Credit Suisse increased payments for key staff to an average of CHF1.3m ($1.4m) in 2022, while slashing its overall bonus pool by 50% as it rolled out retention awards to a bigger number of employees in its investment bank.

Key employees, known as material risk takers and controllers — staff whose actions can impact the risk profile of the...

Credit Suisse hikes pay for key employees to $1.4m as bonus pool shrinks 50%

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