UniCredit ($UCG (+0,05%) ) plans to increase the total amount of its bonus pool after a record bonus pool for last year by around 16% increase.

Lower-ranking employees can expect greater gains than key risk takers and top managers, as part of the commitment bank's commitment to rewarding its "frontline" employees.

CEO Andrea Orcel wants to reward employees and retain talent after shares almost doubled last year. doubled in the last year.