Swiss government freezes variable salary forms at Credit Suisse | – #Swiss #government #freezes #variable #salary #forms #Credit #Suisse

March 21 (Reuters) – Switzerland’s finance department has given Credit Suisse ( CSGN.S ) a variable rate for the bank’s employees labour has ordered the temporary suspension of certain forms of tax, the Swiss government said.

“This measure concerns awards already granted but deferred for the financial years up to 2022, for example in the form of share awards,” the Swiss Federal Council said in a statement.

Government, from the disposal of deferred payments which are already in the process of payment free said it was done.

The Swiss government also to the finance department additional measures regarding variable remuneration for Credit Suisse offer instructed to do.

Reporting by Shubham Kalia in Bengaluru Editing by William Maclean

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2023-03-21 20:54:29
Source – reuters

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