Report
Steven Gould

Credit Suisse : Real strategic appeal but subject to market vagaries

>RoTE 2019 = 10% … subject to a stabilisation of revenues vs 2018 - The road show that we organised again clarified what Credit Suisse means by a 10% RoTE “target” for 2019: instead of a “target” in the strict sense, it is an estimate of what CS can achieve if 2019 revenues are stable relative to 2018. CS emphasised that this is not a commitment to achieve a RoTE of 10% irrespective of market conditions.Our contacts with investors suggest that this position is no...
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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