This post was originally published on this site
In February, Credit Suisse Group reported that 2022 was its biggest annual loss since the 2008 global financial crisis after rattled clients pulled billions from the bank, and it warned that a further “substantial” loss would come this year.
Chief Executive Ulrich Koerner earned 2.5 million francs in 2022, including for his role at Credit Suisse before taking over as CEO in July.
Axel Lehmann proposed to voluntarily waive his chair fee of 1.5 million francs, bringing his total compensation for his first year as Chairman to 3.2 million francs.
($1 = 0.9129 Swiss francs)
