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Up to 12,000 jobs at risk if UBS relocates: Swiss workers’ association

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As many as 12,000 UBS jobs in Switzerland could be at risk if tougher capital rules prompt the bank to relocate, according to the Swiss Bank Employees Association (SBPV). In a letter to lawmakers first published on Saturday (Oct 24) by newspaper NZZ am Sonntag, the association warned that a…

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