Credit Suisse CEO on Capital Raising, Archegos, Greensill

Credit Suisse CEO on Capital Raising, Archegos, Greensill

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Business, Life Skills

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The transcript discusses Credit Suisse's response to the Archegos fallout and Greensill Capital situation. It outlines measures taken to mitigate risks, including capital raising and risk reduction strategies. The company is conducting investigations and reviewing risk parameters, with no immediate personnel changes expected. Future strategies focus on strengthening wealth management and investment banking, with ongoing dialogue with regulators. The company aims to maintain a strong capital base to support business growth.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions have been taken to address the issues related to Archegos?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the rationale behind choosing a convertible bond for raising capital?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What specific measures are being implemented to reduce risk in the prime brokerage business?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current status of the investigation into the incidents that occurred?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Credit Suisse plan to adjust its risk parameters moving forward?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the key priorities for the new chairman when they start?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Credit Suisse's strategy for the future following the recent incidents?

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