Credit Suisse (UBS) — Ethics Grade F

Credit Suisse (UBS) receives an overall ethics grade of F (15/100) on CancelCo's corporate accountability database. Sector: Financial Services. Market cap: Large Cap. Parent company: UBS Group.

Category scores

• labor: 35
• privacy: 30
• consumer: 5
• environment: 25
• humanRights: 10

Documented incidents (4)

• Bank collapse from risk failures (high, 2023) — Collapsed in 2023 after decades of scandals, requiring emergency $3.2B UBS takeover backed by $100B+ in government guarantees.
• Suisse Secrets tax evasion (high, 2022) — Leaked data revealed Credit Suisse held $100B+ in accounts for dictators, human traffickers, and corrupt officials.
• Archegos and Greensill disasters (high, 2021) — Lost $5.5B from Archegos collapse and $10B in Greensill-linked funds froze, devastating investors who were sold low-risk products.
• US tax evasion conspiracy (high, 2014) — Pleaded guilty to helping Americans evade taxes. Paid $2.6B—the largest penalty ever for a bank pleading guilty to a crime.

Ethical alternatives

• Triodos Bank — Transparent ethical bank with full loan disclosure and sustainable-only financing.