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Credit Suisse Pledges New Bonus Model

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The Swiss bank plans to unveil a new bonus model next year. This follows outsize risk-taking from several units, leading to a painful scandal and huge losses. Zurich-based Credit Suisse will review and redesign how it pays bonuses, Chairman António Horta Osório and CEO Thomas Gottstein told «NZZ am Sonntag»…

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Click here to read the full story: Finews.com

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