Credit Suisse Board Backs CEO Thiam Ahead of Spy Scandal Decision

Credit Suisse Board Backs CEO Thiam Ahead of Spy Scandal Decision

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the tensions at Credit Suisse following the departure of Iqbal Khan to UBS, raising concerns about client poaching and state secrets. The board is reviewing the roles of senior executives, with CEO Pierre Olivier Bouee in the spotlight. Personal disputes between Khan and Tian are highlighted, affecting public perception. Legal ramifications are considered, with prosecutors involved and potential lawsuits looming. The board's investigation supports the CEO, but external legal actions could alter the situation.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main concern for Credit Suisse after Iqbal Khan left for UBS?

Decrease in stock value

Negative media coverage

Loss of key employees

Potential client poaching

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the nature of the relationship between Iqbal Khan and Tidjane Thiam?

Professional and cordial

Friendly and supportive

Strained and personal

Distant and indifferent

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the open secret in Zurich regarding Khan and Thiam?

They were starting a new company

They were close friends

They were planning a merger

They had a personal conflict

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role did the Credit Suisse board play in the investigation?

They supported Khan

They led the investigation

They ignored the issue

They dismissed the CEO

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could potentially happen if Iqbal Khan decides to take legal action?

The board might resign

Prosecutors might get involved

The CEO might be replaced

UBS might intervene