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Published 14 days ago

UBS plans next round of layoffs in Credit Suisse integration, Bloomberg News reports

Summary by WTVB
(Reuters) – UBS Group is planning another round of job cuts after its takeover of Credit Suisse that is expected to affect over a hundred positions across the group’s global investment bank, Bloomberg News reported on Wednesday. The layoffs are scheduled to take place in the upcoming weeks, the report said, citing people with knowledge of the matter, adding that the job cuts are expected in the wealth management and markets units. UBS declin…

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