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Credit Suisse May Cut Bonuses by 60% After Writedown, SamS Says

Traders Magazine Online News, November 10, 2015

Roxana Zega

Credit Suisse Group AG, Switzerland’s second-biggest bank, may need to cut bonuses by as much as 60 percent this year because of losses incurred by a writedown, according to calculations made by Schweiz am Sonntag.

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