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UniCredit Is Set to Boost Bonus Pool by 16% After Record Year

(Bloomberg) UniCredit SpA is poised to increase its overall bonus pool for last year by about 16%, after the Italian lender posted a record profit and increased shareholder returns.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillStanChart Weighs Break Up of Corporate, Investment BankThe Brutal Reality of Plunging Office Values Is HereStocks, Bonds Reclaim Solid Ground After CPI Miss: Markets WrapPutin Seeks Revenge on a World Order He Once Wanted to JoinThe a ....

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Wells Fargo raises CEO Charles Scharf's 2023 pay to $29 million

The compensation consists of a base salary of $2.5 million and a total variable compensation of $26.5 million, which includes $6.6 million in cash and $19.9 million in long-term equity, the bank said in a regulatory filing. The bank's board expressed strong confidence in Scharf's leadership in "driving the continued transformation of Wells Fargo". Scharf's compensation for 2022 stood at $24.5 million. ....

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