Credit Suisse Mulls Resurrection of 'Bad Bank' Plan: FT

Credit Suisse is planning a significant restructuring to recover from losses and scandals. The bank may be divided into three parts: maintaining the advisory business, creating a 'bad bank' for risky assets, and selling the profitable securitized products business. The strategy aims to avoid raising capital and will be unveiled by the end of October, coinciding with the third quarter results. This marks the second strategy update within 11 months.

What is the primary purpose of creating a 'bad bank' for Credit Suisse?

• To merge with another bank

• To expand into new markets

• To hold risky assets

• To manage profitable assets

Which part of Credit Suisse's business is considered a strength and will remain?

• Retail banking

• Advisory business

• Risk management

• Securitized products

What is the significance of the securitized products business for Credit Suisse?

• It is being closed down

• It is a profitable business

• It is a new venture

• It is unrelated to the restructuring

When is Credit Suisse expected to unveil its new strategy?

• By the end of October

• By the end of September

• By the end of December

• By the end of November

How many strategy updates will Credit Suisse have within 11 months?

• One

• Four

• Three

• Two