The True Story Of Credit Suisse

Discover the series of events that led to the collapse of one of the world's leading banks: Credit Suisse. From the bank's origins in funding Switzerland's industrialization to its evolution into a global banking powerhouse, this video delves into the demise of Credit Suisse caused by a multitude of scandals and losses. The video explores Credit Suisse's investments in Greensill, the default of Archegos Capital Management, and its involvement in a bribery scandal in Mozambique. Additionally, "Suisse Secrets" reveals the bank's sheltering of billions of dollars in illegal funds linked to criminals, dictators, and human rights violators. Watch the video to understand how the collapse of Silicon Valley Bank and Signature Bank and the withdrawal of financial support from Saudi National Bank led to Credit Suisse's eventual takeover by UBS, ending its 167-year history.

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00:00 Introduction
02:12 The Demise of Greensill & Archegos
03:26 Mozambique Loans & Bribery Scandal
03:58 Hidden “Suisse Secrets”
04:30 New and Old Disputes
05:33 Collapse Is Inevitable
06:40 UBS Takes Over