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Credit Suisse to Cut Bonuses 40% This Year
Credit Suisse Group will reduce bonuses for its employees by 40 percent this year, Der Sonntag reported, citing people familiar with the situation that it didn’t identify. Bonuses will be cut to 3 billion Swiss francs ($3.2 billion) from 5.05 billion francs last year, the report said. The newspaper said…
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Click here to read the full story: Bloomberg