Credit Suisse had a too-generous approach to compensation “that failed to provide incentives for the right kind of behaviour,” writes Mavin. Employees were rewarded with huge bonuses ...

When UBS Group AG acquired Credit Suisse in March 2023, its board of directors thought they were doing their duty. They'd ...

Photographer: Simon Dawson/Bloomberg (Bloomberg) -- 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 ...

She said the steps would also involve “targeted and effective” proposals that help boost liquidity at financial institutions and rein in excessive bonuses enjoyed by some bankers. The ...

Swiss lawmakers have backed a report recommending tightening the rules on banking and reinforcing the supervisory authority, almost two years after Credit Suisse imploded.

Still, Keller-Sutter said that she’s aware of concerns with respect to the bonuses Credit Suisse’s management received. “I understand the frustration that you can be responsible for the downfall of a ...

This bonus season is unlikely to be a good one for any investment banker. But it'll be especially bad at Credit Suisse, according to calculations made by Swiss newspaper Schweiz am Sonntag picked ...