{
  "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": 31,
  "pageCount": 37,
  "prevPage": 30,
  "nextPage": 32,
  "slideType": "case_study",
  "function": "illustrate_case",
  "density": "overcrowded",
  "nDataPoints": 3,
  "notes": "The slide highlights a specific instance of corporate communication failure and regulatory oversight.",
  "elementsJson": [
    "headline_text",
    "bullet_list",
    "photo",
    "screenshot",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5c-8b8b5d4ad24c/31",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5c-8b8b5d4ad24c",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5c-8b8b5d4ad24c.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5c-8b8b5d4ad24c#slide-31",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.398,
        "x": 0.593,
        "y": 0.053
      },
      "kind": "callout",
      "text": "CS Share Price fell from CHF 2.87",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "65c962c9-562e-4900-baa8-2412a78dbfe6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "callout",
      "text": "The statement turned out to be false. The outflows continued in Q1/23 by CHF 61.5b",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-1043-7233-b248-9a1fbaaaa908",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.325,
        "w": 0.368,
        "x": 0.608,
        "y": 0.148
      },
      "kind": "image",
      "text": "Axel Lehmann at Credit Suisse",
      "attrs": null,
      "subkind": "photo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e29ef1b1-e666-4f07-b3af-b1f584d3c488",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.33,
        "w": 0.368,
        "x": 0.608,
        "y": 0.56
      },
      "kind": "image",
      "text": "FINMA Press Release",
      "attrs": null,
      "subkind": "screenshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2f63ea05-bb72-4f7a-af3b-7a56f9d6bca0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.58,
        "x": 0.07,
        "y": 0.22
      },
      "kind": "list",
      "text": "One capital increase in November and one in December (CHF 4b)\nAxel Lehmann stated in the Financial Times that customer outflows had not only “completely flattened out,” but had, in fact, “partially reversed.”\nThe statement turned out to be false. The outflows continued in Q1/23 by CHF 61.5b\nFINMA denied any breach of supervisory law (10.3.2023). Most likely FINMA didn’t sanction Axel Lehmann’s market deception of 1 December 2022 because that would have triggered an even faster collapse of the bank",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0fa1b16e-b480-42ca-aac9-5b7cd73416ff",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Customer outflows: CHF 61.5b",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-1043-7233-b248-a1ed79c5d0eb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "Axel Lehmann stated in the Financial Times that customer outflows had not only “completely flattened out,” but had, in fact, “partially reversed.”",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd952-1043-7233-b248-9c476da62d20",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.55,
        "x": 0.07,
        "y": 0.91
      },
      "kind": "source-note",
      "text": "1 https://www.bloomberg.com/press-releases/2023-03-13/credit-suisse-group-ag-cs-shareholder-alert-robbins-llp-reminds-investors-of-class-action-against-credit-suisse-group-ag",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "900d9bb7-62ec-4cbb-a99f-7c7c3e040b41",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.45,
        "x": 0.07,
        "y": 0.06
      },
      "kind": "title",
      "text": "1 December 2022 – Statement of Lehmann",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "35a91d4d-dc8f-4702-bd8e-2d62f1f17356",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Before-After-Bridge",
      "slug": "before-after-bridge",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "411b49e1-6eb2-4d77-8f4d-205b3275dfb9",
      "evidence": "The statement turned out to be false. The outflows continued in Q1/23 by CHF 61.5b",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 33,
      "from": 28,
      "beatId": "195bcd2d-8466-47f5-8543-ff66c5354138",
      "arcName": "Rags to Riches",
      "arcSlug": "rags-to-riches",
      "beatName": "Ultimate Achievement",
      "beatSlug": "rags-to-riches-ultimate-achievement",
      "evidence": "The deck's discussion of Credit Suisse's terminal stage, asset losses, and the final act of takeover.",
      "position": 4,
      "confidence": 0.6,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}