Credit Suisse Sees Likely Group, Investment Bank Loss in 2Q

The video discusses the ongoing challenges faced by Credit Suisse, including profit warnings due to market conditions influenced by geopolitical events and internal scandals. The bank is struggling with cost management and talent retention while trying to grow its business. Historical scandals like Archegos and Greensill continue to impact its reputation and operations.

What measures is Credit Suisse taking in response to its financial challenges?

Discuss the implications of the talent exodus at Credit Suisse amidst its cost-cutting measures.