Credit Suisse Delays Some Banker Bonus Talks

Credit Suisse Delays Some Banker Bonus Talks: Credit Suisse is said to have postponed bonus talks for some of its bank employees which could add to unrest. creditsuisse bonus

Bonuses at Credit Suisse are typically paid at the end of February, but in several cases, mandatory employee discussions for this are said to have been postponed, according to a «Bloomberg» story citing people familiar.

Particularly affected are managing directors and directors. Previous reports indicated a halving of the bonus pool for 2022 to around one billion Swiss francs. In addition, several rules have been changed with the apparent intention of striking a balance between cuts and incentives to stay with the bank.Such a decision increases uncertainty among Credit Suisse employees, Bloomberg further writes.

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