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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.

 

Citigroup's Pandit receives $15m

Former chief executive of Citigroup Vikram Pandit receives $15m after resigning from the banking giant last month.

 

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