The former head of investment banking for EMEA at Credit Suisse will receive a stock bonus worth about US$45m in today's terms from his new employer over the next seven years, according to a regulatory filing.
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Credit Suisse has sued its former Vice President of emerging markets, Agostina Pechi, claiming she stole the bank’s trade secrets in a bid to win clients for her new employer, Goldman Sachs.
Here's a trip down memory lane. The text of a memo sent to investment banking support staff over at DLJ in 1994.