10/30/2012

UBS Lays Off 50 to 60 Traders in Asia

The job cuts were mainly in the Swiss bank’s fixed income, currencies and commodities unit, and involved traders as well as assistants and others, he said.

10/30/2012

New IMA chief executive named

Richard Saunders will remain with the IMA in an advisory capacity until the end of 2012 to assist with an orderly transition.

10/24/2012

Barclays' top management purge continues

The purge of Barclays' top management under its new chief executive has continued with the departure of the bank's group human resources director.