The following corporate finance-related stories were reported by media on Monday:* Credit Suisse Group AG will cut its bonus pool for 2012 by 20 percent to around 2.3 billion Swiss francs ($2.52 billion), the fourth year in a row the Swiss bank has slashed payouts, Der Sonntag newspaper reported on Sunday.
Credit Suisse Group AG (Credit Suisse) is a global financial services company. Shares of CS fell by 0.36% or $-0.1/share to $27.49. In the past year, the shares have traded as low as $16.09 and as high as $29.97. On average, 1698740 shares of CS exchange hands on a given day and today's volume is recorded at 1390953.
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