Futures 11.1 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 9.2 0.1 0.1 0.0 0.0 0.0 Other products 3 53.3 1.6 0.7 0.0 0.0 0.0 Total derivative instruments 14,607.8 112.3 111.2 152.5 0.5 0.3 The notional amount, PRV and NRV (trading and hedging) was CHF 14,760.3 billion, CHF 112.8 billion and CHF 111.5 billion, respectively, as of December 31, 2021. 1 Relates to derivative contracts that qualify for hedge accounting under US GAAP. 2 Primarily credit default swaps. 3 Primarily precious metals, commodity and energy products. Fair value of derivative instruments (continued) Trading Hedging 1 Positive Negative Positive Negative Derivative instruments (CHF billion) Forwards and forward rate agreements 5,221.5 2.7 2.8 0.0 0.0 0.0 Swaps 8,087.8 53.5 50.2 126.1 0.9 0.1 Options bought and sold (OTC) 968.6 18.2 18.0 0.0 0.0 0.0 Futures 186.5 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 90.9 0.5 0.6 0.0 0.0 0.0 Interest rate products 14,555.3 2 74.9 71.6 126.1 0.9 0.1 Forwards 928.4 10.1 11.8 13.9 0.1 0.1 Swaps 345.8 10.9 13.4 0.0 0.0 0.0 Options bought and sold (OTC) 185.9 3.4 3.7 0.0 0.0 0.0 Futures 8.8 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 1.0 0.0 0.0 0.0 0.0 0.0 Foreign exchange products 1,469.9 2 24.4 28.9 13.9 0.1 0.1 Forwards 1.0 0.0 0.3 0.0 0.0 0.0 Swaps 167.6 4.3 8.8 0.0 0.0 0.0 Options bought and sold (OTC) 218.3 14.9 10.0 0.0 0.0 0.0 Futures 23.5 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 454.0 20.0 20.7 0.0 0.0 0.0 Equity/index-related products 864.4 39.2 39.8 0.0 0.0 0.0 Credit derivatives 3 467.8 4.9 6.0 0.0 0.0 0.0 Forwards 12.2 0.3 0.2 0.0 0.0 0.0 Swaps 9.8 1.1 0.5 0.0 0.0 0.0 Options bought and sold (OTC) 14.8 0.3 0.2 0.0 0.0 0.0 Futures 4.2 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 11.6 0.1 0.1 0.0 0.0 0.0 Other products 4 52.6 1.8 1.0 0.0 0.0 0.0 Total derivative instruments 17,410.0 2 145.2 147.3 140.0 1.0 0.2 The notional amount, PRV and NRV (trading and hedging) was CHF 17,550.0 billion, CHF 146.2 billion and CHF 147.5 billion, respectively, as of December 31, 2020. 1 Relates to derivative contracts that qualify for hedge accounting under US GAAP. 2 Prior period has been revised. 3 Primarily credit default swaps. 4 Primarily precious metals, commodity and energy products.
Fair value hedges	Gains or (losses) on fair value hedges in 2021 2020 2019 Interest rate products (CHF million) Hedged items 1 1,673 (1,679) (1,721) Derivatives designated as hedging instruments 1 (1,597) 1,564 1,550 The accrued interest on fair value hedges is recorded in net interest income and is excluded from this table. 1 Included in net interest income. Hedged items in fair value hedges 2021 2020 Hedged items Hedged items Carrying Hedging 1 Discontinued 2 Carrying Hedging 1 Discontinued 2 Assets (CHF billion) Investment securities 0.8 0.0 0.0 0.4 0.0 0.0 Net loans 16.6 (0.2) 0.2 20.5 0.2 0.5 Liabilities (CHF billion) Long-term debt 69.4 (0.2) 0.8 65.8 1.9 0.8 1 Relates to the cumulative amount of fair value hedging adjustments included in the carrying amount. 2 Relates to the cumulative amount of fair value hedging adjustments remaining for any hedged items for which hedge accounting has been discontinued.
Cash flow hedges	Cash flow hedges in 2021 2020 2019 Interest rate products (CHF million) Gains/(losses) recognized in AOCI on derivatives (314) 134 85 Gains/(losses) reclassified from AOCI into interest and dividend income 7 (70) 3 Foreign exchange products (CHF million) Gains/(losses) recognized in AOCI on derivatives (9) (33) 4 Trading revenues 0 (30) (7) Other revenues 0 0 (4) Total other operating expenses 34 (2) (16) Gains/(losses) reclassified from AOCI into income 34 (32) (27) Gains/(losses) excluded from the assessment of effectiveness reported in trading revenues 1 0 1 (20) 1 Related to the forward points of a foreign currency forward.
Net investment hedges	Net investment hedges in 2021 2020 2019 Foreign exchange products (CHF million) Gains/(losses) recognized in the cumulative translation adjustments section of AOCI 47 458 (138) Gains/(losses) reclassified from the cumulative translation adjustments section of AOCI into other revenues 0 10 0
Credit protection sold/purchased	Credit protection sold/purchased 2021 2020 1 Net credit Fair value 1 Net credit Fair value Single-name instruments (CHF billion) Investment grade 2 (60.2) 55.6 (4.6) 10.1 0.6 (52.5) 47.8 (4.7) 13.0 0.5 Non-investment grade (31.5) 28.9 (2.6) 7.9 0.4 (28.5) 26.5 (2.0) 11.8 0.4 Total single-name instruments (91.7) 84.5 (7.2) 18.0 1.0 (81.0) 74.3 (6.7) 24.8 0.9 of which sovereign (13.5) 12.2 (1.3) 4.0 (0.1) (12.5) 11.6 (0.9) 5.3 0.0 of which non-sovereign (78.2) 72.3 (5.9) 14.0 1.1 (68.5) 62.7 (5.8) 19.5 0.9 Multi-name instruments (CHF billion) Investment grade 2 (102.9) 96.0 (6.9) 20.2 0.7 (99.5) 95.2 (4.3) 23.1 (0.7) Non-investment grade (35.7) 33.2 (2.5) 12.6 3 (0.5) (24.3) 19.9 (4.4) 11.3 3 0.2 Total multi-name instruments (138.6) 129.2 (9.4) 32.8 0.2 (123.8) 115.1 (8.7) 34.4 (0.5) of which non-sovereign (138.6) 129.2 (9.4) 32.8 0.2 (123.8) 115.1 (8.7) 34.4 (0.5) Total instruments (CHF billion) Investment grade 2 (163.1) 151.6 (11.5) 30.3 1.3 (152.0) 143.0 (9.0) 36.1 (0.2) Non-investment grade (67.2) 62.1 (5.1) 20.5 (0.1) (52.8) 46.4 (6.4) 23.1 0.6 Total instruments (230.3) 213.7 (16.6) 50.8 1.2 (204.8) 189.4 (15.4) 59.2 0.4 of which sovereign (13.5) 12.2 (1.3) 4.0 (0.1) (12.5) 11.6 (0.9) 5.3 0.0 of which non-sovereign (216.8) 201.5 (15.3) 46.8 1.3 (192.3) 177.8 (14.5) 53.9 0.4 1 Represents credit protection purchased with identical underlyings and recoveries. 2 Based on internal ratings of BBB and above. 3 Includes synthetic securitized loan portfolios.
Contingent credit risk	Contingent credit risk 2021 2020 Special Special Contingent credit risk (CHF billion) Current net exposure 2.3 0.0 0.3 2.6 3.0 0.0 0.4 3.4 Collateral posted 1.9 0.0 – 1.9 2.4 0.0 – 2.4 Impact of a one-notch downgrade event 0.1 0.0 0.0 0.1 0.0 0.0 0.0 0.0 Impact of a two-notch downgrade event 0.2 0.0 0.0 0.2 0.0 0.0 0.0 0.0 Impact of a three-notch downgrade event 0.7 0.0 0.1 0.8 0.5 0.0 0.2 0.7 The impact of a downgrade event reflects the amount of additional collateral required for bilateral counterparties and special purpose entities and the amount of additional termination expenses for accelerated terminations, respectively.
Reconciliation of notional amount of credit derivatives included in fair value of derivative instruments to credit protection sold/purchased	Credit derivatives end of 2021 2020 Credit derivatives (CHF billion) Credit protection sold 230.3 204.8 Credit protection purchased 213.7 189.4 Other protection purchased 50.8 59.2 Other instruments 1 12.0 14.4 Total credit derivatives 506.8 467.8 1 Consists of total return swaps and other derivative instruments.
Maturity of credit protection sold	Maturity of credit protection sold Maturity Maturity Maturity 2021 (CHF billion) Single-name instruments 14.4 73.6 3.7 91.7 Multi-name instruments 39.9 88.3 10.4 138.6 Total instruments 54.3 161.9 14.1 230.3 2020 (CHF billion) Single-name instruments 14.0 62.7 4.3 81.0 Multi-name instruments 29.6 82.6 11.6 123.8 Total instruments 43.6 145.3 15.9 204.8
Bank
Fair value of derivative instruments	Fair value of derivative instruments Trading Hedging 1 Positive Negative Positive Negative Derivative instruments (CHF billion) Forwards and forward rate agreements 1,736.0 0.9 0.9 0.0 0.0 0.0 Swaps 8,818.8 36.9 33.0 127.5 0.4 0.2 Options bought and sold (OTC) 779.0 11.5 10.9 0.0 0.0 0.0 Futures 144.5 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 71.6 0.1 0.0 0.0 0.0 0.0 Interest rate products 11,549.9 49.4 44.8 127.5 0.4 0.2 Forwards 1,052.9 7.6 8.2 21.1 0.1 0.1 Swaps 345.3 11.3 12.4 0.0 0.0 0.0 Options bought and sold (OTC) 174.9 2.0 2.2 0.0 0.0 0.0 Futures 10.3 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 1.6 0.0 0.0 0.0 0.0 0.0 Foreign exchange products 1,585.0 20.9 22.8 21.1 0.1 0.1 Forwards 0.9 0.1 0.0 0.0 0.0 0.0 Swaps 94.7 1.4 2.6 0.0 0.0 0.0 Options bought and sold (OTC) 243.9 11.1 12.5 0.0 0.0 0.0 Futures 46.3 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 535.8 22.9 21.5 0.0 0.0 0.0 Equity/index-related products 921.6 35.5 36.6 0.0 0.0 0.0 Credit derivatives 2 506.8 5.0 6.3 0.0 0.0 0.0 Forwards 9.9 0.2 0.1 0.0 0.0 0.0 Swaps 12.0 1.1 0.4 0.0 0.0 0.0 Options bought and sold (OTC) 11.1 0.2 0.1 0.0 0.0 0.0 Futures 11.1 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 9.2 0.1 0.1 0.0 0.0 0.0 Other products 3 53.3 1.6 0.7 0.0 0.0 0.0 Total derivative instruments 14,616.6 112.4 111.2 148.6 0.5 0.3 The notional amount, PRV and NRV (trading and hedging) was CHF 14,765.2 billion, CHF 112.9 billion and CHF 111.5 billion, respectively, as of December 31, 2021. 1 Relates to derivative contracts that qualify for hedge accounting under US GAAP. 2 Primarily credit default swaps. 3 Primarily precious metals, commodity and energy products. Fair value of derivative instruments (continued) Trading Hedging 1 Positive Negative Positive Negative Derivative instruments (CHF billion) Forwards and forward rate agreements 5,221.5 2.7 2.8 0.0 0.0 0.0 Swaps 8,088.7 53.5 50.3 126.1 0.9 0.1 Options bought and sold (OTC) 968.6 18.2 18.0 0.0 0.0 0.0 Futures 186.5 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 90.9 0.5 0.6 0.0 0.0 0.0 Interest rate products 14,556.2 2 74.9 71.7 126.1 0.9 0.1 Forwards 928.4 10.1 11.8 13.9 0.1 0.1 Swaps 345.8 10.9 13.4 0.0 0.0 0.0 Options bought and sold (OTC) 185.9 3.4 3.7 0.0 0.0 0.0 Futures 8.8 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 1.0 0.0 0.0 0.0 0.0 0.0 Foreign exchange products 1,469.9 2 24.4 28.9 13.9 0.1 0.1 Forwards 1.0 0.0 0.3 0.0 0.0 0.0 Swaps 167.6 4.3 8.8 0.0 0.0 0.0 Options bought and sold (OTC) 218.3 14.9 10.0 0.0 0.0 0.0 Futures 23.5 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 454.0 20.0 20.7 0.0 0.0 0.0 Equity/index-related products 864.4 39.2 39.8 0.0 0.0 0.0 Credit derivatives 3 467.8 4.9 6.0 0.0 0.0 0.0 Forwards 12.2 0.3 0.2 0.0 0.0 0.0 Swaps 9.8 1.1 0.5 0.0 0.0 0.0 Options bought and sold (OTC) 14.8 0.3 0.2 0.0 0.0 0.0 Futures 4.2 0.0 0.0 0.0 0.0 0.0 Options bought and sold (exchange-traded) 11.6 0.1 0.1 0.0 0.0 0.0 Other products 4 52.6 1.8 1.0 0.0 0.0 0.0 Total derivative instruments 17,410.9 2 145.2 147.4 140.0 1.0 0.2 The notional amount, PRV and NRV (trading and hedging) was CHF 17,550.9 billion, CHF 146.2 billion and CHF 147.6 billion, respectively, as of December 31, 2020. 1 Relates to derivative contracts that qualify for hedge accounting under US GAAP. 2 Prior period has been revised. 3 Primarily credit default swaps. 4 Primarily precious metals, commodity and energy products.
Fair value hedges	Gains or (losses) on fair value hedges in 2021 2020 2019 Interest rate products (CHF million) Hedged items 1 1,523 (1,679) (1,721) Derivatives designated as hedging instruments 1 (1,448) 1,564 1,550 The accrued interest on fair value hedges is recorded in net interest income and is excluded from this table. 1 Included in net interest income. Hedged items in fair value hedges 2021 2020 Hedged items Hedged items Carrying Hedging 1 Discontinued 2 Carrying Hedging 1 Discontinued 2 Assets (CHF billion) Investment securities 0.8 0.0 0.0 0.4 0.0 0.0 Net loans 16.6 (0.2) 0.2 20.5 0.2 0.5 Liabilities (CHF billion) Long-term debt 65.6 (0.1) 0.8 65.8 1.9 0.8 1 Relates to the cumulative amount of fair value hedging adjustments included in the carrying amount. 2 Relates to the cumulative amount of fair value hedging adjustments remaining for any hedged items for which hedge accounting has been discontinued.
Cash flow hedges	Cash flow hedges in 2021 2020 2019 Interest rate products (CHF million) Gains/(losses) recognized in AOCI on derivatives (314) 134 85 Gains/(losses) reclassified from AOCI into interest and dividend income 7 (70) 3 Foreign exchange products (CHF million) Gains/(losses) recognized in AOCI on derivatives (9) (33) (5) Trading revenues 0 (30) (7) Other revenues 0 0 0 Total other operating expenses 34 (2) (16) Gains/(losses) reclassified from AOCI into income 34 (32) (23) Gains/(losses) excluded from the assessment of effectiveness reported in trading revenues 1 0 1 (20) 1 Related to the forward points of a foreign currency forward.
Net investment hedges	Net investment hedges in 2021 2020 2019 Foreign exchange products (CHF million) Gains/(losses) recognized in the cumulative translation adjustments section of AOCI 51 451 (133) Gains/(losses) reclassified from the cumulative translation adjustments section of AOCI into other revenues 0 10 0
Credit protection sold/purchased	Credit protection sold/purchased 2021 2020 1 Net credit Fair value 1 Net credit Fair value Single-name instruments (CHF billion) Investment grade 2 (60.2) 55.6 (4.6) 10.1 0.6 (52.5) 47.8 (4.7) 13.0 0.5 Non-investment grade (31.5) 28.9 (2.6) 7.9 0.4 (28.5) 26.5 (2.0) 11.8 0.4 Total single-name instruments (91.7) 84.5 (7.2) 18.0 1.0 (81.0) 74.3 (6.7) 24.8 0.9 of which sovereign (13.5) 12.2 (1.3) 4.0 (0.1) (12.5) 11.6 (0.9) 5.3 0.0 of which non-sovereign (78.2) 72.3 (5.9) 14.0 1.1 (68.5) 62.7 (5.8) 19.5 0.9 Multi-name instruments (CHF billion) Investment grade 2 (102.9) 96.0 (6.9) 20.2 0.7 (99.5) 95.2 (4.3) 23.1 (0.7) Non-investment grade (35.7) 33.2 (2.5) 12.6 3 (0.5) (24.3) 19.9 (4.4) 11.3 3 0.2 Total multi-name instruments (138.6) 129.2 (9.4) 32.8 0.2 (123.8) 115.1 (8.7) 34.4 (0.5) of which non-sovereign (138.6) 129.2 (9.4) 32.8 0.2 (123.8) 115.1 (8.7) 34.4 (0.5) Total instruments (CHF billion) Investment grade 2 (163.1) 151.6 (11.5) 30.3 1.3 (152.0) 143.0 (9.0) 36.1 (0.2) Non-investment grade (67.2) 62.1 (5.1) 20.5 (0.1) (52.8) 46.4 (6.4) 23.1 0.6 Total instruments (230.3) 213.7 (16.6) 50.8 1.2 (204.8) 189.4 (15.4) 59.2 0.4 of which sovereign (13.5) 12.2 (1.3) 4.0 (0.1) (12.5) 11.6 (0.9) 5.3 0.0 of which non-sovereign (216.8) 201.5 (15.3) 46.8 1.3 (192.3) 177.8 (14.5) 53.9 0.4 1 Represents credit protection purchased with identical underlyings and recoveries. 2 Based on internal ratings of BBB and above. 3 Includes synthetic securitized loan portfolios.
Contingent credit risk	Contingent credit risk 2021 2020 Special Special Contingent credit risk (CHF billion) Current net exposure 2.3 0.0 0.3 2.6 3.0 0.0 0.4 3.4 Collateral posted 1.9 0.0 – 1.9 2.4 0.0 – 2.4 Impact of a one-notch downgrade event 0.1 0.0 0.0 0.1 0.0 0.0 0.0 0.0 Impact of a two-notch downgrade event 0.2 0.0 0.0 0.2 0.0 0.0 0.0 0.0 Impact of a three-notch downgrade event 0.7 0.0 0.1 0.8 0.5 0.0 0.2 0.7 The impact of a downgrade event reflects the amount of additional collateral required for bilateral counterparties and special purpose entities and the amount of additional termination expenses for accelerated terminations, respectively.
Reconciliation of notional amount of credit derivatives included in fair value of derivative instruments to credit protection sold/purchased	Credit derivatives end of 2021 2020 Credit derivatives (CHF billion) Credit protection sold 230.3 204.8 Credit protection purchased 213.7 189.4 Other protection purchased 50.8 59.2 Other instruments 1 12.0 14.4 Total credit derivatives 506.8 467.8 1 Consists of total return swaps and other derivative instruments.
Maturity of credit protection sold	Maturity of credit protection sold Maturity Maturity Maturity 2021 (CHF billion) Single-name instruments 14.4 73.6 3.7 91.7 Multi-name instruments 39.9 88.3 10.4 138.6 Total instruments 54.3 161.9 14.1 230.3 2020 (CHF billion) Single-name instruments 14.0 62.7 4.3 81.0 Multi-name instruments 29.6 82.6 11.6 123.8 Total instruments 43.6 145.3 15.9 204.8

Guarantees and commitments (Tab

Guarantees and commitments (Tables)	12 Months Ended
	Dec. 31, 2021
Guarantees	Guarantees Maturity Maturity Maturity Maturity 1 2021 (CHF million) Credit guarantees and similar instruments 2,124 1,049 197 561 3,931 3,874 25 2,014 Performance guarantees and similar instruments 3,982 2,253 555 528 7,318 6,299 40 3,605 Derivatives 2 5,374 2,567 561 419 8,921 8,921 289 – Other guarantees 4,012 1,040 307 1,151 6,510 6,469 71 3,789 Total guarantees 15,492 6,909 1,620 2,659 26,680 25,563 425 9,408 2020 (CHF million) Credit guarantees and similar instruments 1,645 649 203 582 3,079 3,016 27 1,637 Performance guarantees and similar instruments 3,607 1,885 526 514 6,532 5,601 30 2,535 Derivatives 2,3 4,179 6,051 1,288 559 12,077 12,077 158 – Other guarantees 3,555 996 421 1,171 6,143 6,130 85 3,725 Total guarantees 12,986 9,581 2,438 2,826 27,831 26,824 300 7,897 1 Total net amount is computed as the gross amount less any participations. 2 Excludes derivative contracts with certain active commercial and investment banks and certain other counterparties, as such contracts can be cash settled and the Group had no basis to conclude it was probable that the counterparties held, at inception, the underlying instruments. 3 Prior period has been revised.
Other commitments	Other commitments Maturity Maturity Maturity Maturity 1 2021 (CHF million) Irrevocable commitments under documentary credits 4,796 116 0 0 4,912 4,602 2,801 Irrevocable loan commitments 2 22,959 44,143 43,848 11,609 122,559 118,281 55,766 Forward reverse repurchase agreements 466 0 0 0 466 466 466 Other commitments 121 16 11 248 396 396 8 Total other commitments 28,342 44,275 43,859 11,857 128,333 123,745 59,041 2020 (CHF million) Irrevocable commitments under documentary credits 3,915 97 0 0 4,012 3,963 2,404 Irrevocable loan commitments 2 19,813 48,855 39,605 10,749 119,022 115,116 53,039 Forward reverse repurchase agreements 17 0 0 0 17 17 17 Other commitments 135 1,418 9 381 1,943 1,943 19 Total other commitments 23,880 50,370 39,614 11,130 124,994 121,039 55,479 1 Total net amount is computed as the gross amount less any participations. 2 Irrevocable loan commitments do not include a total gross amount of CHF 143,992 million and CHF 130,877 million of unused credit limits as of the end of 2021 and 2020 respectively, which were revocable at the Group's sole discretion upon notice to the client.
Bank
Guarantees	Guarantees Maturity Maturity Maturity Maturity 1 2021 (CHF million) Credit guarantees and similar instruments 2,124 1,049 197 561 3,931 3,874 25 2,014 Performance guarantees and similar instruments 3,982 2,253 555 528 7,318 6,299 40 3,605 Derivatives 2 5,374 2,567 561 419 8,921 8,921 289 – Other guarantees 4,012 1,040 307 1,151 6,510 6,469 71 3,789 Total guarantees 15,492 6,909 1,620 2,659 26,680 25,563 425 9,408 2020 (CHF million) Credit guarantees and similar instruments 1,645 653 203 582 3,083 3,020 27 1,637 Performance guarantees and similar instruments 3,607 1,885 526 514 6,532 5,601 30 2,535 Derivatives 2,3 4,179 6,051 1,288 559 12,077 12,077 158 – Other guarantees 3,555 996 421 1,171 6,143 6,130 85 3,725 Total guarantees 12,986 9,585 2,438 2,826 27,835 26,828 300 7,897 1 Total net amount is computed as the gross amount less any participations. 2 Excludes derivative contracts with certain active commercial and investment banks and certain other counterparties, as such contracts can be cash settled and the Bank had no basis to conclude it was probable that the counterparties held, at inception, the underlying instruments. 3 Prior period has been revised.
Other commitments	Other commitments Maturity Maturity Maturity Maturity 1 2021 (CHF million) Irrevocable commitments under documentary credits 4,796 116 0 0 4,912 4,602 2,801 Irrevocable loan commitments 22,959 44,143 43,848 11,609 122,559 2 118,281 55,766 Forward reverse repurchase agreements 466 0 0 0 466 466 466 Other commitments 121 16 11 248 396 396 8 Total other commitments 28,342 44,275 43,859 11,857 128,333 123,745 59,041 2020 (CHF million) Irrevocable commitments under documentary credits 3,915 97 0 0 4,012 3,963 2,404 Irrevocable loan commitments 19,813 48,855 39,605 10,749 119,022 2 115,116 53,039 Forward reverse repurchase agreements 17 0 0 0 17 17 17 Other commitments 135 1,418 9 381 1,943 1,943 19 Total other commitments 23,880 50,370 39,614 11,130 124,994 121,039 55,479 1 Total net amount is computed as the gross amount less any participations. 2 Irrevocable loan commitments do not include a total gross amount of CHF 144,079 million and CHF 130,965 million of unused credit limits as of December 31, 2021 and 2020, respectively, which were revocable at the Bank's sole discretion upon notice to the client.

Transfers of financial assets_2

Transfers of financial assets and variable interest entities (Tables)	12 Months Ended
	Dec. 31, 2021
Securitizations	Securitizations in 2021 2020 2019 Gains/(losses) and cash flows (CHF million) CMBS Net gain/(loss) 1 (7) 85 10 Proceeds from transfer of assets 3,525 9,209 7,757 Cash received on interests that continue to be held 42 52 162 RMBS Net gain 1 70 32 2 Proceeds from transfer of assets 37,048 23,358 21,566 Purchases of previously transferred financial assets or its underlying collateral (1,604) 0 (1) Servicing fees 2 2 2 Cash received on interests that continue to be held 1,088 864 312 Other asset-backed financings Net gain 1 65 105 101 Proceeds from transfer of assets 12,129 9,564 11,702 Purchases of previously transferred financial assets or its underlying collateral (1,323) (1,606) (763) Fees 2 165 148 151 Cash received on interests that continue to be held 14 17 6 1 Includes underwriting revenues, deferred origination fees, gains or losses on the sale of collateral to the SPE and gains or losses on the sale of newly issued securities to third parties, but excludes net interest income on assets prior to the securitization. The gains or losses on the sale of the collateral is the difference between the fair value on the day prior to the securitization pricing date and the sale price of the loans. 2 Represents management fees and performance fees earned for investment management services provided to managed CLOs.
Principal amounts outstanding and total assets of SPEs resulting from continuing involvement	Principal amounts outstanding and total assets of SPEs resulting from continuing involvement end of 2021 2020 CHF million CMBS Principal amount outstanding 15,428 17,421 Total assets of SPE 23,205 24,455 RMBS Principal amount outstanding 56,990 47,324 Total assets of SPE 56,990 47,863 Other asset-backed financings Principal amount outstanding 24,856 24,968 Total assets of SPE 57,797 50,817 Principal amount outstanding relates to assets transferred from the Group and does not include principal amounts for assets transferred from third parties.
Key economic assumptions used in measuring fair value of beneficial interests at time of transfer	Key economic assumptions used in measuring fair value of beneficial interests at time of transfer 2021 2020 2019 at time of transfer, in CMBS RMBS CMBS RMBS CMBS RMBS CHF million, except where indicated Fair value of beneficial interests 196 2,594 342 2,692 549 3,171 of which level 2 170 2,126 305 2,398 455 2,978 of which level 3 26 468 37 294 94 193 Weighted-average life, in years 5.2 5.3 6.4 3.8 5.5 5.5 Prepayment speed assumption (rate per annum), in % 1 – 2 3.0 – 37.7 – 2 1.0 – 47.0 – 2 2.0 – 37.3 Cash flow discount rate (rate per annum), in % 3 1.8 – 5.0 1.0 – 33.4 1.4 – 20.9 0.2 – 40.8 2.5 – 8.3 1.5 – 15.7 Expected credit losses (rate per annum), in % 4 0.9 – 4.3 0.1 – 32.5 1.9 – 8.6 1.6 – 22.9 1.3 – 1.9 1.5 – 7.6 Transfers of assets in which the Group does not have beneficial interests are not included in this table. 1 Prepayment speed assumption (PSA) is an industry standard prepayment speed metric used for projecting prepayments over the life of a residential mortgage loan. PSA utilizes the constant prepayment rate (CPR) assumptions. A 100% prepayment assumption assumes a prepayment rate of 0.2% per annum of the outstanding principal balance of mortgage loans in the first month. This increases by 0.2 percentage points thereafter during the term of the mortgage loan, leveling off to a CPR of 6% per annum beginning in the 30th month and each month thereafter during the term of the mortgage loan. 100 PSA equals 6 CPR. 2 To deter prepayment, commercial mortgage loans typically have prepayment protection in the form of prepayment lockouts and yield maintenances. 3 The rate is based on the weighted-average yield on the beneficial interests. 4 The range of expected credit losses only reflects instruments with an expected credit loss greater than zero unless all of the instruments have an expected credit loss of zero.
Key economic assumptions used in measuring fair value of beneficial interests held in SPEs	Key economic assumptions used in measuring fair value of beneficial interests held in SPEs 2021 2020 1 Other asset- 2 1 Other asset- 2 CHF million, except where indicated Fair value of beneficial interests 281 2,310 402 296 1,851 350 of which non-investment grade 55 370 27 36 631 23 Weighted-average life, in years 3.9 4.7 5.5 5.6 4.0 4.8 Prepayment speed assumption (rate per annum), in % 3 – 5.1 – 41.9 – – 4.0 – 50.1 – Impact on fair value from 10% adverse change – (31.1) – – (43.7) – Impact on fair value from 20% adverse change – (59.8) – – (92.1) – Cash flow discount rate (rate per annum), in % 4 1.7 – 50.7 0.7 – 35.5 0.3 – 14.7 0.6 – 38.2 0.3 – 39.7 0.7 – 27.7 Impact on fair value from 10% adverse change (3.5) (38.1) (4.9) (4.9) (22.4) (4.2) Impact on fair value from 20% adverse change (6.8) (73.3) (9.7) (9.6) (43.5) (8.2) Expected credit losses (rate per annum), in % 5 0.6 – 8.4 0.4 – 34.2 0.7 – 13.3 0.4 – 14.7 0.6 – 39.6 0.7 – 26.8 Impact on fair value from 10% adverse change (2.5) (28.5) (4.3) (4.3) (20.2) (4.5) Impact on fair value from 20% adverse change (4.9) (54.8) (8.4) (8.5) (39.2) (8.9) 1 To deter prepayment, commercial mortgage loans typically have prepayment protection in the form of prepayment lockouts and yield maintenances. 2 CDOs and CLOs within this category are generally structured to be protected from prepayment risk. 3 PSA is an industry standard prepayment speed metric used for projecting prepayments over the life of a residential mortgage loan. PSA utilizes the CPR assumptions. A 100% prepayment assumption assumes a prepayment rate of 0.2% per annum of the outstanding principal balance of mortgage loans in the first month. This increases by 0.2 percentage points thereafter during the term of the mortgage loan, leveling off to a CPR of 6% per annum beginning in the 30th month and each month thereafter during the term of the mortgage loan. 100 PSA equals 6 CPR. 4 The rate is based on the weighted-average yield on the beneficial interests. 5 The range of expected credit losses only reflects instruments with an expected credit loss greater than zero unless all of the instruments have an expected credit loss of zero.
Carrying amounts of transferred financial assets and liabilities where sale treatment was not achieved	Carrying amounts of transferred financial assets and liabilities where sale treatment was not achieved end of 2021 2020 CHF million RMBS Other assets 257 0 Liability to SPE, included in other liabilities (257) 0 Other asset-backed financings Trading assets 557 496 Other assets 200 246 Liability to SPE, included in other liabilities (757) (742)
Securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral	Securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral – by class of collateral pledged end of 2021 2020 CHF billion Government debt securities 15.9 12.1 Corporate debt securities 9.6 7.7 Asset-backed securities 4.6 6.0 Equity securities 0.5 0.0 Other 5.6 1.9 Securities sold under repurchase agreements 36.2 27.7 Government debt securities 13.9 12.4 Corporate debt securities 0.3 0.1 Asset-backed securities 0.3 1.0 Equity securities 1.0 3.5 Other 0.2 0.1 Securities lending transactions 15.7 17.1 Government debt securities 3.6 5.8 Corporate debt securities 0.6 5.6 Equity securities 10.8 39.3 Other 0.0 0.1 Obligation to return securities received as collateral, at fair value 15.0 50.8 Total 66.9 95.6 Securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral – by remaining contractual maturity Remaining contractual maturities No stated 1 Up to 2 31–90 More than 2021 (CHF billion) Securities sold under repurchase agreements 5.2 15.7 6.0 9.3 36.2 Securities lending transactions 2.3 1.7 1.6 10.1 15.7 Obligation to return securities received as collateral, at fair value 15.0 0.0 0.0 0.0 15.0 Total 22.5 17.4 7.6 19.4 66.9 2020 (CHF billion) Securities sold under repurchase agreements 5.8 11.8 5.9 4.2 27.7 Securities lending transactions 4.2 3.4 9.5 0.0 17.1 Obligation to return securities received as collateral, at fair value 50.2 0.3 0.3 0.0 50.8 Total 60.2 15.5 15.7 4.2 95.6 1 Includes contracts with no contractual maturity that may contain termination arrangements subject to a notice period. 2 Includes overnight transactions.
Consolidated VIEs in which the Group was primary beneficiary	Consolidated VIEs in which the Group was the primary beneficiary Financial intermediation CP Securi- 2021 (CHF million) Cash and due from banks 1 42 25 27 13 108 Trading assets 0 1,158 54 610 0 1,822 Other investments 0 0 65 789 161 1,015 Net loans 1,022 317 0 28 33 1,400 Other assets 31 604 78 108 675 1,496 of which loans held-for-sale 0 50 23 0 1 74 of which premises and equipment 0 0 0 27 0 27 Total assets of consolidated VIEs 1,054 2,121 222 1,562 882 5,841 Trading liabilities 0 0 0 8 0 8 Short-term borrowings 4,337 0 15 0 0 4,352 Long-term debt 0 1,342 0 3 46 1,391 Other liabilities 67 1 20 60 83 231 Total liabilities of consolidated VIEs 4,404 1,343 35 71 129 5,982 2020 (CHF million) Cash and due from banks 0 23 22 37 8 90 Trading assets 0 1,255 50 840 19 2,164 Other investments 0 0 129 920 202 1,251 Net loans 653 0 51 29 167 900 Other assets 21 979 15 82 779 1,876 of which loans held-for-sale 0 462 10 0 0 472 of which premises and equipment 0 0 0 30 4 34 Total assets of consolidated VIEs 674 2,257 267 1,908 1,175 6,281 Customer deposits 0 0 0 0 1 1 Trading liabilities 0 0 0 10 0 10 Short-term borrowings 4,178 0 0 0 0 4,178 Long-term debt 0 1,701 0 10 35 1,746 Other liabilities 53 1 3 73 78 208 Total liabilities of consolidated VIEs 4,231 1,702 3 93 114 6,143
Non-consolidated VIEs	Non-consolidated VIEs Financial intermediation CDO/ CP 1 Securi- 2021 (CHF million) Trading assets 257 0 4,526 932 13 5,494 11,222 Net loans 268 1,005 940 2,403 8,774 1,986 15,376 Other assets 6 0 22 112 0 628 768 Total variable interest assets 531 1,005 5,488 3,447 8,787 8,108 27,366 Maximum exposure to loss 774 7,625 8,036 3,447 13,068 8,637 41,587 Total assets of non-consolidated VIEs 10,266 14,948 108,942 103,179 36,428 24,945 298,708 2020 (CHF million) Trading assets 250 0 4,500 1,113 66 8,617 14,546 Net loans 357 371 734 1,967 6,989 939 11,357 Other assets 2 0 3 119 0 344 468 Total variable interest assets 609 371 5,237 3,199 7,055 9,900 26,371 Maximum exposure to loss 852 5,538 7,329 3,199 11,235 10,226 38,379 Total assets of non-consolidated VIEs 8,553 11,148 127,785 89,686 26,186 33,140 296,498 1 Includes liquidity facilities provided to third-party CP conduits through Alpine Securities Ltd.
Bank
Securitizations	Securitizations in 2021 2020 2019 Gains/(losses) and cash flows (CHF million) CMBS Net gain/(loss) 1 (7) 85 10 Proceeds from transfer of assets 3,525 9,209 7,757 Cash received on interests that continue to be held 42 52 162 RMBS Net gain 1 70 32 2 Proceeds from transfer of assets 37,048 23,358 21,566 Purchases of previously transferred financial assets or its underlying collateral (1,604) 0 (1) Servicing fees 2 2 2 Cash received on interests that continue to be held 1,088 864 312 Other asset-backed financings Net gain 1 65 105 101 Proceeds from transfer of assets 12,129 9,564 11,702 Purchases of previously transferred financial assets or its underlying collateral (1,323) (1,606) (763) Fees 2 165 148 151 Cash received on interests that continue to be held 14 17 6 1 Includes underwriting revenues, deferred origination fees, gains or losses on the sale of collateral to the SPE and gains or losses on the sale of newly issued securities to third parties, but excludes net interest income on assets prior to the securitization. The gains or losses on the sale of the collateral is the difference between the fair value on the day prior to the securitization pricing date and the sale price of the loans. 2 Represents management fees and performance fees earned for investment management services provided to managed CLOs.
Principal amounts outstanding and total assets of SPEs resulting from continuing involvement	Principal amounts outstanding and total assets of SPEs resulting from continuing involvement end of 2021 2020 CHF million CMBS Principal amount outstanding 15,428 17,421 Total assets of SPE 23,205 24,455 RMBS Principal amount outstanding 56,990 47,324 Total assets of SPE 56,990 47,863 Other asset-backed financings Principal amount outstanding 24,856 24,968 Total assets of SPE 57,797 50,817 Principal amount outstanding relates to assets transferred from the Bank and does not include principal amounts for assets transferred from third parties.
Key economic assumptions used in measuring fair value of beneficial interests at time of transfer	Key economic assumptions used in measuring fair value of beneficial interests at time of transfer 2021 2020 2019 at time of transfer, in CMBS RMBS CMBS RMBS CMBS RMBS CHF million, except where indicated Fair value of beneficial interests 196 2,594 342 2,692 549 3,171 of which level 2 170 2,126 305 2,398 455 2,978 of which level 3 26 468 37 294 94 193 Weighted-average life, in years 5.2 5.3 6.4 3.8 5.5 5.5 Prepayment speed assumption (rate per annum), in % 1 – 2 3.0 – 37.7 – 2 1.0 – 47.0 – 2 2.0 – 37.3 Cash flow discount rate (rate per annum), in % 3 1.8 – 5.0 1.0 – 33.4 1.4 – 20.9 0.2 – 40.8 2.5 – 8.3 1.5 – 15.7 Expected credit losses (rate per annum), in % 4 0.9 – 4.3 0.1 – 32.5 1.9 – 8.6 1.6 – 22.9 1.3 – 1.9 1.5 – 7.6 Transfers of assets in which the Bank does not have beneficial interests are not included in this table. 1 Prepayment speed assumption (PSA) is an industry standard prepayment speed metric used for projecting prepayments over the life of a residential mortgage loan. PSA utilizes the constant prepayment rate (CPR) assumptions. A 100% prepayment assumption assumes a prepayment rate of 0.2% per annum of the outstanding principal balance of mortgage loans in the first month. This increases by 0.2 percentage points thereafter during the term of the mortgage loan, leveling off to a CPR of 6% per annum beginning in the 30th month and each month thereafter during the term of the mortgage loan. 100 PSA equals 6 CPR. 2 To deter prepayment, commercial mortgage loans typically have prepayment protection in the form of prepayment lockouts and yield maintenances. 3 The rate was based on the weighted-average yield on the beneficial interests. 4 The range of expected credit losses only reflects instruments with an expected credit loss greater than zero unless all of the instruments have an expected credit loss of zero.
Key economic assumptions used in measuring fair value of beneficial interests held in SPEs	Key economic assumptions used in measuring fair value of beneficial interests held in SPEs 2021 2020 1 Other asset- 2 1 Other asset- 2 CHF million, except where indicated Fair value of beneficial interests 281 2,310 402 296 1,851 350 of which non-investment grade 55 370 27 36 631 23 Weighted-average life, in years 3.9 4.7 5.5 5.6 4.0 4.8 Prepayment speed assumption (rate per annum), in % 3 – 5.1 – 41.9 – – 4.0 – 50.1 – Impact on fair value from 10% adverse change – (31.1) – – (43.7) – Impact on fair value from 20% adverse change – (59.8) – – (92.1) – Cash flow discount rate (rate per annum), in % 4 1.7 – 50.7 0.7 – 35.5 0.3 – 14.7 0.6 – 38.2 0.3 – 39.7 0.7 – 27.7 Impact on fair value from 10% adverse change (3.5) (38.1) (4.9) (4.9) (22.4) (4.2) Impact on fair value from 20% adverse change (6.8) (73.3) (9.7) (9.6) (43.5) (8.2) Expected credit losses (rate per annum), in % 5 0.6 – 8.4 0.4 – 34.2 0.7 – 13.3 0.4 – 14.7 0.6 – 39.6 0.7 – 26.8 Impact on fair value from 10% adverse change (2.5) (28.5) (4.3) (4.3) (20.2) (4.5) Impact on fair value from 20% adverse change (4.9) (54.8) (8.4) (8.5) (39.2) (8.9) 1 To deter prepayment, commercial mortgage loans typically have prepayment protection in the form of prepayment lockouts and yield maintenances. 2 CDOs within this category are generally structured to be protected from prepayment risk. 3 PSA is an industry standard prepayment speed metric used for projecting prepayments over the life of a residential mortgage loan. PSA utilizes the CPR assumptions. A 100% prepayment assumption assumes a prepayment rate of 0.2% per annum of the outstanding principal balance of mortgage loans in the first month. This increases by 0.2 percentage points thereafter during the term of the mortgage loan, leveling off to a CPR of 6% per annum beginning in the 30th month and each month thereafter during the term of the mortgage loan. 100 PSA equals 6 CPR. 4 The rate was based on the weighted-average yield on the beneficial interests. 5 The range of expected credit losses only reflects instruments with an expected credit loss greater than zero unless all of the instruments have an expected credit loss of zero.
Carrying amounts of transferred financial assets and liabilities where sale treatment was not achieved	Carrying amounts of transferred financial assets and liabilities where sale treatment was not achieved end of 2021 2020 CHF million RMBS Other assets 257 0 Liability to SPE, included in other liabilities (257) 0 Other asset-backed financings Trading assets 557 496 Other assets 200 246 Liability to SPE, included in other liabilities (757) (742)
Securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral	Securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral – by class of collateral pledged end of 2021 2020 CHF billion Government debt securities 16.0 12.2 Corporate debt securities 9.6 7.7 Asset-backed securities 4.6 6.0 Equity securities 0.5 0.0 Other 5.6 1.8 Securities sold under repurchase agreements 36.3 27.7 Government debt securities 13.9 12.5 Corporate debt securities 0.3 0.1 Asset-backed securities 0.3 1.0 Equity securities 1.0 3.5 Other 0.2 0.1 Securities lending transactions 15.7 17.2 Government debt securities 3.6 5.8 Corporate debt securities 0.6 5.6 Equity securities 10.8 39.3 Other 0.0 0.1 Obligation to return securities received as collateral, at fair value 15.0 50.8 Total 67.0 95.7 Securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral – by remaining contractual maturity Remaining contractual maturities No stated 1 Up to 2 31-90 More than 2021 (CHF billion) Securities sold under repurchase agreements 5.3 15.8 6.0 9.2 36.3 Securities lending transactions 2.3 1.7 1.6 10.1 15.7 Obligation to return securities received as collateral, at fair value 15.0 0.0 0.0 0.0 15.0 Total 22.6 17.5 7.6 19.3 67.0 2020 (CHF billion) Securities sold under repurchase agreements 5.8 11.8 5.9 4.2 27.7 Securities lending transactions 4.2 3.4 9.6 0.0 17.2 Obligation to return securities received as collateral, at fair value 50.2 0.3 0.3 0.0 50.8 Total 60.2 15.5 15.8 4.2 95.7 1 Includes contracts with no contractual maturity that may contain termination arrangements subject to a notice period. 2 Includes overnight transactions.
Consolidated VIEs in which the Group was primary beneficiary	Consolidated VIEs in which the Bank was the primary beneficiary Financial intermediation CP Securi- 2021 (CHF million) Cash and due from banks 1 42 25 27 13 108 Trading assets 0 1,158 54 610 0 1,822 Other investments 0 0 65 789 161 1,015 Net loans 1,022 317 0 28 33 1,400 Other assets 31 604 78 95 674 1,482 of which loans held-for-sale 0 50 23 0 1 74 of which premises and equipment 0 0 0 12 0 12 Total assets of consolidated VIEs 1,054 2,121 222 1,549 881 5,827 Trading liabilities 0 0 0 8 0 8 Short-term borrowings 4,337 0 15 0 0 4,352 Long-term debt 0 1,342 0 3 46 1,391 Other liabilities 67 1 20 61 84 233 Total liabilities of consolidated VIEs 4,404 1,343 35 72 130 5,984 2020 (CHF million) Cash and due from banks 0 23 22 37 8 90 Trading assets 0 1,255 50 840 19 2,164 Other investments 0 0 129 920 202 1,251 Net loans 653 0 51 29 167 900 Other assets 21 979 15 65 778 1,858 of which loans held-for-sale 0 462 10 0 0 472 of which premises and equipment 0 0 0 13 4 17 Total assets of consolidated VIEs 674 2,257 267 1,891 1,174 6,263 Customer deposits 0 0 0 0 1 1 Trading liabilities 0 0 0 10 0 10 Short-term borrowings 4,178 0 0 0 0 4,178 Long-term debt 0 1,701 0 10 35 1,746 Other liabilities 53 1 3 72 78 207 Total liabilities of consolidated VIEs 4,231 1,702 3 92 114 6,142
Non-consolidated VIEs	Non-consolidated VIEs Financial intermediation CDO/ CP 1 Securi- 2021 (CHF million) Trading assets 257 0 4,526 932 13 5,494 11,222 Net loans 268 1,005 940 2,403 8,774 1,986 15,376 Other assets 6 0 22 109 0 628 765 Total variable interest assets 531 1,005 5,488 3,444 8,787 8,108 27,363 Maximum exposure to loss 774 7,625 8,036 3,444 13,068 8,637 41,584 Total assets of non-consolidated VIEs 10,266 14,948 108,942 102,820 36,428 19,804 293,208 2020 (CHF million) Trading assets 250 0 4,500 1,113 66 8,617 14,546 Net loans 357 371 734 1,967 6,989 939 11,357 Other assets 2 0 3 110 0 344 459 Total variable interest assets 609 371 5,237 3,190 7,055 9,900 26,362 Maximum exposure to loss 852 5,538 7,329 3,190 11,235 10,226 38,370 Total assets of non-consolidated VIEs 8,553 11,148 127,785 87,618 26,186 25,759 287,049 1 Includes liquidity facilities provided to third-party CP conduits through Alpine Securities Ltd.

Financial instruments (Tables)

Financial instruments (Tables)	12 Months Ended
	Dec. 31, 2021
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Assets and liabilities measured at fair value on a recurring basis 1 Assets 2 Assets (CHF million) Cash and due from banks 0 308 0 – – 308 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 0 68,623 0 – – 68,623 Securities received as collateral 13,848 1,155 14 – – 15,017 Trading assets 54,085 146,521 4,503 (94,633) 665 111,141 of which debt securities 12,191 40,700 1,225 – 82 54,198 of which foreign governments 11,996 11,377 35 – – 23,408 of which corporates 72 8,958 478 – 82 9,590 of which RMBS 0 17,033 424 – – 17,457 of which equity securities 34,282 1,486 195 – 583 36,546 of which derivatives 6,224 103,781 2,187 (94,633) – 17,559 of which interest rate products 721 47,934 624 – – – of which foreign exchange products 123 20,686 53 – – – of which equity/index-related products 5,348 29,808 212 – – – of which other derivatives 0 196 1,034 – – – of which other trading assets 1,388 554 896 – – 2,838 Investment securities 2 1,003 0 – – 1,005 Other investments 0 23 3,666 – 405 4,094 of which other equity investments 0 23 2,863 – 351 3,237 of which life finance instruments 0 0 789 – – 789 Loans 0 8,709 1,534 – – 10,243 of which commercial and industrial loans 0 2,267 717 – – 2,984 of which financial institutions 0 3,840 465 – – 4,305 Other intangible assets (mortgage servicing rights) 0 57 167 – – 224 Other assets 121 8,750 694 (381) – 9,184 of which failed purchases 98 1,135 11 – – 1,244 of which loans held-for-sale 0 6,818 562 – – 7,380 Total assets at fair value 68,056 235,149 10,578 (95,014) 1,070 219,839 1 Derivative contracts are reported on a gross basis by level. The impact of netting represents legally enforceable master netting agreements. 2 In accordance with US GAAP, certain investments that are measured at fair value using the net asset value per share practical expedient have not been classified in the fair value Assets and liabilities measured at fair value on a recurring basis (continued) 1 Liabilities 2 Liabilities (CHF million) Due to banks 0 477 0 – – 477 Customer deposits 0 3,306 394 – – 3,700 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 0 13,213 0 – – 13,213 Obligation to return securities received as collateral 13,848 1,155 14 – – 15,017 Trading liabilities 19,419 105,828 2,809 (100,522) 1 27,535 of which short positions 11,689 4,974 25 – 1 16,689 of which debt securities 2,809 4,865 3 – – 7,677 of which foreign governments 2,667 968 0 – – 3,635 of which corporates 113 3,839 3 – – 3,955 of which equity securities 8,880 109 22 – 1 9,012 of which derivatives 7,730 100,854 2,784 (100,522) – 10,846 of which interest rate products 776 44,003 26 – – – of which foreign exchange products 133 22,646 57 – – – of which equity/index-related products 6,812 27,919 1,787 – – – Short-term borrowings 0 9,658 1,032 – – 10,690 Long-term debt 0 59,046 9,676 – – 68,722 of which structured notes over one year and up to two years 0 11,036 1,464 – – 12,500 of which structured notes over two years 0 24,168 6,318 – – 30,486 of which other debt instruments over two years 0 3,223 1,854 – – 5,077 of which high-trigger instruments 0 10,702 0 – – 10,702 Other liabilities 348 2,031 518 (305) – 2,592 Total liabilities at fair value 33,615 194,714 14,443 (100,827) 1 141,946 1 Derivative contracts are reported on a gross basis by level. The impact of netting represents legally enforceable master netting agreements. 2 In accordance with US GAAP, certain investments that are measured at fair value using the net asset value per share practical expedient have not been classified in the fair value Assets and liabilities measured at fair value on a recurring basis (continued) 1 Assets 2 Assets (CHF million) Cash and due from banks 0 525 0 – – 525 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 0 57,994 0 – – 57,994 Securities received as collateral 44,074 6,598 101 – – 50,773 Trading assets 87,710 181,166 7,535 (119,731) 658 157,338 of which debt securities 16,321 45,766 2,253 – 55 64,395 of which foreign governments 15,908 11,909 140 – – 27,957 of which corporates 353 9,799 1,270 – 55 11,477 of which RMBS 0 20,882 557 – – 21,439 of which equity securities 60,044 2,466 124 – 603 63,237 of which derivatives 9,297 132,054 3,911 (119,731) – 25,531 of which interest rate products 3,036 71,043 733 – – – of which foreign exchange products 42 24,259 143 – – – of which equity/index-related products 6,150 31,945 1,186 – – – of which other derivatives 22 110 1,079 – – – of which other trading assets 2,048 880 1,247 – – 4,175 Investment securities 2 605 0 – – 607 Other investments 13 6 3,054 – 721 3,794 of which other equity investments 13 6 2,132 – 608 2,759 of which life finance instruments 0 0 920 – – 920 Loans 0 7,739 3,669 – – 11,408 of which commercial and industrial loans 0 2,187 1,347 – – 3,534 of which financial institutions 0 3,506 1,082 – – 4,588 Other intangible assets (mortgage servicing rights) 0 0 180 – – 180 Other assets 137 7,315 1,825 (904) – 8,373 of which failed purchases 109 1,229 51 – – 1,389 of which loans held-for-sale 0 4,870 1,576 – – 6,446 Total assets at fair value 131,936 261,948 16,364 (120,635) 1,379 290,992 1 Derivative contracts are reported on a gross basis by level. The impact of netting represents legally enforceable master netting agreements. 2 In accordance with US GAAP, certain investments that are measured at fair value using the net asset value per share practical expedient have not been classified in the fair value Assets and liabilities measured at fair value on a recurring basis (continued) 1 Liabilities 2 Liabilities (CHF million) Due to banks 0 413 0 – – 413 Customer deposits 0 3,895 448 – – 4,343 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 0 13,594 0 – – 13,594 Obligation to return securities received as collateral 44,074 6,598 101 – – 50,773 Trading liabilities 33,544 137,947 4,246 (129,867) 1 45,871 of which equity securities 20,527 111 55 – 1 20,694 of which derivatives 10,536 132,885 4,191 (129,867) – 17,745 of which interest rate products 3,264 68,159 169 – – – of which foreign exchange products 51 28,819 72 – – – of which equity/index-related products 7,149 30,612 2,010 – – – of which credit derivatives 0 4,663 1,335 – – – Short-term borrowings 0 10,039 701 – – 10,740 Long-term debt 0 63,708 7,268 – – 70,976 of which structured notes over one year and up to two years 0 11,787 1,133 – – 12,920 of which structured notes over two years 0 28,330 5,526 – – 33,856 of which high-trigger instruments 0 10,586 0 – – 10,586 Other liabilities 0 6,678 1,271 (169) – 7,780 Total liabilities at fair value 77,618 242,872 14,035 (130,036) 1 204,490 1 Derivative contracts are reported on a gross basis by level. The impact of netting represents legally enforceable master netting agreements. 2 In accordance with US GAAP, certain investments that are measured at fair value using the net asset value per share practical expedient have not been classified in the fair value
Assets and liabilities measured at fair value on a recurring basis for level 3	Assets and liabilities measured at fair value on a recurring basis for level 3 Accumulated other Foreign 1 Assets (CHF million) Securities received as collateral 101 0 0 73 (164) 0 0 0 0 0 0 0 0 4 14 0 Trading assets 7,535 1,345 (3,413) 4,867 (5,685) 874 (1,629) (133) 509 0 (1) 0 0 234 4,503 52 of which debt securities 2,253 878 (1,701) 3,668 (4,141) 0 0 (331) 509 0 (1) 0 0 91 1,225 103 of which corporates 1,270 471 (747) 2,753 (3,483) 0 0 (321) 472 0 0 0 0 63 478 154 of which RMBS 557 158 (615) 654 (385) 0 0 (25) 59 0 0 0 0 21 424 (15) of which derivatives 3,911 314 (1,551) 0 0 874 (1,514) 79 (16) 0 0 0 0 90 2,187 116 of which interest rate products 733 58 (222) 0 0 175 (79) (8) (14) 0 0 0 0 (19) 624 141 of which other derivatives 1,079 1 0 0 0 311 (325) 0 (73) 0 0 0 0 41 1,034 (81) of which other trading assets 1,247 31 (90) 1,035 (1,371) 0 (115) 62 49 0 0 0 0 48 896 (96) Other investments 3,054 99 (758) 1,517 (663) 0 0 0 86 0 267 0 0 64 3,666 120 of which other equity investments 2,132 65 (757) 1,482 (448) 0 0 0 96 0 263 0 0 30 2,863 80 of which life finance instruments 920 0 0 33 (188) 0 0 0 (10) 0 0 0 0 34 789 39 Loans 3,669 257 (1,315) 362 (194) 207 (1,620) 7 55 0 (3) 0 0 109 1,534 (59) of which commercial and industrial loans 1,347 213 (364) 10 (133) 162 (643) 19 74 0 (3) 0 0 35 717 6 of which financial institutions 1,082 43 (340) 0 (42) 34 (409) 1 70 0 0 0 0 26 465 27 Other intangible assets (mortgage servicing rights) 180 0 0 22 0 0 0 0 0 0 (42) 0 0 7 167 (42) Other assets 1,825 370 (902) 3,447 (3,269) 120 (924) 14 (41) 0 0 0 0 54 694 (137) of which loans held-for-sale 1,576 360 (855) 3,394 (3,222) 120 (921) 25 41 0 0 0 0 44 562 (104) Total assets at fair value 16,364 2,071 (6,388) 10,288 (9,975) 1,201 (4,173) (112) 609 0 221 0 0 472 10,578 (66) Liabilities (CHF million) Customer deposits 448 0 0 0 0 0 0 0 (18) 0 0 0 (14) (22) 394 (29) Obligation to return securities received as collateral 101 0 0 73 (164) 0 0 0 0 0 0 0 0 4 14 0 Trading liabilities 4,246 1,007 (2,703) 45 (56) 1,135 (1,498) 340 138 0 0 0 0 155 2,809 653 of which derivatives 4,191 838 (2,553) 19 (8) 1,135 (1,498) 340 166 0 0 0 0 154 2,784 629 of which equity/index-related derivatives 2,010 562 (1,498) 0 0 581 (644) 353 352 0 0 0 0 71 1,787 712 Short-term borrowings 701 359 (550) 0 0 1,766 (1,363) (35) 128 0 0 0 0 26 1,032 72 Long-term debt 7,268 4,767 (6,677) 0 0 11,323 (6,863) (38) (316) 0 (5) 0 (50) 267 9,676 (32) of which structured notes over one year and up to two years 1,133 1,802 (1,979) 0 0 2,052 (1,663) (26) 104 0 0 (1) (1) 43 1,464 (2) of which structured notes over two years 5,526 2,965 (4,314) 0 0 7,540 (5,038) 11 (528) 0 0 1 (47) 202 6,318 (312) of which other debt instruments over two years 165 0 (2) 0 0 1,616 (36) 0 105 0 0 0 0 6 1,854 306 Other liabilities 1,271 21 (556) 51 (89) 116 (501) 10 (28) 113 66 0 0 44 518 26 Total liabilities at fair value 14,035 6,154 (10,486) 169 (309) 14,340 (10,225) 277 (96) 113 61 0 (64) 474 14,443 690 Net assets/(liabilities) at fair value 2,329 (4,083) 4,098 10,119 (9,666) (13,139) 6,052 (389) 705 (113) 160 0 64 (2) (3,865) (756) 1 Changes in unrealized gains/(losses) on total assets at fair value and changes in unrealized (gains)/losses on total liabilities at fair value relating to assets and liabilities held at period end are included in net revenues or accumulated other comprehensive income. As of 2021, changes in net unrealized gains/(losses) of CHF (841) Assets and liabilities measured at fair value on a recurring basis for level 3 (continued) Accumulated other Foreign 1 Assets (CHF million) Securities received as collateral 1 0 0 213 (106) 0 0 0 0 0 0 0 0 (7) 101 0 Trading assets 7,885 3,255 (3,271) 6,304 (6,740) 2,064 (2,968) 290 1,598 0 5 0 0 (887) 7,535 1,377 of which debt securities 1,923 2,078 (1,775) 3,811 (3,493) 0 0 1 14 0 5 0 0 (311) 2,253 166 of which corporates 1,128 703 (809) 2,685 (2,464) 0 0 26 211 0 0 0 0 (210) 1,270 196 of which derivatives 3,534 995 (1,207) 0 0 2,064 (2,891) 213 1,607 0 1 0 0 (405) 3,911 1,323 of which equity/index-related products 1,040 255 (519) 0 0 507 (743) 107 725 0 0 0 0 (186) 1,186 752 of which other derivatives 909 0 0 0 0 303 (326) (1) 291 0 0 0 0 (97) 1,079 310 of which other trading assets 2,231 119 (246) 2,420 (3,189) 0 (77) 72 76 0 (1) 0 0 (158) 1,247 (87) Other investments 2,523 8 0 442 (194) 0 0 0 112 0 286 0 0 (123) 3,054 409 of which other equity investments 1,463 7 0 408 (22) 0 0 0 13 0 293 0 0 (30) 2,132 298 of which life finance instruments 1,052 0 0 34 (172) 0 0 0 99 0 0 0 0 (93) 920 112 Loans 2 3,835 1,268 (549) 437 (640) 1,170 (1,435) 52 (164) 0 1 0 0 (306) 3,669 (97) of which commercial and industrial loans 2 1,401 446 (170) 184 (442) 610 (435) 6 (150) 0 1 0 0 (104) 1,347 (183) of which financial institutions 1,201 238 (245) 0 (31) 499 (531) 20 43 0 0 0 0 (112) 1,082 47 Other intangible assets (mortgage servicing rights) 244 0 0 0 0 0 0 0 0 0 (44) 0 0 (20) 180 (44) Other assets 1,846 1,440 (709) 4,553 (4,595) 547 (995) (17) (14) 0 0 0 0 (231) 1,825 (48) of which loans held-for-sale 1,619 1,380 (665) 4,504 (4,567) 547 (994) (41) 4 0 0 0 0 (211) 1,576 (73) Total assets at fair value 16,334 5,971 (4,529) 11,949 (12,275) 3,781 (5,398) 325 1,532 0 248 0 0 (1,574) 16,364 1,597 Liabilities (CHF million) Customer deposits 474 0 0 0 0 0 (27) 0 7 0 0 0 10 (16) 448 46 Obligation to return securities received as collateral 1 0 0 213 (106) 0 0 0 0 0 0 0 0 (7) 101 0 Trading liabilities 3,854 848 (1,614) 471 (310) 2,146 (2,375) 260 1,428 0 0 0 0 (462) 4,246 1,653 of which derivatives 3,801 829 (1,611) 198 (8) 2,146 (2,375) 259 1,410 0 0 0 0 (458) 4,191 1,646 of which equity/index-related derivatives 1,921 248 (954) 0 0 776 (536) 167 644 0 0 0 0 (256) 2,010 1,162 of which credit derivatives 1,211 539 (562) 0 0 1,111 (1,425) 85 502 0 0 0 0 (126) 1,335 277 Short-term borrowings 997 37 (294) 0 0 1,307 (1,189) 4 (62) 0 0 0 0 (99) 701 94 Long-term debt 12,610 3,214 (7,478) 0 0 5,891 (5,622) 568 (708) 0 0 99 (81) (1,225) 7,268 236 of which structured notes over one year and up to two years 891 689 (676) 0 0 1,022 (690) 40 (38) 0 0 1 (1) (105) 1,133 (19) of which structured notes over two years 11,458 1,614 (6,479) 0 0 4,766 (4,577) 532 (683) 0 0 98 (92) (1,111) 5,526 224 Other liabilities 1,385 160 (183) 266 (277) 129 (396) (33) 37 0 300 0 0 (117) 1,271 64 Total liabilities at fair value 19,321 4,259 (9,569) 950 (693) 9,473 (9,609) 799 702 0 300 99 (71) (1,926) 14,035 2,093 Net assets/(liabilities) at fair value (2,987) 1,712 5,040 10,999 (11,582) (5,692) 4,211 (474) 830 0 (52) (99) 71 352 2,329 (496) 1 Changes in unrealized gains/(losses) on total assets at fair value and changes in unrealized (gains)/losses on total liabilities at fair value relating to assets and liabilities held at period end are included in net revenues or accumulated other comprehensive income. As of 2020, changes in net unrealized gains/(losses) of CHF (692) (100) 2 Includes an adjustment of CHF 118 million reflecting the impact of applying the fair value option on certain loans (previously held at amortized cost) at the adoption of the ASU 2019-05.
Quantitative information about level 3 assets and liabilities at fair value	Quantitative information about level 3 assets measured at fair value on a recurring basis Valuation Unobservable Minimum Maximum Weighted 1 CHF million, except where indicated Trading assets 4,503 of which debt securities 1,225 of which corporates 478 of which 124 Discounted cash flow Credit spread, in bp 50 1,290 701 Price, in % 0 100 47 Recovery rate, in % 39 39 1 of which 107 Market comparable Price, in % 0 110 63 of which 55 Option model Correlation, in % (50) 100 68 Fund gap risk, in % 2 0 3 1 Volatility, in % 0 163 17 of which 69 Price Price, in % 35 120 92 of which 145 Vendor price Price, in actuals 0 123 79 of which RMBS 424 Discounted cash flow Discount rate, in % 1 29 13 of which derivatives 2,187 of which interest rate products 624 of which 6 Discounted cash flow Funding spread, in bp 109 166 127 Volatility, in % 0 100 97 of which 612 Option model Correlation, in % (4) 100 9 Mean reversion, in % (55) (8) 0 Prepayment rate, in % 0 21 17 Volatility, in % (3) 1 0 of which other derivatives 1,034 Discounted cash flow Market implied life expectancy, in years 2 14 6 Mortality rate, in % 73 138 99 of which other trading assets 896 of which 611 Discounted cash flow Market implied life expectancy, in years 3 14 7 Tax swap rate, in % 30 30 30 of which 189 Market comparable Price, in % 0 130 34 of which 93 Option model Mortality rate, in % 0 70 6 Other investments 3,666 of which other equity investments 2,863 of which 929 Adjusted NAV Price, in actuals 287 287 287 of which 1,919 Price Price, in actuals 1 1,292 54 of which life finance instruments 789 Discounted cash flow Market implied life expectancy, in years 2 16 6 Loans 1,534 of which commercial and industrial loans 717 of which 474 Discounted cash flow Credit spread, in bp 184 3,325 809 of which 6 Market comparable Price, in % 19 19 19 of which 209 Price Price, in % 0 100 50 of which financial institutions 465 of which 327 Discounted cash flow Credit spread, in bp 0 3,212 921 of which 158 Price Price, in % 14 76 31 Other assets 694 of which loans held-for-sale 562 of which 281 Discounted cash flow Credit spread, in bp 0 563 314 of which 254 Market comparable Price, in % 0 139 67 of which 16 Price Price, in % 0 75 54 1 Weighted average is calculated based on the fair value of the instruments. 2 Risk of unexpected large declines in the underlying values occurring between collateral settlement dates. Quantitative information about level 3 assets measured at fair value on a recurring basis (continued) Valuation Unobservable Minimum Maximum Weighted 1 CHF million, except where indicated Trading assets 7,535 of which debt securities 2,253 of which corporates 1,270 of which 386 Discounted cash flow Credit spread, in bp (9) 1,509 1,007 of which 321 Market comparable Price, in % 0 227 95 of which 416 Option model Correlation, in % (50) 100 55 Gap risk, in % 2 0 2 0 Recovery rate, in % 40 40 40 Volatility, in % 0 158 23 of which 71 Vendor price Price, in actuals 0 2,292 1,654 Unadjusted NAV, in actuals 1 1 1 of which derivatives 3,911 of which equity/index-related products 1,186 Option model Buyback probability, in % 50 100 66 Correlation, in % (50) 100 58 Gap risk, in % 2 0 4 0 Volatility, in % (2) 158 24 of which other derivatives 1,079 Discounted cash flow Market implied life expectancy, in years 2 14 6 Mortality rate, in % 72 137 98 of which other trading assets 1,247 of which 766 Discounted cash flow Market implied life expectancy, in years 3 14 7 Other investments 3,054 of which other equity investments 2,132 of which 840 Discounted cash flow Discount rate, in % 9 9 9 Terminal growth rate, in % 3 3 3 of which 118 Market comparable Price, in % 100 100 100 of which 974 Adjusted NAV Price, in actuals 310 310 310 of which 110 Vendor price Price, in actuals 1 1,249 713 of which life finance instruments 920 Discounted cash flow Market implied life expectancy, in years 2 15 6 Loans 3,669 of which commercial and industrial loans 1,347 of which 908 Discounted cash flow Credit spread, in bp 237 1,480 554 Recovery rate, in % 25 25 25 of which 338 Market comparable Price, in % 0 100 70 of which 72 Option model Pre-IPO intrinsic option, in actuals 100 100 100 of which financial institutions 1,082 of which 674 Discounted cash flow Credit spread, in bp 192 1,698 612 Recovery rate, in % 25 40 25 of which 190 Market comparable Price, in % 0 100 54 Other assets 1,825 of which loans held-for-sale 1,576 of which 296 Discounted cash flow Credit spread, in bp 246 506 343 Recovery rate, in % 1 40 34 of which 1,277 Market comparable Price, in % 0 111 71 1 Weighted average is calculated based on the fair value of the instruments. 2 Risk of unexpected large declines in the underlying values occurring between collateral settlement dates. Quantitative information about level 3 liabilities measured at fair value on a recurring basis Valuation Unobservable Minimum Maximum Weighted 1 CHF million, except where indicated Trading liabilities 2,809 of which derivatives 2,784 of which equity/index-related derivatives 1,787 of which 1,696 Option model Buyback probability, in % 2 50 100 72 Correlation, in % (50) 100 67 Dividend yield, in % 0 7 4 Unadjusted NAV, in actuals 101 440 358 Volatility, in % (1) 163 17 of which 63 Price Price, in actuals 0 849 2 Short-term borrowings 1,032 of which 24 Discounted cash flow Credit spread, in bp 0 181 51 of which 905 Option model Buyback probability, in % 2 50 100 72 Correlation, in % (50) 100 70 Fund gap risk, in % 3 0 3 1 Gap risk, in % 3 0 3 1 Unadjusted NAV, in actuals 101 440 358 Volatility, in % 0 163 16 of which 73 Price Price, in % 34 120 94 Long-term debt 9,676 of which structured notes over one year and up to two years 1,464 Option model Buyback probability, in % 2 50 100 72 Correlation, in % (50) 100 69 Fund gap risk, in % 3 0 3 1 Gap risk, in % 3 0 3 1 Unadjusted NAV, in actuals 101 440 358 Volatility, in % 0 163 16 of which structured notes over two years 6,318 of which 474 Discounted cash flow Credit spread, in bp 8 702 72 of which 5,813 Option model Buyback probability, in % 2 50 100 72 Correlation, in % (50) 100 75 Credit spread, in bp 3 92 75 Fund gap risk, in % 3 0 3 1 Unadjusted NAV, in actuals 101 440 358 Volatility, in % 0 163 19 of which 9 Price Price, in % 26 26 26 of which other debt instruments over two years 1,854 of which 382 Option model Buyback probability, in % 2 50 100 72 Correlation, in % 16 30 24 Price, in actuals 9 9 9 of which 1,472 Price Price, in actuals 9 35 9 1 Weighted average is calculated based on the fair value of the instruments. 2 Estimate of probability of structured notes being put back to the Group at the option of the investor over the remaining life of the financial instruments. 3 Risk of unexpected large declines in the underlying values occurring between collateral settlement dates. Quantitative information about level 3 liabilities measured at fair value on a recurring basis (continued) Valuation Unobservable Minimum Maximum Weighted 1 CHF million, except where indicated Trading liabilities 4,246 of which derivatives 4,191 of which equity/index-related derivatives 2,010 Option model Buyback probability, in % 2 50 100 66 Correlation, in % (50) 100 58 Volatility, in % (2) 158 27 of which credit derivatives 1,335 of which 738 Discounted cash flow Correlation, in % 37 45 44 Credit spread, in bp 0 1,468 391 Default rate, in % 0 7 3 Discount rate, in % 6 19 14 Funding spread, in bp 55 183 120 Loss severity, in % 0 100 68 Prepayment rate, in % 0 9 7 Recovery rate, in % 12 81 38 of which 520 Market comparable Price, in % 84 116 99 of which 12 Option model Correlation, in % 49 50 50 Credit spread, in bp 13 865 250 Short-term borrowings 701 of which 58 Discounted cash flow Credit spread, in bp (4) 992 722 Recovery rate, in % 35 40 39 of which 508 Option model Buyback probability, in % 2 50 100 66 Correlation, in % (50) 100 56 Fund gap risk, in % 3 0 2 0 Volatility, in % 3 158 30 Long-term debt 7,268 of which structured notes over one year and up to two years 1,133 of which 48 Discounted cash flow Credit spread, in bp 35 189 52 Recovery rate, in % 25 25 25 of which 1,051 Option model Buyback probability, in % 2 50 100 66 Correlation, in % (50) 100 55 Fund gap risk, in % 3 0 2 0 Gap risk, in % 3 0 4 1 Volatility, in % 0 158 24 of which structured notes over two years 5,526 of which 1,380 Discounted cash flow Credit spread, in bp (14) 481 58 Recovery rate, in % 23 40 38 of which 9 Market comparable Price, in % 27 46 27 of which 3,961 Option model Buyback probability, in % 2 50 100 66 Correlation, in % (50) 100 55 Gap risk, in % 3 0 2 0 Mean reversion, in % 4 (10) 0 (5) Volatility, in % 0 158 21 1 Weighted average is calculated based on the fair value of the instruments. 2 Estimate of probability of structured notes being put back to the Group at the option of the investor over the remaining life of the financial instruments. 3 Risk of unexpected large declines in the underlying values occurring between collateral settlement dates. 4 Management's best estimate of the speed at which interest rates will revert to the long-term average.
Own credit gains/(losses) on fair value option elected instruments recorded in AOCI	Gains/(losses) attributable to changes in instrument-specific credit risk 1 Gains/(losses) recorded 1 in 2021 Cumulative 2020 2021 2020 Financial instruments (CHF million) Customer deposits 14 (62) (9) 0 0 Short-term borrowings 19 (51) (13) 0 1 Long-term debt 266 (2,139) 70 103 155 of which treasury debt over two years (129) (921) 234 0 0 of which structured notes over two years 359 (1,132) (177) 103 155 Total 299 (2,252) 48 103 156 1 Amounts are reflected gross of tax.
Fair value, unfunded commitments and term of redemption conditions	Fair value, unfunded commitments and term of redemption conditions of investment funds measured at NAV per share 2021 2020 Unfunded Unfunded Fair value of investment funds and unfunded commitments (CHF million) Funds held in trading assets and trading liabilities 193 471 664 24 138 519 657 45 Private equity funds 40 0 40 42 94 0 94 77 Hedge funds 12 2 14 1 12 7 19 0 Equity method investment funds 336 15 351 124 321 287 608 226 Funds held in other investments 388 17 405 167 427 294 721 303 Total fair value of investment funds and unfunded commitments 581 1 488 2 1,069 191 565 3 813 4 1,378 348 1 CHF 339 million of the underlying assets have known liquidation periods and for CHF 242 million, the timing of liquidation is unknown. 2 CHF 304 million is redeemable on demand with a notice period of primarily less than 30 days. 3 CHF 190 million of the underlying assets have known liquidation periods and for CHF 375 million, the timing of liquidation is unknown. 4 CHF 540 million is redeemable on demand with a notice period of primarily less than 30 days. CHF 4 million of the investment funds had restrictions on redemptions, which have a redemption restriction of less than 1 year.
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Text Block]	Assets and liabilities measured at fair value on a nonrecurring basis end of 2021 Level 1 Level 2 Level 3 Total Assets (CHF million) Other investments 0 0 152 152 of which equity method investments 0 0 118 118 of which equity securities (without a readily determinable fair value) 0 0 21 21 Net loans 0 12 5 17 Other assets 0 29 110 139 of which loans held-for-sale 0 28 45 73 of which premises, equipment and right-of-use assets 0 1 60 61 Total assets recorded at fair value on a nonrecurring basis 0 41 267 308 Liabilities (CHF million) Other liabilities 0 0 21 21 of which commitments held-for-sale 0 0 21 21 Total liabilities recorded at fair value on a nonrecurring basis 0 0 21 21 end of 2020 Assets (CHF million) Other investments 0 217 326 543 of which equity method investments 0 0 303 303 of which equity securities (without a readily determinable fair value) 0 217 10 227 Net loans 0 67 4 71 Other assets 0 104 97 201 of which loans held-for-sale 0 97 39 136 of which premises, equipment and right-of-use assets 0 4 54 58 Total assets recorded at fair value on a nonrecurring basis 0 388 427 815 Liabilities (CHF million) Other liabilities 0 0 14 14 of which commitments held-for-sale 0 0 14 14 Total liabilities recorded at fair value on a nonrecurring basis 0 0 14 14
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]	Quantitative information about level 3 assets and liabilities measured at fair value on a nonrecurring basis Valuation Unobservable Minimum Maximum Weighted 1 Assets (CHF million, except where indicated) Other investments 152 of which equity method investments 118 Discounted cash flow Discount rate, in % 8 13 13 of which equity securities (without a readily determinable fair value) 21 of which 16 Discounted cash flow Discount rate, in % 12 16 14 of which 5 Market comparable Price per share, in actuals 5 6,003 2,441 Other assets 110 of which loans held-for-sale 45 Market comparable Price, in % 80 100 88 of which premises, equipment and right-of-use assets 60 Market comparable Price, in actuals 60 60 60 Liabilities (CHF million, except where indicated) Other liabilities 21 of which commitments held-for-sale 21 Market comparable Price, in % 80 97 83 end of 2020 Assets (CHF million, except where indicated) Other investments 326 of which equity method investments 303 Discounted cash flow Discount rate, in % 10 14 12 Other assets 97 of which loans held-for-sale 39 Market comparable Price, in % 83 100 95 of which premises, equipment and right-of-use assets 54 of which 52 Discounted cash flow Price, in actuals 52 52 52 Discount rate, in % 1 3 3 of which 2 Market comparable Price, in actuals 2 2 2 Liabilities (CHF million, except where indicated) Other liabilities 14 of which commitments held-for-sale 14 Market comparable Price, in % 83 98 89 1 Weighted average is calculated based on the fair value of the instruments.
Fair Value, Option, Quantitative Disclosures [Table Text Block]	Difference between the aggregate fair value and unpaid principal balances of fair value option-elected financial instruments 2021 2020 Aggregate Aggregate Aggregate Aggregate Financial instruments (CHF million) Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 68,623 68,565 58 57,994 57,895 99 Loans 10,243 11,035 (792) 11,408 12,079 (671) Other assets 1 8,624 10,777 (2,153) 7,834 10,090 (2,256) Due to banks and customer deposits (493) (442) (51) (578) (489) (89) Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions (13,213) (13,212) (1) (13,594) (13,578) (16) Short-term borrowings (10,690) (10,996) 306 (10,740) (10,632) (108) Long-term debt 2 (68,722) (71,833) 3,111 (70,976) (73,842) 2,866 Other liabilities (1,170) (1,403) 233 (616) (1,569) 953 Non-performing and non-interest-earning loans 3 843 2,657 (1,814) 543 3,364 (2,821) 1 Primarily loans held-for-sale. 2 Long-term debt includes both principal-protected and non-principal protected instruments. For non-principal-protected instruments, the original notional amount has been reported in the aggregate unpaid principal. 3 Included in loans or other assets. Gains and losses on financial instruments 2021 2020 2019 Net Net Net Financial instruments (CHF million) Interest-bearing deposits with banks 24 1 15 1 29 1 of which related to credit risk 2 0 11 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 638 1 1,198 1 2,696 1 Other investments 304 2 397 2 268 3 of which related to credit risk 2 1 2 Loans 443 1 510 1 908 1 of which related to credit risk (13) (181) 26 Other assets 519 1 489 1 892 1 of which related to credit risk 133 (106) 111 Due to banks and customer deposits (22) 3 (10) 3 (29) 3 of which related to credit risk 0 0 1 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions (43) 1 (58) 1 (612) 1 Short-term borrowings 98 3 (687) 3 (50) 3 of which related to credit risk 2 0 8 Long-term debt (3,005) 3 (2,294) 3 (8,501) 3 of which related to credit risk 0 11 (5) Other liabilities 171 3 (20) 3 92 2 of which related to credit risk 71 (15) 50 1 Primarily recognized in net interest income. 2 Primarily recognized in other revenues. 3 Primarily recognized in trading revenues.
Fair Value, by Balance Sheet Grouping [Table Text Block]	Carrying value and fair value of financial instruments not carried at fair value Carrying end of Level 1 Level 2 Level 3 Total 2021 (CHF million) Financial assets Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 35,283 0 35,283 0 35,283 Loans 277,766 0 272,527 13,722 286,249 Other financial assets 1 180,024 164,097 15,469 503 180,069 Financial liabilities Due to banks and customer deposits 407,607 243,324 164,289 0 407,613 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 22,061 0 22,061 0 22,061 Short-term borrowings 8,703 0 8,702 0 8,702 Long-term debt 98,174 0 98,841 1,716 100,557 Other financial liabilities 2 12,460 1 12,021 443 12,465 2020 (CHF million) Financial assets Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 34,282 0 34,282 0 34,282 Loans 277,137 0 272,660 14,534 287,194 Other financial assets 1 155,266 138,672 16,315 303 155,290 Financial liabilities Due to banks and customer deposits 402,589 234,700 167,924 0 402,624 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 23,399 0 23,399 0 23,399 Short-term borrowings 10,128 0 10,128 0 10,128 Long-term debt 90,111 0 90,897 2,317 93,214 Other financial liabilities 2 16,012 0 15,567 412 15,979 1 Primarily includes cash and due from banks, interest-bearing deposits with banks, loans held-for-sale, cash collateral on derivative instruments, interest and fee receivables and non-marketable equity securities. 2 Primarily includes cash collateral on derivative instruments and interest and fee payables.
Bank
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Assets and liabilities measured at fair value on a recurring basis 1 Assets 2 Assets (CHF million) Cash and due from banks 0 308 0 – – 308 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 0 68,623 0 – – 68,623 Securities received as collateral 13,848 1,155 14 – – 15,017 Trading assets 54,145 146,768 4,503 (94,782) 665 111,299 of which debt securities 12,191 40,799 1,225 – 82 54,297 of which foreign government 11,996 11,377 35 – – 23,408 of which corporates 72 9,057 478 – 82 9,689 of which RMBS 0 17,033 424 – – 17,457 of which equity securities 34,342 1,486 195 – 583 36,606 of which derivatives 6,224 103,930 2,187 (94,782) – 17,559 of which interest rate products 721 48,083 624 – – – of which foreign exchange products 123 20,686 53 – – – of which equity/index-related products 5,348 29,808 212 – – – of which other derivatives 0 196 1,034 – – – of which other trading assets 1,388 553 896 – – 2,837 Investment securities 0 1,003 0 – – 1,003 Other investments 0 23 3,666 – 404 4,093 of which other equity investments 0 23 2,863 – 351 3,237 of which life finance instruments 0 0 789 – – 789 Loans 0 8,709 1,534 – – 10,243 of which commercial and industrial loans 0 2,267 717 – – 2,984 of which financial institutions 0 3,840 465 – – 4,305 Other intangible assets (mortgage servicing rights) 0 57 167 – – 224 Other assets 121 8,750 694 (381) – 9,184 of which failed purchases 98 1,135 11 – – 1,244 of which loans held-for-sale 0 6,818 562 – – 7,380 Total assets at fair value 68,114 235,396 10,578 (95,163) 1,069 219,994 1 Derivative contracts are reported on a gross basis by level. The impact of netting represents legally enforceable master netting agreements. 2 In accordance with US GAAP, certain investments that are measured at fair value using the net asset value per share practical expedient have not been classified in the fair value Assets and liabilities measured at fair value on a recurring basis (continued) 1 Liabilities 2 Liabilities (CHF million) Due to banks 0 477 0 – – 477 Customer deposits 0 3,306 394 – – 3,700 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 0 13,307 0 – – 13,307 Obligation to return securities received as collateral 13,848 1,155 14 – – 15,017 Trading liabilities 19,423 105,865 2,809 (100,559) 1 27,539 of which short positions 11,693 4,974 25 – 1 16,693 of which debt securities 2,809 4,865 3 – – 7,677 of which foreign government 2,667 968 0 – – 3,635 of which corporates 113 3,839 3 – – 3,955 of which equity securities 8,884 109 22 – 1 9,016 of which derivatives 7,730 100,891 2,784 (100,559) – 10,846 of which interest rate products 776 44,039 26 – – – of which foreign exchange products 133 22,646 57 – – – of which equity/index-related products 6,812 27,919 1,787 – – – Short-term borrowings 0 9,658 1,032 – – 10,690 Long-term debt 0 58,112 9,676 – – 67,788 of which structured notes over one year and up to two years 0 11,036 1,464 – – 12,500 of which structured notes over two years 0 24,168 6,318 – – 30,486 of which other debt instruments over two years 0 3,223 1,854 – – 5,077 of which high-trigger instruments 0 10,708 0 – – 10,708 of which other subordinated bonds 0 7,133 0 – – 7,133 Other liabilities 348 2,008 517 (305) – 2,568 Total liabilities at fair value 33,619 193,888 14,442 (100,864) 1 141,086 1 Derivative contracts are reported on a gross basis by level. The impact of netting represents legally enforceable master netting agreements. 2 In accordance with US GAAP, certain investments that are measured at fair value using the net asset value per share practical expedient have not been classified in the fair value Assets and liabilities measured at fair value on a recurring basis (continued) 1 Assets 2 Assets (CHF million) Cash and due from banks 0 525 0 – – 525 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 0 57,994 0 – – 57,994 Securities received as collateral 44,074 6,598 101 – – 50,773 Trading assets 87,746 181,303 7,535 (119,731) 658 157,511 of which debt securities 16,321 45,903 2,253 – 55 64,532 of which foreign government 15,908 11,909 140 – – 27,957 of which corporates 353 9,936 1,270 – 55 11,614 of which RMBS 0 20,882 557 – – 21,439 of which equity securities 60,080 2,466 124 – 603 63,273 of which derivatives 9,297 132,054 3,911 (119,731) – 25,531 of which interest rate products 3,036 71,043 733 – – – of which foreign exchange products 42 24,259 143 – – – of which equity/index-related products 6,150 31,945 1,186 – – – of which other derivatives 22 110 1,079 – – – of which other trading assets 2,048 880 1,247 – – 4,175 Investment securities 1 604 0 – – 605 Other investments 13 6 3,054 – 720 3,793 of which other equity investments 13 6 2,132 – 609 2,760 of which life finance instruments 0 0 920 – – 920 Loans 0 7,739 3,669 – – 11,408 of which commercial and industrial loans 0 2,187 1,347 – – 3,534 of which financial institutions 0 3,506 1,082 – – 4,588 Other intangible assets (mortgage servicing rights) 0 0 180 – – 180 Other assets 137 7,315 1,825 (904) – 8,373 of which failed purchases 109 1,229 51 – – 1,389 of which loans held-for-sale 0 4,870 1,576 – – 6,446 Total assets at fair value 131,971 262,084 16,364 (120,635) 1,378 291,162 1 Derivative contracts are reported on a gross basis by level. The impact of netting represents legally enforceable master netting agreements. 2 In accordance with US GAAP, certain investments that are measured at fair value using the net asset value per share practical expedient have not been classified in the fair value Assets and liabilities measured at fair value on a recurring basis (continued) 1 Liabilities 2 Liabilities (CHF million) Due to banks 0 413 0 – – 413 Customer deposits 0 3,895 448 – – 4,343 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 0 13,688 0 – – 13,688 Obligation to return securities received as collateral 44,074 6,598 101 – – 50,773 Trading liabilities 33,543 138,018 4,246 (129,937) 1 45,871 of which equity securities 20,527 111 55 – 1 20,694 of which derivatives 10,535 132,956 4,191 (129,937) – 17,745 of which interest rate products 3,264 68,229 169 – – – of which foreign exchange products 51 28,819 72 – – – of which equity/index-related products 7,149 30,612 2,010 – – – of which credit derivatives 0 4,663 1,335 – – – Short-term borrowings 0 10,039 701 – – 10,740 Long-term debt 0 62,957 7,286 – – 70,243 of which structured notes over one year and up to two years 0 11,787 1,133 – – 12,920 of which structured notes over two years 0 28,330 5,526 – – 33,856 of which high-trigger instruments 0 10,627 0 – – 10,627 Other liabilities 0 6,675 1,250 (169) – 7,756 Total liabilities at fair value 77,617 242,283 14,032 (130,106) 1 203,827 1 Derivative contracts are reported on a gross basis by level. The impact of netting represents legally enforceable master netting agreements. 2 In accordance with US GAAP, certain investments that are measured at fair value using the net asset value per share practical expedient have not been classified in the fair value
Assets and liabilities measured at fair value on a recurring basis for level 3	Assets and liabilities measured at fair value on a recurring basis for level 3 Accumulated other Foreign 1 Assets (CHF million) Securities received as collateral 101 0 0 73 (164) 0 0 0 0 0 0 0 0 4 14 0 Trading assets 7,535 1,345 (3,413) 4,867 (5,685) 874 (1,629) (133) 509 0 (1) 0 0 234 4,503 52 of which debt securities 2,253 878 (1,701) 3,668 (4,141) 0 0 (331) 509 0 (1) 0 0 91 1,225 103 of which corporates 1,270 471 (747) 2,753 (3,483) 0 0 (321) 472 0 0 0 0 63 478 154 of which RMBS 557 158 (615) 654 (385) 0 0 (25) 59 0 0 0 0 21 424 (15) of which derivatives 3,911 314 (1,551) 0 0 874 (1,514) 79 (16) 0 0 0 0 90 2,187 116 of which interest rate products 733 58 (222) 0 0 175 (79) (8) (14) 0 0 0 0 (19) 624 141 of which other derivatives 1,079 1 0 0 0 311 (325) 0 (73) 0 0 0 0 41 1,034 (81) of which other trading assets 1,247 31 (90) 1,035 (1,371) 0 (115) 62 49 0 0 0 0 48 896 (96) Other investments 3,054 99 (758) 1,513 (658) 0 0 0 86 0 267 0 0 63 3,666 120 of which other equity investments 2,132 65 (757) 1,478 (443) 0 0 0 96 0 262 0 0 30 2,863 80 of which life finance instruments 920 0 0 33 (188) 0 0 0 (10) 0 0 0 0 34 789 39 Loans 2 3,669 257 (1,315) 362 (194) 207 (1,620) 7 55 0 (3) 0 0 109 1,534 (59) of which commercial and industrial loans 2 1,347 213 (364) 10 (133) 162 (643) 19 74 0 (3) 0 0 35 717 6 of which financial institutions 1,082 43 (340) 0 (42) 34 (409) 1 70 0 0 0 0 26 465 27 Other intangible assets (mortgage servicing rights) 180 0 0 22 0 0 0 0 0 0 (42) 0 0 7 167 (42) Other assets 1,825 370 (902) 3,447 (3,269) 120 (924) 14 (41) 0 0 0 0 54 694 (137) of which loans held-for-sale 1,576 360 (855) 3,394 (3,222) 120 (921) 25 41 0 0 0 0 44 562 (104) Total assets at fair value 16,364 2,071 (6,388) 10,284 (9,970) 1,201 (4,173) (112) 609 0 221 0 0 471 10,578 (66) Liabilities (CHF million) Customer deposits 448 0 0 0 0 0 0 0 (18) 0 0 0 (14) (22) 394 (29) Obligation to return securities received as collateral 101 0 0 73 (164) 0 0 0 0 0 0 0 0 4 14 0 Trading liabilities 4,246 1,007 (2,703) 45 (56) 1,135 (1,498) 340 138 0 0 0 0 155 2,809 653 of which derivatives 4,191 838 (2,553) 19 (8) 1,135 (1,498) 340 166 0 0 0 0 154 2,784 629 of which equity/index-related derivatives 2,010 562 (1,498) 0 0 581 (644) 353 352 0 0 0 0 71 1,787 712 Short-term borrowings 701 359 (550) 0 0 1,766 (1,363) (35) 128 0 0 0 0 26 1,032 72 Long-term debt 7,286 4,767 (6,698) 0 0 11,323 (6,863) (36) (324) 0 0 0 (49) 270 9,676 (31) of which structured notes over one year and up to two years 1,133 1,802 (1,979) 0 0 2,052 (1,663) (26) 104 0 0 (1) (1) 43 1,464 (2) of which structured notes over two years 5,526 2,965 (4,314) 0 0 7,540 (5,038) 11 (528) 0 0 1 (47) 202 6,318 (312) of which other debt instruments over two years 165 0 (2) 0 0 1,616 (36) 0 105 0 0 0 0 6 1,854 306 Other liabilities 1,250 21 (538) 51 (89) 116 (493) 10 (28) 109 66 0 0 42 517 26 Total liabilities at fair value 14,032 6,154 (10,489) 169 (309) 14,340 (10,217) 279 (104) 109 66 0 (63) 475 14,442 691 Net assets/(liabilities) at fair value 2,332 (4,083) 4,101 10,115 (9,661) (13,139) 6,044 (391) 713 (109) 155 0 63 (4) (3,864) (757) 1 Changes in unrealized gains/(losses) on total assets at fair value and changes in unrealized (gains)/losses on total liabilities at fair value relating to assets and liabilities held at period end are included in net revenues or accumulated other comprehensive income. As of 2021, changes in net unrealized gains/(losses) of CHF (841) Assets and liabilities measured at fair value on a recurring basis for level 3 (continued) Accumulated other Foreign 1 Assets (CHF million) Securities received as collateral 1 0 0 213 (106) 0 0 0 0 0 0 0 0 (7) 101 0 Trading assets 7,885 3,255 (3,271) 6,304 (6,740) 2,064 (2,968) 290 1,598 0 5 0 0 (887) 7,535 1,377 of which debt securities 1,923 2,078 (1,775) 3,811 (3,493) 0 0 1 14 0 5 0 0 (311) 2,253 166 of which corporates 1,128 703 (809) 2,685 (2,464) 0 0 26 211 0 0 0 0 (210) 1,270 196 of which derivatives 3,534 995 (1,207) 0 0 2,064 (2,891) 213 1,607 0 1 0 0 (405) 3,911 1,323 of which equity/index-related products 1,040 255 (519) 0 0 507 (743) 107 725 0 0 0 0 (186) 1,186 752 of which other derivatives 909 0 0 0 0 303 (326) (1) 291 0 0 0 0 (97) 1,079 310 of which other trading assets 2,231 119 (246) 2,420 (3,189) 0 (77) 72 76 0 (1) 0 0 (158) 1,247 (87) Other investments 2,523 8 0 442 (194) 0 0 0 112 0 286 0 0 (123) 3,054 409 of which other equity investments 1,463 7 0 408 (22) 0 0 0 13 0 293 0 0 (30) 2,132 298 of which life finance instruments 1,052 0 0 34 (172) 0 0 0 99 0 0 0 0 (93) 920 112 Loans 2 3,835 1,268 (549) 437 (640) 1,170 (1,435) 52 (164) 0 1 0 0 (306) 3,669 (97) of which commercial and industrial loans 2 1,402 446 (170) 184 (442) 610 (435) 6 (150) 0 1 0 0 (105) 1,347 (183) of which financial institutions 1,201 238 (245) 0 (31) 499 (531) 20 43 0 0 0 0 (112) 1,082 47 Other intangible assets (mortgage servicing rights) 244 0 0 0 0 0 0 0 0 0 (44) 0 0 (20) 180 (44) Other assets 1,846 1,440 (709) 4,553 (4,595) 547 (995) (17) (14) 0 0 0 0 (231) 1,825 (48) of which loans held-for-sale 1,619 1,380 (665) 4,504 (4,567) 547 (994) (41) 4 0 0 0 0 (211) 1,576 (73) Total assets at fair value 16,334 5,971 (4,529) 11,949 (12,275) 3,781 (5,398) 325 1,532 0 248 0 0 (1,574) 16,364 1,597 Liabilities (CHF million) Customer deposits 474 0 0 0 0 0 (27) 0 7 0 0 0 10 (16) 448 46 Obligation to return securities received as collateral 1 0 0 213 (106) 0 0 0 0 0 0 0 0 (7) 101 0 Trading liabilities 3,854 848 (1,614) 471 (310) 2,146 (2,375) 260 1,428 0 0 0 0 (462) 4,246 1,653 of which derivatives 3,801 829 (1,611) 198 (8) 2,146 (2,375) 259 1,410 0 0 0 0 (458) 4,191 1,646 of which equity/index-related derivatives 1,921 248 (954) 0 0 776 (536) 167 644 0 0 0 0 (256) 2,010 1,162 of which credit derivatives 1,211 539 (562) 0 0 1,111 (1,425) 85 502 0 0 0 0 (126) 1,335 277 Short-term borrowings 997 37 (294) 0 0 1,307 (1,189) 4 (62) 0 0 0 0 (99) 701 94 Long-term debt 12,749 3,089 (7,478) 0 0 5,891 (5,622) 568 (690) 0 0 99 (82) (1,238) 7,286 209 of which structured notes over one year and up to two years 891 689 (676) 0 0 1,022 (690) 40 (38) 0 0 1 (1) (105) 1,133 (19) of which structured notes over two years 11,458 1,614 (6,479) 0 0 4,766 (4,577) 532 (683) 0 0 98 (92) (1,111) 5,526 224 Other liabilities 1,367 160 (183) 266 (277) 129 (390) (33) 37 0 289 0 0 (115) 1,250 64 Total liabilities at fair value 19,442 4,134 (9,569) 950 (693) 9,473 (9,603) 799 720 0 289 99 (72) (1,937) 14,032 2,066 Net assets/(liabilities) at fair value (3,108) 1,837 5,040 10,999 (11,582) (5,692) 4,205 (474) 812 0 (41) (99) 72 363 2,332 (469) 1 Changes in unrealized gains/(losses) on total assets at fair value and changes in unrealized (gains)/losses on total liabilities at fair value relating to assets and liabilities held at period end are included in net revenues or accumulated other comprehensive income. As of 2020, changes in net unrealized gains/(losses) of CHF (667) (98) 2 Includes an adjustment of CHF 119 million reflecting the impact of applying the fair value option on certain loans (previously held at amortized cost) at the adoption of the ASU 2019-05. > Refer to “Note 36 – Financial instruments” in VI – Consolidated financial statements – Credit Suisse Group for qualitative information about level 3 assets and liabilities measured at fair value on a recurring basis.
Own credit gains/(losses) on fair value option elected instruments recorded in AOCI	Gains/(losses) attributable to changes in instrument-specific credit risk 1 Gains/(losses) recorded 1 in 2021 Cumulative 2020 2021 2020 Financial instruments (CHF million) Customer deposits 14 (62) (9) 0 0 Short-term borrowings 19 (51) (13) 0 1 Long-term debt 263 (2,087) 24 103 155 of which treasury debt over two years (134) (859) 188 0 0 of which structured notes over two years 361 (1,142) (177) 103 155 Total 296 (2,200) 2 103 156 1 Amounts are reflected gross of tax.
Fair value, unfunded commitments and term of redemption conditions	Fair value, unfunded commitments and term of redemption conditions of investment funds measured at NAV per share 2021 2020 Unfunded Unfunded Fair value of investment funds and unfunded commitments (CHF million) Funds held in trading assets and trading liabilities 193 471 664 24 138 519 657 45 Private equity funds 39 0 39 42 92 0 92 77 Hedge funds 12 2 14 1 12 7 19 0 Equity method investment funds 336 15 351 124 322 287 609 226 Funds held in other investments 387 17 404 167 426 294 720 303 Fair value of investment funds and unfunded commitments 580 1 488 2 1,068 191 564 3 813 4 1,377 348 1 CHF 339 million of the underlying assets have known liquidation periods and for CHF 241 million, the timing of liquidation is unknown. 2 CHF 304 million of the redeemable on demand with a notice period of primarily less than 30 days. 3 CHF 190 million of the underlying assets have known liquidation periods and for CHF 374 million, the timing of liquidation is unknown. 4 CHF 540 million of the redeemable on demand with a notice period of primarily less than 30 days. CHF 4 million of the investment funds had restrictions on redemptions, which have a redemption restriction of less than 1 year.
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Text Block]	Assets and liabilities measured at fair value on a nonrecurring basis end of 2021 Level 1 Level 2 Level 3 Total Assets (CHF million) Other investments 0 0 152 152 of which equity method investments 0 0 118 118 of which equity securities (without a readily determinable fair value) 0 0 21 21 Net loans 0 12 5 17 Other assets 0 29 110 139 of which loans held-for-sale 0 28 45 73 of which premises, equipment and right-of-use assets 0 1 60 61 Total assets recorded at fair value on a nonrecurring basis 0 41 267 308 Liabilities (CHF million) Other liabilities 0 0 21 21 of which commitments held-for-sale 0 0 21 21 Total liabilities recorded at fair value on a nonrecurring basis 0 0 21 21 end of 2020 Assets (CHF million) Other investments 0 217 326 543 of which equity method investments 0 0 303 303 of which equity securities (without a readily determinable fair value) 0 217 10 227 Net loans 0 67 4 71 Other assets 0 104 97 201 of which loans held-for-sale 0 97 39 136 of which premises, equipment and right-of-use assets 0 4 54 58 Total assets recorded at fair value on a nonrecurring basis 0 388 427 815 Liabilities (CHF million) Other liabilities 0 0 14 14 of which commitments held-for-sale 0 0 14 14 Total liabilities recorded at fair value on a nonrecurring basis 0 0 14 14
Fair Value, Option, Quantitative Disclosures [Table Text Block]	Difference between the aggregate fair value and unpaid principal balances of fair value option-elected financial instruments 2021 2020 Aggregate Aggregate Aggregate Aggregate Financial instruments (CHF million) Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 68,623 68,565 58 57,994 57,895 99 Loans 10,243 11,035 (792) 11,408 12,079 (671) Other assets 1 8,624 10,777 (2,153) 7,834 10,090 (2,256) Due to banks and customer deposits (493) (442) (51) (578) (489) (89) Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions (13,307) (13,306) (1) (13,688) (13,672) (16) Short-term borrowings (10,690) (10,996) 306 (10,740) (10,632) (108) Long-term debt 2 (67,788) (70,946) 3,158 (70,243) (73,175) 2,932 Other liabilities (1,170) (1,403) 233 (616) (1,569) 953 Non-performing and non-interest-earning loans 3 843 2,657 (1,814) 543 3,364 (2,821) 1 Primarily loans held-for-sale. 2 Long-term debt includes both principal-protected and non-principal protected instruments. For non-principal-protected instruments, the original notional amount has been reported in the aggregate unpaid principal. 3 Included in loans or other assets. Gains and losses on financial instruments 2021 2020 2019 Net Net Net Financial instruments (CHF million) Interest-bearing deposits with banks 24 1 15 1 29 1 of which related to credit risk 2 0 11 Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 638 1 1,198 1 2,696 1 Other investments 304 2 397 2 268 3 of which related to credit risk 2 1 2 Loans 443 1 510 1 908 1 of which related to credit risk (13) (181) 26 Other assets 519 1 489 1 892 1 of which related to credit risk 133 (106) 111 Due to banks and customer deposits (22) 3 (10) 3 (29) 3 of which related to credit risk 0 0 1 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions (43) 1 (58) 1 (612) 1 Short-term borrowings 98 3 (687) 3 (50) 3 of which related to credit risk 2 0 8 Long-term debt (2,644) 3 (2,349) 3 (7,950) 3 of which related to credit risk 0 11 (5) Other liabilities 171 3 (20) 3 92 2 of which related to credit risk 71 (15) 50 1 Primarily recognized in net interest income. 2 Primarily recognized in other revenues. 3 Primarily recognized in trading revenues.
Fair Value, by Balance Sheet Grouping [Table Text Block]	Carrying value and fair value of financial instruments not carried at fair value Carrying end of Level 1 Level 2 Level 3 Total 2021 (CHF million) Financial assets Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 35,283 0 35,283 0 35,283 Loans 286,438 0 281,195 13,722 294,917 Other financial assets 1 179,217 163,307 15,457 494 179,258 Financial liabilities Due to banks and customer deposits 408,624 244,155 164,475 0 408,630 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 22,061 0 22,061 0 22,061 Short-term borrowings 14,646 0 14,646 0 14,646 Long-term debt 92,908 0 93,597 1,702 95,299 Other financial liabilities 2 12,542 0 12,105 441 12,546 2020 (CHF million) Financial assets Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 34,282 0 34,282 0 34,282 Loans 285,570 0 281,097 14,534 295,631 Other financial assets 1 154,441 137,763 16,399 302 154,464 Financial liabilities Due to banks and customer deposits 403,704 235,477 168,262 0 403,739 Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 23,399 0 23,399 0 23,399 Short-term borrowings 10,568 0 10,569 0 10,569 Long-term debt 90,035 0 90,716 2,317 93,033 Other financial liabilities 2 16,131 0 15,694 403 16,097 1 Primarily includes cash and due from banks, interest-bearing deposits with banks, loans held-for-sale, cash collateral on derivative instruments, interest and fee receivables and non-marketable equity securities. 2 Primarily includes cash collateral on derivative instruments and interest and fee payables.

Assets pledged and collateral (

Assets pledged and collateral (Tables)	12 Months Ended
	Dec. 31, 2021
Assets pledged and collateral	Assets pledged end of 2021 2020 1 CHF million Total assets pledged or assigned as collateral 88,721 141,826 of which encumbered 39,105 80,428 1 Prior period has been revised.
Fair value of collateral received with the right to sell or repledge	Collateral end of 2021 2020 1 CHF million Fair value of collateral received with the right to sell or repledge 289,898 414,268 of which sold or repledged 144,747 215,601 1 Prior period has been revised.
Schedule of Other Assets Pledged and Collateral	Other information end of 2021 2020 CHF million Swiss National Bank required minimum liquidity reserves 2,246 2,092 Other restricted cash, securities and receivables 1 3,868 4,089 2 1 Includes cash, securities and receivables recorded on the Group’s consolidated balance sheets and restricted under Swiss or foreign regulations for financial institutions; excludes restricted cash, securities and receivables held on behalf of clients which are not recorded on the Group’s consolidated balance sheet. 2 Prior period has been revised.
Bank
Assets pledged and collateral	Assets pledged end of 2021 2020 1 CHF million Total assets pledged or assigned as collateral 88,721 141,826 of which encumbered 39,105 80,428 1 Prior period has been revised.
Fair value of collateral received with the right to sell or repledge	Collateral end of 2021 2020 1 CHF million Fair value of collateral received with the right to sell or repledge 289,898 414,268 of which sold or repledged 144,747 215,601 1 Prior period has been revised.
Schedule of Other Assets Pledged and Collateral	Other information end of 2021 2020 CHF million Swiss National Bank required minimum liquidity reserves 2,246 2,092 Other restricted cash, securities and receivables 1 3,423 3,465 2 1 Includes cash, securities and receivables recorded on the Group’s consolidated balance sheets and restricted under Swiss or foreign regulations for financial institutions; excludes restricted cash, securities and receivables held on behalf of clients which are not recorded on the Group’s consolidated balance sheet. 2 Prior period has been revised.

Capital adequacy (Tables)

Capital adequacy (Tables)	12 Months Ended
	Dec. 31, 2021
BIS statistics	Swiss metrics end of 2021 2020 Swiss capital (CHF million) Swiss CET1 capital 38,529 35,351 Going concern capital 54,372 51,192 Gone concern capital 1 46,648 41,852 Total loss-absorbing capacity (TLAC) 101,020 93,044 Swiss risk-weighted assets and leverage exposure (CHF million) Swiss risk-weighted assets 268,418 275,576 Leverage exposure 889,137 812,996 2 Swiss capital ratios (%) Swiss CET1 ratio 14.4 12.8 Going concern capital ratio 20.3 18.6 Gone concern capital ratio 17.4 15.2 TLAC ratio 37.6 33.8 Swiss leverage ratios (%) Swiss CET1 leverage ratio 4.3 4.3 Going concern leverage ratio 6.1 6.3 Gone concern leverage ratio 5.2 5.1 3 TLAC leverage ratio 11.4 11.4 Swiss capital ratio requirements (%) Swiss CET1 ratio requirement 10.0 10.0 Going concern capital ratio requirement 14.3 14.3 Gone concern capital ratio requirement 14.3 14.3 TLAC ratio requirement 28.6 28.6 Swiss leverage ratio requirements (%) Swiss CET1 leverage ratio requirement 3.5 3.5 Going concern leverage ratio requirement 5.0 5.0 Gone concern leverage ratio requirement 5.0 5.0 TLAC leverage ratio requirement 10.0 10.0 1 Amounts are shown on a look-through basis. Certain tier 2 instruments and their related tier 2 amortization components are subject to phase out through 2022. As of 2021 and 2020, gone concern capital was CHF 46,897 million and CHF 42,198 million, including CHF 249 million and CHF 346 million, respectively, of such instruments. 2 Excludes CHF 110,677 million of cash held at central banks, after adjusting for the dividend paid in 2020. 3 The gone concern ratio would have been 4.5%, if calculated using a leverage exposure of CHF 923,673 million, without the temporary exclusion of cash held at central banks, after adjusting for the dividend paid in 2020, of CHF 110,677 million.
Bank
BIS statistics	Swiss metrics end of 2021 2020 Swiss capital (CHF million) Swiss CET1 capital 44,185 40,691 Going concern capital 1 59,110 55,648 Gone concern capital 41,316 41,857 Total loss-absorbing capacity (TLAC) 100,426 97,505 Swiss risk-weighted assets and leverage exposure (CHF million) Swiss risk-weighted assets 267,558 276,157 Leverage exposure 895,810 806,005 2 Swiss capital ratios (%) Swiss CET1 ratio 16.5 14.7 Going concern capital ratio 22.1 20.2 Gone concern capital ratio 15.4 15.2 TLAC ratio 37.5 35.3 Swiss leverage ratios (%) Swiss CET1 leverage ratio 4.9 5.0 Going concern leverage ratio 6.6 6.9 Gone concern leverage ratio 4.6 5.2 3 TLAC leverage ratio 11.2 12.1 Swiss capital ratio requirements (%) Swiss CET1 ratio requirement 10.0 10.0 Going concern capital ratio requirement 14.3 14.3 Gone concern capital ratio requirement 14.3 14.3 TLAC ratio requirement 28.6 28.6 Swiss leverage ratio requirements (%) Swiss CET1 leverage ratio requirement 3.5 3.5 Going concern leverage ratio requirement 5.0 5.0 Gone concern leverage ratio requirement 5.0 5.0 TLAC leverage ratio requirement 10.0 10.0 1 Amounts are shown on a look-through basis. Certain tier 2 instruments and their related tier 2 amortization components are subject to phase out through 2022. As of 2021 and 2020, gone concern capital was CHF 41,565 million and CHF 42,203 million, including CHF 249 million and CHF 346 million, respectively, of such instruments. 2 Excludes CHF 124,218 million of cash held at central banks, after adjusting for the dividend paid in 2020. 3 The gone concern ratio would have been 4.5%, if calculated using a leverage exposure of CHF 930,223 million, without the temporary exclusion of cash held at central banks, after adjusting for the dividend paid in 2020, of CHF 124,218 million.

Assets under management (Tables

Assets under management (Tables)	12 Months Ended
	Dec. 31, 2021
Assets under management and net new assets	Assets under management end of 2021 2020 CHF billion Assets in collective investment instruments managed by Credit Suisse 231.8 215.6 Assets with discretionary mandates 294.8 267.4 Other assets under management 1,087.4 1,028.9 Assets under management (including double counting) 1,614.0 1,511.9 of which double counting 46.2 49.1 Changes in assets under management 2021 2020 Assets under management (CHF billion) Balance at beginning of period 1 1,511.9 1,507.2 Net new assets/(net asset outflows) 30.9 42.0 Market movements, interest, dividends and foreign exchange 92.6 (14.7) of which market movements, interest and dividends 2 80.8 53.4 of which foreign exchange 11.8 (68.1) Other effects (21.4) (22.6) Balance at end of period 1,614.0 1,511.9 1 Including double counting. 2 Net of commissions and other expenses and net of interest expenses charged.
Bank
Assets under management and net new assets	Assets under management end of 2021 2020 CHF billion Assets in collective investment instruments managed by Credit Suisse 228.9 210.7 Assets with discretionary mandates 294.8 267.3 Other assets under management 1,087.3 1,029.0 Assets under management (including double counting) 1,611.0 1,507.0 of which double counting 45.9 48.8
Changes in assets under management	Changes in assets under management 2021 2020 Assets under management (CHF billion) Balance at beginning of period 1 1,507.0 1,500.7 Net new assets/(net asset outflows) 33.2 43.4 Market movements, interest, dividends and foreign exchange 92.4 (14.5) of which market movements, interest and dividends 2 80.7 53.2 of which foreign exchange 11.7 (67.7) Other effects (21.6) (22.6) Balance at end of period 1,611.0 1,507.0 1 Including double counting. 2 Net of commissions and other expenses and net of interest expenses charged.

Litigation (Tables)

Litigation (Tables)	12 Months Ended
	Dec. 31, 2021
Litigation provisions	Litigation provisions 2021 CHF million Balance at beginning of period 1,660 Increase in litigation accruals 1,541 Decrease in litigation accruals (68) Decrease for settlements and other cash payments (1,630) Foreign exchange translation 36 Balance at end of period 1,539

Significant subsidiaries and _2

Significant subsidiaries and equity method investments (Tables)	12 Months Ended
	Dec. 31, 2021
Significant subsidiaries and equity method investments	Significant subsidiaries Nominal Equity End of 2021 Credit Suisse Group AG Credit Suisse AG Zurich, Switzerland CHF 4,399.7 100 Credit Suisse Insurance Linked Strategies Ltd Zurich, Switzerland CHF 0.2 100 Credit Suisse (Poland) SP. z o.o Warsaw, Poland PLN 20.0 100 Credit Suisse Services AG Zurich, Switzerland CHF 1.0 100 Credit Suisse Trust AG Zurich, Switzerland CHF 5.0 100 Credit Suisse Trust Holdings Limited St. Peter Port, Guernsey GBP 7.0 100 CS LP Holding AG Zug, Switzerland CHF 0.1 100 Inreska Limited St. Peter Port, Guernsey GBP 3.0 100 Savoy Hotel Baur en Ville AG Zurich, Switzerland CHF 7.5 88 Credit Suisse AG Alpine Securitization LTD George Town, Cayman Islands USD 80.5 100 Banco Credit Suisse (Brasil) S.A. São Paulo, Brazil BRL 53.6 100 Banco Credit Suisse (Mexico), S.A. Mexico City, Mexico MXN 3,591.7 100 Banco de Investimentos Credit Suisse (Brasil) S.A. São Paulo, Brazil BRL 164.8 100 Bank-now AG Horgen, Switzerland CHF 30.0 100 Boston Re Ltd. Hamilton, Bermuda USD 2.0 100 Casa de Bolsa Credit Suisse (Mexico), S.A. de C.V. Mexico City, Mexico MXN 274.0 100 Column Financial, Inc. Wilmington, United States USD 0.0 100 Credit Suisse (Australia) Limited Sydney, Australia AUD 34.1 100 Credit Suisse (Brasil) S.A. Corretora de Titulos e Valores Mobiliarios São Paulo, Brazil BRL 98.4 100 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 (Qatar) LLC Doha, Qatar USD 29.0 100 Credit Suisse (Schweiz) AG Zurich, Switzerland CHF 100.0 100 Credit Suisse (Singapore) Limited Singapore, Singapore SGD 743.3 100 Credit Suisse (UK) Limited London, United Kingdom GBP 245.2 100 Credit Suisse (USA), Inc. Wilmington, United States USD 0.0 100 Credit Suisse Asset Management (Schweiz) AG Zurich, Switzerland CHF 0.2 100 Credit Suisse Asset Management (UK) Holding Limited London, United Kingdom GBP 144.2 100 Credit Suisse Asset Management International Holding Ltd Zurich, Switzerland CHF 20.0 100 Credit Suisse Asset Management Investments Ltd Zurich, Switzerland CHF 0.1 100 Credit Suisse Asset Management Limited London, United Kingdom GBP 45.0 100 Credit Suisse Asset Management Real Estate GmbH Frankfurt, Germany EUR 6.1 100 Credit Suisse Asset Management, LLC Wilmington, United States USD 1,115.9 100 Credit Suisse Atlas I Investments (Luxembourg) S.à.r.l. Luxembourg, Luxembourg USD 0.0 100 Credit Suisse Bank (Europe), S.A. Spain, Madrid EUR 18.0 100 Credit Suisse Brazil (Bahamas) Limited Nassau, Bahamas USD 70.0 100 Credit Suisse Business Analytics (India) Private Limited Mumbai, India INR 40.0 100 Credit Suisse Capital LLC Wilmington, United States USD 1,702.3 100 Credit Suisse Entrepreneur Capital AG Zurich, Switzerland CHF 15.0 100 Credit Suisse Equities (Australia) Limited Sydney, Australia AUD 62.5 100 Credit Suisse Finance (India) Private Limited Mumbai, India INR 1,050.1 100 Credit Suisse First Boston (Latam Holdings) LLC George Town, Cayman Islands USD 28.8 100 Credit Suisse First Boston Finance B.V. Amsterdam, The Netherlands EUR 0.0 100 Significant subsidiaries (continued) Nominal Equity Credit Suisse First Boston Mortgage Capital LLC Wilmington, United States USD 206.6 100 Credit Suisse First Boston Next Fund, Inc. Wilmington, United States USD 0.0 100 Credit Suisse Fund Management S.A. Luxembourg, Luxembourg CHF 0.3 100 Credit Suisse Fund Services (Luxembourg) S.A. Luxembourg, Luxembourg CHF 1.5 100 Credit Suisse Funds AG Zurich, Switzerland CHF 7.0 100 Credit Suisse Hedging-Griffo Corretora de Valores S.A. São Paulo, Brazil BRL 29.6 100 Credit Suisse Holding Europe (Luxembourg) S.A. Luxembourg, Luxembourg CHF 32.6 100 Credit Suisse Holdings (Australia) Limited Sydney, Australia AUD 3.0 100 Credit Suisse Holdings (USA), Inc. Wilmington, United States USD 550.0 100 Credit Suisse International London, United Kingdom USD 11,366.2 100 1 Credit Suisse Istanbul Menkul Degerler A.S. Istanbul, Turkey TRY 10.0 100 Credit Suisse Life (Bermuda) Ltd. Hamilton, Bermuda USD 0.5 100 Credit Suisse Loan Funding LLC Wilmington, United States USD 1.7 100 Credit Suisse Management LLC Wilmington, United States USD 891.4 100 Credit Suisse Prime Securities Services (USA) LLC Wilmington, United States USD 3.3 100 Credit Suisse Saudi Arabia Riyadh, Saudi Arabia SAR 737.5 100 Credit Suisse Securities (Canada), Inc. Toronto, Canada CAD 3.4 100 Credit Suisse Securities (Europe) Limited London, United Kingdom USD 3,859.3 100 Credit Suisse Securities (Hong Kong) Limited Hong Kong, China HKD 2,080.9 100 Credit Suisse Securities (India) Private Limited Mumbai, India INR 2,214.7 100 Credit Suisse Securities (Japan) Limited Tokyo, Japan JPY 78,100.0 100 Credit Suisse Securities (Johannesburg) Proprietary Limited - in liquidation Johannesburg, South Africa ZAR 0.0 100 Credit Suisse Securities (Malaysia) Sdn. Bhd. Kuala Lumpur, Malaysia MYR 100.0 100 Credit Suisse Securities (Singapore) Pte. Limited Singapore, Singapore SGD 30.0 100 Credit Suisse Securities (Thailand) Limited Bangkok, Thailand THB 500.0 100 Credit Suisse Securities (USA) LLC Wilmington, United States USD 2,200.7 100 Credit Suisse Services (India) Private Limited Pune, India INR 0.1 100 Credit Suisse Services (USA) LLC Wilmington, United States USD 15.4 100 CS Non-Traditional Products Ltd. Nassau, Bahamas USD 0.1 100 CSSEL Guernsey Bare Trust St. Peter Port, Guernsey USD 0.0 100 DLJ Mortgage Capital, Inc. Wilmington, United States USD 0.0 100 Fides Treasury Services AG Zurich, Switzerland CHF 2.0 100 JSC "Bank Credit Suisse (Moscow)" Moscow, Russia RUB 460.0 100 Lime Residential, Ltd. Nassau, Bahamas USD 0.0 100 LLC "Credit Suisse Securities (Moscow)" Moscow, Russia RUB 727.0 100 Merban Equity AG Zug, Switzerland CHF 0.1 100 Select Portfolio Servicing, Inc. Utah, United States USD 0.0 100 Solar Investco II Ltd. George Town, Cayman Islands USD 0.0 100 SP Holding Enterprises Corp. Wilmington, United States USD 0.0 100 SR Lease Co VI Ltd. Cayman Islands USD 0.0 100 PT Credit Suisse Sekuritas Indonesia Jakarta, Indonesia IDR 235,000.0 99 Credit Suisse Hypotheken AG Zurich, Switzerland CHF 0.1 98 Credit Suisse Securities (China) Limited Beijing, China CNY 1,089.0 51 1 98% of voting rights and 98% of equity interest held by Credit Suisse AG. Significant equity method investments Equity Credit Suisse Group AG Credit Suisse Group Funding (Guernsey) Limited St. Peter Port, Guernsey 100 1 Credit Suisse AG Swisscard AECS GmbH Horgen, Switzerland 50 Stockbrokers Holdings Pty Ltd. Melbourne, Australia 23 ICBC Credit Suisse Asset Management Co., Ltd. Beijing, China 20 York Capital Management Global Advisors, LLC New York, United States 5 2 Holding Verde Empreendimentos e Participações S.A. São Paulo, Brazil 0 2 1 Deconsolidated under US GAAP as the Group is not the primary beneficiary. 2 The Group holds a significant noncontrolling interest.
Bank
Significant subsidiaries and equity method investments	Significant subsidiaries Nominal Equity End of 2021 Credit Suisse AG Alpine Securitization LTD George Town, Cayman Islands USD 80.5 100 Banco Credit Suisse (Brasil) S.A. São Paulo, Brazil BRL 53.6 100 Banco Credit Suisse (Mexico), S.A. Mexico City, Mexico MXN 3,591.7 100 Banco de Investimentos Credit Suisse (Brasil) S.A. São Paulo, Brazil BRL 164.8 100 Bank-now AG Horgen, Switzerland CHF 30.0 100 Boston Re Ltd. Hamilton, Bermuda USD 2.0 100 Casa de Bolsa Credit Suisse (Mexico), S.A. de C.V. Mexico City, Mexico MXN 274.0 100 Column Financial, Inc. Wilmington, United States USD 0.0 100 Credit Suisse (Australia) Limited Sydney, Australia AUD 34.1 100 Credit Suisse (Brasil) S.A. Corretora de Titulos e Valores Mobiliarios São Paulo, Brazil BRL 98.4 100 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 (Qatar) LLC Doha, Qatar USD 29.0 100 Credit Suisse (Schweiz) AG Zurich, Switzerland CHF 100.0 100 Credit Suisse (Singapore) Limited Singapore, Singapore SGD 743.3 100 Credit Suisse (UK) Limited London, United Kingdom GBP 245.2 100 Credit Suisse (USA), Inc. Wilmington, United States USD 0.0 100 Credit Suisse Asset Management (Schweiz) AG Zurich, Switzerland CHF 0.2 100 Credit Suisse Asset Management (UK) Holding Limited London, United Kingdom GBP 144.2 100 Credit Suisse Asset Management International Holding Ltd Zurich, Switzerland CHF 20.0 100 Credit Suisse Asset Management Investments Ltd Zurich, Switzerland CHF 0.1 100 Credit Suisse Asset Management Limited London, United Kingdom GBP 45.0 100 Credit Suisse Asset Management Real Estate GmbH Frankfurt, Germany EUR 6.1 100 Credit Suisse Asset Management, LLC Wilmington, United States USD 1,115.9 100 Credit Suisse Atlas I Investments (Luxembourg) S.à.r.l. Luxembourg, Luxembourg USD 0.0 100 Credit Suisse Bank (Europe), S.A. Spain, Madrid EUR 18.0 100 Credit Suisse Brazil (Bahamas) Limited Nassau, Bahamas USD 70.0 100 Credit Suisse Business Analytics (India) Private Limited Mumbai, India INR 40.0 100 Credit Suisse Capital LLC Wilmington, United States USD 1,702.3 100 Credit Suisse Entrepreneur Capital AG Zurich, Switzerland CHF 15.0 100 Credit Suisse Equities (Australia) Limited Sydney, Australia AUD 62.5 100 Credit Suisse Finance (India) Private Limited Mumbai, India INR 1,050.1 100 Credit Suisse First Boston (Latam Holdings) LLC George Town, Cayman Islands USD 28.8 100 Credit Suisse First Boston Finance B.V. Amsterdam, The Netherlands EUR 0.0 100 Credit Suisse First Boston Mortgage Capital LLC Wilmington, United States USD 206.6 100 Credit Suisse First Boston Next Fund, Inc. Wilmington, United States USD 0.0 100 Credit Suisse Fund Management S.A. Luxembourg, Luxembourg CHF 0.3 100 Significant subsidiaries (continued) Nominal Equity Credit Suisse Fund Services (Luxembourg) S.A. Luxembourg, Luxembourg CHF 1.5 100 Credit Suisse Funds AG Zurich, Switzerland CHF 7.0 100 Credit Suisse Hedging-Griffo Corretora de Valores S.A. São Paulo, Brazil BRL 29.6 100 Credit Suisse Holding Europe (Luxembourg) S.A. Luxembourg, Luxembourg CHF 32.6 100 Credit Suisse Holdings (Australia) Limited Sydney, Australia AUD 3.0 100 Credit Suisse Holdings (USA), Inc. Wilmington, United States USD 550.0 100 Credit Suisse Istanbul Menkul Degerler A.S. Istanbul, Turkey TRY 10.0 100 Credit Suisse Life (Bermuda) Ltd. Hamilton, Bermuda USD 0.5 100 Credit Suisse Loan Funding LLC Wilmington, United States USD 1.7 100 Credit Suisse Management LLC Wilmington, United States USD 891.4 100 Credit Suisse Prime Securities Services (USA) LLC Wilmington, United States USD 3.3 100 Credit Suisse Saudi Arabia Riyadh, Saudi Arabia SAR 737.5 100 Credit Suisse Securities (Canada), Inc. Toronto, Canada CAD 3.4 100 Credit Suisse Securities (Europe) Limited London, United Kingdom USD 3,859.3 100 Credit Suisse Securities (Hong Kong) Limited Hong Kong, China HKD 2,080.9 100 Credit Suisse Securities (India) Private Limited Mumbai, India INR 2,214.7 100 Credit Suisse Securities (Japan) Limited Tokyo, Japan JPY 78,100.0 100 Credit Suisse Securities (Johannesburg) Proprietary Limited - in liquidation Johannesburg, South Africa ZAR 0.0 100 Credit Suisse Securities (Malaysia) Sdn. Bhd. Kuala Lumpur, Malaysia MYR 100.0 100 Credit Suisse Securities (Singapore) Pte. Limited Singapore, Singapore SGD 30.0 100 Credit Suisse Securities (Thailand) Limited Bangkok, Thailand THB 500.0 100 Credit Suisse Securities (USA) LLC Wilmington, United States USD 2,200.7 100 Credit Suisse Services (India) Private Limited Pune, India INR 0.1 100 Credit Suisse Services (USA) LLC Wilmington, United States USD 15.4 100 CS Non-Traditional Products Ltd. Nassau, Bahamas USD 0.1 100 CSSEL Guernsey Bare Trust St. Peter Port, Guernsey USD 0.0 100 DLJ Mortgage Capital, Inc. Wilmington, United States USD 0.0 100 Fides Treasury Services AG Zurich, Switzerland CHF 2.0 100 JSC "Bank Credit Suisse (Moscow)" Moscow, Russia RUB 460.0 100 Lime Residential, Ltd. Nassau, Bahamas USD 0.0 100 LLC "Credit Suisse Securities (Moscow)" Moscow, Russia RUB 727.0 100 Merban Equity AG Zug, Switzerland CHF 0.1 100 Select Portfolio Servicing, Inc. Utah, United States USD 0.0 100 Solar Investco II Ltd. George Town, Cayman Islands USD 0.0 100 SP Holding Enterprises Corp. Wilmington, United States USD 0.0 100 SR Lease Co VI Ltd. Cayman Islands USD 0.0 100 PT Credit Suisse Sekuritas Indonesia Jakarta, Indonesia IDR 235,000.0 99 Credit Suisse Hypotheken AG Zurich, Switzerland CHF 0.1 98 Credit Suisse International London, United Kingdom USD 11,366.2 98 1 Credit Suisse Securities (China) Limited Beijing, China CNY 1,089.0 51 1 Remaining 2% held directly by Credit Suisse Group AG. 98% of voting rights and 98% of equity interest held by Credit Suisse AG. Significant equity method investments Equity End of 2021 Credit Suisse AG Swisscard AECS GmbH Horgen, Switzerland 50 Stockbrokers Holdings Pty Ltd. Melbourne, Australia 23 ICBC Credit Suisse Asset Management Co., Ltd. Beijing, China 20 York Capital Management Global Advisors, LLC New York, United States 5 1 Holding Verde Empreendimentos e Participações S.A. São Paulo, Brazil 0 1 1 The Bank holds a significant noncontrolling interest.

Subsidiary guarantee informatio

Subsidiary guarantee information (Tables)	12 Months Ended
	Dec. 31, 2021
Subsidiary guarantee information
Schedule of subsidiary guarantee information [Table Text Block]	Condensed statements of operations and comprehensive income in 2021 2020 2019 Condensed statements of operations and comprehensive income (CHF million) Dividends from subsidiaries 12 24 24 of which from bank 10 10 10 of which from non-bank 2 14 14 Interest and dividend income 2,124 1,633 1,307 of which from subsidiaries and other affiliates 2,124 1,633 1,307 Interest expense (2,173) (1,649) (1,343) of which from subsidiaries and other affiliates 54 39 9 Net interest income (37) 8 (12) Commissions and fees 6 18 23 Trading revenues (6) 12 (68) of which from subsidiaries and other affiliates (802) 550 289 Other revenues 36 78 100 of which from subsidiaries and other affiliates 36 77 100 Net revenues (1) 116 43 Compensation and benefits 25 84 101 General and administrative expenses 74 62 61 Commission expenses 0 2 1 Total other operating expenses 74 64 62 Total operating expenses 99 148 163 Income/(loss) before taxes (100) (32) (120) Income tax expense/(benefit) (4) (5) 0 Undistributed earnings/(loss) of subsidiaries and other affiliates (1,554) 1 2,696 3,539 Net income/(loss) (1,650) 2,669 3,419 Other comprehensive income/(loss), net of tax 1,824 (2,881) (2,224) Comprehensive income/(loss) 174 (212) 1,195 1 Includes a goodwill impairment charge of CHF 1,623 million. Condensed balance sheets end of 2021 2020 Assets (CHF million) Cash and due from banks 143 277 of which from subsidiaries and other affiliates 143 277 Interest-bearing deposits with banks 5,948 445 of which from subsidiaries and other affiliates 5,944 440 Investment securities 55,659 52,061 of which from subsidiaries and other affiliates 55,659 52,061 Investments in subsidiaries and other affiliates 51,452 49,911 Other assets 831 782 of which from subsidiaries and other affiliates 827 761 Total assets 114,033 103,476 Liabilities and equity (CHF million) Due to banks 2,743 2,442 of which from subsidiaries and other affiliates 2,743 2,442 Short-term borrowings 4,700 4,700 of which from subsidiaries and other affiliates 4,700 4,700 Long-term debt 61,949 53,009 Other liabilities 687 648 of which from subsidiaries and other affiliates 7 6 Total liabilities 70,079 60,799 Total shareholders' equity 43,954 42,677 Total liabilities and equity 114,033 103,476 Condensed statements of cash flows in 2021 2020 2019 Operating activities (CHF million) Net cash provided by/(used in) operating activities (286) (10) (131) Investing activities (CHF million) (Increase)/decrease in interest-bearing deposits with banks (5,772) 1 2 Purchase of investment securities (2,995) (12,644) (9,396) Maturities of investment securities 56 0 942 Investments in subsidiaries and other investments (1,121) 0 (10) Proceeds from sale of other investments 9 0 48 Other, net 0 0 6 Net cash provided by/(used in) investing activities (9,823) (12,643) (8,408) Financing activities (CHF million) Increase/(decrease) in due to banks and customer deposits 301 155 923 Issuances of long-term debt 8,730 13,644 10,396 Repayments of long-term debt (56) 0 (942) Issuances of common shares 1,661 0 (10) Sale of treasury shares 544 420 560 Repurchase of treasury shares (1,017) (882) (1,916) Dividends paid (257) (716) (728) Other, net (1) 60 211 Net cash provided by/(used in) financing activities 9,905 12,681 8,494 Effect of exchange rate changes on cash and due from banks (CHF million) Effect of exchange rate changes on cash and due from banks 70 (28) (2) Net increase/(decrease) in cash and due from banks (CHF million) Net increase/(decrease) in cash and due from banks (134) 0 (47) Cash and due from banks at beginning of period 1 277 277 324 Cash and due from banks at end of period 1 143 277 277 1 Includes restricted cash.

Summary of significant accoun_3

Summary of significant accounting policies (Details)	12 Months Ended
	Dec. 31, 2021yearday
Accounting Policies [Line Items]
Voting rights percentage threshold used to consolidate subsidiaries	50.00%
Equity method of accounting, low end of range of voting interest (as a percent)	20.00%
Equity method of accounting, high end of range of voting interest (as a percent)	50.00%
Real estate held for investment purposes, useful life, low end of range (in years) | year	40
Real estate held for investment purposes, useful life, high end of range (in years) | year	67
Actuarial gains and losses threshold over the PBO or market value of plan assets which is amortized (as a percent)	10.00%
Non-performing loan classification, past due (in days)	90
Non-performing loan classification subprime residential loans, past due (in days)	120
Non-performing subprime residential loans typical period for transferring servicing (in days)	30
Minimum
Accounting Policies [Line Items]
Equity method of accounting for limited partnership interests, threshold voting interest (as a percent)	3.00%
Maximum
Accounting Policies [Line Items]
Equity method of accounting for limited partnership interests, threshold voting interest (as a percent)	5.00%

Summary of significant accoun_4

Summary of significant accounting policies - Useful lives (Details 2) - Buildings	12 Months Ended
	Dec. 31, 2021
Minimum
Premises and equipment disclosures
Useful life	40 years
Maximum
Premises and equipment disclosures
Useful life	67 years

Summary of significant accoun_5

Summary of significant accounting policies - Revision of prior period (Details 3) SFr in Millions	12 Months Ended
	Dec. 31, 2021CHF (SFr)	Dec. 31, 2020CHF (SFr)	Dec. 31, 2019CHF (SFr)
Assets	SFr 755,833	SFr 818,965
Liabilities	711,603	776,024
Net Cash Provided by (Used in) Operating Activities	36,938	(6,031)	SFr (17,338)
Net Cash Provided by (Used in) Investing Activities	(10,082)	14,450	(2,359)
Net Cash Provided by (Used in) Financing Activities	(47)	31,481	22,136
Revision of Prior Period, Adjustment, Netting treatment [Member]
Assets	13,143
Liabilities	(13,143)
Net Cash Provided by (Used in) Investing Activities	(70)
Net Cash Provided by (Used in) Financing Activities	SFr 70
Leverage Ratio, increase/decrease (in basis points)	10
Revision of Prior Period, Adjustment, Share-based Compensation Reclassification [Member]
Net Cash Provided by (Used in) Operating Activities	SFr 483	1,086
Net Cash Provided by (Used in) Investing Activities	(2,294)	(1,033)
Net Cash Provided by (Used in) Financing Activities	1,811	(53)
Bank
Assets	759,214	822,831
Liabilities	711,127	775,772
Net Cash Provided by (Used in) Operating Activities	36,893	(5,792)	(17,439)
Net Cash Provided by (Used in) Investing Activities	(10,139)	13,369	(4,206)
Net Cash Provided by (Used in) Financing Activities	179	32,205	SFr 23,970
Bank | Revision of Prior Period, Adjustment, Netting treatment [Member]
Assets	13,143
Liabilities	(13,143)
Net Cash Provided by (Used in) Investing Activities	(70)
Net Cash Provided by (Used in) Financing Activities	SFr 70
Leverage Ratio, increase/decrease (in basis points)	10
Bank | Revision of Prior Period, Adjustment, Share-based Compensation Reclassification [Member]
Net Cash Provided by (Used in) Operating Activities	SFr 371	979
Net Cash Provided by (Used in) Investing Activities	(2,273)	(1,045)
Net Cash Provided by (Used in) Financing Activities	SFr 1,902	SFr 66

Recently issued accounting st_2

Recently issued accounting standards (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounting change
Retained Earnings (Accumulated Deficit)	SFr 31,064	SFr 32,834
Accumulated Other Comprehensive Income (Loss), Net of Tax	(21,326)	(23,150)
Net revenues	22,696	22,389	SFr 22,484
Total operating expenses	19,091	17,826	17,440
Compensation and benefits	8,963	9,890	10,036
General and administrative expenses	7,159	6,523	6,128
Assets and Liabilities, Lessee [Abstract]
Operating Lease, Liability	2,591	2,759
Bank
Accounting change
Retained Earnings (Accumulated Deficit)	14,932	15,871
Accumulated Other Comprehensive Income (Loss), Net of Tax	(19,359)	(20,239)
Net revenues	23,042	22,503	22,686
Total operating expenses	18,924	18,200	17,969
Compensation and benefits	8,011	8,860	9,105
General and administrative expenses	8,581	7,962	SFr 7,588
Assets and Liabilities, Lessee [Abstract]
Operating Lease, Right-of-Use Asset	1,716	1,855
Operating Lease, Liability	SFr 1,861	SFr 1,981

Recently issued accounting st_3

Recently issued accounting standards (Details 2) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Assets [Abstract]
Interest-bearing deposits with banks	SFr 1,323	SFr 1,298
Loans Receivable, Fair Value Disclosure	10,243	11,408
Financing Receivable and Fair value Loans, Net Reported amount	291,686	291,908
Financing Receivable, before Allowance for Credit Loss and Fee	282,821	282,131
Loans and Leases Receivable, Allowance			SFr 946	SFr 902
Other Assets	41,231	39,637
Liabilities [Abstract]
Other Liabilities	22,644	31,434
Other Liabilities, Fair Value Disclosure	2,592	7,780
Off-Balance Sheet, Credit Loss, Liability	257	311
Retained Earnings (Accumulated Deficit)	31,064	32,834
Bank
Assets [Abstract]
Interest-bearing deposits with banks	1,256	1,230
Loans Receivable, Fair Value Disclosure	10,243	11,408
Financing Receivable and Fair value Loans, Net Reported amount	300,358	300,341
Financing Receivable, before Allowance for Credit Loss and Fee	291,492	290,563
Loans and Leases Receivable, Allowance			SFr 945	SFr 901
Other Assets	36,715	36,574
Liabilities [Abstract]
Other Liabilities	21,309	30,340
Other Liabilities, Fair Value Disclosure	2,568	7,756
Off-Balance Sheet, Credit Loss, Liability	257	311
Retained Earnings (Accumulated Deficit)	SFr 14,932	SFr 15,871

Business developments (Details)

Business developments (Details) - CHF (SFr) SFr in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Business Acquisition
Issued shares (in shares)		2,650,747,720	2,447,747,720	2,556,011,720	2,556,011,720
Other Revenue, Other Investments		SFr 253	SFr 769	SFr 1,141
Bank
Business Acquisition
Issued shares (in shares)	[1]	4,399,680,200	4,399,680,200
Other Revenue, Other Investments		SFr 256	SFr 769	SFr 1,142
[1]	The Bank's total share capital is fully paid and consists of 4,399,680,200 registered shares as of December 31, 2021. Each share is entitled to one vote. The Bank has no warrants on its own shares outstanding.

Business developments - Share t

Business developments - Share transactions (Details 2) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Jun. 30, 2020	Dec. 31, 2018
Additional share information
Issuance of common shares	203,000,000	0	0
Issued shares (in shares)	2,650,747,720	2,447,747,720	2,556,011,720		2,556,011,720
Series A MCNs [Member]
Additional share information
Issuance of common shares	100,000,000
MCNs principal amount				SFr 865
Series B MCNs [Member]
Additional share information
Issuance of common shares	103,000,000
MCNs principal amount				SFr 891

Business developments - Registe

Business developments - Registered shares (Details 3) - CHF (SFr) shares in Millions, SFr in Millions	Dec. 31, 2021	Nov. 12, 2021	Dec. 31, 2020	Aug. 01, 2018	Nov. 04, 2013
Chase Nominees Ltd. | Shareholder registered in share register [Member]
Related party disclosures
Shares held by related party	304		323
Investment Owned, Face Amount	SFr 12		SFr 13
Portion of registered Group shares held by related party (as a percent)	11.48%		13.21%
Qatar Holding LLC
Related party disclosures
Shares held by related party		133.2
Portion of registered Group shares held by related party (as a percent)		5.03%
Harris Associates LP
Related party disclosures
Shares held by related party					81.5
Portion of registered Group shares held by related party (as a percent)					5.17%
Nortrust Nominees Ltd. | Shareholder registered in share register [Member]
Related party disclosures
Shares held by related party	197		184
Investment Owned, Face Amount	SFr 8		SFr 7
Portion of registered Group shares held by related party (as a percent)	7.42%		7.53%
The Bank of New York Mellon | Shareholder registered in share register [Member]
Related party disclosures
Shares held by related party	139
Investment Owned, Face Amount	SFr 6
Portion of registered Group shares held by related party (as a percent)	5.25%
Harris Associates Investment Trust
Related party disclosures
Portion of registered Group shares held by related party (as a percent)				4.97%

Business developments - Subsequ

Business developments - Subsequent events (Details 4) - CHF (SFr) SFr in Millions	1 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Pending Litigation
Subsequent Event [Line Items]
Increases in litigation accruals		SFr 1,541
Subsequent Event | Loss Contingency, Russia Invasion Ukraine [Member]
Subsequent Event [Line Items]
Subsequent Event, Description	Russia’s invasion of Ukraine In late February 2022, the Russian government launched a military attack on Ukraine. In response to Russia’s military attack, the US, EU, UK, Switzerland and other countries across the world imposed severe sanctions against Russia’s financial system and on Russian government officials and Russian business leaders. The sanctions included limitations on the ability of Russian banks to access the SWIFT financial messaging service and restrictions on transactions with the Russian central bank. The Russian government has also imposed certain countermeasures, which include restrictions relating to foreign currency accounts and security transactions. These measures followed earlier sanctions that had already been imposed by the US, EU and UK in 2021 in response to alleged Russian activities related to Syria, cybersecurity, electoral interference and other matters. The Group is assessing the impact of the sanctions already imposed, and potential future escalations, on its exposures and client relationships. As of December 31, 2021, the Group had a net credit exposure to Russia of approximately CHF 0.8 billion primarily comprised of corporate and institutional loans, trade finance activities and derivative exposures. In addition, its Russian subsidiaries had a net asset value of approximately CHF 0.2 billion as of December 31, 2021. As of March 7, 2022, the Group had minimal total credit exposures towards specifically sanctioned individuals managed by its Wealth Management division. The Group is currently monitoring settlement risk on certain open transactions with Russian counterparties, and market closures, the imposition of exchange controls, sanctions or other actions may limit our ability to settle existing transactions or realize on collateral, which could result in unexpected increases in exposures. The Group notes that these recent developments may affect its financial performance, including credit loss estimates and potential asset impairments, albeit given the early stage of these developments, it is not yet possible to estimate the size of any reasonably possible losses.
Credit Suisse International [Member] | Subsequent Event | Loss Contingency, Stadtwerke Munchen [Member]
Subsequent Event [Line Items]
Subsequent Event, Description	Litigation settlement In March 2022, Credit Suisse International reached a settlement related to a legacy litigation brought by Stadtwerke München GmbH and the parties will shortly apply to the court to have all proceedings against Credit Suisse discontinued. As a result, the Group increased its 2021 litigation provision by CHF 78 million in the Corporate Center and decreased its estimate of the aggregate range of reasonably possible losses not covered by existing provisions from zero to CHF 1.6 billion to zero to CHF 1.5 billion.
Increases in litigation accruals	SFr 78

Business developments - Busines

Business developments - Business developments (Details 5) - CHF (SFr) SFr in Millions	3 Months Ended		12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Subsidiary, Sale of Stock [Line Items]
Net revenues			SFr 22,696	SFr 22,389	SFr 22,484
Total operating expenses			SFr 19,091	SFr 17,826	SFr 17,440
Allfunds Group [Member]
Subsidiary, Sale of Stock [Line Items]
Sale of Stock, Description of Transaction			Allfunds Group Credit Suisse holds an equity investment in Allfunds Group following the transfer of the Group’s open architecture investment fund platform Credit Suisse InvestLab to Allfunds Group. On April 23, 2021, Allfunds Group announced a successful initial public offering (IPO) on the Euronext Amsterdam exchange with an initial market capitalization of EUR 7.24 billion on the day of the listing. Net revenues in 2021 pertaining to Allfunds Group included gains of CHF 622 million reflecting share price movements as well as a reduction of the Group’s equity interest from 14.0% to 8.6% as of December 31, 2021. Following the IPO, the Group’s investment in Allfunds Group was reclassified from other investments to trading assets.
Subsidiary or Equity Method Investee, Cumulative Percentage Ownership after All Transactions			8.60%	14.00%
Net revenues			SFr 622
Credit Suisse Life and Pensions AG [Member]
Subsidiary, Sale of Stock [Line Items]
Sale of Stock, Description of Transaction			Credit Suisse Life & Pensions AG In the third quarter of 2021, Credit Suisse Life & Pensions AG was sold to Octium Holdings SA. As a result of the sale, the Group recorded a loss of CHF 42 million, which was reflected in International Wealth Management and Swiss Universal Bank. Related assets and liabilities have been reclassified to held-for-sale until close of this transaction.
Net revenues			SFr 42
York Capital Management [Member]
Subsidiary, Sale of Stock [Line Items]
Net revenues	SFr (113)	SFr (414)

Business developments (Details

Business developments (Details 6) SFr in Millions, $ in Millions	3 Months Ended				12 Months Ended
	Dec. 31, 2021CHF (SFr)	Sep. 30, 2021CHF (SFr)	Jun. 30, 2021CHF (SFr)	Mar. 31, 2021CHF (SFr)	Dec. 31, 2021CHF (SFr)	Dec. 31, 2020CHF (SFr)	Dec. 31, 2019CHF (SFr)	Dec. 31, 2021USD ($)
Business developments [Line Items]
Other financial assets held at amortized cost					SFr 4,291	SFr 24	SFr 11
Trading revenues					2,431	3,295	1,739
Total operating expenses					19,091	17,826	17,440
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest					(600)	3,467	SFr 4,720
Loans	SFr 10,243				SFr 10,243	SFr 11,408
Archegos Capital Management [Member]
Business developments [Line Items]
Business development, Description					Archegos Capital Management The Group incurred significant losses in 2021 in respect of the failure by Archegos Capital Management (Archegos) to meet its margin commitments. Certain Group subsidiaries were notified by the fund that it would be unable to return margin advances previously extended and, following the failure of the fund, the Group exited the fund positions. In the first quarter of 2021, the Group recorded a provision for credit losses of CHF 4,430 million with regard to this matter. In the second quarter of 2021, the Group incurred additional losses of CHF 594 million with regard to this matter, consisting of CHF 493 million of trading losses as a result of market movements during the process of closing out the fund positions, a provision for credit losses of CHF 70 million and operating expenses of CHF 31 million mainly reflecting severance-related costs and professional services fees. In the third quarter of 2021, the Group’s results included a positive impact of CHF 235 million, consisting of net revenues of CHF 23 million, a release of provision for credit losses of CHF 188 million pertaining to an assessment of the future recoverability of receivables and negative operating expenses of CHF 24 million. In the fourth quarter of 2021, the Group’s results included a release of provision for credit losses of CHF 5 million and total operating expenses of CHF 14 million. The aggregate loss attributable to this matter in 2021 was CHF 4,798 million.
Other financial assets held at amortized cost	(5)	SFr (188)	SFr 70	SFr 4,430	SFr 4,307
Trading revenues		23	(493)
Negative operating expenses		24
Total operating expenses	SFr 14		31
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest		SFr 235	SFr (594)		SFr (4,798)
Greensill Capital [Member]
Business developments [Line Items]
Business development, Description					Supply chain finance funds In early March 2021, the boards of four supply chain finance funds managed by certain Group subsidiaries (collectively, the SCFFs) decided to suspend redemptions and subscriptions of those funds to protect the interests of the funds’ investors, to terminate the SCFFs and to proceed to their liquidation. The last published net asset value (NAV) of the SCFFs in late February 2021 was approximately USD 10 billion in the aggregate. As of January 31, 2022, together with the cash already distributed to investors and cash remaining in the funds, total cash collected in the SCFFs amounts to approximately USD 7.3 billion including the cash position in the funds at the time of suspension. Redemption payments totaling approximately USD 6.7 billion have been made to their investors in six cash distributions. There remains considerable uncertainty regarding the valuation of a significant part of the remaining assets, including the fact that certain of the notes underlying the funds were not paid when they fell due and the portfolio manager has been informed that further notes will not be paid when they fall due in the future. It therefore can be assumed that the investors of the SCFFs will suffer a loss. The amount of loss of the investors is currently unknown. The Group continues to analyze this matter, including with the assistance of external counsel and other experts. The Board initiated an externally led investigation of this matter, supervised by a special committee of the Board. The related report has been completed, the findings have been made available to the Board and the report was shared with FINMA. Given the reputational impact of the SCFF matter on the Group, actions have been taken against a number of employees where the Board deemed it was appropriate. In light of the ongoing recovery process and the legal complexities of the matter, there is no intention by the Board to publish the report. An internal project has been set up to further enhance governance as well as to strengthen risk management processes. The Group continues to assess the potential for recovery on behalf of the investors in the funds, and further analyze new, pending or threatened proceedings. As previously reported, the resolution of the matter, the timing of which is difficult to predict, could cause the Group to incur material losses. With respect to the Group’s outstanding collateralized bridge loan of USD 90 million to Greensill Capital, the Group has marked its fair value to USD 63 million as of December 31, 2021.
Loans | $								$ 63
Principal amount outstanding | $								$ 90

Segment information - Income st

Segment information - Income statement related (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information
Net revenues	SFr 22,696	SFr 22,389	SFr 22,484
Income/(loss) before taxes	(600)	3,467	4,720
Switzerland
Segment Reporting Information
Net revenues	7,285	7,719	8,434
Income/(loss) before taxes	257	1,770	2,985
EMEA
Segment Reporting Information
Net revenues	3,524	3,885	1,962
Income/(loss) before taxes	(4,929)	(124)	(1,786)
Americas
Segment Reporting Information
Net revenues	8,827	7,614	9,103
Income/(loss) before taxes	3,781	1,577	3,409
Asia Pacific
Segment Reporting Information
Net revenues	3,060	3,171	2,985
Income/(loss) before taxes	291	244	112
Operating Segments [Member] | Swiss Universal Bank
Segment Reporting Information
Net revenues	5,801	5,615	5,905
Income/(loss) before taxes	2,729	2,104	2,573
Operating Segments [Member] | International Wealth Management
Segment Reporting Information
Net revenues	3,462	3,747	4,181
Income/(loss) before taxes	976	1,091	1,586
Operating Segments [Member] | Asia Pacific
Segment Reporting Information
Net revenues	3,242	3,155	3,029
Income/(loss) before taxes	994	828	922
Operating Segments [Member] | Investment Bank
Segment Reporting Information
Net revenues	8,888	9,098	8,161
Income/(loss) before taxes	(3,703)	1,655	1,026
Operating Segments [Member] | Asset Management
Segment Reporting Information
Net revenues	1,456	1,090	1,635
Income/(loss) before taxes	300	(39)	479
Corporate Center
Segment Reporting Information
Net revenues	(153)	(316)	(427)
Income/(loss) before taxes	(1,896)	(2,172)	(1,866)
Bank
Segment Reporting Information
Net revenues	23,042	22,503	22,686
Income/(loss) before taxes	(91)	3,211	4,393
Bank | Switzerland
Segment Reporting Information
Net revenues	8,382	8,659	9,239
Income/(loss) before taxes	1,659	2,477	3,259
Bank | EMEA
Segment Reporting Information
Net revenues	2,916	3,162	1,244
Income/(loss) before taxes	(5,554)	(847)	(2,574)
Bank | Americas
Segment Reporting Information
Net revenues	8,896	7,765	9,253
Income/(loss) before taxes	3,574	1,419	3,348
Bank | Asia Pacific
Segment Reporting Information
Net revenues	2,848	2,917	2,950
Income/(loss) before taxes	230	162	360
Bank | Operating Segments [Member] | Swiss Universal Bank
Segment Reporting Information
Net revenues	5,801	5,615	5,905
Income/(loss) before taxes	2,729	2,104	2,573
Bank | Operating Segments [Member] | International Wealth Management
Segment Reporting Information
Net revenues	3,462	3,747	4,181
Income/(loss) before taxes	976	1,091	1,586
Bank | Operating Segments [Member] | Asia Pacific
Segment Reporting Information
Net revenues	3,242	3,155	3,029
Income/(loss) before taxes	994	828	922
Bank | Operating Segments [Member] | Investment Bank
Segment Reporting Information
Net revenues	8,888	9,098	8,161
Income/(loss) before taxes	(3,703)	1,655	1,026
Bank | Operating Segments [Member] | Asset Management
Segment Reporting Information
Net revenues	1,456	1,090	1,635
Income/(loss) before taxes	300	(39)	479
Bank | Adjustments
Segment Reporting Information
Net revenues	193	(202)	(225)
Income/(loss) before taxes	SFr (1,387)	SFr (2,428)	SFr (2,193)

Segment information - Balance s

Segment information - Balance sheet related (Details 2) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information
Total assets	SFr 755,833	SFr 818,965
Americas
Segment Reporting Information
Total assets	249,656	300,762
Asia Pacific
Segment Reporting Information
Total assets	86,257	96,508
EMEA
Segment Reporting Information
Total assets	163,659	159,661
Switzerland
Segment Reporting Information
Total assets	256,261	262,034
Operating Segments | Swiss Universal Bank
Segment Reporting Information
Total assets	263,797	261,465
Operating Segments | International Wealth Management
Segment Reporting Information
Total assets	88,715	91,503
Operating Segments | Asia Pacific
Segment Reporting Information
Total assets	67,395	67,356
Operating Segments | Investment Bank
Segment Reporting Information
Total assets	211,802	271,976
Operating Segments | Asset Management
Segment Reporting Information
Total assets	3,393	3,703
Corporate Center
Segment Reporting Information
Total assets	120,731	122,962
Bank
Segment Reporting Information
Total assets	759,214	822,831
Bank | Americas
Segment Reporting Information
Total assets	249,680	300,783
Bank | Asia Pacific
Segment Reporting Information
Total assets	86,121	96,488
Bank | EMEA
Segment Reporting Information
Total assets	163,539	159,465
Bank | Switzerland
Segment Reporting Information
Total assets	259,874	266,095
Bank | Operating Segments | Swiss Universal Bank
Segment Reporting Information
Total assets	263,797	261,465
Bank | Operating Segments | International Wealth Management
Segment Reporting Information
Total assets	88,715	91,503
Bank | Operating Segments | Asia Pacific
Segment Reporting Information
Total assets	67,395	67,356
Bank | Operating Segments | Investment Bank
Segment Reporting Information
Total assets	211,802	271,976
Bank | Operating Segments | Asset Management
Segment Reporting Information
Total assets	3,393	3,703
Bank | Adjustments
Segment Reporting Information
Total assets	SFr 124,112	SFr 126,828

Net interest income (Details)

Net interest income (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Net interest income
Loans	SFr 5,049	SFr 5,733	SFr 7,179
Investment securities	1	3	9
Trading assets	2,838	3,158	3,827
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	1,172	1,596	2,926
Other	598	771	2,730
Interest and dividend income	9,658	11,261	16,671
Deposits	(159)	(1,113)	(3,055)
Short-term borrowings	(86)	(166)	(409)
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	(812)	(907)	(1,668)
Long-term debt	(2,518)	(2,753)	(3,412)
Other	(272)	(374)	(1,110)
Interest expense	(3,847)	(5,313)	(9,654)
Net interest income	5,811	5,948	7,017
Bank
Net interest income
Loans	4,993	5,694	7,173
Investment securities	1	3	9
Trading assets	2,839	3,158	3,828
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	1,172	1,596	2,926
Other	588	769	2,731
Interest and dividend income	9,593	11,220	16,667
Deposits	(151)	(1,107)	(3,055)
Short-term borrowings	3	(170)	(422)
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	(812)	(908)	(1,669)
Long-term debt	(2,437)	(2,702)	(3,361)
Other	(271)	(373)	(1,111)
Interest expense	(3,668)	(5,260)	(9,618)
Net interest income	SFr 5,925	SFr 5,960	SFr 7,049

Commissions and fees (Details)

Commissions and fees (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Commissions and fees
Commissions and fees	SFr 13,165	SFr 11,853	SFr 11,158
Lending business
Commissions and fees
Commissions and fees	1,877	1,631	1,687
Investment and portfolio management
Commissions and fees
Commissions and fees	3,497	3,187	3,438
Other securities business
Commissions and fees
Commissions and fees	56	66	63
Fiduciary business
Commissions and fees
Commissions and fees	3,553	3,253	3,501
Underwriting
Commissions and fees
Commissions and fees	2,493	2,255	1,564
Brokerage
Commissions and fees
Commissions and fees	3,069	3,244	2,893
Underwriting and brokerage
Commissions and fees
Commissions and fees	5,562	5,499	4,457
Other services
Commissions and fees
Commissions and fees	2,173	1,470	1,513
Bank
Commissions and fees
Commissions and fees	13,180	11,850	11,071
Bank | Lending business
Commissions and fees
Commissions and fees	1,870	1,612	1,663
Bank | Investment and portfolio management
Commissions and fees
Commissions and fees	3,401	3,087	3,295
Bank | Other securities business
Commissions and fees
Commissions and fees	59	73	89
Bank | Fiduciary business
Commissions and fees
Commissions and fees	3,460	3,160	3,384
Bank | Underwriting
Commissions and fees
Commissions and fees	2,560	2,348	1,602
Bank | Brokerage
Commissions and fees
Commissions and fees	3,088	3,246	2,900
Bank | Underwriting and brokerage
Commissions and fees
Commissions and fees	5,648	5,594	4,502
Bank | Other services
Commissions and fees
Commissions and fees	SFr 2,202	SFr 1,484	SFr 1,522

Trading revenues (Details)

Trading revenues (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Trading revenues
Trading revenues	SFr 2,431	SFr 3,295	SFr 1,739
Interest rate products
Trading revenues
Trading revenues	1,286	(1)	96
Foreign exchange products
Trading revenues
Trading revenues	1,585	2,473	668
Equity/index-related products
Trading revenues
Trading revenues	1,390	422	1,071
Credit products
Trading revenues
Trading revenues	(1,826)	192	(513)
Commodity, emission and energy products
Trading revenues
Trading revenues	(12)	132	144
Other trading securities
Trading revenues
Trading revenues	8	77	273
Bank
Trading revenues
Trading revenues	2,371	3,178	1,773
Bank | Interest rate products
Trading revenues
Trading revenues	1,257	(91)	67
Bank | Foreign exchange products
Trading revenues
Trading revenues	1,580	2,482	656
Bank | Equity/index-related products
Trading revenues
Trading revenues	1,365	387	1,146
Bank | Credit products
Trading revenues
Trading revenues	(1,826)	192	(513)
Bank | Commodity, emission and energy products
Trading revenues
Trading revenues	(12)	132	144
Bank | Other trading securities
Trading revenues
Trading revenues	SFr 7	SFr 76	SFr 273

Other revenues (Details)

Other revenues (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other Revenues
Noncontrolling interests without SEI	SFr 2	SFr 0	SFr 0
Loans held-for-sale	(90)	(34)	(14)
Long-lived assets held-for-sale	232	26	252
Equity method investments	60	(254)	232
Other investments	253	769	1,141
Other	832	786	959
Other revenues	1,289	1,293	2,570
Bank
Other Revenues
Loans held-for-sale	(90)	(34)	(14)
Long-lived assets held-for-sale	232	26	252
Equity method investments	60	(255)	230
Other investments	256	769	1,142
Other	1,108	1,009	1,183
Other revenues	SFr 1,566	SFr 1,515	SFr 2,793

Provision for credit losses (De

Provision for credit losses (Details) - CHF (SFr) SFr in Millions	3 Months Ended				12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Provision for credit losses
Loans held at amortized cost					SFr (23)	SFr 863	SFr 284
Other financial assets held at amortized cost					4,291	24	11
Off-balance sheet credit exposures					(63)	209	29
Provision for credit losses					4,205	1,096	324
Archegos Capital Management [Member]
Provision for credit losses
Other financial assets held at amortized cost	SFr (5)	SFr (188)	SFr 70	SFr 4,430	4,307
Bank
Provision for credit losses
Loans held at amortized cost					(23)	863	284
Other financial assets held at amortized cost					4,295	19	11
Off-balance sheet credit exposures					(63)	210	29
Provision for credit losses					4,209	SFr 1,092	SFr 324
Bank | Archegos Capital Management [Member]
Provision for credit losses
Other financial assets held at amortized cost					SFr 4,307

Compensation and benefits (Deta

Compensation and benefits (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Compensation and benefits
Salaries and variable compensation	SFr 7,533	SFr 8,401	SFr 8,608
Social security	622	653	642
Other	808	836	786
Compensation and benefits	8,963	9,890	10,036
Defined Benefit Plan, Service Cost	240	218	270
Defined benefit and defined contribution
Compensation and benefits
Defined Benefit Plan, Service Cost	503	517	437
Switzerland | Defined benefit pension plans
Compensation and benefits
Defined Benefit Plan, Service Cost	224	203	256
International | Defined benefit pension plans
Compensation and benefits
Defined Benefit Plan, Service Cost	16	15	14
International | Other post-retirement defined benefit plans
Compensation and benefits
Defined Benefit Plan, Service Cost	0	0	0
Bank
Compensation and benefits
Salaries and variable compensation	6,730	7,521	7,733
Social security	530	559	554
Other	751	780	818
Compensation and benefits	8,011	8,860	9,105
Bank | Defined benefit and defined contribution
Compensation and benefits
Defined Benefit Plan, Service Cost	497	503	502
Bank | International | Defined benefit pension plans
Compensation and benefits
Defined Benefit Plan, Service Cost	14	14	14
Bank | International | Other post-retirement defined benefit plans
Compensation and benefits
Defined Benefit Plan, Service Cost	SFr 0	SFr 0	SFr 0

General and administrative ex_3

General and administrative expenses (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
General and Administrative Expenses
Occupancy expenses	SFr 979	SFr 982	SFr 1,090
IT, machinery, etc.	1,549	1,428	1,343
Provisions and losses	1,491	1,261	640
Travel and entertainment	149	152	337
Professional services	1,996	1,546	1,712
Communication and market data services	520	512	522
Amortization and impairment of other intangible assets	8	8	10
Other	467	634	474
General and administrative expenses	7,159	6,523	6,128
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component	(166)	(159)	(204)
Bank
General and Administrative Expenses
Occupancy expenses	893	883	990
IT, machinery, etc.	1,218	1,129	1,066
Provisions and losses	1,489	1,253	639
Travel and entertainment	127	134	303
Professional services	3,625	3,025	3,132
Communication and market data services	458	458	465
Amortization and impairment of other intangible assets	8	8	10
Other	763	1,072	983
General and administrative expenses	8,581	7,962	7,588
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component	SFr 10	SFr 0	SFr 10

Restructuring expenses (Details

Restructuring expenses (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	SFr 103	SFr 157
General and Administrative Expense [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	58	50
Compensation and benefits
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	45	107
of which severance
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	25	69
of which accelerated deferred compensation
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	20	38
Bank
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	113	122
Bank | General and Administrative Expense [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	68	20
Bank | Compensation and benefits
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	45	102
Bank | of which severance
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	26	66
Bank | of which accelerated deferred compensation
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	SFr 19	SFr 36

Restructuring provision - Rollf

Restructuring provision - Rollforward (Details 2) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Restructuring provision
Restructuring Reserve, Beginning Balance	SFr 52		SFr 346
Restructuring expenses	103	SFr 157
Reclassifications	(25)		(346)
Utilization	70	23
Restructuring Reserve, Ending Balance	SFr 19	52
Stock compensation plan | Share awards
Restructuring provision
Vesting period	3 years
General and Administrative Expense [Member]
Restructuring provision
Restructuring Reserve, Beginning Balance	SFr 2		190
Restructuring expenses	58	50
Reclassifications	(3)		(190)
Utilization	36	4
Restructuring Reserve, Ending Balance	0	2
General and Administrative Expense [Member] | Other liabilities
Restructuring provision
Reclassifications		23
General and Administrative Expense [Member] | Right-of-use assets
Restructuring provision
Reclassifications		167
Compensation and benefits
Restructuring provision
Restructuring Reserve, Beginning Balance	50		156
Restructuring expenses	25	69
Reclassifications	(22)		(156)
Utilization	34	19
Restructuring Reserve, Ending Balance	19	50
Compensation and benefits | Other liabilities
Restructuring provision
Reclassifications		59
Compensation and benefits | Litigation provision
Restructuring provision
Reclassifications		97
Unsettled share-based compensation obligations classified as a component of total shareholders equity
Restructuring provision
Restructuring expenses	13	27
Unsettled cash-based compensation obligations classified as compensation liabilities
Restructuring provision
Restructuring expenses	7	11
Unsettled pension obligation classified as pension liabilities
Restructuring provision
Restructuring expenses	(11)	38
Excluding unsettled compensation, pension obligations and accelerated accumulated depreciation
Restructuring provision
Restructuring expenses	62	75
General and Administrative Expense, Excluding accelerated accumulated depreciation and pension obligations [Member]
Restructuring provision
Restructuring expenses	37	6
Accelerated accumulated depreciation
Restructuring provision
Restructuring expenses	32	6
Bank
Restructuring provision
Restructuring Reserve, Beginning Balance	49		342
Restructuring expenses	113	122
Reclassifications	(25)		(342)
Utilization	63	23
Restructuring Reserve, Ending Balance	19	49
Bank | General and Administrative Expense [Member]
Restructuring provision
Restructuring Reserve, Beginning Balance	2		190
Restructuring expenses	68	20
Reclassifications	(3)		(190)
Utilization	31	4
Restructuring Reserve, Ending Balance	0	2
Bank | General and Administrative Expense [Member] | Other liabilities
Restructuring provision
Reclassifications			23
Bank | General and Administrative Expense [Member] | Right-of-use assets
Restructuring provision
Reclassifications			167
Bank | Compensation and benefits
Restructuring provision
Restructuring Reserve, Beginning Balance	47		152
Restructuring expenses	26	66
Reclassifications	(22)		(152)
Utilization	32	19
Restructuring Reserve, Ending Balance	19	47
Bank | Compensation and benefits | Other liabilities
Restructuring provision
Reclassifications			55
Bank | Compensation and benefits | Litigation provision
Restructuring provision
Reclassifications			SFr 97
Bank | Unsettled share-based compensation obligations classified as a component of total shareholders equity
Restructuring provision
Restructuring expenses	13	25
Bank | Unsettled cash-based compensation obligations classified as compensation liabilities
Restructuring provision
Restructuring expenses	7	11
Bank | Unsettled pension obligation classified as pension liabilities
Restructuring provision
Restructuring expenses	4	8
Bank | Excluding unsettled compensation, pension obligations and accelerated accumulated depreciation
Restructuring provision
Restructuring expenses	58	72
Bank | General and Administrative Expense, Excluding accelerated accumulated depreciation and pension obligations [Member]
Restructuring provision
Restructuring expenses	32	6
Bank | Accelerated accumulated depreciation
Restructuring provision
Restructuring expenses	SFr 31	SFr 6

Earnings per share (Details)

Earnings per share (Details) - CHF (SFr) SFr / shares in Units, shares in Millions, SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Net income/(loss) attributable to shareholders
Net income/(loss) attributable to shareholders	SFr (1,650)	SFr 2,669	SFr 3,419
Net income attributable to shareholders for basic earnings per share	(1,650)	2,669	3,419
Available for common shares	(1,650)	2,669	3,419
Net income/(loss) attributable to shareholders for diluted earnings per share	(1,650)	2,669	3,419
Available for common shares	SFr (1,650)	SFr 2,669	SFr 3,419
Weighted-average shares outstanding
Weighted-average shares outstanding for basic earnings per share available for common shares (in shares)	2,460.5	2,457	2,524.2
Dilutive share options and warrants (in shares)	0	1.8	2.7
Dilutive share awards (in shares)	0	67.6	59.9
Weighted-average shares outstanding for diluted earnings per share available for common shares (in shares)	2,460.5	2,526.4	2,586.8
Weighted-average shares outstanding for basic/diluted earnings per share available for mandatory convertible securities	106.6
Basic earnings per share available for common shares (CHF)
Basic earnings/(loss) per share (in CHF per share)	SFr (0.67)	SFr 1.09	SFr 1.35
Diluted earnings per share available for common shares (CHF)
Diluted earnings/(loss) per share (in CHF per share)	SFr (0.67)	SFr 1.06	SFr 1.32
Weighted-average potential dilutive common shares	10.2	6.2	7.9
Weighted-average share options and warrants (antidilutive)	0.7
Weighted-average share awards (antidilutive)	76.5

Revenue from contracts with c_3

Revenue from contracts with customers (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	SFr 11,274	SFr 10,225	SFr 9,477
Other securities business [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	56	66	63
Underwriting [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	2,493	2,255	1,564
Brokerage [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	3,067	3,242	2,891
Investment Advice [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	3,497	3,187	3,438
Service, Other [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	2,161	1,475	1,521
Bank
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	11,353	10,317	9,495
Bank | Other securities business [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	61	73	89
Bank | Underwriting [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	2,560	2,348	1,602
Bank | Brokerage [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	3,087	3,243	2,898
Bank | Investment Advice [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	3,401	3,087	3,295
Bank | Service, Other [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers	SFr 2,244	SFr 1,566	SFr 1,611

Revenue from contracts with c_4

Revenue from contracts with customers (Details 2) - CHF (SFr) SFr in Millions	3 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Contract balances [Line Items]
Accounts Receivable, Net	SFr 865				SFr 1,001
Contract with Customer, Liability	55				48
Contract with Customer, Liability, Revenue Recognized	9	SFr 10	SFr 18	SFr 8
Bank
Contract balances [Line Items]
Accounts Receivable, Net	865				993
Contract with Customer, Liability	55				SFr 48
Contract with Customer, Liability, Revenue Recognized	SFr 9	SFr 10	SFr 18	SFr 8

Securities borrowed, lent and_3

Securities borrowed, lent and subject to repurchase agreements (Details) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Securities borrowed or purchased under agreements to resell
Central bank funds sold and securities purchased under resale agreements	SFr 65,017	SFr 53,910
Deposits paid for securities borrowed	38,889	38,366
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions, total	103,906	92,276
Securities lent or sold under agreements to repurchase
Central bank funds purchased and securities sold under repurchase agreements	19,591	19,736
Deposits received for securities lent	15,683	17,258
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions, total	35,274	36,994
Bank
Securities borrowed or purchased under agreements to resell
Central bank funds sold and securities purchased under resale agreements	65,017	53,910
Deposits paid for securities borrowed	38,889	38,366
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions, total	103,906	92,276
Securities lent or sold under agreements to repurchase
Central bank funds purchased and securities sold under repurchase agreements	19,685	19,829
Deposits received for securities lent	15,683	17,258
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions, total	SFr 35,368	SFr 37,087

Trading assets and liabilitie_2

Trading assets and liabilities (Details) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Schedule of Trading Assets and Liabilities
Trading assets	SFr 111,141	SFr 157,338
Trading liabilities	27,535	45,871
Debt securities
Schedule of Trading Assets and Liabilities
Trading assets	54,198	64,395
Equity securities
Schedule of Trading Assets and Liabilities
Trading assets	36,546	63,237
Derivative instruments
Schedule of Trading Assets and Liabilities
Trading assets	17,559	25,531
Trading liabilities	10,846	17,745
Other trading securities
Schedule of Trading Assets and Liabilities
Trading assets	2,838	4,175
Short positions
Schedule of Trading Assets and Liabilities
Trading liabilities	16,689	28,126
Bank
Schedule of Trading Assets and Liabilities
Trading assets	111,299	157,511
Trading liabilities	27,539	45,871
Bank | Debt securities
Schedule of Trading Assets and Liabilities
Trading assets	54,297	64,532
Bank | Equity securities
Schedule of Trading Assets and Liabilities
Trading assets	36,606	63,273
Bank | Derivative instruments
Schedule of Trading Assets and Liabilities
Trading assets	17,559	25,531
Trading liabilities	10,846	17,745
Bank | Other trading securities
Schedule of Trading Assets and Liabilities
Trading assets	2,837	4,175
Bank | Short positions
Schedule of Trading Assets and Liabilities
Trading liabilities	SFr 16,693	SFr 28,126

Trading assets and liabilitie_3

Trading assets and liabilities - Cash collateral - netted (Details 2) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Cash collateral - netted
Cash collateral paid	SFr 17,869	SFr 26,815
Cash collateral received	12,056	16,795
Cash collateral - not netted
Cash collateral paid	7,659	7,741
Cash collateral received	5,533	7,831
Bank
Cash collateral - netted
Cash collateral paid	17,869	26,885
Cash collateral received	12,056	16,795
Cash collateral - not netted
Cash collateral paid	7,659	7,741
Cash collateral received	SFr 5,533	SFr 7,831

Investment securities (Details)

Investment securities (Details) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Investment securities disclosures
Available-for-sale Securities, Debt Securities	SFr 1,005	SFr 607
Total investment securities	1,005	607
Bank
Investment securities disclosures
Available-for-sale Securities, Debt Securities	1,003	605
Total investment securities	SFr 1,003	SFr 605

Investment securities by type (

Investment securities by type (Details 2) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Available-for-sale securities
Amortized cost, before allowance for credit losses, Debt Securities	SFr 1,013	SFr 596
Debt Securities, Available-for-sale, Allowance for Credit Loss	0
Gross unrealized gains, Debt securities	0	11
Gross unrealized losses, Debt securities	8	0
Fair value, Debt securities	1,005	607
Debt securities issued by the Swiss federal, cantonal or local government entities
Available-for-sale securities
Amortized cost, before allowance for credit losses, Debt Securities	2	3
Gross unrealized gains, Debt securities	0	0
Gross unrealized losses, Debt securities	0	0
Fair value, Debt securities	2	3
Corporate debt securities
Available-for-sale securities
Amortized cost, before allowance for credit losses, Debt Securities	1,011	593
Gross unrealized gains, Debt securities	0	11
Gross unrealized losses, Debt securities	8	0
Fair value, Debt securities	1,003	604
Bank
Available-for-sale securities
Amortized cost, before allowance for credit losses, Debt Securities	1,011	595
Debt Securities, Available-for-sale, Allowance for Credit Loss	0
Gross unrealized gains, Debt securities	0	10
Gross unrealized losses, Debt securities	8	0
Fair value, Debt securities	1,003	605
Bank | Debt securities issued by the Swiss federal, cantonal or local government entities
Available-for-sale securities
Amortized cost, before allowance for credit losses, Debt Securities	0	1
Gross unrealized gains, Debt securities	0	0
Gross unrealized losses, Debt securities	0	0
Fair value, Debt securities	0	1
Bank | Corporate debt securities
Available-for-sale securities
Amortized cost, before allowance for credit losses, Debt Securities	1,011	594
Gross unrealized gains, Debt securities	0	10
Gross unrealized losses, Debt securities	8	0
Fair value, Debt securities	SFr 1,003	SFr 604

Investment securities - Unreali

Investment securities - Unrealized losses/fair value (Details 3) SFr in Millions	Dec. 31, 2021CHF (SFr)
Debt Securities, Available-for-sale, Unrealized Loss Position [Abstract]
Fair value, less than 12 months	SFr 683
Fair value, 12 months or more	0
Fair value, total	683
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss [Abstract]
Gross unrealized losses, less than 12 months	8
Gross unrealized losses, 12 months or more	0
Gross unrealized losses, total	8
Corporate debt securities
Debt Securities, Available-for-sale, Unrealized Loss Position [Abstract]
Fair value, less than 12 months	683
Fair value, 12 months or more	0
Fair value, total	683
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss [Abstract]
Gross unrealized losses, less than 12 months	8
Gross unrealized losses, 12 months or more	0
Gross unrealized losses, total	8
Bank
Debt Securities, Available-for-sale, Unrealized Loss Position [Abstract]
Fair value, less than 12 months	683
Fair value, 12 months or more	0
Fair value, total	683
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss [Abstract]
Gross unrealized losses, less than 12 months	8
Gross unrealized losses, 12 months or more	0
Gross unrealized losses, total	8
Bank | Corporate debt securities
Debt Securities, Available-for-sale, Unrealized Loss Position [Abstract]
Fair value, less than 12 months	683
Fair value, 12 months or more	0
Fair value, total	683
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss [Abstract]
Gross unrealized losses, less than 12 months	8
Gross unrealized losses, 12 months or more	0
Gross unrealized losses, total	SFr 8

Investment securities - Proceed

Investment securities - Proceeds/realized gains/losses (Details 4) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Proceeds from sales, realized gains and realized losses from available-for-sale securities
Proceeds from sales	SFr 0	SFr 629	SFr 6
Realized gains	0	42	0
Bank
Proceeds from sales, realized gains and realized losses from available-for-sale securities
Proceeds from sales	0	629	SFr 6
Realized gains	SFr 0	SFr 42

Investment securities - Maturit

Investment securities - Maturities of amortized costs/FV/Avg yield (Details 6) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Due within 1 year, amortized cost	SFr 154
Due from 1 to 5 years, amortized cost	95
Due from 5 to 10 years, amortized cost	764
Total, amortized cost, before allowance for credit losses	1,013	SFr 596
Due within 1 year, fair value	154
Due from 1 to 5 years, fair value	95
Due from 5 to 10 years, fair value	756
Total, fair value	SFr 1,005	607
Due within 1 year, average yield (as a percent)	0.03%
Due from 1 to 5 years, average yield (as a percent)	0.05%
Due from 5 to 10 years, average yield (as a percent)	0.07%
Total, average yield (as a percent)	0.06%
Bank
Debt Securities, Available-for-sale [Line Items]
Due within 1 year, amortized cost	SFr 154
Due from 1 to 5 years, amortized cost	93
Due from 5 to 10 years, amortized cost	764
Total, amortized cost, before allowance for credit losses	1,011	595
Due within 1 year, fair value	154
Due from 1 to 5 years, fair value	93
Due from 5 to 10 years, fair value	756
Total, fair value	SFr 1,003	SFr 605
Due within 1 year, average yield (as a percent)	0.03%
Due from 1 to 5 years, average yield (as a percent)	0.02%
Due from 5 to 10 years, average yield (as a percent)	0.07%
Total, average yield (as a percent)	0.06%

Other investments (Details)

Other investments (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other investments
Other investments	SFr 5,826	SFr 5,412
Accumulated depreciation, real estate held for investment	32	35	SFr 34
Impairment charges	0	1	0
Foreclosed or Repossessed, Real Estate [Member]
Other investments
Other investments	9	16
Equity method investments
Other investments
Other investments	1,644	2,631
Equity securities (without a readily determinable fair value)
Other investments
Other investments	3,317	1,779
of which at net asset value
Other investments
Other investments	54	113
of which at measurement alternative
Other investments
Other investments	347	359
of which at fair value
Other investments
Other investments	2,869	1,278
of which at cost less impairment
Other investments
Other investments	47	29
Real estate held for investment
Other investments
Other investments	76	82
Real estate held for investment | Foreclosed or Repossessed, Real Estate [Member]
Other investments
Other investments	6	13
Life finance instruments
Other investments
Other investments	789	920
Bank
Other investments
Other investments	5,788	5,379
Accumulated depreciation, real estate held for investment	28	31	29
Impairment charges	0	1	SFr 0
Bank | Foreclosed or Repossessed, Real Estate [Member]
Other investments
Other investments	9	16
Bank | Equity method investments
Other investments
Other investments	1,636	2,624
Bank | Equity securities (without a readily determinable fair value)
Other investments
Other investments	3,315	1,776
Bank | of which at net asset value
Other investments
Other investments	53	111
Bank | of which at measurement alternative
Other investments
Other investments	345	357
Bank | of which at fair value
Other investments
Other investments	2,869	1,278
Bank | of which at cost less impairment
Other investments
Other investments	48	30
Bank | Real estate held for investment
Other investments
Other investments	48	59
Bank | Real estate held for investment | Foreclosed or Repossessed, Real Estate [Member]
Other investments
Other investments	6	13
Bank | Life finance instruments
Other investments
Other investments	SFr 789	SFr 920

Other investments (Details 2)

Other investments (Details 2) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other investments
Impairments and downward adjustments	SFr (42)
Impairments and downward adjustments, Annual Amount	(17)	SFr (17)
Upward adjustments	138
Upward adjustments, Annual Amount	1	137
Other Revenue, Other Investments	253	769	SFr 1,141
Bank
Other investments
Impairments and downward adjustments	(42)
Impairments and downward adjustments, Annual Amount	(17)	(17)
Upward adjustments	138
Upward adjustments, Annual Amount	1	137
Other Revenue, Other Investments	SFr 256	SFr 769	SFr 1,142

Loans, allowance for loan los_3

Loans, allowance for loan losses and credit quality (Details) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Loans
Gross loans	SFr 293,064	SFr 293,539
of which held at amortized cost	282,821	282,131
of which held at fair value	10,243	11,408
Net (unearned income)/deferred expenses	(81)	(95)
Allowance for credit losses	(1,297)	(1,536)	SFr (1,049)
Allowance for loan losses			(946)	SFr (902)
Net loans	291,686	291,908
Non-performing loans	1,666	1,666
Non-interest-earning loans	298	375
Non-accrual loans	1,964	2,041	1,510
Restructured loans	367	313
Potential problem loans	436	843
Total other impaired loans	803	1,156
Gross impaired loans	2,767	3,197
Consumer mortgages secured by residential real estate for which formal foreclosure proceedings according to local requirements of the applicable jurisdiction were in process	130	180
Switzerland
Loans
Gross loans	167,957	168,589
Foreign
Loans
Gross loans	125,107	124,950
Corporate and institutional
Loans
Gross loans	126,203	129,007
of which held at amortized cost	116,155	117,685
Allowance for credit losses	(940)	(1,218)	(808)
Allowance for loan losses			(760)	(715)
Non-accrual loans	925	1,317	883
Corporate and institutional | Real estate
Loans
Gross loans	28,529	29,045
of which held at amortized cost	27,805	28,211
Non-accrual loans	167	324	155
Corporate and institutional | Commercial and industrial loans
Loans
Gross loans	69,129	74,097
of which held at amortized cost	66,147	70,563
Non-accrual loans	698	925	682
Corporate and institutional | Financial institutions
Loans
Gross loans	25,222	22,487
of which held at amortized cost	20,916	17,901
Non-accrual loans	41	68	46
Corporate and institutional | Governments and public institutions
Loans
Gross loans	3,323	3,378
of which held at amortized cost	1,287	1,010
Non-accrual loans	19	0	0
Consumer
Loans
Gross loans	166,861	164,532
of which held at amortized cost	166,666	164,446
Allowance for credit losses	(357)	(318)	(241)
Allowance for loan losses			(186)	(187)
Non-accrual loans	1,039	724	627
Consumer | Mortgages
Loans
Gross loans	110,533	109,067
of which held at amortized cost	110,533	109,067
Non-accrual loans	572	418	337
Consumer | Loans collateralized by securities
Loans
Gross loans	51,253	51,028
of which held at amortized cost	51,253	51,028
Non-accrual loans	262	105	122
Consumer | Consumer finance
Loans
Gross loans	5,075	4,437
of which held at amortized cost	4,880	4,351
Non-accrual loans	205	201	168
Bank
Loans
Gross loans	301,735	301,971
of which held at amortized cost	291,492	290,563
of which held at fair value	10,243	11,408
Net (unearned income)/deferred expenses	(81)	(95)
Allowance for credit losses	(1,296)	(1,535)	(1,048)
Allowance for loan losses			(945)	(901)
Net loans	300,358	300,341
Non-performing loans	1,666	1,666
Non-interest-earning loans	286	363
Non-accrual loans	1,952	2,029	1,498
Restructured loans	367	313
Potential problem loans	436	843
Total other impaired loans	803	1,156
Gross impaired loans	2,755	3,185
Consumer mortgages secured by residential real estate for which formal foreclosure proceedings according to local requirements of the applicable jurisdiction were in process	130	180
Bank | Switzerland
Loans
Gross loans	175,903	176,312
Bank | Foreign
Loans
Gross loans	125,832	125,659
Bank | Corporate and institutional
Loans
Gross loans	134,874	137,439
of which held at amortized cost	116,143	117,673
Allowance for credit losses	(939)	(1,217)	(807)
Allowance for loan losses			(759)	(714)
Non-accrual loans	913	1,305	871
Bank | Corporate and institutional | Real estate
Loans
Gross loans	28,529	29,045
of which held at amortized cost	27,805	28,211
Non-accrual loans	167	324	155
Bank | Corporate and institutional | Commercial and industrial loans
Loans
Gross loans	69,756	74,700
of which held at amortized cost	66,135	70,551
Non-accrual loans	686	913	670
Bank | Corporate and institutional | Financial institutions
Loans
Gross loans	33,266	30,316
of which held at amortized cost	20,916	17,901
Non-accrual loans	41	68	46
Bank | Corporate and institutional | Governments and public institutions
Loans
Gross loans	3,323	3,378
of which held at amortized cost	1,287	1,010
Non-accrual loans	19	0	0
Bank | Consumer
Loans
Gross loans	166,861	164,532
of which held at amortized cost	166,666	164,446
Allowance for credit losses	(357)	(318)	(241)
Allowance for loan losses			(186)	SFr (187)
Non-accrual loans	1,039	724	627
Bank | Consumer | Mortgages
Loans
Gross loans	110,533	109,067
of which held at amortized cost	110,533	109,067
Non-accrual loans	572	418	337
Bank | Consumer | Loans collateralized by securities
Loans
Gross loans	51,253	51,028
of which held at amortized cost	51,253	51,028
Non-accrual loans	262	105	122
Bank | Consumer | Consumer finance
Loans
Gross loans	5,075	4,437
of which held at amortized cost	4,880	4,351
Non-accrual loans	SFr 205	SFr 201	SFr 168

CECL - Financial instruments _3

CECL - Financial instruments measured at amortized cost and credit losses (Details) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Overview of financial instruments measured at amortized cost, by balance sheet position [Line Items]
Cash and due from banks, Amortized cost basis	SFr 164,510	SFr 138,593
Cash and due from banks, Allowance for credit losses	0	(6)
Cash and due from banks, Net carrying value	164,510	138,587
Interest-bearing deposits with banks, Amortized cost basis	1,323	1,303
Interest-bearing deposits with banks, Allowance for credit losses	0	(5)
Interest-bearing deposits with banks, Net carrying value	1,323	1,298
Securities purchased under resale agreements and securities borrowing transactions, Amortized cost basis	35,283	34,282
Securities purchased under resale agreements and securities borrowing transactions, Allowance for credit losses	0	0
Securities purchased under resale agreements and securities borrowing transactions, Net carrying value	35,283	34,282
Loans, Amortized cost basis	282,740	282,036
Allowance for credit losses	(1,297)	(1,536)	SFr (1,049)
Loans, Net carrying value	281,443	280,500
Brokerage receivables, Amortized cost basis	20,873	35,942
Brokerage receivables, Allowance for credit losses	(4,186)	(1)
Brokerage receivables, Net carrying value	16,687	35,941
Other assets, Amortized cost basis	14,175	15,394
Other assets, Allowance for credit losses	(30)	(43)
Other assets, Net carrying value	14,145	15,351
Total, Amortized cost basis	518,904	507,550
Total, Allowance for credit losses	(5,513)	(1,591)
Total, Net carrying value	513,391	505,959
Bank
Overview of financial instruments measured at amortized cost, by balance sheet position [Line Items]
Cash and due from banks, Amortized cost basis	163,718	137,683
Cash and due from banks, Allowance for credit losses	0	(1)
Cash and due from banks, Net carrying value	163,718	137,682
Interest-bearing deposits with banks, Amortized cost basis	1,256	1,235
Interest-bearing deposits with banks, Allowance for credit losses	0	(5)
Interest-bearing deposits with banks, Net carrying value	1,256	1,230
Securities purchased under resale agreements and securities borrowing transactions, Amortized cost basis	35,283	34,282
Securities purchased under resale agreements and securities borrowing transactions, Allowance for credit losses	0	0
Securities purchased under resale agreements and securities borrowing transactions, Net carrying value	35,283	34,282
Loans, Amortized cost basis	291,411	290,468
Allowance for credit losses	(1,296)	(1,535)	SFr (1,048)
Loans, Net carrying value	290,115	288,933
Brokerage receivables, Amortized cost basis	20,875	35,944
Brokerage receivables, Allowance for credit losses	(4,186)	(1)
Brokerage receivables, Net carrying value	16,689	35,943
Other assets, Amortized cost basis	14,226	15,540
Other assets, Allowance for credit losses	(28)	(41)
Other assets, Net carrying value	14,198	15,499
Total, Amortized cost basis	526,769	515,152
Total, Allowance for credit losses	(5,510)	(1,583)
Total, Net carrying value	SFr 521,259	SFr 513,569

CECL - Financial instruments _4

CECL - Financial instruments measured at amortized cost and credit losses (Details 1) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Overview of financial instruments measured at amortized cost, by balance sheet position [Line Items]
Collateral Dependent Financial Assets, Collateral Coverage Ratio, Recovery Mgt Investment Bank/Asia Pacific	92.00%	89.00%
Collateral Dependent Financial Assets, Collateral Coverage Ratio, Recovery Mgt International Wealth Management	87.00%	89.00%
Collateral Dependent Financial Assets, Collateral Coverage Ratio, Recovery Mgt Swiss Universal Bank	86.00%	88.00%
Accrued interest excluded from amortized cost base of total Financial assets held-at-amortized cost, before allowance of credit losses	SFr 301	SFr 351
Financial Assets, Held-to-Maturity, Cost Practical Expedient, Excluded Accrued Interest [true false]	true
Allowance for credit losses on accrued interest excluded from amortized cost base of total Financial assets held at amortized cost	SFr 0	0
Accrued interest excluded from amortized cost base of total Interest-bearing deposits with banks	SFr 1	1
Interest Bearing Deposits Banks, Practical Expedient, Excluded Accrued Interest [true false]	true
Accrued interest excluded from amortized cost base of total Securities purchased under resale agreements and securities borrowing transactions	SFr 1
Reverse Repos and Securities Borrowing, Practical Expedient, Excluded Accrued Interest [true false]	true
Accrued interest excluded from amortized cost base of total Loans held at amortized cost	SFr 295	334
Financing Receivable, Practical Expedient, Accrued Interest Exclusion [true false]	true
Accrued interest excluded from amortized cost base of total Brokerage receivables	SFr 4	16
Brokerage receivables, Practical Expedient, Excluded Accrued Interest [true false]	true
Financing Receivables,Accrued Interest on Nonaccrual Loans Included	SFr 86	88
Bank
Overview of financial instruments measured at amortized cost, by balance sheet position [Line Items]
Accrued interest excluded from amortized cost base of total Financial assets held-at-amortized cost, before allowance of credit losses	SFr 301	351
Financial Assets, Held-to-Maturity, Cost Practical Expedient, Excluded Accrued Interest [true false]	true
Allowance for credit losses on accrued interest excluded from amortized cost base of total Financial assets held at amortized cost	SFr 0	0
Accrued interest excluded from amortized cost base of total Interest-bearing deposits with banks	SFr 1	1
Interest Bearing Deposits Banks, Practical Expedient, Excluded Accrued Interest [true false]	true
Accrued interest excluded from amortized cost base of total Securities purchased under resale agreements and securities borrowing transactions	SFr 1
Reverse Repos and Securities Borrowing, Practical Expedient, Excluded Accrued Interest [true false]	true
Accrued interest excluded from amortized cost base of total Loans held at amortized cost	SFr 295	334
Financing Receivable, Practical Expedient, Accrued Interest Exclusion [true false]	true
Accrued interest excluded from amortized cost base of total Brokerage receivables	SFr 4	16
Brokerage receivables, Practical Expedient, Excluded Accrued Interest [true false]	true
Financing Receivables,Accrued Interest on Nonaccrual Loans Included	SFr 85	SFr 87

CECL (Details 2)

CECL (Details 2) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Loans Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Loans Held at Amortized Cost, Allowance for Credit Losses, Beginning Balance	SFr 1,536	SFr 1,049
Allowance for loan losses, Beginning Balance		946	SFr 902
Current-period provision for expected credit losses	25	900
of which methodology change	(1)	(19)
of which provisions for interest	48	37
Net movements recognized in statements of operations			284
Gross write-offs	(297)	(325)	(299)
Recoveries	14	13	25
Net write-offs	(283)	(312)
Net write-offs, loans			(274)
Provisions for interest			42
Foreign currency translation impact and other adjustments, net	19	(101)
Foreign currency translation impact and other adjustments, loans, net			(8)
Loans Held at Amortized Cost, Allowance for Credit Losses, Ending Balance	1,297	1,536	1,049
Allowance for loan losses, Ending Balance			946
of which individually evaluated	785	866	609
of which collectively evaluated	512	670	337
Loans held at amortized cost
Purchases	4,383	2,801	2,496
Reclassifications from loans held-for-sale	133	6	11
Reclassifications to loans held-for-sale	4,780	2,025	3,138
Sales	4,442	1,644	3,001
Cumulative Effect, Period of Adoption, Adjustment [Member]
Loans Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Current-period provision for expected credit losses		103
Corporate and institutional
Loans Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Loans Held at Amortized Cost, Allowance for Credit Losses, Beginning Balance	1,218	808
Allowance for loan losses, Beginning Balance		760	715
Current-period provision for expected credit losses	(53)	709
of which methodology change	(1)	(19)
of which provisions for interest	23	15
Net movements recognized in statements of operations			221
Gross write-offs	(242)	(238)	(213)
Recoveries	5	5	16
Net write-offs	(237)	(233)
Net write-offs, loans			(197)
Provisions for interest			28
Foreign currency translation impact and other adjustments, net	12	(66)
Foreign currency translation impact and other adjustments, loans, net			(7)
Loans Held at Amortized Cost, Allowance for Credit Losses, Ending Balance	940	1,218	808
Allowance for loan losses, Ending Balance			760
of which individually evaluated	512	636	464
of which collectively evaluated	428	582	296
Loans held at amortized cost
Purchases	4,361	2,756	2,478
Reclassifications from loans held-for-sale	133	6	11
Reclassifications to loans held-for-sale	4,780	2,007	3,138
Sales	4,442	1,626	3,001
Corporate and institutional | Cumulative Effect, Period of Adoption, Adjustment [Member]
Loans Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Current-period provision for expected credit losses		48
Consumer
Loans Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Loans Held at Amortized Cost, Allowance for Credit Losses, Beginning Balance	318	241
Allowance for loan losses, Beginning Balance		186	187
Current-period provision for expected credit losses	78	191
of which methodology change	0	0
of which provisions for interest	25	22
Net movements recognized in statements of operations			63
Gross write-offs	(55)	(87)	(86)
Recoveries	9	8	9
Net write-offs	(46)	(79)
Net write-offs, loans			(77)
Provisions for interest			14
Foreign currency translation impact and other adjustments, net	7	(35)
Foreign currency translation impact and other adjustments, loans, net			(1)
Loans Held at Amortized Cost, Allowance for Credit Losses, Ending Balance	357	318	241
Allowance for loan losses, Ending Balance			186
of which individually evaluated	273	230	145
of which collectively evaluated	84	88	41
Loans held at amortized cost
Purchases	22	45	18
Reclassifications from loans held-for-sale	0	0	0
Reclassifications to loans held-for-sale	0	18	0
Sales	0	18	0
Consumer | Cumulative Effect, Period of Adoption, Adjustment [Member]
Loans Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Current-period provision for expected credit losses		55
Bank
Loans Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Loans Held at Amortized Cost, Allowance for Credit Losses, Beginning Balance	1,535	1,048
Allowance for loan losses, Beginning Balance		945	901
Current-period provision for expected credit losses	25	900
of which methodology change	(1)	(19)
of which provisions for interest	48	37
Net movements recognized in statements of operations			284
Gross write-offs	(297)	(325)	(299)
Recoveries	14	13	25
Net write-offs	(283)	(312)
Net write-offs, loans			(274)
Provisions for interest			42
Foreign currency translation impact and other adjustments, net	19	(101)
Foreign currency translation impact and other adjustments, loans, net			(8)
Loans Held at Amortized Cost, Allowance for Credit Losses, Ending Balance	1,296	1,535	1,048
Allowance for loan losses, Ending Balance			945
of which individually evaluated	785	865	608
of which collectively evaluated	511	670	337
Loans held at amortized cost
Purchases	4,383	2,801	2,496
Reclassifications from loans held-for-sale	133	6	11
Reclassifications to loans held-for-sale	4,780	2,025	3,138
Sales	4,442	1,644	3,001
Bank | Cumulative Effect, Period of Adoption, Adjustment [Member]
Loans Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Current-period provision for expected credit losses		103
Bank | Corporate and institutional
Loans Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Loans Held at Amortized Cost, Allowance for Credit Losses, Beginning Balance	1,217	807
Allowance for loan losses, Beginning Balance		759	714
Current-period provision for expected credit losses	(53)	709
of which methodology change	(1)	(19)
of which provisions for interest	23	15
Net movements recognized in statements of operations			221
Gross write-offs	(242)	(238)	(213)
Recoveries	5	5	16
Net write-offs	(237)	(233)
Net write-offs, loans			(197)
Provisions for interest			28
Foreign currency translation impact and other adjustments, net	12	(66)
Foreign currency translation impact and other adjustments, loans, net			(7)
Loans Held at Amortized Cost, Allowance for Credit Losses, Ending Balance	939	1,217	807
Allowance for loan losses, Ending Balance			759
of which individually evaluated	512	635	463
of which collectively evaluated	427	582	296
Loans held at amortized cost
Purchases	4,361	2,756	2,478
Reclassifications from loans held-for-sale	133	6	11
Reclassifications to loans held-for-sale	4,780	2,007	3,138
Sales	4,442	1,626	3,001
Bank | Corporate and institutional | Cumulative Effect, Period of Adoption, Adjustment [Member]
Loans Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Current-period provision for expected credit losses		48
Bank | Consumer
Loans Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Loans Held at Amortized Cost, Allowance for Credit Losses, Beginning Balance	318	241
Allowance for loan losses, Beginning Balance		186	187
Current-period provision for expected credit losses	78	191
of which methodology change	0	0
of which provisions for interest	25	22
Net movements recognized in statements of operations			63
Gross write-offs	(55)	(87)	(86)
Recoveries	9	8	9
Net write-offs	(46)	(79)
Net write-offs, loans			(77)
Provisions for interest			14
Foreign currency translation impact and other adjustments, net	7	(35)
Foreign currency translation impact and other adjustments, loans, net			(1)
Loans Held at Amortized Cost, Allowance for Credit Losses, Ending Balance	357	318	241
Allowance for loan losses, Ending Balance			186
of which individually evaluated	273	230	145
of which collectively evaluated	84	88	41
Loans held at amortized cost
Purchases	22	45	18
Reclassifications from loans held-for-sale	0	0	0
Reclassifications to loans held-for-sale	0	18	0
Sales	SFr 0	18	SFr 0
Bank | Consumer | Cumulative Effect, Period of Adoption, Adjustment [Member]
Loans Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Current-period provision for expected credit losses		SFr 55

CECL (Details 4)

CECL (Details 4) - CHF (SFr) SFr in Millions	3 Months Ended				12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other financial assets, Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Cash and due from banks, held at amortized cost, Allowance for Credit Loss, Beginning Balance				SFr 6	SFr 6
Interest-bearing deposits with banks, held at amortized cost, Allowance for Credit Loss, Beginning Balance				5	5
Securities purchased under resale agreements and securities borrowing transactions, held at amortized cost, Allowance for Credit Loss, Beginning Balance				0	0
Brokerage receivables, held at amortized cost, Allowance for Credit Loss, Beginning Balance				1	1
Other assets, held at amortized cost, Allowance for Credit Loss, Beginning Balance				43	43
Other financial assets, held at amortized cost, Allowance for Credit Loss, Beginning Balance				55	55	SFr 45
Other financial assets, Current-period provision for expected credit losses					4,291	24	SFr 11
Other financial assets, Gross write-offs					(9)	(12)
Other financial assets, Recovery					0	2
Other financial assets, Net write-offs					(9)	(10)
Other financial assets, Foreign currency translation impact and other adjustments, net					(121)	(4)
Cash and due from banks, held at amortized cost, Allowance for Credit Loss, Ending Balance	SFr 0				0	6
Interest-bearing deposits with banks, held at amortized cost, Allowance for Credit Loss, Ending Balance	0				0	5
Securities purchased under resale agreements and securities borrowing transactions, held at amortized cost, Allowance for Credit Loss, Ending Balance	0				0	0
Brokerage receivables, held at amortized cost, Allowance for Credit Loss, Ending Balance	4,186				4,186	1
Other assets, held at amortized cost, Allowance for Credit Loss, Ending Balance	30				30	43
Other financial assets, held at amortized cost, Allowance for Credit Loss, Ending Balance	4,216				4,216	55	45
Other financial assets, individually evaluated	4,202				4,202	17
Other financial assets, collectively evaluated	14				14	38
Archegos Capital Management [Member]
Other financial assets, Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Other financial assets, Current-period provision for expected credit losses	(5)	SFr (188)	SFr 70	4,430	4,307
Bank
Other financial assets, Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Cash and due from banks, held at amortized cost, Allowance for Credit Loss, Beginning Balance				1	1
Interest-bearing deposits with banks, held at amortized cost, Allowance for Credit Loss, Beginning Balance				5	5
Securities purchased under resale agreements and securities borrowing transactions, held at amortized cost, Allowance for Credit Loss, Beginning Balance				0	0
Brokerage receivables, held at amortized cost, Allowance for Credit Loss, Beginning Balance				1	1
Other assets, held at amortized cost, Allowance for Credit Loss, Beginning Balance				41	41
Other financial assets, held at amortized cost, Allowance for Credit Loss, Beginning Balance				SFr 48	48	43
Other financial assets, Current-period provision for expected credit losses					4,295	19	11
Other financial assets, Gross write-offs					(8)	(12)
Other financial assets, Recovery					0	2
Other financial assets, Net write-offs					(8)	(10)
Other financial assets, Foreign currency translation impact and other adjustments, net					(121)	(4)
Cash and due from banks, held at amortized cost, Allowance for Credit Loss, Ending Balance	0				0	1
Interest-bearing deposits with banks, held at amortized cost, Allowance for Credit Loss, Ending Balance	0				0	5
Securities purchased under resale agreements and securities borrowing transactions, held at amortized cost, Allowance for Credit Loss, Ending Balance	0				0	0
Brokerage receivables, held at amortized cost, Allowance for Credit Loss, Ending Balance	4,186				4,186	1
Other assets, held at amortized cost, Allowance for Credit Loss, Ending Balance	28				28	41
Other financial assets, held at amortized cost, Allowance for Credit Loss, Ending Balance	4,214				4,214	48	SFr 43
Other financial assets, individually evaluated	4,200				4,200	15
Other financial assets, collectively evaluated	SFr 14				14	SFr 33
Bank | Archegos Capital Management [Member]
Other financial assets, Held At Amortized Cost, Allowance for Credit Losses [Roll Forward]
Other financial assets, Current-period provision for expected credit losses					SFr 4,307

CECL (Details 6)

CECL (Details 6) SFr in Millions	12 Months Ended
	Dec. 31, 2021CHF (SFr)daymonth	Dec. 31, 2020CHF (SFr)	Dec. 31, 2019CHF (SFr)
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	SFr 1,964	SFr 2,041	SFr 1,510
Interest income recognized	30	53
Amortized cost of non-accrual assets with no specific allowance	SFr 210	100
Number of days of default on interest or principal considered to assess credit worthiness (in months) | month	3
Period of anticipated repayment after which loan is written down to net book value (in days) | day	10
Minimum [Member]
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Write-Down of Loan to Net Book Value Loan Provision Threshold as Percentage of Loan Notional Amount	90.00%
Corporate and institutional
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	SFr 925	1,317	883
Interest income recognized	17	46
Amortized cost of non-accrual assets with no specific allowance	96	39
Corporate and institutional | Real estate
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	167	324	155
Interest income recognized	6	8
Amortized cost of non-accrual assets with no specific allowance	0	27
Corporate and institutional | Commercial and industrial loans
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	698	925	682
Interest income recognized	11	38
Amortized cost of non-accrual assets with no specific allowance	96	4
Corporate and institutional | Financial institutions
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	41	68	46
Interest income recognized	0	0
Amortized cost of non-accrual assets with no specific allowance	0	8
Corporate and institutional | Governments and public institutions
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	19	0	0
Interest income recognized	0	0
Amortized cost of non-accrual assets with no specific allowance	0	0
Consumer
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	1,039	724	627
Interest income recognized	13	7
Amortized cost of non-accrual assets with no specific allowance	114	61
Consumer | Mortgages
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	572	418	337
Interest income recognized	2	3
Amortized cost of non-accrual assets with no specific allowance	111	60
Consumer | Loans collateralized by securities
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	262	105	122
Interest income recognized	8	1
Amortized cost of non-accrual assets with no specific allowance	2	0
Consumer | Consumer finance
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	205	201	168
Interest income recognized	3	3
Amortized cost of non-accrual assets with no specific allowance	1	1
Bank
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	1,952	2,029	1,498
Interest income recognized	30	53
Amortized cost of non-accrual assets with no specific allowance	210	100
Bank | Corporate and institutional
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	913	1,305	871
Interest income recognized	17	46
Amortized cost of non-accrual assets with no specific allowance	96	39
Bank | Corporate and institutional | Real estate
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	167	324	155
Interest income recognized	6	8
Amortized cost of non-accrual assets with no specific allowance	0	27
Bank | Corporate and institutional | Commercial and industrial loans
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	686	913	670
Interest income recognized	11	38
Amortized cost of non-accrual assets with no specific allowance	96	4
Bank | Corporate and institutional | Financial institutions
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	41	68	46
Interest income recognized	0	0
Amortized cost of non-accrual assets with no specific allowance	0	8
Bank | Corporate and institutional | Governments and public institutions
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	19	0	0
Interest income recognized	0	0
Amortized cost of non-accrual assets with no specific allowance	0	0
Bank | Consumer
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	1,039	724	627
Interest income recognized	13	7
Amortized cost of non-accrual assets with no specific allowance	114	61
Bank | Consumer | Mortgages
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	572	418	337
Interest income recognized	2	3
Amortized cost of non-accrual assets with no specific allowance	111	60
Bank | Consumer | Loans collateralized by securities
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	262	105	122
Interest income recognized	8	1
Amortized cost of non-accrual assets with no specific allowance	2	0
Bank | Consumer | Consumer finance
Loans Held At Amortized Cost, Nonaccrual [Line Items]
Amortized cost of non-accrual assets	205	201	SFr 168
Interest income recognized	3	3
Amortized cost of non-accrual assets with no specific allowance	SFr 1	SFr 1

CECL (Details 7)

CECL (Details 7) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	SFr 282,740	SFr 282,036
Total	282,821	282,131
Past due more than 90 days and still accruing	0	0
Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	280,409	279,353
Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	2,412	2,778
Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	557	986
Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	167	184
Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	134	170
Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	1,554	1,438
Corporate and institutional
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	116,155	117,685
Corporate and institutional | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	115,014	115,986
Corporate and institutional | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	1,141	1,699
Corporate and institutional | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	248	757
Corporate and institutional | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	24	48
Corporate and institutional | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	13	89
Corporate and institutional | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	856	805
Corporate and institutional | Real estate
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	27,805	28,211
Corporate and institutional | Real estate | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	27,628	28,070
Corporate and institutional | Real estate | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	177	141
Corporate and institutional | Real estate | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	6	50
Corporate and institutional | Real estate | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	4	3
Corporate and institutional | Real estate | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	0	11
Corporate and institutional | Real estate | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	167	77
Corporate and institutional | Commercial and industrial loans
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	66,147	70,563
Corporate and institutional | Commercial and industrial loans | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	65,327	69,227
Corporate and institutional | Commercial and industrial loans | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	820	1,336
Corporate and institutional | Commercial and industrial loans | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	166	622
Corporate and institutional | Commercial and industrial loans | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	13	26
Corporate and institutional | Commercial and industrial loans | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	12	6
Corporate and institutional | Commercial and industrial loans | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	629	682
Corporate and institutional | Financial institutions
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	20,916	17,901
Corporate and institutional | Financial institutions | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	20,807	17,720
Corporate and institutional | Financial institutions | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	109	181
Corporate and institutional | Financial institutions | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	60	48
Corporate and institutional | Financial institutions | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	7	15
Corporate and institutional | Financial institutions | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	1	72
Corporate and institutional | Financial institutions | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	41	46
Corporate and institutional | Governments and public institutions
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	1,287	1,010
Corporate and institutional | Governments and public institutions | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	1,252	969
Corporate and institutional | Governments and public institutions | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	35	41
Corporate and institutional | Governments and public institutions | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	16	37
Corporate and institutional | Governments and public institutions | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	0	4
Corporate and institutional | Governments and public institutions | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	0	0
Corporate and institutional | Governments and public institutions | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	19	0
Consumer
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	166,666	164,446
Consumer | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	165,395	163,367
Consumer | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	1,271	1,079
Consumer | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	309	229
Consumer | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	143	136
Consumer | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	121	81
Consumer | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	698	633
Consumer | Mortgages
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	110,533	109,067
Consumer | Mortgages | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	109,877	108,544
Consumer | Mortgages | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	656	523
Consumer | Mortgages | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	123	63
Consumer | Mortgages | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	73	68
Consumer | Mortgages | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	61	34
Consumer | Mortgages | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	399	358
Consumer | Loans collateralized by securities
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	51,253	51,028
Consumer | Loans collateralized by securities | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	51,069	50,907
Consumer | Loans collateralized by securities | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	184	121
Consumer | Loans collateralized by securities | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	42	17
Consumer | Loans collateralized by securities | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	0	0
Consumer | Loans collateralized by securities | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	0	0
Consumer | Loans collateralized by securities | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	142	104
Consumer | Consumer finance
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	4,880	4,351
Consumer | Consumer finance | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	4,449	3,916
Consumer | Consumer finance | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	431	435
Consumer | Consumer finance | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	144	149
Consumer | Consumer finance | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	70	68
Consumer | Consumer finance | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	60	47
Consumer | Consumer finance | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	157	171
Bank
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	291,411	290,468
Total	291,492	290,563
Bank | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	289,092	287,797
Bank | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	2,400	2,766
Bank | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	557	986
Bank | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	167	184
Bank | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	134	170
Bank | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	1,542	1,426
Bank | Corporate and institutional
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	116,143	117,673
Bank | Corporate and institutional | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	115,014	115,986
Bank | Corporate and institutional | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	1,129	1,687
Bank | Corporate and institutional | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	248	757
Bank | Corporate and institutional | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	24	48
Bank | Corporate and institutional | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	13	89
Bank | Corporate and institutional | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	844	793
Bank | Corporate and institutional | Real estate
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	27,805	28,211
Bank | Corporate and institutional | Real estate | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	27,628	28,070
Bank | Corporate and institutional | Real estate | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	177	141
Bank | Corporate and institutional | Real estate | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	6	50
Bank | Corporate and institutional | Real estate | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	4	3
Bank | Corporate and institutional | Real estate | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	0	11
Bank | Corporate and institutional | Real estate | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	167	77
Bank | Corporate and institutional | Commercial and industrial loans
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	66,135	70,551
Bank | Corporate and institutional | Commercial and industrial loans | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	65,327	69,227
Bank | Corporate and institutional | Commercial and industrial loans | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	808	1,324
Bank | Corporate and institutional | Commercial and industrial loans | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	166	622
Bank | Corporate and institutional | Commercial and industrial loans | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	13	26
Bank | Corporate and institutional | Commercial and industrial loans | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	12	6
Bank | Corporate and institutional | Commercial and industrial loans | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	617	670
Bank | Corporate and institutional | Financial institutions
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	20,916	17,901
Bank | Corporate and institutional | Financial institutions | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	20,807	17,720
Bank | Corporate and institutional | Financial institutions | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	109	181
Bank | Corporate and institutional | Financial institutions | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	60	48
Bank | Corporate and institutional | Financial institutions | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	7	15
Bank | Corporate and institutional | Financial institutions | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	1	72
Bank | Corporate and institutional | Financial institutions | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	41	46
Bank | Corporate and institutional | Governments and public institutions
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	1,287	1,010
Bank | Corporate and institutional | Governments and public institutions | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	1,252	969
Bank | Corporate and institutional | Governments and public institutions | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	35	41
Bank | Corporate and institutional | Governments and public institutions | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	16	37
Bank | Corporate and institutional | Governments and public institutions | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	0	4
Bank | Corporate and institutional | Governments and public institutions | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	0	0
Bank | Corporate and institutional | Governments and public institutions | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	19	0
Bank | Consumer
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	166,666	164,446
Bank | Consumer | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	165,395	163,367
Bank | Consumer | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	1,271	1,079
Bank | Consumer | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	309	229
Bank | Consumer | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	143	136
Bank | Consumer | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	121	81
Bank | Consumer | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	698	633
Bank | Consumer | Mortgages
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	110,533	109,067
Bank | Consumer | Mortgages | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	109,877	108,544
Bank | Consumer | Mortgages | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	656	523
Bank | Consumer | Mortgages | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	123	63
Bank | Consumer | Mortgages | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	73	68
Bank | Consumer | Mortgages | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	61	34
Bank | Consumer | Mortgages | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	399	358
Bank | Consumer | Loans collateralized by securities
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	51,253	51,028
Bank | Consumer | Loans collateralized by securities | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	51,069	50,907
Bank | Consumer | Loans collateralized by securities | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	184	121
Bank | Consumer | Loans collateralized by securities | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	42	17
Bank | Consumer | Loans collateralized by securities | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	0	0
Bank | Consumer | Loans collateralized by securities | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	0	0
Bank | Consumer | Loans collateralized by securities | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	142	104
Bank | Consumer | Consumer finance
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	4,880	4,351
Bank | Consumer | Consumer finance | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	4,449	3,916
Bank | Consumer | Consumer finance | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	431	435
Bank | Consumer | Consumer finance | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	144	149
Bank | Consumer | Consumer finance | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	70	68
Bank | Consumer | Consumer finance | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	60	47
Bank | Consumer | Consumer finance | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	157	171
Bank | Total loans to third parties
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	282,809	282,119
Bank | Total loans to third parties | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	280,409	279,353
Bank | Total loans to third parties | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	2,400	2,766
Bank | Total loans to third parties | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	557	986
Bank | Total loans to third parties | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	167	184
Bank | Total loans to third parties | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	134	170
Bank | Total loans to third parties | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	1,542	1,426
Bank | Total loans to entities under common control
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Total	8,683	8,444
Bank | Total loans to entities under common control | Financial Asset, Not Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	8,683	8,444
Bank | Total loans to entities under common control | Financial Asset, Past Due [Member]
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	0	0
Bank | Total loans to entities under common control | Past due up to 30 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	0	0
Bank | Total loans to entities under common control | Past due 31 - 60 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	0	0
Bank | Total loans to entities under common control | Past due 61 - 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	0	0
Bank | Total loans to entities under common control | Past due more than 90 days
Loans Held At Amortized Cost, Amortized cost, Past Due [Line Items]
Gross loans held at amortized cost	SFr 0	SFr 0

CECL (Details 9)

CECL (Details 9) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Recorded Investment, Past Due [Line Items]
Other financial assets held at amortized cost, past due	SFr 0	SFr 0
Other financial assets held at amortized cost, total	1,042	1,010
Bank
Financing Receivable, Recorded Investment, Past Due [Line Items]
Other financial assets held at amortized cost, total	SFr 1,042	SFr 1,010

CECL (Details 10)

CECL (Details 10) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	SFr 75,886	SFr 58,955
Origination in current year-1	33,920	35,215
Origination in current year-2	23,356	23,170
Origination in current year-3	14,069	13,022
Origination in current year-4	8,677	16,565
Origination in current year-5 or more	49,714	59,024
Total term loans	205,622	205,951
Revolving loans	77,199	76,180
Financing Receivable, before Allowance for Credit Loss and Fee	SFr 282,821	282,131
Date when internal ratings were last updated	2012
Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	SFr 53,305	39,082
Origination in current year-1	25,119	24,471
Origination in current year-2	16,367	15,690
Origination in current year-3	9,913	9,358
Origination in current year-4	6,681	13,678
Origination in current year-5 or more	42,787	50,015
Total term loans	154,172	152,294
Revolving loans	64,192	62,284
Financing Receivable, before Allowance for Credit Loss and Fee	218,364	214,578
Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	22,347	19,257
Origination in current year-1	8,676	10,514
Origination in current year-2	6,795	7,119
Origination in current year-3	3,765	3,471
Origination in current year-4	1,849	2,734
Origination in current year-5 or more	6,446	8,589
Total term loans	49,878	51,684
Revolving loans	12,254	13,173
Financing Receivable, before Allowance for Credit Loss and Fee	62,132	64,857
Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	234	616
Origination in current year-1	125	230
Origination in current year-2	194	361
Origination in current year-3	391	193
Origination in current year-4	147	153
Origination in current year-5 or more	481	420
Total term loans	1,572	1,973
Revolving loans	753	723
Financing Receivable, before Allowance for Credit Loss and Fee	2,325	2,696
Corporate and institutional
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	43,627	35,184
Origination in current year-1	15,424	17,550
Origination in current year-2	9,595	10,958
Origination in current year-3	5,433	4,707
Origination in current year-4	2,404	4,376
Origination in current year-5 or more	8,631	15,157
Total term loans	85,114	87,932
Revolving loans	31,041	29,753
Financing Receivable, before Allowance for Credit Loss and Fee	116,155	117,685
Corporate and institutional | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	24,733	19,315
Origination in current year-1	9,189	9,022
Origination in current year-2	4,713	4,771
Origination in current year-3	2,496	2,156
Origination in current year-4	1,287	2,673
Origination in current year-5 or more	5,180	9,970
Total term loans	47,598	47,907
Revolving loans	22,293	19,713
Financing Receivable, before Allowance for Credit Loss and Fee	69,891	67,620
Corporate and institutional | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	18,705	15,410
Origination in current year-1	6,138	8,346
Origination in current year-2	4,755	5,907
Origination in current year-3	2,758	2,419
Origination in current year-4	1,057	1,636
Origination in current year-5 or more	3,330	5,024
Total term loans	36,743	38,742
Revolving loans	8,240	9,506
Financing Receivable, before Allowance for Credit Loss and Fee	44,983	48,248
Corporate and institutional | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	189	459
Origination in current year-1	97	182
Origination in current year-2	127	280
Origination in current year-3	179	132
Origination in current year-4	60	67
Origination in current year-5 or more	121	163
Total term loans	773	1,283
Revolving loans	508	534
Financing Receivable, before Allowance for Credit Loss and Fee	1,281	1,817
Corporate and institutional | Real estate
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	14,252	8,952
Origination in current year-1	5,069	4,513
Origination in current year-2	2,557	3,006
Origination in current year-3	1,266	1,451
Origination in current year-4	576	1,901
Origination in current year-5 or more	2,875	7,120
Total term loans	26,595	26,943
Revolving loans	1,210	1,268
Financing Receivable, before Allowance for Credit Loss and Fee	27,805	28,211
Corporate and institutional | Real estate | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	9,568	6,054
Origination in current year-1	3,709	2,902
Origination in current year-2	1,849	1,849
Origination in current year-3	925	1,033
Origination in current year-4	475	1,591
Origination in current year-5 or more	2,469	5,982
Total term loans	18,995	19,411
Revolving loans	778	1,027
Financing Receivable, before Allowance for Credit Loss and Fee	19,773	20,438
Corporate and institutional | Real estate | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	4,682	2,792
Origination in current year-1	1,355	1,611
Origination in current year-2	706	1,133
Origination in current year-3	340	346
Origination in current year-4	101	285
Origination in current year-5 or more	376	1,105
Total term loans	7,560	7,272
Revolving loans	297	172
Financing Receivable, before Allowance for Credit Loss and Fee	7,857	7,444
Corporate and institutional | Real estate | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	2	106
Origination in current year-1	5	0
Origination in current year-2	2	24
Origination in current year-3	1	72
Origination in current year-4	0	25
Origination in current year-5 or more	30	33
Total term loans	40	260
Revolving loans	135	69
Financing Receivable, before Allowance for Credit Loss and Fee	175	329
Corporate and institutional | Commercial and industrial loans
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	20,405	19,655
Origination in current year-1	7,772	10,395
Origination in current year-2	6,118	6,349
Origination in current year-3	3,436	3,005
Origination in current year-4	1,694	2,079
Origination in current year-5 or more	4,951	6,795
Total term loans	44,376	48,278
Revolving loans	21,771	22,285
Financing Receivable, before Allowance for Credit Loss and Fee	66,147	70,563
Corporate and institutional | Commercial and industrial loans | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	8,284	7,724
Origination in current year-1	3,242	3,851
Origination in current year-2	2,110	1,781
Origination in current year-3	1,003	964
Origination in current year-4	697	809
Origination in current year-5 or more	2,013	2,830
Total term loans	17,349	17,959
Revolving loans	13,941	12,913
Financing Receivable, before Allowance for Credit Loss and Fee	31,290	30,872
Corporate and institutional | Commercial and industrial loans | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	11,985	11,621
Origination in current year-1	4,468	6,411
Origination in current year-2	3,903	4,321
Origination in current year-3	2,256	1,981
Origination in current year-4	937	1,248
Origination in current year-5 or more	2,848	3,837
Total term loans	26,397	29,419
Revolving loans	7,458	8,908
Financing Receivable, before Allowance for Credit Loss and Fee	33,855	38,327
Corporate and institutional | Commercial and industrial loans | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	136	310
Origination in current year-1	62	133
Origination in current year-2	105	247
Origination in current year-3	177	60
Origination in current year-4	60	22
Origination in current year-5 or more	90	128
Total term loans	630	900
Revolving loans	372	464
Financing Receivable, before Allowance for Credit Loss and Fee	1,002	1,364
Corporate and institutional | Financial institutions
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	8,423	6,370
Origination in current year-1	2,312	2,477
Origination in current year-2	788	1,523
Origination in current year-3	674	216
Origination in current year-4	106	321
Origination in current year-5 or more	585	813
Total term loans	12,888	11,720
Revolving loans	8,028	6,181
Financing Receivable, before Allowance for Credit Loss and Fee	20,916	17,901
Corporate and institutional | Financial institutions | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	6,360	5,363
Origination in current year-1	2,081	2,134
Origination in current year-2	660	1,061
Origination in current year-3	522	124
Origination in current year-4	87	199
Origination in current year-5 or more	499	770
Total term loans	10,209	9,651
Revolving loans	7,542	5,754
Financing Receivable, before Allowance for Credit Loss and Fee	17,751	15,405
Corporate and institutional | Financial institutions | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	2,012	964
Origination in current year-1	201	304
Origination in current year-2	127	453
Origination in current year-3	151	92
Origination in current year-4	19	102
Origination in current year-5 or more	85	41
Total term loans	2,595	1,956
Revolving loans	485	426
Financing Receivable, before Allowance for Credit Loss and Fee	3,080	2,382
Corporate and institutional | Financial institutions | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	51	43
Origination in current year-1	30	39
Origination in current year-2	1	9
Origination in current year-3	1	0
Origination in current year-4	0	20
Origination in current year-5 or more	1	2
Total term loans	84	113
Revolving loans	1	1
Financing Receivable, before Allowance for Credit Loss and Fee	85	114
Corporate and institutional | Governments and public institutions
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	547	207
Origination in current year-1	271	165
Origination in current year-2	132	80
Origination in current year-3	57	35
Origination in current year-4	28	75
Origination in current year-5 or more	220	429
Total term loans	1,255	991
Revolving loans	32	19
Financing Receivable, before Allowance for Credit Loss and Fee	1,287	1,010
Corporate and institutional | Governments and public institutions | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	521	174
Origination in current year-1	157	135
Origination in current year-2	94	80
Origination in current year-3	46	35
Origination in current year-4	28	74
Origination in current year-5 or more	199	388
Total term loans	1,045	886
Revolving loans	32	19
Financing Receivable, before Allowance for Credit Loss and Fee	1,077	905
Corporate and institutional | Governments and public institutions | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	26	33
Origination in current year-1	114	20
Origination in current year-2	19	0
Origination in current year-3	11	0
Origination in current year-4	0	1
Origination in current year-5 or more	21	41
Total term loans	191	95
Revolving loans	0	0
Financing Receivable, before Allowance for Credit Loss and Fee	191	95
Corporate and institutional | Governments and public institutions | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	0	0
Origination in current year-1	0	10
Origination in current year-2	19	0
Origination in current year-3	0	0
Origination in current year-4	0	0
Origination in current year-5 or more	0	0
Total term loans	19	10
Revolving loans	0	0
Financing Receivable, before Allowance for Credit Loss and Fee	19	10
Consumer
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	32,259	23,771
Origination in current year-1	18,496	17,665
Origination in current year-2	13,761	12,212
Origination in current year-3	8,636	8,315
Origination in current year-4	6,273	12,189
Origination in current year-5 or more	41,083	43,867
Total term loans	120,508	118,019
Revolving loans	46,158	46,427
Financing Receivable, before Allowance for Credit Loss and Fee	166,666	164,446
Consumer | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	28,572	19,767
Origination in current year-1	15,930	15,449
Origination in current year-2	11,654	10,919
Origination in current year-3	7,417	7,202
Origination in current year-4	5,394	11,005
Origination in current year-5 or more	37,607	40,045
Total term loans	106,574	104,387
Revolving loans	41,899	42,571
Financing Receivable, before Allowance for Credit Loss and Fee	148,473	146,958
Consumer | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	3,642	3,847
Origination in current year-1	2,538	2,168
Origination in current year-2	2,040	1,212
Origination in current year-3	1,007	1,052
Origination in current year-4	792	1,098
Origination in current year-5 or more	3,116	3,565
Total term loans	13,135	12,942
Revolving loans	4,014	3,667
Financing Receivable, before Allowance for Credit Loss and Fee	17,149	16,609
Consumer | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	45	157
Origination in current year-1	28	48
Origination in current year-2	67	81
Origination in current year-3	212	61
Origination in current year-4	87	86
Origination in current year-5 or more	360	257
Total term loans	799	690
Revolving loans	245	189
Financing Receivable, before Allowance for Credit Loss and Fee	1,044	879
Consumer | Mortgages
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	26,431	19,110
Origination in current year-1	16,158	15,421
Origination in current year-2	12,995	11,174
Origination in current year-3	8,187	7,962
Origination in current year-4	6,090	11,779
Origination in current year-5 or more	39,466	42,541
Total term loans	109,327	107,987
Revolving loans	1,206	1,080
Financing Receivable, before Allowance for Credit Loss and Fee	110,533	109,067
Consumer | Mortgages | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	24,257	17,454
Origination in current year-1	14,743	13,936
Origination in current year-2	11,308	10,187
Origination in current year-3	7,287	7,061
Origination in current year-4	5,318	10,789
Origination in current year-5 or more	36,790	39,471
Total term loans	99,703	98,898
Revolving loans	276	528
Financing Receivable, before Allowance for Credit Loss and Fee	99,979	99,426
Consumer | Mortgages | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	2,134	1,653
Origination in current year-1	1,402	1,459
Origination in current year-2	1,639	929
Origination in current year-3	812	857
Origination in current year-4	698	914
Origination in current year-5 or more	2,359	2,854
Total term loans	9,044	8,666
Revolving loans	930	548
Financing Receivable, before Allowance for Credit Loss and Fee	9,974	9,214
Consumer | Mortgages | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	40	3
Origination in current year-1	13	26
Origination in current year-2	48	58
Origination in current year-3	88	44
Origination in current year-4	74	76
Origination in current year-5 or more	317	216
Total term loans	580	423
Revolving loans	0	4
Financing Receivable, before Allowance for Credit Loss and Fee	580	427
Consumer | Loans collateralized by securities
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	3,312	2,699
Origination in current year-1	1,497	1,319
Origination in current year-2	228	547
Origination in current year-3	164	102
Origination in current year-4	74	327
Origination in current year-5 or more	1,485	1,184
Total term loans	6,760	6,178
Revolving loans	44,493	44,850
Financing Receivable, before Allowance for Credit Loss and Fee	51,253	51,028
Consumer | Loans collateralized by securities | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	2,627	1,031
Origination in current year-1	649	995
Origination in current year-2	61	483
Origination in current year-3	32	61
Origination in current year-4	55	200
Origination in current year-5 or more	804	562
Total term loans	4,228	3,332
Revolving loans	41,275	41,715
Financing Receivable, before Allowance for Credit Loss and Fee	45,503	45,047
Consumer | Loans collateralized by securities | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	685	1,519
Origination in current year-1	848	324
Origination in current year-2	167	64
Origination in current year-3	26	41
Origination in current year-4	19	127
Origination in current year-5 or more	681	622
Total term loans	2,426	2,697
Revolving loans	3,063	3,031
Financing Receivable, before Allowance for Credit Loss and Fee	5,489	5,728
Consumer | Loans collateralized by securities | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	0	149
Origination in current year-1	0	0
Origination in current year-2	0	0
Origination in current year-3	106	0
Origination in current year-4	0	0
Origination in current year-5 or more	0	0
Total term loans	106	149
Revolving loans	155	104
Financing Receivable, before Allowance for Credit Loss and Fee	261	253
Consumer | Consumer finance
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	2,516	1,962
Origination in current year-1	841	925
Origination in current year-2	538	491
Origination in current year-3	285	251
Origination in current year-4	109	83
Origination in current year-5 or more	132	142
Total term loans	4,421	3,854
Revolving loans	459	497
Financing Receivable, before Allowance for Credit Loss and Fee	4,880	4,351
Consumer | Consumer finance | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	1,688	1,282
Origination in current year-1	538	518
Origination in current year-2	285	249
Origination in current year-3	98	80
Origination in current year-4	21	16
Origination in current year-5 or more	13	12
Total term loans	2,643	2,157
Revolving loans	348	328
Financing Receivable, before Allowance for Credit Loss and Fee	2,991	2,485
Consumer | Consumer finance | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	823	675
Origination in current year-1	288	385
Origination in current year-2	234	219
Origination in current year-3	169	154
Origination in current year-4	75	57
Origination in current year-5 or more	76	89
Total term loans	1,665	1,579
Revolving loans	21	88
Financing Receivable, before Allowance for Credit Loss and Fee	1,686	1,667
Consumer | Consumer finance | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	5	5
Origination in current year-1	15	22
Origination in current year-2	19	23
Origination in current year-3	18	17
Origination in current year-4	13	10
Origination in current year-5 or more	43	41
Total term loans	113	118
Revolving loans	90	81
Financing Receivable, before Allowance for Credit Loss and Fee	203	199
Bank
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	75,886	58,955
Origination in current year-1	33,920	35,215
Origination in current year-2	23,356	23,170
Origination in current year-3	14,069	13,022
Origination in current year-4	8,677	16,565
Origination in current year-5 or more	49,702	59,012
Total term loans	205,610	205,939
Revolving loans	77,199	76,180
Financing Receivable, before Allowance for Credit Loss and Fee	291,492	290,563
Bank | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	53,305	39,082
Origination in current year-1	25,119	24,471
Origination in current year-2	16,367	15,690
Origination in current year-3	9,913	9,358
Origination in current year-4	6,681	13,678
Origination in current year-5 or more	42,787	50,015
Total term loans	154,172	152,294
Revolving loans	64,192	62,284
Financing Receivable, before Allowance for Credit Loss and Fee	227,047	223,022
Bank | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	22,347	19,257
Origination in current year-1	8,676	10,514
Origination in current year-2	6,795	7,119
Origination in current year-3	3,765	3,471
Origination in current year-4	1,849	2,734
Origination in current year-5 or more	6,446	8,589
Total term loans	49,878	51,684
Revolving loans	12,254	13,173
Financing Receivable, before Allowance for Credit Loss and Fee	62,132	64,857
Bank | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	234	616
Origination in current year-1	125	230
Origination in current year-2	194	361
Origination in current year-3	391	193
Origination in current year-4	147	153
Origination in current year-5 or more	469	408
Total term loans	1,560	1,961
Revolving loans	753	723
Financing Receivable, before Allowance for Credit Loss and Fee	2,313	2,684
Bank | Corporate and institutional
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	43,627	35,184
Origination in current year-1	15,424	17,550
Origination in current year-2	9,595	10,958
Origination in current year-3	5,433	4,707
Origination in current year-4	2,404	4,376
Origination in current year-5 or more	8,619	15,145
Total term loans	85,102	87,920
Revolving loans	31,041	29,753
Financing Receivable, before Allowance for Credit Loss and Fee	116,143	117,673
Bank | Corporate and institutional | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	24,733	19,315
Origination in current year-1	9,189	9,022
Origination in current year-2	4,713	4,771
Origination in current year-3	2,496	2,156
Origination in current year-4	1,287	2,673
Origination in current year-5 or more	5,180	9,970
Total term loans	47,598	47,907
Revolving loans	22,293	19,713
Financing Receivable, before Allowance for Credit Loss and Fee	69,891	67,620
Bank | Corporate and institutional | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	18,705	15,410
Origination in current year-1	6,138	8,346
Origination in current year-2	4,755	5,907
Origination in current year-3	2,758	2,419
Origination in current year-4	1,057	1,636
Origination in current year-5 or more	3,330	5,024
Total term loans	36,743	38,742
Revolving loans	8,240	9,506
Financing Receivable, before Allowance for Credit Loss and Fee	44,983	48,248
Bank | Corporate and institutional | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	189	459
Origination in current year-1	97	182
Origination in current year-2	127	280
Origination in current year-3	179	132
Origination in current year-4	60	67
Origination in current year-5 or more	109	151
Total term loans	761	1,271
Revolving loans	508	534
Financing Receivable, before Allowance for Credit Loss and Fee	1,269	1,805
Bank | Corporate and institutional | Real estate
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	14,252	8,952
Origination in current year-1	5,069	4,513
Origination in current year-2	2,557	3,006
Origination in current year-3	1,266	1,451
Origination in current year-4	576	1,901
Origination in current year-5 or more	2,875	7,120
Total term loans	26,595	26,943
Revolving loans	1,210	1,268
Financing Receivable, before Allowance for Credit Loss and Fee	27,805	28,211
Bank | Corporate and institutional | Real estate | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	9,568	6,054
Origination in current year-1	3,709	2,902
Origination in current year-2	1,849	1,849
Origination in current year-3	925	1,033
Origination in current year-4	475	1,591
Origination in current year-5 or more	2,469	5,982
Total term loans	18,995	19,411
Revolving loans	778	1,027
Financing Receivable, before Allowance for Credit Loss and Fee	19,773	20,438
Bank | Corporate and institutional | Real estate | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	4,682	2,792
Origination in current year-1	1,355	1,611
Origination in current year-2	706	1,133
Origination in current year-3	340	346
Origination in current year-4	101	285
Origination in current year-5 or more	376	1,105
Total term loans	7,560	7,272
Revolving loans	297	172
Financing Receivable, before Allowance for Credit Loss and Fee	7,857	7,444
Bank | Corporate and institutional | Real estate | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	2	106
Origination in current year-1	5	0
Origination in current year-2	2	24
Origination in current year-3	1	72
Origination in current year-4	0	25
Origination in current year-5 or more	30	33
Total term loans	40	260
Revolving loans	135	69
Financing Receivable, before Allowance for Credit Loss and Fee	175	329
Bank | Corporate and institutional | Commercial and industrial loans
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	20,405	19,655
Origination in current year-1	7,772	10,395
Origination in current year-2	6,118	6,349
Origination in current year-3	3,436	3,005
Origination in current year-4	1,694	2,079
Origination in current year-5 or more	4,939	6,783
Total term loans	44,364	48,266
Revolving loans	21,771	22,285
Financing Receivable, before Allowance for Credit Loss and Fee	66,135	70,551
Bank | Corporate and institutional | Commercial and industrial loans | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	8,284	7,724
Origination in current year-1	3,242	3,851
Origination in current year-2	2,110	1,781
Origination in current year-3	1,003	964
Origination in current year-4	697	809
Origination in current year-5 or more	2,013	2,830
Total term loans	17,349	17,959
Revolving loans	13,941	12,913
Financing Receivable, before Allowance for Credit Loss and Fee	31,290	30,872
Bank | Corporate and institutional | Commercial and industrial loans | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	11,985	11,621
Origination in current year-1	4,468	6,411
Origination in current year-2	3,903	4,321
Origination in current year-3	2,256	1,981
Origination in current year-4	937	1,248
Origination in current year-5 or more	2,848	3,837
Total term loans	26,397	29,419
Revolving loans	7,458	8,908
Financing Receivable, before Allowance for Credit Loss and Fee	33,855	38,327
Bank | Corporate and institutional | Commercial and industrial loans | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	136	310
Origination in current year-1	62	133
Origination in current year-2	105	247
Origination in current year-3	177	60
Origination in current year-4	60	22
Origination in current year-5 or more	78	116
Total term loans	618	888
Revolving loans	372	464
Financing Receivable, before Allowance for Credit Loss and Fee	990	1,352
Bank | Corporate and institutional | Financial institutions
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	8,423	6,370
Origination in current year-1	2,312	2,477
Origination in current year-2	788	1,523
Origination in current year-3	674	216
Origination in current year-4	106	321
Origination in current year-5 or more	585	813
Total term loans	12,888	11,720
Revolving loans	8,028	6,181
Financing Receivable, before Allowance for Credit Loss and Fee	20,916	17,901
Bank | Corporate and institutional | Financial institutions | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	6,360	5,363
Origination in current year-1	2,081	2,134
Origination in current year-2	660	1,061
Origination in current year-3	522	124
Origination in current year-4	87	199
Origination in current year-5 or more	499	770
Total term loans	10,209	9,651
Revolving loans	7,542	5,754
Financing Receivable, before Allowance for Credit Loss and Fee	17,751	15,405
Bank | Corporate and institutional | Financial institutions | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	2,012	964
Origination in current year-1	201	304
Origination in current year-2	127	453
Origination in current year-3	151	92
Origination in current year-4	19	102
Origination in current year-5 or more	85	41
Total term loans	2,595	1,956
Revolving loans	485	426
Financing Receivable, before Allowance for Credit Loss and Fee	3,080	2,382
Bank | Corporate and institutional | Financial institutions | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	51	43
Origination in current year-1	30	39
Origination in current year-2	1	9
Origination in current year-3	1	0
Origination in current year-4	0	20
Origination in current year-5 or more	1	2
Total term loans	84	113
Revolving loans	1	1
Financing Receivable, before Allowance for Credit Loss and Fee	85	114
Bank | Corporate and institutional | Governments and public institutions
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	547	207
Origination in current year-1	271	165
Origination in current year-2	132	80
Origination in current year-3	57	35
Origination in current year-4	28	75
Origination in current year-5 or more	220	429
Total term loans	1,255	991
Revolving loans	32	19
Financing Receivable, before Allowance for Credit Loss and Fee	1,287	1,010
Bank | Corporate and institutional | Governments and public institutions | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	521	174
Origination in current year-1	157	135
Origination in current year-2	94	80
Origination in current year-3	46	35
Origination in current year-4	28	74
Origination in current year-5 or more	199	388
Total term loans	1,045	886
Revolving loans	32	19
Financing Receivable, before Allowance for Credit Loss and Fee	1,077	905
Bank | Corporate and institutional | Governments and public institutions | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	26	33
Origination in current year-1	114	20
Origination in current year-2	19	0
Origination in current year-3	11	0
Origination in current year-4	0	1
Origination in current year-5 or more	21	41
Total term loans	191	95
Revolving loans	0	0
Financing Receivable, before Allowance for Credit Loss and Fee	191	95
Bank | Corporate and institutional | Governments and public institutions | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	0	0
Origination in current year-1	0	10
Origination in current year-2	19	0
Origination in current year-3	0	0
Origination in current year-4	0	0
Origination in current year-5 or more	0	0
Total term loans	19	10
Revolving loans	0	0
Financing Receivable, before Allowance for Credit Loss and Fee	19	10
Bank | Consumer
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	32,259	23,771
Origination in current year-1	18,496	17,665
Origination in current year-2	13,761	12,212
Origination in current year-3	8,636	8,315
Origination in current year-4	6,273	12,189
Origination in current year-5 or more	41,083	43,867
Total term loans	120,508	118,019
Revolving loans	46,158	46,427
Financing Receivable, before Allowance for Credit Loss and Fee	166,666	164,446
Bank | Consumer | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	28,572	19,767
Origination in current year-1	15,930	15,449
Origination in current year-2	11,654	10,919
Origination in current year-3	7,417	7,202
Origination in current year-4	5,394	11,005
Origination in current year-5 or more	37,607	40,045
Total term loans	106,574	104,387
Revolving loans	41,899	42,571
Financing Receivable, before Allowance for Credit Loss and Fee	148,473	146,958
Bank | Consumer | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	3,642	3,847
Origination in current year-1	2,538	2,168
Origination in current year-2	2,040	1,212
Origination in current year-3	1,007	1,052
Origination in current year-4	792	1,098
Origination in current year-5 or more	3,116	3,565
Total term loans	13,135	12,942
Revolving loans	4,014	3,667
Financing Receivable, before Allowance for Credit Loss and Fee	17,149	16,609
Bank | Consumer | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	45	157
Origination in current year-1	28	48
Origination in current year-2	67	81
Origination in current year-3	212	61
Origination in current year-4	87	86
Origination in current year-5 or more	360	257
Total term loans	799	690
Revolving loans	245	189
Financing Receivable, before Allowance for Credit Loss and Fee	1,044	879
Bank | Consumer | Mortgages
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	26,431	19,110
Origination in current year-1	16,158	15,421
Origination in current year-2	12,995	11,174
Origination in current year-3	8,187	7,962
Origination in current year-4	6,090	11,779
Origination in current year-5 or more	39,466	42,541
Total term loans	109,327	107,987
Revolving loans	1,206	1,080
Financing Receivable, before Allowance for Credit Loss and Fee	110,533	109,067
Bank | Consumer | Mortgages | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	24,257	17,454
Origination in current year-1	14,743	13,936
Origination in current year-2	11,308	10,187
Origination in current year-3	7,287	7,061
Origination in current year-4	5,318	10,789
Origination in current year-5 or more	36,790	39,471
Total term loans	99,703	98,898
Revolving loans	276	528
Financing Receivable, before Allowance for Credit Loss and Fee	99,979	99,426
Bank | Consumer | Mortgages | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	2,134	1,653
Origination in current year-1	1,402	1,459
Origination in current year-2	1,639	929
Origination in current year-3	812	857
Origination in current year-4	698	914
Origination in current year-5 or more	2,359	2,854
Total term loans	9,044	8,666
Revolving loans	930	548
Financing Receivable, before Allowance for Credit Loss and Fee	9,974	9,214
Bank | Consumer | Mortgages | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	40	3
Origination in current year-1	13	26
Origination in current year-2	48	58
Origination in current year-3	88	44
Origination in current year-4	74	76
Origination in current year-5 or more	317	216
Total term loans	580	423
Revolving loans	0	4
Financing Receivable, before Allowance for Credit Loss and Fee	580	427
Bank | Consumer | Loans collateralized by securities
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	3,312	2,699
Origination in current year-1	1,497	1,319
Origination in current year-2	228	547
Origination in current year-3	164	102
Origination in current year-4	74	327
Origination in current year-5 or more	1,485	1,184
Total term loans	6,760	6,178
Revolving loans	44,493	44,850
Financing Receivable, before Allowance for Credit Loss and Fee	51,253	51,028
Bank | Consumer | Loans collateralized by securities | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	2,627	1,031
Origination in current year-1	649	995
Origination in current year-2	61	483
Origination in current year-3	32	61
Origination in current year-4	55	200
Origination in current year-5 or more	804	562
Total term loans	4,228	3,332
Revolving loans	41,275	41,715
Financing Receivable, before Allowance for Credit Loss and Fee	45,503	45,047
Bank | Consumer | Loans collateralized by securities | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	685	1,519
Origination in current year-1	848	324
Origination in current year-2	167	64
Origination in current year-3	26	41
Origination in current year-4	19	127
Origination in current year-5 or more	681	622
Total term loans	2,426	2,697
Revolving loans	3,063	3,031
Financing Receivable, before Allowance for Credit Loss and Fee	5,489	5,728
Bank | Consumer | Loans collateralized by securities | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	0	149
Origination in current year-1	0	0
Origination in current year-2	0	0
Origination in current year-3	106	0
Origination in current year-4	0	0
Origination in current year-5 or more	0	0
Total term loans	106	149
Revolving loans	155	104
Financing Receivable, before Allowance for Credit Loss and Fee	261	253
Bank | Consumer | Consumer finance
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	2,516	1,962
Origination in current year-1	841	925
Origination in current year-2	538	491
Origination in current year-3	285	251
Origination in current year-4	109	83
Origination in current year-5 or more	132	142
Total term loans	4,421	3,854
Revolving loans	459	497
Financing Receivable, before Allowance for Credit Loss and Fee	4,880	4,351
Bank | Consumer | Consumer finance | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	1,688	1,282
Origination in current year-1	538	518
Origination in current year-2	285	249
Origination in current year-3	98	80
Origination in current year-4	21	16
Origination in current year-5 or more	13	12
Total term loans	2,643	2,157
Revolving loans	348	328
Financing Receivable, before Allowance for Credit Loss and Fee	2,991	2,485
Bank | Consumer | Consumer finance | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	823	675
Origination in current year-1	288	385
Origination in current year-2	234	219
Origination in current year-3	169	154
Origination in current year-4	75	57
Origination in current year-5 or more	76	89
Total term loans	1,665	1,579
Revolving loans	21	88
Financing Receivable, before Allowance for Credit Loss and Fee	1,686	1,667
Bank | Consumer | Consumer finance | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Origination in current year	5	5
Origination in current year-1	15	22
Origination in current year-2	19	23
Origination in current year-3	18	17
Origination in current year-4	13	10
Origination in current year-5 or more	43	41
Total term loans	113	118
Revolving loans	90	81
Financing Receivable, before Allowance for Credit Loss and Fee	203	199
Bank | Total loans to third parties
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Financing Receivable, before Allowance for Credit Loss and Fee	282,809	282,119
Bank | Total loans to third parties | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Financing Receivable, before Allowance for Credit Loss and Fee	218,364	214,578
Bank | Total loans to third parties | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Financing Receivable, before Allowance for Credit Loss and Fee	62,132	64,857
Bank | Total loans to third parties | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Financing Receivable, before Allowance for Credit Loss and Fee	2,313	2,684
Bank | Total loans to entities under common control
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Financing Receivable, before Allowance for Credit Loss and Fee	8,683	8,444
Bank | Total loans to entities under common control | Investment grade | AAA to BBB
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Financing Receivable, before Allowance for Credit Loss and Fee	8,683	8,444
Bank | Total loans to entities under common control | Non-investment grade | BB to C
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Financing Receivable, before Allowance for Credit Loss and Fee	0	0
Bank | Total loans to entities under common control | Non-investment grade | D
Loans Held At Amortized Cost, Amortized Cost [Line Items]
Financing Receivable, before Allowance for Credit Loss and Fee	SFr 0	SFr 0

CECL (Details 12)

CECL (Details 12) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Recorded Investment [Line Items]
Origination in current year	SFr 5	SFr 0
Origination in current year-2	0	70
Origination in current year-3	63	2
Origination in current year-4	2	4
Origination 5 years or more	2	0
Total term positions	72	76
Revolving positions	970	934
Other financial assets held at amortized cost, total	1,042	1,010
Investment grade | AAA to BBB
Financing Receivable, Recorded Investment [Line Items]
Origination in current year	0	0
Origination in current year-2	0	0
Origination in current year-3	0	0
Origination in current year-4	0	0
Origination 5 years or more	0	0
Total term positions	0	0
Revolving positions	0	0
Other financial assets held at amortized cost, total	0	0
Non-investment grade | BB to C
Financing Receivable, Recorded Investment [Line Items]
Origination in current year	5	0
Origination in current year-2	0	70
Origination in current year-3	63	2
Origination in current year-4	2	4
Origination 5 years or more	2	0
Total term positions	72	76
Revolving positions	970	934
Other financial assets held at amortized cost, total	1,042	1,010
Non-investment grade | D
Financing Receivable, Recorded Investment [Line Items]
Origination in current year	0	0
Origination in current year-2	0	0
Origination in current year-3	0	0
Origination in current year-4	0	0
Origination 5 years or more	0	0
Total term positions	0	0
Revolving positions	0	0
Other financial assets held at amortized cost, total	0	0
Bank
Financing Receivable, Recorded Investment [Line Items]
Origination in current year	5	0
Origination in current year-2	0	70
Origination in current year-3	63	2
Origination in current year-4	2	4
Origination 5 years or more	2	0
Total term positions	72	76
Revolving positions	970	934
Other financial assets held at amortized cost, total	1,042	1,010
Bank | Investment grade | AAA to BBB
Financing Receivable, Recorded Investment [Line Items]
Origination in current year	0	0
Origination in current year-2	0	0
Origination in current year-3	0	0
Origination in current year-4	0	0
Origination 5 years or more	0	0
Total term positions	0	0
Revolving positions	0	0
Other financial assets held at amortized cost, total	0	0
Bank | Non-investment grade | BB to C
Financing Receivable, Recorded Investment [Line Items]
Origination in current year	5	0
Origination in current year-2	0	70
Origination in current year-3	63	2
Origination in current year-4	2	4
Origination 5 years or more	2	0
Total term positions	72	76
Revolving positions	970	934
Other financial assets held at amortized cost, total	1,042	1,010
Bank | Non-investment grade | D
Financing Receivable, Recorded Investment [Line Items]
Origination in current year	0	0
Origination in current year-2	0	0
Origination in current year-3	0	0
Origination in current year-4	0	0
Origination 5 years or more	0	0
Total term positions	0	0
Revolving positions	0	0
Other financial assets held at amortized cost, total	SFr 0	SFr 0

CECL (Details 14)

CECL (Details 14) SFr in Millions	12 Months Ended
	Dec. 31, 2021CHF (SFr)contract	Dec. 31, 2020CHF (SFr)contract	Dec. 31, 2019CHF (SFr)contract
Restructured loans
Restructured loans, Modifications, Number of contracts | contract	21	20	26
Restructured loans, Modifications, Pre-Modification Recorded Investment	SFr 481	SFr 292	SFr 179
Restructured loans, Modifications, Post-Modification Recorded Investment	SFr 465	SFr 260	SFr 168
Restructured loans, subsequently defaulted, Number of contracts | contract	4	4	2
Restructured loans, subsequently defaulted, Recorded Investment	SFr 170	SFr 13	SFr 15
Consumer | Mortgages
Restructured loans
Restructured loans, Modifications, Number of contracts | contract	0	0	1
Restructured loans, Modifications, Pre-Modification Recorded Investment	SFr 0	SFr 0	SFr 7
Restructured loans, Modifications, Post-Modification Recorded Investment	SFr 0	SFr 0	SFr 7
Restructured loans, subsequently defaulted, Number of contracts | contract	0	0	1
Restructured loans, subsequently defaulted, Recorded Investment	SFr 0	SFr 0	SFr 13
Consumer | Loans collateralized by securities
Restructured loans
Restructured loans, Modifications, Number of contracts | contract	1	3	0
Restructured loans, Modifications, Pre-Modification Recorded Investment	SFr 33	SFr 165	SFr 0
Restructured loans, Modifications, Post-Modification Recorded Investment	SFr 25	SFr 165	SFr 0
Restructured loans, subsequently defaulted, Number of contracts | contract	3	0	0
Restructured loans, subsequently defaulted, Recorded Investment	SFr 156	SFr 0	SFr 0
Corporate and institutional | Real estate
Restructured loans
Restructured loans, Modifications, Number of contracts | contract	1	0	0
Restructured loans, Modifications, Pre-Modification Recorded Investment	SFr 2	SFr 0	SFr 0
Restructured loans, Modifications, Post-Modification Recorded Investment	SFr 2	SFr 0	SFr 0
Corporate and institutional | Commercial and industrial loans
Restructured loans
Restructured loans, Modifications, Number of contracts | contract	18	17	25
Restructured loans, Modifications, Pre-Modification Recorded Investment	SFr 402	SFr 127	SFr 172
Restructured loans, Modifications, Post-Modification Recorded Investment	SFr 394	SFr 95	SFr 161
Restructured loans, subsequently defaulted, Number of contracts | contract	1	4	1
Restructured loans, subsequently defaulted, Recorded Investment	SFr 14	SFr 13	SFr 2
Corporate and institutional | Financial institutions
Restructured loans
Restructured loans, Modifications, Number of contracts | contract	1	0	0
Restructured loans, Modifications, Pre-Modification Recorded Investment	SFr 44	SFr 0	SFr 0
Restructured loans, Modifications, Post-Modification Recorded Investment	SFr 44	SFr 0	SFr 0
Bank
Restructured loans
Restructured loans, Modifications, Number of contracts | contract	21	20	26
Restructured loans, Modifications, Pre-Modification Recorded Investment	SFr 481	SFr 292	SFr 179
Restructured loans, Modifications, Post-Modification Recorded Investment	SFr 465	SFr 260	SFr 168
Restructured loans, subsequently defaulted, Number of contracts | contract	4	4	2
Restructured loans, subsequently defaulted, Recorded Investment	SFr 170	SFr 13	SFr 15
Bank | Consumer | Mortgages
Restructured loans
Restructured loans, Modifications, Number of contracts | contract	0	0	1
Restructured loans, Modifications, Pre-Modification Recorded Investment	SFr 0	SFr 0	SFr 7
Restructured loans, Modifications, Post-Modification Recorded Investment	SFr 0	SFr 0	SFr 7
Restructured loans, subsequently defaulted, Number of contracts | contract	0	0	1
Restructured loans, subsequently defaulted, Recorded Investment	SFr 0	SFr 0	SFr 13
Bank | Consumer | Loans collateralized by securities
Restructured loans
Restructured loans, Modifications, Number of contracts | contract	1	3	0
Restructured loans, Modifications, Pre-Modification Recorded Investment	SFr 33	SFr 165	SFr 0
Restructured loans, Modifications, Post-Modification Recorded Investment	SFr 25	SFr 165	SFr 0
Restructured loans, subsequently defaulted, Number of contracts | contract	3	0	0
Restructured loans, subsequently defaulted, Recorded Investment	SFr 156	SFr 0	SFr 0
Bank | Corporate and institutional | Real estate
Restructured loans
Restructured loans, Modifications, Number of contracts | contract	1	0	0
Restructured loans, Modifications, Pre-Modification Recorded Investment	SFr 2	SFr 0	SFr 0
Restructured loans, Modifications, Post-Modification Recorded Investment	SFr 2	SFr 0	SFr 0
Bank | Corporate and institutional | Commercial and industrial loans
Restructured loans
Restructured loans, Modifications, Number of contracts | contract	18	17	25
Restructured loans, Modifications, Pre-Modification Recorded Investment	SFr 402	SFr 127	SFr 172
Restructured loans, Modifications, Post-Modification Recorded Investment	SFr 394	SFr 95	SFr 161
Restructured loans, subsequently defaulted, Number of contracts | contract	1	4	1
Restructured loans, subsequently defaulted, Recorded Investment	SFr 14	SFr 13	SFr 2
Bank | Corporate and institutional | Financial institutions
Restructured loans
Restructured loans, Modifications, Number of contracts | contract	1	0	0
Restructured loans, Modifications, Pre-Modification Recorded Investment	SFr 44	SFr 0	SFr 0
Restructured loans, Modifications, Post-Modification Recorded Investment	SFr 44	SFr 0	SFr 0

CECL (Details 15)

CECL (Details 15)	12 Months Ended
	Dec. 31, 2021year	Dec. 31, 2020
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Number of Macroeconomic Scenarios	3
Reasonable Supportable Forecast Period Macroeconomic Factors, Years	5
Scenario, Macroeconomic scenario, Downside [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Macroeconomic Scenario Probability, in percent	40.00%	40.00%
Scenario, Macroeconomic scenario, Downside, Forecast, One year [Member] | Real GDP growth rate (%YoY) [Member] | Eurozone [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	(0.70%)	0.30%
Scenario, Macroeconomic scenario, Downside, Forecast, One year [Member] | Real GDP growth rate (%YoY) [Member] | SWITZERLAND [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	(0.40%)	0.10%
Scenario, Macroeconomic scenario, Downside, Forecast, One year [Member] | Real GDP growth rate (%YoY) [Member] | UNITED STATES [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	0.10%	0.50%
Scenario, Macroeconomic scenario, Downside, Forecast, One year [Member] | Real GDP growth rate (%YoY) [Member] | UNITED KINGDOM [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	(0.90%)	1.50%
Scenario, Macroeconomic scenario, Downside, Forecast, One year [Member] | Industrial production (%YoY) [Member] | World [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	0.00%	2.40%
Scenario, Macroeconomic scenario, Downside, Forecast, Two years [Member] | Real GDP growth rate (%YoY) [Member] | Eurozone [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	1.40%	2.80%
Scenario, Macroeconomic scenario, Downside, Forecast, Two years [Member] | Real GDP growth rate (%YoY) [Member] | SWITZERLAND [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	0.30%	0.80%
Scenario, Macroeconomic scenario, Downside, Forecast, Two years [Member] | Real GDP growth rate (%YoY) [Member] | UNITED STATES [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	1.40%	2.00%
Scenario, Macroeconomic scenario, Downside, Forecast, Two years [Member] | Real GDP growth rate (%YoY) [Member] | UNITED KINGDOM [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	1.00%	2.20%
Scenario, Macroeconomic scenario, Downside, Forecast, Two years [Member] | Industrial production (%YoY) [Member] | World [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	2.00%	2.90%
Scenario, Macroeconomic scenario, Baseline [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Macroeconomic Scenario Probability, in percent	50.00%	50.00%
Scenario, Macroeconomic scenario, Baseline, Forecast, One year [Member] | Real GDP growth rate (%YoY) [Member] | Eurozone [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	3.80%	4.60%
Scenario, Macroeconomic scenario, Baseline, Forecast, One year [Member] | Real GDP growth rate (%YoY) [Member] | SWITZERLAND [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	2.50%	3.60%
Scenario, Macroeconomic scenario, Baseline, Forecast, One year [Member] | Real GDP growth rate (%YoY) [Member] | UNITED STATES [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	3.80%	3.60%
Scenario, Macroeconomic scenario, Baseline, Forecast, One year [Member] | Real GDP growth rate (%YoY) [Member] | UNITED KINGDOM [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	5.00%	6.40%
Scenario, Macroeconomic scenario, Baseline, Forecast, One year [Member] | Industrial production (%YoY) [Member] | World [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	3.00%	5.50%
Scenario, Macroeconomic scenario, Baseline, Forecast, Two years [Member] | Real GDP growth rate (%YoY) [Member] | Eurozone [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	2.30%	3.20%
Scenario, Macroeconomic scenario, Baseline, Forecast, Two years [Member] | Real GDP growth rate (%YoY) [Member] | SWITZERLAND [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	1.90%	2.80%
Scenario, Macroeconomic scenario, Baseline, Forecast, Two years [Member] | Real GDP growth rate (%YoY) [Member] | UNITED STATES [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	1.90%	4.10%
Scenario, Macroeconomic scenario, Baseline, Forecast, Two years [Member] | Real GDP growth rate (%YoY) [Member] | UNITED KINGDOM [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	3.30%	4.00%
Scenario, Macroeconomic scenario, Baseline, Forecast, Two years [Member] | Industrial production (%YoY) [Member] | World [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	3.00%	4.30%
Scenario, Macroeconomic scenario, Upside [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Macroeconomic Scenario Probability, in percent	10.00%	10.00%
Scenario, Macroeconomic scenario, Upside, Forecast, One year [Member] | Real GDP growth rate (%YoY) [Member] | Eurozone [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	4.20%	7.80%
Scenario, Macroeconomic scenario, Upside, Forecast, One year [Member] | Real GDP growth rate (%YoY) [Member] | SWITZERLAND [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	4.30%	5.40%
Scenario, Macroeconomic scenario, Upside, Forecast, One year [Member] | Real GDP growth rate (%YoY) [Member] | UNITED STATES [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	4.50%	5.20%
Scenario, Macroeconomic scenario, Upside, Forecast, One year [Member] | Real GDP growth rate (%YoY) [Member] | UNITED KINGDOM [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	7.80%	10.90%
Scenario, Macroeconomic scenario, Upside, Forecast, One year [Member] | Industrial production (%YoY) [Member] | World [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	4.40%	8.60%
Scenario, Macroeconomic scenario, Upside, Forecast, Two years [Member] | Real GDP growth rate (%YoY) [Member] | Eurozone [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	2.70%	3.90%
Scenario, Macroeconomic scenario, Upside, Forecast, Two years [Member] | Real GDP growth rate (%YoY) [Member] | SWITZERLAND [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	2.80%	4.50%
Scenario, Macroeconomic scenario, Upside, Forecast, Two years [Member] | Real GDP growth rate (%YoY) [Member] | UNITED STATES [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	2.40%	5.10%
Scenario, Macroeconomic scenario, Upside, Forecast, Two years [Member] | Real GDP growth rate (%YoY) [Member] | UNITED KINGDOM [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	3.90%	5.70%
Scenario, Macroeconomic scenario, Upside, Forecast, Two years [Member] | Industrial production (%YoY) [Member] | World [Member]
Allowance for Credit Loss, Macroeconomic scenarios [Line Items]
Allowance for Credit Losses, Macroeconomic Forecast, in percent	3.70%	5.90%

CECL (Details 16)

CECL (Details 16) SFr in Millions	12 Months Ended
	Dec. 31, 2021CHF (SFr)
Other financial assets, held at amortized cost, Allowance for Credit Loss [Line Items]
Purchases	SFr 196
Bank
Other financial assets, held at amortized cost, Allowance for Credit Loss [Line Items]
Purchases	SFr 196

Goodwill (Details)

Goodwill (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Gross amount of goodwill
Balance at beginning of period	SFr 8,317	SFr 8,554
Goodwill acquired during the period		131
Foreign currency translation impact	117	(316)
Other	(3)	(52)
Balance at end of period	8,431	8,317	SFr 8,554
Accumulated impairment
Balance at beginning of period	3,891	3,891
Goodwill impairment	1,623	0	0
Balance at end of period	5,514	3,891	3,891
Net book value
Net book value	2,917	4,426
Operating Segments | Swiss Universal Bank
Gross amount of goodwill
Balance at beginning of period	575	607
Goodwill acquired during the period		0
Foreign currency translation impact	10	(29)
Other	0	(3)
Balance at end of period	585	575	607
Accumulated impairment
Balance at beginning of period	0	0
Goodwill impairment	0
Balance at end of period	0	0	0
Net book value
Net book value	585	575
Operating Segments | International Wealth Management
Gross amount of goodwill
Balance at beginning of period	284	295
Goodwill acquired during the period		0
Foreign currency translation impact	4	(10)
Other	(3)	(1)
Balance at end of period	285	284	295
Accumulated impairment
Balance at beginning of period	0	0
Goodwill impairment	0
Balance at end of period	0	0	0
Net book value
Net book value	285	284
Operating Segments | Asia Pacific
Gross amount of goodwill
Balance at beginning of period	1,021	995
Goodwill acquired during the period		98
Foreign currency translation impact	22	(62)
Other	0	(10)
Balance at end of period	1,043	1,021	995
Accumulated impairment
Balance at beginning of period	0	0
Goodwill impairment	103
Balance at end of period	103	0	0
Net book value
Net book value	940	1,021
Operating Segments | Asset Management
Gross amount of goodwill
Balance at beginning of period	1,068	1,199
Goodwill acquired during the period		9
Foreign currency translation impact	39	(102)
Other	0	(38)
Balance at end of period	1,107	1,068	1,199
Accumulated impairment
Balance at beginning of period	0	0
Goodwill impairment	0
Balance at end of period	0	0	0
Net book value
Net book value	1,107	1,068
Operating Segments | Investment Bank
Gross amount of goodwill
Balance at beginning of period	5,357	5,446
Goodwill acquired during the period		24
Foreign currency translation impact	42	(113)
Other	0	0
Balance at end of period	5,399	5,357	5,446
Accumulated impairment
Balance at beginning of period	3,879	3,879
Goodwill impairment	1,520
Balance at end of period	5,399	3,879	3,879
Net book value
Net book value	0	1,478
Operating Segments | Strategic Resolution Unit (old)
Gross amount of goodwill
Balance at end of period	12
Bank
Gross amount of goodwill
Balance at beginning of period	7,646	7,851
Goodwill acquired during the period		131
Foreign currency translation impact	105	(284)
Other	(3)	(52)
Balance at end of period	7,748	7,646	7,851
Accumulated impairment
Balance at beginning of period	3,891	3,891
Goodwill impairment	976	0	0
Balance at end of period	4,867	3,891	3,891
Net book value
Net book value	2,881	3,755
Bank | Operating Segments | Swiss Universal Bank
Gross amount of goodwill
Balance at beginning of period	557	589
Goodwill acquired during the period		0
Foreign currency translation impact	10	(30)
Other	0	(2)
Balance at end of period	567	557	589
Accumulated impairment
Balance at beginning of period	0	0
Goodwill impairment	0
Balance at end of period	0	0	0
Net book value
Net book value	567	557
Bank | Operating Segments | International Wealth Management
Gross amount of goodwill
Balance at beginning of period	276	288
Goodwill acquired during the period		0
Foreign currency translation impact	4	(11)
Other	(3)	(1)
Balance at end of period	277	276	288
Accumulated impairment
Balance at beginning of period	0	0
Goodwill impairment	0
Balance at end of period	0	0	0
Net book value
Net book value	277	276
Bank | Operating Segments | Asia Pacific
Gross amount of goodwill
Balance at beginning of period	1,005	986
Goodwill acquired during the period		98
Foreign currency translation impact	25	(68)
Other	0	(11)
Balance at end of period	1,030	1,005	986
Accumulated impairment
Balance at beginning of period	0	0
Goodwill impairment	94
Balance at end of period	94	0	0
Net book value
Net book value	936	1,005
Bank | Operating Segments | Asset Management
Gross amount of goodwill
Balance at beginning of period	1,062	1,193
Goodwill acquired during the period		9
Foreign currency translation impact	39	(102)
Other	0	(38)
Balance at end of period	1,101	1,062	1,193
Accumulated impairment
Balance at beginning of period	0	0
Goodwill impairment	0
Balance at end of period	0	0	0
Net book value
Net book value	1,101	1,062
Bank | Operating Segments | Investment Bank
Gross amount of goodwill
Balance at beginning of period	4,734	4,783
Goodwill acquired during the period		24
Foreign currency translation impact	27	(73)
Other	0	0
Balance at end of period	4,761	4,734	4,783
Accumulated impairment
Balance at beginning of period	3,879	3,879
Goodwill impairment	882
Balance at end of period	4,761	3,879	SFr 3,879
Net book value
Net book value	0	SFr 855
Bank | Operating Segments | Strategic Resolution Unit (old)
Gross amount of goodwill
Balance at end of period	SFr 12

Other intangible assets (Detail

Other intangible assets (Details 1) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other intangible assets
Gross carrying amount	SFr 61	SFr 51
Accumulated amortization	(35)	(20)
Net carrying amount	26	31
Non-amortizing other intangible assets	250	206
Other intangible assets (mortgage servicing rights), at fair value	224	180
Total other intangible assets, net	276	237
Aggregate amortization expenses and impairment losses
Aggregate amortization	8	6	SFr 5
Impairment	0	2	5
Estimated amortization expenses
In the next 12 months	4
Year two	3
Year three	3
Year four	2
Year five	2
Tradenames / trademarks
Other intangible assets
Gross carrying amount	25	24
Accumulated amortization	(25)	(24)
Net carrying amount	0	0
Client relationships
Other intangible assets
Gross carrying amount	31	30
Accumulated amortization	(7)	0
Net carrying amount	24	30
Other
Other intangible assets
Gross carrying amount	5	(3)
Accumulated amortization	(3)	4
Net carrying amount	2	1
Total other intangible assets, gross	311	257
Bank
Other intangible assets
Gross carrying amount	61	51
Accumulated amortization	(35)	(21)
Net carrying amount	26	30
Non-amortizing other intangible assets	250	207
Other intangible assets (mortgage servicing rights), at fair value	224	180
Total other intangible assets, net	276	237
Aggregate amortization expenses and impairment losses
Aggregate amortization	8	6	5
Impairment	0	2	SFr 5
Estimated amortization expenses
In the next 12 months	4
Year two	3
Year three	3
Year four	2
Year five	2
Bank | Tradenames / trademarks
Other intangible assets
Gross carrying amount	25	24
Accumulated amortization	(25)	(24)
Net carrying amount	0	0
Bank | Client relationships
Other intangible assets
Gross carrying amount	31	30
Accumulated amortization	(7)	0
Net carrying amount	24	30
Bank | Other
Other intangible assets
Gross carrying amount	5	(3)
Accumulated amortization	(3)	3
Net carrying amount	2	0
Total other intangible assets, gross	SFr 311	SFr 258

Other assets and other liabil_3

Other assets and other liabilities (Details) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2018
Other assets
Cash collateral on derivative instruments	SFr 7,659	SFr 7,741
Cash collateral on non-derivative transactions	395	635
Derivative instruments used for hedging	212	131
Assets held-for-sale	8,020	7,077
of which loans	7,924	7,046
allowance for loans held-for-sale	(44)	(48)
of which real estate	94	27
of which long-lived assets	2	4
Premises, equipment and right-of-use assets	7,305	7,376
Assets held for separate accounts	98	102
Interest and fees receivable	2,884	4,255
Deferred tax assets	3,707	3,667
Prepaid expenses	509	448
of which cloud computing arrangement implementation costs	52	38
Failed purchases	1,307	1,451
Defined benefit pension and post-retirement plan assets	4,215	2,872
Other	4,920	3,882
Other assets	41,231	39,637
Other liabilities
Cash collateral on derivative instruments	5,533	7,831
Cash collateral on non-derivative transactions	528	174
Derivative instruments used for hedging	10	45
Operating Lease, Liability	2,591	2,759
Provisions	1,925	2,080
of which off-balance sheet risk	257	311
Restructuring liabilities	19	52	SFr 346
Liabilities held for separate accounts	98	102
Interest and fees payable	3,969	4,297
Current tax liabilities	685	555
Deferred tax liabilities	754	530
Failed sales	1,736	1,120
Defined benefit pension and post-retirement plan liabilities	353	410
Other	4,443	11,479
Other liabilities	22,644	31,434
Restricted loans, representing collateral on secured borrowings, included in loans held-for-sale	391	262
Foreclosed or repossessed real estate	8	8
Foreclosed or repossessed residential real estate	8	8
Other assets, held at amortized cost, Allowance for Credit Loss	30	43
Bank
Other assets
Cash collateral on derivative instruments	7,659	7,741
Cash collateral on non-derivative transactions	395	635
Derivative instruments used for hedging	212	131
Assets held-for-sale	8,020	7,077
of which loans	7,924	7,046
allowance for loans held-for-sale	(44)	(48)
of which real estate	94	27
of which long-lived assets	2	4
Premises, equipment and right-of-use assets	6,140	6,213
Assets held for separate accounts	98	102
Interest and fees receivable	2,934	4,397
Deferred tax assets	3,666	3,630
Prepaid expenses	394	367
of which cloud computing arrangement implementation costs	46	32
Failed purchases	1,307	1,451
Defined benefit pension and post-retirement plan assets	974	975
Other	4,916	3,855
Other assets	36,715	36,574
Other liabilities
Cash collateral on derivative instruments	5,533	7,831
Cash collateral on non-derivative transactions	528	174
Derivative instruments used for hedging	10	45
Operating Lease, Liability	1,861	1,981
Provisions	1,912	2,067
of which off-balance sheet risk	257	311
Restructuring liabilities	19	49	SFr 342
Liabilities held for separate accounts	98	102
Interest and fees payable	3,930	4,397
Current tax liabilities	671	542
Deferred tax liabilities	122	157
Failed sales	1,736	1,120
Defined benefit pension and post-retirement plan liabilities	343	403
Other	4,546	11,472
Other liabilities	21,309	30,340
Restricted loans, representing collateral on secured borrowings, included in loans held-for-sale	391	262
Foreclosed or repossessed real estate	8	8
Foreclosed or repossessed residential real estate	8	8
Other assets, held at amortized cost, Allowance for Credit Loss	SFr 28	SFr 41

Other assets and other liabil_4

Other assets and other liabilities (Details 2) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Premises and equipment
Buildings and improvements	SFr 1,107	SFr 1,425
Land	241	291
Leasehold improvements	1,722	1,775
Software	8,146	7,038
Equipment	1,806	1,874
Premises and equipment	13,022	12,403
Accumulated depreciation	(8,129)	(7,627)
Total premises and equipment, net	4,893	4,776
Depreciation and impairment
Depreciation	1,020	964	SFr 939
Impairment	21	10	3
Amortization and impairment on right-of-use assets	361	331	324
Right-of-use assets [Abstract]
Right-of-use assets	2,412	2,600
Premises, equipment and right-of-use assets	7,305	7,376
Bank
Premises and equipment
Buildings and improvements	1,084	1,403
Land	241	291
Leasehold improvements	1,578	1,634
Software	7,660	6,663
Equipment	1,004	1,128
Premises and equipment	11,567	11,119
Accumulated depreciation	(7,143)	(6,761)
Total premises and equipment, net	4,424	4,358
Depreciation and impairment
Depreciation	903	860	844
Impairment	20	10	3
Amortization and impairment on right-of-use assets	313	284	SFr 279
Right-of-use assets [Abstract]
Operating leases	1,716	1,855
Right-of-use assets	1,716	1,855
Premises, equipment and right-of-use assets	SFr 6,140	SFr 6,213

Leases (Details)

Leases (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income and Expenses, Lessee [Abstract]
Operating lease costs	SFr 357	SFr 369	SFr 388
Variable lease costs	52	50	40
Sublease income	(57)	(71)	(78)
Total lease costs	352	348	350
Other information pertaining to leases [Abstract]
Gains/(losses) on sale and leaseback transactions	225	15	274
Cash paid for amounts included in the measurement of operating lease liabilities recorded in operating cash flows	(399)	(403)	(464)
Right-of-use assets obtained in exchange of new operating lease liabilities	107	32	102
Changes to right-of-use assets due to lease modifications for operating leases	SFr 29	SFr 32	221
Weighted average remaining lease term and discount rate [Abstract]
Remaining lease term (years)	11 years 1 month 6 days	11 years 10 months 24 days
Discount rate	2.60%	2.60%
Lessee, Operating Lease, Liability, Payment, Due, Rolling Maturity [Abstract]
Due within 1 year	SFr 374	SFr 385
Due between 1 and 2 years	339	364
Due between 2 and 3 years	293	323
Due between 3 and 4 years	293	278
Due between 4 and 5 years	255	249
Thereafter	1,450	1,642
Total	3,004	3,241
Future interest payable	(413)	(482)
Lease liabilities	SFr 2,591	2,759
Operating Leases, Future Minimum Payments Due [Abstract]
Sale Leaseback Transaction, Lease Terms	During 2021, the Group entered into 13 sale-leaseback transactions with lease terms ranging from 3 to 10 years. During 2020, the Group entered into one sale-leaseback transaction, with a lease term of one year. During 2019, the Group entered into four sale-leaseback transactions, with lease terms ranging from five to ten years.
Bank
Income and Expenses, Lessee [Abstract]
Operating lease costs	SFr 293	305	324
Variable lease costs	50	45	37
Sublease income	(75)	(87)	(95)
Total lease costs	268	263	266
Other information pertaining to leases [Abstract]
Gains/(losses) on sale and leaseback transactions	225	15	274
Cash paid for amounts included in the measurement of operating lease liabilities recorded in operating cash flows	(334)	(340)	(400)
Right-of-use assets obtained in exchange of new operating lease liabilities	107	32	100
Changes to right-of-use assets due to lease modifications for operating leases	SFr 29	SFr 26	SFr 214
Weighted average remaining lease term and discount rate [Abstract]
Remaining lease term (years)	9 years 7 months 6 days	10 years 4 months 24 days
Discount rate	2.80%	2.90%
Lessee, Operating Lease, Liability, Payment, Due, Rolling Maturity [Abstract]
Due within 1 year	SFr 309	SFr 320
Due between 1 and 2 years	278	299
Due between 2 and 3 years	234	262
Due between 3 and 4 years	234	219
Due between 4 and 5 years	197	190
Thereafter	919	1,054
Total	2,171	2,344
Future interest payable	(310)	(363)
Lease liabilities	SFr 1,861	SFr 1,981
Operating Leases, Future Minimum Payments Due [Abstract]
Sale Leaseback Transaction, Lease Terms	During 2021, the Bank entered into 13 sale-leaseback transactions with lease terms ranging from 3 to 10 years. During 2020, the Bank entered into one sale-leaseback transaction with a lease term of one year. During 2019, the Bank entered into 4 sale-leaseback transactions, with lease terms ranging from 5 to 10 years.

Leases (Details 2)

Leases (Details 2) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Lessor Disclosure [Line Items]
Residual Value of Leased Asset	SFr 1,100	SFr 900
Lease income [Abstract]
Sales-type Lease, Unguaranteed Residual Asset	119	43
Direct Financing Lease, Unguaranteed Residual Asset	80	188
Interest income on sales-type lease receivables	25	19	SFr 13
Interest income on direct financing lease receivables	68	74	97
Lease income from operating leases	76	93	103
Variable lease income	1	0	3
Total lease income	170	186	216
Net Investment in Lease [Abstract]
Lease receivables, Sales-type leases	1,107	862
Impairment recognized, Sales-type leases	7	6
Total net investment, Sales-type Lease	1,219	899
Lease receivables, Direct financing leases	2,395	2,299
Impairment recognized, Direct financing leases	18	23
Total net investment, Direct financing leases	2,457	2,464
Lessor, Operating Lease, Payments, Rolling Maturity [Abstract]
Due within 1 year	46	48
Due between 1 and 2 years	43	41
Due between 2 and 3 years	42	37
Due between 3 and 4 years	40	36
Due between 4 and 5 years	37	34
Thereafter	34	63
Total	SFr 242	259
Lessor, lease options	Certain leases include i) termination options that allow lessees to terminate the leases within three months of the commencement date, with a notice period of 30 days; ii) termination options that allow the Group to terminate the lease but do not provide the lessee with the same option; iii) termination penalties; iv) options to prepay the payments for the remaining lease term; or v) options that permit the lessee to purchase the leased asset at market value or at the greater of market value and the net present value of the remaining payments.
Sales-type leases [Member]
Sales-type and Direct Financing Leases, Lease Receivable, Rolling Maturity [Abstract]
Due within 1 year	SFr 467	359
Due between 1 and 2 years	263	213
Due between 2 and 3 years	179	142
Due between 3 and 4 years	113	84
Due between 4 and 5 years	62	43
Thereafter	83	66
Total	1,167	907
Future interest receivable	(60)	(45)
Lease receivables	1,107	862
Direct financing leases [Member]
Sales-type and Direct Financing Leases, Lease Receivable, Rolling Maturity [Abstract]
Due within 1 year	727	755
Due between 1 and 2 years	641	620
Due between 2 and 3 years	583	514
Due between 3 and 4 years	458	402
Due between 4 and 5 years	125	125
Thereafter	31	48
Total	2,565	2,464
Future interest receivable	(170)	(165)
Lease receivables	2,395	2,299
Bank
Lessor Disclosure [Line Items]
Residual Value of Leased Asset	1,100	900
Lease income [Abstract]
Sales-type Lease, Unguaranteed Residual Asset	119	43
Direct Financing Lease, Unguaranteed Residual Asset	80	188
Interest income on sales-type lease receivables	25	19	13
Interest income on direct financing lease receivables	68	74	97
Lease income from operating leases	93	107	119
Variable lease income	1	0	3
Total lease income	187	200	SFr 232
Net Investment in Lease [Abstract]
Lease receivables, Sales-type leases	1,107	862
Impairment recognized, Sales-type leases	7	6
Total net investment, Sales-type Lease	1,219	899
Lease receivables, Direct financing leases	2,395	2,299
Impairment recognized, Direct financing leases	18	23
Total net investment, Direct financing leases	2,457	2,464
Lessor, Operating Lease, Payments, Rolling Maturity [Abstract]
Due within 1 year	61	63
Due between 1 and 2 years	59	57
Due between 2 and 3 years	59	53
Due between 3 and 4 years	56	52
Due between 4 and 5 years	54	50
Thereafter	177	217
Total	466	492
Related Party, Operating Lease	224	234
Bank | Sales-type leases [Member]
Sales-type and Direct Financing Leases, Lease Receivable, Rolling Maturity [Abstract]
Due within 1 year	467	359
Due between 1 and 2 years	263	213
Due between 2 and 3 years	179	142
Due between 3 and 4 years	113	84
Due between 4 and 5 years	62	43
Thereafter	83	66
Total	1,167	907
Future interest receivable	(60)	(45)
Lease receivables	1,107	862
Bank | Direct financing leases [Member]
Sales-type and Direct Financing Leases, Lease Receivable, Rolling Maturity [Abstract]
Due within 1 year	727	755
Due between 1 and 2 years	641	620
Due between 2 and 3 years	583	514
Due between 3 and 4 years	458	402
Due between 4 and 5 years	125	125
Thereafter	31	48
Total	2,565	2,464
Future interest receivable	(170)	(165)
Lease receivables	SFr 2,395	SFr 2,299

Deposits (Details)

Deposits (Details) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Deposits
Non-interest-bearing demand deposits	SFr 5,259	SFr 6,316
Interest-bearing demand deposits	200,193	186,704
Savings deposits	68,501	71,533
Time deposits	137,831	142,791
Total deposits	411,784	407,344
of which due to banks	18,965	16,423
of which customer deposits	392,819	390,921
Overdrawn deposits not included in total deposits, reclassified as loans	86	106
Time Deposits, uninsured	128,526	136,687
Foreign
Deposits
Non-interest-bearing demand deposits	2,556	3,085
Interest-bearing demand deposits	47,200	41,995
Savings deposits	8,474	8,764
Time deposits	102,229	115,927
Total deposits	160,459	169,771
Switzerland
Deposits
Non-interest-bearing demand deposits	2,703	3,231
Interest-bearing demand deposits	152,993	144,709
Savings deposits	60,027	62,769
Time deposits	35,602	26,864
Total deposits	251,325	237,573
Bank
Deposits
Non-interest-bearing demand deposits	5,260	6,328
Interest-bearing demand deposits	201,026	187,468
Savings deposits	68,501	71,533
Time deposits	138,014	143,130
Total deposits	412,801	408,459
of which due to banks	18,960	16,420
of which customer deposits	393,841	392,039
Overdrawn deposits not included in total deposits, reclassified as loans	86	106
Time Deposits, uninsured	128,714	136,687
Bank | Foreign
Deposits
Non-interest-bearing demand deposits	2,557	3,097
Interest-bearing demand deposits	47,415	42,172
Savings deposits	8,474	8,764
Time deposits	102,239	115,942
Total deposits	160,685	169,975
Bank | Switzerland
Deposits
Non-interest-bearing demand deposits	2,703	3,231
Interest-bearing demand deposits	153,611	145,296
Savings deposits	60,027	62,769
Time deposits	35,775	27,188
Total deposits	SFr 252,116	SFr 238,484

Long-term debt (Details)

Long-term debt (Details) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Long-term debt
Senior	SFr 141,402	SFr 133,056
Subordinated	24,103	26,285
Non-recourse liabilities from consolidated VIEs	1,391	1,746
Long-term debt	166,896	161,087
of which reported at fair value	68,722	70,976
Structured notes
Long-term debt
Long-term debt	43,126	47,039
Bank
Long-term debt
Senior	95,468	94,768
Subordinated	63,836	63,765
Non-recourse liabilities from consolidated VIEs	1,391	1,746
Long-term debt	160,695	160,279
of which reported at fair value	67,788	70,243
Bank | Structured notes
Long-term debt
Long-term debt	SFr 43,126	SFr 47,039

Long-term debt - Maturities (De

Long-term debt - Maturities (Details 2) SFr in Millions, ¥ in Billions	Dec. 31, 2021CHF (SFr)	Dec. 31, 2021JPY (¥)	Dec. 31, 2020CHF (SFr)
Long-term debt by maturities
Next twelve months	SFr 26,483
Year two	29,648
Year three	18,803
Year four	19,000
Year five	18,211
Thereafter	54,751
Long-term debt	166,896		SFr 161,087
Notes with a contractual maturity of greater than one year, but likelihood of redemption within one year	2,700
Structured notes
Long-term debt by maturities
Next twelve months	11,346
Year two	7,764
Year three	4,625
Year four	3,628
Year five	2,954
Thereafter	12,809
Long-term debt	43,126		47,039
Structured notes | Equity
Long-term debt by maturities
Long-term debt	28,681		29,907
Structured notes | Fixed income
Long-term debt by maturities
Long-term debt	11,678		13,882
Structured notes | Credit
Long-term debt by maturities
Long-term debt	2,363		2,881
Structured notes | Other
Long-term debt by maturities
Long-term debt	404		369
Group Parent Company, intercompany transactions excluded
Long-term debt by maturities
Next twelve months	1,406
Year two	10,579
Year three	6,278
Year four	9,398
Year five	8,517
Thereafter	26,106
Long-term debt	SFr 62,284
Group Parent Company, intercompany transactions excluded | Senior notes | Debt Instrument, Redemption, Period Two [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.60%	0.60%
Group Parent Company, intercompany transactions excluded | Senior notes | Debt Instrument, Redemption, Period Two [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	3.80%	3.80%
Group Parent Company, intercompany transactions excluded | Senior notes | Debt Instrument, Redemption, Period Three [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	1.00%	1.00%
Group Parent Company, intercompany transactions excluded | Senior notes | Debt Instrument, Redemption, Period Three [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	4.20%	4.20%
Group Parent Company, intercompany transactions excluded | Senior notes | Debt Instrument, Redemption, Period Four [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	1.30%	1.30%
Group Parent Company, intercompany transactions excluded | Senior notes | Debt Instrument, Redemption, Period Four [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	3.80%	3.80%
Group Parent Company, intercompany transactions excluded | Senior notes | Debt Instrument, Redemption, Period Five [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.50%	0.50%
Group Parent Company, intercompany transactions excluded | Senior notes | Debt Instrument, Redemption, Period Five [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	4.60%	4.60%
Group Parent Company, intercompany transactions excluded | Senior notes | Debt Instrument, Redemption, Thereafter [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.60%	0.60%
Group Parent Company, intercompany transactions excluded | Senior notes | Debt Instrument, Redemption, Thereafter [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	5.40%	5.40%
Group Parent Company, intercompany transactions excluded | Subordinated | Debt Instrument, Redemption, Period One [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	7.10%	7.10%
Group Parent Company, intercompany transactions excluded | Subordinated | Debt Instrument, Redemption, Period Two [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	3.90%	3.90%
Group Parent Company, intercompany transactions excluded | Subordinated | Debt Instrument, Redemption, Period Two [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	7.50%	7.50%
Group Parent Company, intercompany transactions excluded | Subordinated | Debt Instrument, Redemption, Period Three [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	3.50%	3.50%
Group Parent Company, intercompany transactions excluded | Subordinated | Debt Instrument, Redemption, Period Three [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	6.30%	6.30%
Group Parent Company, intercompany transactions excluded | Subordinated | Debt Instrument, Redemption, Period Four [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	3.00%	3.00%
Group Parent Company, intercompany transactions excluded | Subordinated | Debt Instrument, Redemption, Period Four [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	7.30%	7.30%
Group Parent Company, intercompany transactions excluded | Subordinated | Debt Instrument, Redemption, Period Five [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	6.40%	6.40%
Group Parent Company, intercompany transactions excluded | Subordinated | Debt Instrument, Redemption, Thereafter [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	4.50%	4.50%
Group Parent Company, intercompany transactions excluded | Subordinated | Debt Instrument, Redemption, Thereafter [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	5.30%	5.30%
Group Parent Company, intercompany transactions excluded | Fixed rate | Senior notes
Long-term debt by maturities
Next twelve months	SFr 0
Year two	5,683
Year three	1,262
Year four	7,376
Year five	5,240
Thereafter	22,475
Long-term debt	42,036
Group Parent Company, intercompany transactions excluded | Fixed rate | Subordinated
Long-term debt by maturities
Next twelve months	1,406
Year two	4,348
Year three	3,250
Year four	2,022
Year five	1,717
Thereafter	3,631
Long-term debt	16,374
Group Parent Company, intercompany transactions excluded | Variable rate | Senior notes
Long-term debt by maturities
Next twelve months	0
Year two	548
Year three	1,766
Year four	0
Year five	1,560
Thereafter	0
Long-term debt	3,874
Group subsidiaries
Long-term debt by maturities
Next twelve months	25,077
Year two	19,069
Year three	12,525
Year four	9,602
Year five	9,694
Thereafter	28,645
Long-term debt	SFr 104,612
Group subsidiaries | Senior notes | Debt Instrument, Redemption, Period One [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.00%	0.00%
Group subsidiaries | Senior notes | Debt Instrument, Redemption, Period One [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	9.70%	9.70%
Group subsidiaries | Senior notes | Debt Instrument, Redemption, Period Two [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.10%	0.10%
Group subsidiaries | Senior notes | Debt Instrument, Redemption, Period Two [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	2.20%	2.20%
Group subsidiaries | Senior notes | Debt Instrument, Redemption, Period Three [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.00%	0.00%
Group subsidiaries | Senior notes | Debt Instrument, Redemption, Period Three [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	3.60%	3.60%
Group subsidiaries | Senior notes | Debt Instrument, Redemption, Period Four [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.00%	0.00%
Group subsidiaries | Senior notes | Debt Instrument, Redemption, Period Four [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	3.50%	3.50%
Group subsidiaries | Senior notes | Debt Instrument, Redemption, Period Five [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.10%	0.10%
Group subsidiaries | Senior notes | Debt Instrument, Redemption, Period Five [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	3.30%	3.30%
Group subsidiaries | Senior notes | Debt Instrument, Redemption, Thereafter [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.00%	0.00%
Group subsidiaries | Senior notes | Debt Instrument, Redemption, Thereafter [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	7.10%	7.10%
Group subsidiaries | Subordinated | Debt Instrument, Redemption, Period One [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.90%	0.90%
Group subsidiaries | Subordinated | Debt Instrument, Redemption, Period One [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	3.80%	3.80%
Group subsidiaries | Subordinated | Debt Instrument, Redemption, Period Two [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.00%	0.00%
Group subsidiaries | Subordinated | Debt Instrument, Redemption, Period Two [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	6.50%	6.50%
Group subsidiaries | Subordinated | Debt Instrument, Redemption, Period Three [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	5.70%	5.70%
Group subsidiaries | Subordinated | Debt Instrument, Redemption, Period Four [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.00%	0.00%
Group subsidiaries | Subordinated | Debt Instrument, Redemption, Period Four [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	5.90%	5.90%
Group subsidiaries | Subordinated | Debt Instrument, Redemption, Period Five [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	5.90%	5.90%
Group subsidiaries | Subordinated | Debt Instrument, Redemption, Thereafter [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	5.70%	5.70%
Group subsidiaries | Subordinated | Debt Instrument, Redemption, Thereafter [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	7.20%	7.20%
Group subsidiaries | Non-recourse liabilities from consolidated VIEs | Debt Instrument, Redemption, Period One [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.00%	0.00%
Group subsidiaries | Non-recourse liabilities from consolidated VIEs | Debt Instrument, Redemption, Period One [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	2.90%	2.90%
Group subsidiaries | Non-recourse liabilities from consolidated VIEs | Debt Instrument, Redemption, Thereafter [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.00%	0.00%
Group subsidiaries | Non-recourse liabilities from consolidated VIEs | Debt Instrument, Redemption, Thereafter [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	10.60%	10.60%
Group subsidiaries | Fixed rate | Senior notes
Long-term debt by maturities
Next twelve months	SFr 4,129
Year two	4,878
Year three	4,739
Year four	4,566
Year five	5,712
Thereafter	14,010
Long-term debt	38,034
Group subsidiaries | Fixed rate | Subordinated
Long-term debt by maturities
Next twelve months	4,907
Year two	2,397
Year three	29
Year four	33
Year five	50
Thereafter	127
Long-term debt	7,543
Group subsidiaries | Fixed rate | Non-recourse liabilities from consolidated VIEs
Long-term debt by maturities
Next twelve months	133
Year two	123
Year three	0
Year four	217
Year five	0
Thereafter	0
Long-term debt	473
Group subsidiaries | Variable rate | Senior notes
Long-term debt by maturities
Next twelve months	15,708
Year two	11,665
Year three	7,757
Year four	4,777
Year five	3,932
Thereafter	13,619
Long-term debt	57,458
Group subsidiaries | Variable rate | Subordinated
Long-term debt by maturities
Next twelve months	186
Year two	0
Year three	0
Year four	0
Year five	0
Thereafter	0
Long-term debt	186
Group subsidiaries | Variable rate | Non-recourse liabilities from consolidated VIEs
Long-term debt by maturities
Next twelve months	14
Year two	6
Year three	0
Year four	9
Year five	0
Thereafter	889
Long-term debt	918
Bank
Long-term debt by maturities
Next twelve months	27,864
Year two	27,296
Year three	18,821
Year four	19,019
Year five	16,649
Thereafter	51,046
Long-term debt	160,695		160,279
Maximum principal amount of notes that can be issued | ¥		¥ 500
Notes with a contractual maturity of greater than one year, but likelihood of redemption within one year	SFr 2,700
Bank | Senior notes | Debt Instrument, Redemption, Period One [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.00%	0.00%
Bank | Senior notes | Debt Instrument, Redemption, Period One [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	9.70%	9.70%
Bank | Senior notes | Debt Instrument, Redemption, Period Two [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.10%	0.10%
Bank | Senior notes | Debt Instrument, Redemption, Period Two [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	2.20%	2.20%
Bank | Senior notes | Debt Instrument, Redemption, Period Three [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.00%	0.00%
Bank | Senior notes | Debt Instrument, Redemption, Period Three [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	3.60%	3.60%
Bank | Senior notes | Debt Instrument, Redemption, Period Four [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.00%	0.00%
Bank | Senior notes | Debt Instrument, Redemption, Period Four [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	3.50%	3.50%
Bank | Senior notes | Debt Instrument, Redemption, Period Five [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.10%	0.10%
Bank | Senior notes | Debt Instrument, Redemption, Period Five [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	3.30%	3.30%
Bank | Senior notes | Debt Instrument, Redemption, Thereafter [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.00%	0.00%
Bank | Senior notes | Debt Instrument, Redemption, Thereafter [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	7.10%	7.10%
Bank | Subordinated | Debt Instrument, Redemption, Period One [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.90%	0.90%
Bank | Subordinated | Debt Instrument, Redemption, Period One [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	7.10%	7.10%
Bank | Subordinated | Debt Instrument, Redemption, Period Two [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.60%	0.60%
Bank | Subordinated | Debt Instrument, Redemption, Period Two [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	8.00%	8.00%
Bank | Subordinated | Debt Instrument, Redemption, Period Three [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.80%	0.80%
Bank | Subordinated | Debt Instrument, Redemption, Period Three [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	6.50%	6.50%
Bank | Subordinated | Debt Instrument, Redemption, Period Four [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.40%	0.40%
Bank | Subordinated | Debt Instrument, Redemption, Period Four [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	7.30%	7.30%
Bank | Subordinated | Debt Instrument, Redemption, Period Five [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	2.20%	2.20%
Bank | Subordinated | Debt Instrument, Redemption, Period Five [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	6.40%	6.40%
Bank | Subordinated | Debt Instrument, Redemption, Thereafter [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.70%	0.70%
Bank | Subordinated | Debt Instrument, Redemption, Thereafter [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	7.20%	7.20%
Bank | Non-recourse liabilities from consolidated VIEs | Debt Instrument, Redemption, Period One [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.00%	0.00%
Bank | Non-recourse liabilities from consolidated VIEs | Debt Instrument, Redemption, Period One [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	2.90%	2.90%
Bank | Non-recourse liabilities from consolidated VIEs | Debt Instrument, Redemption, Thereafter [Member] | Minimum
Long-term debt by maturities
Interest rate (as a percent)	0.00%	0.00%
Bank | Non-recourse liabilities from consolidated VIEs | Debt Instrument, Redemption, Thereafter [Member] | Maximum
Long-term debt by maturities
Interest rate (as a percent)	10.60%	10.60%
Bank | Structured notes
Long-term debt by maturities
Next twelve months	SFr 11,346
Year two	7,764
Year three	4,625
Year four	3,628
Year five	2,954
Thereafter	12,809
Long-term debt	43,126		47,039
Bank | Structured notes | Equity
Long-term debt by maturities
Long-term debt	28,681		29,907
Bank | Structured notes | Fixed income
Long-term debt by maturities
Long-term debt	11,678		13,882
Bank | Structured notes | Credit
Long-term debt by maturities
Long-term debt	2,363		2,881
Bank | Structured notes | Other
Long-term debt by maturities
Long-term debt	404		SFr 369
Bank | Fixed rate | Senior notes
Long-term debt by maturities
Next twelve months	4,058
Year two	4,886
Year three	4,740
Year four	4,584
Year five	5,709
Thereafter	14,019
Long-term debt	37,996
Bank | Fixed rate | Subordinated
Long-term debt by maturities
Next twelve months	7,308
Year two	10,522
Year three	4,555
Year four	9,432
Year five	7,008
Thereafter	19,548
Long-term debt	58,373
Bank | Fixed rate | Non-recourse liabilities from consolidated VIEs
Long-term debt by maturities
Next twelve months	133
Year two	123
Year three	0
Year four	217
Year five	0
Thereafter	0
Long-term debt	473
Bank | Variable rate | Senior notes
Long-term debt by maturities
Next twelve months	15,708
Year two	11,665
Year three	7,760
Year four	4,777
Year five	3,932
Thereafter	13,630
Long-term debt	57,472
Bank | Variable rate | Subordinated
Long-term debt by maturities
Next twelve months	643
Year two	94
Year three	1,766
Year four	0
Year five	0
Thereafter	2,960
Long-term debt	5,463
Bank | Variable rate | Non-recourse liabilities from consolidated VIEs
Long-term debt by maturities
Next twelve months	14
Year two	6
Year three	0
Year four	9
Year five	0
Thereafter	889
Long-term debt	SFr 918

Accumulated other comprehensi_3

Accumulated other comprehensive income (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	SFr (23,150)
Balance at end of period	(21,326)	SFr (23,150)
Gains/(losses) on cash flow hedges
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	206	28	SFr (72)
Increase/(decrease)	(260)	91	65
Increase/(decrease) due to equity method investments			10
Reclassification adjustments, included in net income	(41)	87	25
Cumulative effect of accounting changes, net of tax			0
Total increase/(decrease)	(301)	178	100
Balance at end of period	(95)	206	28
Cumulative translation adjustments
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	(17,528)	(14,469)	(13,442)
Increase/(decrease)	783	(3,076)	(1,015)
Increase/(decrease) due to equity method investments			(18)
Reclassification adjustments, included in net income	6	17	6
Cumulative effect of accounting changes, net of tax			0
Total increase/(decrease)	789	(3,059)	(1,027)
Balance at end of period	(16,739)	(17,528)	(14,469)
Unrealized gains/(losses) on securities
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	13	30	10
Increase/(decrease)	0	(49)	20
Increase/(decrease) due to equity method investments			0
Reclassification adjustments, included in net income	0	32	0
Cumulative effect of accounting changes, net of tax			0
Total increase/(decrease)	0	(17)	20
Balance at end of period	13	13	30
Actuarial gains/(losses)
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	(3,727)	(3,690)	(3,974)
Increase/(decrease)	707	(327)	44
Increase/(decrease) due to equity method investments			0
Reclassification adjustments, included in net income	315	290	282
Cumulative effect of accounting changes, net of tax			(42)
Total increase/(decrease)	1,022	(37)	284
Balance at end of period	(2,705)	(3,727)	(3,690)
Net prior service credit/ (cost)
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	456	604	387
Increase/(decrease)	4	(5)	338
Increase/(decrease) due to equity method investments			0
Reclassification adjustments, included in net income	(95)	(143)	(121)
Cumulative effect of accounting changes, net of tax			0
Total increase/(decrease)	(91)	(148)	217
Balance at end of period	365	456	604
Accumulated Gains (Losses) On Liabilities Related To Credit Risk
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	(2,570)	(2,772)	(890)
Increase/(decrease)	302	45	(2,053)
Increase/(decrease) due to equity method investments			0
Reclassification adjustments, included in net income	103	157	193
Cumulative effect of accounting changes, net of tax			(22)
Total increase/(decrease)	405	202	(1,882)
Balance at end of period	(2,165)	(2,570)	(2,772)
Accumulated other comprehensive income
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	(23,150)	(20,269)	(17,981)
Increase/(decrease)	1,536	(3,321)	(2,601)
Increase/(decrease) due to equity method investments			(8)
Reclassification adjustments, included in net income	288	440	385
Cumulative effect of accounting changes, net of tax			(64)
Total increase/(decrease)	1,824	(2,881)	(2,288)
Balance at end of period	(21,326)	(23,150)	(20,269)
Bank
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	(20,239)
Balance at end of period	(19,359)	(20,239)
Bank | Gains/(losses) on cash flow hedges
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	205	28	(58)
Increase/(decrease)	(259)	90	65
Reclassification adjustments, included in net income	(41)	87	21
Cumulative effect of accounting changes, net of tax			0
Total increase/(decrease)	(300)	177	86
Balance at end of period	(95)	205	28
Bank | Cumulative translation adjustments
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	(17,517)	(14,560)	(13,573)
Increase/(decrease)	751	(2,974)	(990)
Reclassification adjustments, included in net income	6	17	3
Cumulative effect of accounting changes, net of tax			0
Total increase/(decrease)	757	(2,957)	(987)
Balance at end of period	(16,760)	(17,517)	(14,560)
Bank | Unrealized gains/(losses) on securities
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	13	30	9
Increase/(decrease)	0	(49)	21
Reclassification adjustments, included in net income	0	32	0
Cumulative effect of accounting changes, net of tax			0
Total increase/(decrease)	0	(17)	21
Balance at end of period	13	13	30
Bank | Actuarial gains/(losses)
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	(460)	(417)	(350)
Increase/(decrease)	12	(55)	(42)
Reclassification adjustments, included in net income	19	12	17
Cumulative effect of accounting changes, net of tax			(42)
Total increase/(decrease)	31	(43)	(67)
Balance at end of period	(429)	(460)	(417)
Bank | Net prior service credit/ (cost)
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	(11)	(7)	(8)
Increase/(decrease)	4	(4)	0
Reclassification adjustments, included in net income	1	0	1
Cumulative effect of accounting changes, net of tax			0
Total increase/(decrease)	5	(4)	1
Balance at end of period	(6)	(11)	(7)
Bank | Accumulated Gains (Losses) On Liabilities Related To Credit Risk
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	(2,469)	(2,620)	(860)
Increase/(decrease)	284	(6)	(1,931)
Reclassification adjustments, included in net income	103	157	193
Cumulative effect of accounting changes, net of tax			(22)
Total increase/(decrease)	387	151	(1,760)
Balance at end of period	(2,082)	(2,469)	(2,620)
Bank | Accumulated other comprehensive income
Increase (Decrease) in Accumulated other Comprehensive Income
Balance at beginning of period	(20,239)	(17,546)	(14,840)
Increase/(decrease)	792	(2,998)	(2,877)
Reclassification adjustments, included in net income	88	305	235
Cumulative effect of accounting changes, net of tax			(64)
Total increase/(decrease)	880	(2,693)	(2,706)
Balance at end of period	SFr (19,359)	SFr (20,239)	SFr (17,546)

AOCI - Additional share informa

AOCI - Additional share information (Details 2) - SFr / shares		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Common shares issued
Common Stock, Shares, Issued, Beginning Balance		2,447,747,720	2,556,011,720	2,556,011,720
Issuance of common shares		203,000,000	0	0
Cancellation of repurchased shares		0	(108,264,000)	0
Common Stock, Shares, Issued, Ending Balance		2,650,747,720	2,447,747,720	2,556,011,720
Treasury shares
Treasury Stock, Shares, Beginning Balance		41,602,841	119,761,811	5,427,691
Sale of treasury shares		2,053,309,578	1,222,417,138	795,576,688
Issuance of common shares relating to mandatory convertible notes		203,000,000	0	0
Conversion of mandatory convertible notes		202,998,491	0	0
Repurchase of treasury shares		2,151,374,939	1,303,331,434	951,743,509
Cancellation of repurchased shares		0	108,264,000	0
Share-based compensation, net of tax		58,606,500	50,809,266	41,832,701
Treasury Stock, Shares, Ending Balance		81,063,211	41,602,841	119,761,811
Common shares outstanding		2,569,684,509	2,406,144,879	2,436,249,909
Par value (in CHF per share)		SFr 0.04	SFr 0.04
Authorized shares (in shares)	[1]	3,100,747,720	3,100,747,720
Unissued shares (in shares)		450,000,000	653,000,000
Capital Instrument Reserved
Treasury shares
Unissued shares (in shares)		111,524,164	111,193,477
Bank
Common shares issued
Common Stock, Shares, Issued, Beginning Balance	[2]	4,399,680,200
Common Stock, Shares, Issued, Ending Balance	[2]	4,399,680,200	4,399,680,200
Treasury shares
Common shares outstanding	[2]	4,399,680,200	4,399,680,200
Par value (in CHF per share)	[2]	SFr 1	SFr 1
[1]	Includes issued shares and unissued shares (conditional, conversion and authorized capital).
[2]	The Bank's total share capital is fully paid and consists of 4,399,680,200 registered shares as of December 31, 2021. Each share is entitled to one vote. The Bank has no warrants on its own shares outstanding.

AOCI - Significant reclassifica

AOCI - Significant reclassification adjustments (Details 3) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reclassification adjustments, included in net income
Income tax expense/(benefit)	SFr 1,026	SFr 801	SFr 1,295
Gains/(losses) on cash flow hedges
Reclassification adjustments, included in net income
Reclassification adjustments, included in net income	(41)	87	25
Cumulative translation adjustments
Reclassification adjustments, included in net income
Reclassification adjustments, included in net income	6	17	6
Unrealized gains/(losses) on securities
Reclassification adjustments, included in net income
Reclassification adjustments, included in net income	0	32	0
Accumulated other comprehensive income
Reclassification adjustments, included in net income
Reclassification adjustments, included in net income	288	440	385
Net prior service credit/ (cost)
Reclassification adjustments, included in net income
Reclassification adjustments, included in net income	(95)	(143)	(121)
Net prior service credit/ (cost) | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification adjustments, included in net income
Reclassification adjustments, included in net income, before tax	(118)	(176)	(153)
Income tax expense/(benefit)	23	33	32
Actuarial gains/(losses)
Reclassification adjustments, included in net income
Reclassification adjustments, included in net income	315	290	282
Actuarial gains/(losses) | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification adjustments, included in net income
Reclassification adjustments, included in net income, before tax	388	355	355
Income tax expense/(benefit)	(73)	(65)	(73)
Bank
Reclassification adjustments, included in net income
Income tax expense/(benefit)	938	697	1,298
Bank | Gains/(losses) on cash flow hedges
Reclassification adjustments, included in net income
Reclassification adjustments, included in net income	(41)	87	21
Bank | Cumulative translation adjustments
Reclassification adjustments, included in net income
Reclassification adjustments, included in net income	6	17	3
Bank | Unrealized gains/(losses) on securities
Reclassification adjustments, included in net income
Reclassification adjustments, included in net income	0	32	0
Bank | Accumulated other comprehensive income
Reclassification adjustments, included in net income
Reclassification adjustments, included in net income	88	305	235
Bank | Net prior service credit/ (cost)
Reclassification adjustments, included in net income
Reclassification adjustments, included in net income	1	0	1
Bank | Actuarial gains/(losses)
Reclassification adjustments, included in net income
Reclassification adjustments, included in net income	19	12	17
Bank | Actuarial gains/(losses) | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification adjustments, included in net income
Reclassification adjustments, included in net income, before tax	23	13	22
Income tax expense/(benefit)	SFr (4)	SFr (1)	SFr (5)

Offsetting of financial asset_3

Offsetting of financial assets (Details) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	SFr 106,100	SFr 135,000
Offsetting	(95,000)	(120,600)
of which counterparty netting	(83,000)	(103,200)
of which cash collateral netting	(12,000)	(17,400)
Total net derivatives subject to enforceable master netting agreements	11,100	14,400
Total derivatives not subject to enforceable master netting agreements	6,700	11,200
Total net derivatives presented in the consolidated balance sheets	17,800	25,600
Offsetting of securities purchased under resale agreements and securities borrowing transactions
Securities purchased under resale agreements, gross	74,100	55,800
Securities purchased under resale agreements, offsetting	(16,600)	(7,500)
Securities purchased under resale agreements, net	57,500	48,300
Securities borrowing transactions, gross	22,200	25,100
Securities borrowing transactions, offsetting	0	(400)
Securities borrowing transactions, net	22,200	24,700
Total subject to enforceable master netting agreements, gross	96,300	80,900
Total subject to enforceable master netting agreements, offsetting	(16,600)	(7,900)
Total subject to enforceable master netting agreements, net	79,700	73,000
Total not subject to enforceable master netting agreements	24,200	19,300
Total, gross	120,500	100,200
Total, net	103,900	92,300
of which reported at fair value	68,623	57,994
Amounts not offset in the consolidated balance sheets
Derivatives, net	11,100	14,400
Derivatives, financial instruments	4,500	5,500
Derivatives, cash collateral received/pledged	0	100
Derivatives, net exposure	6,600	8,800
Securities purchased under resale agreements, net	57,500	48,300
Securities purchased under resale agreements, financial instruments	57,500	48,300
Securities purchased under resale agreements, cash collateral received/pledged	0	0
Securities purchased under resale agreements, net exposure	0	0
Securities borrowing transactions, net	22,200	24,700
Securities borrowing transactions, financial instruments	21,900	24,300
Securities borrowing transactions, cash collateral received/pledged	0	0
Securities borrowing transactions, net exposure	300	400
Total financial assets subject to enforceable master netting agreements, net	90,800	87,400
Total financial assets subject to enforceable master netting agreements, financial instruments	83,900	78,100
Total financial assets subject to enforceable master netting agreements, cash collateral received/pledged	0	100
Total financial assets subject to enforceable master netting agreements, net exposure	6,900	9,200
Trading assets
Offsetting of derivatives
Total net derivatives presented in the consolidated balance sheets	17,600	25,500
Other assets
Offsetting of derivatives
Total net derivatives presented in the consolidated balance sheets	200	100
OTC-cleared
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	5,900	7,000
Offsetting	(5,600)	(6,200)
Total net derivatives subject to enforceable master netting agreements	300	800
Amounts not offset in the consolidated balance sheets
Derivatives, net	300	800
OTC
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	77,300	107,500
Offsetting	(68,400)	(94,400)
Total net derivatives subject to enforceable master netting agreements	8,900	13,100
Amounts not offset in the consolidated balance sheets
Derivatives, net	8,900	13,100
Exchange-traded
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	22,900	20,500
Offsetting	(21,000)	(20,000)
Total net derivatives subject to enforceable master netting agreements	1,900	500
Amounts not offset in the consolidated balance sheets
Derivatives, net	1,900	500
Interest rate derivatives
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	48,900	74,800
Interest rate derivatives | OTC-cleared
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	4,400	6,100
Interest rate derivatives | OTC
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	44,400	68,200
Interest rate derivatives | Exchange-traded
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	100	500
Foreign exchange derivatives
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	20,200	23,300
Foreign exchange derivatives | OTC-cleared
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	200	200
Foreign exchange derivatives | OTC
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	20,000	23,100
Equity/index-related derivatives
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	30,900	30,600
Equity/index-related derivatives | OTC
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	8,200	10,700
Equity/index-related derivatives | Exchange-traded
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	22,700	19,900
Credit derivatives
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	4,600	4,600
Credit derivatives | OTC-cleared
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	1,300	700
Credit derivatives | OTC
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	3,300	3,900
Other products
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	1,500	1,700
Other products | OTC
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	1,400	1,600
Other products | Exchange-traded
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	100	100
Bank
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	106,200	135,000
Offsetting	(95,100)	(120,600)
of which counterparty netting	(83,000)	(103,200)
of which cash collateral netting	(12,100)	(17,400)
Total net derivatives subject to enforceable master netting agreements	11,100	14,400
Total derivatives not subject to enforceable master netting agreements	6,700	11,200
Total net derivatives presented in the consolidated balance sheets	17,800	25,600
Offsetting of securities purchased under resale agreements and securities borrowing transactions
Securities purchased under resale agreements, gross	74,100	55,800
Securities purchased under resale agreements, offsetting	(16,600)	(7,500)
Securities purchased under resale agreements, net	57,500	48,300
Securities borrowing transactions, gross	22,200	25,100
Securities borrowing transactions, offsetting	0	(400)
Securities borrowing transactions, net	22,200	24,700
Total subject to enforceable master netting agreements, gross	96,300	80,900
Total subject to enforceable master netting agreements, offsetting	(16,600)	(7,900)
Total subject to enforceable master netting agreements, net	79,700	73,000
Total not subject to enforceable master netting agreements	24,200	19,300
Total, gross	120,500	100,200
Total, net	103,900	92,300
of which reported at fair value	68,623	57,994
Amounts not offset in the consolidated balance sheets
Derivatives, net	11,100	14,400
Derivatives, financial instruments	4,500	5,500
Derivatives, cash collateral received/pledged	0	100
Derivatives, net exposure	6,600	8,800
Securities purchased under resale agreements, net	57,500	48,300
Securities purchased under resale agreements, financial instruments	57,500	48,300
Securities purchased under resale agreements, cash collateral received/pledged	0	0
Securities purchased under resale agreements, net exposure	0	0
Securities borrowing transactions, net	22,200	24,700
Securities borrowing transactions, financial instruments	21,900	24,300
Securities borrowing transactions, cash collateral received/pledged	0	0
Securities borrowing transactions, net exposure	300	400
Total financial assets subject to enforceable master netting agreements, net	90,800	87,400
Total financial assets subject to enforceable master netting agreements, financial instruments	83,900	78,100
Total financial assets subject to enforceable master netting agreements, cash collateral received/pledged	0	100
Total financial assets subject to enforceable master netting agreements, net exposure	6,900	9,200
Bank | Trading assets
Offsetting of derivatives
Total net derivatives presented in the consolidated balance sheets	17,600	25,500
Bank | Other assets
Offsetting of derivatives
Total net derivatives presented in the consolidated balance sheets	200	100
Bank | OTC-cleared
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	5,900	7,000
Offsetting	(5,600)	(6,200)
Total net derivatives subject to enforceable master netting agreements	300	800
Amounts not offset in the consolidated balance sheets
Derivatives, net	300	800
Bank | OTC
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	77,400	107,500
Offsetting	(68,500)	(94,400)
Total net derivatives subject to enforceable master netting agreements	8,900	13,100
Amounts not offset in the consolidated balance sheets
Derivatives, net	8,900	13,100
Bank | Exchange-traded
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	22,900	20,500
Offsetting	(21,000)	(20,000)
Total net derivatives subject to enforceable master netting agreements	1,900	500
Amounts not offset in the consolidated balance sheets
Derivatives, net	1,900	500
Bank | Interest rate derivatives
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	49,000	74,800
Bank | Interest rate derivatives | OTC-cleared
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	4,400	6,100
Bank | Interest rate derivatives | OTC
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	44,500	68,200
Bank | Interest rate derivatives | Exchange-traded
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	100	500
Bank | Foreign exchange derivatives
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	20,200	23,300
Bank | Foreign exchange derivatives | OTC-cleared
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	200	200
Bank | Foreign exchange derivatives | OTC
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	20,000	23,100
Bank | Equity/index-related derivatives
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	30,900	30,600
Bank | Equity/index-related derivatives | OTC
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	8,200	10,700
Bank | Equity/index-related derivatives | Exchange-traded
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	22,700	19,900
Bank | Credit derivatives
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	4,600	4,600
Bank | Credit derivatives | OTC-cleared
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	1,300	700
Bank | Credit derivatives | OTC
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	3,300	3,900
Bank | Other products
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	1,500	1,700
Bank | Other products | OTC
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	1,400	1,600
Bank | Other products | Exchange-traded
Offsetting of derivatives
Derivative assets, gross, subject to enforceable master netting agreements	SFr 100	SFr 100

Offsetting of financial liabili

Offsetting of financial liabilities (Details 2) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	SFr 107,200	SFr 140,700
Offsetting	(100,900)	(130,000)
of which counterparty netting	(83,000)	(103,200)
of which cash collateral netting	(17,900)	(26,800)
Total net derivatives subject to enforceable master netting agreements	6,300	10,700
Total derivatives not subject to enforceable master netting agreements	4,300	6,800
Total net derivatives presented in the consolidated balance sheets	10,600	17,500
Offsetting of securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral
Securities sold under repurchase agreements, gross	32,200	26,000
Securities sold under repurchase agreements, offsetting	(16,600)	(7,900)
Securities sold under repurchase agreements, net	15,600	18,100
Securities lending transactions, gross	15,400	16,600
Securities lending transactions, offsetting	0	0
Securities lending transactions, net	15,400	16,600
Obligation to return securities received as collateral, at fair value, gross	14,700	49,900
Obligation to return securities received as collateral, at fair value, offsetting	0	0
Obligation to return securities received as collateral, at fair value, net	14,700	49,900
Total subject to enforceable master netting agreements, gross	62,300	92,500
Total subject to enforceable master netting agreements, offsetting	(16,600)	(7,900)
Total subject to enforceable master netting agreements, net	45,700	84,600
Total not subject to enforceable master netting agreements	4,600	3,100
Total, gross	66,900	95,600
Total, net	50,300	87,700
of which reported at fair value	13,213	13,594
Amounts not offset in the consolidated balance sheets
Derivatives, net	6,300	10,700
Derivatives, financial instruments	1,300	2,200
Derivatives, cash collateral received/pledged	0	0
Derivatives, net exposure	5,000	8,500
Securities sold under repurchase agreements, net	15,600	18,100
Securities sold under repurchase agreements, financial instruments	15,500	18,100
Securities sold under repurchase agreements, cash collateral received/pledged	100	0
Securities sold under repurchase agreements, net exposure	0	0
Securities lending transactions, net	15,400	16,600
Securities lending transactions, financial instruments	15,300	16,300
Securities lending transactions, cash collateral received/pledged	0	0
Securities lending transactions, net exposure	100	300
Obligation to return securities received as collateral, at fair value, net	14,700	49,900
Obligation to return securities received as collateral, financial instruments	13,000	43,400
Obligation to return securities received as collateral, cash collateral received/pledged	0	0
Obligation to return securities received as collateral, at fair value, net exposure	1,700	6,500
Total financial liabilities subject to enforceable master netting agreements, net	52,000	95,300
Total financial liabilities subject to enforceable master netting agreements, financial instruments	45,100	80,000
Total financial liabilities subject to enforceable master netting agreements, cash collateral received/pledged	100	0
Total financial liabilities subject to enforceable master netting agreements, net exposure	6,800	15,300
Trading liabilities
Offsetting of derivatives
Total net derivatives presented in the consolidated balance sheets	10,600	17,500
Other liabilities
Offsetting of derivatives
Total net derivatives presented in the consolidated balance sheets	0	0
Securities sold under repurchase agreements and securities
Offsetting of securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral
Total subject to enforceable master netting agreements, offsetting	(16,600)	(7,900)
Total, gross	51,900	44,800
Total, net	35,300	36,900
Obligation to return securities received as collateral
Offsetting of securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral
Total subject to enforceable master netting agreements, offsetting	0	0
Total, gross	15,000	50,800
Total, net	15,000	50,800
OTC-cleared
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	5,600	5,500
Offsetting	(5,300)	(5,400)
Total net derivatives subject to enforceable master netting agreements	300	100
Amounts not offset in the consolidated balance sheets
Derivatives, net	300	100
OTC
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	80,100	114,100
Offsetting	(74,600)	(104,300)
Total net derivatives subject to enforceable master netting agreements	5,500	9,800
Amounts not offset in the consolidated balance sheets
Derivatives, net	5,500	9,800
Exchange-traded
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	21,500	21,100
Offsetting	(21,000)	(20,300)
Total net derivatives subject to enforceable master netting agreements	500	800
Amounts not offset in the consolidated balance sheets
Derivatives, net	500	800
Interest rate derivatives
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	44,300	70,900
Interest rate derivatives | OTC-cleared
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	4,000	4,600
Interest rate derivatives | OTC
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	40,300	65,700
Interest rate derivatives | Exchange-traded
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	0	600
Foreign exchange derivatives
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	22,200	27,900
Foreign exchange derivatives | OTC-cleared
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	200	200
Foreign exchange derivatives | OTC
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	22,000	27,700
Equity/index-related derivatives
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	34,400	35,500
Equity/index-related derivatives | OTC
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	13,000	15,100
Equity/index-related derivatives | Exchange-traded
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	21,400	20,400
Credit derivatives
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	5,700	5,600
Credit derivatives | OTC-cleared
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	1,400	700
Credit derivatives | OTC
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	4,300	4,900
Other products
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	600	800
Other products | OTC
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	500	700
Other products | Exchange-traded
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	100	100
Bank
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	107,200	140,800
Offsetting	(100,900)	(130,100)
of which counterparty netting	(83,000)	(103,200)
of which cash collateral netting	(17,900)	(26,900)
Total net derivatives subject to enforceable master netting agreements	6,300	10,700
Total derivatives not subject to enforceable master netting agreements	4,300	6,800
Total net derivatives presented in the consolidated balance sheets	10,600	17,500
Offsetting of securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral
Securities sold under repurchase agreements, gross	32,300	26,100
Securities sold under repurchase agreements, offsetting	(16,600)	(7,900)
Securities sold under repurchase agreements, net	15,700	18,200
Securities lending transactions, gross	15,400	16,600
Securities lending transactions, offsetting	0	0
Securities lending transactions, net	15,400	16,600
Obligation to return securities received as collateral, at fair value, gross	14,700	49,900
Obligation to return securities received as collateral, at fair value, offsetting	0	0
Obligation to return securities received as collateral, at fair value, net	14,700	49,900
Total subject to enforceable master netting agreements, gross	62,400	92,600
Total subject to enforceable master netting agreements, offsetting	(16,600)	(7,900)
Total subject to enforceable master netting agreements, net	45,800	84,700
Total not subject to enforceable master netting agreements	4,600	3,100
Total, gross	67,000	95,700
Total, net	50,400	87,800
of which reported at fair value	13,307	13,688
Amounts not offset in the consolidated balance sheets
Derivatives, net	6,300	10,700
Derivatives, financial instruments	1,300	2,200
Derivatives, cash collateral received/pledged	0	0
Derivatives, net exposure	5,000	8,500
Securities sold under repurchase agreements, net	15,700	18,200
Securities sold under repurchase agreements, financial instruments	15,600	18,200
Securities sold under repurchase agreements, cash collateral received/pledged	100	0
Securities sold under repurchase agreements, net exposure	0	0
Securities lending transactions, net	15,400	16,600
Securities lending transactions, financial instruments	15,300	16,300
Securities lending transactions, cash collateral received/pledged	0	0
Securities lending transactions, net exposure	100	300
Obligation to return securities received as collateral, at fair value, net	14,700	49,900
Obligation to return securities received as collateral, financial instruments	13,000	43,400
Obligation to return securities received as collateral, cash collateral received/pledged	0	0
Obligation to return securities received as collateral, at fair value, net exposure	1,700	6,500
Total financial liabilities subject to enforceable master netting agreements, net	52,100	95,400
Total financial liabilities subject to enforceable master netting agreements, financial instruments	45,200	80,100
Total financial liabilities subject to enforceable master netting agreements, cash collateral received/pledged	100	0
Total financial liabilities subject to enforceable master netting agreements, net exposure	6,800	15,300
Bank | Trading liabilities
Offsetting of derivatives
Total net derivatives presented in the consolidated balance sheets	10,600	17,500
Bank | Other liabilities
Offsetting of derivatives
Total net derivatives presented in the consolidated balance sheets	0	0
Bank | Securities sold under repurchase agreements and securities
Offsetting of securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral
Total subject to enforceable master netting agreements, offsetting	(16,600)	(7,900)
Total, gross	52,000	44,900
Total, net	35,400	37,000
Bank | Obligation to return securities received as collateral
Offsetting of securities sold under repurchase agreements, securities lending transactions and obligation to return securities received as collateral
Total subject to enforceable master netting agreements, offsetting	0	0
Total, gross	15,000	50,800
Total, net	15,000	50,800
Bank | OTC-cleared
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	5,600	5,500
Offsetting	(5,300)	(5,400)
Total net derivatives subject to enforceable master netting agreements	300	100
Amounts not offset in the consolidated balance sheets
Derivatives, net	300	100
Bank | OTC
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	80,100	114,200
Offsetting	(74,600)	(104,400)
Total net derivatives subject to enforceable master netting agreements	5,500	9,800
Amounts not offset in the consolidated balance sheets
Derivatives, net	5,500	9,800
Bank | Exchange-traded
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	21,500	21,100
Offsetting	(21,000)	(20,300)
Total net derivatives subject to enforceable master netting agreements	500	800
Amounts not offset in the consolidated balance sheets
Derivatives, net	500	800
Bank | Interest rate derivatives
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	44,300	70,900
Bank | Interest rate derivatives | OTC-cleared
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	4,000	4,600
Bank | Interest rate derivatives | OTC
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	40,300	65,700
Bank | Interest rate derivatives | Exchange-traded
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	0	600
Bank | Foreign exchange derivatives
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	22,200	27,900
Bank | Foreign exchange derivatives | OTC-cleared
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	200	200
Bank | Foreign exchange derivatives | OTC
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	22,000	27,700
Bank | Equity/index-related derivatives
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	34,400	35,500
Bank | Equity/index-related derivatives | OTC
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	13,000	15,100
Bank | Equity/index-related derivatives | Exchange-traded
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	21,400	20,400
Bank | Credit derivatives
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	5,700	5,600
Bank | Credit derivatives | OTC-cleared
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	1,400	700
Bank | Credit derivatives | OTC
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	4,300	4,900
Bank | Other products
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	600	900
Bank | Other products | OTC
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	500	800
Bank | Other products | Exchange-traded
Offsetting of derivatives
Derivative liabilities, gross, subject to enforceable master netting agreements	SFr 100	SFr 100

Tax - Income statement related_

Tax - Income statement related/reconciliation of tax rate (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income from continuing operations before taxes (CHF)
Switzerland	SFr 257	SFr 1,770	SFr 2,985
Foreign	(857)	1,697	1,735
Income/(loss) before taxes	(600)	3,467	4,720
Current and deferred taxes
Switzerland	316	163	175
Foreign	485	204	531
Current income tax expense	801	367	706
Switzerland	222	450	171
Foreign	3	(16)	418
Deferred income tax expense	225	434	589
Income tax expense	1,026	801	1,295
Income tax expense/(benefit) reported in shareholder's equity related to:
Gains/(losses) on cash flow hedges	(63)	25	13
Cumulative translation adjustment	4	0	(4)
Unrealized gains/(losses) on securities	0	(6)	7
Actuarial gains/(losses), Tax	228	(18)	99
Net prior service credit/(cost)	(23)	(33)	58
Share-based compensation and treasury shares	(4)	(4)	(5)
Reconciliation of taxes computed at the Swiss statutory rate
Income tax expense computed at the statutory tax rate	(111)	693	1,038
Increase/(decrease) in income taxes resulting from:
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Amount	370	(62)	(101)
of which total foreign tax expense	488	188	949
Changes in tax law and rates	(33)	(6)	(28)
Non-deductible amortization of other intangible assets and goodwill impairment	(300)	0	1
Other non-deductible expenses	386	254	371
of which non-deductible interest expenses	200	117	274
of which resolution of interest cost deductibility with and between international tax authorities		157
of which non-deductible bank levy costs and other non-deductible compensation expenses	39	68	56
of which non-deductible expenses or non-deductible provision accruals	93	46
of which non-deductible other expenses	43	23	34
of which contingency accrual relating to non-deductible interest expense	(11)	(41)	28
Additional taxable income	15	8	7
Lower taxed income	(146)	(234)	(325)
of which tax benefit in respect to non-taxable dividend income	41		45
of which tax benefit related non-taxable life insurance income	77	67	73
of which business transfer		(19)	(160)
of which exempt income	15		14
of which concessionary and lower taxed income	15	67	26
of which revaluations of equity investments		79
(Income)/loss taxable to non-controlling interests	11	18	8
Changes in deferred tax valuation allowance	621	322	116
Change in recognition of outside basis difference	2	(9)	4
(Windfall tax benefits)/shortfall tax charges on share-based compensation	37	76	39
Other	174	(259)	165
of which benefit relating to return to accrual adjustments following the close of a tax audit cycle and the impact of the closure of an advanced pricing agreement			(53)
of which tax (benefit)/charge from the impact of prior year adjustments	(24)	(82)	(20)
of which tax benefit from the reduction in own-credit revaluation gains/(losses)	14	14	(58)
of which tax impact of transitional adjustments arising from adoption of new accounting standards	51	78	123
of which tax impact of the US Base Erosion and Anti-abuse Tax (BEAT), for 2021		26
of which tax impact of the US Base Erosion and Anti-abuse Tax (BEAT), for 2020	29	(180)	165
of which change in tax rules		(141)
of which withholding taxes	100	61
Income tax expense	1,026	801	1,295
Switzerland
Income from continuing operations before taxes (CHF)
Income/(loss) before taxes	SFr 257	SFr 1,770	SFr 2,985
Reconciliation of taxes computed at the Swiss statutory rate
Swiss statutory rate (as a percent)	18.50%	20.00%	22.00%
Increase/(decrease) in income taxes resulting from:
of which re-assessment of deferred tax assets in Switzerland reflecting changes in forecasted future profitability		SFr 252
of which benefit earnings mix from group of Swiss entities		(34)
UK
Increase/(decrease) in income taxes resulting from:
Changes in deferred tax valuation allowance	SFr 781		SFr (157)
Decrease in deferred tax valuation allowance	1,000
Japan, US, UK [Member]
Increase/(decrease) in income taxes resulting from:
Changes in deferred tax valuation allowance			273
UK and Switzerland
Increase/(decrease) in income taxes resulting from:
Changes in deferred tax valuation allowance		353
UK and Hong Kong
Increase/(decrease) in income taxes resulting from:
Changes in deferred tax valuation allowance		(31)
Switzerland, Hong Kong
Increase/(decrease) in income taxes resulting from:
Changes in deferred tax valuation allowance	(160)
Asia Pacific
Income from continuing operations before taxes (CHF)
Income/(loss) before taxes	291	244	112
Bank
Income from continuing operations before taxes (CHF)
Switzerland	1,659	2,477	3,259
Foreign	(1,750)	734	1,134
Income/(loss) before taxes	(91)	3,211	4,393
Current and deferred taxes
Switzerland	302	151	164
Foreign	472	188	518
Current income tax expense	774	339	682
Switzerland	156	367	194
Foreign	8	(9)	422
Deferred income tax expense	164	358	616
Income tax expense	938	697	1,298
Income tax expense/(benefit) reported in shareholder's equity related to:
Gains/(losses) on cash flow hedges	(62)	25	13
Cumulative translation adjustment	4	0	(4)
Unrealized gains/(losses) on securities	(4)	(6)	7
Actuarial gains/(losses), Tax	0	(19)	4
Net prior service credit/(cost)	0	1	0
Reconciliation of taxes computed at the Swiss statutory rate
Income tax expense computed at the statutory tax rate	(17)	642	966
Increase/(decrease) in income taxes resulting from:
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Amount	92	(64)	(109)
of which total foreign tax expense	480	179	940
Changes in tax law and rates	(29)	(5)	9
Non-deductible amortization of other intangible assets and goodwill impairment	(181)	0	1
Other non-deductible expenses	369	253	368
of which non-deductible interest expenses	200	117	274
of which resolution of interest cost deductibility with and between international tax authorities		157
of which non-deductible bank levy costs and other non-deductible compensation expenses	39	68	56
of which non-deductible expenses or non-deductible provision accruals	93	46
of which non-deductible other expenses	28	23	34
of which contingency accrual relating to non-deductible interest expense	(11)	(41)	28
Additional taxable income	15	8	7
Lower taxed income	(129)	(221)	(314)
of which tax benefit in respect to non-taxable dividend income	41		45
of which tax benefit related non-taxable life insurance income	77	67	73
of which business transfer		(19)	(160)
of which exempt income	5		14
of which concessionary and lower taxed income	5	53	20
of which revaluations of equity investments		79
(Income)/loss taxable to non-controlling interests	12	18	8
Changes in deferred tax valuation allowance	612	281	114
Change in recognition of outside basis difference	3	(13)	4
(Windfall tax benefits)/shortfall tax charges on share-based compensation	37	75	39
Other	154	(277)	205
of which benefit relating to return to accrual adjustments following the close of a tax audit cycle and the impact of the closure of an advanced pricing agreement			(53)
of which tax (benefit)/charge from the impact of prior year adjustments	(30)	(80)	(20)
of which tax impact of transitional adjustments arising from adoption of new accounting standards		78	123
of which tax impact of the US Base Erosion and Anti-abuse Tax (BEAT), for 2021		26
of which tax impact of the US Base Erosion and Anti-abuse Tax (BEAT), for 2020	29	(180)	165
of which change in tax rules		(141)
of which withholding taxes	100	61
Income tax expense	938	697	1,298
Bank | Switzerland
Income from continuing operations before taxes (CHF)
Income/(loss) before taxes	SFr 1,659	SFr 2,477	SFr 3,259
Reconciliation of taxes computed at the Swiss statutory rate
Swiss statutory rate (as a percent)	18.50%	20.00%	22.00%
Increase/(decrease) in income taxes resulting from:
of which re-assessment of deferred tax assets in Switzerland reflecting changes in forecasted future profitability		SFr 222
Increase in deferred tax valuation allowance	SFr 900
of which benefit earnings mix from group of Swiss entities	51	(34)
Bank | UK
Increase/(decrease) in income taxes resulting from:
Changes in deferred tax valuation allowance	771		SFr (158)
Bank | Japan, US, UK [Member]
Increase/(decrease) in income taxes resulting from:
Changes in deferred tax valuation allowance			272
Bank | UK and Switzerland
Increase/(decrease) in income taxes resulting from:
Changes in deferred tax valuation allowance		312
Bank | UK and Hong Kong
Increase/(decrease) in income taxes resulting from:
Changes in deferred tax valuation allowance		(31)
Bank | Switzerland, Hong Kong
Increase/(decrease) in income taxes resulting from:
Changes in deferred tax valuation allowance	(159)
Bank | Asia Pacific
Income from continuing operations before taxes (CHF)
Income/(loss) before taxes	SFr 230	SFr 162	SFr 360

Tax - Balance sheet related (De

Tax - Balance sheet related (Details 2) SFr in Millions	12 Months Ended
	Dec. 31, 2021CHF (SFr)	Dec. 31, 2020CHF (SFr)	Dec. 31, 2019CHF (SFr)
Tax effect of temporary differences
Compensation and benefits	SFr 844	SFr 931
Loans	485	653
Investment securities	1,257	1,347
Provisions	1,358	999
Leasing	367	384
Derivatives	58	53
Real estate	258	175
Net operating loss carry-forwards	7,120	5,425
Net operating loss carry-forwards, after allocation of valuation allowances	881	1,070
Goodwill and intangible assets	135	209
Other	171	119
Gross deferred tax assets before valuation allowance	12,053	10,295
Less valuation allowance	(6,072)	(4,465)	SFr (4,136)
Gross deferred tax assets net of valuation allowance	5,981	5,830
Compensation and benefits	(973)	(666)
Loans	(305)	(352)
Investment securities	(722)	(523)
Provisions	(298)	(333)
Derivatives	(218)	(231)
Leasing	(358)	(365)
Real estate	(46)	(36)
Other	(108)	(187)
Gross deferred tax liabilities	(3,028)	(2,693)
Net deferred tax assets	2,953	3,137
Net deferred tax assets change	(184)
Net operating loss carry-forwards
Due to expire within 1 year	70
Due to expire within 2 to 5 years	4,782
Due to expire within 6 to 10 years	9,092
Due to expire within 11 to 20 years	6,154
Amount due to expire	20,098
Amount not due to expire	19,038
Total net operating loss carry-forwards	39,136
Movements in the valuation allowance
Balance at beginning of period	4,465	4,136	4,021
Net changes	1,607	329	115
Balance at end of period	6,072	4,465	4,136
Tax benefits associated with share-based compensation
Tax benefits recorded in the consolidated statements of operations	234	264	263
Movements in gross unrecognized tax benefits
Balance at beginning of period	382	595	574
Increases in unrecognized tax benefits as a result of tax positions taken during a prior period	23	14	27
Decreases in unrecognized tax benefits as a result of tax positions taken during a prior period	(35)	(249)	(64)
Increases in unrecognized tax benefits as a result of tax positions taken during the current period	54	90	105
Decreases in unrecognized tax benefits relating to settlements with tax authorities	0	(3)	0
Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations	(6)	(17)	(35)
Other (including foreign currency translation)	7	(48)	(12)
Balance at end of period	425	382	595
of which, if recognized, would affect the effective tax rate	425	382	595
Interest and penalties
Interest and penalties recognized in the consolidated statements of operations, Recoveries	3	(16)	(10)
Interest and penalties recognized in the consolidated balance sheets	64	61	77
US
Tax effect of temporary differences
Less valuation allowance	0
Net deferred tax assets	3,089	3,040
Movements in the valuation allowance
Balance at end of period	SFr 0
Net operating loss carryforward period as per US tax law (in years)	20
Bank
Tax effect of temporary differences
Compensation and benefits	SFr 832	916
Loans	319	342
Investment securities	1,257	1,347
Provisions	1,357	999
Leasing	228	254
Derivatives	46	51
Real estate	250	168
Net operating loss carry-forwards	6,382	5,278
Net operating loss carry-forwards, after allocation of valuation allowances	877	1,064
Goodwill and intangible assets	135	209
Other	151	107
Gross deferred tax assets before valuation allowance	10,957	9,671
Less valuation allowance	(5,338)	(4,323)	(4,067)
Gross deferred tax assets net of valuation allowance	5,619	5,348
Compensation and benefits	(355)	(304)
Loans	(131)	(60)
Investment securities	(722)	(523)
Provisions	(297)	(332)
Derivatives	(218)	(211)
Leasing	(216)	(233)
Real estate	(38)	(36)
Other	(98)	(176)
Gross deferred tax liabilities	(2,075)	(1,875)
Net deferred tax assets	3,544	3,473
Net deferred tax assets change	71
Net operating loss carry-forwards
Due to expire within 1 year	70
Due to expire within 2 to 5 years	4,085
Due to expire within 6 to 10 years	5,150
Due to expire within 11 to 20 years	6,154
Amount due to expire	15,459
Amount not due to expire	19,025
Total net operating loss carry-forwards	34,484
Movements in the valuation allowance
Balance at beginning of period	4,323	4,067	3,957
Net changes	1,015	256	110
Balance at end of period	5,338	4,323	4,067
Tax benefits associated with share-based compensation
Tax benefits recorded in the consolidated statements of operations	227	252	256
Movements in gross unrecognized tax benefits
Balance at beginning of period	382	595	574
Increases in unrecognized tax benefits as a result of tax positions taken during a prior period	23	14	27
Decreases in unrecognized tax benefits as a result of tax positions taken during a prior period	(35)	(249)	(64)
Increases in unrecognized tax benefits as a result of tax positions taken during the current period	54	90	105
Decreases in unrecognized tax benefits relating to settlements with tax authorities	0	(3)	0
Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations	(6)	(17)	(35)
Other (including foreign currency translation)	7	(48)	(12)
Balance at end of period	425	382	595
of which, if recognized, would affect the effective tax rate	425	382	595
Interest and penalties
Interest and penalties recognized in the consolidated statements of operations, Recoveries	3	(16)	(10)
Interest and penalties recognized in the consolidated balance sheets	64	61	SFr 77
Bank | US
Tax effect of temporary differences
Less valuation allowance	0	0
Net deferred tax assets	3,089	3,040
Movements in the valuation allowance
Balance at beginning of period	0
Balance at end of period	SFr 0	SFr 0

Tax - Net deferred tax assets_l

Tax - Net deferred tax assets/liabilities by type (Details 3) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Net deferred tax assets
Deferred tax assets	SFr 3,707	SFr 3,667
Net operating loss carry-forwards	7,120	5,425
Net operating loss carry-forwards, after allocation of valuation allowances	881	1,070
Temporary differences	2,826	2,597
Deferred tax liabilities	754	530
Deferred Tax Assets (Liabilities), Net	2,953	3,137
Net deferred tax assets change	(184)
Accumulated undistributed earnings from foreign subsidiaries	20,000
Deferred Tax Liabilities, Related to Accumulated Undistributed Earnings	0
Minimum
Net deferred tax assets
Decrease in Unrecognized Tax Benefits is Reasonably Possible	0
Maximum
Net deferred tax assets
Decrease in Unrecognized Tax Benefits is Reasonably Possible	190
Bank
Net deferred tax assets
Deferred tax assets	3,666	3,630
Net operating loss carry-forwards	6,382	5,278
Net operating loss carry-forwards, after allocation of valuation allowances	877	1,064
Temporary differences	2,789	2,566
Deferred tax liabilities	122	157
Deferred Tax Assets (Liabilities), Net	3,544	SFr 3,473
Net deferred tax assets change	71
Accumulated undistributed earnings from foreign subsidiaries	19,500
Deferred Tax Liabilities, Related to Accumulated Undistributed Earnings	0
Bank | Minimum
Net deferred tax assets
Decrease in Unrecognized Tax Benefits is Reasonably Possible	0
Bank | Maximum
Net deferred tax assets
Decrease in Unrecognized Tax Benefits is Reasonably Possible	SFr 190

Deferred compensation expense (

Deferred compensation expense (Details) shares in Millions	12 Months Ended
	Dec. 31, 2021CHF (SFr)shares	Dec. 31, 2021USD ($)shares	Dec. 31, 2020CHF (SFr)shares	Dec. 31, 2019CHF (SFr)shares
Deferred compensation expense
Total compensation expense relating to deferred compensation	SFr 1,447,000,000		SFr 1,717,000,000	SFr 1,777,000,000
Total shares delivered
Minimum total compensation of certain employees to whom share awards are granted	250,000	$ 250,000
Deferred cash awards
Deferred compensation expense
Total compensation expense relating to deferred compensation	350,000,000		398,000,000	420,000,000
Retention Awards
Deferred compensation expense
Total compensation expense relating to deferred compensation	123,000,000		43,000,000	22,000,000
Compensation expense relating to deferred compensation, of which granted in current year	103,000,000
Contingent Capital Awards (CCA)
Deferred compensation expense
Total compensation expense relating to deferred compensation	202,000,000		255,000,000	308,000,000
Performance shares | Performance share awards
Deferred compensation expense
Total compensation expense relating to deferred compensation	SFr 290,000,000		SFr 448,000,000	SFr 438,000,000
Stock compensation plan
Total shares delivered
Total shares delivered (in shares) | shares	58.5	58.5	50.7	41.8
Stock compensation plan | Share awards
Deferred compensation expense
Total compensation expense relating to deferred compensation	SFr 482,000,000		SFr 573,000,000	SFr 589,000,000
Bank
Deferred compensation expense
Total compensation expense relating to deferred compensation	1,434,000,000		1,648,000,000	1,694,000,000
Bank | Deferred cash awards
Deferred compensation expense
Total compensation expense relating to deferred compensation	370,000,000		378,000,000	378,000,000
Bank | Retention Awards
Deferred compensation expense
Total compensation expense relating to deferred compensation	123,000,000		43,000,000	22,000,000
Compensation expense relating to deferred compensation, of which granted in current year	103,000,000
Bank | Contingent Capital Awards (CCA)
Deferred compensation expense
Total compensation expense relating to deferred compensation	194,000,000		245,000,000	298,000,000
Bank | Performance shares | Performance share awards
Deferred compensation expense
Total compensation expense relating to deferred compensation	SFr 281,000,000		SFr 427,000,000	SFr 423,000,000
Bank | Stock compensation plan
Total shares delivered
Total shares delivered (in shares) | shares	55.7	55.7	48.3	40.1
Bank | Stock compensation plan | Share awards
Deferred compensation expense
Total compensation expense relating to deferred compensation	SFr 466,000,000		SFr 555,000,000	SFr 573,000,000

Estimated unrecognized deferred

Estimated unrecognized deferred compensation (Details 2) SFr in Millions	12 Months Ended
	Dec. 31, 2021CHF (SFr)
Estimated unrecognized compensation expense
Total estimated unrecognized compensation expense	SFr 1,136
Aggregate remaining weighted-average requisite service period (years)
Aggregate remaining requisite service period (in years)	1 year 4 months 24 days
Deferred cash awards
Estimated unrecognized compensation expense
Total estimated unrecognized compensation expense	SFr 223
Retention Awards
Estimated unrecognized compensation expense
Total estimated unrecognized compensation expense	284
Contingent Capital Awards (CCA)
Estimated unrecognized compensation expense
Total estimated unrecognized compensation expense	134
Performance shares | Performance share awards
Estimated unrecognized compensation expense
Total estimated unrecognized compensation expense	146
Stock compensation plan | Share awards
Estimated unrecognized compensation expense
Total estimated unrecognized compensation expense	349
Bank
Estimated unrecognized compensation expense
Total estimated unrecognized compensation expense	SFr 1,111
Aggregate remaining weighted-average requisite service period (years)
Aggregate remaining requisite service period (in years)	1 year 4 months 24 days
Bank | Deferred cash awards
Estimated unrecognized compensation expense
Total estimated unrecognized compensation expense	SFr 221
Bank | Retention Awards
Estimated unrecognized compensation expense
Total estimated unrecognized compensation expense	284
Bank | Contingent Capital Awards (CCA)
Estimated unrecognized compensation expense
Total estimated unrecognized compensation expense	129
Bank | Performance shares | Performance share awards
Estimated unrecognized compensation expense
Total estimated unrecognized compensation expense	139
Bank | Stock compensation plan | Share awards
Estimated unrecognized compensation expense
Total estimated unrecognized compensation expense	SFr 338

Share-based awards (Details 3)

Share-based awards (Details 3) - CHF (SFr) SFr / shares in Units, shares in Millions, SFr in Millions	1 Months Ended	12 Months Ended
	Feb. 11, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total estimated unrecognized compensation expense		SFr 1,136
Performance shares | Performance share awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total estimated unrecognized compensation expense		SFr 146
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Beginning Balance	SFr 11.66	SFr 11.66	SFr 13.38	SFr 16.33
Weighted-average grant-date fair value - Granted (in CHF per share)		12.70	10.63	11.60
Weighted-average grant-date fair value - Settled (in CHF per share)		12.50	14.13	16.51
Weighted-average grant-date fair value - Forfeited (in CHF per share)		11.78	11.62	13.67
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Ending Balance		SFr 11.66	SFr 11.66	SFr 13.38
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Beginning Balance	77.2	91.7	72.4	51.7
Granted (in shares)		28.5	50.9	45.4
Settled (in shares)		(34.5)	(29)	(22.8)
Forfeited (in shares)		(8.5)	(2.6)	(1.9)
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Ending Balance		77.2	91.7	72.4
of which vested (in shares)		11.2	10.4	6.7
of which unvested (in shares)		66	81.3	65.7
Performance shares | Performance share awards | Grant Date, February 11, 2022 | Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant	SFr 161
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Weighted-average grant-date fair value - Granted (in CHF per share)	SFr 8.61
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)	19.4
Performance shares | Performance share awards | Grant Date, February 11, 2022 | Subsequent Event [Member] | Forecast/Estimate
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total estimated unrecognized compensation expense	SFr 156
Performance shares | Performance share awards | Grant Date, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant		SFr 493
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Weighted-average grant-date fair value - Granted (in CHF per share)		SFr 12.59
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)		37.8
Performance shares | Performance share awards | Grant Date, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant			SFr 553
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Weighted-average grant-date fair value - Granted (in CHF per share)			SFr 10.81
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)			50.7
Stock compensation plan | Share awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award		Share awards granted in February 2022 are similar to those granted in February 2021. Each share award granted entitles the holder of the award to receive one Group share, subject to service conditions. Share awards vest over three years with one third of the share awards vesting on each of the three anniversaries of the grant date (ratable vesting), with the exception of awards granted to individuals classified as material risk takers (MRTs), risk manager MRTs or senior managers or equivalents under the EU or UK Capital Requirements Directive V related provisions. As of February 2022, share awards granted to MRTs vest over four years with one quarter of the award vesting on each of the four anniversaries of the grant date. Share awards granted to risk manager MRTs vest over five years with one fifth of the award vesting on each of the five anniversaries of the grant date. Share awards granted to senior managers vest over seven years, with one fifth of the award vesting on each of the third to seventh anniversaries of the grant date. Share awards are expensed over the service period of the awards. The value of the share awards is solely dependent on the Group share price at the time of delivery.
Vesting period		3 years
Total estimated unrecognized compensation expense		SFr 349
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Beginning Balance	SFr 11.27	SFr 11.86	SFr 13.46	SFr 16.15
Weighted-average grant-date fair value - Granted (in CHF per share)		11.17	10.61	11.68
Weighted-average grant-date fair value - Settled (in CHF per share)		12.44	13.76	16.15
Weighted-average grant-date fair value - Forfeited (in CHF per share)		11.52	11.72	13.83
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Ending Balance		SFr 11.27	SFr 11.86	SFr 13.46
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Beginning Balance	143.8	126.3	110.5	83.2
Granted (in shares)		86.4	69.1	69.3
Settled (in shares)		(53.3)	(47.9)	(36.9)
Forfeited (in shares)		(15.6)	(5.4)	(5.1)
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Ending Balance		143.8	126.3	110.5
of which vested (in shares)		13.1	13.5	11.9
of which unvested (in shares)		130.7	112.8	98.6
Stock compensation plan | Share awards | Grant Date, February 11, 2022 | Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant	SFr 216
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Weighted-average grant-date fair value - Granted (in CHF per share)	SFr 8.61
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)	27.7
Stock compensation plan | Share awards | Grant Date, February 11, 2022 | Subsequent Event [Member] | Forecast/Estimate
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total estimated unrecognized compensation expense	SFr 224
Stock compensation plan | Share awards | Grant Date, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant		SFr 592
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Weighted-average grant-date fair value - Granted (in CHF per share)		SFr 12.59
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)		44.6
Stock compensation plan | Share awards | Grant Date, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant			SFr 626
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Weighted-average grant-date fair value - Granted (in CHF per share)			SFr 10.81
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)			57.9
Stock compensation plan | Share awards | UK PRA staff or similuar regulations, Senior managemement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		7 years
Method of Measuring Cost of Award		The number of share awards granted to employees was generally determined by dividing the deferred component of variable compensation being granted as share awards by the average price of a Group share over the ten consecutive trading days which ended on February 24, 2022. The fair value of each share award was CHF 8.61, the Group share price on the grant date.
Stock compensation plan | Share awards | MRTs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		4 years
Stock compensation plan | Share awards | Risk manager MRTs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		5 years
Stock compensation plan | Performance share awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award		Managing directors and all material risk takers and controllers (employees whose activities are considered to have a potentially material impact on the Group’s risk profile) received a portion of their deferred variable compensation in the form of performance share awards. Performance share awards are similar to share awards, except that the full balance of outstanding performance share awards, including those awarded in prior years, are subject to performance-based malus provisions. Performance share awards are subject to a downward adjustment in the event of a divisional loss by the division in which the employees worked as of December 31, 2021, or a negative ROE of the Group, whichever results in a larger adjustment. For employees in corporate functions and the Asset Resolution Unit, the downward adjustment only applies in the event of a negative ROE of the Group and is not linked to the performance of the divisions. The basis for the ROE calculation may vary from year to year, depending on the Compensation Committee’s determination for the year in which the performance shares are granted. A downward adjustment has been applied to outstanding performance share awards, reflecting the full year divisional loss in the Investment Bank for 2021.
Method of Measuring Cost of Award		The number of performance share awards granted to employees was generally determined by dividing the deferred component of variable compensation being granted as performance share awards by the average price of a Group share over the ten consecutive trading days which ended on February 24, 2022. The fair value of each performance share award was CHF 8.61, the Group share price on the grant date.
Stock compensation plan | Special awards and blocked shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award		The Group’s share awards include other awards, such as blocked shares and special awards, which may be granted to new employees. Other share awards entitle the holder to receive one Group share and are generally subject to continued employment with the Group, contain restrictive covenants and cancellation provisions and generally vest between zero and five years. On February 11, 2022, the Group granted 27.7 million share awards with a total value of CHF 216 million. The estimated unrecognized compensation expense of CHF 224 million was determined based on the fair value of the awards on the grant date, includes the current estimated future forfeitures and will be recognized over the vesting period, subject to early retirement rules. The majority of share awards granted include the right to receive dividend equivalents on vested shares.
Stock compensation plan | Special awards and blocked shares | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		0 years
Stock compensation plan | Special awards and blocked shares | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			5 years
Stock compensation plan | European Union and blocked share awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award		In order to comply with Capital Requirements Directive V requirements and other applicable remuneration regulations, employees who hold key roles in respect of certain Group subsidiaries receive shares that are subject to transfer restrictions for 50% of the amount that would have been paid to them in cash. These shares are vested at the time of grant but remain blocked, that is, subject to transfer restrictions, for either six months or one year from the date of grant, depending on the location.
Stock compensation plan | European Union and blocked share awards | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		6 months
Stock compensation plan | European Union and blocked share awards | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years
Stock compensation plan | European Union and blocked share awards | Grant Date, February 11, 2022 | Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant	SFr 41
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)	5
Stock compensation plan | European Union and blocked share awards | Grant Date, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant		SFr 35
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)		2.6
Stock compensation plan | European Union and blocked share awards | Grant Date, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant			SFr 37
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)			3.2
Stock compensation plan | Strategic Delivery Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award		Strategic Delivery Plan In February 2022, the Group granted 62.5 million Strategic Delivery Plan (SDP) deferred share-based awards with a total value of CHF 497 million to most Managing Directors and Directors to incentivize the longer-term delivery of the Group’s strategic plan. The SDP awards are subject to service conditions and performance-based metrics over the course of 2022-2024. SDP awards are scheduled to vest on the third anniversary of the grant date, with the exception of awards granted to individuals classified as MRTs, risk manager MRTs or senior managers or equivalents under the EU or UK Capital Requirements Directive V related provisions. SDP awards granted to MRTs vest in equal annual installments over two years, commencing on the third anniversary from the grant date. SDP awards granted to risk manager MRTs vest in equal annual installments over three years, while SDP awards granted to senior managers vest in equal annual installments over five years, both commencing on the third anniversary from the grant date. Prior to settlement, the principal amount of the SDP awards will be written down to zero and forfeited if any of the following triggering events exist at the end of 2022, 2023 or 2024: ■ The Group’s reported CET1 capital ratio below the FINMA-prescribed minimum + 50 basis points; or ■ The Group’s reported common equity tier 1 (CET1) leverage ratio falls below 3.7%. In addition, the Compensation Committee will review and assess the overall success of the delivery of the strategic plan at a Group level over the three-year period (2022-2024) and may increase the SDP awards up to a maximum of 50% of the initial award amount. Half of the potential uplift would be granted if a pre-determined average Group return on tangible equity threshold is achieved, measured over the key strategic implementation years 2023 and 2024. The other half of the uplift may be awarded based on the Compensation Committee’s assessment of risk management and other strategic non-financial achievements. The estimated unrecognized compensation expense of CHF 504 million was determined based on the fair value of the awards on the grant date, includes the current estimated future forfeitures, excludes any potential uplift and will be recognized over the vesting period, subject to early retirement rules. The number of SDP awards granted to employees was generally determined by dividing the deferred component of variable compensation being granted as SDP awards by the average price of a Group share over the ten consecutive trading days which ended on February 24, 2022. The fair value of each SDP award was CHF 8.61, the Group share price on the grant date. The majority of SDP awards granted include the right to receive dividend equivalents on vested shares.
Stock compensation plan | Strategic Delivery Plan | Grant Date, February 11, 2022 | Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant	SFr 497
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Weighted-average grant-date fair value - Granted (in CHF per share)	SFr 8.61
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)	62.5
Stock compensation plan | Strategic Delivery Plan | Grant Date, February 11, 2022 | Subsequent Event [Member] | Forecast/Estimate
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total estimated unrecognized compensation expense	SFr 504
Stock compensation plan | Strategic Delivery Plan | Cliff vesting [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years
Stock compensation plan | Strategic Delivery Plan | UK PRA staff or similuar regulations, Senior managemement | Cliff vesting [Member] | Grant Date, February 11, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period with delayed payment		7 years
Stock compensation plan | Strategic Delivery Plan | MRTs | Cliff vesting [Member] | Grant Date, February 11, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period with delayed payment		4 years
Stock compensation plan | Strategic Delivery Plan | Risk manager MRTs | Cliff vesting [Member] | Grant Date, February 11, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period with delayed payment		5 years
Bank
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total estimated unrecognized compensation expense		SFr 1,111
Bank | Performance shares | Performance share awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total estimated unrecognized compensation expense		SFr 139
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Beginning Balance	SFr 11.67	SFr 11.67	SFr 13.37	SFr 16.33
Weighted-average grant-date fair value - Granted (in CHF per share)		12.71	10.63	11.60
Weighted-average grant-date fair value - Settled (in CHF per share)		12.50	14.12	16.51
Weighted-average grant-date fair value - Forfeited (in CHF per share)		11.78	11.64	13.58
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Ending Balance		SFr 11.67	SFr 11.67	SFr 13.37
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Beginning Balance	73.8	88	69.7	50
Granted (in shares)		27.4	48.8	43.9
Settled (in shares)		(33.2)	(28)	(22.3)
Forfeited (in shares)		(8.4)	(2.5)	(1.9)
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Ending Balance		73.8	88	69.7
of which vested (in shares)		10.4	9.6	6.4
of which unvested (in shares)		63.4	78.4	63.3
Bank | Performance shares | Performance share awards | Grant Date, February 11, 2022 | Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant	SFr 154
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)	18.5
Bank | Performance shares | Performance share awards | Grant Date, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant		SFr 478
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)		36.6
Bank | Performance shares | Performance share awards | Grant Date, 2021 | Subsequent Event [Member] | Forecast/Estimate
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total estimated unrecognized compensation expense	SFr 148
Bank | Performance shares | Performance share awards | Grant Date, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant			SFr 531
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)			48.7
Bank | Stock compensation plan | Share awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total estimated unrecognized compensation expense		SFr 338
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Beginning Balance	SFr 11.22	SFr 11.82	SFr 13.45	SFr 16.23
Weighted-average grant-date fair value - Granted (in CHF per share)		11.19	10.65	11.69
Weighted-average grant-date fair value - Settled (in CHF per share)		12.44	13.83	16.20
Weighted-average grant-date fair value - Forfeited (in CHF per share)		11.52	11.74	13.93
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Ending Balance		SFr 11.22	SFr 11.82	SFr 13.45
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Beginning Balance	135.3	115.2	101.9	77.1
Granted (in shares)		85.7	64	65
Settled (in shares)		(50.1)	(45.1)	(35.2)
Forfeited (in shares)		(15.5)	(5.6)	(5)
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Ending Balance		135.3	115.2	101.9
of which vested (in shares)		11.8	12	10.9
of which unvested (in shares)		123.5	103.2	91
Bank | Stock compensation plan | Share awards | Grant Date, February 11, 2022 | Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant	SFr 210
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)	26,900
Bank | Stock compensation plan | Share awards | Grant Date, February 11, 2022 | Subsequent Event [Member] | Forecast/Estimate
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total estimated unrecognized compensation expense	SFr 218
Bank | Stock compensation plan | Share awards | Grant Date, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant		SFr 576
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)		43.5
Bank | Stock compensation plan | Share awards | Grant Date, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant			SFr 604
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)			55.9
Bank | Stock compensation plan | European Union and blocked share awards | Grant Date, February 11, 2022 | Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant	SFr 38
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)	4.6
Bank | Stock compensation plan | European Union and blocked share awards | Grant Date, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant		SFr 31
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)		2.3
Bank | Stock compensation plan | European Union and blocked share awards | Grant Date, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant			SFr 32
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)			2.8
Bank | Stock compensation plan | Strategic Delivery Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award		Strategic Delivery Plan In February 2022, the Bank granted 59.5 million Strategic Delivery Plan (SDP) deferred share-based awards with a total of CHF 473 million to most Managing Directors and Directors to incentivize the longer-term delivery of the Group’s strategic plan. The SDP awards are subject to service conditions and performance-based metrics over the course of 2022-2024. The fair value of each share award was CHF 8.61, the Group share price on the grant date. The estimated unrecognized compensation expense of CHF 480 million was determined based on the fair value of the awards on the grant date, includes the current estimated future forfeitures and will be recognized over the vesting period, subject to early retirement rules.
Bank | Stock compensation plan | Strategic Delivery Plan | Grant Date, February 11, 2022 | Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Value of awards at grant	SFr 473
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Weighted-average grant-date fair value - Granted (in CHF per share)	SFr 8.61
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)	59.5
Bank | Stock compensation plan | Strategic Delivery Plan | Grant Date, February 11, 2022 | Subsequent Event [Member] | Forecast/Estimate
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total estimated unrecognized compensation expense	SFr 480
Bank | Stock compensation plan | Strategic Delivery Plan | Cliff vesting [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years

Cash-based awards (Details 5)

Cash-based awards (Details 5) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Feb. 11, 2022	Dec. 31, 2020	Dec. 31, 2019
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Estimated unrecognized compensation expense	SFr 1,136
Contingent Capital Awards (CCA)
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Description	CCA were granted in February 2022, 2021 and 2020 to managing directors and directors as part of the 2021, 2020 and 2019 deferred variable compensation and have rights and risks similar to those of certain contingent capital instruments issued by the Group in the market. CCA are scheduled to vest on the third anniversary of the grant date, other than those granted to individuals classified as MRTs, risk manager MRTs or senior managers or equivalents under the EU or UK Capital Requirements Directive V related provisions. As of February 2022, CCA granted to MRTs, risk manager MRTs and senior managers vest on the fourth, fifth and seventh anniversaries of the grant date, respectively. CCA awards will be expensed over the vesting period. CCA generally provide a conditional right to receive semi-annual cash payments of interest equivalents until settled, with rates being dependent upon the vesting period and currency of denomination. CCA granted in 2022, 2021 and 2020 that vest four, five or seven years from the date of grant are not eligible for semi-annual cash payments of interest equivalents. CCA granted to certain regulated employees that vest over three years are not eligible for semi-annual cash payments of interest equivalents. ■ CCA granted in 2022, 2021 and 2020 that are denominated in US dollars and vest three years from the date of grant receive interest equivalents at a rate of 4.18%, 3.60% and 4.08% respectively, per annum plus the daily compounded (spread exclusive) US dollar Secured Overnight Financing Rate (SOFR); ■ CCA granted in 2022, 2021 and 2020 that are denominated in Swiss francs and vest three years from the date of grant receive interest equivalents at a rate of 3.44%, 3.06% and 3.36% respectively, per annum plus the daily compounded (spread exclusive) Swiss franc Swiss Average Rate Overnight (SARON); and ■ The semi-annual interest equivalent cash payment calculation cycle up to February 2021, was based on the six-month US dollar London Interbank Offered Rate (LIBOR) for CCA denominated in US dollars and the six-month Swiss franc LIBOR for CCA denominated in Swiss francs. The rates were set in line with market conditions at the time of grant and existing high-trigger and low-trigger contingent capital instruments that the Group has issued. For CCA granted in February 2022, employees who received compensation in Swiss francs received CCA denominated in Swiss francs and all other employees received CCA denominated in US dollars. As CCA qualify as going concern loss-absorbing capital of the Group, the timing and form of distribution upon settlement is subject to approval by FINMA. At settlement, employees will receive either a contingent capital instrument or a cash payment based on the fair value of the CCA. The fair value will be determined by the Group. In the case of a cash settlement, the CCA award will be converted into the local currency of each respective employee. CCA have loss-absorbing features such that prior to settlement, the principal amount of the CCA would be written down to zero and forfeited if any of the following trigger events were to occur: ■ the Group’s reported common equity tier 1 (CET1) ratio falls below 7%; or ■ FINMA determines that cancellation of the CCA and other similar contingent capital instruments is necessary, or that the Group requires public sector capital support, in either case to prevent it from becoming insolvent or otherwise failing.
Estimated unrecognized compensation expense	SFr 134
Contingent Capital Awards (CCA) | Grant Date, February 11, 2022 | Subsequent Event
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount		SFr 75
Contingent Capital Awards (CCA) | Grant Date, February 11, 2022 | Subsequent Event | Forecast/Estimate
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Estimated unrecognized compensation expense		72
Contingent Capital Awards (CCA) | Grant Date, 2021
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount			SFr 253
Contingent Capital Awards (CCA) | Grant Date, 2020
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount				SFr 268
Contingent Capital Awards (CCA) | Cliff vesting [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Maximum Contractual Term	3 years
Contingent Capital Awards (CCA) | UK PRA staff or similuar regulations, Senior managemement | Cliff vesting [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Maximum Contractual Term	7 years
Contingent Capital Awards (CCA) | MRTs | Cliff vesting [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Maximum Contractual Term	4 years
Contingent Capital Awards (CCA) | Risk manager MRTs | Cliff vesting [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Maximum Contractual Term	5 years
Bank
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Estimated unrecognized compensation expense	SFr 1,111
Bank | Contingent Capital Awards (CCA)
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Estimated unrecognized compensation expense	SFr 129
Bank | Contingent Capital Awards (CCA) | Grant Date, February 11, 2022 | Subsequent Event
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount		71
Bank | Contingent Capital Awards (CCA) | Grant Date, February 11, 2022 | Subsequent Event | Forecast/Estimate
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Estimated unrecognized compensation expense		SFr 68
Bank | Contingent Capital Awards (CCA) | Grant Date, 2021
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount			SFr 245
Bank | Contingent Capital Awards (CCA) | Grant Date, 2020
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount				SFr 257

Other variable compensation (De

Other variable compensation (Details 6) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Feb. 11, 2022
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Compensation expense relating to deferred compensation	SFr 1,447	SFr 1,717	SFr 1,777
Estimated unrecognized compensation expense	SFr 1,136
Retention Awards
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Description	The Group granted deferred cash and share retention awards during 2021 of CHF 395 million, mainly in the Investment Bank and International Wealth Management divisions. During 2020 and 2019, the Group granted deferred cash and share retention awards of CHF 40 million and CHF 40 million, respectively. These awards are expensed over the applicable vesting period from the grant date. Amortization of these awards in 2021 totaled CHF 123 million, of which CHF 103 million was related to awards granted in 2021.
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount	SFr 395	40	40
Compensation expense relating to deferred compensation	123	43	22
Compensation expense relating to deferred compensation, of which granted in current year	103
Estimated unrecognized compensation expense	SFr 284
Upfront cash award
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Description	In February 2022, certain managing directors and directors were granted CHF 799 million of upfront cash awards as part of their 2021 variable compensation. During 2021 and 2020, the Group granted upfront cash awards of CHF 59 million and CHF 146 million, respectively. These awards are subject to repayment (clawback) by the employee in the event of voluntary resignation, termination for cause or in connection with other specified events or conditions within three years of the award grant. The amount subject to repayment is reduced in equal monthly installments during the three-year period following the grant date. The expense recognition will occur over the three-year vesting period, subject to service conditions. Amortization of this compensation in 2021 totaled CHF 80 million, of which CHF 31 million was related to awards granted in 2021.
Deferred Compensation Arrangement with Individual, Maximum Contractual Term	3 years
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount		146
Compensation expense relating to deferred compensation	SFr 80
Compensation expense relating to deferred compensation, of which granted in current year	31
Upfront cash award | Grant Date, February 11, 2022 | Subsequent Event
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount				SFr 799
Upfront cash award | Grant Date, 2020
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount	SFr 59
Deferred cash awards
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Description	Cash awards include certain special awards as well as voluntary deferred compensation plans and employee investment plans. For certain special awards, compensation expense was primarily driven by their vesting schedule; for other cash awards, compensation expense was driven by mark to market and performance adjustments, as the majority of the awards are fully vested.
Compensation expense relating to deferred compensation	SFr 350	398	420
Estimated unrecognized compensation expense	SFr 223
Deferred fixed cash awards
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Description	The Group granted deferred fixed cash compensation during 2021, 2020 and 2019 of CHF 259 million, CHF 120 million and CHF 108 million, respectively, to certain employees in the Americas. This compensation has been expensed in the Investment Bank and Asset Management divisions over a three-year vesting period from the grant date. Amortization of this compensation in 2021 totaled CHF 147 million, of which CHF 115 million was related to awards granted in 2021.
Deferred Compensation Arrangement with Individual, Maximum Contractual Term	3 years
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount	SFr 259	120	108
Compensation expense relating to deferred compensation	147
Compensation expense relating to deferred compensation, of which granted in current year	115
Bank
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Compensation expense relating to deferred compensation	1,434	1,648	1,694
Estimated unrecognized compensation expense	SFr 1,111
Bank | Retention Awards
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Description	The Bank granted deferred cash and share retention awards during 2021 of CHF 395 million, mainly in the Investment Bank and International Wealth Management divisions. During 2020 and 2019, the Bank granted deferred cash and share retention awards of CHF 40 million and CHF 40 million, respectively. These awards are expensed over the applicable vesting period from the grant date. Amortization of these awards in 2021 totaled CHF 123 million, of which CHF 103 million was related to awards granted in 2021.
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount	SFr 395	40	40
Compensation expense relating to deferred compensation	123	43	22
Compensation expense relating to deferred compensation, of which granted in current year	103
Estimated unrecognized compensation expense	SFr 284
Bank | Upfront cash award
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Description	In February 2022, certain managing directors and directors were granted CHF 797 million of upfront cash awards as part of their 2021 variable compensation. During 2021 and 2020, the Bank granted upfront cash awards of CHF 59 million and CHF 146 million, respectively. These awards are subject to repayment (clawback) by the employee in the event of voluntary resignation, termination for cause or in connection with other specified events or conditions within three years of the award grant. The amount subject to repayment is reduced in equal monthly installments during the three-year period following the grant date. The expense recognition will occur over the three-year vesting period, subject to service conditions. Amortization of this compensation in 2021 totaled CHF 80 million, of which CHF 31 million was related to awards granted in 2021.
Deferred Compensation Arrangement with Individual, Maximum Contractual Term	3 years
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount			146
Compensation expense relating to deferred compensation	SFr 80
Compensation expense relating to deferred compensation, of which granted in current year		31
Bank | Upfront cash award | Grant Date, February 11, 2022 | Subsequent Event
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount				SFr 797
Bank | Upfront cash award | Grant Date, 2021
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount		59
Bank | Deferred cash awards
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Compensation expense relating to deferred compensation	370	378	378
Estimated unrecognized compensation expense	SFr 221
Bank | Deferred fixed cash awards
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Deferred Compensation Arrangement with Individual, Description	The Bank granted deferred fixed cash compensation during 2021, 2020 and 2019 of CHF 259 million, CHF 120 million and CHF 108 million, respectively, to certain employees in the Americas. This compensation has been expensed in the Investment Bank and Asset Management divisions over a three-year vesting period from the grant date. Amortization of this compensation in 2021 totaled CHF 147 million, of which CHF 115 million was related to awards granted in 2021.
Deferred Compensation Arrangement with Individual, Maximum Contractual Term	3 years
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount	SFr 259	SFr 120	SFr 108
Compensation expense relating to deferred compensation	147
Compensation expense relating to deferred compensation, of which granted in current year	SFr 115

Related parties - Executive Boa

Related parties - Executive Board/Board of directors loans (Details) SFr in Millions	12 Months Ended
	Dec. 31, 2021CHF (SFr)yearmember	Dec. 31, 2020CHF (SFr)member	Dec. 31, 2019CHF (SFr)
Members of the Executive Board
Activity in loans to related parties
Balance at beginning of period	SFr 13	SFr 32	SFr 33
Additions	8	5	13
Reductions	(4)	(24)	(14)
Balance at end of period	SFr 17	SFr 13	32
Loans to members of the Executive Board, number of members | member	7	4
Loans to members of the Executive Board, term (in years) | year	10
Highest loan outstanding with an individual Executive Board member	SFr 4
Members of the Board of Directors
Activity in loans to related parties
Balance at beginning of period	9	SFr 9	10
Additions	2	0	3
Reductions	(4)	0	(4)
Balance at end of period	SFr 7	SFr 9	9
Loans to members of the Board of Directors, number of members | member	3	3
Loans made by Group or any of its subsidiaries to equity method investees
Activity in loans to related parties
Balance at beginning of period	SFr 414	SFr 299	253
Net borrowings/(repayments)	(36)	115	46
Balance at end of period	378	414	299
Bank
Activity in loans to related parties
Balance at beginning of period	8,444
Balance at end of period	8,683	8,444
Bank | Members of the Executive Board
Activity in loans to related parties
Balance at beginning of period	13	32	33
Additions	8	5	13
Reductions	(4)	(24)	(14)
Balance at end of period	SFr 17	SFr 13	32
Loans to members of the Executive Board, number of members | member	7	4
Bank | Members of the Board of Directors
Activity in loans to related parties
Balance at beginning of period	SFr 9	SFr 9	10
Additions	2	0	3
Reductions	(4)	0	(4)
Balance at end of period	SFr 7	SFr 9	SFr 9
Loans to members of the Board of Directors, number of members | member	3	3

Related parties - Liabilities t

Related parties - Liabilities to own pension funds (Details 2) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Activity in loans to related parties
Liabilities due to Group's own pension funds	SFr 331	SFr 643
Bank
Activity in loans to related parties
Liabilities due to Group's own pension funds	SFr 331	SFr 643

Related parties - Bank (Details

Related parties - Bank (Details 4) - Bank - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Assets
Net loans	SFr 8,683	SFr 8,444
Other assets	98	200
Total assets	8,781	8,644
Liabilities
Due to banks/customer deposits	1,022	1,119
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	94	93
Short-term borrowings	5,944	440
Long-term debt	55,998	52,144
Other liabilities	1,051	1,098
Total liabilities	64,109	54,894
Related party revenues and expenses
Interest and dividend income	(56)	(39)	SFr (5)
Interest expense	(1,673)	(1,618)	(1,307)
Net interest income	(1,729)	(1,657)	(1,312)
Commissions and fees	102	114	80
Other revenues	212	104	104
Net revenues	(1,415)	(1,439)	(1,128)
Total operating expenses	2,089	1,967	SFr 1,867
Related party guarantees
Revocable loan commitments	87	88
Credit guarantees and similar instruments
Related party guarantees
Guarantees	SFr 4	SFr 4

Pension and other post-retire_3

Pension and other post-retirement benefits - Obligation and funded status (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2022	Jan. 01, 2022	Jan. 01, 2021
Defined benefit plan, Disclosure
Planning horizon of conversion rates	8 years
Total benefit costs
Service costs on benefit obligation	SFr 240	SFr 218	SFr 270
Curtailment losses/(gains)	2	(10)	0
PBO
Service costs	240	218	270
Total amount recognized
Noncurrent assets	4,215	2,872
Amounts recognized in AOCI
Actuarial gains/(losses)	(2,705)	(3,727)
Prior service credit/(cost)	365	456
Total	(2,340)	(3,271)
Amounts recognized in other comprehensive income
Actuarial gains/(losses), Tax	(228)	18	(99)
Actuarial gains/(losses), Net	716	(341)
Prior service credit/(cost), Net	3	(5)
Amortization of actuarial losses/ (gains), Net	303	284
Amortization of prior service cost/(credit), Net	(97)	(135)
Immediate recognition due to curtailment/settlement, Net	6	12
Total amounts recognized in other comprehensive income, Net	931	(185)
Defined benefit pension plans
Fair value of plan assets
Beginning of the measurement period	22,212
End of the measurement period	23,098	22,212
Funded status recognized
Funded status of the plan - overfunded/(underfunded)	4,011	2,628
Amounts recognized in AOCI
Actuarial gains/(losses)	(2,678)	(3,688)
Prior service credit/(cost)	362	453
Total	(2,316)	(3,235)
Amounts recognized in other comprehensive income
Actuarial gains/(losses), Gross	858	(414)
Actuarial gains/(losses), Tax	(153)	83
Actuarial gains/(losses), Net	705	(331)
Prior service credit/(cost), Gross	4	(5)
Prior service credit/(cost), Tax	(1)	0
Prior service credit/(cost), Net	3	(5)
Amortization of actuarial losses/(gains), Gross	369	347
Amortization of actuarial losses/(gains), Tax	(67)	(64)
Amortization of actuarial losses/ (gains), Net	302	283
Amortization of prior service cost/(credit), Gross	(120)	(166)
Amortization of prior service cost/(credit), Tax	23	31
Amortization of prior service cost/(credit), Net	(97)	(135)
Immediate recognition due to curtailment/settlement, Gross	11	14
Immediate recognition due to curtailment/settlement, Tax	(5)	(2)
Immediate recognition due to curtailment/settlement, Net	6	12
Total amounts recognized in other comprehensive income, Gross	1,122	(224)
Total amounts recognized in other comprehensive income, Tax	(203)	48
Total amounts recognized in other comprehensive income, Net	919	(176)
Other post-retirement defined benefit plans
Amounts recognized in AOCI
Actuarial gains/(losses)	(27)	(39)
Prior service credit/(cost)	3	3
Total	(24)	(36)
Amounts recognized in other comprehensive income
Actuarial gains/(losses), Gross	14	(13)
Actuarial gains/(losses), Tax	(3)	3
Actuarial gains/(losses), Net	11	(10)
Prior service credit/(cost), Gross	0	0
Prior service credit/(cost), Tax	0	0
Prior service credit/(cost), Net	0	0
Amortization of actuarial losses/(gains), Gross	1	1
Amortization of actuarial losses/(gains), Tax	0	0
Amortization of actuarial losses/ (gains), Net	1	1
Amortization of prior service cost/(credit), Gross	0	0
Amortization of prior service cost/(credit), Tax	0	0
Amortization of prior service cost/(credit), Net	0	0
Immediate recognition due to curtailment/settlement, Gross	0	0
Immediate recognition due to curtailment/settlement, Tax	0	0
Immediate recognition due to curtailment/settlement, Net	0	0
Total amounts recognized in other comprehensive income, Gross	15	(12)
Total amounts recognized in other comprehensive income, Tax	(3)	3
Total amounts recognized in other comprehensive income, Net	12	(9)
Defined benefit and defined contribution
Total benefit costs
Service costs on benefit obligation	503	517	437
PBO
Service costs	SFr 503	SFr 517	437
Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Employees participating in defined benefit plans (as a percent)	64.00%	66.00%
Value of plan assets (as a percent)	84.00%	81.00%
Pension benefit obligation (as a percent)	84.00%	82.00%
Employee contributions, number of contribution levels	3
Total benefit costs
Service costs on benefit obligation	SFr 224	SFr 203	256
Interest costs on benefit obligation	10	20	52
Expected return on plan assets	(421)	(352)	(394)
Amortization of recognized prior service cost/(credit)	(121)	(167)	(155)
Amortization of recognized actuarial losses/(gains)	355	334	293
Settlement losses/(gains)	10	8	41
Curtailment losses/(gains)	2	(10)	0
Special termination benefits	16	8	14
Net periodic benefit/(costs)	75	44	107
PBO
Beginning of the measurement period	16,102	15,979
Plan participant contributions	146	143
Service costs	224	203	256
Interest costs	10	20	52
Plan amendments	0	0
Settlements	(48)	(28)
Curtailments	8	(17)
Special termination benefits	16	8
Actuarial losses/(gains)	321	857
Benefit payments	(724)	(1,063)
Exchange rate losses/(gains)	0	0
End of the measurement period	16,055	16,102	15,979
Fair value of plan assets
Beginning of the measurement period	18,000	17,790
Actual return on plan assets	1,610	860
Employer contributions	312	298
Plan participant contributions	146	143
Settlements	(48)	(28)
Benefit payments	(724)	(1,063)
Exchange rate gains/(losses)	0	0
End of the measurement period	19,296	18,000	SFr 17,790
Funded status recognized
Funded status of the plan - overfunded/(underfunded)	3,241	1,898
Total funded status recognized in the consolidated balance sheet at December 31	3,241	1,898
Total amount recognized
Noncurrent assets	3,241	1,898
Current liabilities	0	0
Noncurrent liabilities	0	0
Total amount recognized in the consolidated balance sheet at December 31	3,241	1,898
Defined Benefit Plan, Asset Portfolio Gains/(Losses)	1,189	508
ABO
End of the measurement period	SFr 15,275	SFr 15,637
Net benefit pension cost (%)
Discount rate - service costs (as a percent)	0.63%	0.69%	1.19%
Discount rate - interest costs (as a percent)	0.06%	0.13%	0.57%
Salary increases (as a percent)	1.50%	1.50%	0.75%
Expected long-term rate of return on plan assets (as a percent)	2.50%	2.10%	2.40%
Interest rate on savings plan (as a percent)	1.25%	0.45%	1.03%
Benefit obligation (%)
Discount rate (as a percent)	0.56%	0.40%	0.45%
Salary increases (as a percent)	1.50%	1.50%	1.50%
Interest rate on savings plan (as a percent)	1.50%	1.25%	0.45%
Switzerland | Defined benefit pension plans | Minimum
Defined benefit plan, Disclosure
Employee contributions (as a percent)	5.00%
Employer contributions (as a percent)	7.50%
Benefit obligation (%)
Interest rate on savings plan (as a percent)					1.00%	1.00%
Switzerland | Defined benefit pension plans | Maximum
Defined benefit plan, Disclosure
Employee contributions (as a percent)	14.00%
Employer contributions (as a percent)	25.00%
Switzerland | Defined benefit pension plans | Forecast/Estimate
Contributions disclosures
Contribution to be made by the entity in next fiscal year				SFr 258
International | Defined benefit pension plans
Total benefit costs
Service costs on benefit obligation	SFr 16	SFr 15	SFr 14
Interest costs on benefit obligation	51	68	90
Expected return on plan assets	(65)	(85)	(108)
Amortization of recognized prior service cost/(credit)	1	1	1
Amortization of recognized actuarial losses/(gains)	14	13	19
Settlement losses/(gains)	8	(1)	0
Curtailment losses/(gains)	0	0	0
Special termination benefits	0	0	0
Net periodic benefit/(costs)	25	11	16
PBO
Beginning of the measurement period	3,482	3,325
Plan participant contributions	0	0
Service costs	16	15	14
Interest costs	51	68	90
Plan amendments	(4)	5
Settlements	(448)	(23)
Curtailments	0	0
Special termination benefits	0	0
Actuarial losses/(gains)	(100)	456
Benefit payments	(66)	(156)
Exchange rate losses/(gains)	101	(208)
End of the measurement period	3,032	3,482	3,325
Fair value of plan assets
Beginning of the measurement period	4,212	4,111
Actual return on plan assets	(45)	476
Employer contributions	17	61
Plan participant contributions	0	0
Settlements	(448)	(23)
Benefit payments	(66)	(156)
Exchange rate gains/(losses)	132	(257)
End of the measurement period	3,802	4,212	SFr 4,111
Funded status recognized
Funded status of the plan - overfunded/(underfunded)	770	730
Total funded status recognized in the consolidated balance sheet at December 31	770	730
Total amount recognized
Noncurrent assets	974	975
Current liabilities	(7)	(8)
Noncurrent liabilities	(197)	(237)
Total amount recognized in the consolidated balance sheet at December 31	770	730
Defined Benefit Plan, Asset Portfolio Gains/(Losses)	(110)	391
ABO
End of the measurement period	SFr 3,001	SFr 3,449
Net benefit pension cost (%)
Discount rate - service costs (as a percent)	3.22%	3.04%	3.28%
Discount rate - interest costs (as a percent)	1.62%	2.39%	3.28%
Salary increases (as a percent)	2.98%	2.84%	2.92%
Expected long-term rate of return on plan assets (as a percent)	1.79%	2.37%	3.00%
Benefit obligation (%)
Discount rate (as a percent)	2.15%	1.67%	2.38%
Salary increases (as a percent)	3.33%	2.98%	2.84%
International | Defined benefit pension plans | Forecast/Estimate
Contributions disclosures
Contribution to be made by the entity in next fiscal year				16
International | Other post-retirement defined benefit plans
Total benefit costs
Service costs on benefit obligation	SFr 0	SFr 0	SFr 0
Interest costs on benefit obligation	2	4	6
Expected return on plan assets	0	0	0
Amortization of recognized prior service cost/(credit)	0	0	0
Amortization of recognized actuarial losses/(gains)	1	1	3
Settlement losses/(gains)	0	0	0
Curtailment losses/(gains)	0	0	0
Special termination benefits	0	0	0
Net periodic benefit/(costs)	3	5	9
PBO
Beginning of the measurement period	156	164
Plan participant contributions	0	0
Service costs	0	0	0
Interest costs	2	4	6
Plan amendments	0	0
Settlements	0	0
Curtailments	0	0
Special termination benefits	0	0
Actuarial losses/(gains)	(14)	13
Benefit payments	(10)	(11)
Exchange rate losses/(gains)	6	(14)
End of the measurement period	140	156	164
Fair value of plan assets
Beginning of the measurement period	0	0
Actual return on plan assets	0	0
Employer contributions	10	11
Plan participant contributions	0	0
Settlements	0	0
Benefit payments	(10)	(11)
Exchange rate gains/(losses)	0	0
End of the measurement period	0	0	SFr 0
Funded status recognized
Funded status of the plan - overfunded/(underfunded)	(140)	(156)
Total funded status recognized in the consolidated balance sheet at December 31	(140)	(156)
Total amount recognized
Noncurrent assets	0	0
Current liabilities	(10)	(11)
Noncurrent liabilities	(130)	(145)
Total amount recognized in the consolidated balance sheet at December 31	(140)	(156)
ABO
End of the measurement period	SFr 140	SFr 156
Net benefit pension cost (%)
Discount rate - service costs (as a percent)			4.38%
Discount rate - interest costs (as a percent)	1.74%	2.77%	3.95%
Benefit obligation (%)
Discount rate (as a percent)	2.89%	2.55%	3.23%
Health care cost assumptions
Weighted-average rate of health care benefit assumed (as a percent)	6.50%	7.00%	8.00%
Weighted-average rate of health care benefit decrease (as a percent)	4.50%
International | Other post-retirement defined benefit plans | Forecast/Estimate
Contributions disclosures
Contribution to be made by the entity in next fiscal year				SFr 10
Health care cost assumptions
Weighted-average rate of health care benefit assumed (as a percent)				6.50%
US | Defined benefit pension plans
Pension and Other Postretirement Benefit Contributions
Contributions made to defined benefit pension plans and other post-retirement defined benefit plans	SFr 0	SFr 43
Bank
Funded status recognized
Funded status of the plan - overfunded/(underfunded)	640	581
Total amount recognized
Noncurrent assets	974	975
Amounts recognized in AOCI
Actuarial gains/(losses)	(429)	(460)
Prior service credit/(cost)	(6)	(11)
Total	(435)	(471)
Amounts recognized in other comprehensive income
Actuarial gains/(losses), Tax	0	19	SFr (4)
Actuarial gains/(losses), Net	13	(55)
Prior service credit/(cost), Net	3	(4)
Amortization of actuarial losses/ (gains), Net	12	13
Amortization of prior service cost/(credit), Net	1	0
Immediate recognition due to curtailment/settlement, Net	7	(1)
Total amounts recognized in other comprehensive income, Net	36	(47)
Bank | Defined benefit and defined contribution
Total benefit costs
Service costs on benefit obligation	497	503	502
PBO
Service costs	SFr 497	SFr 503	SFr 502
Bank | Switzerland | Defined benefit pension plans
PBO
Entity contribution to the group plan (as a percent)	84.00%
Bank | Switzerland | Defined benefit pension plans | Minimum
Defined benefit plan, Disclosure
Employer contributions (as a percent)	7.50%
Bank | Switzerland | Defined benefit pension plans | Maximum
Defined benefit plan, Disclosure
Employer contributions (as a percent)	25.00%
Bank | Switzerland | Defined benefit pension plans | Forecast/Estimate
Contributions disclosures
Contributions by the entity to the group plan				SFr 216
Bank | Switzerland | Other post-retirement defined benefit plans
Health care cost assumptions
Weighted-average rate of health care benefit assumed (as a percent)	6.50%	7.00%	8.00%
Bank | International | Defined benefit pension plans
Total benefit costs
Service costs on benefit obligation	SFr 14	SFr 14	SFr 14
Interest costs on benefit obligation	49	68	90
Expected return on plan assets	(65)	(85)	(108)
Amortization of recognized prior service cost/(credit)	1	1	1
Amortization of recognized actuarial losses/(gains)	14	13	19
Settlement losses/(gains)	8	(1)	0
Net periodic benefit/(costs)	21	10	16
PBO
Beginning of the measurement period	3,475	3,325
Service costs	14	14	14
Interest costs	49	68	90
Plan amendments	(4)	5
Settlements	(448)	(23)
Actuarial losses/(gains)	(100)	453
Plans added	0	(3)
Benefit payments	(65)	(156)
Exchange rate losses/(gains)	101	(208)
End of the measurement period	3,022	3,475	3,325
Fair value of plan assets
Beginning of the measurement period	4,212	4,111
Actual return on plan assets	(45)	476
Employer contributions	16	61
Settlements	(448)	(23)
Benefit payments	(65)	(156)
Exchange rate gains/(losses)	132	(257)
End of the measurement period	3,802	4,212	SFr 4,111
Funded status recognized
Funded status of the plan - overfunded/(underfunded)	780	737
Total funded status recognized in the consolidated balance sheet at December 31	780	737
Total amount recognized
Noncurrent assets	975	975
Current liabilities	(7)	(8)
Noncurrent liabilities	(188)	(230)
Total amount recognized in the consolidated balance sheet at December 31	780	737
ABO
End of the measurement period	2,996	3,445
Amounts recognized in AOCI
Actuarial gains/(losses)	(402)	(421)
Prior service credit/(cost)	(9)	(14)
Total	(411)	(435)
Amounts recognized in other comprehensive income
Actuarial gains/(losses), Gross	(10)	(62)
Actuarial gains/(losses), Tax	12	17
Actuarial gains/(losses), Net	2	(45)
Prior service credit/(cost), Gross	4	(5)
Prior service credit/(cost), Tax	(1)	1
Prior service credit/(cost), Net	3	(4)
Amortization of actuarial losses/(gains), Gross	14	13
Amortization of actuarial losses/(gains), Tax	(3)	(1)
Amortization of actuarial losses/ (gains), Net	11	12
Amortization of prior service cost/(credit), Gross	1	1
Amortization of prior service cost/(credit), Tax	0	(1)
Amortization of prior service cost/(credit), Net	1	0
Immediate recognition due to curtailment/settlement, Gross	8	(1)
Immediate recognition due to curtailment/settlement, Tax	(1)	0
Immediate recognition due to curtailment/settlement, Net	7	(1)
Total amounts recognized in other comprehensive income, Gross	17	(54)
Total amounts recognized in other comprehensive income, Tax	7	16
Total amounts recognized in other comprehensive income, Net	SFr 24	SFr (38)
Net benefit pension cost (%)
Discount rate - service costs (as a percent)	2.64%	2.62%	3.28%
Discount rate - interest costs (as a percent)	1.56%	2.37%	3.28%
Salary increases (as a percent)	2.97%	2.84%	2.92%
Expected long-term rate of return on plan assets (as a percent)	1.79%	2.37%	3.00%
Benefit obligation (%)
Discount rate (as a percent)	2.13%	1.66%	2.38%
Salary increases (as a percent)	3.32%	2.97%	2.84%
Bank | International | Defined benefit pension plans | Forecast/Estimate
Contributions disclosures
Contribution to be made by the entity in next fiscal year				16
Bank | International | Other post-retirement defined benefit plans
Total benefit costs
Service costs on benefit obligation	SFr 0	SFr 0	SFr 0
Interest costs on benefit obligation	2	4	6
Expected return on plan assets	0	0	0
Amortization of recognized prior service cost/(credit)	0	0	0
Amortization of recognized actuarial losses/(gains)	1	1	3
Settlement losses/(gains)	0	0	0
Net periodic benefit/(costs)	3	5	9
PBO
Beginning of the measurement period	156	164
Service costs	0	0	0
Interest costs	2	4	6
Plan amendments	0	0
Settlements	0	0
Actuarial losses/(gains)	(14)	13
Plans added	0	0
Benefit payments	(10)	(11)
Exchange rate losses/(gains)	6	(14)
End of the measurement period	140	156	164
Fair value of plan assets
Beginning of the measurement period	0	0
Actual return on plan assets	0	0
Employer contributions	10	11
Settlements	0	0
Benefit payments	(10)	(11)
Exchange rate gains/(losses)	0	0
End of the measurement period	0	0	SFr 0
Funded status recognized
Funded status of the plan - overfunded/(underfunded)	(140)	(156)
Total funded status recognized in the consolidated balance sheet at December 31	(140)	(156)
Total amount recognized
Noncurrent assets	0	0
Current liabilities	(10)	(11)
Noncurrent liabilities	(130)	(145)
Total amount recognized in the consolidated balance sheet at December 31	(140)	(156)
ABO
End of the measurement period	140	156
Amounts recognized in AOCI
Actuarial gains/(losses)	(27)	(39)
Prior service credit/(cost)	3	3
Total	(24)	(36)
Amounts recognized in other comprehensive income
Actuarial gains/(losses), Gross	14	(13)
Actuarial gains/(losses), Tax	(3)	3
Actuarial gains/(losses), Net	11	(10)
Prior service credit/(cost), Gross	0	0
Prior service credit/(cost), Tax	0	0
Prior service credit/(cost), Net	0	0
Amortization of actuarial losses/(gains), Gross	1	1
Amortization of actuarial losses/(gains), Tax	0	0
Amortization of actuarial losses/ (gains), Net	1	1
Amortization of prior service cost/(credit), Gross	0	0
Amortization of prior service cost/(credit), Tax	0	0
Amortization of prior service cost/(credit), Net	0	0
Immediate recognition due to curtailment/settlement, Gross	0	0
Immediate recognition due to curtailment/settlement, Tax	0	0
Immediate recognition due to curtailment/settlement, Net	0	0
Total amounts recognized in other comprehensive income, Gross	15	(12)
Total amounts recognized in other comprehensive income, Tax	(3)	3
Total amounts recognized in other comprehensive income, Net	SFr 12	SFr (9)
Net benefit pension cost (%)
Discount rate - service costs (as a percent)			4.38%
Discount rate - interest costs (as a percent)	1.74%	2.77%	3.95%
Benefit obligation (%)
Discount rate (as a percent)	2.89%	2.55%	3.23%
Health care cost assumptions
Weighted-average rate of health care benefit decrease (as a percent)	4.50%
Bank | International | Other post-retirement defined benefit plans | Forecast/Estimate
Contributions disclosures
Contribution to be made by the entity in next fiscal year				SFr 10
Health care cost assumptions
Weighted-average rate of health care benefit assumed (as a percent)				6.50%
Bank | US | Defined benefit pension plans
Pension and Other Postretirement Benefit Contributions
Contributions made to defined benefit pension plans and other post-retirement defined benefit plans	SFr 0	SFr 43

Pension and other post-retire_4

Pension and other post-retirement benefits - PBO/ABO/Fair value (Details 2) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
PBO	SFr 16,055	SFr 16,102	SFr 15,979
ABO	15,275	15,637
Switzerland | Defined benefit pension plans | PBO exceeds fair value of plan assets
Defined benefit plan, Disclosure
PBO	0	0
ABO	0	0
Switzerland | Defined benefit pension plans | ABO exceeds fair value of plan assets
Defined benefit plan, Disclosure
PBO	0	0
ABO	0	0
International | Defined benefit pension plans
Defined benefit plan, Disclosure
PBO	3,032	3,482	3,325
ABO	3,001	3,449
International | Defined benefit pension plans | PBO exceeds fair value of plan assets
Defined benefit plan, Disclosure
PBO	412	1,404
ABO	387	1,377
Fair value of plan assets	208	1,159
International | Defined benefit pension plans | ABO exceeds fair value of plan assets
Defined benefit plan, Disclosure
PBO	403	1,393
ABO	380	1,369
Fair value of plan assets	200	1,150
International | Other post-retirement defined benefit plans
Defined benefit plan, Disclosure
PBO	140	156	164
ABO	140	156
Bank | International | Defined benefit pension plans
Defined benefit plan, Disclosure
PBO	3,022	3,475	3,325
ABO	2,996	3,445
Bank | International | Defined benefit pension plans | PBO exceeds fair value of plan assets
Defined benefit plan, Disclosure
PBO	402	1,397
ABO	382	1,373
Fair value of plan assets	208	1,159
Bank | International | Defined benefit pension plans | ABO exceeds fair value of plan assets
Defined benefit plan, Disclosure
PBO	393	1,386
ABO	375	1,365
Fair value of plan assets	200	1,150
Bank | International | Other post-retirement defined benefit plans
Defined benefit plan, Disclosure
PBO	140	156	SFr 164
ABO	SFr 140	SFr 156

Pension and other post-retire_5

Pension and other post-retirement benefits - Plan assets measured at fair value (Details 3) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	SFr 23,098	SFr 22,212
Plan assets at fair value, measured at net asset value per share	3,523	3,084
Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	19,296	18,000	SFr 17,790
Plan assets at fair value, measured at net asset value per share	3,032	2,590
International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	3,802	4,212	4,111
Plan assets at fair value, measured at net asset value per share	491	494
International | Other post-retirement defined benefit plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0	0
Level 1 | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	3,141	3,148
Level 1 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	804	962
Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	2,337	2,186
Level 2 | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	14,920	14,536
Level 2 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	13,946	13,004
Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	974	1,532
Level 3 | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	1,514	1,444	1,351
Level 3 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	1,514	1,444	1,351
Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Group equity securities and options
Defined benefit plan, Disclosure
Plan assets at fair value	3	77
Group equity securities and options | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	5,264	5,320
Plan assets at fair value, measured at net asset value per share	0	0
Impact of exchange-traded futures not carried at fair value
Plan Assets not carried at fair value	(186)	(462)
Group equity securities and options | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	101	85
Plan assets at fair value, measured at net asset value per share	57	52
Group equity securities and options | Level 1 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	71
Group equity securities and options | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Group equity securities and options | Level 2 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	5,264	5,249
Group equity securities and options | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	44	33
Group equity securities and options | Level 3 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Group equity securities and options | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Cash and cash equivalents | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	313	458
Plan assets at fair value, measured at net asset value per share	0	0
Impact of exchange-traded futures not carried at fair value
Plan Assets not carried at fair value	(59)	462
Cash and cash equivalents | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	110	264
Plan assets at fair value, measured at net asset value per share	0	0
Cash and cash equivalents | Level 1 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	313	458
Cash and cash equivalents | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	9	17
Cash and cash equivalents | Level 2 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Cash and cash equivalents | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	101	247
Cash and cash equivalents | Level 3 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Cash and cash equivalents | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Debt securities
Defined benefit plan, Disclosure
Plan assets at fair value	5	0
Debt securities | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	6,784	5,884
Plan assets at fair value, measured at net asset value per share	469	438
Impact of exchange-traded futures not carried at fair value
Plan Assets not carried at fair value	245
Debt securities | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	3,531	3,813
Plan assets at fair value, measured at net asset value per share	434	422
Debt securities | Level 1 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Debt securities | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	2,328	2,169
Debt securities | Level 2 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	6,315	5,446
Debt securities | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	769	1,222
Debt securities | Level 3 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Debt securities | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Government debt securities | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	2,332	2,176
Plan assets at fair value, measured at net asset value per share	0	0
Government debt securities | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	2,328	2,169
Government debt securities | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	4	7
Government debt securities | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Corporate debt securities | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	6,784	5,884
Plan assets at fair value, measured at net asset value per share	469	438
Corporate debt securities | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	1,199	1,637
Plan assets at fair value, measured at net asset value per share	434	422
Corporate debt securities | Level 1 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Corporate debt securities | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Corporate debt securities | Level 2 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	6,315	5,446
Corporate debt securities | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	765	1,215
Corporate debt securities | Level 3 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Corporate debt securities | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Real estate | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	3,554	3,239
Plan assets at fair value, measured at net asset value per share	0	0
Real estate | Level 1 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Real estate | Level 2 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	2,040	1,795
Real estate | Level 3 | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	1,514	1,444	1,351
Real estate | Level 3 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	1,514	1,444
Real estate - direct | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	1,514	1,444
Plan assets at fair value, measured at net asset value per share	0	0
Real estate - direct | Level 1 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Real estate - direct | Level 2 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Real estate - direct | Level 3 | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	1,514	1,444	1,351
Real estate - direct | Level 3 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	1,514	1,444
Real estate - indirect | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	2,040	1,795
Plan assets at fair value, measured at net asset value per share	0	0
Real estate - indirect | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	20
Plan assets at fair value, measured at net asset value per share	0	20
Real estate - indirect | Level 1 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Real estate - indirect | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Real estate - indirect | Level 2 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	2,040	1,795
Real estate - indirect | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Real estate - indirect | Level 3 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Real estate - indirect | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Alternative investments | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	3,381	3,099
Plan assets at fair value, measured at net asset value per share	2,563	2,152
Alternative investments | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	(27)	(47)
Plan assets at fair value, measured at net asset value per share	0	0
Alternative investments | Level 1 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	491	433
Alternative investments | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Alternative investments | Level 2 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	327	514
Alternative investments | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	(27)	(47)
Alternative investments | Level 3 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Alternative investments | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Private equity - alternative investments | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	2,431	1,794
Plan assets at fair value, measured at net asset value per share	2,431	1,794
Private equity - alternative investments | Level 1 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Private equity - alternative investments | Level 2 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Private equity - alternative investments | Level 3 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Hedge funds | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	221	414
Plan assets at fair value, measured at net asset value per share	0	1
Hedge funds | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Plan assets at fair value, measured at net asset value per share	0	0
Hedge funds | Level 1 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Hedge funds | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Hedge funds | Level 2 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	221	413
Hedge funds | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Hedge funds | Level 3 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Hedge funds | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Other alternative investments | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	729	891
Plan assets at fair value, measured at net asset value per share	132	357
Other alternative investments | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	(27)	(47)
Plan assets at fair value, measured at net asset value per share	0	0
Other alternative investments | Level 1 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	491	433
Other alternative investments | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Other alternative investments | Level 2 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	106	101
Other alternative investments | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	(27)	(47)
Other alternative investments | Level 3 | Switzerland | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Other alternative investments | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Other investments, plan assets | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	87	77
Plan assets at fair value, measured at net asset value per share	0	0
Other investments, plan assets | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Other investments, plan assets | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	87	77
Other investments, plan assets | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	3,802	4,212	4,111
Plan assets at fair value, measured at net asset value per share	491	494
Bank | International | Other post-retirement defined benefit plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0	SFr 0
Bank | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	2,337	2,186
Bank | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	974	1,532
Bank | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Group equity securities and options | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	101	85
Plan assets at fair value, measured at net asset value per share	57	52
Bank | Group equity securities and options | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Group equity securities and options | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	44	33
Bank | Group equity securities and options | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Cash and cash equivalents | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	110	264
Plan assets at fair value, measured at net asset value per share	0	0
Bank | Cash and cash equivalents | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	9	17
Bank | Cash and cash equivalents | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	101	247
Bank | Cash and cash equivalents | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Debt securities | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	3,531	3,813
Plan assets at fair value, measured at net asset value per share	434	422
Bank | Debt securities | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	2,328	2,169
Bank | Debt securities | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	769	1,222
Bank | Debt securities | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Government debt securities | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	2,332	2,176
Plan assets at fair value, measured at net asset value per share	0	0
Bank | Government debt securities | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	2,328	2,169
Bank | Government debt securities | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	4	7
Bank | Government debt securities | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Corporate debt securities | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	1,199	1,637
Plan assets at fair value, measured at net asset value per share	434	422
Bank | Corporate debt securities | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Corporate debt securities | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	765	1,215
Bank | Corporate debt securities | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Real estate - indirect | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	20
Plan assets at fair value, measured at net asset value per share	0	20
Bank | Real estate - indirect | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Real estate - indirect | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Real estate - indirect | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Alternative investments | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	(27)	(47)
Plan assets at fair value, measured at net asset value per share	0	0
Bank | Alternative investments | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Alternative investments | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	(27)	(47)
Bank | Alternative investments | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Hedge funds | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Plan assets at fair value, measured at net asset value per share	0	0
Bank | Hedge funds | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Hedge funds | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Hedge funds | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Other alternative investments | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	(27)	(47)
Plan assets at fair value, measured at net asset value per share	0	0
Bank | Other alternative investments | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Other alternative investments | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	(27)	(47)
Bank | Other alternative investments | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Other investments, plan assets | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	87	77
Plan assets at fair value, measured at net asset value per share	0	0
Bank | Other investments, plan assets | Level 1 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	0	0
Bank | Other investments, plan assets | Level 2 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	87	77
Bank | Other investments, plan assets | Level 3 | International | Defined benefit pension plans
Defined benefit plan, Disclosure
Plan assets at fair value	SFr 0	SFr 0

Pension and other post-retire_6

Pension and other post-retirement benefits - Plan assets measured at fair value roll-forward (Details 4) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	SFr 0
End of the measurement period	5	SFr 0
Equity securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	77
End of the measurement period	3	77
Defined benefit pension plans
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	22,212
End of the measurement period	23,098	22,212
Defined benefit pension plans | Level 3
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	1,444	1,351
Transfers In	0	0
Transfers Out	0	0
On assets still held at reporting date	65	69
On assets sold during the period	0	0
Purchases, sales, settlements	5	24
Foreign currency translation impact	0	0
End of the measurement period	1,514	1,444
Defined benefit pension plans | Level 3 | Real estate
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	1,444	1,351
Transfers In	0	0
Transfers Out	0	0
On assets still held at reporting date	65	69
On assets sold during the period	0	0
Purchases, sales, settlements	5	24
Foreign currency translation impact	0	0
End of the measurement period	1,514	1,444
Defined benefit pension plans | Level 3 | Real estate - direct
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	1,444	1,351
Transfers In	0	0
Transfers Out	0	0
On assets still held at reporting date	65	69
On assets sold during the period	0	0
Purchases, sales, settlements	5	24
Foreign currency translation impact	0	0
End of the measurement period	1,514	1,444
Switzerland | Defined benefit pension plans
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	18,000	17,790
Foreign currency translation impact	0	0
End of the measurement period	19,296	18,000
Switzerland | Defined benefit pension plans | Debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	5,884
End of the measurement period	6,784	5,884
Switzerland | Defined benefit pension plans | Corporate debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	5,884
End of the measurement period	6,784	5,884
Switzerland | Defined benefit pension plans | Equity securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	5,320
End of the measurement period	5,264	5,320
Switzerland | Defined benefit pension plans | Real estate
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	3,239
End of the measurement period	3,554	3,239
Switzerland | Defined benefit pension plans | Real estate - direct
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	1,444
End of the measurement period	1,514	1,444
Switzerland | Defined benefit pension plans | Real estate - indirect
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	1,795
End of the measurement period	2,040	1,795
Switzerland | Defined benefit pension plans | Alternative investments
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	3,099
End of the measurement period	3,381	3,099
Switzerland | Defined benefit pension plans | Private equity - alternative investments
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	1,794
End of the measurement period	2,431	1,794
Switzerland | Defined benefit pension plans | Hedge funds
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	414
End of the measurement period	221	414
Switzerland | Defined benefit pension plans | Other alternative investments
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	891
End of the measurement period	729	891
Switzerland | Defined benefit pension plans | Level 3
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	1,444	1,351
Transfers In	0	0
Transfers Out	0	0
On assets still held at reporting date	65	69
On assets sold during the period	0	0
Purchases, sales, settlements	5	24
Exchange rate gains/(losses) on investments	0	0
End of the measurement period	1,514	1,444
Switzerland | Defined benefit pension plans | Level 3 | Debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Switzerland | Defined benefit pension plans | Level 3 | Corporate debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Switzerland | Defined benefit pension plans | Level 3 | Equity securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Switzerland | Defined benefit pension plans | Level 3 | Real estate
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	1,444
End of the measurement period	1,514	1,444
Switzerland | Defined benefit pension plans | Level 3 | Real estate - direct
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	1,444
End of the measurement period	1,514	1,444
Switzerland | Defined benefit pension plans | Level 3 | Real estate - indirect
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Switzerland | Defined benefit pension plans | Level 3 | Alternative investments
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Switzerland | Defined benefit pension plans | Level 3 | Private equity - alternative investments
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Switzerland | Defined benefit pension plans | Level 3 | Hedge funds
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Switzerland | Defined benefit pension plans | Level 3 | Other alternative investments
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
International | Defined benefit pension plans
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	4,212	4,111
Foreign currency translation impact	132	(257)
End of the measurement period	3,802	4,212
International | Defined benefit pension plans | Debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	3,813
End of the measurement period	3,531	3,813
International | Defined benefit pension plans | Corporate debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	1,637
End of the measurement period	1,199	1,637
International | Defined benefit pension plans | Government debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	2,176
End of the measurement period	2,332	2,176
International | Defined benefit pension plans | Equity securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	85
End of the measurement period	101	85
International | Defined benefit pension plans | Real estate - indirect
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	20
End of the measurement period	0	20
International | Defined benefit pension plans | Alternative investments
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	(47)
End of the measurement period	(27)	(47)
International | Defined benefit pension plans | Hedge funds
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
International | Defined benefit pension plans | Other alternative investments
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	(47)
End of the measurement period	(27)	(47)
International | Defined benefit pension plans | Other investments, plan assets
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	77
End of the measurement period	87	77
International | Defined benefit pension plans | Level 3
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
International | Defined benefit pension plans | Level 3 | Debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
International | Defined benefit pension plans | Level 3 | Corporate debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
International | Defined benefit pension plans | Level 3 | Government debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
International | Defined benefit pension plans | Level 3 | Equity securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
International | Defined benefit pension plans | Level 3 | Real estate - indirect
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
International | Defined benefit pension plans | Level 3 | Alternative investments
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
International | Defined benefit pension plans | Level 3 | Hedge funds
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
International | Defined benefit pension plans | Level 3 | Other alternative investments
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
International | Defined benefit pension plans | Level 3 | Other investments, plan assets
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
International | Other post-retirement defined benefit plans
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0	0
Foreign currency translation impact	0	0
End of the measurement period	0	0
Bank | International | Defined benefit pension plans
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	4,212	4,111
Foreign currency translation impact	132	(257)
End of the measurement period	3,802	4,212
Bank | International | Defined benefit pension plans | Debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	3,813
End of the measurement period	3,531	3,813
Bank | International | Defined benefit pension plans | Corporate debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	1,637
End of the measurement period	1,199	1,637
Bank | International | Defined benefit pension plans | Government debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	2,176
End of the measurement period	2,332	2,176
Bank | International | Defined benefit pension plans | Equity securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	85
End of the measurement period	101	85
Bank | International | Defined benefit pension plans | Real estate - indirect
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	20
End of the measurement period	0	20
Bank | International | Defined benefit pension plans | Alternative investments
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	(47)
End of the measurement period	(27)	(47)
Bank | International | Defined benefit pension plans | Hedge funds
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Bank | International | Defined benefit pension plans | Other alternative investments
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	(47)
End of the measurement period	(27)	(47)
Bank | International | Defined benefit pension plans | Other investments, plan assets
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	77
End of the measurement period	87	77
Bank | International | Defined benefit pension plans | Level 3
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Bank | International | Defined benefit pension plans | Level 3 | Debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Bank | International | Defined benefit pension plans | Level 3 | Corporate debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Bank | International | Defined benefit pension plans | Level 3 | Government debt securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Bank | International | Defined benefit pension plans | Level 3 | Equity securities
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Bank | International | Defined benefit pension plans | Level 3 | Real estate - indirect
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Bank | International | Defined benefit pension plans | Level 3 | Alternative investments
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Bank | International | Defined benefit pension plans | Level 3 | Hedge funds
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Bank | International | Defined benefit pension plans | Level 3 | Other alternative investments
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Bank | International | Defined benefit pension plans | Level 3 | Other investments, plan assets
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0
End of the measurement period	0	0
Bank | International | Other post-retirement defined benefit plans
Defined Benefit Plan, Change in Fair Value of Plan Assets, Level 3 Reconciliation [Roll Forward]
Beginning of the measurement period	0	0
Foreign currency translation impact	0	0
End of the measurement period	SFr 0	SFr 0

Pension and other post-retire_7

Pension and other post-retirement benefits - Weighted-average assumptions (Details 5) - Defined benefit pension plans	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Switzerland
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		100.00%	100.00%
Switzerland | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	100.00%
Switzerland | Cash and cash equivalents
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		1.60%	2.50%
Switzerland | Cash and cash equivalents | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	7.00%
Switzerland | Debt securities
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		35.20%	32.70%
Switzerland | Debt securities | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	32.00%
Switzerland | Equity securities
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		27.30%	29.60%
Switzerland | Equity securities | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	25.00%
Switzerland | Real estate
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		18.40%	18.00%
Switzerland | Real estate | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	21.00%
Switzerland | Alternative investments
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		17.50%	17.20%
Switzerland | Alternative investments | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	15.00%
Switzerland | Insurance
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		0.00%	0.00%
Switzerland | Insurance | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	0.00%
International
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		100.00%	100.00%
International | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	100.00%
International | Cash and cash equivalents
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		2.90%	6.30%
International | Cash and cash equivalents | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	0.30%
International | Debt securities
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		92.90%	90.50%
International | Debt securities | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	93.40%
International | Equity securities
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		2.60%	2.00%
International | Equity securities | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	2.20%
International | Real estate
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		0.00%	0.50%
International | Real estate | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	0.60%
International | Alternative investments
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		(0.70%)	(1.10%)
International | Alternative investments | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	1.20%
International | Insurance
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		2.30%	1.80%
International | Insurance | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	2.30%
Bank | International
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		100.00%	100.00%
Bank | International | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	100.00%
Bank | International | Cash and cash equivalents
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		2.90%	6.30%
Bank | International | Cash and cash equivalents | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	0.30%
Bank | International | Debt securities
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		92.90%	90.50%
Bank | International | Debt securities | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	93.40%
Bank | International | Equity securities
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		2.60%	2.00%
Bank | International | Equity securities | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	2.20%
Bank | International | Real estate
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		0.00%	0.50%
Bank | International | Real estate | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	0.60%
Bank | International | Alternative investments
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		(0.70%)	(1.10%)
Bank | International | Alternative investments | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	1.20%
Bank | International | Insurance
Defined benefit plan, Disclosure
Weighted-average plan asset allocation (as a percent)		2.30%	1.80%
Bank | International | Insurance | Forecast/Estimate
Target asset allocation next fiscal year (%)
Target weighted-average asset allocations (as a percent)	2.30%

Pension and other post-retire_8

Pension and other post-retirement benefits - Estimated future benefit payments (Details 6) SFr in Millions	Dec. 31, 2021CHF (SFr)
Defined benefit pension plans
Estimated future benefit payments
Next twelve months	SFr 987
Year two	916
Year three	914
Year four	899
Year five	904
For five years thereafter	4,485
Other post-retirement defined benefit plans
Estimated future benefit payments
Next twelve months	10
Year two	10
Year three	10
Year four	9
Year five	9
For five years thereafter	34
Bank | International | Defined benefit pension plans
Estimated future benefit payments
Next twelve months	110
Year two	102
Year three	110
Year four	111
Year five	117
For five years thereafter	646
Bank | International | Other post-retirement defined benefit plans
Estimated future benefit payments
Next twelve months	10
Year two	10
Year three	10
Year four	9
Year five	9
For five years thereafter	SFr 34

Pension and other post-retire_9

Pension and other post-retirement benefits - Contributions (Details 7) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Defined Contribution Pension and Other Postretirement Plans Disclosure
Contributions made by the Entity to defined contribution pension plans	SFr 263	SFr 299	SFr 167
Switzerland
Defined Contribution Pension and Other Postretirement Plans Disclosure
Contributions made by the Entity to defined contribution pension plans	100	143
Bank
Defined Contribution Pension and Other Postretirement Plans Disclosure
Contributions made by the Entity to defined contribution pension plans	235	240	150
Contributions made by the Entity to the group defined benefit plan	248	249	SFr 338
Bank | Switzerland
Defined Contribution Pension and Other Postretirement Plans Disclosure
Contributions made by the Entity to defined contribution pension plans	SFr 89	SFr 96

Pension and other post-retir_10

Pension and other post-retirement benefits - Mortality tables and life expectancies (Details 9) - year	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Defined benefit plan, Disclosure
Assumptions pertaining to mortality tables	The BVG 2020 tables were used, which included final 2018 CMI projections, with a long-term rate of improvement of 1.25% per annum. 102% of Self-Administered Pension Scheme (SAPS) S3 light tables were used, which included final CMI projections, with a long-term rate of improvement of 1.25% per annum.
BVG 2020 [Member]
Defined benefit plan, Disclosure
Continuous Mortality Investigation (CMI) model, long-term improvement rate	1.25%
SAPS S3 [Member]
Defined benefit plan, Disclosure
Continuous Mortality Investigation (CMI) model, long-term improvement rate	1.25%
Switzerland | BVG 2020 [Member] | 65
Defined benefit plan, Disclosure
Life expectancy rate at age 65, Male	21.7	21.7
Life expectancy rate at age 65, Female	23.4	23.7
Switzerland | BVG 2020 [Member] | 45
Defined benefit plan, Disclosure
Life expectancy rate at age 65, Male	23.3	23.3
Life expectancy rate at age 65, Female	25	25.3
UK | SAPS S3 [Member] | 65
Defined benefit plan, Disclosure
Life expectancy rate at age 65, Male	23.5	23.3
Life expectancy rate at age 65, Female	25	24.5
UK | SAPS S3 [Member] | 45
Defined benefit plan, Disclosure
Life expectancy rate at age 65, Male	24.7	24.9
Life expectancy rate at age 65, Female	26.4	26.3
US | Pri-2012 [Member] | 65
Defined benefit plan, Disclosure
Life expectancy rate at age 65, Male	20.6	21.1
Life expectancy rate at age 65, Female	22.5	22.8
US | Pri-2012 [Member] | 45
Defined benefit plan, Disclosure
Life expectancy rate at age 65, Male	21.8	22.3
Life expectancy rate at age 65, Female	23.7	23.9
Bank
Defined benefit plan, Disclosure
Assumptions pertaining to mortality tables	102% of Self-Administered Pension Scheme (SAPS) S3 light tables were used, which included proposed CMI projections with a long-term rate of improvement of 1.25% per annum.
Bank | SAPS S3 [Member]
Defined benefit plan, Disclosure
Continuous Mortality Investigation (CMI) model, long-term improvement rate	1.25%
Bank | UK | SAPS S3 [Member] | 65
Defined benefit plan, Disclosure
Life expectancy rate at age 65, Male	23.5	23.3
Life expectancy rate at age 65, Female	25	24.5
Bank | UK | SAPS S3 [Member] | 45
Defined benefit plan, Disclosure
Life expectancy rate at age 65, Male	24.7	24.9
Life expectancy rate at age 65, Female	26.4	26.3
Bank | US | Pri-2012 [Member] | 65
Defined benefit plan, Disclosure
Life expectancy rate at age 65, Male	20.6	21.1
Life expectancy rate at age 65, Female	22.5	22.8
Bank | US | Pri-2012 [Member] | 45
Defined benefit plan, Disclosure
Life expectancy rate at age 65, Male	21.8	22.3
Life expectancy rate at age 65, Female	23.7	23.9

Pension and other post-retir_11

Pension and other post-retirement benefits (Details 11) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Actuarial gains/(losses)
Increase (Decrease) in Accumulated other Comprehensive Income
OCI, before Reclassifications, Net of Tax, Attributable to Parent	SFr 707	SFr (327)	SFr 44
Net prior service credit/ (cost)
Increase (Decrease) in Accumulated other Comprehensive Income
OCI, before Reclassifications, Net of Tax, Attributable to Parent	4	(5)	338
Bank | Actuarial gains/(losses)
Increase (Decrease) in Accumulated other Comprehensive Income
OCI, before Reclassifications, Net of Tax, Attributable to Parent	12	(55)	(42)
Bank | Net prior service credit/ (cost)
Increase (Decrease) in Accumulated other Comprehensive Income
OCI, before Reclassifications, Net of Tax, Attributable to Parent	SFr 4	SFr (4)	SFr 0

Derivatives and hedging activ_3

Derivatives and hedging activities - Fair value - balance sheet related (Details) - CHF (SFr) SFr in Billions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Fair value of derivative instruments
Notional amount	SFr 14,760.3	SFr 17,550
Positive replacement value (PRV)	112.8	146.2
Negative replacement value (NRV)	SFr 111.5	147.5
Cash flow hedges
Maximum Length of Time Hedged in Cash Flow Hedge	12 months
Not designated for hedge accounting
Fair value of derivative instruments
Notional amount	SFr 14,607.8	17,410
Positive replacement value (PRV)	112.3	145.2
Negative replacement value (NRV)	111.2	147.3
Not designated for hedge accounting | Interest rate derivatives
Fair value of derivative instruments
Notional amount	11,541.1	14,555.3
Positive replacement value (PRV)	49.3	74.9
Negative replacement value (NRV)	44.8	71.6
Not designated for hedge accounting | Interest rate derivatives | Forwards and forward rate agreements
Fair value of derivative instruments
Notional amount	1,736	5,221.5
Positive replacement value (PRV)	0.9	2.7
Negative replacement value (NRV)	0.9	2.8
Not designated for hedge accounting | Interest rate derivatives | Swaps
Fair value of derivative instruments
Notional amount	8,810	8,087.8
Positive replacement value (PRV)	36.8	53.5
Negative replacement value (NRV)	33	50.2
Not designated for hedge accounting | Interest rate derivatives | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	779	968.6
Positive replacement value (PRV)	11.5	18.2
Negative replacement value (NRV)	10.9	18
Not designated for hedge accounting | Interest rate derivatives | Futures
Fair value of derivative instruments
Notional amount	144.5	186.5
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Not designated for hedge accounting | Interest rate derivatives | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	71.6	90.9
Positive replacement value (PRV)	0.1	0.5
Negative replacement value (NRV)	0	0.6
Not designated for hedge accounting | Foreign exchange derivatives
Fair value of derivative instruments
Notional amount	1,585	1,469.9
Positive replacement value (PRV)	20.9	24.4
Negative replacement value (NRV)	22.8	28.9
Not designated for hedge accounting | Foreign exchange derivatives | Forwards
Fair value of derivative instruments
Notional amount	1,052.9	928.4
Positive replacement value (PRV)	7.6	10.1
Negative replacement value (NRV)	8.2	11.8
Not designated for hedge accounting | Foreign exchange derivatives | Swaps
Fair value of derivative instruments
Notional amount	345.3	345.8
Positive replacement value (PRV)	11.3	10.9
Negative replacement value (NRV)	12.4	13.4
Not designated for hedge accounting | Foreign exchange derivatives | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	174.9	185.9
Positive replacement value (PRV)	2	3.4
Negative replacement value (NRV)	2.2	3.7
Not designated for hedge accounting | Foreign exchange derivatives | Futures
Fair value of derivative instruments
Notional amount	10.3	8.8
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Not designated for hedge accounting | Foreign exchange derivatives | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	1.6	1
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Not designated for hedge accounting | Credit derivatives
Fair value of derivative instruments
Notional amount	506.8	467.8
Positive replacement value (PRV)	5	4.9
Negative replacement value (NRV)	6.3	6
Not designated for hedge accounting | Equity/index-related derivatives
Fair value of derivative instruments
Notional amount	921.6	864.4
Positive replacement value (PRV)	35.5	39.2
Negative replacement value (NRV)	36.6	39.8
Not designated for hedge accounting | Equity/index-related derivatives | Forwards
Fair value of derivative instruments
Notional amount	0.9	1
Positive replacement value (PRV)	0.1	0
Negative replacement value (NRV)	0	0.3
Not designated for hedge accounting | Equity/index-related derivatives | Swaps
Fair value of derivative instruments
Notional amount	94.7	167.6
Positive replacement value (PRV)	1.4	4.3
Negative replacement value (NRV)	2.6	8.8
Not designated for hedge accounting | Equity/index-related derivatives | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	243.9	218.3
Positive replacement value (PRV)	11.1	14.9
Negative replacement value (NRV)	12.5	10
Not designated for hedge accounting | Equity/index-related derivatives | Futures
Fair value of derivative instruments
Notional amount	46.3	23.5
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Not designated for hedge accounting | Equity/index-related derivatives | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	535.8	454
Positive replacement value (PRV)	22.9	20
Negative replacement value (NRV)	21.5	20.7
Not designated for hedge accounting | Other products
Fair value of derivative instruments
Notional amount	53.3	52.6
Positive replacement value (PRV)	1.6	1.8
Negative replacement value (NRV)	0.7	1
Not designated for hedge accounting | Other products | Forwards
Fair value of derivative instruments
Notional amount	9.9	12.2
Positive replacement value (PRV)	0.2	0.3
Negative replacement value (NRV)	0.1	0.2
Not designated for hedge accounting | Other products | Swaps
Fair value of derivative instruments
Notional amount	12	9.8
Positive replacement value (PRV)	1.1	1.1
Negative replacement value (NRV)	0.4	0.5
Not designated for hedge accounting | Other products | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	11.1	14.8
Positive replacement value (PRV)	0.2	0.3
Negative replacement value (NRV)	0.1	0.2
Not designated for hedge accounting | Other products | Futures
Fair value of derivative instruments
Notional amount	11.1	4.2
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Not designated for hedge accounting | Other products | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	9.2	11.6
Positive replacement value (PRV)	0.1	0.1
Negative replacement value (NRV)	0.1	0.1
Designated for hedge accounting
Fair value of derivative instruments
Notional amount	152.5	140
Positive replacement value (PRV)	0.5	1
Negative replacement value (NRV)	0.3	0.2
Designated for hedge accounting | Interest rate derivatives
Fair value of derivative instruments
Notional amount	131.4	126.1
Positive replacement value (PRV)	0.4	0.9
Negative replacement value (NRV)	0.2	0.1
Designated for hedge accounting | Interest rate derivatives | Forwards and forward rate agreements
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Interest rate derivatives | Swaps
Fair value of derivative instruments
Notional amount	131.4	126.1
Positive replacement value (PRV)	0.4	0.9
Negative replacement value (NRV)	0.2	0.1
Designated for hedge accounting | Interest rate derivatives | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Interest rate derivatives | Futures
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Interest rate derivatives | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Foreign exchange derivatives
Fair value of derivative instruments
Notional amount	21.1	13.9
Positive replacement value (PRV)	0.1	0.1
Negative replacement value (NRV)	0.1	0.1
Designated for hedge accounting | Foreign exchange derivatives | Forwards
Fair value of derivative instruments
Notional amount	21.1	13.9
Positive replacement value (PRV)	0.1	0.1
Negative replacement value (NRV)	0.1	0.1
Designated for hedge accounting | Foreign exchange derivatives | Swaps
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Foreign exchange derivatives | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Foreign exchange derivatives | Futures
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Foreign exchange derivatives | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Credit derivatives
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Equity/index-related derivatives
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Equity/index-related derivatives | Forwards
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Equity/index-related derivatives | Swaps
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Equity/index-related derivatives | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Equity/index-related derivatives | Futures
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Equity/index-related derivatives | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Other products
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Other products | Forwards
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Other products | Swaps
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Other products | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Other products | Futures
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Designated for hedge accounting | Other products | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank
Fair value of derivative instruments
Notional amount	14,765.2	17,550.9
Positive replacement value (PRV)	112.9	146.2
Negative replacement value (NRV)	SFr 111.5	147.6
Cash flow hedges
Maximum Length of Time Hedged in Cash Flow Hedge	12 months
Bank | Not designated for hedge accounting
Fair value of derivative instruments
Notional amount	SFr 14,616.6	17,410.9
Positive replacement value (PRV)	112.4	145.2
Negative replacement value (NRV)	111.2	147.4
Bank | Not designated for hedge accounting | Interest rate derivatives
Fair value of derivative instruments
Notional amount	11,549.9	14,556.2
Positive replacement value (PRV)	49.4	74.9
Negative replacement value (NRV)	44.8	71.7
Bank | Not designated for hedge accounting | Interest rate derivatives | Forwards and forward rate agreements
Fair value of derivative instruments
Notional amount	1,736	5,221.5
Positive replacement value (PRV)	0.9	2.7
Negative replacement value (NRV)	0.9	2.8
Bank | Not designated for hedge accounting | Interest rate derivatives | Swaps
Fair value of derivative instruments
Notional amount	8,818.8	8,088.7
Positive replacement value (PRV)	36.9	53.5
Negative replacement value (NRV)	33	50.3
Bank | Not designated for hedge accounting | Interest rate derivatives | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	779	968.6
Positive replacement value (PRV)	11.5	18.2
Negative replacement value (NRV)	10.9	18
Bank | Not designated for hedge accounting | Interest rate derivatives | Futures
Fair value of derivative instruments
Notional amount	144.5	186.5
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Not designated for hedge accounting | Interest rate derivatives | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	71.6	90.9
Positive replacement value (PRV)	0.1	0.5
Negative replacement value (NRV)	0	0.6
Bank | Not designated for hedge accounting | Foreign exchange derivatives
Fair value of derivative instruments
Notional amount	1,585	1,469.9
Positive replacement value (PRV)	20.9	24.4
Negative replacement value (NRV)	22.8	28.9
Bank | Not designated for hedge accounting | Foreign exchange derivatives | Forwards
Fair value of derivative instruments
Notional amount	1,052.9	928.4
Positive replacement value (PRV)	7.6	10.1
Negative replacement value (NRV)	8.2	11.8
Bank | Not designated for hedge accounting | Foreign exchange derivatives | Swaps
Fair value of derivative instruments
Notional amount	345.3	345.8
Positive replacement value (PRV)	11.3	10.9
Negative replacement value (NRV)	12.4	13.4
Bank | Not designated for hedge accounting | Foreign exchange derivatives | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	174.9	185.9
Positive replacement value (PRV)	2	3.4
Negative replacement value (NRV)	2.2	3.7
Bank | Not designated for hedge accounting | Foreign exchange derivatives | Futures
Fair value of derivative instruments
Notional amount	10.3	8.8
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Not designated for hedge accounting | Foreign exchange derivatives | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	1.6	1
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Not designated for hedge accounting | Credit derivatives
Fair value of derivative instruments
Notional amount	506.8	467.8
Positive replacement value (PRV)	5	4.9
Negative replacement value (NRV)	6.3	6
Bank | Not designated for hedge accounting | Equity/index-related derivatives
Fair value of derivative instruments
Notional amount	921.6	864.4
Positive replacement value (PRV)	35.5	39.2
Negative replacement value (NRV)	36.6	39.8
Bank | Not designated for hedge accounting | Equity/index-related derivatives | Forwards
Fair value of derivative instruments
Notional amount	0.9	1
Positive replacement value (PRV)	0.1	0
Negative replacement value (NRV)	0	0.3
Bank | Not designated for hedge accounting | Equity/index-related derivatives | Swaps
Fair value of derivative instruments
Notional amount	94.7	167.6
Positive replacement value (PRV)	1.4	4.3
Negative replacement value (NRV)	2.6	8.8
Bank | Not designated for hedge accounting | Equity/index-related derivatives | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	243.9	218.3
Positive replacement value (PRV)	11.1	14.9
Negative replacement value (NRV)	12.5	10
Bank | Not designated for hedge accounting | Equity/index-related derivatives | Futures
Fair value of derivative instruments
Notional amount	46.3	23.5
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Not designated for hedge accounting | Equity/index-related derivatives | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	535.8	454
Positive replacement value (PRV)	22.9	20
Negative replacement value (NRV)	21.5	20.7
Bank | Not designated for hedge accounting | Other products
Fair value of derivative instruments
Notional amount	53.3	52.6
Positive replacement value (PRV)	1.6	1.8
Negative replacement value (NRV)	0.7	1
Bank | Not designated for hedge accounting | Other products | Forwards
Fair value of derivative instruments
Notional amount	9.9	12.2
Positive replacement value (PRV)	0.2	0.3
Negative replacement value (NRV)	0.1	0.2
Bank | Not designated for hedge accounting | Other products | Swaps
Fair value of derivative instruments
Notional amount	12	9.8
Positive replacement value (PRV)	1.1	1.1
Negative replacement value (NRV)	0.4	0.5
Bank | Not designated for hedge accounting | Other products | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	11.1	14.8
Positive replacement value (PRV)	0.2	0.3
Negative replacement value (NRV)	0.1	0.2
Bank | Not designated for hedge accounting | Other products | Futures
Fair value of derivative instruments
Notional amount	11.1	4.2
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Not designated for hedge accounting | Other products | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	9.2	11.6
Positive replacement value (PRV)	0.1	0.1
Negative replacement value (NRV)	0.1	0.1
Bank | Designated for hedge accounting
Fair value of derivative instruments
Notional amount	148.6	140
Positive replacement value (PRV)	0.5	1
Negative replacement value (NRV)	0.3	0.2
Bank | Designated for hedge accounting | Interest rate derivatives
Fair value of derivative instruments
Notional amount	127.5	126.1
Positive replacement value (PRV)	0.4	0.9
Negative replacement value (NRV)	0.2	0.1
Bank | Designated for hedge accounting | Interest rate derivatives | Forwards and forward rate agreements
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Interest rate derivatives | Swaps
Fair value of derivative instruments
Notional amount	127.5	126.1
Positive replacement value (PRV)	0.4	0.9
Negative replacement value (NRV)	0.2	0.1
Bank | Designated for hedge accounting | Interest rate derivatives | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Interest rate derivatives | Futures
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Interest rate derivatives | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Foreign exchange derivatives
Fair value of derivative instruments
Notional amount	21.1	13.9
Positive replacement value (PRV)	0.1	0.1
Negative replacement value (NRV)	0.1	0.1
Bank | Designated for hedge accounting | Foreign exchange derivatives | Forwards
Fair value of derivative instruments
Notional amount	21.1	13.9
Positive replacement value (PRV)	0.1	0.1
Negative replacement value (NRV)	0.1	0.1
Bank | Designated for hedge accounting | Foreign exchange derivatives | Swaps
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Foreign exchange derivatives | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Foreign exchange derivatives | Futures
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Foreign exchange derivatives | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Credit derivatives
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Equity/index-related derivatives
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Equity/index-related derivatives | Forwards
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Equity/index-related derivatives | Swaps
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Equity/index-related derivatives | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Equity/index-related derivatives | Futures
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Equity/index-related derivatives | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Other products
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Other products | Forwards
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Other products | Swaps
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Other products | Options bought and sold (OTC)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Other products | Futures
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	0	0
Bank | Designated for hedge accounting | Other products | Options bought and sold (exchange traded)
Fair value of derivative instruments
Notional amount	0	0
Positive replacement value (PRV)	0	0
Negative replacement value (NRV)	SFr 0	SFr 0

Derivatives and hedging activ_4

Derivatives and hedging activities - Movements (Details 2) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Fair value hedges | Interest rate derivatives | Interest and dividend income [Member]
Derivative Instruments, Gain (Loss)
Hedged items	SFr 1,673	SFr (1,679)	SFr (1,721)
Derivatives designated as hedging instruments	(1,597)	1,564	1,550
Cash flow hedges
Derivative Instruments, Gain (Loss)
Expected reclassification of net gains/(losses) from AOCI into earnings during the next 12 months	(17)
Cash flow hedges | Trading Revenue [Member]
Derivative Instruments, Gain (Loss)
Gain (Loss) from Components Excluded from Assessment of Cash Flow Hedge Effectiveness, Net	0	1	(20)
Cash flow hedges | Interest rate derivatives
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	(314)	134	85
Cash flow hedges | Interest rate derivatives | Interest and dividend income [Member]
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	7	(70)	3
Cash flow hedges | Foreign exchange derivatives
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	(9)	(33)	4
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	34	(32)	(27)
Cash flow hedges | Foreign exchange derivatives | Trading Revenue [Member]
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	0	(30)	(7)
Cash flow hedges | Foreign exchange derivatives | Other Expense [Member]
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	34	(2)	(16)
Cash flow hedges | Foreign exchange derivatives | Other Income [Member]
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	0	0	(4)
Net investment hedges | Foreign exchange derivatives
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	47	458	(138)
Net investment hedges | Foreign exchange derivatives | Other Income [Member]
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	0	10	0
Bank | Fair value hedges | Interest rate derivatives | Interest and dividend income [Member]
Derivative Instruments, Gain (Loss)
Hedged items	1,523	(1,679)	(1,721)
Derivatives designated as hedging instruments	(1,448)	1,564	1,550
Bank | Cash flow hedges
Derivative Instruments, Gain (Loss)
Expected reclassification of net gains/(losses) from AOCI into earnings during the next 12 months	(17)
Bank | Cash flow hedges | Trading Revenue [Member]
Derivative Instruments, Gain (Loss)
Gain (Loss) from Components Excluded from Assessment of Cash Flow Hedge Effectiveness, Net	0	1	(20)
Bank | Cash flow hedges | Interest rate derivatives
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	(314)	134	85
Bank | Cash flow hedges | Interest rate derivatives | Interest and dividend income [Member]
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	7	(70)	3
Bank | Cash flow hedges | Foreign exchange derivatives
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	(9)	(33)	(5)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	34	(32)	(23)
Bank | Cash flow hedges | Foreign exchange derivatives | Trading Revenue [Member]
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	0	(30)	(7)
Bank | Cash flow hedges | Foreign exchange derivatives | Other Expense [Member]
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	34	(2)	(16)
Bank | Cash flow hedges | Foreign exchange derivatives | Other Income [Member]
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	0	0	0
Bank | Net investment hedges | Foreign exchange derivatives
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	51	451	(133)
Bank | Net investment hedges | Foreign exchange derivatives | Other Income [Member]
Derivative Instruments, Gain (Loss)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	SFr 0	SFr 10	SFr 0

Derivatives and hedging activ_5

Derivatives and hedging activities - Contingent credit risk (Details 3) - CHF (SFr) SFr in Billions	Dec. 31, 2021	Dec. 31, 2020
Contingent credit risk
Current net exposure	SFr 2.6	SFr 3.4
Collateral posted	1.9	2.4
Scenario, Impact of a one-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0.1	0
Scenario, Impact of a two-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0.2	0
Scenario, Impact of a three-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0.8	0.7
Bilateral counterparties
Contingent credit risk
Current net exposure	2.3	3
Collateral posted	1.9	2.4
Bilateral counterparties | Scenario, Impact of a one-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0.1	0
Bilateral counterparties | Scenario, Impact of a two-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0.2	0
Bilateral counterparties | Scenario, Impact of a three-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0.7	0.5
Special purpose entities
Contingent credit risk
Current net exposure	0	0
Collateral posted	0	0
Special purpose entities | Scenario, Impact of a one-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0	0
Special purpose entities | Scenario, Impact of a two-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0	0
Special purpose entities | Scenario, Impact of a three-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0	0
Accelerated terminations
Contingent credit risk
Current net exposure	0.3	0.4
Accelerated terminations | Scenario, Impact of a one-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0	0
Accelerated terminations | Scenario, Impact of a two-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0	0
Accelerated terminations | Scenario, Impact of a three-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0.1	0.2
Bank
Contingent credit risk
Current net exposure	2.6	3.4
Collateral posted	1.9	2.4
Bank | Scenario, Impact of a one-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0.1	0
Bank | Scenario, Impact of a two-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0.2	0
Bank | Scenario, Impact of a three-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0.8	0.7
Bank | Bilateral counterparties
Contingent credit risk
Current net exposure	2.3	3
Collateral posted	1.9	2.4
Bank | Bilateral counterparties | Scenario, Impact of a one-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0.1	0
Bank | Bilateral counterparties | Scenario, Impact of a two-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0.2	0
Bank | Bilateral counterparties | Scenario, Impact of a three-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0.7	0.5
Bank | Special purpose entities
Contingent credit risk
Current net exposure	0	0
Collateral posted	0	0
Bank | Special purpose entities | Scenario, Impact of a one-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0	0
Bank | Special purpose entities | Scenario, Impact of a two-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0	0
Bank | Special purpose entities | Scenario, Impact of a three-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0	0
Bank | Accelerated terminations
Contingent credit risk
Current net exposure	0.3	0.4
Bank | Accelerated terminations | Scenario, Impact of a one-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0	0
Bank | Accelerated terminations | Scenario, Impact of a two-notch downgrade event [Member]
Contingent credit risk
Collateral posted	0	0
Bank | Accelerated terminations | Scenario, Impact of a three-notch downgrade event [Member]
Contingent credit risk
Collateral posted	SFr 0.1	SFr 0.2

Derivatives and hedging activ_6

Derivatives and hedging activities - Credit protection sold/purchased (Details 4) - CHF (SFr) SFr in Billions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Credit protection sold/purchased
Credit protection sold	SFr (230.3)	SFr (204.8)
Credit protection purchased	213.7	189.4
Net credit protection (sold)/purchased	(16.6)	(15.4)
Other protection purchased	50.8	59.2
Fair value of credit protection sold	1.2	0.4
Total return swaps
Credit protection sold/purchased
Credit protection sold	(12)	(14.4)
Maturity less than 1 year
Credit protection sold/purchased
Credit protection sold	(54.3)	(43.6)
Maturity between 1 to 5 years
Credit protection sold/purchased
Credit protection sold	(161.9)	(145.3)
Maturity greater than 5 years
Credit protection sold/purchased
Credit protection sold	(14.1)	(15.9)
Government debt securities
Credit protection sold/purchased
Credit protection sold	(13.5)	(12.5)
Credit protection purchased	12.2	11.6
Net credit protection (sold)/purchased	(1.3)	(0.9)
Other protection purchased	4	5.3
Fair value of credit protection sold	(0.1)	0
Non-sovereigns
Credit protection sold/purchased
Credit protection sold	(216.8)	(192.3)
Credit protection purchased	201.5	177.8
Net credit protection (sold)/purchased	(15.3)	(14.5)
Other protection purchased	46.8	53.9
Fair value of credit protection sold	1.3	0.4
Investment grade
Credit protection sold/purchased
Credit protection sold	(163.1)	(152)
Credit protection purchased	151.6	143
Net credit protection (sold)/purchased	(11.5)	(9)
Other protection purchased	30.3	36.1
Fair value of credit protection sold	1.3	(0.2)
Non-investment grade
Credit protection sold/purchased
Credit protection sold	(67.2)	(52.8)
Credit protection purchased	62.1	46.4
Net credit protection (sold)/purchased	(5.1)	(6.4)
Other protection purchased	20.5	23.1
Fair value of credit protection sold	(0.1)	0.6
Single-name instruments
Credit protection sold/purchased
Credit protection sold	(91.7)	(81)
Credit protection purchased	84.5	74.3
Net credit protection (sold)/purchased	(7.2)	(6.7)
Other protection purchased	18	24.8
Fair value of credit protection sold	1	0.9
Single-name instruments | Maturity less than 1 year
Credit protection sold/purchased
Credit protection sold	(14.4)	(14)
Single-name instruments | Maturity between 1 to 5 years
Credit protection sold/purchased
Credit protection sold	(73.6)	(62.7)
Single-name instruments | Maturity greater than 5 years
Credit protection sold/purchased
Credit protection sold	(3.7)	(4.3)
Single-name instruments | Government debt securities
Credit protection sold/purchased
Credit protection sold	(13.5)	(12.5)
Credit protection purchased	12.2	11.6
Net credit protection (sold)/purchased	(1.3)	(0.9)
Other protection purchased	4	5.3
Fair value of credit protection sold	(0.1)	0
Single-name instruments | Non-sovereigns
Credit protection sold/purchased
Credit protection sold	(78.2)	(68.5)
Credit protection purchased	72.3	62.7
Net credit protection (sold)/purchased	(5.9)	(5.8)
Other protection purchased	14	19.5
Fair value of credit protection sold	1.1	0.9
Single-name instruments | Investment grade
Credit protection sold/purchased
Credit protection sold	(60.2)	(52.5)
Credit protection purchased	55.6	47.8
Net credit protection (sold)/purchased	(4.6)	(4.7)
Other protection purchased	10.1	13
Fair value of credit protection sold	0.6	0.5
Single-name instruments | Non-investment grade
Credit protection sold/purchased
Credit protection sold	(31.5)	(28.5)
Credit protection purchased	28.9	26.5
Net credit protection (sold)/purchased	(2.6)	(2)
Other protection purchased	7.9	11.8
Fair value of credit protection sold	0.4	0.4
Multi-name instruments
Credit protection sold/purchased
Credit protection sold	(138.6)	(123.8)
Credit protection purchased	129.2	115.1
Net credit protection (sold)/purchased	(9.4)	(8.7)
Other protection purchased	32.8	34.4
Fair value of credit protection sold	0.2	(0.5)
Multi-name instruments | Maturity less than 1 year
Credit protection sold/purchased
Credit protection sold	(39.9)	(29.6)
Multi-name instruments | Maturity between 1 to 5 years
Credit protection sold/purchased
Credit protection sold	(88.3)	(82.6)
Multi-name instruments | Maturity greater than 5 years
Credit protection sold/purchased
Credit protection sold	(10.4)	(11.6)
Multi-name instruments | Non-sovereigns
Credit protection sold/purchased
Credit protection sold	(138.6)	(123.8)
Credit protection purchased	129.2	115.1
Net credit protection (sold)/purchased	(9.4)	(8.7)
Other protection purchased	32.8	34.4
Fair value of credit protection sold	0.2	(0.5)
Multi-name instruments | Investment grade
Credit protection sold/purchased
Credit protection sold	(102.9)	(99.5)
Credit protection purchased	96	95.2
Net credit protection (sold)/purchased	(6.9)	(4.3)
Other protection purchased	20.2	23.1
Fair value of credit protection sold	0.7	(0.7)
Multi-name instruments | Non-investment grade
Credit protection sold/purchased
Credit protection sold	(35.7)	(24.3)
Credit protection purchased	33.2	19.9
Net credit protection (sold)/purchased	(2.5)	(4.4)
Other protection purchased	12.6	11.3
Fair value of credit protection sold	(0.5)	0.2
Bank
Credit protection sold/purchased
Credit protection sold	(230.3)	(204.8)
Credit protection purchased	213.7	189.4
Net credit protection (sold)/purchased	(16.6)	(15.4)
Other protection purchased	50.8	59.2
Fair value of credit protection sold	1.2	0.4
Bank | Total return swaps
Credit protection sold/purchased
Credit protection sold	(12)	(14.4)
Bank | Maturity less than 1 year
Credit protection sold/purchased
Credit protection sold	(54.3)	(43.6)
Bank | Maturity between 1 to 5 years
Credit protection sold/purchased
Credit protection sold	(161.9)	(145.3)
Bank | Maturity greater than 5 years
Credit protection sold/purchased
Credit protection sold	(14.1)	(15.9)
Bank | Government debt securities
Credit protection sold/purchased
Credit protection sold	(13.5)	(12.5)
Credit protection purchased	12.2	11.6
Net credit protection (sold)/purchased	(1.3)	(0.9)
Other protection purchased	4	5.3
Fair value of credit protection sold	(0.1)	0
Bank | Non-sovereigns
Credit protection sold/purchased
Credit protection sold	(216.8)	(192.3)
Credit protection purchased	201.5	177.8
Net credit protection (sold)/purchased	(15.3)	(14.5)
Other protection purchased	46.8	53.9
Fair value of credit protection sold	1.3	0.4
Bank | Investment grade
Credit protection sold/purchased
Credit protection sold	(163.1)	(152)
Credit protection purchased	151.6	143
Net credit protection (sold)/purchased	(11.5)	(9)
Other protection purchased	30.3	36.1
Fair value of credit protection sold	1.3	(0.2)
Bank | Non-investment grade
Credit protection sold/purchased
Credit protection sold	(67.2)	(52.8)
Credit protection purchased	62.1	46.4
Net credit protection (sold)/purchased	(5.1)	(6.4)
Other protection purchased	20.5	23.1
Fair value of credit protection sold	(0.1)	0.6
Bank | Single-name instruments
Credit protection sold/purchased
Credit protection sold	(91.7)	(81)
Credit protection purchased	84.5	74.3
Net credit protection (sold)/purchased	(7.2)	(6.7)
Other protection purchased	18	24.8
Fair value of credit protection sold	1	0.9
Bank | Single-name instruments | Maturity less than 1 year
Credit protection sold/purchased
Credit protection sold	(14.4)	(14)
Bank | Single-name instruments | Maturity between 1 to 5 years
Credit protection sold/purchased
Credit protection sold	(73.6)	(62.7)
Bank | Single-name instruments | Maturity greater than 5 years
Credit protection sold/purchased
Credit protection sold	(3.7)	(4.3)
Bank | Single-name instruments | Government debt securities
Credit protection sold/purchased
Credit protection sold	(13.5)	(12.5)
Credit protection purchased	12.2	11.6
Net credit protection (sold)/purchased	(1.3)	(0.9)
Other protection purchased	4	5.3
Fair value of credit protection sold	(0.1)	0
Bank | Single-name instruments | Non-sovereigns
Credit protection sold/purchased
Credit protection sold	(78.2)	(68.5)
Credit protection purchased	72.3	62.7
Net credit protection (sold)/purchased	(5.9)	(5.8)
Other protection purchased	14	19.5
Fair value of credit protection sold	1.1	0.9
Bank | Single-name instruments | Investment grade
Credit protection sold/purchased
Credit protection sold	(60.2)	(52.5)
Credit protection purchased	55.6	47.8
Net credit protection (sold)/purchased	(4.6)	(4.7)
Other protection purchased	10.1	13
Fair value of credit protection sold	0.6	0.5
Bank | Single-name instruments | Non-investment grade
Credit protection sold/purchased
Credit protection sold	(31.5)	(28.5)
Credit protection purchased	28.9	26.5
Net credit protection (sold)/purchased	(2.6)	(2)
Other protection purchased	7.9	11.8
Fair value of credit protection sold	0.4	0.4
Bank | Multi-name instruments
Credit protection sold/purchased
Credit protection sold	(138.6)	(123.8)
Credit protection purchased	129.2	115.1
Net credit protection (sold)/purchased	(9.4)	(8.7)
Other protection purchased	32.8	34.4
Fair value of credit protection sold	0.2	(0.5)
Bank | Multi-name instruments | Maturity less than 1 year
Credit protection sold/purchased
Credit protection sold	(39.9)	(29.6)
Bank | Multi-name instruments | Maturity between 1 to 5 years
Credit protection sold/purchased
Credit protection sold	(88.3)	(82.6)
Bank | Multi-name instruments | Maturity greater than 5 years
Credit protection sold/purchased
Credit protection sold	(10.4)	(11.6)
Bank | Multi-name instruments | Non-sovereigns
Credit protection sold/purchased
Credit protection sold	(138.6)	(123.8)
Credit protection purchased	129.2	115.1
Net credit protection (sold)/purchased	(9.4)	(8.7)
Other protection purchased	32.8	34.4
Fair value of credit protection sold	0.2	(0.5)
Bank | Multi-name instruments | Investment grade
Credit protection sold/purchased
Credit protection sold	(102.9)	(99.5)
Credit protection purchased	96	95.2
Net credit protection (sold)/purchased	(6.9)	(4.3)
Other protection purchased	20.2	23.1
Fair value of credit protection sold	0.7	(0.7)
Bank | Multi-name instruments | Non-investment grade
Credit protection sold/purchased
Credit protection sold	(35.7)	(24.3)
Credit protection purchased	33.2	19.9
Net credit protection (sold)/purchased	(2.5)	(4.4)
Other protection purchased	12.6	11.3
Fair value of credit protection sold	SFr (0.5)	SFr 0.2

Derivatives and hedging activ_7

Derivatives and hedging activities - Credit derivatives (Details 5) - CHF (SFr) SFr in Billions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Credit Derivatives [Line Items]
Credit protection sold	SFr 230.3	SFr 204.8
Credit protection purchased	213.7	189.4
Other protection purchased	50.8	59.2
Other instruments	12	14.4
Total credit derivatives	506.8	467.8
Bank
Credit Derivatives [Line Items]
Credit protection sold	230.3	204.8
Credit protection purchased	213.7	189.4
Other protection purchased	50.8	59.2
Other instruments	12	14.4
Total credit derivatives	SFr 506.8	SFr 467.8

Derivatives and hedging activ_8

Derivatives and hedging activities (Details 6) - CHF (SFr) SFr in Billions	Dec. 31, 2021	Dec. 31, 2020
Investment securities
Hedged items in fair value hedges [Line Items]
Hedged Asset, Fair Value Hedge	SFr 0.8	SFr 0.4
Hedged Asset, Fair Value Hedge, Cumulative Increase (Decrease)	0	0
Hedged Asset, Discontinued Fair Value Hedge, Cumulative Increase (Decrease)	0	0
Long-term debt
Hedged items in fair value hedges [Line Items]
Hedged Liability, Fair Value Hedge	69.4	65.8
Hedged Liability, Fair Value Hedge, Cumulative Increase (Decrease)	(0.2)	1.9
Hedged Liability, Discontinued Fair Value Hedge, Cumulative Increase (Decrease)	0.8	0.8
Net loans
Hedged items in fair value hedges [Line Items]
Hedged Asset, Fair Value Hedge	16.6	20.5
Hedged Asset, Fair Value Hedge, Cumulative Increase (Decrease)	(0.2)	0.2
Hedged Asset, Discontinued Fair Value Hedge, Cumulative Increase (Decrease)	0.2	0.5
Bank | Investment securities
Hedged items in fair value hedges [Line Items]
Hedged Asset, Fair Value Hedge	0.8	0.4
Hedged Asset, Fair Value Hedge, Cumulative Increase (Decrease)	0	0
Hedged Asset, Discontinued Fair Value Hedge, Cumulative Increase (Decrease)	0	0
Bank | Long-term debt
Hedged items in fair value hedges [Line Items]
Hedged Liability, Fair Value Hedge	65.6	65.8
Hedged Liability, Fair Value Hedge, Cumulative Increase (Decrease)	(0.1)	1.9
Hedged Liability, Discontinued Fair Value Hedge, Cumulative Increase (Decrease)	0.8	0.8
Bank | Net loans
Hedged items in fair value hedges [Line Items]
Hedged Asset, Fair Value Hedge	16.6	20.5
Hedged Asset, Fair Value Hedge, Cumulative Increase (Decrease)	(0.2)	0.2
Hedged Asset, Discontinued Fair Value Hedge, Cumulative Increase (Decrease)	SFr 0.2	SFr 0.5

Guarantees and commitments - Gu

Guarantees and commitments - Guarantees maturity (Details) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Guarantees
Maturity less than 1 year	SFr 15,492	SFr 12,986
Maturity between 1 to 3 years	6,909	9,581
Maturity between 3 to 5 years	1,620	2,438
Maturity greater than 5 years	2,659	2,826
Total gross amount	26,680	27,831
Total net amount	25,563	26,824
Carrying value	425	300
Collateral received	9,408	7,897
Credit guarantees and similar instruments
Guarantees
Maturity less than 1 year	2,124	1,645
Maturity between 1 to 3 years	1,049	649
Maturity between 3 to 5 years	197	203
Maturity greater than 5 years	561	582
Total gross amount	3,931	3,079
Total net amount	3,874	3,016
Carrying value	25	27
Collateral received	2,014	1,637
Performance guarantees and similar instruments
Guarantees
Maturity less than 1 year	3,982	3,607
Maturity between 1 to 3 years	2,253	1,885
Maturity between 3 to 5 years	555	526
Maturity greater than 5 years	528	514
Total gross amount	7,318	6,532
Total net amount	6,299	5,601
Carrying value	40	30
Collateral received	3,605	2,535
Derivatives
Guarantees
Maturity less than 1 year	5,374	4,179
Maturity between 1 to 3 years	2,567	6,051
Maturity between 3 to 5 years	561	1,288
Maturity greater than 5 years	419	559
Total gross amount	8,921	12,077
Total net amount	8,921	12,077
Carrying value	289	158
Other guarantees
Guarantees
Maturity less than 1 year	4,012	3,555
Maturity between 1 to 3 years	1,040	996
Maturity between 3 to 5 years	307	421
Maturity greater than 5 years	1,151	1,171
Total gross amount	6,510	6,143
Total net amount	6,469	6,130
Carrying value	71	85
Collateral received	3,789	3,725
Bank
Guarantees
Maturity less than 1 year	15,492	12,986
Maturity between 1 to 3 years	6,909	9,585
Maturity between 3 to 5 years	1,620	2,438
Maturity greater than 5 years	2,659	2,826
Total gross amount	26,680	27,835
Total net amount	25,563	26,828
Carrying value	425	300
Collateral received	9,408	7,897
Bank | Credit guarantees and similar instruments
Guarantees
Maturity less than 1 year	2,124	1,645
Maturity between 1 to 3 years	1,049	653
Maturity between 3 to 5 years	197	203
Maturity greater than 5 years	561	582
Total gross amount	3,931	3,083
Total net amount	3,874	3,020
Carrying value	25	27
Collateral received	2,014	1,637
Bank | Performance guarantees and similar instruments
Guarantees
Maturity less than 1 year	3,982	3,607
Maturity between 1 to 3 years	2,253	1,885
Maturity between 3 to 5 years	555	526
Maturity greater than 5 years	528	514
Total gross amount	7,318	6,532
Total net amount	6,299	5,601
Carrying value	40	30
Collateral received	3,605	2,535
Bank | Derivatives
Guarantees
Maturity less than 1 year	5,374	4,179
Maturity between 1 to 3 years	2,567	6,051
Maturity between 3 to 5 years	561	1,288
Maturity greater than 5 years	419	559
Total gross amount	8,921	12,077
Total net amount	8,921	12,077
Carrying value	289	158
Bank | Other guarantees
Guarantees
Maturity less than 1 year	4,012	3,555
Maturity between 1 to 3 years	1,040	996
Maturity between 3 to 5 years	307	421
Maturity greater than 5 years	1,151	1,171
Total gross amount	6,510	6,143
Total net amount	6,469	6,130
Carrying value	71	85
Collateral received	SFr 3,789	SFr 3,725

Guarantees and commitments - Ot

Guarantees and commitments - Other guarantees (Details 2) - CHF (SFr) SFr in Billions	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Guarantees
Amount jointly guaranteed by deposit-taking banks and securities dealers in Switzerland		SFr 6
Group's share in amount jointly guaranteed by deposit-taking banks and securities dealers in Switzerland	SFr 0.5
Bank
Guarantees
Amount jointly guaranteed by deposit-taking banks and securities dealers in Switzerland		SFr 6
Group's share in amount jointly guaranteed by deposit-taking banks and securities dealers in Switzerland	SFr 0.5

Guarantees and commitments - _2

Guarantees and commitments - Other commitments maturity (Details 7) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Other commitments
Maturity less than 1 year	SFr 28,342	SFr 23,880
Maturity between 1 to 3 years	44,275	50,370
Maturity between 3 to 5 years	43,859	39,614
Maturity greater than 5 years	11,857	11,130
Total gross amount	128,333	124,994
Total net amount	123,745	121,039
Collateral received	59,041	55,479
Unused revocable credit limits	143,992	130,877
Irrevocable commitments under documentary credits
Other commitments
Maturity less than 1 year	4,796	3,915
Maturity between 1 to 3 years	116	97
Maturity between 3 to 5 years	0	0
Maturity greater than 5 years	0	0
Total gross amount	4,912	4,012
Total net amount	4,602	3,963
Collateral received	2,801	2,404
Loan commitments
Other commitments
Maturity less than 1 year	22,959	19,813
Maturity between 1 to 3 years	44,143	48,855
Maturity between 3 to 5 years	43,848	39,605
Maturity greater than 5 years	11,609	10,749
Total gross amount	122,559	119,022
Total net amount	118,281	115,116
Collateral received	55,766	53,039
Forward reverse repurchase agreements
Other commitments
Maturity less than 1 year	466	17
Maturity between 1 to 3 years	0	0
Maturity between 3 to 5 years	0	0
Maturity greater than 5 years	0	0
Total gross amount	466	17
Total net amount	466	17
Collateral received	466	17
Other commitments
Other commitments
Maturity less than 1 year	121	135
Maturity between 1 to 3 years	16	1,418
Maturity between 3 to 5 years	11	9
Maturity greater than 5 years	248	381
Total gross amount	396	1,943
Total net amount	396	1,943
Collateral received	8	19
Bank
Other commitments
Maturity less than 1 year	28,342	23,880
Maturity between 1 to 3 years	44,275	50,370
Maturity between 3 to 5 years	43,859	39,614
Maturity greater than 5 years	11,857	11,130
Total gross amount	128,333	124,994
Total net amount	123,745	121,039
Collateral received	59,041	55,479
Unused revocable credit limits	144,079	130,965
Bank | Irrevocable commitments under documentary credits
Other commitments
Maturity less than 1 year	4,796	3,915
Maturity between 1 to 3 years	116	97
Maturity between 3 to 5 years	0	0
Maturity greater than 5 years	0	0
Total gross amount	4,912	4,012
Total net amount	4,602	3,963
Collateral received	2,801	2,404
Bank | Loan commitments
Other commitments
Maturity less than 1 year	22,959	19,813
Maturity between 1 to 3 years	44,143	48,855
Maturity between 3 to 5 years	43,848	39,605
Maturity greater than 5 years	11,609	10,749
Total gross amount	122,559	119,022
Total net amount	118,281	115,116
Collateral received	55,766	53,039
Bank | Forward reverse repurchase agreements
Other commitments
Maturity less than 1 year	466	17
Maturity between 1 to 3 years	0	0
Maturity between 3 to 5 years	0	0
Maturity greater than 5 years	0	0
Total gross amount	466	17
Total net amount	466	17
Collateral received	466	17
Bank | Other commitments
Other commitments
Maturity less than 1 year	121	135
Maturity between 1 to 3 years	16	1,418
Maturity between 3 to 5 years	11	9
Maturity greater than 5 years	248	381
Total gross amount	396	1,943
Total net amount	396	1,943
Collateral received	SFr 8	SFr 19

Transfers of financial assets (

Transfers of financial assets (TFA) - Securitizations (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
CMBS
Transfers of financial assets disclosures
Net gain/(loss)	SFr (7)	SFr 85	SFr 10
Proceeds from transfer of assets	3,525	9,209	7,757
Cash received on interests that continue to be held	42	52	162
RMBS
Transfers of financial assets disclosures
Net gain/(loss)	70	32	2
Proceeds from transfer of assets	37,048	23,358	21,566
Purchases of previously transferred financial assets or their underlying collateral	(1,604)	0	(1)
Servicing fees	2	2	2
Cash received on interests that continue to be held	1,088	864	312
Other asset-backed financings
Transfers of financial assets disclosures
Net gain/(loss)	65	105	101
Proceeds from transfer of assets	12,129	9,564	11,702
Purchases of previously transferred financial assets or their underlying collateral	(1,323)	(1,606)	(763)
Servicing fees	165	148	151
Cash received on interests that continue to be held	14	17	6
Bank | CMBS
Transfers of financial assets disclosures
Net gain/(loss)	(7)	85	10
Proceeds from transfer of assets	3,525	9,209	7,757
Cash received on interests that continue to be held	42	52	162
Bank | RMBS
Transfers of financial assets disclosures
Net gain/(loss)	70	32	2
Proceeds from transfer of assets	37,048	23,358	21,566
Purchases of previously transferred financial assets or their underlying collateral	(1,604)	0	(1)
Servicing fees	2	2	2
Cash received on interests that continue to be held	1,088	864	312
Bank | Other asset-backed financings
Transfers of financial assets disclosures
Net gain/(loss)	65	105	101
Proceeds from transfer of assets	12,129	9,564	11,702
Purchases of previously transferred financial assets or their underlying collateral	(1,323)	(1,606)	(763)
Servicing fees	165	148	151
Cash received on interests that continue to be held	SFr 14	SFr 17	SFr 6

TFA - Principal amounts outstan

TFA - Principal amounts outstanding / total assets - continuing involvement (Details 2) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
CMBS
Principal amounts outstanding and total assets of SPEs resulting from continuing involvement
Principal amount outstanding	SFr 15,428	SFr 17,421
Total assets of SPE	23,205	24,455
RMBS
Principal amounts outstanding and total assets of SPEs resulting from continuing involvement
Principal amount outstanding	56,990	47,324
Total assets of SPE	56,990	47,863
Other asset-backed financings
Principal amounts outstanding and total assets of SPEs resulting from continuing involvement
Principal amount outstanding	24,856	24,968
Total assets of SPE	57,797	50,817
Bank | CMBS
Principal amounts outstanding and total assets of SPEs resulting from continuing involvement
Principal amount outstanding	15,428	17,421
Total assets of SPE	23,205	24,455
Bank | RMBS
Principal amounts outstanding and total assets of SPEs resulting from continuing involvement
Principal amount outstanding	56,990	47,324
Total assets of SPE	56,990	47,863
Bank | Other asset-backed financings
Principal amounts outstanding and total assets of SPEs resulting from continuing involvement
Principal amount outstanding	24,856	24,968
Total assets of SPE	SFr 57,797	SFr 50,817

TFA - Key economic assumptions

TFA - Key economic assumptions at time of transfer (Details 3) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Key economic assumptions used in measuring fair value at time of transfer
Prepayment speed rate assumed used for projecting payments over the life of a residential mortgage loan (as a percent)	100.00%
Prepayment rate per annum of the outstanding principal balance of mortgage loans in the first month assuming 100% prepayment (as a percent)	0.20%
Prepayment rate per annum of the outstanding principal balance of mortgage loans after the first month assuming 100% prepayment (as a percent)	0.20%
Constant prepayment rate assumed using a 100% prepayment assumption (as a percent)	6.00%
CMBS
Key economic assumptions used in measuring fair value at time of transfer
Fair value of beneficial interests at time of transfer	SFr 196	SFr 342	SFr 549
Weighted-average life, in years	5 years 2 months 12 days	6 years 4 months 24 days	5 years 6 months
CMBS | Minimum
Key economic assumptions used in measuring fair value at time of transfer
Cash flow discount rate (rate per annum), in % (as a percent)	1.80%	1.40%	2.50%
Expected credit losses (rate per annum), in % (as a percent)	0.90%	1.90%	1.30%
CMBS | Maximum
Key economic assumptions used in measuring fair value at time of transfer
Cash flow discount rate (rate per annum), in % (as a percent)	5.00%	20.90%	8.30%
Expected credit losses (rate per annum), in % (as a percent)	4.30%	8.60%	1.90%
CMBS | Level 2
Key economic assumptions used in measuring fair value at time of transfer
Fair value of beneficial interests at time of transfer	SFr 170	SFr 305	SFr 455
CMBS | Level 3
Key economic assumptions used in measuring fair value at time of transfer
Fair value of beneficial interests at time of transfer	26	37	94
RMBS
Key economic assumptions used in measuring fair value at time of transfer
Fair value of beneficial interests at time of transfer	SFr 2,594	SFr 2,692	SFr 3,171
Weighted-average life, in years	5 years 3 months 18 days	3 years 9 months 18 days	5 years 6 months
RMBS | Minimum
Key economic assumptions used in measuring fair value at time of transfer
Prepayment speed assumption (rate per annum) in % (as a percent)	3.00%	1.00%	2.00%
Cash flow discount rate (rate per annum), in % (as a percent)	1.00%	0.20%	1.50%
Expected credit losses (rate per annum), in % (as a percent)	0.10%	1.60%	1.50%
RMBS | Maximum
Key economic assumptions used in measuring fair value at time of transfer
Prepayment speed assumption (rate per annum) in % (as a percent)	37.70%	47.00%	37.30%
Cash flow discount rate (rate per annum), in % (as a percent)	33.40%	40.80%	15.70%
Expected credit losses (rate per annum), in % (as a percent)	32.50%	22.90%	7.60%
RMBS | Level 2
Key economic assumptions used in measuring fair value at time of transfer
Fair value of beneficial interests at time of transfer	SFr 2,126	SFr 2,398	SFr 2,978
RMBS | Level 3
Key economic assumptions used in measuring fair value at time of transfer
Fair value of beneficial interests at time of transfer	SFr 468	294	193
Bank
Key economic assumptions used in measuring fair value at time of transfer
Prepayment speed rate assumed used for projecting payments over the life of a residential mortgage loan (as a percent)	100.00%
Prepayment rate per annum of the outstanding principal balance of mortgage loans in the first month assuming 100% prepayment (as a percent)	0.20%
Prepayment rate per annum of the outstanding principal balance of mortgage loans after the first month assuming 100% prepayment (as a percent)	0.20%
Constant prepayment rate assumed using a 100% prepayment assumption (as a percent)	6.00%
Bank | CMBS
Key economic assumptions used in measuring fair value at time of transfer
Fair value of beneficial interests at time of transfer	SFr 196	SFr 342	SFr 549
Weighted-average life, in years	5 years 2 months 12 days	6 years 4 months 24 days	5 years 6 months
Bank | CMBS | Minimum
Key economic assumptions used in measuring fair value at time of transfer
Cash flow discount rate (rate per annum), in % (as a percent)	1.80%	1.40%	2.50%
Expected credit losses (rate per annum), in % (as a percent)	0.90%	1.90%	1.30%
Bank | CMBS | Maximum
Key economic assumptions used in measuring fair value at time of transfer
Cash flow discount rate (rate per annum), in % (as a percent)	5.00%	20.90%	8.30%
Expected credit losses (rate per annum), in % (as a percent)	4.30%	8.60%	1.90%
Bank | CMBS | Level 2
Key economic assumptions used in measuring fair value at time of transfer
Fair value of beneficial interests at time of transfer	SFr 170	SFr 305	SFr 455
Bank | CMBS | Level 3
Key economic assumptions used in measuring fair value at time of transfer
Fair value of beneficial interests at time of transfer	26	37	94
Bank | RMBS
Key economic assumptions used in measuring fair value at time of transfer
Fair value of beneficial interests at time of transfer	SFr 2,594	SFr 2,692	SFr 3,171
Weighted-average life, in years	5 years 3 months 18 days	3 years 9 months 18 days	5 years 6 months
Bank | RMBS | Minimum
Key economic assumptions used in measuring fair value at time of transfer
Prepayment speed assumption (rate per annum) in % (as a percent)	3.00%	1.00%	2.00%
Cash flow discount rate (rate per annum), in % (as a percent)	1.00%	0.20%	1.50%
Expected credit losses (rate per annum), in % (as a percent)	0.10%	1.60%	1.50%
Bank | RMBS | Maximum
Key economic assumptions used in measuring fair value at time of transfer
Prepayment speed assumption (rate per annum) in % (as a percent)	37.70%	47.00%	37.30%
Cash flow discount rate (rate per annum), in % (as a percent)	33.40%	40.80%	15.70%
Expected credit losses (rate per annum), in % (as a percent)	32.50%	22.90%	7.60%
Bank | RMBS | Level 2
Key economic assumptions used in measuring fair value at time of transfer
Fair value of beneficial interests at time of transfer	SFr 2,126	SFr 2,398	SFr 2,978
Bank | RMBS | Level 3
Key economic assumptions used in measuring fair value at time of transfer
Fair value of beneficial interests at time of transfer	SFr 468	SFr 294	SFr 193

TFA - Key economic assumption_2

TFA - Key economic assumptions at balance sheet date (Details 4) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
CMBS
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Fair value of beneficial interests held in SPEs	SFr 281	SFr 296
Weighted-average life, in years	3 years 10 months 24 days	5 years 7 months 6 days
Impact on fair value from 10% adverse change in cash flow discount rate	SFr (3.5)	SFr (4.9)
Impact on fair value from 20% adverse change in cash flow discount rate	(6.8)	(9.6)
Impact on fair value from 10% adverse change in expected credit losses	(2.5)	(4.3)
Impact on fair value from 20% adverse change in expected credit losses	SFr (4.9)	SFr (8.5)
CMBS | Minimum
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Cash flow discount rate per annum, in % (as a percent)	1.70%	0.60%
Expected credit losses rate (rate per annum), in % (as a percent)	0.60%	0.40%
CMBS | Maximum
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Cash flow discount rate per annum, in % (as a percent)	50.70%	38.20%
Expected credit losses rate (rate per annum), in % (as a percent)	8.40%	14.70%
CMBS | Non-investment grade
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Fair value of beneficial interests held in SPEs	SFr 55	SFr 36
RMBS
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Fair value of beneficial interests held in SPEs	SFr 2,310	SFr 1,851
Weighted-average life, in years	4 years 8 months 12 days	4 years
Impact on fair value from 10% adverse change in prepayment speed	SFr (31.1)	SFr (43.7)
Impact on fair value from 20% adverse change in prepayment speed	(59.8)	(92.1)
Impact on fair value from 10% adverse change in cash flow discount rate	(38.1)	(22.4)
Impact on fair value from 20% adverse change in cash flow discount rate	(73.3)	(43.5)
Impact on fair value from 10% adverse change in expected credit losses	(28.5)	(20.2)
Impact on fair value from 20% adverse change in expected credit losses	SFr (54.8)	SFr (39.2)
RMBS | Minimum
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Prepayment speed assumption (rate per annum), in % (as a percent)	5.10%	4.00%
Cash flow discount rate per annum, in % (as a percent)	0.70%	0.30%
Expected credit losses rate (rate per annum), in % (as a percent)	0.40%	0.60%
RMBS | Maximum
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Prepayment speed assumption (rate per annum), in % (as a percent)	41.90%	50.10%
Cash flow discount rate per annum, in % (as a percent)	35.50%	39.70%
Expected credit losses rate (rate per annum), in % (as a percent)	34.20%	39.60%
RMBS | Non-investment grade
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Fair value of beneficial interests held in SPEs	SFr 370	SFr 631
Other asset-backed financings
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Fair value of beneficial interests held in SPEs	SFr 402	SFr 350
Weighted-average life, in years	5 years 6 months	4 years 9 months 18 days
Impact on fair value from 10% adverse change in cash flow discount rate	SFr (4.9)	SFr (4.2)
Impact on fair value from 20% adverse change in cash flow discount rate	(9.7)	(8.2)
Impact on fair value from 10% adverse change in expected credit losses	(4.3)	(4.5)
Impact on fair value from 20% adverse change in expected credit losses	SFr (8.4)	SFr (8.9)
Other asset-backed financings | Minimum
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Cash flow discount rate per annum, in % (as a percent)	0.30%	0.70%
Expected credit losses rate (rate per annum), in % (as a percent)	0.70%	0.70%
Other asset-backed financings | Maximum
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Cash flow discount rate per annum, in % (as a percent)	14.70%	27.70%
Expected credit losses rate (rate per annum), in % (as a percent)	13.30%	26.80%
Other asset-backed financings | Non-investment grade
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Fair value of beneficial interests held in SPEs	SFr 27	SFr 23
Bank | CMBS
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Fair value of beneficial interests held in SPEs	SFr 281	SFr 296
Weighted-average life, in years	3 years 10 months 24 days	5 years 7 months 6 days
Impact on fair value from 10% adverse change in cash flow discount rate	SFr (3.5)	SFr (4.9)
Impact on fair value from 20% adverse change in cash flow discount rate	(6.8)	(9.6)
Impact on fair value from 10% adverse change in expected credit losses	(2.5)	(4.3)
Impact on fair value from 20% adverse change in expected credit losses	SFr (4.9)	SFr (8.5)
Bank | CMBS | Minimum
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Cash flow discount rate per annum, in % (as a percent)	1.70%	0.60%
Expected credit losses rate (rate per annum), in % (as a percent)	0.60%	0.40%
Bank | CMBS | Maximum
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Cash flow discount rate per annum, in % (as a percent)	50.70%	38.20%
Expected credit losses rate (rate per annum), in % (as a percent)	8.40%	14.70%
Bank | CMBS | Non-investment grade
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Fair value of beneficial interests held in SPEs	SFr 55	SFr 36
Bank | RMBS
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Fair value of beneficial interests held in SPEs	SFr 2,310	SFr 1,851
Weighted-average life, in years	4 years 8 months 12 days	4 years
Impact on fair value from 10% adverse change in prepayment speed	SFr (31.1)	SFr (43.7)
Impact on fair value from 20% adverse change in prepayment speed	(59.8)	(92.1)
Impact on fair value from 10% adverse change in cash flow discount rate	(38.1)	(22.4)
Impact on fair value from 20% adverse change in cash flow discount rate	(73.3)	(43.5)
Impact on fair value from 10% adverse change in expected credit losses	(28.5)	(20.2)
Impact on fair value from 20% adverse change in expected credit losses	SFr (54.8)	SFr (39.2)
Bank | RMBS | Minimum
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Prepayment speed assumption (rate per annum), in % (as a percent)	5.10%	4.00%
Cash flow discount rate per annum, in % (as a percent)	0.70%	0.30%
Expected credit losses rate (rate per annum), in % (as a percent)	0.40%	0.60%
Bank | RMBS | Maximum
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Prepayment speed assumption (rate per annum), in % (as a percent)	41.90%	50.10%
Cash flow discount rate per annum, in % (as a percent)	35.50%	39.70%
Expected credit losses rate (rate per annum), in % (as a percent)	34.20%	39.60%
Bank | RMBS | Non-investment grade
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Fair value of beneficial interests held in SPEs	SFr 370	SFr 631
Bank | Other asset-backed financings
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Fair value of beneficial interests held in SPEs	SFr 402	SFr 350
Weighted-average life, in years	5 years 6 months	4 years 9 months 18 days
Impact on fair value from 10% adverse change in cash flow discount rate	SFr (4.9)	SFr (4.2)
Impact on fair value from 20% adverse change in cash flow discount rate	(9.7)	(8.2)
Impact on fair value from 10% adverse change in expected credit losses	(4.3)	(4.5)
Impact on fair value from 20% adverse change in expected credit losses	SFr (8.4)	SFr (8.9)
Bank | Other asset-backed financings | Minimum
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Cash flow discount rate per annum, in % (as a percent)	0.30%	0.70%
Expected credit losses rate (rate per annum), in % (as a percent)	0.70%	0.70%
Bank | Other asset-backed financings | Maximum
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Cash flow discount rate per annum, in % (as a percent)	14.70%	27.70%
Expected credit losses rate (rate per annum), in % (as a percent)	13.30%	26.80%
Bank | Other asset-backed financings | Non-investment grade
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Fair value of beneficial interests held in SPEs	SFr 27	SFr 23

TFA - Carrying amounts for sale

TFA - Carrying amounts for sale treatmen not achieved (Details 5) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
RMBS | Other assets
Carrying amounts of transferred financial assets and liabilities where sale treatment not achieved
Assets, transfer of financial interest, sale treatment not achieved	SFr 257	SFr 0
RMBS | Other liabilities
Carrying amounts of transferred financial assets and liabilities where sale treatment not achieved
Liability to SPE, transfer of financial interest, sale treatment not achieved	(257)	0
Other asset-backed financings | Trading assets
Carrying amounts of transferred financial assets and liabilities where sale treatment not achieved
Assets, transfer of financial interest, sale treatment not achieved	557	496
Other asset-backed financings | Other assets
Carrying amounts of transferred financial assets and liabilities where sale treatment not achieved
Assets, transfer of financial interest, sale treatment not achieved	200	246
Other asset-backed financings | Other liabilities
Carrying amounts of transferred financial assets and liabilities where sale treatment not achieved
Liability to SPE, transfer of financial interest, sale treatment not achieved	(757)	(742)
Bank | RMBS | Other assets
Carrying amounts of transferred financial assets and liabilities where sale treatment not achieved
Assets, transfer of financial interest, sale treatment not achieved	257	0
Bank | RMBS | Other liabilities
Carrying amounts of transferred financial assets and liabilities where sale treatment not achieved
Liability to SPE, transfer of financial interest, sale treatment not achieved	(257)	0
Bank | Other asset-backed financings | Trading assets
Carrying amounts of transferred financial assets and liabilities where sale treatment not achieved
Assets, transfer of financial interest, sale treatment not achieved	557	496
Bank | Other asset-backed financings | Other assets
Carrying amounts of transferred financial assets and liabilities where sale treatment not achieved
Assets, transfer of financial interest, sale treatment not achieved	200	246
Bank | Other asset-backed financings | Other liabilities
Carrying amounts of transferred financial assets and liabilities where sale treatment not achieved
Liability to SPE, transfer of financial interest, sale treatment not achieved	SFr (757)	SFr (742)

TFA - Transfer of certain finan

TFA - Transfer of certain financial assets accounted for as secured borrowings (Details 6) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	SFr 36,200	SFr 27,700
Securities lending transactions	15,700	17,100
Obligation to return securities received as collateral, at fair value	15,017	50,773
Total	66,900	95,600
Corporate debt securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	9,600	7,700
Securities lending transactions	300	100
Obligation to return securities received as collateral, at fair value	600	5,600
Asset-backed securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	4,600	6,000
Securities lending transactions	300	1,000
Equity securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	500	0
Securities lending transactions	1,000	3,500
Obligation to return securities received as collateral, at fair value	10,800	39,300
Other
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	5,600	1,900
Securities lending transactions	200	100
Obligation to return securities received as collateral, at fair value	0	100
Government debt securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	15,900	12,100
Securities lending transactions	13,900	12,400
Obligation to return securities received as collateral, at fair value	3,600	5,800
No stated maturity [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	5,200	5,800
Securities lending transactions	2,300	4,200
Obligation to return securities received as collateral, at fair value	15,000	50,200
Total	22,500	60,200
Maturity Less than 30 Days [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	15,700	11,800
Securities lending transactions	1,700	3,400
Obligation to return securities received as collateral, at fair value	0	300
Total	17,400	15,500
Maturity 30 to 90 Days [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	6,000	5,900
Securities lending transactions	1,600	9,500
Obligation to return securities received as collateral, at fair value	0	300
Total	7,600	15,700
Maturity Greater than 90 Days [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	9,300	4,200
Securities lending transactions	10,100	0
Obligation to return securities received as collateral, at fair value	0	0
Total	19,400	4,200
Bank
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	36,300	27,700
Securities lending transactions	15,700	17,200
Obligation to return securities received as collateral, at fair value	15,017	50,773
Total	67,000	95,700
Bank | Corporate debt securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	9,600	7,700
Securities lending transactions	300	100
Obligation to return securities received as collateral, at fair value	600	5,600
Bank | Asset-backed securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	4,600	6,000
Securities lending transactions	300	1,000
Bank | Equity securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	500	0
Securities lending transactions	1,000	3,500
Obligation to return securities received as collateral, at fair value	10,800	39,300
Bank | Other
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	5,600	1,800
Securities lending transactions	200	100
Obligation to return securities received as collateral, at fair value	0	100
Bank | Government debt securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	16,000	12,200
Securities lending transactions	13,900	12,500
Obligation to return securities received as collateral, at fair value	3,600	5,800
Bank | No stated maturity [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	5,300	5,800
Securities lending transactions	2,300	4,200
Obligation to return securities received as collateral, at fair value	15,000	50,200
Total	22,600	60,200
Bank | Maturity Less than 30 Days [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	15,800	11,800
Securities lending transactions	1,700	3,400
Obligation to return securities received as collateral, at fair value	0	300
Total	17,500	15,500
Bank | Maturity 30 to 90 Days [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	6,000	5,900
Securities lending transactions	1,600	9,600
Obligation to return securities received as collateral, at fair value	0	300
Total	7,600	15,800
Bank | Maturity Greater than 90 Days [Member]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under repurchase agreements	9,200	4,200
Securities lending transactions	10,100	0
Obligation to return securities received as collateral, at fair value	0	0
Total	SFr 19,300	SFr 4,200

Variable interest entities (VIE

Variable interest entities (VIE) - Consolidated (Details 7) SFr in Millions		12 Months Ended
		Dec. 31, 2021CHF (SFr)day	Dec. 31, 2020CHF (SFr)	Dec. 31, 2019CHF (SFr)	Dec. 31, 2018CHF (SFr)
VIE Disclosures
Percentage of control in which Group is determined to have power (percent)		50.00%
Minimum percentage of outstanding issuances held by primary beneficiary used under the previous consolidation model		50.00%
Cash and due from banks	[1]	SFr 164,818	SFr 139,112	SFr 101,879	SFr 100,047
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions		103,906	92,276
Trading assets		111,141	157,338
Investment securities		1,005	607
Other investments		5,826	5,412
Net loans		291,686	291,908
Other assets		41,231	39,637
of which loans held-for-sale		7,924	7,046
Premises and equipment		4,893	4,776
Assets		755,833	818,965
Customer deposits		392,819	390,921
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions		35,274	36,994
Trading liabilities		27,535	45,871
Short-term borrowings		19,393	20,868
Long-term debt		166,896	161,087
Other liabilities		22,644	31,434
Liabilities		SFr 711,603	776,024
CP Conduit
VIE Disclosures
Average maturity of CP (in days) | day		226
Consolidated VIEs
VIE Disclosures
Cash and due from banks		SFr 108	90
Trading assets		1,822	2,164
Other investments		1,015	1,251
Net loans		1,400	900
Other assets		1,496	1,876
of which loans held-for-sale		74	472
Premises and equipment		27	34
Assets		5,841	6,281
Customer deposits		0	1
Trading liabilities		8	10
Short-term borrowings		4,352	4,178
Long-term debt		1,391	1,746
Other liabilities		231	208
Liabilities		5,982	6,143
Consolidated VIEs | CP Conduit
VIE Disclosures
Cash and due from banks		1	0
Trading assets		0	0
Other investments		0	0
Net loans		1,022	653
Other assets		31	21
of which loans held-for-sale		0	0
Premises and equipment		0	0
Assets		1,054	674
Customer deposits			0
Trading liabilities		0	0
Short-term borrowings		4,337	4,178
Long-term debt		0	0
Other liabilities		67	53
Liabilities		4,404	4,231
Consolidated VIEs | Financial intermediation - Securitizations
VIE Disclosures
Cash and due from banks		42	23
Trading assets		1,158	1,255
Other investments		0	0
Net loans		317	0
Other assets		604	979
of which loans held-for-sale		50	462
Premises and equipment		0	0
Assets		2,121	2,257
Customer deposits			0
Trading liabilities		0	0
Short-term borrowings		0	0
Long-term debt		1,342	1,701
Other liabilities		1	1
Liabilities		1,343	1,702
Consolidated VIEs | Financial intermediation - Funds
VIE Disclosures
Cash and due from banks		25	22
Trading assets		54	50
Other investments		65	129
Net loans		0	51
Other assets		78	15
of which loans held-for-sale		23	10
Premises and equipment		0	0
Assets		222	267
Customer deposits			0
Trading liabilities		0	0
Short-term borrowings		15	0
Long-term debt		0	0
Other liabilities		20	3
Liabilities		35	3
Consolidated VIEs | Financial intermediation - Loans
VIE Disclosures
Cash and due from banks		27	37
Trading assets		610	840
Other investments		789	920
Net loans		28	29
Other assets		108	82
of which loans held-for-sale		0	0
Premises and equipment		27	30
Assets		1,562	1,908
Customer deposits			0
Trading liabilities		8	10
Short-term borrowings		0	0
Long-term debt		3	10
Other liabilities		60	73
Liabilities		71	93
Consolidated VIEs | Financial intermediation - Other
VIE Disclosures
Cash and due from banks		13	8
Trading assets		0	19
Other investments		161	202
Net loans		33	167
Other assets		675	779
of which loans held-for-sale		1	0
Premises and equipment		0	4
Assets		882	1,175
Customer deposits			1
Trading liabilities		0	0
Short-term borrowings		0	0
Long-term debt		46	35
Other liabilities		83	78
Liabilities		129	114
Bank
VIE Disclosures
Cash and due from banks	[2]	164,026	138,207	SFr 101,044	SFr 99,314
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions		103,906	92,276
Trading assets		111,299	157,511
Investment securities		1,003	605
Other investments		5,788	5,379
Net loans		300,358	300,341
Other assets		36,715	36,574
of which loans held-for-sale		7,924	7,046
Premises and equipment		4,424	4,358
Assets		759,214	822,831
Customer deposits		393,841	392,039
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions		35,368	37,087
Trading liabilities		27,539	45,871
Short-term borrowings		25,336	21,308
Long-term debt		160,695	160,279
Other liabilities		21,309	30,340
Liabilities		SFr 711,127	775,772
Bank | CP Conduit
VIE Disclosures
Average maturity of CP (in days) | day		226
Bank | Consolidated VIEs
VIE Disclosures
Cash and due from banks		SFr 108	90
Trading assets		1,822	2,164
Other investments		1,015	1,251
Net loans		1,400	900
Other assets		1,482	1,858
of which loans held-for-sale		74	472
Premises and equipment		12	17
Assets		5,827	6,263
Customer deposits		0	1
Trading liabilities		8	10
Short-term borrowings		4,352	4,178
Long-term debt		1,391	1,746
Other liabilities		233	207
Liabilities		5,984	6,142
Bank | Consolidated VIEs | CP Conduit
VIE Disclosures
Cash and due from banks		1	0
Trading assets		0	0
Other investments		0	0
Net loans		1,022	653
Other assets		31	21
of which loans held-for-sale		0	0
Premises and equipment		0	0
Assets		1,054	674
Customer deposits			0
Trading liabilities		0	0
Short-term borrowings		4,337	4,178
Long-term debt		0	0
Other liabilities		67	53
Liabilities		4,404	4,231
Bank | Consolidated VIEs | Financial intermediation - Securitizations
VIE Disclosures
Cash and due from banks		42	23
Trading assets		1,158	1,255
Other investments		0	0
Net loans		317	0
Other assets		604	979
of which loans held-for-sale		50	462
Premises and equipment		0	0
Assets		2,121	2,257
Customer deposits			0
Trading liabilities		0	0
Short-term borrowings		0	0
Long-term debt		1,342	1,701
Other liabilities		1	1
Liabilities		1,343	1,702
Bank | Consolidated VIEs | Financial intermediation - Funds
VIE Disclosures
Cash and due from banks		25	22
Trading assets		54	50
Other investments		65	129
Net loans		0	51
Other assets		78	15
of which loans held-for-sale		23	10
Premises and equipment		0	0
Assets		222	267
Customer deposits			0
Trading liabilities		0	0
Short-term borrowings		15	0
Long-term debt		0	0
Other liabilities		20	3
Liabilities		35	3
Bank | Consolidated VIEs | Financial intermediation - Loans
VIE Disclosures
Cash and due from banks		27	37
Trading assets		610	840
Other investments		789	920
Net loans		28	29
Other assets		95	65
of which loans held-for-sale		0	0
Premises and equipment		12	13
Assets		1,549	1,891
Customer deposits			0
Trading liabilities		8	10
Short-term borrowings		0	0
Long-term debt		3	10
Other liabilities		61	72
Liabilities		72	92
Bank | Consolidated VIEs | Financial intermediation - Other
VIE Disclosures
Cash and due from banks		13	8
Trading assets		0	19
Other investments		161	202
Net loans		33	167
Other assets		674	778
of which loans held-for-sale		1	0
Premises and equipment		0	4
Assets		881	1,174
Customer deposits			1
Trading liabilities		0	0
Short-term borrowings		0	0
Long-term debt		46	35
Other liabilities		84	78
Liabilities		SFr 130	SFr 114
[1]	Includes restricted cash.
[2]	Includes restricted cash.

VIE - Non-consolidated (Details

VIE - Non-consolidated (Details 8) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
VIE Disclosures
Trading assets	SFr 111,141	SFr 157,338
Net loans	291,686	291,908
Other assets	41,231	39,637
Assets	755,833	818,965
Maximum exposure to loss	41,587	38,379
Non-consolidated VIE assets	298,708	296,498
Other liabilities	22,644	31,434
Liabilities	711,603	776,024
Collateralized debt or loan obligations
VIE Disclosures
Maximum exposure to loss	774	852
Non-consolidated VIE assets	10,266	8,553
CP Conduit
VIE Disclosures
Maximum exposure to loss	7,625	5,538
Non-consolidated VIE assets	14,948	11,148
Financial intermediation - Securitizations
VIE Disclosures
Maximum exposure to loss	8,036	7,329
Non-consolidated VIE assets	108,942	127,785
Financial intermediation - Funds
VIE Disclosures
Maximum exposure to loss	3,447	3,199
Non-consolidated VIE assets	103,179	89,686
Financial intermediation - Loans
VIE Disclosures
Maximum exposure to loss	13,068	11,235
Non-consolidated VIE assets	36,428	26,186
Financial intermediation - Other
VIE Disclosures
Maximum exposure to loss	8,637	10,226
Non-consolidated VIE assets	24,945	33,140
Non-consolidated VIEs
VIE Disclosures
Trading assets	11,222	14,546
Net loans	15,376	11,357
Other assets	768	468
Assets	27,366	26,371
Non-consolidated VIEs | Collateralized debt or loan obligations
VIE Disclosures
Trading assets	257	250
Net loans	268	357
Other assets	6	2
Assets	531	609
Non-consolidated VIEs | CP Conduit
VIE Disclosures
Trading assets	0	0
Net loans	1,005	371
Other assets	0	0
Assets	1,005	371
Non-consolidated VIEs | Financial intermediation - Securitizations
VIE Disclosures
Trading assets	4,526	4,500
Net loans	940	734
Other assets	22	3
Assets	5,488	5,237
Non-consolidated VIEs | Financial intermediation - Funds
VIE Disclosures
Trading assets	932	1,113
Net loans	2,403	1,967
Other assets	112	119
Assets	3,447	3,199
Non-consolidated VIEs | Financial intermediation - Loans
VIE Disclosures
Trading assets	13	66
Net loans	8,774	6,989
Other assets	0	0
Assets	8,787	7,055
Non-consolidated VIEs | Financial intermediation - Other
VIE Disclosures
Trading assets	5,494	8,617
Net loans	1,986	939
Other assets	628	344
Assets	8,108	9,900
Bank
VIE Disclosures
Trading assets	111,299	157,511
Net loans	300,358	300,341
Other assets	36,715	36,574
Assets	759,214	822,831
Other liabilities	21,309	30,340
Liabilities	711,127	775,772
Bank | Non-consolidated VIEs
VIE Disclosures
Trading assets	11,222	14,546
Net loans	15,376	11,357
Other assets	765	459
Assets	27,363	26,362
Maximum exposure to loss	41,584	38,370
Non-consolidated VIE assets	293,208	287,049
Bank | Non-consolidated VIEs | Collateralized debt or loan obligations
VIE Disclosures
Trading assets	257	250
Net loans	268	357
Other assets	6	2
Assets	531	609
Maximum exposure to loss	774	852
Non-consolidated VIE assets	10,266	8,553
Bank | Non-consolidated VIEs | CP Conduit
VIE Disclosures
Trading assets	0	0
Net loans	1,005	371
Other assets	0	0
Assets	1,005	371
Maximum exposure to loss	7,625	5,538
Non-consolidated VIE assets	14,948	11,148
Bank | Non-consolidated VIEs | Financial intermediation - Securitizations
VIE Disclosures
Trading assets	4,526	4,500
Net loans	940	734
Other assets	22	3
Assets	5,488	5,237
Maximum exposure to loss	8,036	7,329
Non-consolidated VIE assets	108,942	127,785
Bank | Non-consolidated VIEs | Financial intermediation - Funds
VIE Disclosures
Trading assets	932	1,113
Net loans	2,403	1,967
Other assets	109	110
Assets	3,444	3,190
Maximum exposure to loss	3,444	3,190
Non-consolidated VIE assets	102,820	87,618
Bank | Non-consolidated VIEs | Financial intermediation - Loans
VIE Disclosures
Trading assets	13	66
Net loans	8,774	6,989
Other assets	0	0
Assets	8,787	7,055
Maximum exposure to loss	13,068	11,235
Non-consolidated VIE assets	36,428	26,186
Bank | Non-consolidated VIEs | Financial intermediation - Other
VIE Disclosures
Trading assets	5,494	8,617
Net loans	1,986	939
Other assets	628	344
Assets	8,108	9,900
Maximum exposure to loss	8,637	10,226
Non-consolidated VIE assets	SFr 19,804	SFr 25,759

Financial instruments (FI) - As

Financial instruments (FI) - Assets measured at fair value (Details 2) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Assets
Cash and Due from Banks	SFr 308	SFr 525
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,623	57,994
Securities received as collateral	15,017	50,773
Trading assets	111,141	157,338
Available-for-sale Securities, Debt Securities	1,005	607
Other investments	4,094	3,794
Loans	10,243	11,408
Other intangible assets (mortgage servicing rights), at fair value	224	180
Other assets	9,184	8,373
Other assets - of which failed purchases	1,307	1,451
Netting impact	(95,000)	(120,600)
Total assets at fair value, measured at net asset value per share	1,069	1,378
Recurring basis
Assets
Cash and Due from Banks	308	525
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,623	57,994
Securities received as collateral	15,017	50,773
Trading assets	111,141	157,338
Available-for-sale Securities, Debt Securities	1,005	607
Other investments	4,094	3,794
Loans	10,243	11,408
Loans - of which commercial and industrial	2,984	3,534
Loans - of which financial institutions	4,305	4,588
Other intangible assets (mortgage servicing rights), at fair value	224	180
Other assets	9,184	8,373
Other assets - of which loans held-for-sale	7,380	6,446
Other assets - of which failed purchases	1,244	1,389
Netting impact	(95,014)	(120,635)
Total assets at fair value	219,839	290,992
Recurring basis | Other equity investments
Assets
Other investments	3,237	2,759
Recurring basis | Life finance instruments
Assets
Other investments	789	920
Recurring basis | Debt securities
Assets
Trading assets	54,198	64,395
Recurring basis | Debt securities | Debt securities issued by foreign governments
Assets
Trading assets	23,408	27,957
Recurring basis | Debt securities | Corporate debt securities
Assets
Trading assets	9,590	11,477
Recurring basis | Debt securities | RMBS
Assets
Trading assets	17,457	21,439
Recurring basis | Equity securities
Assets
Trading assets	36,546	63,237
Recurring basis | Derivative instruments
Assets
Trading assets	17,559	25,531
Netting impact	(94,633)	(119,731)
Recurring basis | Trading assets
Assets
Netting impact	(94,633)	(119,731)
Recurring basis | Other
Assets
Trading assets	2,838	4,175
Recurring basis | Other assets
Assets
Netting impact	(381)	(904)
Recurring basis | Level 1
Assets
Cash and Due from Banks	0	0
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	0	0
Securities received as collateral	13,848	44,074
Trading assets	54,085	87,710
Available-for-sale Securities, Debt Securities	2	2
Other investments	0	13
Loans	0	0
Loans - of which commercial and industrial	0	0
Loans - of which financial institutions	0	0
Other intangible assets (mortgage servicing rights), at fair value	0	0
Other assets	121	137
Other assets - of which loans held-for-sale	0	0
Other assets - of which failed purchases	98	109
Total assets at fair value	68,056	131,936
Recurring basis | Level 1 | Other equity investments
Assets
Other investments	0	13
Recurring basis | Level 1 | Life finance instruments
Assets
Other investments	0	0
Recurring basis | Level 1 | Debt securities
Assets
Trading assets	12,191	16,321
Recurring basis | Level 1 | Debt securities | Debt securities issued by foreign governments
Assets
Trading assets	11,996	15,908
Recurring basis | Level 1 | Debt securities | Corporate debt securities
Assets
Trading assets	72	353
Recurring basis | Level 1 | Debt securities | RMBS
Assets
Trading assets	0	0
Recurring basis | Level 1 | Equity securities
Assets
Trading assets	34,282	60,044
Recurring basis | Level 1 | Derivative instruments
Assets
Trading assets	6,224	9,297
Recurring basis | Level 1 | Derivative instruments | Interest rate derivatives
Assets
Trading assets	721	3,036
Recurring basis | Level 1 | Derivative instruments | Foreign exchange derivatives
Assets
Trading assets	123	42
Recurring basis | Level 1 | Derivative instruments | Equity/Index-related products
Assets
Trading assets	5,348	6,150
Recurring basis | Level 1 | Derivative instruments | Other derivatives
Assets
Trading assets	0	22
Recurring basis | Level 1 | Other
Assets
Trading assets	1,388	2,048
Recurring basis | Level 2
Assets
Cash and Due from Banks	308	525
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,623	57,994
Securities received as collateral	1,155	6,598
Trading assets	146,521	181,166
Available-for-sale Securities, Debt Securities	1,003	605
Other investments	23	6
Loans	8,709	7,739
Loans - of which commercial and industrial	2,267	2,187
Loans - of which financial institutions	3,840	3,506
Other intangible assets (mortgage servicing rights), at fair value	57	0
Other assets	8,750	7,315
Other assets - of which loans held-for-sale	6,818	4,870
Other assets - of which failed purchases	1,135	1,229
Total assets at fair value	235,149	261,948
Recurring basis | Level 2 | Other equity investments
Assets
Other investments	23	6
Recurring basis | Level 2 | Life finance instruments
Assets
Other investments	0	0
Recurring basis | Level 2 | Debt securities
Assets
Trading assets	40,700	45,766
Recurring basis | Level 2 | Debt securities | Debt securities issued by foreign governments
Assets
Trading assets	11,377	11,909
Recurring basis | Level 2 | Debt securities | Corporate debt securities
Assets
Trading assets	8,958	9,799
Recurring basis | Level 2 | Debt securities | RMBS
Assets
Trading assets	17,033	20,882
Recurring basis | Level 2 | Equity securities
Assets
Trading assets	1,486	2,466
Recurring basis | Level 2 | Derivative instruments
Assets
Trading assets	103,781	132,054
Recurring basis | Level 2 | Derivative instruments | Interest rate derivatives
Assets
Trading assets	47,934	71,043
Recurring basis | Level 2 | Derivative instruments | Foreign exchange derivatives
Assets
Trading assets	20,686	24,259
Recurring basis | Level 2 | Derivative instruments | Equity/Index-related products
Assets
Trading assets	29,808	31,945
Recurring basis | Level 2 | Derivative instruments | Other derivatives
Assets
Trading assets	196	110
Recurring basis | Level 2 | Other
Assets
Trading assets	554	880
Recurring basis | Level 3
Assets
Cash and Due from Banks	0	0
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	0	0
Securities received as collateral	14	101
Trading assets	4,503	7,535
Available-for-sale Securities, Debt Securities	0	0
Other investments	3,666	3,054
Loans	1,534	3,669
Loans - of which commercial and industrial	717	1,347
Loans - of which financial institutions	465	1,082
Other intangible assets (mortgage servicing rights), at fair value	167	180
Other assets	694	1,825
Other assets - of which loans held-for-sale	562	1,576
Other assets - of which failed purchases	11	51
Total assets at fair value	10,578	16,364
Recurring basis | Level 3 | Other equity investments
Assets
Other investments	2,863	2,132
Recurring basis | Level 3 | Life finance instruments
Assets
Other investments	789	920
Recurring basis | Level 3 | Debt securities
Assets
Trading assets	1,225	2,253
Recurring basis | Level 3 | Debt securities | Debt securities issued by foreign governments
Assets
Trading assets	35	140
Recurring basis | Level 3 | Debt securities | Corporate debt securities
Assets
Trading assets	478	1,270
Recurring basis | Level 3 | Debt securities | RMBS
Assets
Trading assets	424	557
Recurring basis | Level 3 | Equity securities
Assets
Trading assets	195	124
Recurring basis | Level 3 | Derivative instruments
Assets
Trading assets	2,187	3,911
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives
Assets
Trading assets	624	733
Recurring basis | Level 3 | Derivative instruments | Foreign exchange derivatives
Assets
Trading assets	53	143
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products
Assets
Trading assets	212	1,186
Recurring basis | Level 3 | Derivative instruments | Other derivatives
Assets
Trading assets	1,034	1,079
Recurring basis | Level 3 | Other
Assets
Trading assets	896	1,247
Recurring basis | Fair value measured at net asset value per share
Assets
Trading assets	665	658
Other investments	405	721
Total assets at fair value	1,070	1,379
Recurring basis | Fair value measured at net asset value per share | Other equity investments
Assets
Other investments	351	608
Recurring basis | Fair value measured at net asset value per share | Debt securities
Assets
Trading assets	82	55
Recurring basis | Fair value measured at net asset value per share | Debt securities | Corporate debt securities
Assets
Trading assets	82	55
Recurring basis | Fair value measured at net asset value per share | Equity securities
Assets
Trading assets	583	603
Nonrecurring basis
Assets
Other investments	152	543
Loans	17	71
Other assets	139	201
Total assets at fair value	308	815
Nonrecurring basis | Equity securities
Assets
Other investments	118	303
Nonrecurring basis | Equity securities (without a readily determinable fair value)
Assets
Other investments	21	227
Nonrecurring basis | Other assets
Assets
Other assets - of which loans held-for-sale	73	136
Other assets - of which premises, equipment and right-of-use assets	61	58
Nonrecurring basis | Level 1
Assets
Other investments	0	0
Loans	0	0
Other assets	0	0
Total assets at fair value	0	0
Nonrecurring basis | Level 1 | Equity securities
Assets
Other investments	0	0
Nonrecurring basis | Level 1 | Equity securities (without a readily determinable fair value)
Assets
Other investments	0	0
Nonrecurring basis | Level 1 | Other assets
Assets
Other assets - of which loans held-for-sale	0	0
Other assets - of which premises, equipment and right-of-use assets	0	0
Nonrecurring basis | Level 2
Assets
Other investments	0	217
Loans	12	67
Other assets	29	104
Total assets at fair value	41	388
Nonrecurring basis | Level 2 | Equity securities
Assets
Other investments	0	0
Nonrecurring basis | Level 2 | Equity securities (without a readily determinable fair value)
Assets
Other investments	0	217
Nonrecurring basis | Level 2 | Other assets
Assets
Other assets - of which loans held-for-sale	28	97
Other assets - of which premises, equipment and right-of-use assets	1	4
Nonrecurring basis | Level 3
Assets
Other investments	152	326
Loans	5	4
Other assets	110	97
Total assets at fair value	267	427
Nonrecurring basis | Level 3 | Equity securities
Assets
Other investments	118	303
Nonrecurring basis | Level 3 | Equity securities (without a readily determinable fair value)
Assets
Other investments	21	10
Nonrecurring basis | Level 3 | Other assets
Assets
Other assets - of which loans held-for-sale	45	39
Other assets - of which premises, equipment and right-of-use assets	60	54
Bank
Assets
Cash and Due from Banks	308	525
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,623	57,994
Securities received as collateral	15,017	50,773
Trading assets	111,299	157,511
Available-for-sale Securities, Debt Securities	1,003	605
Other investments	4,093	3,793
Loans	10,243	11,408
Other intangible assets (mortgage servicing rights), at fair value	224	180
Other assets	9,184	8,373
Other assets - of which failed purchases	1,307	1,451
Netting impact	(95,100)	(120,600)
Total assets at fair value, measured at net asset value per share	1,068	1,377
Bank | Recurring basis
Assets
Cash and Due from Banks	308	525
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,623	57,994
Securities received as collateral	15,017	50,773
Trading assets	111,299	157,511
Available-for-sale Securities, Debt Securities	1,003	605
Other investments	4,093	3,793
Loans	10,243	11,408
Loans - of which commercial and industrial	2,984	3,534
Loans - of which financial institutions	4,305	4,588
Other intangible assets (mortgage servicing rights), at fair value	224	180
Other assets	9,184	8,373
Other assets - of which loans held-for-sale	7,380	6,446
Other assets - of which failed purchases	1,244	1,389
Netting impact	(95,163)	(120,635)
Total assets at fair value	219,994	291,162
Bank | Recurring basis | Other equity investments
Assets
Other investments	3,237	2,760
Bank | Recurring basis | Life finance instruments
Assets
Other investments	789	920
Bank | Recurring basis | Debt securities
Assets
Trading assets	54,297	64,532
Bank | Recurring basis | Debt securities | Debt securities issued by foreign governments
Assets
Trading assets	23,408	27,957
Bank | Recurring basis | Debt securities | Corporate debt securities
Assets
Trading assets	9,689	11,614
Bank | Recurring basis | Debt securities | RMBS
Assets
Trading assets	17,457	21,439
Bank | Recurring basis | Equity securities
Assets
Trading assets	36,606	63,273
Bank | Recurring basis | Derivative instruments
Assets
Trading assets	17,559	25,531
Netting impact	(94,782)	(119,731)
Bank | Recurring basis | Trading assets
Assets
Netting impact	(94,782)	(119,731)
Bank | Recurring basis | Other
Assets
Trading assets	2,837	4,175
Bank | Recurring basis | Other assets
Assets
Netting impact	(381)	(904)
Bank | Recurring basis | Level 1
Assets
Cash and Due from Banks	0	0
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	0	0
Securities received as collateral	13,848	44,074
Trading assets	54,145	87,746
Available-for-sale Securities, Debt Securities	0	1
Other investments	0	13
Loans	0	0
Loans - of which commercial and industrial	0	0
Loans - of which financial institutions	0	0
Other intangible assets (mortgage servicing rights), at fair value	0	0
Other assets	121	137
Other assets - of which loans held-for-sale	0	0
Other assets - of which failed purchases	98	109
Total assets at fair value	68,114	131,971
Bank | Recurring basis | Level 1 | Other equity investments
Assets
Other investments	0	13
Bank | Recurring basis | Level 1 | Life finance instruments
Assets
Other investments	0	0
Bank | Recurring basis | Level 1 | Debt securities
Assets
Trading assets	12,191	16,321
Bank | Recurring basis | Level 1 | Debt securities | Debt securities issued by foreign governments
Assets
Trading assets	11,996	15,908
Bank | Recurring basis | Level 1 | Debt securities | Corporate debt securities
Assets
Trading assets	72	353
Bank | Recurring basis | Level 1 | Debt securities | RMBS
Assets
Trading assets	0	0
Bank | Recurring basis | Level 1 | Equity securities
Assets
Trading assets	34,342	60,080
Bank | Recurring basis | Level 1 | Derivative instruments
Assets
Trading assets	6,224	9,297
Bank | Recurring basis | Level 1 | Derivative instruments | Interest rate derivatives
Assets
Trading assets	721	3,036
Bank | Recurring basis | Level 1 | Derivative instruments | Foreign exchange derivatives
Assets
Trading assets	123	42
Bank | Recurring basis | Level 1 | Derivative instruments | Equity/Index-related products
Assets
Trading assets	5,348	6,150
Bank | Recurring basis | Level 1 | Derivative instruments | Other derivatives
Assets
Trading assets	0	22
Bank | Recurring basis | Level 1 | Other
Assets
Trading assets	1,388	2,048
Bank | Recurring basis | Level 2
Assets
Cash and Due from Banks	308	525
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,623	57,994
Securities received as collateral	1,155	6,598
Trading assets	146,768	181,303
Available-for-sale Securities, Debt Securities	1,003	604
Other investments	23	6
Loans	8,709	7,739
Loans - of which commercial and industrial	2,267	2,187
Loans - of which financial institutions	3,840	3,506
Other intangible assets (mortgage servicing rights), at fair value	57	0
Other assets	8,750	7,315
Other assets - of which loans held-for-sale	6,818	4,870
Other assets - of which failed purchases	1,135	1,229
Total assets at fair value	235,396	262,084
Bank | Recurring basis | Level 2 | Other equity investments
Assets
Other investments	23	6
Bank | Recurring basis | Level 2 | Life finance instruments
Assets
Other investments	0	0
Bank | Recurring basis | Level 2 | Debt securities
Assets
Trading assets	40,799	45,903
Bank | Recurring basis | Level 2 | Debt securities | Debt securities issued by foreign governments
Assets
Trading assets	11,377	11,909
Bank | Recurring basis | Level 2 | Debt securities | Corporate debt securities
Assets
Trading assets	9,057	9,936
Bank | Recurring basis | Level 2 | Debt securities | RMBS
Assets
Trading assets	17,033	20,882
Bank | Recurring basis | Level 2 | Equity securities
Assets
Trading assets	1,486	2,466
Bank | Recurring basis | Level 2 | Derivative instruments
Assets
Trading assets	103,930	132,054
Bank | Recurring basis | Level 2 | Derivative instruments | Interest rate derivatives
Assets
Trading assets	48,083	71,043
Bank | Recurring basis | Level 2 | Derivative instruments | Foreign exchange derivatives
Assets
Trading assets	20,686	24,259
Bank | Recurring basis | Level 2 | Derivative instruments | Equity/Index-related products
Assets
Trading assets	29,808	31,945
Bank | Recurring basis | Level 2 | Derivative instruments | Other derivatives
Assets
Trading assets	196	110
Bank | Recurring basis | Level 2 | Other
Assets
Trading assets	553	880
Bank | Recurring basis | Level 3
Assets
Cash and Due from Banks	0	0
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	0	0
Securities received as collateral	14	101
Trading assets	4,503	7,535
Available-for-sale Securities, Debt Securities	0	0
Other investments	3,666	3,054
Loans	1,534	3,669
Loans - of which commercial and industrial	717	1,347
Loans - of which financial institutions	465	1,082
Other intangible assets (mortgage servicing rights), at fair value	167	180
Other assets	694	1,825
Other assets - of which loans held-for-sale	562	1,576
Other assets - of which failed purchases	11	51
Total assets at fair value	10,578	16,364
Bank | Recurring basis | Level 3 | Other equity investments
Assets
Other investments	2,863	2,132
Bank | Recurring basis | Level 3 | Life finance instruments
Assets
Other investments	789	920
Bank | Recurring basis | Level 3 | Debt securities
Assets
Trading assets	1,225	2,253
Bank | Recurring basis | Level 3 | Debt securities | Debt securities issued by foreign governments
Assets
Trading assets	35	140
Bank | Recurring basis | Level 3 | Debt securities | Corporate debt securities
Assets
Trading assets	478	1,270
Bank | Recurring basis | Level 3 | Debt securities | RMBS
Assets
Trading assets	424	557
Bank | Recurring basis | Level 3 | Equity securities
Assets
Trading assets	195	124
Bank | Recurring basis | Level 3 | Derivative instruments
Assets
Trading assets	2,187	3,911
Bank | Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives
Assets
Trading assets	624	733
Bank | Recurring basis | Level 3 | Derivative instruments | Foreign exchange derivatives
Assets
Trading assets	53	143
Bank | Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products
Assets
Trading assets	212	1,186
Bank | Recurring basis | Level 3 | Derivative instruments | Other derivatives
Assets
Trading assets	1,034	1,079
Bank | Recurring basis | Level 3 | Other
Assets
Trading assets	896	1,247
Bank | Recurring basis | Fair value measured at net asset value per share
Assets
Trading assets	665	658
Other investments	404	720
Total assets at fair value	1,069	1,378
Bank | Recurring basis | Fair value measured at net asset value per share | Other equity investments
Assets
Other investments	351	609
Bank | Recurring basis | Fair value measured at net asset value per share | Debt securities
Assets
Trading assets	82	55
Bank | Recurring basis | Fair value measured at net asset value per share | Debt securities | Corporate debt securities
Assets
Trading assets	82	55
Bank | Recurring basis | Fair value measured at net asset value per share | Equity securities
Assets
Trading assets	583	603
Bank | Nonrecurring basis
Assets
Other investments	152	543
Loans	17	71
Other assets	139	201
Total assets at fair value	308	815
Bank | Nonrecurring basis | Equity securities
Assets
Other investments	118	303
Bank | Nonrecurring basis | Equity securities (without a readily determinable fair value)
Assets
Other investments	21	227
Bank | Nonrecurring basis | Other assets
Assets
Other assets - of which loans held-for-sale	73	136
Other assets - of which premises, equipment and right-of-use assets	61	58
Bank | Nonrecurring basis | Level 1
Assets
Other investments	0	0
Loans	0	0
Other assets	0	0
Total assets at fair value	0	0
Bank | Nonrecurring basis | Level 1 | Equity securities
Assets
Other investments	0	0
Bank | Nonrecurring basis | Level 1 | Equity securities (without a readily determinable fair value)
Assets
Other investments	0	0
Bank | Nonrecurring basis | Level 1 | Other assets
Assets
Other assets - of which loans held-for-sale	0	0
Other assets - of which premises, equipment and right-of-use assets	0	0
Bank | Nonrecurring basis | Level 2
Assets
Other investments	0	217
Loans	12	67
Other assets	29	104
Total assets at fair value	41	388
Bank | Nonrecurring basis | Level 2 | Equity securities
Assets
Other investments	0	0
Bank | Nonrecurring basis | Level 2 | Equity securities (without a readily determinable fair value)
Assets
Other investments	0	217
Bank | Nonrecurring basis | Level 2 | Other assets
Assets
Other assets - of which loans held-for-sale	28	97
Other assets - of which premises, equipment and right-of-use assets	1	4
Bank | Nonrecurring basis | Level 3
Assets
Other investments	152	326
Loans	5	4
Other assets	110	97
Total assets at fair value	267	427
Bank | Nonrecurring basis | Level 3 | Equity securities
Assets
Other investments	118	303
Bank | Nonrecurring basis | Level 3 | Equity securities (without a readily determinable fair value)
Assets
Other investments	21	10
Bank | Nonrecurring basis | Level 3 | Other assets
Assets
Other assets - of which loans held-for-sale	45	39
Other assets - of which premises, equipment and right-of-use assets	SFr 60	SFr 54

FI - Liabilities measured at fa

FI - Liabilities measured at fair value (Details 3) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Liabilities
Due to banks	SFr 477	SFr 413
Customer deposits	3,700	4,343
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	13,213	13,594
Obligation to return securities received as collateral	15,017	50,773
Trading liabilities	27,535	45,871
Short-term borrowings	10,690	10,740
Long-term debt	68,722	70,976
Other liabilities	2,592	7,780
Netting impact	(100,900)	(130,000)
Recurring basis
Liabilities
Due to banks	477	413
Customer deposits	3,700	4,343
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	13,213	13,594
Obligation to return securities received as collateral	15,017	50,773
Trading liabilities	27,535	45,871
Short-term borrowings	10,690	10,740
Long-term debt	68,722	70,976
Other liabilities	2,592	7,780
Netting impact	(100,827)	(130,036)
Total liabilities at fair value	141,946	204,490
Recurring basis | Long-term debt - of which structured notes over one year and up to two years
Liabilities
Long-term debt	12,500	12,920
Recurring basis | Long-term debt - of which structured notes over two years
Liabilities
Long-term debt	30,486	33,856
Recurring basis | Long-term debt - of which other debt instruments over two years
Liabilities
Long-term debt	5,077
Recurring basis | Long-term debt - of which high-trigger instruments
Liabilities
Long-term debt	10,702	10,586
Recurring basis | Debt securities
Liabilities
Trading liabilities	7,677
Recurring basis | Debt securities | Debt securities issued by foreign governments
Liabilities
Trading liabilities	3,635
Recurring basis | Debt securities | Corporate debt securities
Liabilities
Trading liabilities	3,955
Recurring basis | Equity securities
Liabilities
Trading liabilities	9,012	20,694
Recurring basis | Short positions
Liabilities
Trading liabilities	16,689
Recurring basis | Derivative instruments
Liabilities
Trading liabilities	10,846	17,745
Netting impact	(100,522)	(129,867)
Recurring basis | Trading liabilities
Liabilities
Netting impact	(100,522)	(129,867)
Recurring basis | Other liabilities
Liabilities
Netting impact	(305)	(169)
Recurring basis | Level 1
Liabilities
Due to banks	0	0
Customer deposits	0	0
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	0	0
Obligation to return securities received as collateral	13,848	44,074
Trading liabilities	19,419	33,544
Short-term borrowings	0	0
Long-term debt	0	0
Other liabilities	348	0
Total liabilities at fair value	33,615	77,618
Recurring basis | Level 1 | Long-term debt - of which structured notes over one year and up to two years
Liabilities
Long-term debt	0	0
Recurring basis | Level 1 | Long-term debt - of which structured notes over two years
Liabilities
Long-term debt	0	0
Recurring basis | Level 1 | Long-term debt - of which other debt instruments over two years
Liabilities
Long-term debt	0
Recurring basis | Level 1 | Long-term debt - of which high-trigger instruments
Liabilities
Long-term debt	0	0
Recurring basis | Level 1 | Debt securities
Liabilities
Trading liabilities	2,809
Recurring basis | Level 1 | Debt securities | Debt securities issued by foreign governments
Liabilities
Trading liabilities	2,667
Recurring basis | Level 1 | Debt securities | Corporate debt securities
Liabilities
Trading liabilities	113
Recurring basis | Level 1 | Equity securities
Liabilities
Trading liabilities	8,880	20,527
Recurring basis | Level 1 | Short positions
Liabilities
Trading liabilities	11,689
Recurring basis | Level 1 | Derivative instruments
Liabilities
Trading liabilities	7,730	10,536
Recurring basis | Level 1 | Derivative instruments | Interest rate derivatives
Liabilities
Trading liabilities	776	3,264
Recurring basis | Level 1 | Derivative instruments | Foreign exchange derivatives
Liabilities
Trading liabilities	133	51
Recurring basis | Level 1 | Derivative instruments | Credit derivatives
Liabilities
Trading liabilities		0
Recurring basis | Level 1 | Derivative instruments | Equity/Index-related products
Liabilities
Trading liabilities	6,812	7,149
Recurring basis | Level 2
Liabilities
Due to banks	477	413
Customer deposits	3,306	3,895
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	13,213	13,594
Obligation to return securities received as collateral	1,155	6,598
Trading liabilities	105,828	137,947
Short-term borrowings	9,658	10,039
Long-term debt	59,046	63,708
Other liabilities	2,031	6,678
Total liabilities at fair value	194,714	242,872
Recurring basis | Level 2 | Long-term debt - of which structured notes over one year and up to two years
Liabilities
Long-term debt	11,036	11,787
Recurring basis | Level 2 | Long-term debt - of which structured notes over two years
Liabilities
Long-term debt	24,168	28,330
Recurring basis | Level 2 | Long-term debt - of which other debt instruments over two years
Liabilities
Long-term debt	3,223
Recurring basis | Level 2 | Long-term debt - of which high-trigger instruments
Liabilities
Long-term debt	10,702	10,586
Recurring basis | Level 2 | Debt securities
Liabilities
Trading liabilities	4,865
Recurring basis | Level 2 | Debt securities | Debt securities issued by foreign governments
Liabilities
Trading liabilities	968
Recurring basis | Level 2 | Debt securities | Corporate debt securities
Liabilities
Trading liabilities	3,839
Recurring basis | Level 2 | Equity securities
Liabilities
Trading liabilities	109	111
Recurring basis | Level 2 | Short positions
Liabilities
Trading liabilities	4,974
Recurring basis | Level 2 | Derivative instruments
Liabilities
Trading liabilities	100,854	132,885
Recurring basis | Level 2 | Derivative instruments | Interest rate derivatives
Liabilities
Trading liabilities	44,003	68,159
Recurring basis | Level 2 | Derivative instruments | Foreign exchange derivatives
Liabilities
Trading liabilities	22,646	28,819
Recurring basis | Level 2 | Derivative instruments | Credit derivatives
Liabilities
Trading liabilities		4,663
Recurring basis | Level 2 | Derivative instruments | Equity/Index-related products
Liabilities
Trading liabilities	27,919	30,612
Recurring basis | Level 3
Liabilities
Due to banks	0	0
Customer deposits	394	448
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	0	0
Obligation to return securities received as collateral	14	101
Trading liabilities	2,809	4,246
Short-term borrowings	1,032	701
Long-term debt	9,676	7,268
Other liabilities	518	1,271
Total liabilities at fair value	14,443	14,035
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years
Liabilities
Long-term debt	1,464	1,133
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years
Liabilities
Long-term debt	6,318	5,526
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years
Liabilities
Long-term debt	1,854
Recurring basis | Level 3 | Long-term debt - of which high-trigger instruments
Liabilities
Long-term debt	0	0
Recurring basis | Level 3 | Debt securities
Liabilities
Trading liabilities	3
Recurring basis | Level 3 | Debt securities | Debt securities issued by foreign governments
Liabilities
Trading liabilities	0
Recurring basis | Level 3 | Debt securities | Corporate debt securities
Liabilities
Trading liabilities	3
Recurring basis | Level 3 | Equity securities
Liabilities
Trading liabilities	22	55
Recurring basis | Level 3 | Short positions
Liabilities
Trading liabilities	25
Recurring basis | Level 3 | Derivative instruments
Liabilities
Trading liabilities	2,784	4,191
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives
Liabilities
Trading liabilities	26	169
Recurring basis | Level 3 | Derivative instruments | Foreign exchange derivatives
Liabilities
Trading liabilities	57	72
Recurring basis | Level 3 | Derivative instruments | Credit derivatives
Liabilities
Trading liabilities		1,335
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products
Liabilities
Trading liabilities	1,787	2,010
Recurring basis | Fair value measured at net asset value per share
Liabilities
Trading liabilities	1	1
Total liabilities at fair value	1	1
Recurring basis | Fair value measured at net asset value per share | Equity securities
Liabilities
Trading liabilities	1	1
Recurring basis | Fair value measured at net asset value per share | Short positions
Liabilities
Trading liabilities	1
Nonrecurring basis
Liabilities
Other liabilities	21	14
Other liabilities of which commitments held-for-sale	21	14
Total liabilities at fair value	21	14
Nonrecurring basis | Level 1
Liabilities
Other liabilities	0	0
Other liabilities of which commitments held-for-sale	0	0
Total liabilities at fair value	0	0
Nonrecurring basis | Level 2
Liabilities
Other liabilities	0	0
Other liabilities of which commitments held-for-sale	0	0
Total liabilities at fair value	0	0
Nonrecurring basis | Level 3
Liabilities
Other liabilities	21	14
Other liabilities of which commitments held-for-sale	21	14
Total liabilities at fair value	21	14
Bank
Liabilities
Due to banks	477	413
Customer deposits	3,700	4,343
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	13,307	13,688
Obligation to return securities received as collateral	15,017	50,773
Trading liabilities	27,539	45,871
Short-term borrowings	10,690	10,740
Long-term debt	67,788	70,243
Other liabilities	2,568	7,756
Netting impact	(100,900)	(130,100)
Bank | Recurring basis
Liabilities
Due to banks	477	413
Customer deposits	3,700	4,343
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	13,307	13,688
Obligation to return securities received as collateral	15,017	50,773
Trading liabilities	27,539	45,871
Short-term borrowings	10,690	10,740
Long-term debt	67,788	70,243
Other liabilities	2,568	7,756
Netting impact	(100,864)	(130,106)
Total liabilities at fair value	141,086	203,827
Bank | Recurring basis | Long-term debt - of which structured notes over one year and up to two years
Liabilities
Long-term debt	12,500	12,920
Bank | Recurring basis | Long-term debt - of which structured notes over two years
Liabilities
Long-term debt	30,486	33,856
Bank | Recurring basis | Long-term debt - of which other debt instruments over two years
Liabilities
Long-term debt	5,077
Bank | Recurring basis | Long-term debt - of which high-trigger instruments
Liabilities
Long-term debt	10,708	10,627
Bank | Recurring basis | Long-term debt - of which other subordinated bonds
Liabilities
Long-term debt	7,133
Bank | Recurring basis | Debt securities
Liabilities
Trading liabilities	7,677
Bank | Recurring basis | Debt securities | Debt securities issued by foreign governments
Liabilities
Trading liabilities	3,635
Bank | Recurring basis | Debt securities | Corporate debt securities
Liabilities
Trading liabilities	3,955
Bank | Recurring basis | Equity securities
Liabilities
Trading liabilities	9,016	20,694
Bank | Recurring basis | Short positions
Liabilities
Trading liabilities	16,693
Bank | Recurring basis | Derivative instruments
Liabilities
Trading liabilities	10,846	17,745
Netting impact	(100,559)	(129,937)
Bank | Recurring basis | Trading liabilities
Liabilities
Netting impact	(100,559)	(129,937)
Bank | Recurring basis | Other liabilities
Liabilities
Netting impact	(305)	(169)
Bank | Recurring basis | Level 1
Liabilities
Due to banks	0	0
Customer deposits	0	0
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	0	0
Obligation to return securities received as collateral	13,848	44,074
Trading liabilities	19,423	33,543
Short-term borrowings	0	0
Long-term debt	0	0
Other liabilities	348	0
Total liabilities at fair value	33,619	77,617
Bank | Recurring basis | Level 1 | Long-term debt - of which structured notes over one year and up to two years
Liabilities
Long-term debt	0	0
Bank | Recurring basis | Level 1 | Long-term debt - of which structured notes over two years
Liabilities
Long-term debt	0	0
Bank | Recurring basis | Level 1 | Long-term debt - of which other debt instruments over two years
Liabilities
Long-term debt	0
Bank | Recurring basis | Level 1 | Long-term debt - of which high-trigger instruments
Liabilities
Long-term debt	0	0
Bank | Recurring basis | Level 1 | Long-term debt - of which other subordinated bonds
Liabilities
Long-term debt	0
Bank | Recurring basis | Level 1 | Debt securities
Liabilities
Trading liabilities	2,809
Bank | Recurring basis | Level 1 | Debt securities | Debt securities issued by foreign governments
Liabilities
Trading liabilities	2,667
Bank | Recurring basis | Level 1 | Debt securities | Corporate debt securities
Liabilities
Trading liabilities	113
Bank | Recurring basis | Level 1 | Equity securities
Liabilities
Trading liabilities	8,884	20,527
Bank | Recurring basis | Level 1 | Short positions
Liabilities
Trading liabilities	11,693
Bank | Recurring basis | Level 1 | Derivative instruments
Liabilities
Trading liabilities	7,730	10,535
Bank | Recurring basis | Level 1 | Derivative instruments | Interest rate derivatives
Liabilities
Trading liabilities	776	3,264
Bank | Recurring basis | Level 1 | Derivative instruments | Foreign exchange derivatives
Liabilities
Trading liabilities	133	51
Bank | Recurring basis | Level 1 | Derivative instruments | Credit derivatives
Liabilities
Trading liabilities		0
Bank | Recurring basis | Level 1 | Derivative instruments | Equity/Index-related products
Liabilities
Trading liabilities	6,812	7,149
Bank | Recurring basis | Level 2
Liabilities
Due to banks	477	413
Customer deposits	3,306	3,895
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	13,307	13,688
Obligation to return securities received as collateral	1,155	6,598
Trading liabilities	105,865	138,018
Short-term borrowings	9,658	10,039
Long-term debt	58,112	62,957
Other liabilities	2,008	6,675
Total liabilities at fair value	193,888	242,283
Bank | Recurring basis | Level 2 | Long-term debt - of which structured notes over one year and up to two years
Liabilities
Long-term debt	11,036	11,787
Bank | Recurring basis | Level 2 | Long-term debt - of which structured notes over two years
Liabilities
Long-term debt	24,168	28,330
Bank | Recurring basis | Level 2 | Long-term debt - of which other debt instruments over two years
Liabilities
Long-term debt	3,223
Bank | Recurring basis | Level 2 | Long-term debt - of which high-trigger instruments
Liabilities
Long-term debt	10,708	10,627
Bank | Recurring basis | Level 2 | Long-term debt - of which other subordinated bonds
Liabilities
Long-term debt	7,133
Bank | Recurring basis | Level 2 | Debt securities
Liabilities
Trading liabilities	4,865
Bank | Recurring basis | Level 2 | Debt securities | Debt securities issued by foreign governments
Liabilities
Trading liabilities	968
Bank | Recurring basis | Level 2 | Debt securities | Corporate debt securities
Liabilities
Trading liabilities	3,839
Bank | Recurring basis | Level 2 | Equity securities
Liabilities
Trading liabilities	109	111
Bank | Recurring basis | Level 2 | Short positions
Liabilities
Trading liabilities	4,974
Bank | Recurring basis | Level 2 | Derivative instruments
Liabilities
Trading liabilities	100,891	132,956
Bank | Recurring basis | Level 2 | Derivative instruments | Interest rate derivatives
Liabilities
Trading liabilities	44,039	68,229
Bank | Recurring basis | Level 2 | Derivative instruments | Foreign exchange derivatives
Liabilities
Trading liabilities	22,646	28,819
Bank | Recurring basis | Level 2 | Derivative instruments | Credit derivatives
Liabilities
Trading liabilities		4,663
Bank | Recurring basis | Level 2 | Derivative instruments | Equity/Index-related products
Liabilities
Trading liabilities	27,919	30,612
Bank | Recurring basis | Level 3
Liabilities
Due to banks	0	0
Customer deposits	394	448
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	0	0
Obligation to return securities received as collateral	14	101
Trading liabilities	2,809	4,246
Short-term borrowings	1,032	701
Long-term debt	9,676	7,286
Other liabilities	517	1,250
Total liabilities at fair value	14,442	14,032
Bank | Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years
Liabilities
Long-term debt	1,464	1,133
Bank | Recurring basis | Level 3 | Long-term debt - of which structured notes over two years
Liabilities
Long-term debt	6,318	5,526
Bank | Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years
Liabilities
Long-term debt	1,854
Bank | Recurring basis | Level 3 | Long-term debt - of which high-trigger instruments
Liabilities
Long-term debt	0	0
Bank | Recurring basis | Level 3 | Long-term debt - of which other subordinated bonds
Liabilities
Long-term debt	0
Bank | Recurring basis | Level 3 | Debt securities
Liabilities
Trading liabilities	3
Bank | Recurring basis | Level 3 | Debt securities | Debt securities issued by foreign governments
Liabilities
Trading liabilities	0
Bank | Recurring basis | Level 3 | Debt securities | Corporate debt securities
Liabilities
Trading liabilities	3
Bank | Recurring basis | Level 3 | Equity securities
Liabilities
Trading liabilities	22	55
Bank | Recurring basis | Level 3 | Short positions
Liabilities
Trading liabilities	25
Bank | Recurring basis | Level 3 | Derivative instruments
Liabilities
Trading liabilities	2,784	4,191
Bank | Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives
Liabilities
Trading liabilities	26	169
Bank | Recurring basis | Level 3 | Derivative instruments | Foreign exchange derivatives
Liabilities
Trading liabilities	57	72
Bank | Recurring basis | Level 3 | Derivative instruments | Credit derivatives
Liabilities
Trading liabilities		1,335
Bank | Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products
Liabilities
Trading liabilities	1,787	2,010
Bank | Recurring basis | Fair value measured at net asset value per share
Liabilities
Trading liabilities	1	1
Total liabilities at fair value	1	1
Bank | Recurring basis | Fair value measured at net asset value per share | Equity securities
Liabilities
Trading liabilities	1	1
Bank | Recurring basis | Fair value measured at net asset value per share | Short positions
Liabilities
Trading liabilities	1
Bank | Nonrecurring basis
Liabilities
Other liabilities	21	14
Other liabilities of which commitments held-for-sale	21	14
Total liabilities at fair value	21	14
Bank | Nonrecurring basis | Level 1
Liabilities
Other liabilities	0	0
Other liabilities of which commitments held-for-sale	0	0
Total liabilities at fair value	0	0
Bank | Nonrecurring basis | Level 2
Liabilities
Other liabilities	0	0
Other liabilities of which commitments held-for-sale	0	0
Total liabilities at fair value	0	0
Bank | Nonrecurring basis | Level 3
Liabilities
Other liabilities	21	14
Other liabilities of which commitments held-for-sale	21	14
Total liabilities at fair value	SFr 21	SFr 14

FI - Roll-forward of assets mea

FI - Roll-forward of assets measured at fair value on recurring basis (Details 4) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Jan. 01, 2020
Assets measured at fair value on a recurring basis for level 3
Retained Earnings (Accumulated Deficit)	SFr 31,064	SFr 32,834
Recurring basis | Securities received as collateral
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	101	1
Transfers in, assets	0	0
Transfers out, assets	0	0
Purchases, assets	73	213
Sales, assets	(164)	(106)
Issuances, assets	0	0
Settlements, assets	0	0
Gain (loss) on transfers in/out included in trading revenues, assets	0	0
Gain (loss) on all other activity included in trading revenues, assets	0	0
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	4	(7)
Balance at end of period, assets	14	101
Recurring basis | Securities received as collateral | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	0	0
Recurring basis | Trading assets
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	7,535	7,885
Transfers in, assets	1,345	3,255
Transfers out, assets	(3,413)	(3,271)
Purchases, assets	4,867	6,304
Sales, assets	(5,685)	(6,740)
Issuances, assets	874	2,064
Settlements, assets	(1,629)	(2,968)
Gain (loss) on transfers in/out included in trading revenues, assets	(133)	290
Gain (loss) on all other activity included in trading revenues, assets	509	1,598
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	(1)	5
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	234	(887)
Balance at end of period, assets	4,503	7,535
Recurring basis | Trading assets | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	52	1,377
Recurring basis | Trading assets | Debt securities
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	2,253	1,923
Transfers in, assets	878	2,078
Transfers out, assets	(1,701)	(1,775)
Purchases, assets	3,668	3,811
Sales, assets	(4,141)	(3,493)
Issuances, assets	0	0
Settlements, assets	0	0
Gain (loss) on transfers in/out included in trading revenues, assets	(331)	1
Gain (loss) on all other activity included in trading revenues, assets	509	14
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	(1)	5
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	91	(311)
Balance at end of period, assets	1,225	2,253
Recurring basis | Trading assets | Debt securities | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	103	166
Recurring basis | Trading assets | Debt securities | Corporate debt securities
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,270	1,128
Transfers in, assets	471	703
Transfers out, assets	(747)	(809)
Purchases, assets	2,753	2,685
Sales, assets	(3,483)	(2,464)
Issuances, assets	0	0
Settlements, assets	0	0
Gain (loss) on transfers in/out included in trading revenues, assets	(321)	26
Gain (loss) on all other activity included in trading revenues, assets	472	211
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	63	(210)
Balance at end of period, assets	478	1,270
Recurring basis | Trading assets | Debt securities | Corporate debt securities | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	154	196
Recurring basis | Trading assets | Debt securities | RMBS
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	557
Transfers in, assets	158
Transfers out, assets	(615)
Purchases, assets	654
Sales, assets	(385)
Issuances, assets	0
Settlements, assets	0
Gain (loss) on transfers in/out included in trading revenues, assets	(25)
Gain (loss) on all other activity included in trading revenues, assets	59
Gain (loss) on transfers in/out included in other revenues, assets	0
Gain (loss) on all other activity included in other revenues, assets	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0
Foreign currency translation impact, assets	21
Balance at end of period, assets	424	557
Recurring basis | Trading assets | Debt securities | RMBS | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(15)
Recurring basis | Trading assets | Derivative instruments
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	3,911	3,534
Transfers in, assets	314	995
Transfers out, assets	(1,551)	(1,207)
Purchases, assets	0	0
Sales, assets	0	0
Issuances, assets	874	2,064
Settlements, assets	(1,514)	(2,891)
Gain (loss) on transfers in/out included in trading revenues, assets	79	213
Gain (loss) on all other activity included in trading revenues, assets	(16)	1,607
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	1
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	90	(405)
Balance at end of period, assets	2,187	3,911
Recurring basis | Trading assets | Derivative instruments | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	116	1,323
Recurring basis | Trading assets | Derivative instruments | Interest rate derivatives
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	733
Transfers in, assets	58
Transfers out, assets	(222)
Purchases, assets	0
Sales, assets	0
Issuances, assets	175
Settlements, assets	(79)
Gain (loss) on transfers in/out included in trading revenues, assets	(8)
Gain (loss) on all other activity included in trading revenues, assets	(14)
Gain (loss) on transfers in/out included in other revenues, assets	0
Gain (loss) on all other activity included in other revenues, assets	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0
Foreign currency translation impact, assets	(19)
Balance at end of period, assets	624	733
Recurring basis | Trading assets | Derivative instruments | Interest rate derivatives | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	141
Recurring basis | Trading assets | Derivative instruments | Equity/Index-related products
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,186	1,040
Transfers in, assets		255
Transfers out, assets		(519)
Purchases, assets		0
Sales, assets		0
Issuances, assets		507
Settlements, assets		(743)
Gain (loss) on transfers in/out included in trading revenues, assets		107
Gain (loss) on all other activity included in trading revenues, assets		725
Gain (loss) on transfers in/out included in other revenues, assets		0
Gain (loss) on all other activity included in other revenues, assets		0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets		0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets		0
Foreign currency translation impact, assets		(186)
Balance at end of period, assets		1,186
Recurring basis | Trading assets | Derivative instruments | Equity/Index-related products | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses		752
Recurring basis | Trading assets | Derivative instruments | Other derivatives
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,079	909
Transfers in, assets	1	0
Transfers out, assets	0	0
Purchases, assets	0	0
Sales, assets	0	0
Issuances, assets	311	303
Settlements, assets	(325)	(326)
Gain (loss) on transfers in/out included in trading revenues, assets	0	(1)
Gain (loss) on all other activity included in trading revenues, assets	(73)	291
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	41	(97)
Balance at end of period, assets	1,034	1,079
Recurring basis | Trading assets | Derivative instruments | Other derivatives | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(81)	310
Recurring basis | Trading assets | Other
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,247	2,231
Transfers in, assets	31	119
Transfers out, assets	(90)	(246)
Purchases, assets	1,035	2,420
Sales, assets	(1,371)	(3,189)
Issuances, assets	0	0
Settlements, assets	(115)	(77)
Gain (loss) on transfers in/out included in trading revenues, assets	62	72
Gain (loss) on all other activity included in trading revenues, assets	49	76
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	(1)
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	48	(158)
Balance at end of period, assets	896	1,247
Recurring basis | Trading assets | Other | Other derivatives | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(96)	(87)
Recurring basis | Other investments
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	3,054	2,523
Transfers in, assets	99	8
Transfers out, assets	(758)	0
Purchases, assets	1,517	442
Sales, assets	(663)	(194)
Issuances, assets	0	0
Settlements, assets	0	0
Gain (loss) on transfers in/out included in trading revenues, assets	0	0
Gain (loss) on all other activity included in trading revenues, assets	86	112
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	267	286
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	64	(123)
Balance at end of period, assets	3,666	3,054
Recurring basis | Other investments | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	120	409
Recurring basis | Other investments | Other equity investments
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	2,132	1,463
Transfers in, assets	65	7
Transfers out, assets	(757)	0
Purchases, assets	1,482	408
Sales, assets	(448)	(22)
Issuances, assets	0	0
Settlements, assets	0	0
Gain (loss) on transfers in/out included in trading revenues, assets	0	0
Gain (loss) on all other activity included in trading revenues, assets	96	13
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	263	293
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	30	(30)
Balance at end of period, assets	2,863	2,132
Recurring basis | Other investments | Other equity investments | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	80	298
Recurring basis | Other investments | Life finance instruments
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	920	1,052
Transfers in, assets	0	0
Transfers out, assets	0	0
Purchases, assets	33	34
Sales, assets	(188)	(172)
Issuances, assets	0	0
Settlements, assets	0	0
Gain (loss) on transfers in/out included in trading revenues, assets	0	0
Gain (loss) on all other activity included in trading revenues, assets	(10)	99
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	34	(93)
Balance at end of period, assets	789	920
Recurring basis | Other investments | Life finance instruments | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	39	112
Recurring basis | Loans
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	3,669	3,835
Transfers in, assets	257	1,268
Transfers out, assets	(1,315)	(549)
Purchases, assets	362	437
Sales, assets	(194)	(640)
Issuances, assets	207	1,170
Settlements, assets	(1,620)	(1,435)
Gain (loss) on transfers in/out included in trading revenues, assets	7	52
Gain (loss) on all other activity included in trading revenues, assets	55	(164)
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	(3)	1
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	109	(306)
Balance at end of period, assets	1,534	3,669
Recurring basis | Loans | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(59)	(97)
Recurring basis | Commercial and industrial loans
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,347	1,401
Transfers in, assets	213	446
Transfers out, assets	(364)	(170)
Purchases, assets	10	184
Sales, assets	(133)	(442)
Issuances, assets	162	610
Settlements, assets	(643)	(435)
Gain (loss) on transfers in/out included in trading revenues, assets	19	6
Gain (loss) on all other activity included in trading revenues, assets	74	(150)
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	(3)	1
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	35	(104)
Balance at end of period, assets	717	1,347
Recurring basis | Commercial and industrial loans | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	6	(183)
Recurring basis | Financial institutions loans
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,082	1,201
Transfers in, assets	43	238
Transfers out, assets	(340)	(245)
Purchases, assets	0	0
Sales, assets	(42)	(31)
Issuances, assets	34	499
Settlements, assets	(409)	(531)
Gain (loss) on transfers in/out included in trading revenues, assets	1	20
Gain (loss) on all other activity included in trading revenues, assets	70	43
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	26	(112)
Balance at end of period, assets	465	1,082
Recurring basis | Financial institutions loans | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	27	47
Recurring basis | Other intangible assets
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	180	244
Transfers in, assets	0	0
Transfers out, assets	0	0
Purchases, assets	22	0
Sales, assets	0	0
Issuances, assets	0	0
Settlements, assets	0	0
Gain (loss) on transfers in/out included in trading revenues, assets	0	0
Gain (loss) on all other activity included in trading revenues, assets	0	0
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	(42)	(44)
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	7	(20)
Balance at end of period, assets	167	180
Recurring basis | Other intangible assets | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(42)	(44)
Recurring basis | Other assets
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,825	1,846
Transfers in, assets	370	1,440
Transfers out, assets	(902)	(709)
Purchases, assets	3,447	4,553
Sales, assets	(3,269)	(4,595)
Issuances, assets	120	547
Settlements, assets	(924)	(995)
Gain (loss) on transfers in/out included in trading revenues, assets	14	(17)
Gain (loss) on all other activity included in trading revenues, assets	(41)	(14)
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	54	(231)
Balance at end of period, assets	694	1,825
Recurring basis | Other assets | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(137)	(48)
Recurring basis | Other assets - of which loans held-for-sale
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,576	1,619
Transfers in, assets	360	1,380
Transfers out, assets	(855)	(665)
Purchases, assets	3,394	4,504
Sales, assets	(3,222)	(4,567)
Issuances, assets	120	547
Settlements, assets	(921)	(994)
Gain (loss) on transfers in/out included in trading revenues, assets	25	(41)
Gain (loss) on all other activity included in trading revenues, assets	41	4
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	44	(211)
Balance at end of period, assets	562	1,576
Recurring basis | Other assets - of which loans held-for-sale | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(104)	(73)
Recurring basis | Assets
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	16,364	16,334
Transfers in, assets	2,071	5,971
Transfers out, assets	(6,388)	(4,529)
Purchases, assets	10,288	11,949
Sales, assets	(9,975)	(12,275)
Issuances, assets	1,201	3,781
Settlements, assets	(4,173)	(5,398)
Gain (loss) on transfers in/out included in trading revenues, assets	(112)	325
Gain (loss) on all other activity included in trading revenues, assets	609	1,532
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	221	248
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	472	(1,574)
Balance at end of period, assets	10,578	16,364
Recurring basis | Assets | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(66)	1,597
Nonrecurring basis | Accounting Standards Update 2019-05 [Member] | Revision of Prior Period, Accounting Standards Update, Adjustment [Member]
Assets measured at fair value on a recurring basis for level 3
Retained Earnings (Accumulated Deficit)			SFr 118
Bank
Assets measured at fair value on a recurring basis for level 3
Retained Earnings (Accumulated Deficit)	14,932	15,871
Bank | Recurring basis | Securities received as collateral
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	101	1
Transfers in, assets	0	0
Transfers out, assets	0	0
Purchases, assets	73	213
Sales, assets	(164)	(106)
Issuances, assets	0	0
Settlements, assets	0	0
Gain (loss) on transfers in/out included in trading revenues, assets	0	0
Gain (loss) on all other activity included in trading revenues, assets	0	0
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	4	(7)
Balance at end of period, assets	14	101
Bank | Recurring basis | Securities received as collateral | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	0	0
Bank | Recurring basis | Trading assets
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	7,535	7,885
Transfers in, assets	1,345	3,255
Transfers out, assets	(3,413)	(3,271)
Purchases, assets	4,867	6,304
Sales, assets	(5,685)	(6,740)
Issuances, assets	874	2,064
Settlements, assets	(1,629)	(2,968)
Gain (loss) on transfers in/out included in trading revenues, assets	(133)	290
Gain (loss) on all other activity included in trading revenues, assets	509	1,598
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	(1)	5
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	234	(887)
Balance at end of period, assets	4,503	7,535
Bank | Recurring basis | Trading assets | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	52	1,377
Bank | Recurring basis | Trading assets | Debt securities
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	2,253	1,923
Transfers in, assets	878	2,078
Transfers out, assets	(1,701)	(1,775)
Purchases, assets	3,668	3,811
Sales, assets	(4,141)	(3,493)
Issuances, assets	0	0
Settlements, assets	0	0
Gain (loss) on transfers in/out included in trading revenues, assets	(331)	1
Gain (loss) on all other activity included in trading revenues, assets	509	14
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	(1)	5
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	91	(311)
Balance at end of period, assets	1,225	2,253
Bank | Recurring basis | Trading assets | Debt securities | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	103	166
Bank | Recurring basis | Trading assets | Debt securities | Corporate debt securities
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,270	1,128
Transfers in, assets	471	703
Transfers out, assets	(747)	(809)
Purchases, assets	2,753	2,685
Sales, assets	(3,483)	(2,464)
Issuances, assets	0	0
Settlements, assets	0	0
Gain (loss) on transfers in/out included in trading revenues, assets	(321)	26
Gain (loss) on all other activity included in trading revenues, assets	472	211
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	63	(210)
Balance at end of period, assets	478	1,270
Bank | Recurring basis | Trading assets | Debt securities | Corporate debt securities | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	154	196
Bank | Recurring basis | Trading assets | Debt securities | RMBS
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	557
Transfers in, assets	158
Transfers out, assets	(615)
Purchases, assets	654
Sales, assets	(385)
Issuances, assets	0
Settlements, assets	0
Gain (loss) on transfers in/out included in trading revenues, assets	(25)
Gain (loss) on all other activity included in trading revenues, assets	59
Gain (loss) on transfers in/out included in other revenues, assets	0
Gain (loss) on all other activity included in other revenues, assets	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0
Foreign currency translation impact, assets	21
Balance at end of period, assets	424	557
Bank | Recurring basis | Trading assets | Debt securities | RMBS | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(15)
Bank | Recurring basis | Trading assets | Derivative instruments
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	3,911	3,534
Transfers in, assets	314	995
Transfers out, assets	(1,551)	(1,207)
Purchases, assets	0	0
Sales, assets	0	0
Issuances, assets	874	2,064
Settlements, assets	(1,514)	(2,891)
Gain (loss) on transfers in/out included in trading revenues, assets	79	213
Gain (loss) on all other activity included in trading revenues, assets	(16)	1,607
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	1
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	90	(405)
Balance at end of period, assets	2,187	3,911
Bank | Recurring basis | Trading assets | Derivative instruments | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	116	1,323
Bank | Recurring basis | Trading assets | Derivative instruments | Interest rate derivatives
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	733
Transfers in, assets	58
Transfers out, assets	(222)
Purchases, assets	0
Sales, assets	0
Issuances, assets	175
Settlements, assets	(79)
Gain (loss) on transfers in/out included in trading revenues, assets	(8)
Gain (loss) on all other activity included in trading revenues, assets	(14)
Gain (loss) on transfers in/out included in other revenues, assets	0
Gain (loss) on all other activity included in other revenues, assets	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0
Foreign currency translation impact, assets	(19)
Balance at end of period, assets	624	733
Bank | Recurring basis | Trading assets | Derivative instruments | Interest rate derivatives | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	141
Bank | Recurring basis | Trading assets | Derivative instruments | Equity/Index-related products
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,186	1,040
Transfers in, assets		255
Transfers out, assets		(519)
Purchases, assets		0
Sales, assets		0
Issuances, assets		507
Settlements, assets		(743)
Gain (loss) on transfers in/out included in trading revenues, assets		107
Gain (loss) on all other activity included in trading revenues, assets		725
Gain (loss) on transfers in/out included in other revenues, assets		0
Gain (loss) on all other activity included in other revenues, assets		0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets		0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets		0
Foreign currency translation impact, assets		(186)
Balance at end of period, assets		1,186
Bank | Recurring basis | Trading assets | Derivative instruments | Equity/Index-related products | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses		752
Bank | Recurring basis | Trading assets | Derivative instruments | Other derivatives
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,079	909
Transfers in, assets	1	0
Transfers out, assets	0	0
Purchases, assets	0	0
Sales, assets	0	0
Issuances, assets	311	303
Settlements, assets	(325)	(326)
Gain (loss) on transfers in/out included in trading revenues, assets	0	(1)
Gain (loss) on all other activity included in trading revenues, assets	(73)	291
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	41	(97)
Balance at end of period, assets	1,034	1,079
Bank | Recurring basis | Trading assets | Derivative instruments | Other derivatives | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(81)	310
Bank | Recurring basis | Trading assets | Other
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,247	2,231
Transfers in, assets	31	119
Transfers out, assets	(90)	(246)
Purchases, assets	1,035	2,420
Sales, assets	(1,371)	(3,189)
Issuances, assets	0	0
Settlements, assets	(115)	(77)
Gain (loss) on transfers in/out included in trading revenues, assets	62	72
Gain (loss) on all other activity included in trading revenues, assets	49	76
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	(1)
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	48	(158)
Balance at end of period, assets	896	1,247
Bank | Recurring basis | Trading assets | Other | Other derivatives | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(96)	(87)
Bank | Recurring basis | Other investments
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	3,054	2,523
Transfers in, assets	99	8
Transfers out, assets	(758)	0
Purchases, assets	1,513	442
Sales, assets	(658)	(194)
Issuances, assets	0	0
Settlements, assets	0	0
Gain (loss) on transfers in/out included in trading revenues, assets	0	0
Gain (loss) on all other activity included in trading revenues, assets	86	112
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	267	286
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	63	(123)
Balance at end of period, assets	3,666	3,054
Bank | Recurring basis | Other investments | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	120	409
Bank | Recurring basis | Other investments | Other equity investments
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	2,132	1,463
Transfers in, assets	65	7
Transfers out, assets	(757)	0
Purchases, assets	1,478	408
Sales, assets	(443)	(22)
Issuances, assets	0	0
Settlements, assets	0	0
Gain (loss) on transfers in/out included in trading revenues, assets	0	0
Gain (loss) on all other activity included in trading revenues, assets	96	13
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	262	293
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	30	(30)
Balance at end of period, assets	2,863	2,132
Bank | Recurring basis | Other investments | Other equity investments | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	80	298
Bank | Recurring basis | Other investments | Life finance instruments
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	920	1,052
Transfers in, assets	0	0
Transfers out, assets	0	0
Purchases, assets	33	34
Sales, assets	(188)	(172)
Issuances, assets	0	0
Settlements, assets	0	0
Gain (loss) on transfers in/out included in trading revenues, assets	0	0
Gain (loss) on all other activity included in trading revenues, assets	(10)	99
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	34	(93)
Balance at end of period, assets	789	920
Bank | Recurring basis | Other investments | Life finance instruments | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	39	112
Bank | Recurring basis | Loans
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	3,669	3,835
Transfers in, assets	257	1,268
Transfers out, assets	(1,315)	(549)
Purchases, assets	362	437
Sales, assets	(194)	(640)
Issuances, assets	207	1,170
Settlements, assets	(1,620)	(1,435)
Gain (loss) on transfers in/out included in trading revenues, assets	7	52
Gain (loss) on all other activity included in trading revenues, assets	55	(164)
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	(3)	1
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	109	(306)
Balance at end of period, assets	1,534	3,669
Bank | Recurring basis | Loans | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(59)	(97)
Bank | Recurring basis | Commercial and industrial loans
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,347	1,402
Transfers in, assets	213	446
Transfers out, assets	(364)	(170)
Purchases, assets	10	184
Sales, assets	(133)	(442)
Issuances, assets	162	610
Settlements, assets	(643)	(435)
Gain (loss) on transfers in/out included in trading revenues, assets	19	6
Gain (loss) on all other activity included in trading revenues, assets	74	(150)
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	(3)	1
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	35	(105)
Balance at end of period, assets	717	1,347
Bank | Recurring basis | Commercial and industrial loans | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	6	(183)
Bank | Recurring basis | Financial institutions loans
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,082	1,201
Transfers in, assets	43	238
Transfers out, assets	(340)	(245)
Purchases, assets	0	0
Sales, assets	(42)	(31)
Issuances, assets	34	499
Settlements, assets	(409)	(531)
Gain (loss) on transfers in/out included in trading revenues, assets	1	20
Gain (loss) on all other activity included in trading revenues, assets	70	43
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	26	(112)
Balance at end of period, assets	465	1,082
Bank | Recurring basis | Financial institutions loans | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	27	47
Bank | Recurring basis | Other intangible assets
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	180	244
Transfers in, assets	0	0
Transfers out, assets	0	0
Purchases, assets	22	0
Sales, assets	0	0
Issuances, assets	0	0
Settlements, assets	0	0
Gain (loss) on transfers in/out included in trading revenues, assets	0	0
Gain (loss) on all other activity included in trading revenues, assets	0	0
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	(42)	(44)
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	7	(20)
Balance at end of period, assets	167	180
Bank | Recurring basis | Other intangible assets | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(42)	(44)
Bank | Recurring basis | Other assets
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,825	1,846
Transfers in, assets	370	1,440
Transfers out, assets	(902)	(709)
Purchases, assets	3,447	4,553
Sales, assets	(3,269)	(4,595)
Issuances, assets	120	547
Settlements, assets	(924)	(995)
Gain (loss) on transfers in/out included in trading revenues, assets	14	(17)
Gain (loss) on all other activity included in trading revenues, assets	(41)	(14)
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	54	(231)
Balance at end of period, assets	694	1,825
Bank | Recurring basis | Other assets | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(137)	(48)
Bank | Recurring basis | Other assets - of which loans held-for-sale
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	1,576	1,619
Transfers in, assets	360	1,380
Transfers out, assets	(855)	(665)
Purchases, assets	3,394	4,504
Sales, assets	(3,222)	(4,567)
Issuances, assets	120	547
Settlements, assets	(921)	(994)
Gain (loss) on transfers in/out included in trading revenues, assets	25	(41)
Gain (loss) on all other activity included in trading revenues, assets	41	4
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	44	(211)
Balance at end of period, assets	562	1,576
Bank | Recurring basis | Other assets - of which loans held-for-sale | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(104)	(73)
Bank | Recurring basis | Assets
Assets measured at fair value on a recurring basis for level 3
Balance at beginning of period, assets	16,364	16,334
Transfers in, assets	2,071	5,971
Transfers out, assets	(6,388)	(4,529)
Purchases, assets	10,284	11,949
Sales, assets	(9,970)	(12,275)
Issuances, assets	1,201	3,781
Settlements, assets	(4,173)	(5,398)
Gain (loss) on transfers in/out included in trading revenues, assets	(112)	325
Gain (loss) on all other activity included in trading revenues, assets	609	1,532
Gain (loss) on transfers in/out included in other revenues, assets	0	0
Gain (loss) on all other activity included in other revenues, assets	221	248
Gain (loss) on transfers in/out included in accumulated other comprehensive income, assets	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, assets	0	0
Foreign currency translation impact, assets	471	(1,574)
Balance at end of period, assets	10,578	16,364
Bank | Recurring basis | Assets | Net Revenue [Member]
Assets measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	SFr (66)	SFr 1,597
Bank | Nonrecurring basis | Accounting Standards Update 2019-05 [Member] | Revision of Prior Period, Accounting Standards Update, Adjustment [Member]
Assets measured at fair value on a recurring basis for level 3
Retained Earnings (Accumulated Deficit)			SFr 119

FI - Roll-forward of liabilitie

FI - Roll-forward of liabilities measured at fair value on recurring basis (Details 5) - Recurring basis - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Customer deposits
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	SFr 448	SFr 474
Transfers in, liabilities	0	0
Transfers out, liabilities	0	0
Purchases, liabilities	0	0
Sales, liabilities	0	0
Issuances, liabilities	0	0
Settlements, liabilities	0	(27)
Gain (loss) on transfers in/out included in trading revenues, liabilities	0	0
Gain (loss) on all other activity included in trading revenues, liabilities	(18)	7
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	(14)	10
Foreign currency translation impact, liabilities	(22)	(16)
Balance at end of period, liabilities	394	448
Customer deposits | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(29)	46
Obligation to return securities received as collateral
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	101	1
Transfers in, liabilities	0	0
Transfers out, liabilities	0	0
Purchases, liabilities	73	213
Sales, liabilities	(164)	(106)
Issuances, liabilities	0	0
Settlements, liabilities	0	0
Gain (loss) on transfers in/out included in trading revenues, liabilities	0	0
Gain (loss) on all other activity included in trading revenues, liabilities	0	0
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	0	0
Foreign currency translation impact, liabilities	4	(7)
Balance at end of period, liabilities	14	101
Obligation to return securities received as collateral | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	0	0
Trading liabilities
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	4,246	3,854
Transfers in, liabilities	1,007	848
Transfers out, liabilities	(2,703)	(1,614)
Purchases, liabilities	45	471
Sales, liabilities	(56)	(310)
Issuances, liabilities	1,135	2,146
Settlements, liabilities	(1,498)	(2,375)
Gain (loss) on transfers in/out included in trading revenues, liabilities	340	260
Gain (loss) on all other activity included in trading revenues, liabilities	138	1,428
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	0	0
Foreign currency translation impact, liabilities	155	(462)
Balance at end of period, liabilities	2,809	4,246
Trading liabilities | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	653	1,653
Trading liabilities | Derivative instruments
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	4,191	3,801
Transfers in, liabilities	838	829
Transfers out, liabilities	(2,553)	(1,611)
Purchases, liabilities	19	198
Sales, liabilities	(8)	(8)
Issuances, liabilities	1,135	2,146
Settlements, liabilities	(1,498)	(2,375)
Gain (loss) on transfers in/out included in trading revenues, liabilities	340	259
Gain (loss) on all other activity included in trading revenues, liabilities	166	1,410
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	0	0
Foreign currency translation impact, liabilities	154	(458)
Balance at end of period, liabilities	2,784	4,191
Trading liabilities | Derivative instruments | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	629	1,646
Trading liabilities | Derivative instruments | Equity/Index-related products
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	2,010	1,921
Transfers in, liabilities	562	248
Transfers out, liabilities	(1,498)	(954)
Purchases, liabilities	0	0
Sales, liabilities	0	0
Issuances, liabilities	581	776
Settlements, liabilities	(644)	(536)
Gain (loss) on transfers in/out included in trading revenues, liabilities	353	167
Gain (loss) on all other activity included in trading revenues, liabilities	352	644
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	0	0
Foreign currency translation impact, liabilities	71	(256)
Balance at end of period, liabilities	1,787	2,010
Trading liabilities | Derivative instruments | Equity/Index-related products | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	712	1,162
Trading liabilities | Derivative instruments | Credit derivatives
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	1,335	1,211
Transfers in, liabilities		539
Transfers out, liabilities		(562)
Purchases, liabilities		0
Sales, liabilities		0
Issuances, liabilities		1,111
Settlements, liabilities		(1,425)
Gain (loss) on transfers in/out included in trading revenues, liabilities		85
Gain (loss) on all other activity included in trading revenues, liabilities		502
Gain (loss) on transfers in/out included in other revenues, liabilities		0
Gain (loss) on all other activity included in other revenues, liabilities		0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities		0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities		0
Foreign currency translation impact, liabilities		(126)
Balance at end of period, liabilities		1,335
Trading liabilities | Derivative instruments | Credit derivatives | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses		277
Short-term borrowings
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	701	997
Transfers in, liabilities	359	37
Transfers out, liabilities	(550)	(294)
Purchases, liabilities	0	0
Sales, liabilities	0	0
Issuances, liabilities	1,766	1,307
Settlements, liabilities	(1,363)	(1,189)
Gain (loss) on transfers in/out included in trading revenues, liabilities	(35)	4
Gain (loss) on all other activity included in trading revenues, liabilities	128	(62)
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	0	0
Foreign currency translation impact, liabilities	26	(99)
Balance at end of period, liabilities	1,032	701
Short-term borrowings | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	72	94
Long-term debt
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	7,268	12,610
Transfers in, liabilities	4,767	3,214
Transfers out, liabilities	(6,677)	(7,478)
Purchases, liabilities	0	0
Sales, liabilities	0	0
Issuances, liabilities	11,323	5,891
Settlements, liabilities	(6,863)	(5,622)
Gain (loss) on transfers in/out included in trading revenues, liabilities	(38)	568
Gain (loss) on all other activity included in trading revenues, liabilities	(316)	(708)
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	(5)	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	99
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	(50)	(81)
Foreign currency translation impact, liabilities	267	(1,225)
Balance at end of period, liabilities	9,676	7,268
Long-term debt | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(32)	236
Long-term debt | Long-term debt - of which structured notes over one year and up to two years
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	1,133	891
Transfers in, liabilities	1,802	689
Transfers out, liabilities	(1,979)	(676)
Purchases, liabilities	0	0
Sales, liabilities	0	0
Issuances, liabilities	2,052	1,022
Settlements, liabilities	(1,663)	(690)
Gain (loss) on transfers in/out included in trading revenues, liabilities	(26)	40
Gain (loss) on all other activity included in trading revenues, liabilities	104	(38)
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	(1)	1
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	(1)	(1)
Foreign currency translation impact, liabilities	43	(105)
Balance at end of period, liabilities	1,464	1,133
Long-term debt | Long-term debt - of which structured notes over one year and up to two years | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(2)	(19)
Long-term debt | Long-term debt - of which structured notes over two years
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	5,526	11,458
Transfers in, liabilities	2,965	1,614
Transfers out, liabilities	(4,314)	(6,479)
Purchases, liabilities	0	0
Sales, liabilities	0	0
Issuances, liabilities	7,540	4,766
Settlements, liabilities	(5,038)	(4,577)
Gain (loss) on transfers in/out included in trading revenues, liabilities	11	532
Gain (loss) on all other activity included in trading revenues, liabilities	(528)	(683)
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	1	98
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	(47)	(92)
Foreign currency translation impact, liabilities	202	(1,111)
Balance at end of period, liabilities	6,318	5,526
Long-term debt | Long-term debt - of which structured notes over two years | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(312)	224
Long-term debt | Long-term debt - of which other debt instruments over two years
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	165
Transfers in, liabilities	0
Transfers out, liabilities	(2)
Purchases, liabilities	0
Sales, liabilities	0
Issuances, liabilities	1,616
Settlements, liabilities	(36)
Gain (loss) on transfers in/out included in trading revenues, liabilities	0
Gain (loss) on all other activity included in trading revenues, liabilities	105
Gain (loss) on transfers in/out included in other revenues, liabilities	0
Gain (loss) on all other activity included in other revenues, liabilities	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	0
Foreign currency translation impact, liabilities	6
Balance at end of period, liabilities	1,854	165
Long-term debt | Long-term debt - of which other debt instruments over two years | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	306
Other liabilities
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	1,271	1,385
Transfers in, liabilities	21	160
Transfers out, liabilities	(556)	(183)
Purchases, liabilities	51	266
Sales, liabilities	(89)	(277)
Issuances, liabilities	116	129
Settlements, liabilities	(501)	(396)
Gain (loss) on transfers in/out included in trading revenues, liabilities	10	(33)
Gain (loss) on all other activity included in trading revenues, liabilities	(28)	37
Gain (loss) on transfers in/out included in other revenues, liabilities	113	0
Gain (loss) on all other activity included in other revenues, liabilities	66	300
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	0	0
Foreign currency translation impact, liabilities	44	(117)
Balance at end of period, liabilities	518	1,271
Other liabilities | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	26	64
Liabilities
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	14,035	19,321
Transfers in, liabilities	6,154	4,259
Transfers out, liabilities	(10,486)	(9,569)
Purchases, liabilities	169	950
Sales, liabilities	(309)	(693)
Issuances, liabilities	14,340	9,473
Settlements, liabilities	(10,225)	(9,609)
Gain (loss) on transfers in/out included in trading revenues, liabilities	277	799
Gain (loss) on all other activity included in trading revenues, liabilities	(96)	702
Gain (loss) on transfers in/out included in other revenues, liabilities	113	0
Gain (loss) on all other activity included in other revenues, liabilities	61	300
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	99
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	(64)	(71)
Foreign currency translation impact, liabilities	474	(1,926)
Balance at end of period, liabilities	14,443	14,035
Liabilities | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	690	2,093
Bank | Customer deposits
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	448	474
Transfers in, liabilities	0	0
Transfers out, liabilities	0	0
Purchases, liabilities	0	0
Sales, liabilities	0	0
Issuances, liabilities	0	0
Settlements, liabilities	0	(27)
Gain (loss) on transfers in/out included in trading revenues, liabilities	0	0
Gain (loss) on all other activity included in trading revenues, liabilities	(18)	7
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	(14)	10
Foreign currency translation impact, liabilities	(22)	(16)
Balance at end of period, liabilities	394	448
Bank | Customer deposits | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(29)	46
Bank | Obligation to return securities received as collateral
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	101	1
Transfers in, liabilities	0	0
Transfers out, liabilities	0	0
Purchases, liabilities	73	213
Sales, liabilities	(164)	(106)
Issuances, liabilities	0	0
Settlements, liabilities	0	0
Gain (loss) on transfers in/out included in trading revenues, liabilities	0	0
Gain (loss) on all other activity included in trading revenues, liabilities	0	0
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	0	0
Foreign currency translation impact, liabilities	4	(7)
Balance at end of period, liabilities	14	101
Bank | Obligation to return securities received as collateral | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	0	0
Bank | Trading liabilities
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	4,246	3,854
Transfers in, liabilities	1,007	848
Transfers out, liabilities	(2,703)	(1,614)
Purchases, liabilities	45	471
Sales, liabilities	(56)	(310)
Issuances, liabilities	1,135	2,146
Settlements, liabilities	(1,498)	(2,375)
Gain (loss) on transfers in/out included in trading revenues, liabilities	340	260
Gain (loss) on all other activity included in trading revenues, liabilities	138	1,428
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	0	0
Foreign currency translation impact, liabilities	155	(462)
Balance at end of period, liabilities	2,809	4,246
Bank | Trading liabilities | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	653	1,653
Bank | Trading liabilities | Derivative instruments
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	4,191	3,801
Transfers in, liabilities	838	829
Transfers out, liabilities	(2,553)	(1,611)
Purchases, liabilities	19	198
Sales, liabilities	(8)	(8)
Issuances, liabilities	1,135	2,146
Settlements, liabilities	(1,498)	(2,375)
Gain (loss) on transfers in/out included in trading revenues, liabilities	340	259
Gain (loss) on all other activity included in trading revenues, liabilities	166	1,410
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	0	0
Foreign currency translation impact, liabilities	154	(458)
Balance at end of period, liabilities	2,784	4,191
Bank | Trading liabilities | Derivative instruments | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	629	1,646
Bank | Trading liabilities | Derivative instruments | Equity/Index-related products
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	2,010	1,921
Transfers in, liabilities	562	248
Transfers out, liabilities	(1,498)	(954)
Purchases, liabilities	0	0
Sales, liabilities	0	0
Issuances, liabilities	581	776
Settlements, liabilities	(644)	(536)
Gain (loss) on transfers in/out included in trading revenues, liabilities	353	167
Gain (loss) on all other activity included in trading revenues, liabilities	352	644
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	0	0
Foreign currency translation impact, liabilities	71	(256)
Balance at end of period, liabilities	1,787	2,010
Bank | Trading liabilities | Derivative instruments | Equity/Index-related products | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	712	1,162
Bank | Trading liabilities | Derivative instruments | Credit derivatives
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	1,335	1,211
Transfers in, liabilities		539
Transfers out, liabilities		(562)
Purchases, liabilities		0
Sales, liabilities		0
Issuances, liabilities		1,111
Settlements, liabilities		(1,425)
Gain (loss) on transfers in/out included in trading revenues, liabilities		85
Gain (loss) on all other activity included in trading revenues, liabilities		502
Gain (loss) on transfers in/out included in other revenues, liabilities		0
Gain (loss) on all other activity included in other revenues, liabilities		0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities		0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities		0
Foreign currency translation impact, liabilities		(126)
Balance at end of period, liabilities		1,335
Bank | Trading liabilities | Derivative instruments | Credit derivatives | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses		277
Bank | Short-term borrowings
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	701	997
Transfers in, liabilities	359	37
Transfers out, liabilities	(550)	(294)
Purchases, liabilities	0	0
Sales, liabilities	0	0
Issuances, liabilities	1,766	1,307
Settlements, liabilities	(1,363)	(1,189)
Gain (loss) on transfers in/out included in trading revenues, liabilities	(35)	4
Gain (loss) on all other activity included in trading revenues, liabilities	128	(62)
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	0	0
Foreign currency translation impact, liabilities	26	(99)
Balance at end of period, liabilities	1,032	701
Bank | Short-term borrowings | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	72	94
Bank | Long-term debt
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	7,286	12,749
Transfers in, liabilities	4,767	3,089
Transfers out, liabilities	(6,698)	(7,478)
Purchases, liabilities	0	0
Sales, liabilities	0	0
Issuances, liabilities	11,323	5,891
Settlements, liabilities	(6,863)	(5,622)
Gain (loss) on transfers in/out included in trading revenues, liabilities	(36)	568
Gain (loss) on all other activity included in trading revenues, liabilities	(324)	(690)
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	99
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	(49)	(82)
Foreign currency translation impact, liabilities	270	(1,238)
Balance at end of period, liabilities	9,676	7,286
Bank | Long-term debt | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(31)	209
Bank | Long-term debt | Long-term debt - of which structured notes over one year and up to two years
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	1,133	891
Transfers in, liabilities	1,802	689
Transfers out, liabilities	(1,979)	(676)
Purchases, liabilities	0	0
Sales, liabilities	0	0
Issuances, liabilities	2,052	1,022
Settlements, liabilities	(1,663)	(690)
Gain (loss) on transfers in/out included in trading revenues, liabilities	(26)	40
Gain (loss) on all other activity included in trading revenues, liabilities	104	(38)
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	(1)	1
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	(1)	(1)
Foreign currency translation impact, liabilities	43	(105)
Balance at end of period, liabilities	1,464	1,133
Bank | Long-term debt | Long-term debt - of which structured notes over one year and up to two years | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(2)	(19)
Bank | Long-term debt | Long-term debt - of which structured notes over two years
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	5,526	11,458
Transfers in, liabilities	2,965	1,614
Transfers out, liabilities	(4,314)	(6,479)
Purchases, liabilities	0	0
Sales, liabilities	0	0
Issuances, liabilities	7,540	4,766
Settlements, liabilities	(5,038)	(4,577)
Gain (loss) on transfers in/out included in trading revenues, liabilities	11	532
Gain (loss) on all other activity included in trading revenues, liabilities	(528)	(683)
Gain (loss) on transfers in/out included in other revenues, liabilities	0	0
Gain (loss) on all other activity included in other revenues, liabilities	0	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	1	98
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	(47)	(92)
Foreign currency translation impact, liabilities	202	(1,111)
Balance at end of period, liabilities	6,318	5,526
Bank | Long-term debt | Long-term debt - of which structured notes over two years | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(312)	224
Bank | Long-term debt | Long-term debt - of which other debt instruments over two years
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	165
Transfers in, liabilities	0
Transfers out, liabilities	(2)
Purchases, liabilities	0
Sales, liabilities	0
Issuances, liabilities	1,616
Settlements, liabilities	(36)
Gain (loss) on transfers in/out included in trading revenues, liabilities	0
Gain (loss) on all other activity included in trading revenues, liabilities	105
Gain (loss) on transfers in/out included in other revenues, liabilities	0
Gain (loss) on all other activity included in other revenues, liabilities	0
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	0
Foreign currency translation impact, liabilities	6
Balance at end of period, liabilities	1,854	165
Bank | Long-term debt | Long-term debt - of which other debt instruments over two years | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	306
Bank | Other liabilities
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	1,250	1,367
Transfers in, liabilities	21	160
Transfers out, liabilities	(538)	(183)
Purchases, liabilities	51	266
Sales, liabilities	(89)	(277)
Issuances, liabilities	116	129
Settlements, liabilities	(493)	(390)
Gain (loss) on transfers in/out included in trading revenues, liabilities	10	(33)
Gain (loss) on all other activity included in trading revenues, liabilities	(28)	37
Gain (loss) on transfers in/out included in other revenues, liabilities	109	0
Gain (loss) on all other activity included in other revenues, liabilities	66	289
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	0
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	0	0
Foreign currency translation impact, liabilities	42	(115)
Balance at end of period, liabilities	517	1,250
Bank | Other liabilities | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	26	64
Bank | Liabilities
Liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, liabilities	14,032	19,442
Transfers in, liabilities	6,154	4,134
Transfers out, liabilities	(10,489)	(9,569)
Purchases, liabilities	169	950
Sales, liabilities	(309)	(693)
Issuances, liabilities	14,340	9,473
Settlements, liabilities	(10,217)	(9,603)
Gain (loss) on transfers in/out included in trading revenues, liabilities	279	799
Gain (loss) on all other activity included in trading revenues, liabilities	(104)	720
Gain (loss) on transfers in/out included in other revenues, liabilities	109	0
Gain (loss) on all other activity included in other revenues, liabilities	66	289
Gain (loss) on transfers in/out included in accumulated other comprehensive income, liabilities	0	99
Gain (loss) on all other activity included in accumulated other comprehensive income, liabilities	(63)	(72)
Foreign currency translation impact, liabilities	475	(1,937)
Balance at end of period, liabilities	14,442	14,032
Bank | Liabilities | Net Revenue [Member]
Liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	SFr 691	SFr 2,066

FI - Roll-forward of net assets

FI - Roll-forward of net assets measured at fair value on recurring basis (Details 7) - Recurring basis - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Net assets/liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, net assets/liabilities	SFr 2,329	SFr (2,987)
Transfers in, net assets/liabilities	(4,083)	1,712
Transfers out, net assets/liabilities	4,098	5,040
Purchases, net assets/liabilities	10,119	10,999
Sales, net assets/liabilities	(9,666)	(11,582)
Issuances, net assets/liabilities	(13,139)	(5,692)
Settlements, net assets/liabilities	6,052	4,211
Gain (loss) on transfers in/out included in trading revenues, net assets/liabilities	(389)	(474)
Gain (loss) on all other activity included in trading revenues, net assets/liabilities	705	830
Gain (loss) on transfers in/out included in other revenues, net assets/liabilities	(113)	0
Gain (loss) on all other activity included in other revenues, net assets/liabilities	160	(52)
Gain (loss) on transfers in/out included in accumulated other comprehensive income, net assets/liabilities	0	(99)
Gain (loss) on all other activity included in accumulated other comprehensive income, net assets/liabilities	64	71
Foreign currency translation impact, net assets/liabilities	(2)	352
Balance at beginning of period, net assets/liabilities	(3,865)	2,329
Other Comprehensive Income (Loss) [Member]
Net assets/liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	3	(100)
Trading Revenue [Member]
Net assets/liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(841)	(692)
Other Revenue [Member]
Net assets/liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	82	296
Net Revenue [Member]
Net assets/liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(756)	(496)
Bank
Net assets/liabilities measured at fair value on a recurring basis for level 3
Balance at beginning of period, net assets/liabilities	2,332	(3,108)
Transfers in, net assets/liabilities	(4,083)	1,837
Transfers out, net assets/liabilities	4,101	5,040
Purchases, net assets/liabilities	10,115	10,999
Sales, net assets/liabilities	(9,661)	(11,582)
Issuances, net assets/liabilities	(13,139)	(5,692)
Settlements, net assets/liabilities	6,044	4,205
Gain (loss) on transfers in/out included in trading revenues, net assets/liabilities	(391)	(474)
Gain (loss) on all other activity included in trading revenues, net assets/liabilities	713	812
Gain (loss) on transfers in/out included in other revenues, net assets/liabilities	(109)	0
Gain (loss) on all other activity included in other revenues, net assets/liabilities	155	(41)
Gain (loss) on transfers in/out included in accumulated other comprehensive income, net assets/liabilities	0	(99)
Gain (loss) on all other activity included in accumulated other comprehensive income, net assets/liabilities	63	72
Foreign currency translation impact, net assets/liabilities	(4)	363
Balance at beginning of period, net assets/liabilities	(3,864)	2,332
Bank | Other Comprehensive Income (Loss) [Member]
Net assets/liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	2	(98)
Bank | Trading Revenue [Member]
Net assets/liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	(841)	(667)
Bank | Other Revenue [Member]
Net assets/liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	82	296
Bank | Net Revenue [Member]
Net assets/liabilities measured at fair value on a recurring basis for level 3
Changes in unrealized gains/losses	SFr (757)	SFr (469)

FI - Difference between fair va

FI - Difference between fair value and unpaid principle balances (Details 10) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Financial instruments
Cash and Due from Banks	SFr 308	SFr 525
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,623	57,994
Loans	10,243	11,408
Other assets	9,184	8,373
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	(13,213)	(13,594)
Short-term borrowings	(10,690)	(10,740)
Long-term debt	(68,722)	(70,976)
Other liabilities	(2,592)	(7,780)
Aggregate fair value
Loans
Non-interest-earning loans	843	543
Financial instruments
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,623	57,994
Loans	10,243	11,408
Other assets	8,624	7,834
Due to banks and customer deposits	(493)	(578)
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	(13,213)	(13,594)
Short-term borrowings	(10,690)	(10,740)
Long-term debt	(68,722)	(70,976)
Other liabilities	(1,170)	(616)
Aggregate unpaid principal
Loans
Non-interest-earning loans	2,657	3,364
Financial instruments
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,565	57,895
Loans	11,035	12,079
Other assets	10,777	10,090
Due to banks and customer deposits	(442)	(489)
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	(13,212)	(13,578)
Short-term borrowings	(10,996)	(10,632)
Long-term debt	(71,833)	(73,842)
Other liabilities	(1,403)	(1,569)
Difference
Loans
Non-interest-earning loans, Difference	(1,814)	(2,821)
Financial instruments
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	58	99
Loans	(792)	(671)
Other assets	(2,153)	(2,256)
Due to banks and customer deposits	(51)	(89)
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	(1)	(16)
Short-term borrowings	306	(108)
Long-term debt	3,111	2,866
Other liabilities	233	953
Bank
Financial instruments
Cash and Due from Banks	308	525
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,623	57,994
Loans	10,243	11,408
Other assets	9,184	8,373
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	(13,307)	(13,688)
Short-term borrowings	(10,690)	(10,740)
Long-term debt	(67,788)	(70,243)
Other liabilities	(2,568)	(7,756)
Bank | Aggregate fair value
Loans
Non-interest-earning loans	843	543
Financial instruments
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,623	57,994
Loans	10,243	11,408
Other assets	8,624	7,834
Due to banks and customer deposits	(493)	(578)
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	(13,307)	(13,688)
Short-term borrowings	(10,690)	(10,740)
Long-term debt	(67,788)	(70,243)
Other liabilities	(1,170)	(616)
Bank | Aggregate unpaid principal
Loans
Non-interest-earning loans	2,657	3,364
Financial instruments
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,565	57,895
Loans	11,035	12,079
Other assets	10,777	10,090
Due to banks and customer deposits	(442)	(489)
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	(13,306)	(13,672)
Short-term borrowings	(10,996)	(10,632)
Long-term debt	(70,946)	(73,175)
Other liabilities	(1,403)	(1,569)
Bank | Difference
Loans
Non-interest-earning loans, Difference	(1,814)	(2,821)
Financial instruments
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	58	99
Loans	(792)	(671)
Other assets	(2,153)	(2,256)
Due to banks and customer deposits	(51)	(89)
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	(1)	(16)
Short-term borrowings	306	(108)
Long-term debt	3,158	2,932
Other liabilities	SFr 233	SFr 953

FI - Gains_losses on financial

FI - Gains/losses on financial instruments (Details 11) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Interest-bearing deposits with banks
Gains (losses) on financial instruments
Net gains/(losses)	SFr 24	SFr 15	SFr 29
Net gains/(losses) of which related to credit risk - on assets	2	0	11
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions
Gains (losses) on financial instruments
Net gains/(losses)	638	1,198	2,696
Other investments
Gains (losses) on financial instruments
Net gains/(losses)	304	397	268
Net gains/(losses) of which related to credit risk - on assets	2	1	2
Loans
Gains (losses) on financial instruments
Net gains/(losses)	443	510	908
Net gains/(losses) of which related to credit risk - on assets	(13)	(181)	26
Other assets
Gains (losses) on financial instruments
Net gains/(losses)	519	489	892
Net gains/(losses) of which related to credit risk - on assets	133	(106)	111
Due to banks and customer deposits
Gains (losses) on financial instruments
Net gains/(losses)	(22)	(10)	(29)
Net gains/(losses) of which related to credit risk - on liabilities	0	0	1
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions
Gains (losses) on financial instruments
Net gains/(losses)	(43)	(58)	(612)
Short-term borrowings
Gains (losses) on financial instruments
Net gains/(losses)	98	(687)	(50)
Net gains/(losses) of which related to credit risk - on liabilities	2	0	8
Long-term debt
Gains (losses) on financial instruments
Net gains/(losses)	(3,005)	(2,294)	(8,501)
Net gains/(losses) of which related to credit risk - on liabilities	0	11	(5)
Other liabilities
Gains (losses) on financial instruments
Net gains/(losses)	171	(20)	92
Net gains/(losses) of which related to credit risk - on liabilities	71	(15)	50
Bank | Interest-bearing deposits with banks
Gains (losses) on financial instruments
Net gains/(losses)	24	15	29
Net gains/(losses) of which related to credit risk - on assets	2	0	11
Bank | Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions
Gains (losses) on financial instruments
Net gains/(losses)	638	1,198	2,696
Bank | Other investments
Gains (losses) on financial instruments
Net gains/(losses)	304	397	268
Net gains/(losses) of which related to credit risk - on assets	2	1	2
Bank | Loans
Gains (losses) on financial instruments
Net gains/(losses)	443	510	908
Net gains/(losses) of which related to credit risk - on assets	(13)	(181)	26
Bank | Other assets
Gains (losses) on financial instruments
Net gains/(losses)	519	489	892
Net gains/(losses) of which related to credit risk - on assets	133	(106)	111
Bank | Due to banks and customer deposits
Gains (losses) on financial instruments
Net gains/(losses)	(22)	(10)	(29)
Net gains/(losses) of which related to credit risk - on liabilities	0	0	1
Bank | Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions
Gains (losses) on financial instruments
Net gains/(losses)	(43)	(58)	(612)
Bank | Short-term borrowings
Gains (losses) on financial instruments
Net gains/(losses)	98	(687)	(50)
Net gains/(losses) of which related to credit risk - on liabilities	2	0	8
Bank | Long-term debt
Gains (losses) on financial instruments
Net gains/(losses)	(2,644)	(2,349)	(7,950)
Net gains/(losses) of which related to credit risk - on liabilities	0	11	(5)
Bank | Other liabilities
Gains (losses) on financial instruments
Net gains/(losses)	171	(20)	92
Net gains/(losses) of which related to credit risk - on liabilities	SFr 71	SFr (15)	SFr 50

FI - Fair value, unfunded commi

FI - Fair value, unfunded commitments, term of redemption conditions (Details 12) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Schedule of Investments, Fair Value Calculated Using Net Asset Value
Non-redeemable	SFr 581	SFr 565
Redeemable	488	813
Total fair value	1,069	1,378
Unfunded commitments	191	348
Investments, Fair Value Calculated Using Net Asset Value, Additional Disclosures
Nonredeemable with known Liquidation Periods	339	190
Nonredeemable with unknown Liquidation Periods	242	375
Redeemable on demand with notice period less than 30 days	304	540
Redeemable on demand with notice period less than 1 year		4
Funds held in trading assets and liabilities
Schedule of Investments, Fair Value Calculated Using Net Asset Value
Non-redeemable	193	138
Redeemable	471	519
Total fair value	664	657
Unfunded commitments	24	45
Funds held in other investments
Schedule of Investments, Fair Value Calculated Using Net Asset Value
Non-redeemable	388	427
Redeemable	17	294
Total fair value	405	721
Unfunded commitments	167	303
Funds held in other investments | Hedge funds
Schedule of Investments, Fair Value Calculated Using Net Asset Value
Non-redeemable	12	12
Redeemable	2	7
Total fair value	14	19
Unfunded commitments	1	0
Funds held in other investments | Private equity funds
Schedule of Investments, Fair Value Calculated Using Net Asset Value
Non-redeemable	40	94
Redeemable	0	0
Total fair value	40	94
Unfunded commitments	42	77
Funds held in other investments | Equity method investments
Schedule of Investments, Fair Value Calculated Using Net Asset Value
Non-redeemable	336	321
Redeemable	15	287
Total fair value	351	608
Unfunded commitments	124	226
Bank
Schedule of Investments, Fair Value Calculated Using Net Asset Value
Non-redeemable	580	564
Redeemable	488	813
Total fair value	1,068	1,377
Unfunded commitments	191	348
Investments, Fair Value Calculated Using Net Asset Value, Additional Disclosures
Nonredeemable with known Liquidation Periods	339	190
Nonredeemable with unknown Liquidation Periods	241	374
Redeemable on demand with notice period less than 30 days	304	540
Redeemable on demand with notice period less than 1 year		4
Bank | Funds held in trading assets and liabilities
Schedule of Investments, Fair Value Calculated Using Net Asset Value
Non-redeemable	193	138
Redeemable	471	519
Total fair value	664	657
Unfunded commitments	24	45
Bank | Funds held in other investments
Schedule of Investments, Fair Value Calculated Using Net Asset Value
Non-redeemable	387	426
Redeemable	17	294
Total fair value	404	720
Unfunded commitments	167	303
Bank | Funds held in other investments | Hedge funds
Schedule of Investments, Fair Value Calculated Using Net Asset Value
Non-redeemable	12	12
Redeemable	2	7
Total fair value	14	19
Unfunded commitments	1	0
Bank | Funds held in other investments | Private equity funds
Schedule of Investments, Fair Value Calculated Using Net Asset Value
Non-redeemable	39	92
Redeemable	0	0
Total fair value	39	92
Unfunded commitments	42	77
Bank | Funds held in other investments | Equity method investments
Schedule of Investments, Fair Value Calculated Using Net Asset Value
Non-redeemable	336	322
Redeemable	15	287
Total fair value	351	609
Unfunded commitments	SFr 124	SFr 226

FI - Quantitative information a

FI - Quantitative information about level 3 assets at fair value (Details 14) SFr in Millions, Pure in Millions	Dec. 31, 2021CHF (SFr)	Dec. 31, 2020CHF (SFr)
Assets
Cash and Due from Banks	SFr 308	SFr 525
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,623	57,994
Securities received as collateral	15,017	50,773
Trading assets	111,141	157,338
Available-for-sale Securities, Debt Securities	1,005	607
Other investments	4,094	3,794
Loans	10,243	11,408
Other intangible assets (mortgage servicing rights), at fair value	224	180
Other assets	9,184	8,373
Recurring basis
Assets
Cash and Due from Banks	308	525
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,623	57,994
Securities received as collateral	15,017	50,773
Trading assets	111,141	157,338
Available-for-sale Securities, Debt Securities	1,005	607
Other investments	4,094	3,794
Loans	10,243	11,408
Loans - of which commercial and industrial	2,984	3,534
Loans - of which financial institutions	4,305	4,588
Other intangible assets (mortgage servicing rights), at fair value	224	180
Other assets	9,184	8,373
Other assets - of which loans held-for-sale	7,380	6,446
Total assets at fair value	219,839	290,992
Recurring basis | Other equity investments
Assets
Other investments	3,237	2,759
Recurring basis | Life finance instruments
Assets
Other investments	789	920
Recurring basis | Debt securities
Assets
Trading assets	54,198	64,395
Recurring basis | Debt securities | Debt securities issued by foreign governments
Assets
Trading assets	23,408	27,957
Recurring basis | Debt securities | Corporate debt securities
Assets
Trading assets	9,590	11,477
Recurring basis | Debt securities | RMBS
Assets
Trading assets	17,457	21,439
Recurring basis | Equity securities
Assets
Trading assets	36,546	63,237
Recurring basis | Derivative instruments
Assets
Trading assets	17,559	25,531
Recurring basis | Other
Assets
Trading assets	2,838	4,175
Recurring basis | Level 3
Assets
Cash and Due from Banks	0	0
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	0	0
Securities received as collateral	14	101
Trading assets	4,503	7,535
Available-for-sale Securities, Debt Securities	0	0
Other investments	3,666	3,054
Loans	1,534	3,669
Loans - of which commercial and industrial	717	1,347
Loans - of which financial institutions	465	1,082
Other intangible assets (mortgage servicing rights), at fair value	167	180
Other assets	694	1,825
Other assets - of which loans held-for-sale	562	1,576
Total assets at fair value	10,578	16,364
Recurring basis | Level 3 | Option model
Assets
Loans - of which commercial and industrial		72
Recurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member]
Assets
Loans - of which commercial and industrial	474	908
Loans - of which financial institutions	327	674
Other assets - of which loans held-for-sale	SFr 281	SFr 296
Recurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Minimum
Assets
Loans - of which commercial and industrial, measurement input	184	237
Loans - of which financial institutions, measurement input	0	192
Other assets - of which loans held-for-sale, measurement input	0	246
Recurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Maximum
Assets
Loans - of which commercial and industrial, measurement input	3,325	1,480
Loans - of which financial institutions, measurement input	3,212	1,698
Other assets - of which loans held-for-sale, measurement input	563	506
Recurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Weighted average
Assets
Loans - of which commercial and industrial, measurement input	809	554
Loans - of which financial institutions, measurement input	921	612
Other assets - of which loans held-for-sale, measurement input	314	343
Recurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Minimum
Assets
Loans - of which commercial and industrial, measurement input		25
Loans - of which financial institutions, measurement input		25
Other assets - of which loans held-for-sale, measurement input		1
Recurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Maximum
Assets
Loans - of which commercial and industrial, measurement input		25
Loans - of which financial institutions, measurement input		40
Other assets - of which loans held-for-sale, measurement input		40
Recurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Weighted average
Assets
Loans - of which commercial and industrial, measurement input		25
Loans - of which financial institutions, measurement input		25
Other assets - of which loans held-for-sale, measurement input		34
Recurring basis | Level 3 | Price
Assets
Loans - of which commercial and industrial	SFr 209
Loans - of which financial institutions	SFr 158
Recurring basis | Level 3 | Price | Measurement Input, Quoted Price [Member] | Minimum
Assets
Loans - of which commercial and industrial, measurement input	0
Loans - of which financial institutions, measurement input	14
Recurring basis | Level 3 | Price | Measurement Input, Quoted Price [Member] | Maximum
Assets
Loans - of which commercial and industrial, measurement input	100
Loans - of which financial institutions, measurement input	76
Recurring basis | Level 3 | Price | Measurement Input, Quoted Price [Member] | Weighted average
Assets
Loans - of which commercial and industrial, measurement input	50
Loans - of which financial institutions, measurement input	31
Recurring basis | Level 3 | Vendor price
Assets
Other assets - of which loans held-for-sale	SFr 16
Recurring basis | Level 3 | Vendor price | Measurement Input, Price Volatility [Member] | Minimum
Assets
Other assets - of which loans held-for-sale, measurement input	0
Recurring basis | Level 3 | Vendor price | Measurement Input, Price Volatility [Member] | Maximum
Assets
Other assets - of which loans held-for-sale, measurement input	75
Recurring basis | Level 3 | Vendor price | Measurement Input, Price Volatility [Member] | Weighted average
Assets
Other assets - of which loans held-for-sale, measurement input	54
Recurring basis | Level 3 | Market comparable
Assets
Loans - of which commercial and industrial	SFr 6	SFr 338
Loans - of which financial institutions		190
Other assets - of which loans held-for-sale	SFr 254	SFr 1,277
Recurring basis | Level 3 | Market comparable | Measurement Input, Price Volatility [Member] | Minimum
Assets
Loans - of which commercial and industrial, measurement input	19	0
Loans - of which financial institutions, measurement input		0
Other assets - of which loans held-for-sale, measurement input	0	0
Recurring basis | Level 3 | Market comparable | Measurement Input, Price Volatility [Member] | Maximum
Assets
Loans - of which commercial and industrial, measurement input	19	100
Loans - of which financial institutions, measurement input		100
Other assets - of which loans held-for-sale, measurement input	139	111
Recurring basis | Level 3 | Market comparable | Measurement Input, Price Volatility [Member] | Weighted average
Assets
Loans - of which commercial and industrial, measurement input	19	70
Loans - of which financial institutions, measurement input		54
Other assets - of which loans held-for-sale, measurement input	67	71
Recurring basis | Level 3 | Market comparable | Measurement Input, Pre-IPO instrinsic option [Member] | Minimum
Assets
Loans - of which commercial and industrial, measurement input		100
Recurring basis | Level 3 | Market comparable | Measurement Input, Pre-IPO instrinsic option [Member] | Maximum
Assets
Loans - of which commercial and industrial, measurement input		100
Recurring basis | Level 3 | Market comparable | Measurement Input, Pre-IPO instrinsic option [Member] | Weighted average
Assets
Loans - of which commercial and industrial, measurement input		100
Recurring basis | Level 3 | Other equity investments
Assets
Other investments	SFr 2,863	SFr 2,132
Recurring basis | Level 3 | Other equity investments | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Price Volatility [Member] | Minimum
Assets
Other investments	1
Recurring basis | Level 3 | Other equity investments | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Price Volatility [Member] | Maximum
Assets
Other investments	1,292
Recurring basis | Level 3 | Other equity investments | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Price Volatility [Member] | Weighted average
Assets
Other investments	54
Recurring basis | Level 3 | Other equity investments | Vendor price
Assets
Other investments		110
Recurring basis | Level 3 | Other equity investments | NAV/adjusted NAV
Assets
Other investments	929	974
Recurring basis | Level 3 | Other equity investments | NAV/adjusted NAV | Measurement Input, Price Volatility [Member] | Minimum
Assets
Other investments	287	310
Recurring basis | Level 3 | Other equity investments | NAV/adjusted NAV | Measurement Input, Price Volatility [Member] | Maximum
Assets
Other investments	287	310
Recurring basis | Level 3 | Other equity investments | NAV/adjusted NAV | Measurement Input, Price Volatility [Member] | Weighted average
Assets
Other investments	287	310
Recurring basis | Level 3 | Other equity investments | Market comparable
Assets
Other investments	1,919
Recurring basis | Level 3 | Life finance instruments
Assets
Other investments	789	920
Recurring basis | Level 3 | Life finance instruments | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Market implied life expectancy [Member] | Minimum
Assets
Other investments	2	2
Recurring basis | Level 3 | Life finance instruments | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Market implied life expectancy [Member] | Maximum
Assets
Other investments	16	15
Recurring basis | Level 3 | Life finance instruments | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Market implied life expectancy [Member] | Weighted average
Assets
Other investments	6	6
Recurring basis | Level 3 | Debt securities
Assets
Trading assets	1,225	2,253
Recurring basis | Level 3 | Debt securities | Debt securities issued by foreign governments
Assets
Trading assets	35	140
Recurring basis | Level 3 | Debt securities | Corporate debt securities
Assets
Trading assets	478	1,270
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Option model
Assets
Trading assets	55	416
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Discounted Cash Flow [Member]
Assets
Trading assets		SFr 386
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Discounted Cash Flow [Member] | Consolidation, Eliminations [Member]
Assets
Trading assets	SFr 124
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Minimum
Assets
Trading assets, measurement input		(9)
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Maximum
Assets
Trading assets, measurement input		1,509
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Weighted average
Assets
Trading assets, measurement input		1,007
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Consolidation, Eliminations [Member] | Minimum
Assets
Trading assets, measurement input	50
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Consolidation, Eliminations [Member] | Maximum
Assets
Trading assets, measurement input	1,290
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Consolidation, Eliminations [Member] | Weighted average
Assets
Trading assets, measurement input	701
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Price in percent [Member] | Minimum
Assets
Trading assets, measurement input	0
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Price in percent [Member] | Maximum
Assets
Trading assets, measurement input	100
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Price in percent [Member] | Weighted average
Assets
Trading assets, measurement input	47
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Minimum
Assets
Trading assets, measurement input	39
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Maximum
Assets
Trading assets, measurement input	39
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Weighted average
Assets
Trading assets, measurement input	1
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Correlation [Member] | Minimum
Assets
Trading assets, measurement input	(50)	(50)
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Correlation [Member] | Maximum
Assets
Trading assets, measurement input	100	100
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Correlation [Member] | Weighted average
Assets
Trading assets, measurement input	68	55
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Fund gap risk [Member] | Minimum
Assets
Trading assets, measurement input	0
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Fund gap risk [Member] | Maximum
Assets
Trading assets, measurement input	3
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Fund gap risk [Member] | Weighted average
Assets
Trading assets, measurement input	1
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Gap risk [Member] | Minimum
Assets
Trading assets, measurement input		0
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Gap risk [Member] | Maximum
Assets
Trading assets, measurement input		2
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Gap risk [Member] | Weighted average
Assets
Trading assets, measurement input		0
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Recovery rate [Member] | Minimum
Assets
Trading assets, measurement input		40
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Recovery rate [Member] | Maximum
Assets
Trading assets, measurement input		40
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Recovery rate [Member] | Weighted average
Assets
Trading assets, measurement input		40
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Volatility [Member] | Minimum
Assets
Trading assets, measurement input	0	0
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Volatility [Member] | Maximum
Assets
Trading assets, measurement input	163	158
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Volatility [Member] | Weighted average
Assets
Trading assets, measurement input	17	23
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Price
Assets
Trading assets	SFr 69
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Price | Measurement Input, Price in percent [Member] | Minimum
Assets
Trading assets, measurement input	35
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Price | Measurement Input, Price in percent [Member] | Maximum
Assets
Trading assets, measurement input	120
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Price | Measurement Input, Price in percent [Member] | Weighted average
Assets
Trading assets, measurement input	92
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Vendor price
Assets
Trading assets	SFr 145	SFr 71
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Vendor price | Measurement Input, Price Volatility [Member] | Minimum
Assets
Trading assets, measurement input	0	0
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Vendor price | Measurement Input, Price Volatility [Member] | Maximum
Assets
Trading assets, measurement input	123	2,292
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Vendor price | Measurement Input, Price Volatility [Member] | Weighted average
Assets
Trading assets, measurement input	79	1,654
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Vendor price | Measurement Input, Unadjusted NAV [Member] | Minimum
Assets
Trading assets, measurement input		1
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Vendor price | Measurement Input, Unadjusted NAV [Member] | Maximum
Assets
Trading assets, measurement input		1
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Vendor price | Measurement Input, Unadjusted NAV [Member] | Weighted average
Assets
Trading assets, measurement input		1
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Market comparable
Assets
Trading assets	SFr 107	SFr 321
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Market comparable | Measurement Input, Price Volatility [Member] | Minimum
Assets
Trading assets, measurement input	0	0
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Market comparable | Measurement Input, Price Volatility [Member] | Maximum
Assets
Trading assets, measurement input	110	227
Recurring basis | Level 3 | Debt securities | Corporate debt securities | Market comparable | Measurement Input, Price Volatility [Member] | Weighted average
Assets
Trading assets, measurement input	63	95
Recurring basis | Level 3 | Debt securities | RMBS
Assets
Trading assets	SFr 424	SFr 557
Recurring basis | Level 3 | Debt securities | RMBS | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Minimum
Assets
Trading assets, measurement input	1
Recurring basis | Level 3 | Debt securities | RMBS | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Maximum
Assets
Trading assets, measurement input	29
Recurring basis | Level 3 | Debt securities | RMBS | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Weighted average
Assets
Trading assets, measurement input	13
Recurring basis | Level 3 | Equity securities
Assets
Trading assets	SFr 195	124
Recurring basis | Level 3 | Derivative instruments
Assets
Trading assets	2,187	3,911
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives
Assets
Trading assets	624	733
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Option model
Assets
Trading assets	612
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Discounted Cash Flow [Member]
Assets
Trading assets	SFr 6
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Funding spread [Member] | Minimum
Assets
Trading assets, measurement input	109
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Funding spread [Member] | Maximum
Assets
Trading assets, measurement input	166
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Funding spread [Member] | Weighted average
Assets
Trading assets, measurement input	127
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Volatility [Member] | Minimum
Assets
Trading assets, measurement input	0
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Volatility [Member] | Maximum
Assets
Trading assets, measurement input	100
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Volatility [Member] | Weighted average
Assets
Trading assets, measurement input	97
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Correlation [Member] | Minimum
Assets
Trading assets, measurement input	(4)
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Correlation [Member] | Maximum
Assets
Trading assets, measurement input	100
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Correlation [Member] | Weighted average
Assets
Trading assets, measurement input	9
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Mean reversion [Member] | Minimum
Assets
Trading assets, measurement input	(55)
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Mean reversion [Member] | Maximum
Assets
Trading assets, measurement input	(8)
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Mean reversion [Member] | Weighted average
Assets
Trading assets, measurement input	0
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Prepayment Rate [Member] | Minimum
Assets
Trading assets, measurement input	0
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Prepayment Rate [Member] | Maximum
Assets
Trading assets, measurement input	21
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Prepayment Rate [Member] | Weighted average
Assets
Trading assets, measurement input	17
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Volatility [Member] | Minimum
Assets
Trading assets, measurement input	(3)
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Volatility [Member] | Maximum
Assets
Trading assets, measurement input	1
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Volatility [Member] | Weighted average
Assets
Trading assets, measurement input	0
Recurring basis | Level 3 | Derivative instruments | Foreign exchange derivatives
Assets
Trading assets	SFr 53	143
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products
Assets
Trading assets	212	SFr 1,186
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Buyback probability [Member] | Minimum
Assets
Trading assets, measurement input		50
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Buyback probability [Member] | Maximum
Assets
Trading assets, measurement input		100
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Buyback probability [Member] | Weighted average
Assets
Trading assets, measurement input		66
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Correlation [Member] | Minimum
Assets
Trading assets, measurement input		(50)
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Correlation [Member] | Maximum
Assets
Trading assets, measurement input		100
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Correlation [Member] | Weighted average
Assets
Trading assets, measurement input		58
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Gap risk [Member] | Minimum
Assets
Trading assets, measurement input		0
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Gap risk [Member] | Maximum
Assets
Trading assets, measurement input		4
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Gap risk [Member] | Weighted average
Assets
Trading assets, measurement input		0
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Volatility [Member] | Minimum
Assets
Trading assets, measurement input		(2)
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Volatility [Member] | Maximum
Assets
Trading assets, measurement input		158
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Volatility [Member] | Weighted average
Assets
Trading assets, measurement input		24
Recurring basis | Level 3 | Derivative instruments | Other derivatives
Assets
Trading assets	SFr 1,034	SFr 1,079
Recurring basis | Level 3 | Derivative instruments | Other derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Market implied life expectancy [Member] | Minimum
Assets
Trading assets, measurement input	2	2
Recurring basis | Level 3 | Derivative instruments | Other derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Market implied life expectancy [Member] | Maximum
Assets
Trading assets, measurement input	14	14
Recurring basis | Level 3 | Derivative instruments | Other derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Market implied life expectancy [Member] | Weighted average
Assets
Trading assets, measurement input	6	6
Recurring basis | Level 3 | Derivative instruments | Other derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Mortality Rate [Member] | Minimum
Assets
Trading assets, measurement input	73	72
Recurring basis | Level 3 | Derivative instruments | Other derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Mortality Rate [Member] | Maximum
Assets
Trading assets, measurement input	138	137
Recurring basis | Level 3 | Derivative instruments | Other derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Mortality Rate [Member] | Weighted average
Assets
Trading assets, measurement input	99	98
Recurring basis | Level 3 | Other
Assets
Trading assets	SFr 896	SFr 1,247
Recurring basis | Level 3 | Other | Option model
Assets
Trading assets	SFr 93
Recurring basis | Level 3 | Other | Option model | Measurement Input, Mortality Rate [Member] | Minimum
Assets
Trading assets, measurement input	0
Recurring basis | Level 3 | Other | Option model | Measurement Input, Mortality Rate [Member] | Maximum
Assets
Trading assets, measurement input	70
Recurring basis | Level 3 | Other | Option model | Measurement Input, Mortality Rate [Member] | Weighted average
Assets
Trading assets, measurement input	6
Recurring basis | Level 3 | Other | Valuation Technique, Discounted Cash Flow [Member]
Assets
Trading assets	SFr 611	766
Recurring basis | Level 3 | Other | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Minimum
Assets
Other investments		9
Recurring basis | Level 3 | Other | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Maximum
Assets
Other investments		9
Recurring basis | Level 3 | Other | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Weighted average
Assets
Other investments		SFr 9
Recurring basis | Level 3 | Other | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Market implied life expectancy [Member] | Minimum
Assets
Trading assets, measurement input	3	3
Recurring basis | Level 3 | Other | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Market implied life expectancy [Member] | Maximum
Assets
Trading assets, measurement input	14	14
Recurring basis | Level 3 | Other | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Market implied life expectancy [Member] | Weighted average
Assets
Trading assets, measurement input	7	7
Recurring basis | Level 3 | Other | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Terminal Growth Rate [Member] | Minimum
Assets
Other investments		SFr 3
Recurring basis | Level 3 | Other | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Terminal Growth Rate [Member] | Maximum
Assets
Other investments		3
Recurring basis | Level 3 | Other | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Terminal Growth Rate [Member] | Weighted average
Assets
Other investments		3
Recurring basis | Level 3 | Other | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Tax Swap Rate [Member] | Minimum
Assets
Trading assets, measurement input	30
Recurring basis | Level 3 | Other | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Tax Swap Rate [Member] | Maximum
Assets
Trading assets, measurement input	30
Recurring basis | Level 3 | Other | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Tax Swap Rate [Member] | Weighted average
Assets
Trading assets, measurement input	30
Recurring basis | Level 3 | Other | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Price Volatility [Member] | Minimum
Assets
Other investments		1
Recurring basis | Level 3 | Other | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Price Volatility [Member] | Maximum
Assets
Other investments		1,249
Recurring basis | Level 3 | Other | Valuation Technique, Option Pricing Model [Member] | Measurement Input, Price Volatility [Member] | Weighted average
Assets
Other investments		713
Recurring basis | Level 3 | Other | Market comparable
Assets
Trading assets	SFr 189
Recurring basis | Level 3 | Other | Market comparable | Measurement Input, Price Volatility [Member] | Minimum
Assets
Trading assets, measurement input	0
Other investments		100
Recurring basis | Level 3 | Other | Market comparable | Measurement Input, Price Volatility [Member] | Maximum
Assets
Trading assets, measurement input	130
Other investments		100
Recurring basis | Level 3 | Other | Market comparable | Measurement Input, Price Volatility [Member] | Weighted average
Assets
Trading assets, measurement input	34
Other investments		100
Recurring basis | Level 3 | Other | Other equity investments | Valuation Technique, Discounted Cash Flow [Member]
Assets
Other investments		840
Recurring basis | Level 3 | Other | Other equity investments | Market comparable
Assets
Other investments		118
Nonrecurring basis
Assets
Other investments	SFr 152	543
Loans	17	71
Other assets	139	201
Total assets at fair value	308	815
Nonrecurring basis | Equity securities
Assets
Other investments	118	303
Nonrecurring basis | Equity securities (without a readily determinable fair value)
Assets
Other investments	21	227
Nonrecurring basis | Other assets
Assets
Other assets - of which loans held-for-sale	73	136
Other assets - of which premises, equipment and right-of-use assets	61	58
Nonrecurring basis | Level 3
Assets
Other investments	152	326
Loans	5	4
Other assets	110	97
Total assets at fair value	SFr 267	SFr 427
Nonrecurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Minimum
Assets
Other assets - of which premises, equipment and right-of-use assets, measurement input		1
Nonrecurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Maximum
Assets
Other assets - of which premises, equipment and right-of-use assets, measurement input		3
Nonrecurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Weighted average
Assets
Other assets - of which premises, equipment and right-of-use assets, measurement input		3
Nonrecurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Price Volatility [Member] | Minimum
Assets
Other assets - of which premises, equipment and right-of-use assets, measurement input		52
Nonrecurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Price Volatility [Member] | Maximum
Assets
Other assets - of which premises, equipment and right-of-use assets, measurement input		52
Nonrecurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Price Volatility [Member] | Weighted average
Assets
Other assets - of which premises, equipment and right-of-use assets, measurement input		52
Nonrecurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Quoted Price [Member] | Minimum
Assets
Other assets - of which premises, equipment and right-of-use assets, measurement input		52
Nonrecurring basis | Level 3 | Market comparable | Measurement Input, Price Volatility [Member] | Minimum
Assets
Other assets - of which loans held-for-sale, measurement input	80	83
Other assets - of which premises, equipment and right-of-use assets, measurement input	60	2
Nonrecurring basis | Level 3 | Market comparable | Measurement Input, Price Volatility [Member] | Maximum
Assets
Other assets - of which loans held-for-sale, measurement input	100	100
Other assets - of which premises, equipment and right-of-use assets, measurement input	60	2
Nonrecurring basis | Level 3 | Market comparable | Measurement Input, Price Volatility [Member] | Weighted average
Assets
Other assets - of which loans held-for-sale, measurement input	88	95
Other assets - of which premises, equipment and right-of-use assets, measurement input	60	2
Nonrecurring basis | Level 3 | Market comparable | Measurement Input, Quoted Price [Member] | Minimum
Assets
Other assets - of which premises, equipment and right-of-use assets, measurement input		2
Nonrecurring basis | Level 3 | Equity securities
Assets
Other investments	SFr 118	SFr 303
Nonrecurring basis | Level 3 | Equity securities | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Minimum
Assets
Other investments	8	10
Nonrecurring basis | Level 3 | Equity securities | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Maximum
Assets
Other investments	13	14
Nonrecurring basis | Level 3 | Equity securities | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Weighted average
Assets
Other investments	13	12
Nonrecurring basis | Level 3 | Equity securities (without a readily determinable fair value)
Assets
Other investments	21	10
Nonrecurring basis | Level 3 | Equity securities (without a readily determinable fair value) | Valuation Technique, Discounted Cash Flow [Member]
Assets
Other investments	16
Nonrecurring basis | Level 3 | Equity securities (without a readily determinable fair value) | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Minimum
Assets
Other investments	12
Nonrecurring basis | Level 3 | Equity securities (without a readily determinable fair value) | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Maximum
Assets
Other investments	16
Nonrecurring basis | Level 3 | Equity securities (without a readily determinable fair value) | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Weighted average
Assets
Other investments	14
Nonrecurring basis | Level 3 | Equity securities (without a readily determinable fair value) | Market comparable
Assets
Other investments	5
Nonrecurring basis | Level 3 | Equity securities (without a readily determinable fair value) | Market comparable | Measurement Input, Discount Rate [Member] | Minimum
Assets
Other investments	5
Nonrecurring basis | Level 3 | Equity securities (without a readily determinable fair value) | Market comparable | Measurement Input, Discount Rate [Member] | Maximum
Assets
Other investments	6,003
Nonrecurring basis | Level 3 | Equity securities (without a readily determinable fair value) | Market comparable | Measurement Input, Discount Rate [Member] | Weighted average
Assets
Other investments	2,441
Nonrecurring basis | Level 3 | Other assets
Assets
Other assets - of which loans held-for-sale	45	39
Other assets - of which premises, equipment and right-of-use assets	60	54
Bank
Assets
Cash and Due from Banks	308	525
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,623	57,994
Securities received as collateral	15,017	50,773
Trading assets	111,299	157,511
Available-for-sale Securities, Debt Securities	1,003	605
Other investments	4,093	3,793
Loans	10,243	11,408
Other intangible assets (mortgage servicing rights), at fair value	224	180
Other assets	9,184	8,373
Bank | Recurring basis
Assets
Cash and Due from Banks	308	525
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,623	57,994
Securities received as collateral	15,017	50,773
Trading assets	111,299	157,511
Available-for-sale Securities, Debt Securities	1,003	605
Other investments	4,093	3,793
Loans	10,243	11,408
Loans - of which commercial and industrial	2,984	3,534
Loans - of which financial institutions	4,305	4,588
Other intangible assets (mortgage servicing rights), at fair value	224	180
Other assets	9,184	8,373
Other assets - of which loans held-for-sale	7,380	6,446
Total assets at fair value	219,994	291,162
Bank | Recurring basis | Other equity investments
Assets
Other investments	3,237	2,760
Bank | Recurring basis | Life finance instruments
Assets
Other investments	789	920
Bank | Recurring basis | Debt securities
Assets
Trading assets	54,297	64,532
Bank | Recurring basis | Debt securities | Debt securities issued by foreign governments
Assets
Trading assets	23,408	27,957
Bank | Recurring basis | Debt securities | Corporate debt securities
Assets
Trading assets	9,689	11,614
Bank | Recurring basis | Debt securities | RMBS
Assets
Trading assets	17,457	21,439
Bank | Recurring basis | Equity securities
Assets
Trading assets	36,606	63,273
Bank | Recurring basis | Derivative instruments
Assets
Trading assets	17,559	25,531
Bank | Recurring basis | Other
Assets
Trading assets	2,837	4,175
Bank | Recurring basis | Level 3
Assets
Cash and Due from Banks	0	0
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	0	0
Securities received as collateral	14	101
Trading assets	4,503	7,535
Available-for-sale Securities, Debt Securities	0	0
Other investments	3,666	3,054
Loans	1,534	3,669
Loans - of which commercial and industrial	717	1,347
Loans - of which financial institutions	465	1,082
Other intangible assets (mortgage servicing rights), at fair value	167	180
Other assets	694	1,825
Other assets - of which loans held-for-sale	562	1,576
Total assets at fair value	10,578	16,364
Bank | Recurring basis | Level 3 | Other equity investments
Assets
Other investments	2,863	2,132
Bank | Recurring basis | Level 3 | Life finance instruments
Assets
Other investments	789	920
Bank | Recurring basis | Level 3 | Debt securities
Assets
Trading assets	1,225	2,253
Bank | Recurring basis | Level 3 | Debt securities | Debt securities issued by foreign governments
Assets
Trading assets	35	140
Bank | Recurring basis | Level 3 | Debt securities | Corporate debt securities
Assets
Trading assets	478	1,270
Bank | Recurring basis | Level 3 | Debt securities | RMBS
Assets
Trading assets	424	557
Bank | Recurring basis | Level 3 | Equity securities
Assets
Trading assets	195	124
Bank | Recurring basis | Level 3 | Derivative instruments
Assets
Trading assets	2,187	3,911
Bank | Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives
Assets
Trading assets	624	733
Bank | Recurring basis | Level 3 | Derivative instruments | Foreign exchange derivatives
Assets
Trading assets	53	143
Bank | Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products
Assets
Trading assets	212	1,186
Bank | Recurring basis | Level 3 | Derivative instruments | Other derivatives
Assets
Trading assets	1,034	1,079
Bank | Recurring basis | Level 3 | Other
Assets
Trading assets	896	1,247
Bank | Nonrecurring basis
Assets
Other investments	152	543
Loans	17	71
Other assets	139	201
Total assets at fair value	308	815
Bank | Nonrecurring basis | Equity securities
Assets
Other investments	118	303
Bank | Nonrecurring basis | Equity securities (without a readily determinable fair value)
Assets
Other investments	21	227
Bank | Nonrecurring basis | Other assets
Assets
Other assets - of which loans held-for-sale	73	136
Other assets - of which premises, equipment and right-of-use assets	61	58
Bank | Nonrecurring basis | Level 3
Assets
Other investments	152	326
Loans	5	4
Other assets	110	97
Total assets at fair value	267	427
Bank | Nonrecurring basis | Level 3 | Equity securities
Assets
Other investments	118	303
Bank | Nonrecurring basis | Level 3 | Equity securities (without a readily determinable fair value)
Assets
Other investments	21	10
Bank | Nonrecurring basis | Level 3 | Other assets
Assets
Other assets - of which loans held-for-sale	45	39
Other assets - of which premises, equipment and right-of-use assets	SFr 60	SFr 54

FI - Quantitative information_2

FI - Quantitative information about level 3 liabilities at fair value (Details 15) SFr in Millions, Pure in Millions	Dec. 31, 2021CHF (SFr)	Dec. 31, 2020CHF (SFr)
Liabilities
Due to banks	SFr 477	SFr 413
Customer deposits	3,700	4,343
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	13,213	13,594
Obligation to return securities received as collateral	15,017	50,773
Trading liabilities	27,535	45,871
Short-term borrowings	10,690	10,740
Long-term debt	68,722	70,976
Other liabilities	2,592	7,780
Recurring basis
Liabilities
Due to banks	477	413
Customer deposits	3,700	4,343
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	13,213	13,594
Obligation to return securities received as collateral	15,017	50,773
Trading liabilities	27,535	45,871
Short-term borrowings	10,690	10,740
Long-term debt	68,722	70,976
Other liabilities	2,592	7,780
Total liabilities at fair value	141,946	204,490
Recurring basis | Long-term debt - of which structured notes over one year and up to two years
Liabilities
Long-term debt	12,500	12,920
Recurring basis | Long-term debt - of which structured notes over two years
Liabilities
Long-term debt	30,486	33,856
Recurring basis | Long-term debt - of which other debt instruments over two years
Liabilities
Long-term debt	5,077
Recurring basis | Long-term debt - of which high-trigger instruments
Liabilities
Long-term debt	10,702	10,586
Recurring basis | Debt securities
Liabilities
Trading liabilities	7,677
Recurring basis | Debt securities | Debt securities issued by foreign governments
Liabilities
Trading liabilities	3,635
Recurring basis | Debt securities | Corporate debt securities
Liabilities
Trading liabilities	3,955
Recurring basis | Equity securities
Liabilities
Trading liabilities	9,012	20,694
Recurring basis | Short positions
Liabilities
Trading liabilities	16,689
Recurring basis | Derivative instruments
Liabilities
Trading liabilities	10,846	17,745
Recurring basis | Level 3
Liabilities
Due to banks	0	0
Customer deposits	394	448
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	0	0
Obligation to return securities received as collateral	14	101
Trading liabilities	2,809	4,246
Short-term borrowings	1,032	701
Long-term debt	9,676	7,268
Other liabilities	518	1,271
Total liabilities at fair value	14,443	14,035
Recurring basis | Level 3 | Option model
Liabilities
Short-term borrowings	SFr 905	SFr 508
Recurring basis | Level 3 | Option model | Measurement Input, Buyback probability [Member] | Minimum
Liabilities
Short-term borrowings, measurement input	50	50
Recurring basis | Level 3 | Option model | Measurement Input, Buyback probability [Member] | Maximum
Liabilities
Short-term borrowings, measurement input	100	100
Recurring basis | Level 3 | Option model | Measurement Input, Buyback probability [Member] | Weighted average
Liabilities
Short-term borrowings, measurement input	72	66
Recurring basis | Level 3 | Option model | Measurement Input, Correlation [Member] | Minimum
Liabilities
Short-term borrowings, measurement input	(50)	(50)
Recurring basis | Level 3 | Option model | Measurement Input, Correlation [Member] | Maximum
Liabilities
Short-term borrowings, measurement input	100	100
Recurring basis | Level 3 | Option model | Measurement Input, Correlation [Member] | Weighted average
Liabilities
Short-term borrowings, measurement input	70	56
Recurring basis | Level 3 | Option model | Measurement Input, Fund gap risk [Member] | Minimum
Liabilities
Short-term borrowings, measurement input	0	0
Recurring basis | Level 3 | Option model | Measurement Input, Fund gap risk [Member] | Maximum
Liabilities
Short-term borrowings, measurement input	3	2
Recurring basis | Level 3 | Option model | Measurement Input, Fund gap risk [Member] | Weighted average
Liabilities
Short-term borrowings, measurement input	1	0
Recurring basis | Level 3 | Option model | Measurement Input, Gap risk [Member] | Minimum
Liabilities
Short-term borrowings, measurement input	0
Recurring basis | Level 3 | Option model | Measurement Input, Gap risk [Member] | Maximum
Liabilities
Short-term borrowings, measurement input	3
Recurring basis | Level 3 | Option model | Measurement Input, Gap risk [Member] | Weighted average
Liabilities
Short-term borrowings, measurement input	1
Recurring basis | Level 3 | Option model | Measurement Input, Volatility [Member] | Minimum
Liabilities
Short-term borrowings, measurement input	0	3
Recurring basis | Level 3 | Option model | Measurement Input, Volatility [Member] | Maximum
Liabilities
Short-term borrowings, measurement input	163	158
Recurring basis | Level 3 | Option model | Measurement Input, Volatility [Member] | Weighted average
Liabilities
Short-term borrowings, measurement input	16	30
Recurring basis | Level 3 | Option model | Measurement Input, Unadjusted NAV [Member] | Minimum
Liabilities
Short-term borrowings, measurement input	101
Recurring basis | Level 3 | Option model | Measurement Input, Unadjusted NAV [Member] | Maximum
Liabilities
Short-term borrowings, measurement input	440
Recurring basis | Level 3 | Option model | Measurement Input, Unadjusted NAV [Member] | Weighted average
Liabilities
Short-term borrowings, measurement input	358
Recurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member]
Liabilities
Short-term borrowings	SFr 24	SFr 58
Recurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Minimum
Liabilities
Short-term borrowings, measurement input	0	(4)
Recurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Maximum
Liabilities
Short-term borrowings, measurement input	181	992
Recurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Weighted average
Liabilities
Short-term borrowings, measurement input	51	722
Recurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Minimum
Liabilities
Short-term borrowings, measurement input		35
Recurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Maximum
Liabilities
Short-term borrowings, measurement input		40
Recurring basis | Level 3 | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Weighted average
Liabilities
Short-term borrowings, measurement input		39
Recurring basis | Level 3 | Price
Liabilities
Short-term borrowings	SFr 73
Recurring basis | Level 3 | Price | Measurement Input, Price in percent [Member] | Minimum
Liabilities
Short-term borrowings, measurement input	34
Recurring basis | Level 3 | Price | Measurement Input, Price in percent [Member] | Maximum
Liabilities
Short-term borrowings, measurement input	120
Recurring basis | Level 3 | Price | Measurement Input, Price in percent [Member] | Weighted average
Liabilities
Short-term borrowings, measurement input	94
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years
Liabilities
Long-term debt	SFr 1,464	SFr 1,133
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model
Liabilities
Long-term debt		SFr 1,051
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Buyback probability [Member] | Minimum
Liabilities
Long-term debt, measurement input	50	50
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Buyback probability [Member] | Maximum
Liabilities
Long-term debt, measurement input	100	100
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Buyback probability [Member] | Weighted average
Liabilities
Long-term debt, measurement input	72	66
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Correlation [Member] | Minimum
Liabilities
Long-term debt, measurement input	(50)	(50)
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Correlation [Member] | Maximum
Liabilities
Long-term debt, measurement input	100	100
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Correlation [Member] | Weighted average
Liabilities
Long-term debt, measurement input	69	55
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Fund gap risk [Member] | Minimum
Liabilities
Long-term debt, measurement input	0	0
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Fund gap risk [Member] | Maximum
Liabilities
Long-term debt, measurement input	3	2
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Fund gap risk [Member] | Weighted average
Liabilities
Long-term debt, measurement input	1	0
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Gap risk [Member] | Minimum
Liabilities
Long-term debt, measurement input	0	0
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Gap risk [Member] | Maximum
Liabilities
Long-term debt, measurement input	3	4
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Gap risk [Member] | Weighted average
Liabilities
Long-term debt, measurement input	1	1
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Volatility [Member] | Minimum
Liabilities
Long-term debt, measurement input	0	0
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Volatility [Member] | Maximum
Liabilities
Long-term debt, measurement input	163	158
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Volatility [Member] | Weighted average
Liabilities
Long-term debt, measurement input	16	24
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Unadjusted NAV [Member] | Minimum
Liabilities
Long-term debt, measurement input	101
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Unadjusted NAV [Member] | Maximum
Liabilities
Long-term debt, measurement input	440
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Option model | Measurement Input, Unadjusted NAV [Member] | Weighted average
Liabilities
Long-term debt, measurement input	358
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Valuation Technique, Discounted Cash Flow [Member]
Liabilities
Long-term debt		SFr 48
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Minimum
Liabilities
Long-term debt, measurement input		35
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Maximum
Liabilities
Long-term debt, measurement input		189
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Weighted average
Liabilities
Long-term debt, measurement input		52
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Minimum
Liabilities
Long-term debt, measurement input		25
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Maximum
Liabilities
Long-term debt, measurement input		25
Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Weighted average
Liabilities
Long-term debt, measurement input		25
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years
Liabilities
Long-term debt	SFr 6,318	SFr 5,526
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model
Liabilities
Long-term debt	SFr 5,813	SFr 3,961
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Buyback probability [Member] | Minimum
Liabilities
Long-term debt, measurement input	50	50
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Buyback probability [Member] | Maximum
Liabilities
Long-term debt, measurement input	100	100
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Buyback probability [Member] | Weighted average
Liabilities
Long-term debt, measurement input	72	66
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Credit Spread [Member] | Minimum
Liabilities
Long-term debt, measurement input	3
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Credit Spread [Member] | Maximum
Liabilities
Long-term debt, measurement input	92
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Credit Spread [Member] | Weighted average
Liabilities
Long-term debt, measurement input	75
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Correlation [Member] | Minimum
Liabilities
Long-term debt, measurement input	(50)	(50)
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Correlation [Member] | Maximum
Liabilities
Long-term debt, measurement input	100	100
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Correlation [Member] | Weighted average
Liabilities
Long-term debt, measurement input	75	55
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Fund gap risk [Member] | Minimum
Liabilities
Long-term debt, measurement input	0
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Fund gap risk [Member] | Maximum
Liabilities
Long-term debt, measurement input	3
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Fund gap risk [Member] | Weighted average
Liabilities
Long-term debt, measurement input	1
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Gap risk [Member] | Minimum
Liabilities
Long-term debt, measurement input		0
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Gap risk [Member] | Maximum
Liabilities
Long-term debt, measurement input		2
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Gap risk [Member] | Weighted average
Liabilities
Long-term debt, measurement input		0
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Mean reversion [Member] | Minimum
Liabilities
Long-term debt, measurement input		(10)
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Mean reversion [Member] | Maximum
Liabilities
Long-term debt, measurement input		0
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Mean reversion [Member] | Weighted average
Liabilities
Long-term debt, measurement input		(5)
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Volatility [Member] | Minimum
Liabilities
Long-term debt, measurement input	0	0
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Volatility [Member] | Maximum
Liabilities
Long-term debt, measurement input	163	158
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Volatility [Member] | Weighted average
Liabilities
Long-term debt, measurement input	19	21
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Unadjusted NAV [Member] | Minimum
Liabilities
Long-term debt, measurement input	101
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Unadjusted NAV [Member] | Maximum
Liabilities
Long-term debt, measurement input	440
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Option model | Measurement Input, Unadjusted NAV [Member] | Weighted average
Liabilities
Long-term debt, measurement input	358
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Valuation Technique, Discounted Cash Flow [Member]
Liabilities
Long-term debt		SFr 1,380
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Valuation Technique, Discounted Cash Flow [Member] | Consolidation, Eliminations [Member]
Liabilities
Long-term debt	SFr 474
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Minimum
Liabilities
Long-term debt, measurement input		(14)
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Maximum
Liabilities
Long-term debt, measurement input		481
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Weighted average
Liabilities
Long-term debt, measurement input		58
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Consolidation, Eliminations [Member] | Minimum
Liabilities
Long-term debt, measurement input	8
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Consolidation, Eliminations [Member] | Maximum
Liabilities
Long-term debt, measurement input	702
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Consolidation, Eliminations [Member] | Weighted average
Liabilities
Long-term debt, measurement input	72
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Minimum
Liabilities
Long-term debt, measurement input		23
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Maximum
Liabilities
Long-term debt, measurement input		40
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Weighted average
Liabilities
Long-term debt, measurement input		38
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Price
Liabilities
Long-term debt	SFr 9
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Price | Measurement Input, Price in percent [Member] | Minimum
Liabilities
Long-term debt, measurement input	26
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Price | Measurement Input, Price in percent [Member] | Maximum
Liabilities
Long-term debt, measurement input	26
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Price | Measurement Input, Price in percent [Member] | Weighted average
Liabilities
Long-term debt, measurement input	26
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Market comparable
Liabilities
Long-term debt		SFr 9
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Market comparable | Measurement Input, Price Volatility [Member] | Minimum
Liabilities
Long-term debt, measurement input		27
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Market comparable | Measurement Input, Price Volatility [Member] | Maximum
Liabilities
Long-term debt, measurement input		46
Recurring basis | Level 3 | Long-term debt - of which structured notes over two years | Market comparable | Measurement Input, Price Volatility [Member] | Weighted average
Liabilities
Long-term debt, measurement input		27
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years
Liabilities
Long-term debt	SFr 1,854
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years | Option model
Liabilities
Long-term debt	SFr 382
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years | Option model | Measurement Input, Buyback probability [Member] | Minimum
Liabilities
Long-term debt, measurement input	50
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years | Option model | Measurement Input, Buyback probability [Member] | Maximum
Liabilities
Long-term debt, measurement input	100
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years | Option model | Measurement Input, Buyback probability [Member] | Weighted average
Liabilities
Long-term debt, measurement input	72
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years | Option model | Measurement Input, Correlation [Member] | Minimum
Liabilities
Long-term debt, measurement input	16
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years | Option model | Measurement Input, Correlation [Member] | Maximum
Liabilities
Long-term debt, measurement input	30
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years | Option model | Measurement Input, Correlation [Member] | Weighted average
Liabilities
Long-term debt, measurement input	24
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years | Option model | Measurement Input, Price Volatility [Member] | Minimum
Liabilities
Long-term debt, measurement input	9
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years | Option model | Measurement Input, Price Volatility [Member] | Maximum
Liabilities
Long-term debt, measurement input	9
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years | Option model | Measurement Input, Price Volatility [Member] | Weighted average
Liabilities
Long-term debt, measurement input	9
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years | Price
Liabilities
Long-term debt	SFr 1,472
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years | Price | Measurement Input, Price Volatility [Member] | Minimum
Liabilities
Long-term debt, measurement input	9
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years | Price | Measurement Input, Price Volatility [Member] | Maximum
Liabilities
Long-term debt, measurement input	35
Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years | Price | Measurement Input, Price Volatility [Member] | Weighted average
Liabilities
Long-term debt, measurement input	9
Recurring basis | Level 3 | Long-term debt - of which high-trigger instruments
Liabilities
Long-term debt	SFr 0	SFr 0
Recurring basis | Level 3 | Debt securities
Liabilities
Trading liabilities	3
Recurring basis | Level 3 | Debt securities | Debt securities issued by foreign governments
Liabilities
Trading liabilities	0
Recurring basis | Level 3 | Debt securities | Corporate debt securities
Liabilities
Trading liabilities	3
Recurring basis | Level 3 | Equity securities
Liabilities
Trading liabilities	22	55
Recurring basis | Level 3 | Short positions
Liabilities
Trading liabilities	25
Recurring basis | Level 3 | Derivative instruments
Liabilities
Trading liabilities	2,784	4,191
Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives
Liabilities
Trading liabilities	26	169
Recurring basis | Level 3 | Derivative instruments | Foreign exchange derivatives
Liabilities
Trading liabilities	57	72
Recurring basis | Level 3 | Derivative instruments | Credit derivatives
Liabilities
Trading liabilities		1,335
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Option model
Liabilities
Trading liabilities		SFr 12
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Option model | Measurement Input, Credit Spread [Member] | Minimum
Liabilities
Trading liabilities, measurement input		13
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Option model | Measurement Input, Credit Spread [Member] | Maximum
Liabilities
Trading liabilities, measurement input		865
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Option model | Measurement Input, Credit Spread [Member] | Weighted average
Liabilities
Trading liabilities, measurement input		250
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Option model | Measurement Input, Correlation [Member] | Minimum
Liabilities
Trading liabilities, measurement input		49
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Option model | Measurement Input, Correlation [Member] | Maximum
Liabilities
Trading liabilities, measurement input		50
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Option model | Measurement Input, Correlation [Member] | Weighted average
Liabilities
Trading liabilities, measurement input		50
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member]
Liabilities
Trading liabilities		SFr 738
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Minimum
Liabilities
Trading liabilities, measurement input		0
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Maximum
Liabilities
Trading liabilities, measurement input		1,468
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Credit Spread [Member] | Weighted average
Liabilities
Trading liabilities, measurement input		391
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Correlation [Member] | Minimum
Liabilities
Trading liabilities, measurement input		37
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Correlation [Member] | Maximum
Liabilities
Trading liabilities, measurement input		45
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Correlation [Member] | Weighted average
Liabilities
Trading liabilities, measurement input		44
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Default Rate [Member] | Minimum
Liabilities
Trading liabilities, measurement input		0
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Default Rate [Member] | Maximum
Liabilities
Trading liabilities, measurement input		7
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Default Rate [Member] | Weighted average
Liabilities
Trading liabilities, measurement input		3
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Minimum
Liabilities
Trading liabilities, measurement input		6
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Maximum
Liabilities
Trading liabilities, measurement input		19
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Discount Rate [Member] | Weighted average
Liabilities
Trading liabilities, measurement input		14
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Funding spread [Member] | Minimum
Liabilities
Trading liabilities, measurement input		55
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Funding spread [Member] | Maximum
Liabilities
Trading liabilities, measurement input		183
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Funding spread [Member] | Weighted average
Liabilities
Trading liabilities, measurement input		120
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Loss Severity [Member] | Minimum
Liabilities
Trading liabilities, measurement input		0
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Loss Severity [Member] | Maximum
Liabilities
Trading liabilities, measurement input		100
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Loss Severity [Member] | Weighted average
Liabilities
Trading liabilities, measurement input		68
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Prepayment Rate [Member] | Minimum
Liabilities
Trading liabilities, measurement input		0
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Prepayment Rate [Member] | Maximum
Liabilities
Trading liabilities, measurement input		9
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Prepayment Rate [Member] | Weighted average
Liabilities
Trading liabilities, measurement input		7
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Minimum
Liabilities
Trading liabilities, measurement input		12
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Maximum
Liabilities
Trading liabilities, measurement input		81
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Recovery rate [Member] | Weighted average
Liabilities
Trading liabilities, measurement input		38
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Market comparable
Liabilities
Trading liabilities		SFr 520
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Market comparable | Measurement Input, Price Volatility [Member] | Minimum
Liabilities
Trading liabilities, measurement input		84
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Market comparable | Measurement Input, Price Volatility [Member] | Maximum
Liabilities
Trading liabilities, measurement input		116
Recurring basis | Level 3 | Derivative instruments | Credit derivatives | Market comparable | Measurement Input, Price Volatility [Member] | Weighted average
Liabilities
Trading liabilities, measurement input		99
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products
Liabilities
Trading liabilities	1,787	SFr 2,010
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model
Liabilities
Trading liabilities	SFr 1,696
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model | Measurement Input, Buyback probability [Member] | Minimum
Liabilities
Trading liabilities, measurement input	50	50
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model | Measurement Input, Buyback probability [Member] | Maximum
Liabilities
Trading liabilities, measurement input	100	100
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model | Measurement Input, Buyback probability [Member] | Weighted average
Liabilities
Trading liabilities, measurement input	72	66
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model | Measurement Input, Correlation [Member] | Minimum
Liabilities
Trading liabilities, measurement input	(50)	(50)
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model | Measurement Input, Correlation [Member] | Maximum
Liabilities
Trading liabilities, measurement input	100	100
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model | Measurement Input, Correlation [Member] | Weighted average
Liabilities
Trading liabilities, measurement input	67	58
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model | Measurement Input, Volatility [Member] | Minimum
Liabilities
Trading liabilities, measurement input	(1)	(2)
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model | Measurement Input, Volatility [Member] | Maximum
Liabilities
Trading liabilities, measurement input	163	158
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model | Measurement Input, Volatility [Member] | Weighted average
Liabilities
Trading liabilities, measurement input	17	27
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model | Measurement Input, Unadjusted NAV [Member] | Minimum
Liabilities
Trading liabilities, measurement input	101
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model | Measurement Input, Unadjusted NAV [Member] | Maximum
Liabilities
Trading liabilities, measurement input	440
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model | Measurement Input, Unadjusted NAV [Member] | Weighted average
Liabilities
Trading liabilities, measurement input	358
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model | Measurement Input, Dividend yield [Member] | Minimum
Liabilities
Trading liabilities, measurement input	0
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model | Measurement Input, Dividend yield [Member] | Maximum
Liabilities
Trading liabilities, measurement input	7
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Option model | Measurement Input, Dividend yield [Member] | Weighted average
Liabilities
Trading liabilities, measurement input	4
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Price
Liabilities
Trading liabilities	SFr 63
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Vendor price | Measurement Input, Price Volatility [Member] | Minimum
Liabilities
Trading liabilities, measurement input	0
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Vendor price | Measurement Input, Price Volatility [Member] | Maximum
Liabilities
Trading liabilities, measurement input	849
Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products | Vendor price | Measurement Input, Price Volatility [Member] | Weighted average
Liabilities
Trading liabilities, measurement input	2
Nonrecurring basis
Liabilities
Other liabilities	SFr 21	SFr 14
Other liabilities of which commitments held-for-sale	21	14
Total liabilities at fair value	21	14
Nonrecurring basis | Level 3
Liabilities
Other liabilities	21	14
Other liabilities of which commitments held-for-sale	21	14
Total liabilities at fair value	SFr 21	SFr 14
Nonrecurring basis | Level 3 | Other liabilities - of which failed sales | Market comparable | Measurement Input, Price Volatility [Member] | Minimum
Liabilities
Other Liabilities, commitments held-for-sale, measurement input	80	83
Nonrecurring basis | Level 3 | Other liabilities - of which failed sales | Market comparable | Measurement Input, Price Volatility [Member] | Maximum
Liabilities
Other Liabilities, commitments held-for-sale, measurement input	97	98
Nonrecurring basis | Level 3 | Other liabilities - of which failed sales | Market comparable | Measurement Input, Price Volatility [Member] | Weighted average
Liabilities
Other Liabilities, commitments held-for-sale, measurement input	83	89
Bank
Liabilities
Due to banks	SFr 477	SFr 413
Customer deposits	3,700	4,343
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	13,307	13,688
Obligation to return securities received as collateral	15,017	50,773
Trading liabilities	27,539	45,871
Short-term borrowings	10,690	10,740
Long-term debt	67,788	70,243
Other liabilities	2,568	7,756
Bank | Recurring basis
Liabilities
Due to banks	477	413
Customer deposits	3,700	4,343
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	13,307	13,688
Obligation to return securities received as collateral	15,017	50,773
Trading liabilities	27,539	45,871
Short-term borrowings	10,690	10,740
Long-term debt	67,788	70,243
Other liabilities	2,568	7,756
Total liabilities at fair value	141,086	203,827
Bank | Recurring basis | Long-term debt - of which structured notes over one year and up to two years
Liabilities
Long-term debt	12,500	12,920
Bank | Recurring basis | Long-term debt - of which structured notes over two years
Liabilities
Long-term debt	30,486	33,856
Bank | Recurring basis | Long-term debt - of which other debt instruments over two years
Liabilities
Long-term debt	5,077
Bank | Recurring basis | Long-term debt - of which high-trigger instruments
Liabilities
Long-term debt	10,708	10,627
Bank | Recurring basis | Long-term debt - of which other subordinated bonds
Liabilities
Long-term debt	7,133
Bank | Recurring basis | Debt securities
Liabilities
Trading liabilities	7,677
Bank | Recurring basis | Debt securities | Debt securities issued by foreign governments
Liabilities
Trading liabilities	3,635
Bank | Recurring basis | Debt securities | Corporate debt securities
Liabilities
Trading liabilities	3,955
Bank | Recurring basis | Equity securities
Liabilities
Trading liabilities	9,016	20,694
Bank | Recurring basis | Short positions
Liabilities
Trading liabilities	16,693
Bank | Recurring basis | Derivative instruments
Liabilities
Trading liabilities	10,846	17,745
Bank | Recurring basis | Level 3
Liabilities
Due to banks	0	0
Customer deposits	394	448
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	0	0
Obligation to return securities received as collateral	14	101
Trading liabilities	2,809	4,246
Short-term borrowings	1,032	701
Long-term debt	9,676	7,286
Other liabilities	517	1,250
Total liabilities at fair value	14,442	14,032
Bank | Recurring basis | Level 3 | Long-term debt - of which structured notes over one year and up to two years
Liabilities
Long-term debt	1,464	1,133
Bank | Recurring basis | Level 3 | Long-term debt - of which structured notes over two years
Liabilities
Long-term debt	6,318	5,526
Bank | Recurring basis | Level 3 | Long-term debt - of which other debt instruments over two years
Liabilities
Long-term debt	1,854
Bank | Recurring basis | Level 3 | Long-term debt - of which high-trigger instruments
Liabilities
Long-term debt	0	0
Bank | Recurring basis | Level 3 | Long-term debt - of which other subordinated bonds
Liabilities
Long-term debt	0
Bank | Recurring basis | Level 3 | Debt securities
Liabilities
Trading liabilities	3
Bank | Recurring basis | Level 3 | Debt securities | Debt securities issued by foreign governments
Liabilities
Trading liabilities	0
Bank | Recurring basis | Level 3 | Debt securities | Corporate debt securities
Liabilities
Trading liabilities	3
Bank | Recurring basis | Level 3 | Equity securities
Liabilities
Trading liabilities	22	55
Bank | Recurring basis | Level 3 | Short positions
Liabilities
Trading liabilities	25
Bank | Recurring basis | Level 3 | Derivative instruments
Liabilities
Trading liabilities	2,784	4,191
Bank | Recurring basis | Level 3 | Derivative instruments | Interest rate derivatives
Liabilities
Trading liabilities	26	169
Bank | Recurring basis | Level 3 | Derivative instruments | Foreign exchange derivatives
Liabilities
Trading liabilities	57	72
Bank | Recurring basis | Level 3 | Derivative instruments | Credit derivatives
Liabilities
Trading liabilities		1,335
Bank | Recurring basis | Level 3 | Derivative instruments | Equity/Index-related products
Liabilities
Trading liabilities	1,787	2,010
Bank | Nonrecurring basis
Liabilities
Other liabilities	21	14
Other liabilities of which commitments held-for-sale	21	14
Total liabilities at fair value	21	14
Bank | Nonrecurring basis | Level 3
Liabilities
Other liabilities	21	14
Other liabilities of which commitments held-for-sale	21	14
Total liabilities at fair value	SFr 21	SFr 14

FI - Carrying value and fair va

FI - Carrying value and fair value not held at fair value (Details 16) - CHF (SFr) SFr in Millions	Dec. 31, 2021	Dec. 31, 2020
Financial assets
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	SFr 68,623	SFr 57,994
Available-for-sale Securities, Debt Securities	1,005	607
Loans	10,243	11,408
Other assets	9,184	8,373
Financial liabilities
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	13,213	13,594
Short-term borrowings	10,690	10,740
Long-term debt	68,722	70,976
Other liabilities	2,592	7,780
Carrying value of financial instruments not carried at fair value
Financial assets
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	35,283	34,282
Loans	277,766	277,137
Other assets	180,024	155,266
Financial liabilities
Due to banks and deposits	407,607	402,589
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	22,061	23,399
Short-term borrowings	8,703	10,128
Long-term debt	98,174	90,111
Other liabilities	12,460	16,012
Estimate of fair value
Financial assets
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	35,283	34,282
Loans	286,249	287,194
Other assets	180,069	155,290
Financial liabilities
Due to banks and deposits	407,613	402,624
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	22,061	23,399
Short-term borrowings	8,702	10,128
Long-term debt	100,557	93,214
Other liabilities	12,465	15,979
Estimate of fair value | Level 1
Financial assets
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	0	0
Loans	0	0
Other assets	164,097	138,672
Financial liabilities
Due to banks and deposits	243,324	234,700
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	0	0
Short-term borrowings	0	0
Long-term debt	0	0
Other liabilities	1	0
Estimate of fair value | Level 2
Financial assets
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	35,283	34,282
Loans	272,527	272,660
Other assets	15,469	16,315
Financial liabilities
Due to banks and deposits	164,289	167,924
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	22,061	23,399
Short-term borrowings	8,702	10,128
Long-term debt	98,841	90,897
Other liabilities	12,021	15,567
Estimate of fair value | Level 3
Financial assets
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	0	0
Loans	13,722	14,534
Other assets	503	303
Financial liabilities
Due to banks and deposits	0	0
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	0	0
Short-term borrowings	0	0
Long-term debt	1,716	2,317
Other liabilities	443	412
Bank
Financial assets
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	68,623	57,994
Available-for-sale Securities, Debt Securities	1,003	605
Loans	10,243	11,408
Other assets	9,184	8,373
Financial liabilities
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	13,307	13,688
Short-term borrowings	10,690	10,740
Long-term debt	67,788	70,243
Other liabilities	2,568	7,756
Bank | Carrying value of financial instruments not carried at fair value
Financial assets
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	35,283	34,282
Loans	286,438	285,570
Other assets	179,217	154,441
Financial liabilities
Due to banks and deposits	408,624	403,704
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	22,061	23,399
Short-term borrowings	14,646	10,568
Long-term debt	92,908	90,035
Other liabilities	12,542	16,131
Bank | Estimate of fair value
Financial assets
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	35,283	34,282
Loans	294,917	295,631
Other assets	179,258	154,464
Financial liabilities
Due to banks and deposits	408,630	403,739
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	22,061	23,399
Short-term borrowings	14,646	10,569
Long-term debt	95,299	93,033
Other liabilities	12,546	16,097
Bank | Estimate of fair value | Level 1
Financial assets
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	0	0
Loans	0	0
Other assets	163,307	137,763
Financial liabilities
Due to banks and deposits	244,155	235,477
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	0	0
Short-term borrowings	0	0
Long-term debt	0	0
Other liabilities	0	0
Bank | Estimate of fair value | Level 2
Financial assets
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	35,283	34,282
Loans	281,195	281,097
Other assets	15,457	16,399
Financial liabilities
Due to banks and deposits	164,475	168,262
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	22,061	23,399
Short-term borrowings	14,646	10,569
Long-term debt	93,597	90,716
Other liabilities	12,105	15,694
Bank | Estimate of fair value | Level 3
Financial assets
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions	0	0
Loans	13,722	14,534
Other assets	494	302
Financial liabilities
Due to banks and deposits	0	0
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions	0	0
Short-term borrowings	0	0
Long-term debt	1,702	2,317
Other liabilities	SFr 441	SFr 403

FI - Own credit gains_(losses)

FI - Own credit gains/(losses) on fair value option elected instruments (Details 17) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Financial instruments
Gains/(losses) recorded into AOCI	SFr 299	SFr 48
Gains/(losses) recorded into AOCI, Cumulatively	(2,252)
Gains/(losses) recorded into AOCI transferred to net income	103	156
Due to banks and customer deposits
Financial instruments
Gains/(losses) recorded into AOCI	14	(9)
Gains/(losses) recorded into AOCI, Cumulatively	(62)
Gains/(losses) recorded into AOCI transferred to net income	0	0
Short-term borrowings
Financial instruments
Gains/(losses) recorded into AOCI	19	(13)
Gains/(losses) recorded into AOCI, Cumulatively	(51)
Gains/(losses) recorded into AOCI transferred to net income	0	1
Long-term debt
Financial instruments
Gains/(losses) recorded into AOCI	266	70
Gains/(losses) recorded into AOCI, Cumulatively	(2,139)
Gains/(losses) recorded into AOCI transferred to net income	103	155
Long-term debt - of which structured notes over two years
Financial instruments
Gains/(losses) recorded into AOCI	359	(177)
Gains/(losses) recorded into AOCI, Cumulatively	(1,132)
Gains/(losses) recorded into AOCI transferred to net income	103	155
Long-term debt - of which treasury debt over two years
Financial instruments
Gains/(losses) recorded into AOCI	(129)	234
Gains/(losses) recorded into AOCI, Cumulatively	(921)
Gains/(losses) recorded into AOCI transferred to net income	0	0
Bank
Financial instruments
Gains/(losses) recorded into AOCI	296	2
Gains/(losses) recorded into AOCI, Cumulatively	(2,200)
Gains/(losses) recorded into AOCI transferred to net income	103	156
Bank | Due to banks and customer deposits
Financial instruments
Gains/(losses) recorded into AOCI	14	(9)
Gains/(losses) recorded into AOCI, Cumulatively	(62)
Gains/(losses) recorded into AOCI transferred to net income	0	0
Bank | Short-term borrowings
Financial instruments
Gains/(losses) recorded into AOCI	19	(13)
Gains/(losses) recorded into AOCI, Cumulatively	(51)
Gains/(losses) recorded into AOCI transferred to net income	0	1
Bank | Long-term debt
Financial instruments
Gains/(losses) recorded into AOCI	263	24
Gains/(losses) recorded into AOCI, Cumulatively	(2,087)
Gains/(losses) recorded into AOCI transferred to net income	103	155
Bank | Long-term debt - of which structured notes over two years
Financial instruments
Gains/(losses) recorded into AOCI	361	(177)
Gains/(losses) recorded into AOCI, Cumulatively	(1,142)
Gains/(losses) recorded into AOCI transferred to net income	103	155
Bank | Long-term debt - of which treasury debt over two years
Financial instruments
Gains/(losses) recorded into AOCI	(134)	188
Gains/(losses) recorded into AOCI, Cumulatively	(859)
Gains/(losses) recorded into AOCI transferred to net income	SFr 0	SFr 0

Assets pledged and collateral_2

Assets pledged and collateral (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Assets pledged and collateral
Total assets pledged or assigned as collateral	SFr 88,721	SFr 141,826
of which encumbered	39,105	80,428
Fair value of collateral received with the right to sell or repledge	289,898	414,268
of which sold or repledged	144,747	215,601
Other information
Cash and securities restricted under foreign banking regulations	3,868	4,089
Swiss National Bank required minimum liquidity reserves	2,246	2,092
Bank
Assets pledged and collateral
Total assets pledged or assigned as collateral	88,721	141,826
of which encumbered	39,105	80,428
Fair value of collateral received with the right to sell or repledge	289,898	414,268
of which sold or repledged	144,747	215,601
Other information
Cash and securities restricted under foreign banking regulations	3,423	3,465
Swiss National Bank required minimum liquidity reserves	SFr 2,246	SFr 2,092

Capital adequacy (Details)

Capital adequacy (Details) SFr in Millions	12 Months Ended
	Dec. 31, 2021CHF (SFr)	Dec. 31, 2020CHF (SFr)
Swiss capital
Swiss CET1 capital	SFr 38,529	SFr 35,351
Going concern capital	54,372	51,192
Gone concern capital	46,648	41,852
Total loss-absorbing capacity (TLAC)	101,020	93,044
Swiss risk-weighted assets and leverage exposure
Swiss risk-weighted assets	268,418	275,576
Leverage exposure	SFr 889,137	SFr 812,996
Swiss capital ratios
Swiss CET1 ratio	0.144	0.128
Going concern capital ratio	20.30%	18.60%
Gone concern capital ratio	17.40%	15.20%
TLAC ratio	0.376	0.338
Swiss leverage ratios
Swiss CET1 leverage ratio	4.30%	4.30%
Going concern leverage ratio	6.10%	6.30%
Gone concern leverage ratio	5.20%	5.10%
TLAC leverage ratio	11.40%	11.40%
Capital ratio requirements %
Swiss CET1 ratio requirement	10.00%	10.00%
Going concern capital ratio requirement	14.30%	14.30%
Gone concern capital ratio requirement	14.30%	14.30%
TLAC ratio requirement	0.286	0.286
Leverage ratio requirements %
Swiss CET1 leverage ratio requirement	3.50%	3.50%
Going concern leverage ratio requirement	5.00%	5.00%
Gone concern leverage ratio requirement	5.00%	5.00%
TLAC leverage ratio requirement	10.00%	10.00%
Description of Other Regulatory Limitations	Certain of the Group’s subsidiaries are subject to legal restrictions governing the amount of dividends they can pay (for example, pursuant to corporate law as defined by the Swiss Code of Obligations). Under the Swiss Code of Obligations, dividends may be paid out only if and to the extent the corporation has distributable profits from previous business years, or if the free reserves of the corporation are sufficient to allow distribution of a dividend. In addition, at least 5% of the annual net profits must be retained and booked as general legal reserves for so long as these reserves amount to less than 20% of the paid-in share capital. The reserves currently exceed this 20% threshold. Furthermore, dividends may be paid out only after shareholder approval at the Annual General Meeting.
Gone concern capital, phase-in	SFr 46,897	SFr 42,198
Instruments being phase-in	249	SFr 346
Gone concern ratio including central bank funds		4.50%
Leverage exposure, including central bank funds		SFr 923,673
Central bank funds		110,677
Bank
Swiss capital
Swiss CET1 capital	44,185	40,691
Going concern capital	59,110	55,648
Gone concern capital	41,316	41,857
Total loss-absorbing capacity (TLAC)	100,426	97,505
Swiss risk-weighted assets and leverage exposure
Swiss risk-weighted assets	267,558	276,157
Leverage exposure	SFr 895,810	SFr 806,005
Swiss capital ratios
Swiss CET1 ratio	0.165	0.147
Going concern capital ratio	22.10%	20.20%
Gone concern capital ratio	15.40%	15.20%
TLAC ratio	0.375	0.353
Swiss leverage ratios
Swiss CET1 leverage ratio	4.90%	5.00%
Going concern leverage ratio	6.60%	6.90%
Gone concern leverage ratio	4.60%	5.20%
TLAC leverage ratio	11.20%	12.10%
Capital ratio requirements %
Swiss CET1 ratio requirement	10.00%	10.00%
Going concern capital ratio requirement	14.30%	14.30%
Gone concern capital ratio requirement	14.30%	14.30%
TLAC ratio requirement	0.286	0.286
Leverage ratio requirements %
Swiss CET1 leverage ratio requirement	3.50%	3.50%
Going concern leverage ratio requirement	5.00%	5.00%
Gone concern leverage ratio requirement	5.00%	5.00%
TLAC leverage ratio requirement	10.00%	10.00%
Gone concern capital, phase-in	SFr 41,565	SFr 42,203
Instruments being phase-in	SFr 249	SFr 346
Gone concern ratio including central bank funds	4.60%	4.50%
Leverage exposure, including central bank funds	SFr 895,810	SFr 930,223
Central bank funds		SFr 124,218

Assets under management (Detail

Assets under management (Details) - CHF (SFr) SFr in Billions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Assets under management [Line Items]
Assets in collective investment instruments managed by Credit Suisse	SFr 231.8	SFr 215.6
Assets with discretionary mandates	294.8	267.4
Other assets under management	1,087.4	1,028.9
Assets under management (including double counting)	1,614	1,511.9	SFr 1,507.2
of which double counting	46.2	49.1
Bank
Assets under management [Line Items]
Assets in collective investment instruments managed by Credit Suisse	228.9	210.7
Assets with discretionary mandates	294.8	267.3
Other assets under management	1,087.3	1,029
Assets under management (including double counting)	1,611	1,507	SFr 1,500.7
of which double counting	SFr 45.9	SFr 48.8

Assets under management - Chang

Assets under management - Change (Details 2) - CHF (SFr) SFr in Billions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Changes in Assets under management
Assets under management at beginning of period	SFr 1,511.9	SFr 1,507.2
Net new assets/(net asset outflows)	30.9	42
Market movements, interest, dividends and foreign exchange	92.6	(14.7)
of which market movements, interest and dividends	80.8	53.4
of which foreign exchange	11.8	(68.1)
Other effects	(21.4)	(22.6)
Assets under management at end of period	1,614	1,511.9
Bank
Changes in Assets under management
Assets under management at beginning of period	1,507	1,500.7
Net new assets/(net asset outflows)	33.2	43.4
Market movements, interest, dividends and foreign exchange	92.4	(14.5)
of which market movements, interest and dividends	80.7	53.2
of which foreign exchange	11.7	(67.7)
Other effects	(21.6)	(22.6)
Assets under management at end of period	SFr 1,611	SFr 1,507

Litigation (Details)

Litigation (Details) $ in Thousands, € in Millions, SFr in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2021CHF (SFr)	Dec. 31, 2021USD ($)	Dec. 31, 2021EUR (€)	Dec. 31, 2021CAD ($)	Dec. 31, 2020USD ($)
Pending Litigation
Litigation provisions
Balance at beginning of period | SFr	SFr 1,660
Increases in litigation accruals | SFr	1,541
Decreases in litigation accruals | SFr	(68)
Decreases for settlement and other cash payments | SFr	(1,630)
Foreign exchange translation | SFr	36
Balance at end of period | SFr	1,539
Pending Litigation | Minimum
Litigation provisions
Range of possible losses that are not covered by existing provisions | SFr	0
Pending Litigation | Maximum
Litigation provisions
Range of possible losses that are not covered by existing provisions | SFr	SFr 1,500
Litigation foreign exchange matters | Court of Ontario and court of Quebec
Litigation disclosures
Litigation Settlement, Amount Awarded to Other Party				$ 5,560
Mozambique matter | United States Department of Justice (DOJ)
Litigation disclosures
of which fines		$ 275
Mozambique matter | United States Department of Justice (DOJ) | Penalty, basic [Member]
Litigation disclosures
of which fines		175.5
Mozambique matter | United States Department of Justice (DOJ) | Penalty, disgorgement [Member]
Litigation disclosures
of which fines		65
Mozambique matter | United States Department of Justice (DOJ) | Penalty, pre-judgment interest [Member]
Litigation disclosures
of which fines		34
Credit Suisse Securities (USA) LLC | Mortgage-related matters - Individual investor actions | IKB Deutsche Industriebank AG | Supreme Court for the State of New York, New York County (SCNY)
Litigation disclosures
Value of RMBS issued by third party underwritten by CSS LLC		97
Credit Suisse Securities (USA) LLC | Mortgage-related matters - Individual investor actions | Federal Deposit Insurance Corporation as receiver for Citizens National Bank and Strategic Capital Bank | US District Court for the Southern District of New York (SDNY)
Litigation disclosures
Value of RMBS issued by third party underwritten by CSS LLC		28
Credit Suisse Securities (USA) LLC | Mortgage-related matters - Individual investor actions | Federal Deposit Insurance Corporation as receiver for Colonial Bank | US District Court for the Southern District of New York (SDNY)
Litigation disclosures
RMBS offerings by third party		$ 394
Percentage of RMBS issued by third party underwritten by CSS LLC	23.00%	23.00%	23.00%	23.00%
Value of RMBS issued by third party underwritten by CSS LLC		$ 92
Credit Suisse Securities (USA) LLC | Mortgage-related matters - Monoline insurer disputes | MBIA Insurance Corp. | Supreme Court for the State of New York, New York County (SCNY)
Litigation disclosures
Estimated damages		604
Litigation Settlement, Amount Awarded to Other Party		600
Value of RMBS issued by third party underwritten by CSS LLC		770
Original principal balance of loans demanded to be repurchased		$ 549
Credit Suisse Securities (USA) LLC | Mortgage-related matters - Government and regulatory related | United States Department of Justice (DOJ)
Litigation disclosures
Litigation, Increase of Consumer Relief per Annum	5.00%	5.00%	5.00%	5.00%
Credit Suisse Securities (USA) LLC | Mortgage-related matters - Government and regulatory related | New Jersey Attorney General (NJAG) | Superior Court of New Jersey, Chancery Diivision, Mercer County (SCNJ)
Litigation disclosures
RMBS issued and underwritten by entity, number	13	13	13	13
Credit Suisse Securities (USA) LLC | Bank loan litigation | Highland Capital Management LP | Texas State Court
Litigation disclosures
Litigation Settlement, Amount Awarded to Other Party		$ 121			$ 287
Credit Suisse Securities (USA) LLC | Bank loan litigation | Highland Capital Management LP | Texas supreme court | Minimum
Litigation disclosures
Estimated damages		212
DLJ Mortgage Capital, Inc. | Mortgage-related matters - Repurchase litigations | Home Equity Mortgage Trust Series 2006-5 | Supreme Court for the State of New York, New York County (SCNY) | Minimum
Litigation disclosures
Estimated damages		500
DLJ Mortgage Capital, Inc. | Mortgage-related matters - Repurchase litigations | Home Equity Mortgage Trust Series 2006-1, 2006-3 and 2006-4 | Supreme Court for the State of New York, New York County (SCNY) | Minimum
Litigation disclosures
Estimated damages		730
DLJ Mortgage Capital, Inc. | Mortgage-related matters - Repurchase litigations | Home Equity Loan Trust Series 2006-HE7 | Supreme Court for the State of New York, New York County (SCNY) | Minimum
Litigation disclosures
Estimated damages		374			$ 341
DLJ Mortgage Capital, Inc. | Mortgage-related matters - Repurchase litigations | Home Equity Asset Trust Series 2006-8 | Supreme Court for the State of New York, New York County (SCNY) | Minimum
Litigation disclosures
Estimated damages		436
DLJ Mortgage Capital, Inc. | Mortgage-related matters - Repurchase litigations | Home Equity Asset Trust Series 2007-1 | Supreme Court for the State of New York, New York County (SCNY) | Minimum
Litigation disclosures
Estimated damages		420
DLJ Mortgage Capital, Inc. | Mortgage-related matters - Repurchase litigations | Home Equity Asset Trust Series 2007-2 | Supreme Court for the State of New York, New York County (SCNY) | Minimum
Litigation disclosures
Estimated damages		495
DLJ Mortgage Capital, Inc. | Mortgage-related matters - Repurchase litigations | Home Equity Asset Trust Series 2007-3 | Supreme Court for the State of New York, New York County (SCNY) | Minimum
Litigation disclosures
Estimated damages		206
DLJ Mortgage Capital, Inc. | Mortgage-related matters - Repurchase litigations | Home Equity Mortgage Trust Series 2006-5, 2006-6 and 2006-7 | Supreme Court for the State of New York, New York County (SCNY) | Minimum
Litigation disclosures
Estimated damages		936
DLJ Mortgage Capital, Inc. | Mortgage-related matters - Repurchase litigations | Home Equity Mortgage Trust Series 2006-1, 2006-3, 2006-4 and 2006-5 | Supreme Court for the State of New York, New York County (SCNY)
Litigation disclosures
Litigation Settlement, Amount Awarded to Other Party		$ 500
Credit Suisse AG | ATA litigation | US District Court for the Eastern District of New York (EDNY)
Litigation disclosures
Number of Plaintiffs	200	200	200	200
Credit Suisse AG | Customer acount matters, against former relationship manager | Credit Suisse AG | Geneva Prosecutor's Office
Litigation disclosures
Estimated damages		$ 130
Credit Suisse Group AG, Credit Suisse AG, Credit Suisse Securities (Europe) Limited | Rates Related Matters - regulatory matters - foreign exchange trading business | European Commission
Litigation disclosures
of which fines | €			€ 83.3
Credit Suisse Group AG, Credit Suisse Securities (Europe) Limited | Rates Related Matters - regulatory matters - SSA bonds trading business | European Commission
Litigation disclosures
of which fines | €			€ 11.9
CSSEL, CSI, Credit Suisse AG, London Branch | Mozambique matter | UK Financial Services Authority
Litigation disclosures
Debt Relief		200
of which fines		$ 200

Significant subsidiaries and _3

Significant subsidiaries and equity method investments (Details) - 12 months ended Dec. 31, 2021 ₽ in Millions, ₺ in Millions, € in Millions, ₨ in Millions, ฿ in Millions, ر.س in Millions, ¥ in Millions, £ in Millions, zł in Millions, SFr in Millions, Rp in Millions, RM in Millions, R$ in Millions, R in Millions, $ in Millions, $ in Millions, $ in Millions, $ in Millions, $ in Millions, $ in Millions

CHF (SFr)

USD ($)

JPY (¥)

EUR (€)

CAD ($)

PLN (zł)

GBP (£)

BRL (R$)

MXN ($)

AUD ($)

HKD ($)

SGD ($)

INR (₨)

TRY (₺)

SAR (ر.س)

ZAR (R)

MYR (RM)

THB (฿)

RUB (₽)

IDR (Rp)

BANK-now AG

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 30

Credit Suisse Insurance Linked Strategies Ltd

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 0.2

Credit Suisse (Poland) SP. z o.o

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | zł

zł 20

Credit Suisse Services AG

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 1

Credit Suisse Trust AG

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 5

Credit Suisse Trust Holdings Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | £

£ 7

CS LP Holdings AG

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 0.1

Inreska Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | £

3

Savoy Hotel Baur en Ville AG

Significant subsidiaries and equity method investments disclosures

Equity interest in %

88.00%

Nominal capital | SFr

SFr 7.5

Credit Suisse AG

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 4,399.7

Alpine Securitization LTD

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

$ 80.5

Banco Credit Suisse (Brasil) S.A.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | R$

R$ 53.6

Banco Credit Suisse (Mexico), S.A.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

$ 3,591.7

Banco de Investimentos Credit Suisse (Brasil) S.A.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | R$

164.8

Boston Re Ltd.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

2

Casa de Bolsa Credit Suisse (Mexico), S.A. de C.V.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

$ 274

Column Financial, Inc.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

0

Credit Suisse (Australia) Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

$ 34.1

Credit Suisse (Brasil) S.A. Corretora de Titulos e Valores Mobiliarios

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | R$

98.4

Credit Suisse (Deutschland) Aktiengesellschaft

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | €

€ 130

Credit Suisse (Hong Kong) Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

$ 8,192.9

Credit Suisse Istanbul Menkul Degerler A.S.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | ₺

₺ 10

Credit Suisse (Italy) S.P.A.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | €

170

Credit Suisse (Luxembourg) S.A.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 230.9

Credit Suisse (Qatar) LLC

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

29

Credit Suisse (Schweiz) AG

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 100

Credit Suisse (Singapore) Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

$ 743.3

Credit Suisse (UK) Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | £

245.2

Credit Suisse (USA), Inc.

Significant subsidiaries and equity method investments disclosures

SEC-registered debt securities maturing in July 2032

742

Equity interest in %

100.00%

Nominal capital

0

Credit Suisse Asset Management (Schweiz) AG

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 0.2

Credit Suisse Asset Management Real Estate GmbH

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | €

6.1

redit Suisse Bank (Europe), S.A.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | €

18

Credit Suisse Fund Service Luxembourg SA

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 1.5

Credit Suisse Asset Management (UK) Holding Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | £

144.2

Credit Suisse Asset Management International Holding Ltd

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 20

Credit Suisse Asset Management Investments Ltd

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 0.1

Credit Suisse Asset Management Ltd

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | £

£ 45

Credit Suisse Asset Management, LLC

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

1,115.9

Credit Suisse Atlas I Investments (Luxembourg) S.a.r.l.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

0

Credit Suisse Brazil (Bahamas) Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

70

Credit Suisse Business Analytics (India) Private Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | ₨

₨ 40

Credit Suisse Capital LLC

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

1,702.3

Credit Suisse Entrepreneur Capital AG

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 15

Credit Suisse Equities (Australia) Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

62.5

Credit Suisse Finance (India) Private Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | ₨

1,050.1

Credit Suisse First Boston (Latam Holdings) LLC

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

28.8

Credit Suisse First Boston Finance B.V.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | €

€ 0

Credit Suisse First Boston Mortgage Capital LLC

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

206.6

Credit Suisse First Boston Next Fund, Inc.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

0

Credit Suisse Fund Management S.A.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 0.3

Credit Suisse Funds AG

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 7

Credit Suisse Hedging-Griffo Corretora de Valores S.A.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | R$

R$ 29.6

Credit Suisse Holding Europe (Luxembourg) S.A.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 32.6

Credit Suisse Holdings (Australia) Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

$ 3

Credit Suisse Holdings (USA), Inc.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

550

Credit Suisse International

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

11,366.2

Equity interest held by other subsidiary in %

98.00%

Voting rights held by other subsidiary in %

98.00%

Credit Suisse International (Bank)

Significant subsidiaries and equity method investments disclosures

Equity interest in %

98.00%

Nominal capital

11,366.2

Equity interest held by other subsidiary in %

98.00%

Voting rights held by other subsidiary in %

98.00%

Remaining voting interests held by parent in %

2.00%

Credit Suisse Life (Bermuda) Ltd.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

0.5

Credit Suisse Loan Funding LLC

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

1.7

Credit Suisse Management LLC

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

891.4

Credit Suisse Prime Securities Services (USA) LLC

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

3.3

Credit Suisse Securities (Canada), Inc

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

$ 3.4

Credit Suisse Securities (Europe) Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

3,859.3

Credit Suisse Securities (Hong Kong) Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

$ 2,080.9

Credit Suisse Securities (India) Private Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | ₨

2,214.7

Credit Suisse Securities (Japan) Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | ¥

¥ 78,100

Credit Suisse Securities (Johannesburg) (Proprietary) Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | R

R 0

Credit Suisse Securities (Malaysia) Sdn. Bhd.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | RM

RM 100

LLC Credit Suisse Securities, (Moscow)

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | ₽

₽ 727

Credit Suisse Securities (Singapore) Pte Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

$ 30

Credit Suisse Securities (Thailand) Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | ฿

฿ 500

Credit Suisse Securities (USA) LLC

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

2,200.7

Credit Suisse Services (India) Private Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | ₨

₨ 0.1

Credit Suisse Services (USA) LLC

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

15.4

CS Non-Traditional Products Ltd.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

0.1

DLJ Mortgage Capital, Inc.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

0

Fides Treasury Services AG

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 2

JSC Bank Credit Suisse (Moscow)

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | ₽

₽ 460

CSSEL Guernsey Bare Trust

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

0

Lime Residential Ltd

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 0

Merban Equity AG

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | SFr

SFr 0.1

Select Portfolio Servicing, Inc.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

0

Solar Investco II Ltd.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

0

SP Holding Enterprises Corp.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

0

SR Lease Co VI Ltd.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital

$ 0

PT Credit Suisse Securities Indonesia

Significant subsidiaries and equity method investments disclosures

Equity interest in %

99.00%

Nominal capital | Rp

Rp 235,000

Credit Suisse Hypotheken AG

Significant subsidiaries and equity method investments disclosures

Equity interest in %

98.00%

Nominal capital | SFr

SFr 0.1

Credit Suisse Saudi Arabia

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Nominal capital | ر.س

ر.س 737.5

Credit Suisse Securities (China) Limited [Member]

Significant subsidiaries and equity method investments disclosures

Equity interest in %

51.00%

Nominal capital | SFr

SFr 1,089

Swisscard AECS GmBH

Significant subsidiaries and equity method investments disclosures

Equity interest in %

50.00%

Stockbrokers Holdings Pty Ltd.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

23.00%

ICBC Credit Suisse Asset Management Co., Ltd.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

20.00%

York Capital Management Global Advisors, LLC

Significant subsidiaries and equity method investments disclosures

Equity interest in %

5.00%

Holding Verde Empreendimentos e Participacoes S.A.

Significant subsidiaries and equity method investments disclosures

Equity interest in %

0.00%

Credit Suisse Group Funding (Guernsey) Limited

Significant subsidiaries and equity method investments disclosures

Equity interest in %

100.00%

Parent company (Details)

Parent company (Details) - CHF (SFr) SFr in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Interest and dividend income	SFr 9,658	SFr 11,261	SFr 16,671
Interest expense	(3,847)	(5,313)	(9,654)
Net interest income	5,811	5,948	7,017
Commissions and fees	13,165	11,853	11,158
Trading revenues	2,431	3,295	1,739
Other revenues	1,289	1,293	2,570
Net revenues	22,696	22,389	22,484
Provision for credit losses	4,205	1,096	324
Compensation and benefits	8,963	9,890	10,036
General and administrative expenses	7,159	6,523	6,128
Commission expenses	1,243	1,256	1,276
Goodwill impairment	1,623	0	0
Restructuring expenses	103	157
Total other operating expenses	10,128	7,936	7,404
Total operating expenses	19,091	17,826	17,440
Income/(loss) before taxes	(600)	3,467	4,720
Income tax expense/(benefit)	1,026	801	1,295
Net income/(loss)	(1,626)	2,666	3,425
Other comprehensive income/(loss), net of tax	1,830	(2,887)	(2,222)
Comprehensive income/(loss)	204	(221)	1,203
Group parent company
Dividends from Subsidiaries	12	24	24
Interest and dividend income	2,124	1,633	1,307
Interest expense	(2,173)	(1,649)	(1,343)
Net interest income	(37)	8	(12)
Commissions and fees	6	18	23
Trading revenues	(6)	12	(68)
Other revenues	36	78	100
Net revenues	(1)	116	43
Compensation and benefits	25	84	101
General and administrative expenses	74	62	61
Commission expenses	0	2	1
Goodwill impairment	1,623
Total other operating expenses	74	64	62
Total operating expenses	99	148	163
Income/(loss) before taxes	(100)	(32)	(120)
Income tax expense/(benefit)	(4)	(5)	0
Undistributed earnings/(loss) of subsidiaries and other affiliates	(1,554)	2,696	3,539
Net income/(loss)	(1,650)	2,669	3,419
Other comprehensive income/(loss), net of tax	1,824	(2,881)	(2,224)
Comprehensive income/(loss)	174	(212)	1,195
Subsidiaries and other affiliates
Interest and dividend income	2,124	1,633	1,307
Interest expense	54	39	9
Trading revenues	(802)	550	289
Other revenues	36	77	100
Group Parent company - subsidiary that holds a banking license
Dividends from Subsidiaries	10	10	10
Group Parent company - subsidiary that doesn't hold a banking license
Dividends from Subsidiaries	SFr 2	SFr 14	SFr 14

Parent company (Details 2)

Parent company (Details 2) - CHF (SFr) SFr in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Assets
Cash and due from banks	[1]	SFr 164,818	SFr 139,112	SFr 101,879	SFr 100,047
Interest-bearing deposits with banks		1,323	1,298
Investment securities		1,005	607
Other assets		41,231	39,637
Total assets		755,833	818,965
Liabilities and equity
Due to banks		18,965	16,423
Short-term borrowings		19,393	20,868
Long-term debt		166,896	161,087
Other liabilities		22,644	31,434
Total liabilities		711,603	776,024
Total shareholders' equity		43,954	42,677
Total liabilities and equity		755,833	818,965
Group parent company
Assets
Cash and due from banks		143	277	SFr 277	SFr 324
Interest-bearing deposits with banks		5,948	445
Investment securities		55,659	52,061
Investments in subsidiaries and other affiliates		51,452	49,911
Other assets		831	782
Total assets		114,033	103,476
Liabilities and equity
Due to banks		2,743	2,442
Short-term borrowings		4,700	4,700
Long-term debt		61,949	53,009
Other liabilities		687	648
Total liabilities		70,079	60,799
Total shareholders' equity		43,954	42,677
Total liabilities and equity		114,033	103,476
Subsidiaries and other affiliates
Assets
Cash and due from banks		143	277
Interest-bearing deposits with banks		5,944	440
Investment securities		55,659	52,061
Other assets		827	761
Liabilities and equity
Due to banks		2,743	2,442
Short-term borrowings		4,700	4,700
Long-term debt		104,612
Other liabilities		SFr 7	SFr 6
[1]	Includes restricted cash.

Parent company (Details 3)

Parent company (Details 3) - CHF (SFr) SFr in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Operating activities of continuing operations
Net cash provided by/(used in) operating activities		SFr 36,938	SFr (6,031)	SFr (17,338)
Investing activities of continuing operations
(Increase)/decrease in interest-bearing deposits with banks		(7)	(519)	411
(Increase)/decrease in central bank funds sold, securities purchased under resale agreements and securities borrowing transactions		(8,895)	19,289	8,386
Purchase of investment securities		(630)	(402)	(557)
Proceeds from sale of investment securities		0	629	6
Maturities of investment securities		184	184	1,007
Investments in subsidiaries and other investments		(2,049)	(210)	(285)
Proceeds from sale of other investments		616	678	1,158
(Increase)/decrease in loans		(3,710)	(8,029)	(16,377)
Proceeds from sale of loans		5,371	3,860	4,612
Capital expenditures for premises and equipment and other intangible assets		(1,419)	(1,188)	(1,293)
Proceeds from sale of premises and equipment and other intangible assets		3	45	30
Other, net		454	113	543
Net cash provided by/(used in) investing activities		(10,082)	14,450	(2,359)
Financing activities of continuing operations
Increase/(decrease) in due to banks and customer deposits		1,217	24,618	26,149
Increase/(decrease) in short-term borrowings		(337)	(5,246)	6,919
Increase/(decrease) in central bank funds purchased, securities sold under repurchase agreements and securities lending transactions		(2,996)	(1,534)	3,381
Issuances of long-term debt		56,552	58,009	34,963
Repayments of long-term debt		(52,965)	(42,768)	(46,290)
Sale of treasury shares		20,858	12,364	9,624
Repurchase of treasury shares		(21,915)	(13,253)	(11,536)
Dividends paid/capital repayments		(257)	(716)	(696)
Other, net		(204)	7	(378)
Net cash provided by/(used in) financing activities		(47)	31,481	22,136
Effect of exchange rate changes on cash and due from banks
Effect of exchange rate changes on cash and due from banks		(1,103)	(2,667)	(607)
Net increase/(decrease) in cash and due from banks
Net increase/(decrease) in cash and due from banks		25,706	37,233	1,832
Cash and due from banks at beginning of period	[1]	139,112	101,879	100,047
Cash and due from banks at end of period	[1]	164,818	139,112	101,879
Group parent company
Operating activities of continuing operations
Net cash provided by/(used in) operating activities		(286)	(10)	(131)
Investing activities of continuing operations
(Increase)/decrease in interest-bearing deposits with banks		(5,772)	1	2
Purchase of investment securities		(2,995)	(12,644)	(9,396)
Maturities of investment securities		56	0	942
Investments in subsidiaries and other investments		(1,121)	0	(10)
Proceeds from sale of other investments		9	0	48
Other, net		0	0	6
Net cash provided by/(used in) investing activities		(9,823)	(12,643)	(8,408)
Financing activities of continuing operations
Increase/(decrease) in due to banks and customer deposits		301	155	923
Issuances of long-term debt		8,730	13,644	10,396
Repayments of long-term debt		(56)	0	(942)
Issuances of common shares		1,661	0	(10)
Sale of treasury shares		544	420	560
Repurchase of treasury shares		(1,017)	(882)	(1,916)
Dividends paid/capital repayments		(257)	(716)	(728)
Other, net		(1)	60	211
Net cash provided by/(used in) financing activities		9,905	12,681	8,494
Effect of exchange rate changes on cash and due from banks
Effect of exchange rate changes on cash and due from banks		70	(28)	(2)
Net increase/(decrease) in cash and due from banks
Net increase/(decrease) in cash and due from banks		(134)	0	(47)
Cash and due from banks at beginning of period		277	277	324
Cash and due from banks at end of period		SFr 143	SFr 277	SFr 277
[1]	Includes restricted cash.

Significant valuation and inc_2

Significant valuation and income recognition differences between US GAAP and - Swiss GAAP banking law (Details)	12 Months Ended
	Dec. 31, 2021yearweek
Significant valuation and income recognition differences between US GAAP and Swiss GAAP banking law (true and fair view)
Goodwill, maximum useful life (in years)	5
Goodwill, maximum useful life for justified exceptional cases (in years)	10
Intangible assets with indefinite lives, maximum useful life (in years)	5
Intangible assets with indefinite lives, maximum useful life for justified exceptional cases (in years)	10
Loan commitment notice period for Swiss GAAP (in weeks) | week	6