Credit Suisse Jumps on Report of Pimco SPG Unit Interest

Credit Suisse Jumps on Report of Pimco SPG Unit Interest

Assessment

Interactive Video

Business

University

Hard

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The video discusses Credit Suisse's efforts to stabilize its investment bank by selling its securitized products business. It explores potential strategies like spinning out the advisory arm or a capital raise, despite challenges due to low share prices. The market's reaction is mixed, with significant share price fluctuations. A strategy briefing is scheduled for October 27th, where Credit Suisse will present its restructuring plans to investors.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the deadline for Credit Suisse to announce its restructuring plans?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the share price of Credit Suisse fluctuate last week?

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