Avoiding the Budgetary Drought
Magnus Falk, Credit Suisse: IT is an investment at Credit Suisse and has not been significantly impacted by the whole credit crisis. There are three reasons behind that. The first is that Credit Suisse has not been as badly affected by the crisis as the rest of the industry.
The second is that our business sees that IT is a crucial element. To be successful-if they want to use this opportunity to gain market share-it is not worth
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