
Finance
2 min read
UBS Lifts Ex-CEO Sergio Ermotti’s Pay in Final Year
Swiss bank UBS lifted pay for outgoing CEO Sergio Ermotti by nearly 14 percent and granted its new CEO Ralph Hamers a $3.3 million bonus for four months of work. Zurich-based UBS paid Sergio Ermotti 14.2 million Swiss francs ($15.4 million) last year,…