Credit Suisse (CS) released kind of preliminary Q3 15 figures. Net revenues were down by 8% to CHF5.98bn for Q3 15 compared to Q3 14. Total operating expenses decreased by 3% to CHF5.02bn for Q3 15. Net income attributable to shareholders declined by 24% to CHF779m for Q3 15. RoE was 7.1% for Q3 15 compared to 9.7% for Q3 14. Assets under management were down by 4.6% to CHF1,294bn in Q3 15 despite net new money inflows of CHF16.4bn. Credit Suisse’s fully applied Basel III common equity
21 Oct 2015
Weaker Q3 figures, two capital increases and a new structure
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Weaker Q3 figures, two capital increases and a new structure
- Published:
21 Oct 2015 -
Author:
Dieter Hein -
Pages:
3
Credit Suisse (CS) released kind of preliminary Q3 15 figures. Net revenues were down by 8% to CHF5.98bn for Q3 15 compared to Q3 14. Total operating expenses decreased by 3% to CHF5.02bn for Q3 15. Net income attributable to shareholders declined by 24% to CHF779m for Q3 15. RoE was 7.1% for Q3 15 compared to 9.7% for Q3 14. Assets under management were down by 4.6% to CHF1,294bn in Q3 15 despite net new money inflows of CHF16.4bn. Credit Suisse’s fully applied Basel III common equity