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credit-suisse Slides Q2 Results
The document summarizes Credit Suisse's quarterly results for Q2 2003. Key points include: - Credit Suisse Financial Services reported a net profit of CHF 829 million for Q2 2003, up 21% from Q1 2003, driven by improved results across all business segments. - Private Banking saw a 9% increase in operating income and improvement in cost/income ratio. Asset under management grew by CHF 37 billion. - Corporate & Retail Banking operating income was up 7% from previous quarter with a lower cost/income ratio of 64.8%. - Life & Pensions administration costs were down 17% from the prior year though gross premiums written declined 3
