UBS Results Presentation Deck slide image

UBS Results Presentation Deck

Credit Suisse adjusted 2Q23 results (CHF, US GAAP) Corporate Center Adjusted net revenues CHF m A% QOQ WM 802 (10%) Adjusted operating expenses CHF m A% QOQ 948 (4%) Adjusted pre-tax income / (loss) CHF m (167) SB 925 (5%) 620 0% 224 AM 251 +34% 222 +4% 28 IB 220 (78%) 1,116 (15%) (907) CRU (55) (86%) 515 (19%) (589) (453) n/m 157 (23%) (611) Driven by ELA+ and PLB funding costs (in net revenues) 2Q23 Credit Suisse sub-group¹ 1,690 (38%) 3,578 (10%) (2,022) Credit Suisse AG adjusted: (2,085m)² Significant revenue attrition QoQ, mostly in the Investment Bank with core divisions more resilient Elevated funding costs from ELA+ and PLB reflected in Corporate Center Costs decreased QoQ, but not fast enough to offset IB revenue declines Refer to Credit Suisse AG 2Q23 release for reconciliation from adjusted to reported results; 1 Credit Suisse AG and its consolidated subsidiaries, Credit Suisse Services AG and other small former Credit UBS Suisse Group entities now directly held by UBS Group AG; 2 Credit Suisse AG and its consolidated subsidiaries 28
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