Tidjane Thiam,hired on a deal that could reach £7.5m a year, asked the board to cut his annual bonus after the bank posted its first loss since 2008Top bankers are being urged to expose restraint over bonuses after the head of Credit Suisse tried to quash a row over his pay by asking for his payout to be cut by up to 50%.
Tidjane Thiam asked the board of the Swiss bank to cut his pay after a year in which it posted its first loss since 2008. Related: Credit Suisse posts first loss since 2008 Continue reading...
Source: theguardian.com