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Swiss bank to cap bonuses after large fourth quarter loss

Swiss banking giant UBS says it's capping bonuses to staff after a massive fourth quarter loss and rocky year. The bank posted a loss of about $2 billion for the fourth quarter.

http://www.ksdk.com/video/2144318171001/1/Swiss-bank-to-cap-bonuses-after-large-fourth-quarter-loss http://bcdownload.gannett.edgesuite.net/ksdk/35121359001/35121359001_2144321331001_th-51112510e4b071ef8eb6d370-767904723001.jpg?pubId=35121359001 Swiss bank to cap bonuses after large fourth quarter loss Swiss banking giant UBS says it's capping bonuses to staff after a massive fourth quarter loss and rocky year. The bank posted a loss of about $2 billion for the fourth quarter. lossnationalubs swiss bankNewsKSDKbusiness 01:03

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