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UBS Increases Bonus Pool 34% to 2.9 Billion Francs (Update1) - Bloomberg.com

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The bonus pool amounts to 2.9 billion Swiss francs ($2.7 billion), Andreas Kern , a spokesman for the Zurich-based bank, said by phone today. That compares with a 2008 payout of 2.16 billion francs in variable pay to staff, excluding U.S. brokers. Chief Executive Officer Oswald
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Dollar edges down vs. most rivals; gains vs. yen Currencies - MarketWatch

By Lisa Twaronite , MarketWatch The dollar index /quotes/comstock/11j!i:dxy0 ( DXY 80.16 , -0.14 , -0.17% ) , which tracks the greenback against a trade-weighted basket of six major currencies, fell to 80.091 from 80.309 in late North American trading on Monday. But most

Supermarkets agree to phase out leases

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More supermarket retailers have promised the competition watchdog to end a practice that prevents rivals from opening in the same shopping centre. In the case of existing leases, the supermarket groups will not enforce any restrictive provisions beyond five years after the commencement of
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Morgan Stanley Hires Goldman Sachs’s Lauto for Equity Trading - Bloomberg.com

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Feb. 3 (Bloomberg) -- Morgan Stanley , owner of the biggest brokerage firm, hired Anthony Lauto from Goldman Sachs Group Inc. to help lead the firm’s equity-trading business. Morgan Stanley Chief Executive Officer James Gorman , who succeeded Chairman John Mack as CEO at the start
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Bumpy ride the making of Qantas CEO

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"I believe we're in one of the best positions of any airline in the world" : Qantas CEO Alan Joyce. Photo: Peter Rae Alan Joyce, the diminutive Dubliner with the arresting smile, arrived in his dream job as Qantas chief executive in the midst of a nightmare for the airline. When
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