Credit Suisse : Favourable strategic bias
>A 2019 RoTE of 10% requires favourable market conditions - Credit Suisse thinks that it will be able to achieve a 10% RoTE in 2019 assuming revenue stabilisation vs 2018. According to Crédit Suisse, this would correspond to net profit of around CHF 4.0- 4.4m. In H1, RoTE reached 8.8% for net profit of CHF 1.7bn. We are forecasting RoTE of 9.5% for net profit of € 3.7bn, assuming a +3.8% increase in revenues over 2019. We therefore believe that achieving a RoTE of 10%...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.