Credit Suisse CEO Says Bank Will Rise 'Like a Phoenix'

Credit Suisse CEO Says Bank Will Rise 'Like a Phoenix'

Assessment

Interactive Video

Business

University

Hard

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the CEO of Credit Suisse attempting to do in response to market turbulence?

Increase interest rates

Announce a merger

Reassure investors

Sell company assets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What financial issues are exacerbating Credit Suisse's situation?

Decreasing funding costs

Rising funding costs and deteriorating revenue

Increasing market share

Stable revenue streams

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the situation of Credit Suisse compare to Deutsche Bank in 2016?

Credit Suisse is in a better position

Deutsche Bank was not affected by market issues

Both faced market panic over widening CDS

Deutsche Bank had higher capital ratios

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What metaphor did the CEO of Credit Suisse use to describe the bank's future?

A Phoenix rising from the ashes

A sinking ship

A stable fortress

A rising star

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategic move have trading clients made since the Archegos incident?

Increased investments in Credit Suisse

Diversified to banks with higher credit ratings

Stopped trading altogether

Focused solely on European banks