...May 26, 2020 - Under our base case of an economic recovery starting in third-quarter 2020, through year-end 2020, and into 2021, we expect Credit Suisse Group's earnings, asset quality, and capitalization to face greater pressure than previously envisaged but capital to remain resilient, reflecting the comfortable capital buffer and high share of activities with structurally low credit risk. - We are affirming our 'A+' long-term issuer credit ratings on the lead operating bank Credit Suisse AG and the group's other core operating subsidiaries, and our '###+' long-term issuer credit rating on nonoperating holding company Credit Suisse Group AG. - The stable outlook on all rated entities in the group reflects our view that its franchise in global wealth management and domestic corporate and retail banking will continue to support earnings and, together with the strong capital base, sufficiently buffer against downside risks in the coming 12-24 months, including weakened operating conditions...
