tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

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 >>

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Read More on UBS:

Disclaimer & DisclosureReport an Issue

1