Wealth and Asset Management
UBS Plans 10000 Job Cuts in Overhaul
Switzerland’s largest bank, will cut as many as 10,000 jobs companywide as the trading business shrinks, a person with knowledge of the plan said. Many of the reductions will come in the trading businesses overseen by investment-bank co-head Carsten Kengeter and probably will occur over several quarters, said the person,…
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Click here to read the full story: Business Week