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Trading Places: Credit Suisse bosses lose bonuses, Kirkland partners get boost, pay gap offenders revealed
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The Swiss government slashed bonuses for top managers at Credit Suisse by tens of millions of dollars after the lender’s $3.2bn fire sale to rival UBS. The Swiss Federal Council said it would wipe out all outstanding variable remuneration for Credit Suisse’s executive board.
Average equity partner pay at Kirkland & Ellis climbed by nearly 2% last year to $7.5m despite a slowing market for top law firms. The Chicago-headquartered firm’s revenue grew nearly 8% to $6.5bn in 2022, according to an American Lawyer report.
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Read more on fnlondon.comAbout this in other media
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