Credit Suisse Results Presentation Deck
Significant markets impact on our Investment Bank and
Wealth Management while Swiss Bank remained resilient
Adjusted PTI
2022 commentary
6
WM
in CHF mn
IB
in USD mn
SB
in CHF mn
AM
in CHF mn
CC
in CHF mn
2Q21
432
663
448
122
1Q22
o/w Russia (99)
o/w AFG¹ (34)
o/w SCFF fee waiver (27) o/w AFG¹ (21)
212
114
o/w Russia (101)
(55)
385
51
2Q22
o/w Asset impairments (55)²
o/w SCFF fee waiver (24)
o/w LevFin MtM (245)
(860)
402
31
(165)
■
■
▪ Net inflows in APAC and Americas offset by outflows in EMEA and Switzerland; 1H22 NNA of
CHF 3.4 bn (including CHF 1.9 bn of Russia-related outflows)
I
Improving NII from higher rates offset by lower recurring fees and transaction-based revenues
Continued investments in relationship managers, Group-wide technology, risk and compliance and in
business growth including China resulting in 18% higher operating expenses
■
Capital Markets revenues impacted by substantially lower ECM, Leveraged Finance market activity
and Leveraged Finance mark-to-market losses
Higher Advisory revenues and strong Equity Derivatives and Macro trading
Net revenues up 3% across all major revenue lines, offset by normalized provisions for credit losses
and higher operating expenses from increased deferred compensation, investments and marketing
expenses; RoRC+ at 12%
PTI adversely impacted by a challenging market environment, partially offset by lower operating
expenses reflecting the release of certain expense provisions related to the SCFF matter
Net asset outflows across both traditional and alternative investments, partially offset by inflows from
investments and partnerships
Pre-tax losses decreased mostly due to lower operating expenses, notwithstanding volatile interest rate
environment
(296)
(297)
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 Includes MtM losses in APAC Financing 2 Includes CHF (38) mn write-off of certain
IT-related assets and CHF (17) mn impairments relating to certain third-party assets
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