Credit Suisse Hands Out $300 Million in a Month to Retain Talent

  • Awards in July come amid the bank’s third straight loss
  • More than 60 rainmakers have defected in past 18 months
Credit Suisse Replaces CEO as Losses Mount in 2Q
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Credit Suisse Group AG handed out more than $300 million in a single month to retain top bankers spooked by years of scandals, losses and an ongoing leadership shakeup.