{
  "id": 14707043,
  "title": "Banken: Bonus-Streichungen für Credit-Suisse-Manager waren rechtens",
  "url": "https://urgent.news/2026/10/15/banken-bonus-streichungen-fur-credit-suisse-manager-waren-rechtens",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-15T13:24:33.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/finanzen/banken-versicherungen/banken-bonus-streichungen-fuer-credit-suisse-manager-waren-rechtens/100262574.html"
  },
  "original_language": "de",
  "account": "Zürich - The Swiss Federal Supreme Court has upheld the cancellation of bonuses for former Credit Suisse executives deemed lawful by the federal government. The highest Swiss court overturned an earlier 2025 decision by the Federal Administrative Court in favor of the Swiss government and UBS. The Federal Court ruled that the Swiss Banking Act provides sufficient legal basis for such intervention, allowing variable remuneration to be reduced or eliminated if a systemically relevant bank receives state aid. Credit Suisse faced a severe crisis in March 2023 and was taken over by its competitor UBS in a state-supported rescue operation. The Swiss Federal Department of Finance (FDF) subsequently ordered the cancellation of bonuses for the top three management levels of CS, either wholly or partially. With a state guarantee of 100 billion francs, the Federal Court deemed a strong public interest in this measure, finding it proportional. The staggered cancellation by management level was deemed proportionate.",
  "summary": "Nach der Übernahme durch die UBS wurden Boni für die obersten Führungsebenen der Großbank Credit Suisse gestrichen. Das Schweizer Bundesgericht bestätigt nun die Entscheidung.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}