UBS to Increase Investment Bank Salaries by Avg 9%

UBS to Increase Investment Bank Salaries by Avg 9% Play

May 31 (Bloomberg) -- UBS, the Swiss bank that said last year it would cut 10,000 jobs to boost profit, is now boosting investment bank salaries to catch up with rivals and retain employees, said three people with knowledge of the plan. Zeb Eckert reports on Bloomberg Television's "First Up." (Source: Bloomberg)

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