Clariden Leu (Europe) Ltd. (formerly Clariden Leu Asset Management UK) is a Swiss private bank based in Zurich. The Bank offers wealth and asset management services to private clients in the key markets Eastern Europe, Middle East and Africa and other emerging markets. Assets under management: CHF 2.1 billion (as of August 31, 2012). Credit Suisse legally merged with Clariden Leu on April 2, 2012, acquiring all of Clariden Leu's assets and liabilities and assuming all of its rights and obligations. On October 4, 2012, Swiss wealth management boutique Falcon Private Bank agreed to acquire Clariden Leu.