15 mai 2025|
AI
|7 months agoCourt Rules Credit Suisse Bonus Cuts Unlawful
Federal Administrative Court overturns finance ministry's decision to slash bonuses of former Credit Suisse executives, citing constitutional property rights.
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Generated IllustrationKey Takeaways
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- Federal Administrative Court overturned finance ministry's decision to cut Credit Suisse executive bonuses
- 12 former Credit Suisse executives filed a joint appeal against bonus cuts
- Bonus claims were protected by constitutional property rights
- State aid to Credit Suisse ended by August 11, 2023
By The Numbers
3
Management levels affected by bonus cuts
12
Number of executives who appealed
They Said
"The affected bonuses were bindingly guaranteed claims arising from an employment contract"
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Court Overturns Credit Suisse Bonus Cuts
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Legal Basis and Constitutional Rights
3
Impact and Implications
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