UBS has kick-started a new promotion bonus for its junior bankers, and shifted payments to the summer in the latest efforts from the sector to avoid burnout among young dealmakers.
The Swiss bank has rolled out a series of new initiatives for analysts, some of which tackle workload and others that increase pay, according to an internal memo by co-heads of global banking Ros Lesperance and Javier Oficialdegui, seen by Financial News.
