BRIEF-Credit Suisse CEO: 10-11% RoTE won't be achieved if 2019 revenues not flat [Reuters]
Credit Suisse Group American Depositary Shares (CS)
US:NYSE Investor Relations:
credit-suisse.com/corporate/en/investor-relations.html
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Source: Reuters
BRIEF-Credit Suisse CEO: 10-11% RoTE won't be achieved if 2019 revenues not flat - Reuters 2 Min Read July 31 (Reuters) - Credit Suisse Group AG: * CREDIT SUISSE CEO SAYS BANK SUFFERING FROM STRONG SWISS FRANC * CREDIT SUISSE CEO: LOOKING AT PARTNERSHIPS AND OTHER OPPORTUNITIES TO ENTER AND GROW PRIVATE BANKING IN SOUTH KOREA * CREDIT SUISSE CEO SAYS STILL VERY EARLY TO ANALYSE IMPLICATIONS OF SWISS SUPREME COURT VERDICT ON SHARING UBS CLIENT DATA WITH FRANCE; CS HAS ZERO-TOLERANCE POLICY ON TAX EVASION * CREDIT SUISSE CEO SAYS 2019 GUIDANCE FOR 10-11% ROTE; BANK VERY EXPLICITLY SAID THIS IS BASED ON ASSUMPTION OF FLAT YEAR-ON-YEAR REVENUE * CREDIT SUISSE CEO SAYS IF REVENUES ARE NOT FLAT YEAR-ON-YEAR, THEN 10-11% ROTE WILL NOT BE ACHIEVED * CREDIT SUISSE CEO SAYS WE ARE NOT GOING TO RESTRUCTURE IBCM DIVISION BECAUSE OF TWO DIFFICULT QUARTERS * CREDIT SUISSE CEO SAYS WE ARE INVESTING AND RECRUITING IN INVESTMENT BANKING & CAPITAL MARKETS DIVISION * CEO SAYS CREDIT SUISSE CONSIDERING M
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