Morning Coffee – Who got paid what, exactly, at UBS? Goldman Sachs bankers lose on the bonus but gain on the shares
Whatever else happens in his career, Ralph Hamers will be able to take pride in the fact that he was partly responsible for the biggest quarterly profit ever reported in the history of banking. He was only CEO of UBS for five days of that quarter, admittedly, but he was in the top job when the acquisition of Credit Suisse was agreed, so in his ...