Report
Steven Gould

Credit Suisse : L’insuffisance de rentabilité des métiers CIB reste un facteur de risque

>Conclusion – Rentabilité insuffisante malgré le redressement à venir - Le changement de management relativise l’importance des résultats T4 2019. Cependant, ils mettent en évidence l’insuffisance de rentabilité du groupe. Après ajustement de tous les produits et charges non récurrents, le RoTE était de 7.6%. Le Cost / Income 2019 sous-jacent est proche de 78%. et encore 73.5% hors Corporate Center. Certes, le RoTE sous-jacent pourrait atteindre 10% en 2020 mais l’amé...
Underlying
CREDIT SUISSE GROUP AG

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Steven Gould

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