"This is just my expectation," he admits. We're emailing HR but are hearing nothing back."Īnother former MD suggests that deferred cash vesting should be ok and equity should be ok, but that the coco-based bonuses Credit Suisse awarded senior staff before 2022 will be zeroed. "Everyone that left has deferred shares locked in with Credit Suisse and we're waiting to find out whether those shares have been lost. "We have no idea what's happening," says one former Credit Suisse MD who was let go by the bank earlier this year. The fear is that any unpaid bonuses are now void. Following yesterday's Swiss government edict cancelling Credit Suisse's deferred bonuses, staff both inside and outside the bank are rushing to check the small print on their bonus documentation.
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