Credit Suisse promises to pay bonuses despite UBS rescue
The bank had SFr360mn of contingent capital awards outstanding at the end of 2022
Credit Suisse has told staff that it will continue to hand out bonuses and pay rises as planned this year, despite the bank having to be rescued by UBS in a SFr3bn ($3.25bn) deal over the weekend.
Shortly after the Swiss lender was saved from bankruptcy on Sunday night, chair Axel Lehmann and chief executive Ulrich Körner reassured employees in a memo that they would still be paid on Friday.
瑞信周日晚从破产边缘获得拯救后不久，董事长阿克塞尔•莱曼(Axel Lehmann)和首席执行官乌尔里希•科尔纳(Ulrich Körner)在一份备忘录中向员工保证，他们仍将在周五获得支付。
“We will pay salary and bonus, where outstanding, as per the previously communicated schedule . . . [and] we will continue to allocate for a 2023 performance bonus for those eligible,” the pair said in an internal email seen by the Financial Times. “We will continue to honour our obligations and already communicated salary increases will still be effective from April 2023.