UBS adopts new exec pay model, axes 2008 bonuses
ZURICH - Swiss bank UBS AG, under pressure at home to give up on hefty bonus schemes in the face of its poor performance, said on Monday it will introduce a more transparent pay system for top executives.
The bank, which is struggling in the sub-prime crisis and whose shares slumped to a new all-time low [...]
Posted on November 17th, 2008 under Singapore News |
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