London jobs at stake as UBS considers cutting over half of Credit Suisse’s workforce

London jobs at stake as UBS considers cutting over half of Credit Suisse’s workforce

City A.M.

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UBS is reportedly planning to cut over half of Credit Suisse’s workforce as it completes its takeover of the Swiss bank. The newly merged banking behemoth is planning on reducing its headcount by as much as 35,000 people in an attempt to cut costs, Bloomberg reported.  Credit Suisse currently employs around 45,000 people. UBS is [...]

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