Swiss private bank Julius Baer  has announced the compensation for its interim CEO, Nick Drechmann, amounting to 5.8 million Swiss francs (approximately 6.56 million dollars). This figure was revealed in the bank's recently published annual report, reflecting strategic shifts as the institution aims to strengthen its position in the financial market.

Recent reports indicate that the total compensation for Sergio Ermotti, CEO of UBS, reached 14.9 million Swiss francs (approximately 16.9 million dollars) last year. This figure raises pressing questions about the regulatory framework governing executive compensation amid ongoing political debates and public scrutiny. 

The recent decision by Deutsche Bank AG to significantly raise its bonus pool for 2024 has garnered attention from analysts and industry experts alike. Germany's largest lender has announced an allocation of €2.5 billion (approximately $2.7 billion) as variable compensation for its employees, marking the largest amount in the last decade. This decision stems from the bank's impressive performance over the past year and the introduction of new compensation strategies.