ZURICH, March 21 (Reuters) - Swiss authorities imposed curbs on bonus payments for Credit Suisse (CSGN.S) employees, a move that will penalise bankers after a multi-billion-franc state rescue of the bank.
Credit Suisse declined to comment.
Battered by years of scandals and losses, Credit Suisse for months had been battling a crisis of confidence.
The bank's bonus pool shrank by 50% in 2022 to 1 billion Swiss francs, according to its annual report.
The Swiss government also instructed its finance ministry to propose further measures on variable remuneration for Credit Suisse.