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Tag: Credit Suisse

It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse. By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse. By the end of the year,...

Swiss Banking Giant’s CEO’s Comeback Earns Him Mouthwatering $15.9 Million Paycheck

UBS CEO Sergio Ermotti received a $15.9 million compensation package in 2023, after he returned to lead the bank's merger with Credit Suisse. The bank's total executive board compensation increased to $159.5 million, with bonuses being reduced by 14% to $4.5 billion. Despite facing merger-related expenses, UBS has performed well, with its stock price rising since Ermotti's return.

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