Credit Suisse Explores Sale of US Asset-Management Unit

The video discusses a lender's restructuring efforts, focusing on wealth management and divesting non-core businesses. It highlights European banks' struggles in the US market, citing examples like Deutsche Bank and BNP. The need for decisive management and rebranding to retain and attract talent is emphasized, acknowledging ongoing challenges and the importance of giving the bank a clear direction.

What steps are suggested to attract new talent to the bank?

How does the current atmosphere within the bank affect talent retention?