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Credit Suisse shells out $432m to keep hold of key staff amid scandals
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Credit Suisse paid out nearly CHF400m ($432m) to keep hold of key staff in 2021 — more than eight times what it shelled out the previous year — as it looked to stem an exodus of talent in the wake of successive scandals.
The Swiss bank paid out the so-called 'retention awards' in response to "significant external pressure on some of our critical talent", according to its annual report.
The...
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