Lessons from the 2023 collapse of Credit Suisse

The collapse of Credit Suisse in mid-March 2023 was the first such event affecting a global systemically important bank since that concept emerged in the early 2010s. Several efforts have been devoted to postmortem analysis, including a report delivered in September by an expert group on banking stability set up by the Swiss government.
Joining this episode of Financial Statements are:
HOST
Nicolas VéronSenior Fellow, Peterson Institute for International Economics (PIIE)GUESTS
Eva Hüpkes Secretary General, International Association of Deposit Insurers; Member of Switzerland's Expert Group on…