Credit Suisse share price

Since Credit Suisse announced its bonuses on February 7th, its share price has fallen 30%, with a 15% decline in the past five days alone. If bonuses had been ...

At more junior levels, they didn't seem too bad: the [Litquidity salary and bonus survey](https://www.efinancialcareers.co.uk/news/2023/03/highest-paying-investment-bank) said US analysts and associates at Credit Suisse earned more than at US banks for 2022. If those bonuses had been paid in stock, things would have been painful. The cash bonuses have therefore helped isolate Credit Suisse employees from the falling share price after what was already a painful bonus round. If people depart CS within 12 months of receiving their bonus, the entire thing is [clawed back](https://www.efinancialcareers.co.uk/news/2022/03/credit-suisse-clawbacks) by the bank. [clawed back](https://www.efinancialcareers.co.uk/news/2023/02/traders-leave-banks-bonuses) - plus income tax - if you leave within three years. If bonuses had been paid in deferred stock, this would have been an issue.