Update 3-ubs To Slash 10000 Jobs In Fixed Income Retreat - Reuters

The GuardianUPDATE 3-UBS to slash 10000 jobs in fixed income retreatReutersUBS job cuts part of 3.4 bln Sfr cost-cut programme. * Shares up 5.2 pct after 7.3 pct jump on Monday. * Bank targets ROE of at least 15 pct from 2015. * UBS pledges 50 pct payout ratio after measures.

 

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