UBS CEO’s pay slips to $1 million a month as Swiss bank’s top bosses pocket $113 million

UBS Chief Executive Sergio Ermotti, one of Europe’s best paid bankers, earned 12.5 million francs in 2019, down from 14.1 million in 2018 after the bank was hit with a multi-billion-euro court case and it missed earnings goals.

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Source:: Reuters – Business News