UBS confirmed yesterday its performance-related bonus pool is 10 percent less than last year—at about 4.3 billion francs. Switzerland’s largest bank says the shrinking bonuses and more regulations will hurt its ability to retain top talent. But lower-level employees worry that changes in compensation rules will cut their pay and hurt morale. WRS’s Tony Ganzer has more:
Greenbacks for Golden Coins
The value of the U-S dollar has stumbled in recent years, making some people lose faith in the U-S economy, instead turning to more tangible forms of money. KJZZ’s Tony Ganzer reports on a trend bringing financiers, survivalists, and average Joes together in a modern Gold Rush.
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