Herro Says Credit Suisse Shouldn't Be Broken Up

The video discusses why an activist investor is interested in Credit Suisse, focusing on the bank's underperformance over the past decade. It highlights the CEO change two years ago and the strategic plan to shift capital from investment banking to wealth management. The challenges and progress in executing this plan, including winding down the strategic resolution unit, are examined. The video also explores funding issues and the future outlook for Credit Suisse, emphasizing the importance of optimizing asset wind-downs without incurring losses.

What reasons are given for the activist investor's interest in Credit Suisse?

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What changes were made to the leadership of Credit Suisse two years ago?

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What has been the focus of the plan introduced by Mr. T. John?

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What challenges does the bank face in winding down the strategic resolution unit (SRU)?

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How does the current profitability of Credit Suisse compare to its peers?

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