Credit Suisse Picks Horta-Osorio for Chairman

The video discusses the turbulent situation at Credit Suisse, highlighting leadership changes and challenges faced by the bank. It also covers the performance of UK banks, noting significant market movements and factors like dividends and vaccines influencing the sector. Additionally, the video explores bonus policies at major banks, including JP Morgan and Bank of America, and their implications for traders.

What are some of the challenges Credit Suisse has faced recently?

• Successful trading during the pandemic

• Leadership stability

• Strong performance in wealth management

• Involvement in Spygate

What factors are contributing to the positive performance of UK banks?

• Negative vaccine news

• Decrease in loan losses

• Prospects of dividend payments restarting

• Decline in the value of the pound

What is a significant reason for the optimism in the UK banking sector?

• Decrease in bank dividends

• Positive vaccine developments

• Increase in loan losses

• Negative economic outlook

Which bank is planning to keep its bonus pool flat despite a trading boom?

• JP Morgan

• HSBC

• Bank of America

• Santander

How much did JP Morgan's trading revenues reportedly rise this year?

• 20%

• 35%

• 28%

• 48%