Credit Suisse CEO tops investment pay league - papers

Scott Sinclair
clock

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Industry has 'no confidence' in Rachel Reeves as chancellor

Industry has 'no confidence' in Rachel Reeves as chancellor

Named ‘worst chancellor in history’

Sahar Nazir
clock 21 January 2025 • 2 min read
Ombudsman rules against St James's Place over advice failures

Ombudsman rules against St James's Place over advice failures

SJP ordered to refund ongoing advice charges and pay compensation to client

Sahar Nazir
clock 21 January 2025 • 1 min read
Reeves to host meetings with financial services heavyweights over growth plans

Reeves to host meetings with financial services heavyweights over growth plans

First meetings in January and February

Sorin Dojan
clock 21 January 2025 • 1 min read