Credit Suisse to launch new staff bonus scheme

“Credit Suisse is set to make significant changes to the way in which it pays out bonuses for 2012, it has emerged. The major Swiss bank is looking to award a greater volume of risk-sensitive assets to members of staff for their efforts last year as it seeks to comply with the wishes of both regulators and shareholders by granting lower proportions of cash in its bonuses, Reuters reports.” READ MORE.