Reported 3 days ago
UBS CEO Sergio Ermotti's 2024 compensation remains under scrutiny as it totaled 14.9 million Swiss francs amidst ongoing debates about bank regulations in Switzerland. Even as the bank grapples with the fallout from acquiring Credit Suisse, some politicians have criticized the salary, suggesting it is excessive and contributes to societal inequality. Despite the criticisms, Ermotti's earnings have been kept relatively stable compared to previous years, and UBS emphasizes the need for informed public discourse on banking risks.
Source: YAHOO