Credit Suisse Chairman Axel Lehmann Full Interview

Credit Suisse Chairman Axel Lehmann Full Interview

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the resignation of CEO Thomas Gottstein from Credit Suisse, driven by both personal reasons and institutional pressure. The company is undergoing a strategic review to refocus its investment banking and improve financial stability. Despite significant losses, the board is committed to transformation and maintaining a strong balance sheet. The new strategy aims to simplify operations, enhance competitiveness, and retain employee and client confidence. The board is unified in its approach, with a focus on wealth management and Swiss banking.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the chairman view the future potential of Credit Suisse despite current challenges?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes are expected in the investment banking capabilities of Credit Suisse?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What message did the chairman convey regarding the board's strategy?

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