The bank’s issuance and sales in Europe have decreased since the beginning of 2020.
Credit Suisse issued 113 products with estimated sales of €45m in Europe during the fourth quarter of 2020, significantly down from 324 products worth €360m in the prior year period, according to SRP data. Sales volumes and issuance gradually decreased throughout 2020, reaching a low in Q4 20. The bank had already suffered a steep fall between the second and third quarters of 2020, when sales went down from €368.7m (from 355 products) to €107.3m (from 183 products).
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