UBS to Boost Fixed Pay, Cut Bonuses in Compensation Revamp
A customer parking sign stands at a UBS Group AG bank branch in Utzensdorf, Switzerland. (Photographer: Stefan Wermuth/Bloomberg)

UBS to Boost Fixed Pay, Cut Bonuses in Compensation Revamp

(Bloomberg) -- UBS Group AG plans to raise the fixed salaries for some of its more senior employees by as much as 20% in a move that may help reduce poaching and allow the bank to lower its bonus p...
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