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UBS Plans Lay-Offs In Cuts To Investing Business
ubs is among the banking institutions in europe that can sleep more soundly these days , as the swiss bank holds a good amount of capital requirements to meet the ecb’s standards t thursday ubs took a further measure to distance itself from the euro zone’s bad assets by moving away from its investment banking business t the company also said it will reduce its employee force by 2,000 in four years .
ubs is among the banking institutions in europe that can sleep more soundly these days , as the swiss bank holds a good amount of capital requirements to meet the ecb’s standards t thursday ubs took a further measure to distance itself from the euro zone’s bad assets by moving away from its investment banking business t the company also said it will reduce its employee force by 2,000 in four years .
ubs appointed sergio ermotti chief executive , just days ahead of a meeting where it plans to tell investors it will shrink its investment bank and focusing on assets of wealthy clients .
ubs is among the banking institutions in europe that can sleep more soundly these days , as the swiss bank holds a good amount of capital requirements to meet the ecb’s standards t thursday ubs took a further measure to distance itself from the euro zone’s bad assets by moving away from its investment banking business t the company also said it will reduce its employee force by 2,000 in four years .
zurich (reuters) - ubs named mr sergio ermotti as its new chief executive officer (ceo) , making permanent the 51-year-old swiss banker's appointment as a temporary successor to mr oswald gruebel , who left the swiss bank in september following a us$2 billion (s$2.6 billion) rogue trading scandal .
zurich (reuters) - ubs named mr sergio ermotti as its new chief executive officer (ceo) , making permanent the 51-year-old swiss banker's appointment as a temporary successor to mr oswald gruebel , who left the swiss bank in september following a us$2 billion (s$2.6 billion) rogue trading scandal .
ubs is among the banking institutions in europe that can sleep more soundly these days , as the swiss bank holds a good amount of capital requirements to meet the ecb’s standards t thursday ubs took a further measure to distance itself from the euro zone’s bad assets by moving away from its investment banking business t the company also said it will reduce its employee force by 2,000 in four years .
ubs appointed sergio ermotti chief executive , just days ahead of a meeting where it plans to tell investors it will shrink its investment bank and focus on assets of wealthy clients .
zurich (reuters) - ubs named mr sergio ermotti as its new chief executive officer (ceo) , making permanent the 51-year-old swiss banker's appointment as a temporary successor to mr oswald gruebel , who left the swiss bank in sleeptember following a us$2 billion (s$2.6 billion) rogue trading scandal .
zurich (reuters) - ubs named mr sergio ermotti as its new chief executive officer (ceo) , making permanent the 51-year-old swiss banker's appointment as a temporary successor to mr oswald gruebel , who left the swiss bank in september following a us$2 billion (s$2.6 billion) rogue trading scandal .
ubs said it would resume dividends as it slashes risky assets in its scandal-hit investment bank by almost half t it is now refocusing on its core business of managing the assets of the world's wealthy .
ubs appointed sergio ermotti chief executive , just days ahead of a meeting where it plans to tell investors it will shrink its investment bank and focus on assets of wealthy clients .
ubs appointed sergio ermotti chief executive , just days ahead of a meeting where it plans to tell investors it will shrink its investment bank and focusing on assets of wealthy clients .
ubs provided long-awaited details on how it plans to shrink its investment bank by unwinding risky assets t it plans to cut 2,000 investment banking jobs .
swiss bank ubs has appointed sergio ermotti as its chief executive in the wake of an alleged $2.3bn rogue trading scandal .
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