Credit Suisse Taking `Right Lessons' From Archegos: CEO

Credit Suisse Taking `Right Lessons' From Archegos: CEO

Assessment

Interactive Video

Business

University

Hard

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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.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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