Credit Suisse Taking `Right Lessons' From Archegos: CEO

The transcript discusses the financial impact of the Archegos scandal on Credit Suisse, highlighting significant charges and the bank's strong investment banking performance. It covers risk management strategies, including asset reduction and strategic reviews, emphasizing the core role of investment banking. The transcript also details a risk review report, identifying failures and improvements in risk management. Finally, it addresses management losses and staff retention strategies, noting industry-wide turnover trends and recruitment efforts.

What was the overall impact of the Archegos scandal on Credit Suisse's financials?

How much did Credit Suisse report in archegos charges for the second quarter?

What actions did Credit Suisse take to reduce risk weighted assets and leverage exposure?

What is the strategic review that Credit Suisse is conducting about?

What were the main failures identified in the risk management of Credit Suisse?

How has Credit Suisse responded to the management losses in the investment banking sector?

In what ways is Credit Suisse investing in its investment banking business?