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Credit Suisse is braced for second shareholder revolt

Swiss bank clashes with governance giant ISS over board pay as annual meeting looms

Swiss banking group Credit Suisse has clashed with one of the world’s largest corporate governance firms for the second year running over boardroom pay.

ISS, which advises shareholders on how to vote on governance issues, urged investors to continue to reject the Swiss giant's remuneration report at its annual meeting on Friday.

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