Ex-Credit Suisse Banker's $14M Brazilian Payday

The video discusses the departure of the ex-Credit Suisse head amid global job cuts and his connection to a corruption scandal involving his father, Sergio Machado. It highlights the controversy over his large paycheck during Brazil's recession and a past Credit Suisse deal. The video also explains how leaked documents from a corruption investigation brought these issues to light.

Who is the ex-Credit Suisse head of fixed income related to?

• A professional athlete

• A famous actor

• A politician turned oil executive

• A renowned scientist

What was the economic situation in Brazil during the time of the ex-banker’s large paycheck?

• Rapid growth

• Economic boom

• Stable economy

• Worst recession in a century

What was the estimated decline in investment banking fees last year?

• 40%

• 25%

• 50%

• 10%

What significant deal did Credit Suisse make in 2013?

• Partnered with a global bank

• Lent $1.3 billion to the state of Minnesota

• Acquired a major tech company

• Invested in renewable energy

How were the documents related to the corruption scandal released?

• Through a news leak

• By the Supreme Court

• In a public announcement

• Via a whistleblower