Credit Suisse Capital Metrics and Core Results 9M16
Strategic actions: Reduce fixed costs
Further restructuring expected to result in increased cost savings
Overview of key savings initiatives in CHF bn
Sources of cost savings
3
SRU & Exits
Wind-down of SRU
4.3
2 Services
Efficiencies from
workforce
strategy and
1 Corp. Center
Substantial
completion of major
programs including
regulatory projects
1.0
London right-
sizing, etc.
0.9
portfolio, business
exits, and associated
costs
1.6
GM & IBCM:
1.2
Investments to facilitate growth
SRU: 1.5
~0.5-1.0
Reinvestment plan I
prioritized for
relationship manager
recruitment and
growth priorities in
APAC and IWM
SUB: 0.4
IWM: 0.2
CC: 1.0
Corporate
Center1
Shared
Services
Other Front Office
and SRU Expenses
2018 gross
cost savings target
Reinvestment
Gross cost savings
SUB Swiss Universal Bank IWM International Wealth Management APAC Asia Pacific
Resolution Unit
1 Includes rundown of realignment costs.
CREDIT SUISSE
> 3.0
2018 net
cost savings target
GM Global Markets IBCM = Investment Banking & Capital Markets CC=Corporate Center
SRU = Strategic
B
November 2016
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