UBS executives are considering cutting the group’s bonus pool in an effort to recoup some of the $2.3bn it lost in the alleged trading scandal. The Swiss bank last month said that 90 percent of its third quarter revenues would be set aside for pay and bonuses, a move that was widely criticised by analysts who said that it appeared the bank was seeking to push the cost of the trading scandal on to shareholders rather than its own employees. Now Sergio Ermotti, the bank's chief executive has told the Financial Times that there was "no way" bonuses would be unaffected by the shock trading loss.  The decision could end up cutting the investment bank's year end pay and bonus pool - by as much as 10 percent accordig to some estimates.  One option being discussed with UBS’s board was taking a specific lump-sum hit to the bonus pool at the year-end, rather than clawing back previous years’ bonuses or lowering pay-outs over several years.