Credit Suisse CEO Tidjane Thiam Says `This Was a Tough Quarter; the Outlook -- We're Cautious'

The transcript discusses the bank's recent performance, highlighting a third consecutive quarter of over a billion in profits despite a challenging market. It emphasizes the importance of capital efficiency and a cautious outlook on wealth management. The discussion covers geopolitical uncertainties, such as US-China relations and Brexit, and their impact on large transactions. Growth opportunities are identified in regions like Brazil and Southeast Asia, while challenges like negative interest rates are noted as areas needing change for the banking sector's recovery.

What geopolitical factors are highlighted as impacting the banking sector?

What is the outlook for growth in Brazil and other regions mentioned?