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Credit Suisse’s new bonus rules backfire as bankers fume: ‘This is infuriating’
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Credit Suisse is facing backlash from employees over a new bonus scheme designed to retain senior talent after a series of crises.
Managing directors and directors at the Swiss bank have railed against the new programme that pays a bigger chunk of annual bonuses in upfront cash, but requires bankers to pay it back if they leave within three years, according to Credit Suisse employees contacted by Financial News.
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Read more on fnlondon.comAbout this in other media
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