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Bonus Watch '15: UBS Left Little Something Extra In Employees' Pockets

And it wasn't just one of those giant Toblerone bars.
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It turns out that turning a profit versus losing a bunch of money actually has an impact on payday.

UBS Group AG boosted its bonus pool and total pay for its chief executive for 2015, a year in which the Swiss bank benefited from a sharp uptick in its investment bank’s bottom line even as markets swooned in the period’s final months. Zurich-based UBS increased its overall bonus pool by 14% compared with a year earlier, to 3.5 billion Swiss francs ($3.6 billion)...UBS’s investment bank swung to a pretax operating profit of 1.9 billion francs in 2015, from a loss of 84 million francs a year earlier, as trading revenue grew and litigation expenses declined.

UBS Increases Bonus Pool, Total Pay for Chief Executive [WSJ]


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