BRIEF-Fitch Places Swisscard AECS GmbH On Rating Watch Negative Following Credit Suisse Rating Action

Credit Suisse Group AG: * FITCH PLACES SWISSCARD AECS GMBH ON RATING WATCH NEGATIVE FOLLOWING CREDIT SUISSE RATING ACTION

* FITCH - DOWNGRADED SWISSCARD'S SHAREHOLDER SUPPORT RATING (SSR) TO 'BB-' FROM 'BBB' AND PLACED IT ON RATING WATCH EVOLVING (RWE) * FITCH: ACQUISITION OF CS BY UBS INTRODUCES UNCERTAINTIES REGARDING SWISSCARD'S LONG-TERM STRATEGIC DIRECTION UNDER UBS OWNERSHIP Source text for Eikon: Further company coverage: