CSFB may offer bonus guarantees

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People familiar with the plan said CSFB is finalising a scheme designed to create a sense of partnership in CSFB's top ranks following its acquisition of its rival, Donaldson Lufkin & Jenrette.

Exact details have yet to be decided, but it is understood the scheme would guarantee participants a bonus for at least the next two years. On top of this guaranteed minimum, they will share in a bonus pool that will vary according to the bank's performance.