Credit Suisse Unloads Stocks Tied to Archegos Collapse

The transcript discusses the impact of block trades linked to Archegos, highlighting Credit Suisse's significant losses and management changes. It mentions the bank's plans to update investors on losses and potential management replacements. The discussion also touches on systemic risk concerns at Credit Suisse, following issues with Greensill.

What was the approximate value of shares involved in the latest offering from Credit Suisse related to Archegos?

• 10 billion

• 5 billion

• 2 billion

• 1 billion

Which key position at Credit Suisse was expected to see a departure due to the Archegos losses?

• CEO

• Chief Risk Officer

• Investment Chief

• Chief Financial Officer

Who was considered safe in their position at Credit Suisse despite the management shake-up?

• Brian Shin

• Laura Warner

• Thomas Gottstein

• David Miller

What previous issue did Credit Suisse face that compounded the impact of the Archegos collapse?

• Lehman Brothers collapse

• Dot-com bubble

• Greensill fund freeze

• Enron scandal

What systemic concern did analysts raise about Credit Suisse following the Archegos and Greensill issues?

• Liquidity problems

• Risk management issues

• Market share loss

• Regulatory compliance