Credit Suisse Group on Friday said departing chief executive Brady Dougan received a pay cut for 2014, a year when the Swiss bank struggled to maintain its profit as it was dogged by legal issues.
Zurich-based Credit Suisse said on Friday that Dougan, who has led the bank since 2007 and is due to step aside at the end of June, received Sfr9.7 million ($9.8 million) in total compensation for 2014, compared with Sfr9.79 million in the prior year.