UBS to Dispose of Riskiest Credit Suisse Loans to Asian Clients

UBS to Dispose of Riskiest Credit Suisse Loans to Asian Clients

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses UBS's handling of structured loans inherited from Credit Suisse, focusing on the APAC region. UBS aims to mitigate risks by winding down or selling high-risk loans. Credit Suisse's previous expansion in Southeast Asia attracted wealthy clients, but UBS is cautious about certain client relationships. The merger has led to the departure of key Credit Suisse wealth managers, particularly in Hong Kong, as UBS restructures its management team.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significance of Credit Suisse's decade-long push into Southeast Asia?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

Who are some of the prominent individuals that have left Credit Suisse following the merger?

Evaluate responses using AI:

OFF