Credit Suisse Results Presentation Deck
WM Deep Dive: performance impacted by challenging market
conditions; net interest income geared to higher rates
Our competitive strength
Wealth Management & Private Banking
Switzerland
in CHF trn
8
Net loans
Custody
assets
Assets under
Management
0.2
0.2
0.8
Top 2 Global Wealth
Manager¹ outside of US
with strong brand and heritage
WM and PB Switzerland
CHF 1.2 trn CBV
CHF 0.8 trn AuM
-60% exposure to higher
growth markets²
~55% of revenues from
UHNW clients
Yield curves³
Equity markets 4
rebased to 100
4%
3%
2%
1%
(1)%
US Investors
with "Bearish"
sentiment5
110
100
90
80
Jun-21
Market drivers
~200 bps
25%
1Y 2Y 3Y 5Y 7Y 1ΟΥ 2ΟΥ 3ΟΥ
US
Oct-21
-110 bps
45%
EU
Feb-22
26%
USD (Jun-22)
USD (Dec-21)
CHF (Jun-22)
CHF (Dec-21)
CH
39%
Jun-22
46%
2222
Our 2022 performance
NII +4% YoY and +9% QoQ on
higher rates
Higher interest rates expected to
add CHF ~0.8 bn to WM NII by
2024 vs. 2021
Recurring commissions and fees
(14)% YoY and (3)% QoQ
reflecting lower AuM
Transaction-based revenues
(11) % YoY and (17)% QoQ on
risk averse client sentiment
~3,000 RMS (WM and PB Switzerland) with +70 new RMs in 1H22, notably in APAC, Switzerland and EMEA
Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of this presentation for detailed information and defined terms as well as important presentation and other
information relating to non-GAAP financial measures, including reconciliations. 1 McKinsey Wealth Pools, 2021; Market share based on markets (client domiciles, onshore / offshore) and client segments Credit Suisse is active
in 2 Higher growth markets include APAC region and Emerging Markets; % based on CBV 3 Bloomberg, as of June 30, 2022 4 Bloomberg: S&P 500 index for US, Stoxx Europe 600 Index for EU and SMI for CH
5 Based on "American Association of Individual Investor" survey; 2022 results based on YTD figures as of July 2022
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