• 30 Jan 2009 at 10:15 AM

Bonus Watch ’09: Credit Suisse

By

From our chippies across the pond:

Tuesday was bonus day for CS in London: 1st yr S&T (equities, FI, research) analysts all got £5,250 (base is £45k if you have a masters, £36k if not). Pretty respectable all things considering. Directors and above are looking forward to enjoying their PAF units (toxic assets) as they vest over the next five years. Cash proportion of their bonuses remained the same (higher than most places incidentally), and people didn’t look too unhappy overall.

    Sign up for the Dealbreaker newsletter

    Subscribe to our free daily email and get breaking news, financial headlines, commentary, and analysis from Dealbreaker.

    — Advertisement —

    Comments (28)

    1. 1
      Posted by guest | January 30, 2009 at 10:18 AM

      £5250? Should be enough to buy a bag’o fish and chips tonight. Right on brothers!

    2. 2
      Posted by guest | January 30, 2009 at 10:21 AM

      They could start payments on cosmetic dental procedures!

    3. 3
      Posted by guest | January 30, 2009 at 10:22 AM

      With numbers like that, I suddenly don’t feel too badly about being stuck consulting in NYC

    4. 4
      Posted by guest | January 30, 2009 at 10:23 AM

      too british, couldn’t finish

    5. 5
      Posted by guest | January 30, 2009 at 10:24 AM

      Has anyone seen the bonus shedge-ual?

    6. 6
      Posted by guest | January 30, 2009 at 10:28 AM

      how do we know the uk numbers but still not the us?

    7. 7
      Posted by guest | January 30, 2009 at 10:33 AM

      @6
      this whole interweb thing is amazing, isn’t it?

    8. 8
      Posted by guest | January 30, 2009 at 10:34 AM

      one of my friends told me everyone in their group was happy – considering everyone else was down 50-75%, CS actually had modest increases 15%

    9. 9
      Posted by guest | January 30, 2009 at 10:35 AM

      so brief, made me queefe

    10. 10
      Posted by guest | January 30, 2009 at 10:38 AM

      Does anyone know how Jared from Subway has fared thoughout the financial crisis? I haven’t seen him on any commercials lately. All I ever see are fat people singing about 5 subs for 5 dollars.
      My fear is that he was laid off and gained back all that weight he worked so hard to lose.

    11. 11
      Posted by guest | January 30, 2009 at 10:40 AM

      Jared is working for Timmy Geithner now.

    12. 12
      Posted by guest | January 30, 2009 at 10:49 AM

      @10: didn’t you just post this and get slammed on the Madoff penthouse sale thread? Try some new thoughts.

    13. 13
      Posted by cy | January 30, 2009 at 10:54 AM

      President Obama is giving Jared $1 billion and a mandate to consume as many subs as humanly possible. Think of the job creation! Think of the stimulus!

    14. 14
      Posted by guest | January 30, 2009 at 11:26 AM

      too british, didn’t appease

    15. 15
      Posted by guest | January 30, 2009 at 11:33 AM

      too ethnic, didnt obama

    16. 16
      Posted by guest | January 30, 2009 at 11:38 AM

      too late, didnt first

    17. 17
      Posted by guest | January 30, 2009 at 11:40 AM

      obama thinks bonuses are evil

    18. 18
      Posted by guest | January 30, 2009 at 11:44 AM

      too swiss, didn’t cheese

    19. 19
      Posted by guest | January 30, 2009 at 11:51 AM

      @18 – ITS OLD AND NOT FUNNY ANYMORE

    20. 20
      Posted by guest | January 30, 2009 at 11:52 AM

      @18 – ITS OLD AND NOT FUNNY

    21. 21
      Posted by guest | January 30, 2009 at 11:52 AM

      @18 – ITS OLD AND NOT FUNNY. NEVER WAS

    22. 22
      Posted by guest | January 30, 2009 at 12:47 PM

      @19-21: But the ol’ triple-post, that scores a laugh any day.

    23. 23
      Posted by guest | January 30, 2009 at 1:06 PM

      bitches, PE in the house from london, with all that bankers gone broke this city is getting seriously cheap.. closed end funds bitches or the end of your funds is close…

    24. 24
      Posted by guest | January 30, 2009 at 2:36 PM

      After all the gloom-and-doom talk…. my fiancee at CS in NY got the same bonus she got in 2007. She was thrilled!

    25. 25
      Posted by guest | January 30, 2009 at 3:45 PM

      @24, 1st Year ex-stripper numbers?

    26. 26
      Posted by american bandersnatch | January 30, 2009 at 4:32 PM

      @24 – key is to pick the right firm to work at

    27. 27
      Posted by guest | January 30, 2009 at 4:35 PM

      not sure I believe those salary numbers – sound too low.

    28. 28
      Posted by guest | February 3, 2009 at 1:12 PM

      £5250 – stub or full? – ie. is that what was paid to those who started in July/August?

    Leave a comment

    You can log in with your account or comment as a guest below.

       or