Credit Suisse Outflows 'Basically Have Stopped': Chairman

The video discusses the challenges Credit Suisse faces, including staff departures and investor concerns. It highlights the impact of social media rumors, particularly on retail and wealth management clients, and the bank's efforts to communicate with clients to maintain trust. Despite uncertainties, client feedback remains positive, with minimal client departures. The video concludes with a discussion on the stabilization of outflows and a positive outlook for the future, especially in Switzerland.

What impact did the social media storm have on Credit Suisse's institutional and retail clients?

How many wealth management clients did Credit Suisse reach out to during the crisis?

What percentage of assets under management did the 8000 wealth management clients cover?

What was the general feedback from clients regarding their relationship with Credit Suisse during the uncertainty?

What does the speaker believe about the future of client outflows from Credit Suisse?