{
}
The documentary "Game Over - The Fall of Credit Suisse," directed by Simon Helbling, explores the bank's downfall, highlighting a pervasive lack of accountability among its leaders. Interviews with influential figures, including Swiss Confederation President Karin Keller-Sutter and UBS CEO Sergio Ermotti, reveal insights into the culture of denial that contributed to the bank's failures. The film also addresses the bank's controversial role in the Mozambique loans and the ongoing plight of a former employee facing legal repercussions.
Simon Helbling's documentary "Game Over - The Collapse of Credit Suisse" has become a hit in Swiss theaters, attracting around 13,000 viewers in its opening weekend. The film, which critically examines the bank's management and its failed attempts to restructure, ranked second overall in viewership, particularly strong in German-speaking regions. In French-speaking areas, it placed sixth, while Ticino saw 445 admissions.
The documentary film and non-fiction book "Game over - the fall of Credit Suisse" have garnered significant attention in Switzerland, with the film attracting around 13,000 viewers in its opening weekend. The book, authored by Arthur Rutishauser, quickly rose to the top of the bestseller list, highlighting the bank's dramatic decline and management failures, including a missed opportunity to sell its investment banking division for five billion dollars.
Simon Helbling, director of the documentary “Game Over – The Collapse of Credit Suisse,” revealed he faced significant pressure to halt production, emphasizing the need for Switzerland to confront the bank's downfall. The film, premiering in Ticino, traces the bank's history from a 1977 scandal to its eventual collapse, highlighting missed opportunities for intervention during key leadership periods. Scriptwriter Arthur Rutishauser noted the detrimental impact of Credit Suisse's US activities and criticized the lack of accountability following a parliamentary inquiry into the bank's failure.
The documentary "Game Over" explores the downfall of Credit Suisse, revealing how internal greed and a lack of accountability led to its collapse. Despite significant losses and legal violations, decision-makers showed little remorse, highlighting a systemic failure within the bank. The film aims to provoke political reactions and shed light on the consequences of unchecked corporate behavior.
On March 19, 2023, Credit Suisse's downfall culminated in its acquisition by UBS, facilitated by the Swiss Confederation. Simon Helbling's documentary "Game Over - The Fall of Credit Suisse" traces the bank's risky shift towards global investment banking since the 1970s, highlighting managerial greed and incompetence as key factors in its collapse. Despite attempts to restructure in 2022, the bank's leadership prioritized personal gain over responsibility, leading to its moral and financial bankruptcy.
UBS experienced a technical fault on Wednesday, causing certain debits to clients' accounts to be displayed twice. The bank acknowledged the issue and assured clients that the incorrect bookings would be corrected, although details regarding the cause, number of affected clients, and resolution timeline were not disclosed.
Swiss economic growth is projected at 1.4% for 2025, with an upward revision to 1.9% for 2026, driven by EU stimulus packages. A citizens' initiative aims to limit lobbying in Parliament, while a documentary on Credit Suisse highlights pressures faced during its production. Cash usage declines, with debit cards becoming the preferred payment method in 2024.
Simon Helbling, director of the documentary "Game Over - The Collapse of Credit Suisse," revealed he faced significant pressure not to produce the film, emphasizing its importance for Switzerland to confront the bank's troubled history. The documentary explores key events leading to Credit Suisse's downfall, including its expansion into the U.S. and the costly decisions made over the years. Arthur Rutishauser, the film's scriptwriter, noted that while a parliamentary inquiry uncovered many facts, it failed to assign blame for the bank's collapse.
The EU Court has upheld a €172.3 million fine on UBS for its role in a cartel involving the trading of European government bonds, alongside six other banks. While fines for Unicredit and Nomura were slightly reduced, the court confirmed the serious anticompetitive behavior of the banks during a financial crisis. In other news, Google's AI feature is now available in Switzerland, and a 30-employee firm has shut down due to a computer disaster. Additionally, the Federal Court annulled the election of Senator Simon Stocker due to residency issues.
Simon Helbling
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
the fall of credit suisse a documentary on mismanagement and accountability
United States Dollar
Credit Suisse Strategic Income I
Deutsche Bank Money Market PP
MOZ
USA
CHE
Simon Helbling
Oswald Grübel
Colm Kelleher
Josef Ackermann
Sergio Ermotti
Karin Keller-Sutter
Show more
14:05 02.04.2025
documentary on credit suisse collapse becomes second most viewed film in switzerland
17:40 01.04.2025
Credit Suisse downfall explored in popular film and bestselling book
17:11 01.04.2025
director reveals pressure in making documentary on credit suisse collapse
United States Dollar
Credit Suisse Strategic Income I
CHE
USA
Simon Helbling
Arthur Rutishauser
Tidjane Thiam
Rainer Gut
Show more
09:12 28.03.2025
the downfall of credit suisse a documentary on internal collapse
Swiss Franc
Credit Suisse Strategic Income I
CHE
Simon Helbling
Urs Rohner
Arthur Rutishauser
Tidjane Thiam
Show more
12:18 27.03.2025
the rise and fall of credit suisse a tale of greed and arrogance
Swiss Franc
United States Dollar
Credit Suisse Strategic Income I
Barclays PLC
CHE
USA
Bob Diamond
Arthur Rutishauser
Tobias Straumann
Simon Helbling
Rainer Werner Fassbinder
Tidjane Thiam
Brady Dougan
Show more
10:53 27.03.2025
UBS faces technical issues causing double debits for clients
10:01 27.03.2025
swiss economy shows growth as cash use declines and payment methods evolve
17:00 26.03.2025
credit suisse documentary reveals pressures and insights into banking collapse
Swiss Franc
Euro
United States Dollar
Credit Suisse Strategic Income I
CHE
Simon Helbling
Arthur Rutishauser
Tidjane Thiam
Rainer Gut
Show more
15:19 26.03.2025
eu court upholds 172 million fine on ub s for cartel activities
Swiss Franc
Euro
United States Dollar
ITA
CHE
Simon Helbling
Simon Stocker
Margrethe Vestager
Show more
14:25 26.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Industry Mergers & Acquisitions
Finance Mergers & Acquisitions
Domestic Politics
Banking Regulations
Global Financial Events
Retail and Consumer Goods
CEO Changes
Government Policies
Workplace Trends
Elections & Campaigns
Market Analysis and Predictions
Global Trade Developments
Central Bank Actions
Startups & Entrepreneurship
Government Economic Policies
Hedge Funds & Private Equity
Supply Chain Management
Countries:
Companies:
Tesla, Inc.
UniCredit S.p.A.
Banco BPM S.p.A.
Deutsche Bank Money Market PP
JPMorgan Chase & Co.
Barclays PLC
Apple Inc.
Credit Suisse Strategic Income I
CREDIT AGRICOLE
SpaceXCoin USD
Lloyds Banking Group plc
BNP Paribas SA
Amazon.com, Inc.
The Goldman Sachs Group, Inc.
UBS Group AG
Credit Agricole
Banco Santander, S.A.
Reinsurance Group of America, Incorporated
Google Inc.
Amundi S.A.
Currencies:
United States Dollar
Euro
British Pound Sterling
Swiss Franc
Chinese Yuan
Indian Rupee
Japanese Yen
South Korean Won
Offshore Chinese Yuan
Hong Kong Dollar
Norwegian Krone
Filipino Peso
Canadian Dollar
Singapore Dollar
Australian Dollar
Danish Krone
Swedish Krona
Mexican Peso
Vietnamese Đồng
Qatari Riyal
People: