{ "docId": "019de073-1e30-72dc-aaad-86446d3fdd83", "docSlug": "ecaddaab80f935396d085472e55d5eaa", "documentTitle": "Credit Suisse | Results Presentation Deck | 25 slides", "authorId": "credit-suisse", "authorName": "Credit Suisse", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2022-07-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 4, "pageCount": 25, "prevPage": 3, "nextPage": 5, "slideType": "key_messages", "function": "summarize", "density": "overcrowded", "nDataPoints": 12, "notes": "The slide uses a 3x3 grid layout to categorize key performance and strategic updates.", "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de073-1e30-72dc-aaad-86446d3fdd83/4", "deckHref": "/decks/019de073-1e30-72dc-aaad-86446d3fdd83", "deckJsonHref": "/decks/019de073-1e30-72dc-aaad-86446d3fdd83.json", "deckAnchorHref": "/decks/019de073-1e30-72dc-aaad-86446d3fdd83#slide-4", "components": [ { "bbox": { "h": 0.05, "w": 0.7, "x": 0.05, "y": 0.92 }, "kind": "disclaimer", "text": "Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of this presentation for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures, including reconciliations. 1 Measured using adjusted operating expenses at constant 2021 FX rates", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f09f359b-db9e-4f27-8bf8-a754c7f9ac66", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.7, "w": 0.2, "x": 0.02, "y": 0.15 }, "kind": "list", "text": "Financials, Strategy, Risk, Litigation and Regulatory remediation", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "76def66b-780d-453f-a031-ef8b393504d9", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.2, "x": 0.5, "y": 0.65 }, "kind": "paragraph", "text": "Proactive approach to resolving legal cases; major litigation provisions of CHF (0.2) bn for SEC/CFTC communications recordkeeping matter and CHF (0.2) bn for previously disclosed legacy matters", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0ef28a01-be07-454c-8445-1d392f3d9e42", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.2, "x": 0.5, "y": 0.15 }, "kind": "paragraph", "text": "CHF (1.2) bn reported pre-tax loss including CHF (0.4) bn of major litigation provisions, CHF (0.2) bn of Allfunds-related losses and CHF (0.1) bn of restructuring charges", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "191836f9-c3a3-4078-b061-56b3174cdc83", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.2, "x": 0.72, "y": 0.65 }, "kind": "paragraph", "text": "Regulatory remediation: Continued progress on regulatory remediation supported by the Strategic Regulatory Remediation Committee set up to oversee delivery on our regulatory programs", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3780c87b-889a-438d-945f-474d00ab584c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.2, "x": 0.72, "y": 0.4 }, "kind": "paragraph", "text": "Third-party capital: Evaluating strategic options for our market leading Securitized Products business to attract third-party capital", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "469cebaa-4cb5-4dc1-9e8a-1556fc98c993", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.2, "x": 0.5, "y": 0.4 }, "kind": "paragraph", "text": "Comprehensive Group cost efficiency program: targeting absolute cost base of CHF <15.5 bn in the medium-term supported by broader cost efficiency and digital transformation plan", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6e31aa50-74d6-43fa-bfaf-01a59a67dba4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.2, "x": 0.28, "y": 0.4 }, "kind": "paragraph", "text": "Strategic pivot: Ongoing strategic review to further materially pivot to Wealth Management, Swiss Bank and Asset Management. Transformation of our Investment Bank towards a less complex, capital-light, advisory-led and connected model", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "701ce4b9-f37c-49e3-9314-1de6e0d67df6", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.2, "x": 0.72, "y": 0.15 }, "kind": "paragraph", "text": "13.5% CET1 ratio; 4.3% CET1 leverage ratio; 6.1% Tier 1 leverage ratio. Achieved USD >3 bn IB allocated capital reduction ambition", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8857b573-c498-4bcd-8037-0d7bce2272b7", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.2, "x": 0.28, "y": 0.65 }, "kind": "paragraph", "text": "Risk reduction: 7% YoY reduction in Group credit portfolio, including 15% reduction in NIG portfolio and 18% reduction in EM portfolio; >70% reduction in Russia net credit exposure since end of 2021", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b362f781-6d48-4d67-ae95-073d5447c80e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.2, "x": 0.28, "y": 0.15 }, "kind": "paragraph", "text": "CHF (0.4) bn adjusted pre-tax loss driven by USD (0.9) bn adjusted pre-tax loss in the Investment Bank", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f3803acc-c865-4e0e-99fc-3857927b1567", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.3, "x": 0.02, "y": 0.02 }, "kind": "title", "text": "2Q22 key messages", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c8aea39d-47fa-4454-99ef-0e5aea81cc53", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Action Titles", "slug": "action-titles", "agent": "Architect", "layer": "slide", "matchId": "f4ee462f-6bb5-4772-944d-bf825cfdee42", "evidence": "paragraph/paragraph: Strategic pivot: Ongoing strategic review to further materially pivot to Wealth Management, Swiss Bank and Asset Management.", "confidence": 0.8 }, { "name": "Audience Definition", "slug": "audience-definition", "agent": "Storyteller", "layer": "slide", "matchId": "695ec9bb-06ad-478d-aa1e-7635ed77ef00", "evidence": "disclaimer: Note: Results excluding certain items in our reported results are non-GAAP financial measures.", "confidence": 0.7 } ], "frameworks": [], "arcBeats": [ { "to": 4, "from": 1, "beatId": "7973737e-98ae-401c-a878-5558aa9ed278", "arcName": "Monroe's Motivated Sequence", "arcSlug": "monroes-sequence", "beatName": "Attention", "beatSlug": "monroes-sequence-attention", "evidence": "The deck starts with a cover page and disclaimers, followed by key messages and an overview of the company's performance.", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }