• Revenues declined by 30% to CHF3.8bn for Q3 22 compared to Q3 21
• Total operating expenses were down by 10% to CHF4.1bn for Q3 22
• The net result attributable to shareholders was a loss of CHF4.0bn for Q3 22
• CS announced a new strategy and transformation plan

27 Oct 2022
Disastrous net loss for Q3 22 due to DTA impairment

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Disastrous net loss for Q3 22 due to DTA impairment
• Revenues declined by 30% to CHF3.8bn for Q3 22 compared to Q3 21
• Total operating expenses were down by 10% to CHF4.1bn for Q3 22
• The net result attributable to shareholders was a loss of CHF4.0bn for Q3 22
• CS announced a new strategy and transformation plan