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UBS Exclusive: Mounting Credit Suisse Problems Explained

UBS is actively seeking to reclaim hundreds of millions of Swiss francs in cash bonuses paid to Credit Suisse employees prior to their financial breakdown.

The UBS office headquarters in Zurich, Switzerland. PHOTO: Arnd Wiegmann/Reuters
The UBS office headquarters in Zurich, Switzerland. PHOTO: Arnd Wiegmann/Reuters

The bank has contacted hundreds of bankers and offered multi-year payment plans, in an effort to recoup some of the 1.2 billion Swiss francs ($1.38 billion) in restricted cash awards, which

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