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C Suisse brokers score partial victory against the bank

Dollars

Dozens of former Credit Suisse advisers who have been fighting for their deferred compensation after leaving the bank last year scored a partial victory on Friday when the brokerage industry’s main regulator said member firms cannot make workers waive their rights to settle disputes in the regulator’s own arbitration forum.

If Sir Philip Green pays up in full, then maybe he can keep his gong

Sir Philip Green

The stinging report by two committees of MPs on the failure of BHS left two points hanging in the air. First, the MPs did not say how much Sir Philip Green, whose reputation was demolished over 59 pages, should pay to cover the shortfall in the BHS pension schemes. It merely said Green “has a moral duty to act, a duty which he acknowledges”.

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