Executive Moves
Investment bankers suffer as UBS sheds 3,500 staff
Swiss banking firm UBS has become the latest bank to cut thousands of jobs around the world, although Britain will escape the brunt of the cuts. Zürich-based UBS, which employs 65,000 people worldwide, said on Tuesday it was cutting 3,500 jobs, with the investment banking and wealth management divisions bearing…
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Click here to read the full story: The Guardian