Credit Suisse Cuts Former Chief Executive's Bonus Due to Spying-Scandal Fallout

Credit Suisse Group said it docked around $2.24 million from former chief executive Tidjane Thiam’s 2019 bonus because of the “significant impact” of last year’s spying scandal on the bank’s reputation.

Credit Suisse Cuts Former Chief Executive's Bonus Due to Spying-Scandal Fallout
Credit Suisse Group said it docked around $2.24 million from former chief executive Tidjane Thiam’s 2019 bonus because of the “significant impact” of last year’s spying scandal on the bank’s reputation.