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SECURITIES AND EXCHANGE COMMISSION

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Translation of registrant’s name into English)

Paradeplatz 8, CH 8001 Zurich, Switzerland
(Address of principal executive office)

(Translation of registrant’s name into English)

Paradeplatz 8, CH 8001 Zurich, Switzerland
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or
Form 40-F.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

On November 2, 2017, the Credit Suisse Financial Report 3Q17 was published. A copy of the Financial Report is attached as an exhibit to this report on Form 6-K. This report on Form 6-K (including the exhibits hereto) is hereby (i) incorporated by reference into the Registration Statement on Form F-3 (file no. 333-218604) and the Registration Statements on Form S-8 (file nos. 333-101259, 333-208152 and 333-217856), and (ii) shall be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended, except, in the case of both (i) and (ii), (a) the information under “Differences between Group and Bank” and “Selected financial data – Bank” shall not be incorporated by reference into, or be deemed “filed”, with respect to the Registration Statements on Form S-8 (file nos. 333-101259, 333-208152 and 333-217856) and (b) the sections of the attached Financial Report entitled “II – Treasury, risk, balance sheet and off-balance sheet – Capital management – Bank regulatory disclosures”, “Investor information” and “Financial calendar and contacts” shall not be incorporated by reference into, or be deemed “filed”, with respect to any such Registration Statements.

Credit Suisse Group AG and Credit Suisse AG file an annual report on Form 20-F and file quarterly reports, including unaudited interim financial information, and furnish or file other reports on Form 6-K with the US Securities and Exchange Commission (SEC) pursuant to the requirements of the Securities Exchange Act of 1934, as amended. The SEC reports of Credit Suisse Group AG and Credit Suisse AG are available to the public over the internet at the SEC’s website at www.sec.gov and from the SEC’s Public Reference Room at 100 F Street, N.E., Washington, D.C. 20549 (telephone 1-800-SEC-0330). The SEC reports of Credit Suisse Group AG and Credit Suisse AG are also available under “Investor Relations” on Credit Suisse Group AG’s website at www.credit-suisse.com and at the offices of the New York Stock Exchange, 20 Broad Street, New York, NY 10005.

Unless the context otherwise requires, references herein to “Credit Suisse Group,” “Credit Suisse,” “the Group,” “we,” “us” and “our” mean Credit Suisse Group AG and its consolidated subsidiaries and the term “the Bank” means Credit Suisse AG, the direct bank subsidiary of the Group, and its consolidated subsidiaries.

SEC regulations require certain information to be included in registration statements relating to securities offerings. Such additional information for the Group and the Bank is included in this report on Form 6-K, which should be read together with the Group’s and the Bank’s annual report on Form 20-F for the year ended December 31, 2016 (Credit Suisse 2016 20-F) filed with the SEC on March 24, 2017, the Group’s financial report for the first quarter of 2017 (Credit Suisse Financial Report 1Q17), filed with the SEC on Form 6-K on May 4, 2017, the Group’s financial report for the second quarter of 2017 (Credit Suisse Financial Report 2Q17), filed with the SEC on Form 6-K on July 28, 2017 and the Group’s financial report for the third quarter of 2017 (Credit Suisse Financial Report 3Q17), filed with the SEC as Exhibit 99.1 hereto.

This report filed on Form 6-K also contains certain information about Credit Suisse AG (Bank) relating to its results as of and for the three and nine months ended September 30, 2017. The Bank, a Swiss bank and joint stock corporation established under Swiss law, is a wholly-owned subsidiary of the Group. The Bank’s registered head office is in Zurich, and it has additional executive offices and principal branches in London, New York, Hong Kong, Singapore and Tokyo.

References herein to “CHF” are to Swiss francs.

Forward-looking statements

This Form 6-K and the information incorporated by reference in this Form 6-K include statements that constitute forward-looking statements. In addition, in the future the Group, the Bank and others on their behalf may make statements that constitute forward-looking statements.

When evaluating forward-looking statements, you should carefully consider the cautionary statement regarding forward-looking information, the risk factors and other information set forth in the Credit Suisse 2016 20-F, and subsequent annual reports on Form 20-F filed by the Group and the Bank with the SEC and the Group’s and the Bank’s reports on Form 6-K furnished to or filed with the SEC, and other uncertainties and events.

Except where noted, the business of the Bank is substantially the same as the business of the Group, and substantially all of the Bank’s operations are conducted through the Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, Investment Banking & Capital Markets and the Strategic Resolution Unit segments. These segment results are included in Core Results, except for the Strategic Resolution Unit, which is part of the Credit Suisse results. Core Results also includes certain Corporate Center activities of the Group that are not applicable to the Bank. Certain other assets, liabilities and results of operations are managed as part of the activities of the six segments. However, since they are legally owned by the Group, they are not included in the Bank’s consolidated financial statements. These relate principally to (i) financing vehicles of the Group, which include special purpose vehicles for various funding activities of the Group, including for the purpose of raising capital; and (ii) hedging activities relating to share-based compensation awards.

These operations and activities vary from period to period and give rise to differences between the Bank’s consolidated assets, liabilities, revenues and expenses, including pensions and taxes, and those of the Group.

For further information on the differences between the Group and the Bank, refer to “Note 31 – Subsidiary guarantee information” in III – Condensed consolidated financial statements – unaudited in the Credit Suisse Financial Report 3Q17.

Comparison of consolidated statements of operations
Bank Group Bank Group
in 3Q17 3Q16 3Q17 3Q16 9M17 9M16 9M17 9M16
Statements of operations (CHF million)
Net revenues 4,974 5,530 4,972 5,396 15,714 15,147 15,711 15,142
Total operating expenses 4,694 5,196 4,540 5,119 14,147 15,256 13,892 15,028
Income/(loss) before taxes 248 279 400 222 1,400 (286) 1,652 (63)
Net income/(loss) 116 67 247 37 882 (227) 1,145 (90)
Net income/(loss) attributable to shareholders 111 72 244 41 879 (224) 1,143 (91)
Comparison of consolidated balance sheets
Bank Group
end of 3Q17 4Q16 3Q17 4Q16
Balance sheet statistics (CHF million)
Total assets 791,146 822,065 788,690 819,861
Total liabilities 745,390 778,207 744,609 777,550
Capitalization and indebtedness
Bank Group
end of 3Q17 4Q16 3Q17 4Q16
Capitalization and indebtedness (CHF million)
Due to banks 17,493 22,800 17,497 22,800
Customer deposits 355,380 357,224 354,386 355,833
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 33,146 33,016 33,146 33,016
Long-term debt 179,384 192,495 180,294 193,315
Other liabilities 159,987 172,672 159,286 172,586
Total liabilities 745,390 778,207 744,609 777,550
Total equity 45,756 43,858 44,081 42,311
Total capitalization and indebtedness 791,146 822,065 788,690 819,861
BIS capital metrics
Bank Group
end of 3Q17 4Q16 3Q17 4Q16
Capital and risk-weighted assets (CHF million)
CET1 capital 38,560 37,356 37,331 36,576
Tier 1 capital 52,286 48,888 51,848 48,865
Total eligible capital 57,646 55,802 57,208 55,728
Risk-weighted assets 267,400 270,653 266,588 271,372
Capital ratios (%)
CET1 ratio 14.4 13.8 14.0 13.5
Tier 1 ratio 19.6 18.1 19.4 18.0
Total capital ratio 21.6 20.6 21.5 20.5
Condensed consolidated statements of operations
in 3Q17 3Q16 % change 9M17 9M16 % change
Condensed consolidated statements of operations (CHF million)
Interest and dividend income 4,275 4,222 1 12,920 13,565 (5)
Interest expense (2,619) (2,284) 15 (7,824) (7,601) 3
Net interest income 1,656 1,938 (15) 5,096 5,964 (15)
Commissions and fees 2,723 2,633 3 8,597 8,025 7
Trading revenues 318 359 (11) 1,092 47
Other revenues 277 600 (54) 929 1,111 (16)
Net revenues 4,974 5,530 (10) 15,714 15,147 4
Provision for credit losses 32 55 (42) 167 177 (6)
Compensation and benefits 2,266 2,719 (17) 7,554 8,038 (6)
General and administrative expenses 1,984 2,016 (2) 5,276 5,699 (7)
Commission expenses 347 322 8 1,065 1,061 0
Restructuring expenses 97 139 (30) 252 458 (45)
Total other operating expenses 2,428 2,477 (2) 6,593 7,218 (9)
Total operating expenses 4,694 5,196 (10) 14,147 15,256 (7)
Income/(loss) before taxes 248 279 (11) 1,400 (286)
Income tax expense/(benefit) 132 212 (38) 518 (59)
Net income/(loss) 116 67 73 882 (227)
Net income/(loss) attributable to noncontrolling interests 5 (5) 3 (3)
Net income/(loss) attributable to shareholders 111 72 54 879 (224)
Condensed consolidated balance sheets
end of 3Q17 4Q16 % change
Assets (CHF million)
Cash and due from banks 105,541 121,066 (13)
Interest-bearing deposits with banks 675 767 (12)
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions 140,041 134,839 4
Securities received as collateral 35,901 32,564 10
Trading assets 142,665 165,392 (14)
Investment securities 2,701 2,486 9
Other investments 6,105 6,717 (9)
Net loans 279,892 278,960 0
Premises and equipment 4,353 4,666 (7)
Goodwill 4,012 4,189 (4)
Other intangible assets 219 213 3
Brokerage receivables 35,525 33,431 6
Other assets 33,516 36,775 (9)
Total assets 791,146 822,065 (4)
Liabilities and equity (CHF million)
Due to banks 17,493 22,800 (23)
Customer deposits 355,380 357,224 (1)
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions 33,146 33,016 0
Obligation to return securities received as collateral 35,901 32,564 10
Trading liabilities 43,970 44,952 (2)
Short-term borrowings 16,711 15,385 9
Long-term debt 179,384 192,495 (7)
Brokerage payables 32,416 39,852 (19)
Other liabilities 30,989 39,919 (22)
Total liabilities 745,390 778,207 (4)
Total shareholder's equity 44,923 42,789 5
Noncontrolling interests 833 1,069 (22)
Total equity 45,756 43,858 4
Total liabilities and equity 791,146 822,065 (4)
BIS statistics (Basel III)
end of 3Q17 4Q16 % change
Eligible capital (CHF million)
Common equity tier 1 (CET1) capital 38,560 37,356 3
Tier 1 capital 52,286 48,888 7
Total eligible capital 57,646 55,802 3
Capital ratios (%)
CET1 ratio 14.4 13.8
Tier 1 ratio 19.6 18.1
Total capital ratio 21.6 20.6

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


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