Credit Suisse said today that chief executive officer Brady Dougan's total compensation last year more than halved to Sfr5.8m ($6.4m) to reflect the bank's weaker performance.

The highest paid executive at Credit Suisse in 2011 was Robert Shafir, chief executive officer of asset management, who earned Sfr8.5m out of a total executive board pool of Sfr70.2m.