What legal provisions is Credit Suisse making, and what might they be related to?
Can Things Get Any Worse for Credit Suisse?
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The video discusses the financial challenges faced by Credit Suisse, including market reactions to negative news, recent leadership changes, and ongoing issues in their wealth management and investment banking sectors. The company is provisioning for legal cases and potential losses, with a focus on the impact of the Archegos scandal. Despite a difficult year, there is hope for improvement with new leadership and strategic pivots in 2022.
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What does the future hold for Credit Suisse according to the discussion?
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