Credit Suisse Group AG (CS) Q1 2017 Results - Earnings Call Transcript

Apr. 26, 2017 11:28 AM ETCredit Suisse Group AG (CS)
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Credit Suisse Group AG (NYSE:CS) Q1 2017 Earnings Call April 26, 2017 2:15 AM ET


Adam Gishen - Credit Suisse Group AG

Tidjane Thiam - Credit Suisse Group AG

David R. Mathers - Credit Suisse Group AG


Magdalena L. Stoklosa - Morgan Stanley & Co. International Plc

Andrew P. Coombs - Citigroup Global Markets Ltd.

Kinner Lakhani - Deutsche Bank AG


Good morning, this is the Conference Operator. Welcome, and thank you for joining the Credit Suisse Group's First Quarter 2017 Results Conference Call.

As a reminder, all participants are in a listen-only mode and the conference is recorded.

At this time, I would like to turn the conference over to Mr. Adam Gishen, Head of Investor Relations of Credit Suisse. Please go ahead, Mr. Gishen.

Adam Gishen - Credit Suisse Group AG

Good morning, and welcome to the first quarter 2017 results call. Before we begin, let me remind you of the important precautionary statements on slide 2, including the statements on non-U.S. GAAP measures and Basel III disclosures.

With that, I will turn it over to our CEO, Tidjane Thiam.

Tidjane Thiam - Credit Suisse Group AG

Thank you, Adam, and good morning, everyone. Thank you for joining this call. With me today is David Mathers, our Chief Financial Officer.

This morning, we will present our first quarter 2017 results for Credit Suisse. We will also provide you with more information on the execution of our capital plan. David and I both look forward to taking your questions at the end of the session.

We show here our Group reported on the left and adjusted on the right pre-tax income, as well as other key capital metrics, CET1 leverage, and the format that you are familiar with by now. So with that, I'll start with our key messages this morning

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