The reason for the disappointment is clearly the higher- than-expected expenses.
More Quotes from Javier Lodeiro:
The numbers aren't good at all, especially because of the costs. Even without what was recently disclosed, investment banking, wealth and. Asset management and even non-life insurance looks heavy on costs.Javier Lodeiro
This isn't really the way that investors want to see Credit Suisse boost profits.
Javier Lodeiro
The results seem quite strong and the cost commitment is visible.
Javier Lodeiro
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Based on Topics: Disappointment QuotesBased on Keywords: higher-, than-expected
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