Credit Suisse Chairman Discusses Banker Pay (CS)

Credit Suisse Group CS Chairman Hans-Ulrich Doerig said today that he's going to step up the argument for banker pay through a variety of means, prior to the company's shareholder meeting, which is scheduled for April 29. "We are aware that pay remains a controversial topic, and we take concerns seriously and include them wherever possible," Doerig said in a taped message on the company's website. "Encouraging shareholders, particularly retail shareholders of which we have many, to participate in the annual general meeting has been a concern for our chairman for many years. This is part of our efforts for best corporate governance," a Credit Suisse spokesman said. Shares of Credit Suisse are up 55 cents in pre-market trading to $43.06, a gain of 1.3%.
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