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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,…
UBS Chief Executive Sergio Ermotti will leave the bank after retiring from his position later this year. He won’t become the chairman of Switzerland’s largest bank, as some observers had expected. Instead, Sergio Ermotti on April 17 will stand for election as…
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