Switzerland Targets Credit Suisse Executives' Bonuses

Switzerland Targets Credit Suisse Executives' Bonuses

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Interactive Video

Business

University

Hard

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The video discusses the distribution of bonuses at different management levels, highlighting that 50% of bonuses are paid out while 25% are withheld. This affects around 1000 people and extends a temporary measure by the Swiss government. Compensation issues are significant at UBS and Credit Suisse, with questions about payments to executives like Air Mahdi. There are concerns about potential clawbacks and shareholder dissatisfaction due to perceived excessive risk-taking encouraged by compensation structures. Bloomberg's analysis shows that 35 billion francs have been allocated to bonus pools over 12 years, with a profit of 35 million.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the concern regarding compensation at Credit Suisse?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much has been put into the bonus pools over the last 12 years?

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