<story><title>Credit Suisse confirms 50% bonus cut, Zero for Exec, amid terrible results</title><url>https://www.efinancialcareers.com/news/2023/02/credit-suisse-bonuses</url></story><parent_chain></parent_chain><comment><author>thwayunion</author><text>Credit Suisse is in free-fall. Down 83% in fixed income sales and trading. Down 95% in  equities sales and trading. Down by half in M&amp;amp;A. On trial for cocaine dealing.&lt;p&gt;A bank losing all its income and going down in a criminal probe into a coke dealer. It&amp;#x27;d be a good SNL skit if there weren&amp;#x27;t so many lives on the line.&lt;p&gt;It&amp;#x27;s amazing a bonus pool exists at all.</text></comment>
<story><title>Credit Suisse confirms 50% bonus cut, Zero for Exec, amid terrible results</title><url>https://www.efinancialcareers.com/news/2023/02/credit-suisse-bonuses</url></story><parent_chain></parent_chain><comment><author>rqtwteye</author><text>“ It has, however, increased salaries.”&lt;p&gt;These guys can’t lose. They either win or win big time even while running their company into the ground. Time for some government bailouts so they can go on a luxury retreat like AIG execs did in 2008.</text></comment>