UBS CEO Ralph Hamers of Swiss bank UBS addresses a news conference in Zurich, Switzerland February 20, 2020.
UBS CEO Ralph Hamers received a pay hike for 2022.
  • UBS gave CEO Ralph Hamers an 11% pay hike in 2022, taking his pay to $13 million.
  • But the Swiss bank cut the bonus pool for its employees by 10% to $3.3 billion.
  • UBS' full-year profits rose in 2022 even amid a challenging deal-making environment.

Swiss bank UBS gave its CEO an 11% pay hike in 2022 — even as it cut the bonus pool for the rest of the company by 10%.