Wealth and Asset Management
UBS Quietly Reactivates Covid-Paused Cuts
The Swiss bank's digitization plans will cost thousands of jobs in the coming months. UBS CEO Ralph Hamers is set to reactivate a series of cuts it had paused when Covid-19 broke out. «Digitization always costs jobs,» Ralph Hamers said in October of 2016 when ING disclosed it would eliminate…
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