Credit Suisse Risk Organization Strategic Goals and Performance
Our cost structure reflects the period of transition from a
federated to a centralized model
42
Operating expenses
in CHF bn
3.6
Technology
(0.2)
3.4
Change the Bank
1.2
Maintenance
0.4
Run the Bank
1.6
1.1
0.4
1.5
Operations
0.4
2022 Budget
Estimated reduction
0.4
2022 Exit Rate
Immediate Exit Rate savings in 2022 identified,
actual fiscal savings will be reported with
4Q22/FY22 results
Defragmentation of Change the Bank
portfolio intended to reduce duplication with
expected 2022 synergies
Run the Bank cost reflects our on-premises
operating model
Our review of industry benchmarks¹ indicates an overspend in Technology and an underspend in Operations
Footnotes are an integral part of this presentation. See slides 62-67 in the appendix of this presentation for detailed information, including
important presentation and other information relating to non-GAAP financial measures, and defined terms.
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