The value of a Wall Street bonus at the time of the award often ends up being far different than what bankers collect several ...
UBS Chief Executive Sergio Ermotti on Tuesday said it was currently premature for the Swiss bank to consider acquisitions as ...
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 ...
The Archegos debacle began rearing its head at the end of March, and within weeks, it became clear Credit Suisse was staring at more than $5 billion in losses and its prime brokerage business ...