Credit Suisse Exits Distressed-Debt Trading as Bank Cuts Risk

Credit Suisse is currently facing financial challenges, with a significant reduction in its investment positions compared to a decade ago. The bank is focusing on exiting risky, capital-intensive areas to concentrate on wealth management and core investment banking. Despite a drop in stock value and investor skepticism, there is hope for a turnaround, similar to Deutsche Bank's recovery. Credit Suisse's long-standing brand presence in Switzerland is a potential asset in overcoming current difficulties.

What strategic shift is Credit Suisse making to reassure its investors?

• Increasing its real estate investments

• Entering new markets in Asia

• Expanding its distressed asset portfolio

• Focusing on wealth management and core investment banking

What is Credit Suisse doing with a part of its investment bank?

• Expanding it into new markets

• Carving it out under the Credit Suisse First Boston name

• Merging it with another bank

• Shutting it down completely

What is the main goal for Credit Suisse's wealth management business?

• To increase its real estate holdings

• To merge with another wealth management firm

• To stabilize and win back client assets

• To expand into cryptocurrency

How is Credit Suisse currently perceived in the global banking space?

• As a rapidly growing bank

• As a problem story

• As a stable and reliable bank

• As a leading innovator

What gives hope for Credit Suisse's potential turnaround?

• Its recent acquisition of a tech company

• Its expansion into new markets

• Its partnership with a major competitor

• Its long-standing brand power and focus on execution