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]


Bonus Watch '13: UBS

Not everyone received a package that resulted in a nice long cry. Andrea Orcel, for example, did pretty okay for himself.

Bonus Watch '12: UBS

Numbers for first and second year analysts (who are not happy). "It's been two weeks since UBS numbers came out and nobody wants to talk about it, for obvious reasons. Second years (base: 80k) ranging 45-65k and heard of some first years getting around 40k (base: 70k). And they could only achieve these numbers ("in line with the street") after firing 30+ analysts right before communication day."