UBS in 3,500 headcount cuts by end of 2013

GenevaLunch.com ZURICH, SWITZERLAND – UBS, Switzerland’s largest banks, will cut 3,500 jobs by the end of 2013, it announced Tuesday morning 23 August, in an effort to reduce expenses by CHF2 billion. The news has been expected for some weeks and, says the bank, is in line with its statement in July about costs. The cuts […]