Executive Travel
Credit Suisse May Cut Bonuses by 60 Percent, SaS Reports
Credit Suisse Group AG, Switzerland’s second-biggest bank, may need to cut bonuses by as much as 60 percent this year because of losses incurred by a writedown, according to calculations made by Schweiz am Sonntag. Chief Executive Officer Tidjane Thiam wants to substantially write down assets following the acquisition of…
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