2021 Investor Day
Strengthen
Simplify
Invest for Growth
We aim to deliver CHF ~1.0-1.5 bn of efficiency savings by
2024 to fund growth investments
Simplify
Streamline
Automate
Creating global Wealth Management division
Creating global Investment Bank division
Centralizing technology and operations functions
to deliver shared platform
Rationalizing legal entity and banking platform set-up
Optimizing our organizational structure
Centralizing Procurement
Digitalizing front-to-back operating model
Delivering CSX in Swiss Bank
CHF 1.0-1.5 bn
of annual
structural cost savings¹
by 2024
to invest for growth
1 Aspiration measured using adjusted operating expenses, excluding significant items, at constant 2021 FX rates, progressively increasing from 2022-2024; does not include cost reductions from exited businesses
CREDIT SUISSE
2021 Investor Day
November 4, 2021
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