Credit Suisse Touts Returns, Asks for One More Year

The video discusses Credit Suisse's strategic shift towards wealth management, reducing investment banking and trading activities. The market has responded positively, with significant stock gains. The focus is on achieving profitability targets and confirming divisional goals. Comparisons are made with UBS's past strategies, but Credit Suisse is pursuing a unique approach by leveraging investment banking for wealth management. The strategy's success is still under evaluation, with some investors advocating for further downsizing of investment banking.

What is the main focus of Credit Suisse's strategy as discussed in the first section?

• Increasing investment banking activities

• Less investment banking and more wealth management

• Expanding trading operations

• Reducing wealth management

What is the new ROTC target mentioned in the first section?

• A customer satisfaction index

• A risk assessment tool

• A profitability measure

• A measure of market share

How does Credit Suisse's strategy compare to UBS's past actions?

• It avoids any comparison with UBS

• It uses investment banking for wealth management, unlike UBS

• It focuses more on trading than UBS

• It is identical to UBS's strategy

What is a key factor in the success of Credit Suisse's current strategy?

• Reducing wealth management activities

• Focusing solely on global markets

• Cooperation between investment banking and wealth management

• Increasing the size of the investment bank

What shift in capital allocation is mentioned in the third section?

• More towards global markets

• More towards investment banking

• More towards wealth management

• More towards trading operations