Pay Is a Battle Ground as Bankers Don't Accept Cuts, Thiam Says

  • Thiam says investment bank is `structurally quite profitable'
  • Credit Suisse is shrinking investment bank, focusing on wealth

Credit Suisse Group AG’s Chief Executive Officer Tidjane Thiam said investment bankers are ready for a fight when it comes to compensation cuts.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.