FINRA’s National Fraud and Financial Crimes Detection Programs has sent 50 cases to the SEC involving potential fraud by public companies related to COVID-19. So reports Think Advisor.
Read more...
Securities and Exchange Commission Chair Mary Jo White is proposing a host of reforms for…
Read more...
The Financial Industry Regulatory Authority has warned its member firms that claiming IRA are free…
Read more...
While market bulls are understandably cheering the ongoing equity rally off of 2009 lows, the…
Read more...
Smart beta funds are one of the hottest trends on Wall Street and are generating…
Read more...
A recent Government Accountability Office report maintains that 401(k) providers…
Read more...
The Department of Housing and Urban Development has changed principal…
Read more...
Since the turmoil that seized the banking sector with the mid-March failure of Silicon Valley Bank, at least 21 advisors have left First Republic Bank, with 13 heading to Morgan Stanley. So reports AdvisorHub.
Read more...
Private equity group Reverence Capital Partners is courting suitors for a minority stake in wealth…
Read more...
The NFL Players Association has approved UBS to work with current and former players through…
Read more...
Estimated reading time: 0 minutes, 29 seconds
UBS Group has announced an 11% pay hike for CEO Ralph Hamers at the same time as the Zurich-based lender disclosed a 10% cut to its overall bonus pool. So reports Bloomberg.
Hamers’ 2022 compensation of 12.2 million Swiss francs ($13 million) made him one of Europe’s highest-paid banking CEOs.
The bonus pool shrank to $3.3 billion, UBS said in its annual report, amid lower revenue from dealmaking. The bank said in the report, “Ralph Hamers successfully led UBS through a challenging year and delivered good financial results despite significant headwinds due to geopolitical and macroeconomic developments.”
Add us to your Safe Sender list: We want to…
Progressive Media Group Subscription Agreement This agreement states the general…
While market bulls are understandably cheering the ongoing equity rally…
Welcome We’re glad you chose to visit a Progressive Media…