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UBS ups bonus pool and total pay for chief executive

Swiss group benefited from a sharp uptick in profit at its investment bank in 2015

UBS raised its staff bonus pool for 2015
UBS raised its staff bonus pool for 2015

UBS boosted its bonus pool and total pay for its chief executive for 2015, a year in which the Swiss bank benefited from a sharp uptick in its investment bank’s bottom line even as markets swooned in the period’s final months.

Zurich-based UBS increased its overall bonus pool by 14% compared with a year earlier, to Sfr3.5 billion ($3.6 billion).

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