Community | February 11, 2010 | 0 comments

UBS TAKES BACK Banker Bonuses After 2009 Loss

source: http://www.bloomberg.com/apps/news?pid=20601087&sid=aXPA95YPD4.0&pos=5

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atomiclegion
Feb. 10 (Bloomberg) -- UBS AG's loss in 2009 will trigger the bank’s bonus claw back mechanism for the first time, depriving senior bankers of 300 million Swiss francs ($282 million) of deferred pay they were due to receive this year.


http://www.bloomberg.com/apps/news?pid=20601087&sid=aXPA95YPD4.0&pos=5
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