Top credit traders quit UBS amid bonus row

By Mike Peterson

UBS has lost several of its leading credit traders this week

Subscriber-only article

This article is available only to Creditflux subscribers and free trial users within 30 days of publication.

Already a subscriber? Not logged in? Click here to login.

If you have not already done so,
you may request a FREE TRIAL by clicking here

This trial will give you:
  • 4-weeks' free online access to our
    most recent subscriber-only articles
  • Daily breaking news alert sent by email
  • A print copy of Creditflux

If you currently have a free trial, you will see this message when you try to view articles older than 30 days.

TAGS: High yield bonds People Leveraged loans

Comment by: Anonymous. Posted 12 years ago [2011-10-03 09:32:44]

If they feel so strongly about it, they should quit.... but no sympathy when they realise there are very few jobs out there that match UBS's base salaries, let alone have any bonus potential...

Comment by: Anonymous. Posted 12 years ago [2011-10-02 19:44:46]

A new meaning to sharing the wealth .. the incentive for traders is to look out for number one, so sharing the wealth is simply not going to work.

Comment by: Anonymous. Posted 12 years ago [2011-10-01 14:46:37]

Bad things happen when the bonus pool goes to zero ....