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 #banking #creditsuisse #finance #lender #Switzerland #ubs #zurich #scandal #spygate #tidjanethiam #axellehmann #thomasgottstein #banks #morganstanley #spying #oligarchs #covid #lockdown #antoniohortaosorio, #coronavirus #archegosgreensill #markets #bonds #investing #investmentbanks #investment #money #scandals
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