UBS executives to donate millions to coronavirus fight as CEO cautions over uncertainty
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ZURICH (Reuters) - UBS's most senior managers will each contribute the equivalent of three months' salary to fight the new coronavirus, Chief Executive Sergio Ermotti said on Thursday, as he cautioned over hopes for a swift recovery from the economic downturn caused by the epidemic.Ermotti has personally had contributed 1 million Swiss francs ($1.03 million) to efforts in his home canton of Ticino, which has suffered the brunt of the outbreak in Switzerland.The 13 members of UBS Group's..