The reason for the disappointment is clearly the higher- than-expected expenses.
The reason for the disappointment is clearly the higher- than-expected expenses.
This isn't really the way that investors want to see Credit Suisse boost profits.
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.
The results seem quite strong and the cost commitment is visible.
© 2020 Inspirational Stories
© 2020 Inspirational Stories