Duncan Mavin

In this engaging discussion, Duncan Mavin, author of 'Meltdown', reveals the tangled history of Credit Suisse, marked by scandals and a toxic corporate culture dating back to WWII. He delves into the bank's questionable practices and risky investment strategies that led to its dramatic downfall. Mavin also explores the fierce rivalry with UBS and the ethical dilemmas faced by executives during crises. Finally, he highlights how journalism played a crucial role in igniting public fears that precipitated the bank’s collapse.

Duncan Mavin, an experienced financial journalist and author of "Meltdown," explores the dramatic collapse of Credit Suisse. He delves into the risky deals, rogue executives, and systemic failures that led to the banking giant's downfall. The conversation highlights the clash of Swiss and American banking cultures, the damaging influence of financial incentives on ethics, and how scandals like Greensill and Archegos ultimately eroded trust. Mavin offers insights into the broader implications for the banking sector and the lessons learned from this crisis.

Duncan Mavin, a seasoned financial reporter and author of "Meltdown: Scandal, Sleaze and the Collapse of Credit Suisse," dives deep into the rise and fall of the iconic bank. He reveals how a toxic corporate culture fueled scandals and greed, ultimately leading to its collapse in 2023. Mavin discusses the tangled history of Swiss banking secrecy and the impact of leadership failures on trust. He also raises vital questions about the future of big banks amidst demands for transparency and accountability in the finance world.