10,000 staff face the sack at UBS

10,000 staff face the sack at UBS

Sydney : Canada | Oct 28, 2012 at 11:18 AM PDT
Source: Sydney Morning Herald
Views: Pending
Chief executive Sergio Ermotti is overhauling the bank as Swiss regulators pressure UBS and Credit Suisse Group AG to boost capital and scale back trading and investment-banking operations. Like rival securities firms, UBS has been struggling to boost profitability as client activity and trading... FULL ARTICLE AT Sydney Morning Herald
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