OREANDA-NEWS. Impact of specific items, largely non tax-deductible, totaling EUR 7.6 billion, comprising:
  • Revenue impact of EUR 649 million from impairment of the 19.99% stake in Hua Xia Bank
  • Noninterest expense impact of EUR 7.0 billion: impairment of goodwill and other intangible assets of EUR 5.8 billion
  • Litigation charges of EUR 1.2 billion

Before goodwill/intangibles impairment, costs down by EUR 322 million FX adjusted
Litigation reserves increased by EUR 1 billion to EUR 4.8 billion
CET1 ratio of 11.5% includes introduction of Prudent Valuation (PruVal)
RWA reduced by EUR 8 billion to EUR 408 billion vs. 2Q2015