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Credit Suisse defends big bank | Activist News

Credit Suisse defends big bank

Reuters
April 30, 2010

Credit Suisse launched a defence of its big bank structure and the bonus culture on Friday and made its first top management change since the financial crisis.

he bonus structure “helped us manage through the crisis,” CEO Brady Dougan told shareholders at the bank’s annual meeting, and Chairman Hans-Ulrich Doerig added that calls to break up the banks in the aftermath of that crisis would be a “spectacular own goal.”

link -http://uk.news.yahoo.com/22/20100430/tot-uk-creditsuisse-ceo-b86c26b.html

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