Wealth and Asset Management
UBS cuts bonus pool by 17 pct, CEO makes $13.5 mln
UBS cut its bonus pool by 17 percent in 2016 to 2.9 billion Swiss francs $2.9 billion after full-year net profit almost halved at Switzerland's biggest bank. In its compensation report published on Friday, UBS also disclosed Chief Executive Sergio Ermotti received 13.7 million francs in total compensation for 2016,…
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