2021 Investor Day
Reduce Investment Bank capital by ~25% by 2022; invest in
Advisory, Capital Markets, Credit and GTS
Key actions...
Exit Prime Services¹
...to release USD >3 bn of capital 2 over 2021-2022...
Allocated capital²
in USD bn
~(25)%
14.6
~13.0-13.53
13.0
~11
...fund growth initiatives
Invest and build share
in capital-light Investment
Banking & Capital Markets
businesses
Optimize Corporate
Drive market-leading
Securitized Products
and Credit solutions
Bank exposure to
align our risk
2020
appetite to our
strategic focus areas
Reduce GTS
businesses without
a strong Wealth
Management nexus
3Q21
2022
Aspiration
2024
Aspiration
IB reshaping
estimated impact 2022 vs. 2021
Prime Services exit
Lower revenues
Lower OpEx
USD ~(0.6) bn USD ~(0.4) bn
USD >3 bn of capital release²
Write-down of CHF 1.6 bn of
Investment Bank goodwill in 4Q21
Note: Historical information presented according to the new divisional structure is a preliminary estimate based on management accounts and subject to change
+ RORC is a non-GAAP financial measure, see Appendix. Based on average of 13.5% RWA and 4.25% Leverage
RoRC+,4
>12%
Remain at
50% capital²
of WM, SB,
AM
Deliver differentiated
cross-asset structured
products solutions via
a Wealth Management
focused GTS
Support Wealth
Management and ECM
with a focused, capital-
light Cash Equities
platform
1 With the exception of Index Access and APAC Delta One 2 Based on the avg. of 13.5% of RWA and 4.25% of Leverage Exposure 3 Assumes impact of Basel 3 reforms of USD 1.0-1.5 bn on 1/1/24 4 On an adj. excl. significant items basis
CREDIT SUISSE
2021 Investor Day
November 4, 2021
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