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UBS to Raise Investment Bank Bonus Pool as Much as 20%

  • Overall variable compensation expected to be slightly up
  • Wealth bankers to see significant variations across regions
UBS Group headquarters in Zurich, Switzerland.

UBS Group headquarters in Zurich, Switzerland.

Photographer: Stefan Wermuth/Bloomberg

UBS Group AG is planning to increase the bonus pool for its investment bankers by as much as 20% after a surge in trading revenue helped Switzerland’s largest bank post the highest profit in five years.

Employees in the key wealth management unit will see variable compensation flat or slightly up from the prior year, with significant variations depending on the region, people with knowledge of the matter said, asking for anonymity because the figures aren’t public. The bank paid out about $2.7 billion overall in variable compensation in 2019.