Wealth and Asset Management
Credit Suisse Reaches for Bankers' Bonuses
The Swiss bank is reportedly poised to slash bonuses after kissing off $4.7 billion in Archegos' collapse. Staff at the Zurich-based bank face dramatic bonus cuts as Credit Suisse attempts to digest twin catastrophes Archegos and Greensill, according to the «Financial Times» (behind paywall) on Tuesday. The outlet reported that…
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