Peter Kurer

No Bonuses For 3 Years At UBS

Swiss weekly Sonntag reports that UBS will freeze bonus payments for three years and allow shareholders to approve manager pay packages. An official announcement from UBS on the terms of their revised compensation structure is expected Monday, with a full briefing for shareholders to follow on November 27. Since summer 2007 when they shut down

WSJ Checklist to Fix UBS

Today, the Wall Street Journal ran their latest round up of UBS woes. But it wasn’t so much the story itself that’s news but the checklist they ran in their print edition on the cover of the Money and Investing section. The checklist pretty much sums it all up. This is what is before new