Dougan discusses overhaul of Credit Suisse business model

03/19/2013 | Bloomberg

Since Brady Dougan became CEO in 2007, Credit Suisse has worked to realign the interests of bankers with those of shareholders. Dougan says the dynamic between banker compensation and shareholder returns will change once a revamp of the bank's business model is complete. "In the past few years, certainly, the shareholders have taken a bigger reduction in their returns than labour has within the business model," Dougan said. "That's not sustainable."

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