The company amended its compensation plan for next year by trimming payouts for lower-producing financial advisors.
Bloomberg reported that UBS (UBS) sought to claw back hundreds of millions of dollars in cash bonuses that Credit Suisse handed out to retain dealmakers before the lender collapsed.
Sources say the latest UBS bonus-protection plan involves nearly a dozen managing director-level leaders, who hold the key to relationships with customers in Asia-Pacific’s sixth-largest economy.
UBS is a leading global wealth manager with a team dedicated ... the hard way and how he ultimately took control of his wealth. Whether it’s from signing bonus or contract extension, it’s common for ...
Top women bankers at UBS have criticised Switzerland’s biggest lender over its practice of using their maternity leave as a reason for imposing long-term cuts to their bonuses, raising questions ...
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The only real question is why so few of the touted cost savings seem to be benefitting UBS’s reported operating expenses. To get investors firmly onside, the CEO will have to get far more of the ...