Credit Suisse Outflows Climb to $88 Billion to Start 4Q

Credit Suisse is facing significant financial challenges, including a projected loss of up to 1.6 billion Swiss francs and substantial asset outflows. Shareholders are voting on a $4 billion capital raise to stabilize the bank, but face dilution concerns. The bank's future strategy focuses on private banking and wealth management, but trust issues persist due to large client outflows. The situation is compounded by a risk-taking culture that may have developed from avoiding a government bailout during the financial crisis.

How has the outflow of $90 billion at the end of the third quarter affected Credit Suisse's reputation?

What challenges does Credit Suisse face in regaining client trust?