Bloomberg - New UBS Investment Bankers See Smaller Pay Gain on Promotion

MDs, Groupheads and IB Executives making multiple millions per year felt that recently promoted associates were making too much and will make 155k CHF instead of 175k CHF.

Not only is UBS banking pay not keeping up with inflation, but looks like nominal value decreasing as well.

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UBS hates their junior bankers more than any bank on the street

 

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