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The Independent UK
The Independent UK
National
Jamey Keaten

BIZARRE: Swiss suspends bonus payouts to credit suisse staffers - You Need To See This

' KEYSTONE / ENNIO LEANZA

Switzerland's government said Tuesday that it's ordering Credit Suisse to temporarily suspend bonuses for employees after orchestrating a plan for the No. 2 Swiss bank to be taken over by rival UBS.

The Swiss Department of Finance says federal law allows the government to set “remuneration-related measures” in cases involving Switzerland's biggest banks.

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