FAST FIVE: Can Credit Suisse Avoid Becoming The 'Deutsche Bank' Of Switzerland?
Its' challenge is to avoid becoming the Deutsche Bank of Switzerland – which it will struggle to do without a radical and unlikely shakeout.
If you are wealthy enough to be looking for a proper Swiss private bank, you probably would not be missing the current headlines.
Now the rumours say CS' risk management systems were overwhelmed.
Compare and contrast how Credit Suisse and Goldman Sachs fared in this farce.
Rather like Deutsche Bank, CS has lost its relevance.