The end of Credit Suisse

Questions for this case:

1. What caused Credit Suisse's demise? Why?

2. What were the multiple efforts at restructuring by Credit Suisse leadership aiming at? What problem were they trying to solve? Why?

3. Could anything have saved Credit Suisse? If so, what kinds of actions would you have proposed? Were there any other options for the Swiss regulators but to intervene and force the merger with UBS?

4. What could be the consequences of the Swiss regulators writting off USD 17 billion of the AT1 bonds? Why? 

5. What might be the long-term impact on Switzerland of Credit Suisse's demise?