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UBS mulls dealmaker bonuses for funnelling clients to wealth unit

The Swiss bank is looking to close the gap on US private banking rivals

UBS CEO Sergio Ermotti is trying to catch US wealth managers following the acquisition of Credit Suisse
UBS CEO Sergio Ermotti is trying to catch US wealth managers following the acquisition of Credit Suisse Photo: Stefan Wermuth via Getty Images

UBS is considering offering its investment bankers a special bonus when they refer clients to its wealth management unit.

The Swiss bank would offer payments to dealmakers in Asia and Europe who successfully attract assets to its wealth unit, according to Bloomberg, which cited people familiar with the matter.

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