World news – Credit Suisse pays juniors a lifestyle bonus of US $ 20,000

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Credit Suisse is paying its junior investment bankers a one-time bonus of around $ 20,000 as a thank you for handling the enormous deal flow during the pandemic.

The Swiss bank is also increasing salaries for employees at director level and below to recognize their work during the « unprecedented volume of business, » the bank said in a statement.

Ref: https://www.fnlondon.com

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