• Net result attributable to shareholders was a loss of CHF1.4bn for Q4 22 (CHF7.3bn for 2022) compared to a loss of CHF2.1bn for Q4 21 (CHF1.65bn for 2021)
• Net new money outflow was CHF123bn for 2022 compared to an inflow of CHF31bn for 2021. The outflow in Q4 22 was CHF111bn.
• Credit Suisse acquires the Klein Group for a purchase price of $175m, the investment banking business of Michael Klein, the designated CEO of CS First Boston
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Again bad Q4 22 figures, again a profit warning for FY2023
- Published:
09 Feb 2023 -
Author:
Dieter Hein -
Pages:
3
• Net result attributable to shareholders was a loss of CHF1.4bn for Q4 22 (CHF7.3bn for 2022) compared to a loss of CHF2.1bn for Q4 21 (CHF1.65bn for 2021)
• Net new money outflow was CHF123bn for 2022 compared to an inflow of CHF31bn for 2021. The outflow in Q4 22 was CHF111bn.
• Credit Suisse acquires the Klein Group for a purchase price of $175m, the investment banking business of Michael Klein, the designated CEO of CS First Boston