{
}
Richard Chandler expresses deep disdain for Rainer E. Gut's leadership at Credit Suisse, criticizing the shift in culture and the prioritization of quick profits over loyalty. He reflects on the bank's decline, particularly after the Archegos and Greensill crises, and calls for Switzerland to hold UBS accountable as it integrates Credit Suisse. Chandler, who retired at 68, remains critical yet loyal to the banking sector, emphasizing the need for responsibility in the new banking landscape.
A Credit Suisse veteran, Richard Chandler, is calling for the return of bonuses awarded to executives despite significant losses, expressing his frustration over their negligence. Having worked at the bank for 53 years, he highlights a culture of prioritizing quick profits and criticizes past leadership for their role in the bank's decline. Chandler, who praised former CEO Oswald Grübel for his understanding of banking, began to lose faith in the institution following the Archegos and Greensill scandals.
Richard Chandler, the longest-serving employee at Credit Suisse, reflects on his 53 years with the bank, expressing anger at former executives for their negligence and the culture shift towards profit over loyalty. He highlights the detrimental impact of investment banking on the bank's values and calls for accountability as Credit Suisse faces its decline. Chandler's career, marked by scandals and crises, culminated in his retirement as he could no longer witness the bank's downfall.
"Game Over" premiered in Zurich, detailing the downfall of Credit Suisse, starting from the Chiasso scandal in the 1970s. The film critiques a series of greedy managers, highlighting their role in the bank's collapse while also showcasing the victims of its corrupt practices, including the Mozambique Tuna bonds scandal. Richard J. Chandler, a long-time employee, defended the bank's Swiss operations, suggesting not all was negative.
"Game Over," a film about the collapse of Credit Suisse, premiered in Zurich, showcasing the dramatic downfall of the bank and its executives. While the movie highlights the greed and mismanagement of CS leaders, it leaves unanswered questions about the lack of accountability and the role of Swiss authorities during the crisis. The film, financed by Netflix, combines thrilling historical insights with a critique of the banking sector, yet rushes through key events leading to CS's demise.
Lukas Mühlemann
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Richard Chandler reflects on Credit Suisse's decline and UBS's future challenges
United States Dollar
Credit Suisse Strategic Income I
CHE
Oswald Grübel
Lukas Mühlemann
Thomas Wellauer
Rainer Gut
Richard Chandler
Show more
08:02 27.03.2025
Credit Suisse veteran calls for return of bonuses amid bank losses
United States Dollar
Credit Suisse Strategic Income I
CHE
Oswald Grübel
Lukas Mühlemann
Thomas Wellauer
Josef Ackermann
Rainer Gut
Robert Jeker
Richard Chandler
Show more
03:12 27.03.2025
longest serving credit suisse employee reflects on scandals and leadership failures
Credit Suisse Group Ltd.
FIFAX Abp
CHE
Lukas Mühlemann
Urs Rohner
Thomas Gottstein
Richard Chandler
Oswald Grübel
Thomas Wellauer
Tidjane Thiam
Rainer Gut
Brady Dougan
Show more
16:48 26.03.2025
documentary exposes downfall of credit suisse and its greedy management
Mozambican Metical
Swiss Franc
United States Dollar
Credit Suisse Strategic Income I
CHE
MOZ
Urs Rohner
Joe Ackermann
Thomas Gottstein
Tidjane Thiam
Arthur Rutishauser
Rainer Gut
Lukas Mühlemann
Beat Schmid
Axel Lehmann
Brady Dougan
Oswald Grübel
Show more
08:12 20.03.2025
the rise and fall of credit suisse a cinematic exploration
United States Dollar
Netflix, Inc.
CHE
Richard Chandler
Josef Ackermann
Thomas Gottstein
Tidjane Thiam
Arthur Rutishauser
Matthew Jordan
Lukas Mühlemann
Colm Kelleher
Marlon Brando
Brady Dougan
Oswald Grübel
Urs Rohner
Kubra Khan
Rainer Gut
George Clooney
Ueli Maurer
Sergio Ermotti
Axel Lehmann
Show more
07:38 20.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Global Financial Events
Finance Mergers & Acquisitions
Retail and Consumer Goods
Industry Mergers & Acquisitions
CEO Changes
Workplace Trends
Central Bank Actions
Global Trade Developments
Market Analysis and Predictions
Financial Scams and Security
GDP Growth & Recession Forecasts
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Startups & Entrepreneurship
Supply Chain Management
Countries:
Companies:
JPMorgan Chase & Co.
The Goldman Sachs Group, Inc.
Tesla, Inc.
Barclays PLC
Apple Inc.
Deutsche Bank Money Market PP
Bank of America Corporation
Credit Suisse Lux Digital Healt
Wells Fargo & Company
Citigroup Inc.
Banco Santander, S.A.
BNP Paribas SA
UBS Group AG
Commerzbank AG
UniCredit S.p.A.
Morgan Stanley
Lloyds Banking Group plc
Huawei Technologies CO. Ltd.
Berkshire Hathaway Inc.
Danske Bank A/S
Currencies:
United States Dollar
Euro
British Pound Sterling
Chinese Yuan
Swiss Franc
Japanese Yen
Indian Rupee
Australian Dollar
Russian Ruble
Danish Krone
Canadian Dollar
Offshore Chinese Yuan
Hong Kong Dollar
United Arab Emirates Dirham
Indonesian Rupiah
Saudi Riyal
South Korean Won
Turkish Lira
Mexican Peso
Malaysian Ringgit
People: