Wealth and Asset Management
UBS Traders See 2021 Bonuses Decline About 10% on Archegos Hit
UBS Group AG traders will see their bonuses for last year decline by about 10% on average after the bank’s markets unit took an $861 million hit from the collapse of prime brokerage client Archegos Capital Management, according to people familiar with the matter. The overall bonus pool for employees…
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Click here to read the full story: Bloomberg