Swiss Must Save UBS’s Bonus Pool or Die Trying: Jonathan Weil

Sept. 22 (Bloomberg) -- Ever since UBS AG disclosed its latest gigantic loss, due to a supposedly rogue trader in London, the financial press has been obsessed with digging out trivial details, such as what the scandal means for the future of global banking regulation and whether it will cost UBS Chief Executive Officer Oswald Gruebel his job.

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