UBS to slash more than half of Credit Suisse’s staff: report

UBS to slash more than half of Credit Suisse’s staff: report

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UBS is preparing a dramatic cull of Credit Suisse bankers in wake of its rescue deal for its Swiss rival. Bloomberg reports that more than 22,500 jobs are on the line, with UBS UBS, UBSG, planning three rounds of cuts as it integrates Credit Suisse into its business. Departures begin next month, a…

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