• Revenues declined by 42% to CHF4.4bn for Q1 22 compared to Q1 21
• Provisions for credit losses were income/releases of CHF110m for Q1 22 compared to a loss of CHF4.4bn for Q1 21
• Net result attributable to shareholders was a loss of CH273m for Q1 22 compared to a loss of CHF252m for Q1 21
• CS announced that three executive board members will step down
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Pre-tax loss of CHF428m for Q1 as previously warned
- Published:
27 Apr 2022 -
Author:
Dieter Hein -
Pages:
3
• Revenues declined by 42% to CHF4.4bn for Q1 22 compared to Q1 21
• Provisions for credit losses were income/releases of CHF110m for Q1 22 compared to a loss of CHF4.4bn for Q1 21
• Net result attributable to shareholders was a loss of CH273m for Q1 22 compared to a loss of CHF252m for Q1 21
• CS announced that three executive board members will step down