Thiam: DOJ Settlement Was 'Biggest Cloud' Over Shares

Thiam: DOJ Settlement Was 'Biggest Cloud' Over Shares

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the challenges faced by a bank in resetting its strategy during a difficult market period. It highlights the urgency of raising capital and the progress made in cost savings and asset growth. The revenue outlook for 2017 is uncertain due to market dependencies, but there is optimism in certain sectors. The bank's compensation philosophy is performance-based, and decisions are made by the board. Capital strengthening has been a priority, and plans for a Swiss bank IPO are underway, contingent on market conditions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors influence the bank's capital increasing measures?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What preparations are being made for the IPO of the Swiss bank?

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