Credit Suisse

So he was late on some payments, so what? So his lawyer even admits to feeling awkward arguing this case, so what? That woman is not seeing another dime! Continue reading »

Just because UBS is trying to get away from the whole ‘tax evasion’ specialists branding doesn’t mean this betrayal hurts any less. Continue reading »

Apparently they were unaware Swiss banks aren’t supposed to do that anymore. Continue reading »

As you know, there are two types of financial services organizations- those that emerged from the financial crisis as winners (John Paulson comes to mind) and those that did not (a category that would include firms like Lehman Brothers, if you want to get really judgey). Where did Credit Suisse fall? JPMorgan has some thoughts. Continue reading »

The Swiss are trying something new this year. It’s called four-figure bonuses if you’re lucky. Continue reading »

Okay, that’s not entirely fair- employees will receive some of the cash they earned in 2010 this year, some in 2012, a little in 2013, and the remainder of the payout in 2014 (all of which is subject to a clawback clause). Sound like fun? It’s the Swiss bank’s take on tantra. Continue reading »

Cuts at the other Swiss bank continue. Continue reading »