UBS Awards CEO Ermotti $17M Amid Political Scrutiny

What You Need To Know

• He is one of Europe’s best-paid bank leaders, but his full-year compensation has been cut since 2023.
• The total bonus pool at UBS for 2024 came in at $4.7 billion, compared with $4.5 billion for 2023.
• Attention on its compensation policy comes at a time when the bank is reliant on political goodwill with regard to its future capital requirements.