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Swiss bank UBS to cut 10,000 jobs, or 16% of workforce, by 2015
Swiss bank UBS will cut 10,000 jobs as it exits from its fixed-income trading business and tries to cut costs and concentrate on wealth management. The Zurich, Switzerland-based institution, which stated that it is “significantly reshaping its...
Tags: Business Enterprises, Unemployment, Banking, Investment Service, UBS AG
Oct 30, 2012
|Story| Los Angeles Times
