UBS staff could see bonus cuts linked to traders loss

21st November 2011, Comments 0 comments ZURICH, SWITZERLAND - Bonuses at Swiss bank UBS’s investment bank could be cut by up to 10 percent to help cover the CHF1.8 billion lost by rogue trader Kweku Adoboli earlier this year, new chief executive Sergio Ermotti has told the Financial Times. The bank was criticized after it published third quarter results 25 October, [...]

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