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UBS layoffs: Next round of job cuts planned in Credit Suisse integration

UBS layoffs: Next round of job cuts planned in Credit Suisse integration

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. Signs of Swiss bank giant UBS bank are seen in Basel.(AFP) The layoffs are scheduled to take place in the...

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85 Swiss branches of UBS and Credit Suisse to shut, report says

85 Swiss branches of UBS and Credit Suisse to shut, report says

ZURICH, – UBS will close 85 branches in Switzerland of its combined operations with Credit Suisse by 2025 as part of its consolidation of its erstwhile rival, Swiss media reported on Friday. The Aargauer Zeitung said the closures would be where UBS and Credit Suisse branches stood in “immediate proximity”, and that a pilot phase...