Credit Suisse CEO Cites Cost Cut Progress in Loss

The transcript discusses the confidence in a financial plan set in November, despite challenges and market conditions. It highlights the focus on avoiding surprises and the potential for mergers, particularly with Deutsche Bank, which was denied. The discussion also covers the shift towards wealth management and the link to global and EU economies, with a focus on growth in Asia and emerging markets.

What challenges are mentioned regarding the merger of banks?

What is the significance of the employee numbers mentioned for UBS and Credit Suisse?