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Wealth and Asset Management
Credit Suisse Bonuses to Include Bonds That Can Be Wiped Out
Credit Suisse Group AG, the second-largest Swiss bank, is paying part of 2013 bonuses to top employees in bonds that can be wiped out if the firm fails to maintain enough capital. About 20 percent of 2013 deferred pay for directors and managing directors will be granted in the form…
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Click here to read the full story: Bloomberg Business Week