UBS' investment banking bonus pool in Asia Pacific to drop 15%

The bank's 66% drop in profits last year is taking its toll on bankers.

Bloomberg reports that UBS Group AG’s Asia-Pacific investment-banking bonus pool fell about 15 percent after profit at the division slumped in the region in 2016, according to a person with knowledge of the matter.

The decline compares with a strong previous year, when the pool rose 20 percent, the person said, asking not to be identified because the figures are confidential. Bonuses for high-performing junior bankers in 2016 were mostly flat or fell by a single-digit percentage, the person added.

Read Bloomberg's full report here.

Also Read

Mizuho teams up with Mercer to offer outsourced CIO services in Japan

Banks feel pressure from private credit

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit