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UBS Puts Some U.S. Bankers in «Penalty Box»

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The Swiss wealth manager is reportedly cutting rewards to U.S. brokers who don't produce as much as it would like them to. Zurich-based UBS is rolling out a new payout «grid» for its U.S. brokers, which eliminates some deferred pay, trade publication «Advisor Hub» reported, citing an internal document. Specifically,…

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Click here to read the full story: Finews.com

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