Credit Suisse Group AG is considering cuts of at least 10% to its bonus pool after a series of charges cut into the Swiss bank’s profit last year, according to people familiar with the matter. The ...
ZURICH (Reuters) -A top Swiss court has ruled that the Swiss government's reductions and cancellations of bonus payments to former executives of Credit Suisse after the bank failed in 2023 were ...
Former Credit Suisse Group AG traders David Higgs and Salmaan Siddiqui pleaded guilty to falsifying prices tied to collateralized debt obligations to meet targets and boost year-end bonuses.
LONDON, Jan 3 (Reuters) - Credit Suisse is preparing to offload more risk exposure to staff in its 2012 bonus giveaway but significantly fewer managers will be allowed to join the latest version of a ...
Credit Suisse is planning to make changes to its staff bonuses and cut cash payouts, The Wall Street Journal reports. The Swiss lender is seeking to pay cash bonuses over four years, while it is ...
A Swiss court has ruled the reduction or suppression of bonuses for senior Credit Suisse staff as part of the bank's 2023 rescue was illegal.
ZURICH (Reuters) - Swiss bank Credit Suisse will link payouts for its top investment bankers to illiquid assets in an innovative new bonus system that may set an example for others in the industry.
Die Entscheidung des Eidgenössischen Finanzdepartements, ehemaligen Bankern der Credit Suisse ihre Boni zu kürzen oder zu streichen, weil die inzwischen bankrotte Bank von der UBS mit staatlicher ...
GENEVA (AP) — The new CEO of Credit Suisse has proposed that its board make a "significant" cut in his bonus after the Swiss bank posted disappointing earnings last week and announced 4,000 job cuts.