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  "documentTitle": "Credit Suisse | Investor Event Presentation Deck | 43 slides",
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  "presentationDate": "2022-10-01 00:00:00",
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  "notes": "The slide uses a waterfall-style logic to show the reduction from 2022 guidance to 2025 target.",
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      "text": "Actions already mandated represent 2/3rd of 2023 savings: 2,700 FTE reduction or 5% of FTE base already underway; 50% reduction on consultancy spend initiated in 2H22; 30% reduction in contractor spend initiated in 2H22; On track for estimated CHF 200 mn technology and operations exit cost savings in 2022",
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      "text": "1 Adjusted operating expenses at constant 2022 FX rates and on constant perimeter, before impact of Securitized Products transaction and other divestments 2 Estimates and assumptions are based on currently available information and beliefs, expectations and opinions of management and include all known facts and decisions as of today. Actual results may differ",
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