UBS paid up to poach Orcel but similar moves may become harder, FT says

theflyonthewall.com

UBS (UBS) paid Andrea Orcel, the head of its investment bank, nearly $26.2M after he joined from Bank of America (BAC), its annual report revealed, though making similarly high executive payouts may be more difficult in the future due to newly enacted Swiss rules, according to Financial Times.

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