Investment Banking Press Release

Press Release

Publication of restated historical financial information

Credit Suisse today published its historical financial information, which has been restated to reflect the updated divisional and reporting structures as announced on March 18, 2021.

Today’s announcement follows Credit Suisse Group’s decision to amend the structure of its International Wealth Management (IWM) division, which was announced on March 18, 2021. This change resulted in the separation of Asset Management (AM) from IWM, establishing it as a standalone division under the leadership of Ulrich Körner, CEO Asset Management, effective April 1, 2021.

From Credit Suisse’s 2Q21 and 1H21 results, scheduled for release on July 29, 2021, Credit Suisse’s financial reporting will be presented as five reporting segments. This will consist of five divisions - Swiss Universal Bank, International Wealth Management, Asia Pacific, Asset Management and the Investment Bank, as well as the Corporate Center. Each of these five divisions will continue to be supported by our centralized Corporate Functions.

The restated historical financial information provides comparable data for recent reporting periods, reflecting the historical performance, headcount and assets under management under the updated divisional structure. This change does not impact any performance measures in the consolidated results of Credit Suisse at the Group level.

A spreadsheet, providing the restated historical financial information, for the first quarter of 2021, all quarters of 2020 and 2019, and the full years of 2018 and 2017 is available to analysts and stakeholders to download from 07.00 a.m. CEST today at: