UBS Cuts Bonus 2023 Pool by 14% After Deal, Trading Slowdown bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) — UBS Group AG cut its bonus pool for last year by 14% after a tougher year for deal-makers and traders, while elevating Chief Executive Officer Sergio Ermotti to the rank of best-paid European bank boss. Ermotti received 14.4 million Swiss francs ($15.9 million) in compensation for his first 9 months on the job,…
(Bloomberg) — UBS Group AG cut its bonus pool for last year by 14% after a tougher year for deal-makers and traders, while elevating Chief Executive Officer Sergio Ermotti to the rank of best-paid European bank boss. Ermotti received 14.4 million Swiss francs ($15.9 million) in compensation for his first 9 months on the job,…