03/11/2016 08:48
Cost/income, jumped at 94,9%; Cet1 at 12%
(Il Sole 24 Ore Radiocor Plus) – Roma, 03 nov – the Credit
Suisse stores in the third quarter with a net profit of 41
millions of francs, a decrease of 95% compared to 779 million
of francs in the same period of 2015. In a context of
difficult market, revenues fall by 10% to 5.39 billion
francs. The adjusted pre-tax profit of the banking group
the swiss, which grew 13% to 327 million. The assets under management in the
quarter grow to 9.2 billion. Credit Suisse declares a
Cet1 ratio of 12%. The quarter takes into account a
gain of 346 million francs for the sale of
property, either of provisions for litigation amounting to 357
million.
Credit Suisse, in a note says he was kept in
period of the attention on the reduction of the cost basis, but
in the meantime, records a jump in the cost/income ratio to 94.9% in
quarter (aga inst 83.9% in the third year 2015).
For several quarters to come the activities will be still
affected by uncertainty at a macro-level and geopolitical and
the situation remains challenging’ comments in the note on the
conti, the chief executive officer Tidjane Thiam.
com-Ggz
(RADIOCOR) 03-11-16 08:47:56 (0144) 3 NNNN
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