Credit Suisse Revives Derivatives-Bond Bonuses
Credit Suisse has revived a practice it adopted during the financial crisis in 2008 of awarding senior employees part of their bonuses in derivatives-backed bonds, a practice that helped the Swiss firm to unload risky assets.
Credit Suisse has revived a practice it adopted during the financial crisis in 2008 of awarding senior employees part of their bonuses in derivatives-backed bonds, a practice that helped the Swiss firm to unload risky assets. Employees’ compensation will also include cash and restricted stock.
Click here to ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
