Credit Suisse Deal Doesn't Solve Problem for Europe: Tchir

The transcript discusses the financial situation of Credit Suisse, highlighting its market valuation and recent financial activities. It raises concerns about the transparency of bank balance sheets and the potential risks associated with them. The discussion also touches on the impact of deposit flight on financial stability and suggests that a deposit guarantee could be a solution to mitigate these risks, particularly in Europe.

What was the amount raised by Credit Suisse a couple of months ago?

What concerns are raised regarding the balance sheets of banks?

How does the speaker feel about the situation in Switzerland?

What is suggested as a potential solution to the deposit flight issue?

What new scrutiny is mentioned regarding bank balance sheets?