Credit Suisse Chairman: We're Not For Sale

The transcript discusses Credit Suisse's stance on takeover offers, emphasizing its desire to remain independent due to its strong legacy and core businesses. It addresses investor concerns about the bank's stability, noting improvements in liquidity and balance sheet strength. The bank is restructuring, focusing on wealth management and asset management, and is in talks with Apollo and PIMCO. The Saudi National Bank's investment is highlighted, despite geopolitical concerns. Leadership changes and strategic plans for future growth, including a capital increase, are also discussed.

What is Credit Suisse's position on potential takeover offers?

• They are considering offers from specific companies.

• They have already accepted an offer.

• They want to remain independent.

• They are open to offers.

What has been a major concern for investors regarding Credit Suisse?

• The bank's expansion plans.

• The stability of the bank.

• The bank's new product offerings.

• The bank's marketing strategies.

What is expected to happen with the outflows experienced by Credit Suisse?

• They will reverse and lead to inflows.

• They will stabilize but not reverse.

• They will remain unchanged.

• They will continue to increase.

What is the strategic focus of Credit Suisse moving forward?

• Expanding into new markets.

• Focusing on wealth management and asset management.

• Increasing their retail banking presence.

• Developing new technology platforms.

Who is Credit Suisse in exclusive discussions with regarding business adjustments?

• JP Morgan and Barclays.

• Deutsche Bank and HSBC.

• Apollo and PIMCO.

• Goldman Sachs and Morgan Stanley.

What was a significant challenge for Credit Suisse in 2022?

• A failed merger with another bank.

• Their biggest loss ever of 5 billion.

• A major data breach.

• A leadership scandal.

Who is a new investor in Credit Suisse, raising questions about geopolitical conflicts?

• The Qatar Investment Authority.

• The Chinese Investment Corporation.

• The Saudi National Bank.

• The Russian Direct Investment Fund.