tiprankstipranks
UBS CEO Hamers get 11% pay increase while cutting bonuses, Bloomberg reports
The Fly

UBS CEO Hamers get 11% pay increase while cutting bonuses, Bloomberg reports

UBS Group raised CEO Ralph Hamers’ compensation for last year by 11% while cutting bonuses for the rest of the firm after a challenging period, Myriam Balezou and Sonia Sirletti of Bloomberg reports. Hamers received $13M last year, which included a 9.7M francs bonus. Meanwhile, the overall bonus pool for the lender was cut 10% to $3.3B, the company said in its annual report. See Insiders’ Hot Stocks on TipRanks >>

Read More on UBS:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles