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DRCM

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AcronymDefinition
DRCMDillon Read Capital Management (United Bank of Scotland; UK)
DRCMDarlington Railway Centre and Museum (Darlington, England, UK)
DRCMDynamic Resource Configuration Manager
DRCMDigital Reality Creation MultiFunction (Sony)
DRCMDirect Response Call Management
dRCMDefatted and Sterilized Rich Coconut Media (food science)


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Excluding the gain from the sale of the Julius Baer stake and DRCM closure costs in second quarter, net attributable profit would have been CHF 6,016 million compared with CHF 8,349 million a year earlier.
Professional fees rose due to the closure costs related to DRCM and higher legal fees.
Performance was driven by revenue growth in all businesses, despite negative trading revenues from the Investment Bank's proprietary capital managed by DRCM of approximately CHF 150 million in the context of difficult market conditions in US mortgage securities.
 
 
 
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