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Swiss government suspends deferred bonuses at Credit Suisse
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Deferred bonuses at Credit Suisse have been suspended by the Swiss government in the wake of the bank’s shotgun takeover by rival UBS.
The Swiss Federal Council said it was “temporarily suspending certain forms of variable remuneration for Credit Suisse employees,” in a 21 March statement.
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Read more on fnlondon.comAbout this in other media
UBS could cut 30% of staff after Credit Suisse takeover — report fnlondon.com /1 year ago
Swiss prosecutors investigate UBS’s Credit Suisse takeover fnlondon.com /1 year ago
Switzerland’s attorney general to investigate Credit Suisse takeover theguardian.com /1 year ago
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