CREDIT SUISSE CRISIS - Explained
The importance of trust and corporate cultures in banks
What your bank doesn’t tell you
Special Episode: Credit Suisse
Trust in financial institutions is at an all-time low. The recent collapse of Silicon Valley Bank and the bailout of Credit Suisse further underline this feeling. Luba and Tonia, two ex-banking executives and two ex-Credit Suisse colleagues discuss the recent crisis of one of the oldest Banks in Switzerland.
Episode Summary
In their newest episode, Luba and Tonia discuss the recent situation with Credit Suisse and provide insights into what really happened inside the bank. The two experts have a long history with the bank, they discuss the government and regulator’s intervention, the loss of client trust, and the measures taken to support the bank. They also examine the reasons behind Credit Suisse’s decline over the past 15 years, given that the bank did not require government support during the 2008 financial crisis.
Listen to the audio series on your favourite platform:
▶ Spotify
