Dougan Sees Bankers Out-Earning Shareholders as Unsustainable

Dougan Sees Bankers Out-Earning Shareholders as Unsustainable

Valentin Flauraud/Bloomberg

Credit Suisse said last month it will seek an additional 400 million francs ($422 million) in cost savings by the end of 2015, on top of 4 billion francs in planned reductions announced since 2011.