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08 February 2012 UBS

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UBS 08/02/2012

05:15 : UBS cuts bonuses as it rebuilds reputation - UBS may pacify its Swiss audience, irked by big banking rewards, by announcing steep cuts to its bonus pool, but the bank is still struggling to keep a lid on its overall pay bill as high salaries weigh and it tries to retain key staff.
Source : independent-ie
01:02 : UBS to cut bonus payments by 60pc - Swiss banking group UBS said it plans to cut bonuses in its investment banking division by 60pc this year after posting a sharp fall in fourth-quarter profits.
Source : telegraph-co-uk
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