Swiss Bank UBS To Take Back Some Bonuses | WAMU 88.5 - American University Radio
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Swiss Bank UBS To Take Back Some Bonuses

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A trading scandal last year cost UBS more than $2 billion and pushed it into the red. The bank plans to take back some of that money, according to The Wall Street Journal. UBS's board of directors decided to take back half of stock-based bonuses awarded last year, if the bonuses exceeded $2 million.
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