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UBS chief executive paid $9 million after revamp

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ZURICH (Reuters) – UBS paid CEO Sergio Ermotti almost $9 million and welcomed its new investment bank chief with a $26 million “golden hello” in 2012, the same year the bank announced plans to fire 10,000 staff in a cost-cutting drive.

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Post Published: 14 March 2013
Found in section: Finance, Politics