Credit Suisse: Questions Still Cloud Bank Amid Spying Scandal

The transcript discusses the recent developments at Credit Suisse, including the resignation of the Chief Operating Officer amid an investigation into a surveillance operation. The investigation was brief and some data was missing, raising questions about the thoroughness of the inquiry. Credit Suisse aims to move past the issue, but legal investigations continue, particularly concerning the death of a middleman involved. The discussion also touches on the separation of powers between police and banks in Zurich, highlighting the interconnectedness of legal and financial sectors.

What was the impact of the Chief Operating Officer's resignation on Credit Suisse?

• It helped reduce negative publicity.

• It had no impact.

• It led to more resignations.

• It increased negative publicity.

What was a notable characteristic of the investigation into Credit Suisse?

• It involved multiple countries.

• It was conducted by an external agency.

• It lasted only one week.

• It was very thorough.

What is Credit Suisse's stance on the surveillance issue?

• They want to continue the investigation.

• They want to draw a line under it.

• They plan to sue the investigators.

• They deny any wrongdoing.

What is still being investigated by the police?

• The resignation of the COO.

• The surveillance operation.

• The death of the middleman.

• The financial status of Credit Suisse.

How are the police and elite banks described in terms of their relationship in Zurich?

• They are extremely connected.

• They have a decent separation of powers.

• They are completely independent.

• They frequently collaborate on investigations.