{
Ulf Schneider

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debate over high salaries for bank managers intensifies in switzerland

Sergio Ermotti, UBS's CEO, earned 14.9 million francs last year, making him Europe's highest-paid banking manager, sparking renewed political debate over executive salaries. A recent motion proposes capping bank managers' salaries at 5 million francs, which could hinder talent acquisition in the financial sector. Critics argue that excessive variable pay encourages risky behavior, echoing concerns from past banking crises.
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Euro Swiss Franc United States Dollar Novartis AG Credit Suisse Strategic Income I UWS JP Morgan EM A OSB Nestlé S.A. The Goldman Sachs Group, Inc. Deutsche Bank RV Global PP DEU USA CHE Sergio Ermotti Ulf Schneider Vasant Narasimhan Daniel Vasella Jakob Stark Vincent Kaufmann Jonas Neff Show more
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12:40 17.03.2025
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