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