Similar Stories to Swiss Bank Ubs To Cut As Many As 10,000 Jobs on Bing News

By JOHN HEILPRIN, Associated Press: Business
Tue, 10/30/2012 - 4:20am

GENEVA (AP) -- Swiss banking giant UBS AG is to cut as many as 10,000 employees, or some 15 percent of its staff, to drastically shrink its ailing investment bank....

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Topics:  geneva ap     swiss   ubs ag   cut   swiss bank   
BING NEWS:
  • BNP weighing up to 150 job cuts in Geneva to slash costs
    BNP Paribas is considering eliminating as many as 150 jobs in Geneva in a bid to cut costs and streamline its operations, according to sources familiar with the matter. Read more at The Business Times ...
    05/3/2024 - 2:02 pm | View Link
  • UBS Group (UBS) Plans to Reduce Cost in Asset Management Unit
    UBS Group AG UBS plans to reduce hundreds of millions of dollars in expenditure in its asset management division, per Reuters. The bank is looking into cost-cutting opportunities for the particular ...
    05/3/2024 - 5:43 am | View Link
  • UBS in Crosshairs, Big Oil's Buybacks: EMEA Earnings Week Ahead
    The recent selloff in UBS Group AG shares underscores the Swiss bank’s challenge to demonstrate its Credit Suisse Group AG acquisition is on solid ground. (Bloomberg) — The recent selloff in UBS Group ...
    05/2/2024 - 9:08 pm | View Link
  • UBS Capital Debate, Big Oil’s Buybacks: EMEA Earnings Week Ahead
    The recent selloff in UBS Group AG shares underscores the Swiss bank’s challenge to demonstrate its Credit Suisse Group AG acquisition is on solid ground.Most Read from BloombergSaudi Arabia Steps Up ...
    05/2/2024 - 8:31 pm | View Link
  • Exclusive: UBS weighs asset management overhaul to reduce costs, sources say
    UBS is weighing plans to cut several hundred million dollars of costs in its asset management division as the bank studies options for a business whose profit is under pressure, people with knowledge ...
    05/2/2024 - 12:23 pm | View Link
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