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Credit Suisse CEO got 34% raise last year

Brady Dougan earned Sfr7.77m, up from Sfr5.8m in 2011, as a reward for repositioning the bank in 2012

Credit Suisse Group rewarded chief executive Brady Dougan for repositioning the bank in 2012 with a 34% raise, a payday that comes against a backdrop of growing criticism of executive remuneration.

Dougan earned Sfr7.77m, up from Sfr5.8m in 2011, when he took a pay cut as Switzerland's second-largest bank slogged through a difficult year in which its stock price fell 41%.

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