2025-01-17
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Welcome to Intelligence Squared, where great minds meet.
I'm producer Mia Sorrenti.
Our guest today is financial journalist Duncan Mavin, currently an editor at Bloomberg.
Mavin was previously a reporter and editor for the Washington Post and was the Wall Street Journal's financial editor for Europe, the Middle east and Africa.
In his new book, Scandals, Sleaze and the Collapse of Credit Suisse, Maven examines Credit Suisse's scandal ridden demise and unpicks the web of corruption that permeates international finance.
Carl Miller, the journalist and fellow at Demos, spoke to Duncan to find out more.
Duncan, very warm welcome to you to Intelligence Squared.
Thanks.
Thanks for having me.
The collapse of Credit Suisse, that's a big story to take on, isn't it?
What drew you to it?
Yeah, no, I think you're right.
It's a huge story.
One of the biggest banks in the world, one of only a handful of banks that were designated as systemically important on a global basis.
What drew me to that is, yeah, I think I'm a financial journalist and so it's appealing to try and explain what on earth happened there.
How does something like that, how does a bank that big collapse?