UBS Said to Boost Asia Investment-Bankers Bonuses by 10%

UBS AG is boosting annual bonus payments to investment bankers in Asia by about 10 percent for 2013, fueled by higher revenue from arranging sales of stocks and high-yield bonds, according to two people with direct knowledge of the matter.

While the pool of money to pay bonuses is rising 10 percent, some top performers will get larger increases and others could get less, one of the people said, asking not to be identified because compensation decisions aren’t public. Total compensation for star bankers, which includes salaries as well as bonuses, can exceed $2.5 million in the region, with most managing directors getting between $1 million and $1.5 million, according to two people briefed on the matter.