Bankers

"This Is Part Of Our Solidarity" – Credit Suisse CEO Says Bankers Are Duty-Bound To Accept Bonus Cuts

Moreso than its crosstown rival, UBS, Credit Suisse has had a difficult couple of years. Negative interest rates have made life difficult for European banks in general. But in 2019, Credit Suisse’s board decided to axe CEO Tidjane Thiam, after several of his subordinates were forced out before him, as a tawdry scandal involving corporate…

Citi’s Corbat Concerned Working-From-Home Could Harm ‘Long-Term Productivity’ As Bankers Pull 7-Day Weeks

As Wall Street deal flow continues to rage and top JPM executives inform M&A analysts that they won’t be getting much of a Christmas break, outgoing Citigroup CEO Michael Corbat has just become the second top banker to express doubts about the shift to working from home vs. the office – at least, as far…