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C Suisse pay plan sees opposition at home

Flag Of Switzerland

A Swiss investor adviser group said Credit Suisse shareholders should vote against the bank’s 2017 compensation plan, splitting with overseas advisers that backed changes made following uproar last year.

Reuters - Wells Fargo faces $1bn fine

Money On Hook

Two U.S. regulators have proposed Wells Fargo pay $1bn in penalties to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank, overshadowing its first quarter results.

Bank earnings are coming, and they're going to be huge

Skyscrapers - Wall Street

As Wall Street's financial giants get set to report first-quarter earnings and provide a look ahead for the days to come, hopes are high. Corporate profits overall are expected to have risen 17 percent for the three-month period, but the financial sector has drawn especially keen interest.

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Tidjane Thiam

C Suisse investors happy on pay

As investors turn more positive on Credit Suisse’s turnaround plan, they’re also lifting the siege on the board over the bank’s compensation policy.

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