Financial Industry, Andrea Orcel | featured news

UBS banker gets $26m 'golden hello'

Andrea Orcel - BBC

The new head of UBS's investment bank Andrea Orcel received a $26m (£17m; 20m euros) "golden hello" in 2012, the bank's annual report has revealed. Mr Orcel is in the process of overhauling the investment business, with 2,000 job losses expected.

 

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