Sergio Ermotti might be wanting ahead to Mixed emotions on April tenth. That day this 12 months’s UBS shareholders’ assembly, which the 64 -year -old Swiss leads, takes place in Lucerne. At the assembly, Ermotti will definitely be some reward. After all, the troublesome integration of the Credit Suisse taken two years in the past has been progressing properly. And the outcomes that Zürcher Großbank achieved final 12 months have been higher than anticipated. But one factor is prone to have a lot of shareholders indignant: Ermotti’s wage. As might be seen from the annual report revealed on Monday, this quantities to CHF 14.9 million in 2024 (CHF 15.5 million). The Ticino is among the high earners in Europe. The head of Deutsche Bank, Christian Sewing, broke 9.75 million euros final 12 months.
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