The value of a Wall Street bonus at the time of the award often ends up being far different than what bankers collect several ...

In mid-December, Bloomberg reported that UBS (UBS) sought to claw back hundreds of millions of dollars in cash bonuses that Credit Suisse handed out to retain dealmakers before the lender collapsed.

The PUK report also argued that financial incentives in the sector should not be skewed after noting that bonuses paid out to Credit Suisse's management between 2010 and 2022 exceeded the bank's ...