In these days of austerity in addition to relative stress about having debt, many people balk about the idea of having a credit card to make purchase of merchandise as well as pay for a holiday, preferring, instead only to rely on the particular tried along with trusted approach to making repayment – raw cash. However, if you possess cash there to make the purchase in full, then, paradoxically, this is the best time for them to use the credit cards for several causes.
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Bonus Watch ’16: Credit Suisse CEOs
Like many a Credit Suisse employee, Thiam will see his bonus chopped (though in his case the slashing is voluntary).