A recent inquiry into Credit Suisse (CS) has concluded that the bank’s crisis was largely self-inflicted due to years of mismanagement and scandals. Despite repeated interventions from financial regulators, CS leadership failed to provide transparency about its financial status. The inquiry points to regulatory lapses and delayed political responses that exacerbated the situation, revealing significant gaps in oversight. The findings emphasize the need for reforms to ensure better coordination among authorities and stricter regulations for banking institutions to prevent future crises.