Credit Suisse Results Presentation Deck
Asset Management
PTI adversely affected by market sell off
Adjusted key financials
Key metrics
22
in CHF mn
Management fees
Perf., transaction & placement rev.
Investment and partnership income
Net revenues
Provision for credit losses
Total operating expenses
Adjusted PTI
Adjusted C/I ratio
Adjusted RoRC+
Reported PTI
Reported RoRC+
in CHF bn
Assets under management
Net new assets
Risk-weighted assets
Leverage exposure
2Q22
258
5
48
311
2
278
31
89%
15%
30
14%
427
(6.1)
9
3
1Q22
272
44
43
359
0
308
51
86%
25%
53
26%
462
(0.6)
8
2Q21
285
79
53
417
1
294
122
71%
49%
120
48%
471
1.3
10
3
A 2Q21
(9)%
(94)%
(9)%
(25)%
(5)%
(75)%
(76)%
(9)%
(16)%
(3)%
Net revenues down 25%
due to lower performance, transactions & placement revenues reflecting
CHF (30) mn of investment-related losses, CHF (21) mn lower performance fees,
CHF (16) mn lower placement fees and lower management fees (reflecting 9%
drop in AuM)
Operating expenses down 5%
mainly reflecting release of certain expense provisions related to the SCFF
matter, partially offset by higher Group-wide technology, risk and compliance
costs and increased cash accruals for compensation due to normalized deferral
levels
Pre-tax income down 75%
reflecting declining market levels, reduced client risk appetite and declining
activity levels
AuM down 9%
or CHF (44) bn, of which CHF (41) bn is due to market and FX effects
NNA of CHF (6.1) bn
with outflows across both traditional investments and alternative investments,
partially offset by inflows from investments and partnerships
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.
CREDIT SUISSEView entire presentation