Credit Suisse Hikes Cash Bonuses For Top Bankers After Disastrous 2021

Rewarding bad performance usually gives rise to more of the same!!!

(ZeroHedge) For the last few weeks, the financial press has been replete with headlines about bankers getting generous raises. From JPM CEO Jamie Dimon - who was paid a new record annual sum close to $35 million - on down to the rest of the front office.

Well, just weeks after firing its chairman of just 8 months for daring to attend Wimbledon in defiance of the bank's COVID rules (among other misgivings), the bankers at Credit Suisse are learning that they, too, will be treated to an even larger bonus than they might have anticipated, despite 2021 being one of the bank's most disastrous years in recent memory.

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