{
  "docId": "019dd923-5e88-73ef-bd5c-8b8b5d4ad24c",
  "docSlug": "83ce0c3732d89215",
  "documentTitle": "20230530 A long way down Credit Suisse Rolf Sethe 11th EBI Academic Debate",
  "authorId": "CreditSuisse",
  "authorName": "Prof. Dr. Rolf Sethe",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 18,
  "pageCount": 37,
  "prevPage": 17,
  "nextPage": 19,
  "slideType": "case_study",
  "function": "illustrate_case",
  "density": "overcrowded",
  "nDataPoints": 3,
  "notes": "Includes photos of Urs Rohner and António Horta-Osório with status indicators.",
  "elementsJson": [
    "headline_text",
    "bullet_list",
    "photo",
    "logo_grid"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5c-8b8b5d4ad24c/18",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5c-8b8b5d4ad24c",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5c-8b8b5d4ad24c.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5c-8b8b5d4ad24c#slide-18",
  "components": [
    {
      "bbox": {
        "h": 0.045,
        "w": 0.435,
        "x": 0.536,
        "y": 0.054
      },
      "kind": "callout",
      "text": "CS Share Price fell from CHF 11.77 to 9.41",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1950e1ff-643f-4ff4-a398-cc05af8fd936",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "callout",
      "text": "The loss of CS amounts to USD 5.5b",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-1043-7233-b247-211017389211",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.23,
        "w": 0.225,
        "x": 0.735,
        "y": 0.645
      },
      "kind": "image",
      "text": "António Horta-Osório",
      "attrs": null,
      "subkind": "headshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4f3893e6-bebe-4395-9419-5f9d7052a342",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.23,
        "w": 0.225,
        "x": 0.735,
        "y": 0.365
      },
      "kind": "image",
      "text": "Urs Rohner",
      "attrs": null,
      "subkind": "headshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "be211a0b-d4d1-4bef-bf43-1609cdad4700",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.075,
        "w": 0.275,
        "x": 0.685,
        "y": 0.235
      },
      "kind": "image",
      "text": "Archegos Capital Management",
      "attrs": null,
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7bea9a76-5052-483e-a09c-efa353f76544",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.6,
        "x": 0.07,
        "y": 0.655
      },
      "kind": "list",
      "text": "António Horta-Osório was elected as new COB. He had a good reputation as the saviour of Lloyds Banking Group (\"Mr. Fix-it\").",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "95f4342f-b79d-47be-afc0-3702c3c45cae",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.2,
        "w": 0.6,
        "x": 0.07,
        "y": 0.235
      },
      "kind": "list",
      "text": "Archegos Capital Management was a limited partnership family office. It managed the personal assets of Bill Hwang. On March 26, 2021, Archegos defaulted on margin calls from several global investment banks, including Credit Suisse. The loss of CS amounts to USD 5.5b",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ca2d4d7d-e4b3-4103-bb0c-542022070f0a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.6,
        "x": 0.07,
        "y": 0.785
      },
      "kind": "list",
      "text": "Thomas Gottstein stayed the CEO, but several top executives were fired, including risk manager Lara Warner",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f51779a5-c21c-48cd-9e73-5a6876a4a1e0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.6,
        "x": 0.07,
        "y": 0.49
      },
      "kind": "list",
      "text": "At the general meeting 2021 the board of directors admitted mistakes and withdrew the motion of discharge. COB Urs Rohner renounced his candidacy.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ff4ac616-b5d7-4ce5-9d47-9814f3b9fa40",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Financial loss: USD 5.5b",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-1043-7233-b247-26f21c2aab47",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.35,
        "x": 0.07,
        "y": 0.07
      },
      "kind": "title",
      "text": "26 March 2021 – Archegos Default",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9c087225-4c0a-4882-955c-6986a6ce90fb",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Before-After-Bridge",
      "slug": "before-after-bridge",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "1bb9e5e7-2d89-4d01-baa2-0b185e03bd2d",
      "evidence": "The slide shows a share price change from CHF 11.77 to 9.41.",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 22,
      "from": 16,
      "beatId": "d821f013-b6b0-40c8-82a9-1924eb555578",
      "arcName": "Rags to Riches",
      "arcSlug": "rags-to-riches",
      "beatName": "The Breakthrough",
      "beatSlug": "rags-to-riches-the-breakthrough",
      "evidence": "The deck's analysis of Credit Suisse's share price declines and the damage caused by scandals.",
      "position": 3,
      "confidence": 0.6,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 22,
      "from": 16,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "d405594f-b9ee-448d-87fd-b9ed57d1e354",
      "evidence": "The deck's analysis of Credit Suisse's share price declines and the damage caused by scandals.",
      "position": 0,
      "objective": "Highlight the consequences of inaction in addressing scandals and financial losses.",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.7,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}