Video: Credit Suisse: What’s Next for the Crisis-hit Bank?
Channel: Financial Times
Synopsis:
Credit
Suisse has been unsettled by a number of setbacks, including
billion-dollar entanglements with bankrupt lenders and hedge funds,
large legal settlements and management upheaval.
The
Credit Suisse story is about how finance went wrong at one of
Switzerland’s most important institutions and one of the most important
banks in Europe. It’s a tale of high-profile scandals, from corporate
espionage to cocaine smugglers and oligarchs. But what does the future
hold for the venerable institution? Credit Suisse’s new chairman,
Financial Times reporters and banking industry experts explain it all.
Topics of the Video:
- The brand and the bank history
- Swiss bank secrecy laws
- Wealth management, asset management, investment bank, domestic bank
- Risk taking and scandals (governance vs risk)
- Regulators
- Bonuses and top management
- Future viability of the business
Read more at https://on.ft.com/3PrvpZe
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