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UBS Lays Off 50 to 60 Traders in Asia

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UBS AG laid off between 50 and 60 traders in the past couple of days in Tokyo, Singapore and Hong Kong, a person familiar with the bank said, as part of the planned 10,000 job cuts globally that will focus the Swiss bank’s strategy on its private bank. Between 25 and…

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Click here to read the full story: The Wall Street Journal

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