Credit Suisse May Turn to Bonds to Reduce Bank Risk

The video discusses the CEO's interest in cat bonds to manage risks like earthquakes and cybercrime. It highlights operational risks outside bank control and investor concerns about banking industry stability. The discussion covers market psychology, past rogue trader losses, and future cybercrime risks. It also explores incentivizing bonuses and transferring risks to bondholders and employees, questioning the impact on revenue and profits.

In what ways do the past experiences with rogue traders influence current banking practices?

What is the significance of risk transfer in the context of banking and shareholder interests?