XML 157 R125.htm IDEA: XBRL DOCUMENT v3.22.2
Share-based awards (Details 3) - CHF (SFr)
SFr / shares in Units, shares in Millions, SFr in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2022
Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Total estimated unrecognized compensation expense SFr 2,316 SFr 2,316  
Strategic Delivery Plan      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Total estimated unrecognized compensation expense 436 436  
Performance shares | Performance share awards      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Total estimated unrecognized compensation expense SFr 173 SFr 173  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]      
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Beginning Balance 90.0 77.2  
Granted (in shares) 0.0 19.1  
Settled (in shares) (25.1) (30.2)  
Forfeited (in shares) (0.6) (1.8)  
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Ending Balance 64.3 64.3  
of which vested (in shares) 10.6 10.6 10.6
of which unvested (in shares) 53.7 53.7 53.7
Stock compensation plan | Share awards      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Vesting period 3 years    
Total estimated unrecognized compensation expense SFr 385 SFr 385  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]      
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Beginning Balance 170.8 143.8  
Granted (in shares) 4.7 39.2  
Settled (in shares) (45.2) (50.0)  
Forfeited (in shares) (2.5) (5.2)  
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Ending Balance 127.8 127.8  
of which vested (in shares) 17.6 17.6 17.6
of which unvested (in shares) 110.2 110.2 110.2
Stock compensation plan | Strategic Delivery Plan      
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]      
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Beginning Balance 62.6 0.0  
Granted (in shares) 0.0 62.6  
Settled (in shares) 0.0 0.0  
Forfeited (in shares) (0.5) (0.5)  
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Ending Balance 62.1 62.1  
of which vested (in shares) 1.1 1.1 1.1
of which unvested (in shares) 61.0 61.0 61.0
Bank      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Total estimated unrecognized compensation expense SFr 2,227 SFr 2,227  
Bank | Strategic Delivery Plan      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Total estimated unrecognized compensation expense 413 SFr 413  
Bank | Performance shares | Performance share awards      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award   In 6M22, the Bank granted 18.3 million performance share awards at a weighted-average share price of CHF 8.36. Performance share awards are similar to share awards, except that the full balance of outstanding performance share awards, including those awarded in prior years, are subject to performance-based malus provisions.  
Total estimated unrecognized compensation expense SFr 165 SFr 165  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]      
Weighted-average grant-date fair value - Granted (in CHF per share)   SFr 8.36  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]      
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Beginning Balance   73.8  
Granted (in shares)   18.3  
Settled (in shares)   (29.0)  
Forfeited (in shares)   (1.8)  
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Ending Balance 61.3 61.3  
of which vested (in shares) 9.9 9.9  
of which unvested (in shares) 51.4 51.4  
Bank | Stock compensation plan | Share awards      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award   In 6M22, the Bank granted 36.3 million share awards at a weighted-average share price of CHF 8.19. Each share award granted entitles the holder of the award to receive one Group share, subject to service conditions. Share awards vest over three years with one third of the share awards vesting on each of the three anniversaries of the grant date (ratable vesting), with the exception of awards granted to individuals classified as material risk takers (MRTs), risk managers MRTs or senior managers or equivalent under the EU or UK Capital Requirements Directive V related provisions. As of February 2022, share awards granted to MRTs vest over four years with one quarter of the award vesting on each of the four anniversaries of the grant date. Share awards granted to risk manager MRTs vest over five years with one fifth of the award vesting on each of the five anniversaries of the grant date. Share awards granted to senior managers vest over seven years, with one fifth of the award vesting on each of the third to seventh anniversaries of the grant date. Share awards are expensed over the service period of the awards.  
Vesting period   3 years  
Total estimated unrecognized compensation expense SFr 369 SFr 369  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]      
Weighted-average grant-date fair value - Granted (in CHF per share)   SFr 8.19  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]      
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Beginning Balance   135.3  
Granted (in shares)   36.3  
Settled (in shares)   (47.0)  
Forfeited (in shares)   (5.3)  
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Ending Balance 119.3 119.3  
of which vested (in shares) 15.6 15.6  
of which unvested (in shares) 103.7 103.7  
Bank | Stock compensation plan | Share awards | UK PRA staff or similuar regulations, Risk takers      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Vesting period   4 years  
Bank | Stock compensation plan | Share awards | UK PRA staff or similuar regulations, Senior managemement      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Vesting period   7 years  
Bank | Stock compensation plan | Share awards | Risk manager MRTs      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Vesting period   5 years  
Bank | Stock compensation plan | Strategic Delivery Plan      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award   In 6M22, the Bank granted 59.4 million SDP deferred share-based awards at a weighted-average share price of CHF 8.50 to most managing directors and directors to incentivize the longer-term delivery of the Group’s strategic plan. Each SDP share award granted entitles the holder of the award to receive one Group share, subject to service conditions and performance-based metrics over the course of 2022-2024. SDP awards are scheduled to vest on the third anniversary of the grant date, with the exception of awards granted to individuals classified as MRTs, risk manager MRTs or senior managers or equivalents under the EU or UK Capital Requirements Directive V related provisions. SDP awards granted to MRTs vest in equal annual installments over two years, commencing on the third anniversary from the grant date. SDP awards granted to risk manager MRTs vest in equal annual installments over three years, while SDP awards granted to senior managers vest in equal annual installments over five years, both commencing on the third anniversary from the grant date. In addition, the Compensation Committee will review and assess the overall success of the delivery of the strategic plan at a Group level over the three-year period (2022-2024) and may increase the SDP awards up to a maximum of 50% of the initial award amount.  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]      
Weighted-average grant-date fair value - Granted (in CHF per share)   SFr 8.50  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]      
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Beginning Balance   0.0  
Granted (in shares)   59.4  
Settled (in shares)   0.0  
Forfeited (in shares)   (0.6)  
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Ending Balance 58.8 58.8  
of which vested (in shares) 1.0 1.0  
of which unvested (in shares) 57.8 57.8  
Bank | Stock compensation plan | Strategic Delivery Plan | Cliff vesting [Member]      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Vesting period   3 years