Herro Says He’s 100% Behind Credit Suisse CEO Thiam

Herro Says He’s 100% Behind Credit Suisse CEO Thiam

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the tensions between Credit Suisse's Chairman and CEO Tidjane Tiam, highlighting Tiam's successful tenure in improving the bank's operations. Despite controversies, key investors, including David Herro, express strong support for Tiam. The discussion also touches on the planned succession of the Chairman and the stability of the bank, emphasizing the importance of not disrupting the current management.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations regarding the Chairman's term and the search for a successor?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the performance of Credit Suisse changed over the last several quarters according to the text?

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