Credit Suisse CEO gets big pay hike

Swiss bank's profit rose sharply following restructuring

The chief executive of Credit Suisse Group AG received a 26% increase in total pay for 2013, a year in which the Swiss lender's profit rose sharply as it streamlined operations.

Zurich-based Credit Suisse said in an annual filing that total compensation for CEO Brady Dougan in 2013 amounted to Sfr9.79 million ($11 million), compared with Sfr7.77 million the year before.

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