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Goldman Sachs Warns Traders Of Shrinking Bonus Pool Even As Trading Revenue Rises
Saturday, December 3, 2022 - 2:29pm | 419Leading global investment bank Goldman Sachs Group Inc (NYSE: GS) recently announced a shrinking year-end bonus for traders, despite seeing its trading revenue rising this year. Goldman’s annual trading revenue is $25 billion, and analysts estimate it will outdo last year...
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UBS Lowers 2011 Bonus Pool By 40%
Thursday, March 15, 2012 - 6:38am | 50UBS AG (NYSE: UBS) cut the bank's overall bonus pool by 40% for 2011. UBS lowered the bonus pool to 2.6 billion Swiss francs ($2.8 billion). In 2011, UBS' net profit declined to CHF4.16 billion, versus CHF7.53 billion in the year-ago period. UBS shares closed at $14.01 yesterday.
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UBS Lowers 2011 Bonus Pool By 40%
Thursday, March 15, 2012 - 5:34am | 50UBS AG (NYSE: UBS) cut the bank's overall bonus pool by 40% for 2011. UBS lowered the bonus pool to 2.6 billion Swiss francs ($2.8 billion). In 2011, UBS' net profit declined to CHF4.16 billion, versus CHF7.53 billion in the year-ago period. UBS shares closed at $14.01 yesterday.