UBS will pay 2014 bonuses in AT1

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UBS will pay 2014 bonuses in AT1

UBS said it would pay part of its 2014 bonus pool in additional tier one (AT1) capital, following two previous years of paying bonuses in tier two. It plans to issue around Sfr2.5bn ($2.9bn) of AT1 to its employees over the next five years.

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