Credit Suisse Breached Rules in Greensill Case

Credit Suisse Breached Rules in Greensill Case

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses FINMA's limited actions against Credit Suisse, which faces no fines but must improve compliance and risk management. The CEO welcomes the probe's conclusion, but enforcement proceedings against former managers and ongoing litigation, such as the GREENSILL affair, suggest continued challenges for the bank.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main consequence for Credit Suisse following the FINMA investigation?

A large financial penalty

Mandatory compliance and risk management improvements

Closure of the bank

A public apology

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the CEO of Credit Suisse think about the conclusion of the probe?

He plans to appeal the decision

He welcomes the conclusion

He is disappointed with the outcome

He is indifferent to the results

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the next step following the conclusion of the probe?

The bank will receive a fine

The bank will be sold

The bank will merge with another institution

Enforcement proceedings against former managers

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What ongoing issue is expected to keep Credit Suisse in the headlines?

A new merger

The Greensill affair litigation

A change in leadership

A new product launch

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where is the litigation over the Greensill affair taking place?

Only in Switzerland

Only in the United States

Only in the UK

In the UK, Switzerland, and elsewhere