UBS Group AG increased its bonus pool for last year by 10% as the Credit Suisse integration nears its end, while keeping Chief Executive Officer Sergio Ermotti’s compensation at the same level. The Swiss banking giant’s decision to boost bonuses reflects strong performance across its divisions and the successful completion of the major acquisition. Sergio Ermotti will again receive $19 million in total compensation, unchanged from the previous year.

This bonus pool increase comes as UBS finalizes the integration of Credit Suisse, a $3.2 billion deal that reshaped Switzerland’s banking landscape. The additional compensation signals confidence in the bank’s direction and rewards employees for navigating the complex merger. UBS has been working to streamline operations and realize synergies from the acquisition, with executives targeting $2.8 billion in annual cost savings.

The compensation decisions highlight UBS’s focus on retaining talent during a period of significant change. By maintaining Ermotti’s pay while increasing the bonus pool, the bank balances executive stability with broader employee rewards. This approach may help UBS retain key staff as it integrates Credit Suisse’s operations and culture.