Credit Suisse has cut its bonuses for top management by 40 percent after shareholder criticism of its plans to make a 78 million Swiss franc ($78 million) payout in spite of heavy losses.

By Reuters | May 14, 2025, at 2:04 a.m. ... Reuters A Swiss flag is pictured above a logo of Swiss bank Credit Suisse in Bern, Switzerland, November 15, 2023. REUTERS/Denis Balibouse/File Photo ...

Credit Suisse said earlier this month it was cutting 11 percent of its workforce, or 5,300 jobs, as it revealed it made a net loss of about 3 billion Swiss francs ($2.5 billion) in October and ...

Die Entscheidung des Eidgenössischen Finanzdepartements, ehemaligen Bankern der Credit Suisse ihre Boni zu kürzen oder zu streichen, weil die inzwischen bankrotte Bank von der UBS mit ...

Swiss lawmakers have watered down a proposal that would have installed a fixed upper limit on compensation at the country’s biggest banks including UBS Group AG.