Is Credit Suisse on the Path to Recovery?

The transcript discusses the restructuring efforts and capital improvements of banks, particularly UBS and Credit Suisse. It highlights the progress in addressing legacy crisis-era litigation and the future prospects of these banks. The discussion also covers Credit Suisse's market position, competition, and its strategic focus compared to UBS.

What is the significance of liquidity coverage ratio in the context of the text?

What predictions are made about the future of UBS and Credit Suisse?