Credit Suisse is planning to overhaul the way it pays bonuses for its employees next year, a move that will tie compensation to longer-term risk-taking in the wake of the Archegos scandal.

The Swiss bank, which unveiled plans to largely shutter its prime services division and shift $3bn in capital away from its investment bank after a series of crises and scandals, will use so-called economic profit as a measure for calculating bonuses. This includes both actual costs and so-called opportunity costs, where a company has to decide between alternatives for using resources.