Credit Suisse Set to Cut 10% of European Investment Bankers: FT
Credit Suisse is planning to cut more than 10% of its European investment bankers this year, adding to hundreds of job losses in London and Zurich
Source: techstory.in
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Credit Suisse to cut Australian investment banker bonuses by up to 40pc as CEO Ulrich Koerner restructures
The bank’s cost-cutting is more severe than Wall Street peers as Credit Suisse carves out its investment bank and absorbs losses from the Archegos and Greensill scandals.
Source: afr.com
Can Credit Suisse's investment bank make a comeback by reviving the First Boston name?
It was one of Australia’s great finance finishing schools. Will independence from Zurich allow it to rise again?
Source: afr.com
Credit Suisse weighs 50% cut to bonus pool after tough year
Credit Suisse Group is considering cutting the bonus pool for 2022 by about half, according to people familiar with the matter, capping a grim year in which the bank was forced to raise $4 billion after a string of losses.
Source: americanbanker.com
Credit Suisse weighs 50pc cut to bonus pool after tough year
The Swiss lender is set to cap a grim year by slashing the payments, and some employees are likely to receive no bonus at all for last year.
Source: afr.com