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Reuters scoops UBS compensation plans10.27.2009
Reuters was alone Oct 27 in reporting on UBS future strategy on bonuses, including a plan to hike base salaries and link bonuses to key performance indicators. Minutes after the story, which was based on an internal memo, went live, Swiss and international media were quoting Reuters on their websites. Dow Jones was forced to ask UBS for confirmation of the Reuters story but could not obtain the memo. |
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