Home World News Middle East Switzerland to Cap Bonus Payments to Senior Executives at Credit Suisse, UBS

Switzerland to Cap Bonus Payments to Senior Executives at Credit Suisse, UBS

Switzerland to Cap Bonus Payments to Senior Executives at Credit Suisse, UBS

MOSCOW (Sputnik) – Switzerland will halve bonuses paid to senior executives at Credit Suisse or cancel them because of state aid the banks received, the Swiss Federal Council said on Wednesday.

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