Under Swiss banking law, the country's Federal Council can impose bonus-related measures on a systemically important bank if it received state aid from federal funds. AFP
Under Swiss banking law, the country's Federal Council can impose bonus-related measures on a systemically important bank if it received state aid from federal funds. AFP

Business

Banking

Switzerland asks Credit Suisse to cut bonuses for top management

The Swiss lender has been instructed to examine whether bonuses already paid can be recovered

Reuters

April 06, 2023

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