US EditionBonus Dispute: Bad News for Former Credit Suisse Executives
6 Articles
6 Articles
The highest Swiss court has approved the requests of UBS and Bund for suspensive effect.
finews.com
finews.asiaBonus Dispute: Bad News for Former Credit Suisse Executives
The bonuses for employees from the top three management levels of the former Credit Suisse will not be paid out for now. The Swiss Federal Supreme Court has granted the appeals by the Swiss government and UBS against a Federal Administrative Court ruling suspensive effect.
The bonuses to the employees of the three top management levels of the former Credit Suisse are not paid out for the time being. The Federal Court grants the complaints of the Federal Government and UBS against a ruling of the Federal Administrative Court suspensive effect.
The Federal Court stops the bonus payment to the ex-CS top. For the time being, the top management levels will not receive any money after the Federal Administrative Court has approved the complaints.
he bonuses for persons of the three top management levels of the former Credit Suisse are not paid until the conclusion of the federal court proceedings. The highest Swiss court has approved the requests of UBS and the federal government for suspensive effect.
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