The chief executive of Credit Suisse received $17.9m (£12m) in 2009, making him the best paid head of any investment bank on either side of the Atlantic.
American-born Brady Dougan, who has run the Swiss bank since May 2007, saw his total pay increase seven-fold last year as a result of the bank's return to profit, writes the Telegraph. He was paid a base salary of $1.16m with the remaining bonus falling due through long-dated deferred shares and options which could increase or decrease depending on the bank's performance. The total amount is just shy of the $20.7 Mr Dougan was paid in 2007, a record year for pay at the Swiss bank. Full story...
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