Wealth and Asset Management
UBS Brings in Fixed Bonuses for 10,000 Corporate Center Staff
UBS Group AG scrapped variable bonuses for about 10,000 employees at its corporate center, and instead will pay them about 1 percent of their annual salary. Igor Moser, a spokesman for the lender, confirmed the change, which was first reported by newspaper Sonntagszeitung. Employees who would have seen their total…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Bloomberg