2021 Investor Day
Simplify: Divesting non-core Investments & Partnerships
portfolio and streamlining our future platform
Exiting non-core Investments & Partnership (I&P)
portfolio...
Reduction in RWA usage, in CHF bn¹
■
~(40)%
4.9
2020
2024 Aspiration
Decisive action to reduce portfolio over 2021
...and implementing one global operating platform for
Asset Management
6 core principles for future operating platform
Global
standards
Global
functions
Scalable
platform
(33)% as
of 3Q21
Achieved 33% or CHF 1.6 bn RWA reduction²
by 3Q21 vs. 2020
Aiming for a reduction of ~40% vs. 2020 until 2024
Accelerating shift towards operating businesses
End-to-end
processes
Technology-
enabled
Cost
Efficiency
☐
☐
Build scalable platform that delivers digital- and
operational alpha and reduces operational risk
Streamline processes and decision-making
1 Includes FX effects. Reduction partially offset by re-valuation of single investment leading to an increased RWA as well as off-setting FX effects of CHF 0.3 bn in 1Q 21 2 Includes 3Q21 impairment of York Capital
Management investment
CREDIT SUISSE
2021 Investor Day
November 4, 2021
87View entire presentation