Credit Suisse CEO on Capital Raising, Archegos, Greensill

The transcript discusses Credit Suisse's response to the Archegos fallout and Greensill Capital situation. It outlines measures taken to mitigate risks, including capital raising and risk reduction strategies. The company is conducting investigations and reviewing risk parameters, with no immediate personnel changes expected. Future strategies focus on strengthening wealth management and investment banking, with ongoing dialogue with regulators. The company aims to maintain a strong capital base to support business growth.

What was one of the key actions taken by Credit Suisse to address the Archegos fallout?

• Expanding into new markets

• Reducing employee salaries

• Acquiring a new company

• Issuing a mandatory convertible bond

What is Credit Suisse's plan to reduce risk in their prime brokerage business?

• Reduce leverage exposure by $35 billion

• Expand into new regions

• Hire more staff

• Increase leverage exposure

How much cash has Credit Suisse recouped from Greensill Capital?

• $10 billion

• $2 billion

• $7 billion

• $5.4 billion

Who has been appointed as the interim Chief Risk Officer at Credit Suisse?

• Lara Warner

• Joe Explained

• Thomas Gottstein

• David Mathers

What has been Credit Suisse's track record in terms of credit provisions over the last 11 years?

• Strong and consistent

• Weak and inconsistent

• Moderate with some fluctuations

• Unpredictable

What is one of the strategic priorities for Credit Suisse with the new chairman?

• To sell off major assets

• To close down the wealth management division

• To focus on running the business and ensuring stability

• To increase risk exposure

What is Credit Suisse's strategy in wealth management and investment banking?

• To focus solely on retail banking

• To merge with another major bank

• To exit the investment banking sector

• To become a leader in wealth management with strong investment banking capabilities