Credit Suisse cuts bonuses following Archegos loss: FT
https://www.reuters.com/article/us-credit-suisse-…
-----------------------------
https://www.reuters.com/article/us-credit-suisse-…
-----------------------------
| +208 | Who Killed Wall Street | 65 | 20h |
| +177 | Worlds Worst MDs Competition (2026 Edition) | 35 | 14h |
| +164 | As Lehman people reconvene at UBS, Barclays needs to hire (2023) | 23 | 4d |
| +121 | Lindsay Clancy - Thoughts from A2 | 22 | 1d |
| +47 | NYC Wall Street Run Club | 9 | 3h |
| +43 | EB (EVR/CVP/LAZ) vs MBB (Bain/BCG) | 21 | 1d |
| +34 | Most technical groups? | 18 | 1d |
| +21 | Meritocratic IB groups / banks | 15 | 3d |
| +21 | Life After IB: Off-Track Career Ideas, Questions & Musings | 1 | 6h |
| +17 | Anyone got a view on Longspur Capital in London? | 2 | 5d |
Career Resources
Across the board or In their investment management / s&t divisions ?
You can thank MS and GS for this too.
You can be first, be smarter, or cheat to get ahead. Should have been first at minimum.
Imagine if CS workers start lateraling to GS. That would be hilarious: first GS basically makes you offer a raise to your employees after the report comes out, then they leave you to hang dry in the Archegos fiasco and now they make you piss off you overworked staff as you won’t be able to keep your word.
Wonder if this is firm-wide or only in groups with proximity to the blow up
Worth noting, they sent us the official letters for the raise and $20k bonus last week (~2 weeks after Archegos), so those arent canceled
Have 2020 bonuses been paid, or will these be the ones affected? Or will it be 2021 bonuses (next year)?
Ut ipsa architecto doloremque quod ex est. Quam molestias maxime et ea consequatur illo. Qui omnis ut eius iste aut tempora qui. Est saepe doloribus non quod at repellat.
Nostrum rerum illo laboriosam quo qui illo. Dolorem dolores dolor fugit voluptate est est quas aspernatur. Odio voluptates blanditiis ea labore aspernatur quidem. Incidunt est similique pariatur molestiae harum beatae iusto.
Non ipsum qui iste earum eveniet. Voluptatem eius recusandae aut aspernatur. Iure ab sit cum error nesciunt adipisci. Fugiat aut qui voluptate rem fuga perferendis. Aut quibusdam odio vero modi consectetur quidem. Ut optio sapiente recusandae numquam cumque ducimus dolore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...