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Bonus Watch '10: UBS

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Last Friday, a junior rainmaker at the house tax evasion built suggested a raw deal was being dealt to first years re: bonuses, with top buckets taking home $55k. Today, one of his colleagues suggest such is not the case.

Bess-- the UBS bonus number is wrong. I don't know about 2nd years, but for 1st year, it's 110 for top bucket, 95 for second and 80 for third.


Bonus Watch '13: UBS

...employees will get their bonus numbers when management feels like giving them their bonus numbers!

Bonus Watch '13: UBS

The Swiss bank will reportedly announce today that it's going to be doing things a little differently around here re: compensation. One, deferrals will start at $250,000 and two, rather than being paid in UBS stock, the non-cash portion of 6,500 senior employees' bonuses will come in the form of subordinated debt that can and will be wiped out in the event the amount of capital on hand falls below the level required by EU regulators, putting the onus on everyone to make sure no one pulls an Adoboli and avoids multi-billion dollar fuck-ups in general.