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UBS initiates job cuts in Switzerland

UBS Layoffs: Firm Cuts Hundreds of Jobs In Switzerland, Says Report

Banking and financial services firm, UBS Group AG has begun a series of job cuts in Switzerland, impacting both senior management and lower-level employees, according to a Bloomberg report, citing sources familiar with the matter.

Swissinfo · 2d

UBS releases ‘hundreds’ of staff in fresh wave of job cuts

Swiss bank UBS has begun a wave of job cuts in its home market Switzerland, with hundreds of employees receiving notice in recent weeks.

Hosted on MSN · 3d

UBS initiates job cuts in Switzerland following Credit Suisse integration - Bloomberg

UBS Group AG (NYSE:UBS) has started a series of job cuts in Switzerland, affecting both higher management levels and lower ranks, according to Bloomberg, citing individuals familiar with the situation.

Business Times · 9d

UBS CEO signals job cuts will continue in quest to lower costs

UBS Group chief executive officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit Suisse. Read more at The Business Times.

Seeking Alpha on MSN · 3d

UBS said to cut hundreds of Swiss jobs amid Credit Suisse integration

UBS Group (NYSE:UBS) is cutting hundreds of jobs in Switzerland, affecting several levels, as part of its integration of formal Swiss rival Credit Suisse, according to a media report dated Monday. Staffers can join a program offering up to one year to secure a new position within the bank,

Reuters18m

Higher capital requirements for UBS will raise costs for others, CEO says

"The fact that with today's regulation UBS is able to rescue CS (Credit Suisse) shows that the capital strength and regulation is good enough if it's implemented coherently and also communicated ...

American Association of Individual Investors3h

Which Is a Better Investment, KKR & Co. Inc. or UBS Group AG Stock?

Learn more about whether KKR & Co. Inc. or UBS Group AG is a better investment based on AAII's A+ Investor grades, which compare both companies' key financial metrics.

finews7d

Switzerland's Uncomfortable Relationship With UBS

Has UBS become too big a risk for Switzerland following its integration of Credit Suisse? Should the banking giant consider moving its headquarters abroad? finews.com editor-in-chief Dominik Buholzer ...

fintechmagazine7h

How UBS Deploys Microsoft AI Platform in Global Operations

UBS implements Azure-based assistant to 30,000 staff in Asian and European booking centres through enterprise-scale transformation programme ...

Long Island Press3d

UBS Arena where the space is also a star

For many years, the New York Islanders were a hockey team, if not without a home, without the kind of home its owners wanted.

finews3d

Credit Suisse AT1 Bond Disputes: Switzerland in the Hot Seat

The fallout from Credit Suisse’s collapse continues as lawsuits targeting Switzerland’s write-off of AT1 bonds intensify. A ...

Logitech (LOGI) Gets a Hold from UBS

In a report released today, Joern Iffert from UBS maintained a Hold rating on Logitech (LOGI – Research Report), with a price target of ...

Implicit state guarantee for UBS is worth billions, study says

Swiss bank UBS effectively benefits from a state guarantee that has reduced its costs by billions, a study from the ...

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