Credit Suisse : Q3 2022e with continued burden from IB operations
>We forecast Q3 2022 pre-tax loss of CHF 436m for the group - Credit Suisse is due to report Q3 2022 results on 27 November and is expected to communicate far-reaching measures to reshape the bank with a focus on its IB operations. We forecast for the group a pre-tax loss of CHF 436m (consensus pre-tax loss estimate CHF 432m) for the quarter. IB operations might have been once more a substantial negative drag on earnings. We forecast a pre-tax loss of CHF 629m (consen...Credit Suisse is a financial services provider based in Switzerland. Co. is active as an integrated bank. Co. operates through two global divisions, Private Banking and Corporate & Institutional Banking. Co. offers comprehensive advice and a broad range of financial solutions to private, corporate and institutional clients primarily domiciled in Switzerland. Co. maintains operations in three regionally focused divisions: Swiss Universal Bank, Asia Pacific and International Wealth Management serving Western Europe, Central and Eastern Europe, Latin America and Africa.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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