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UBS JOB CUTS
How Dubai is trying to bring tourists and investors back after months of regional tensionsDubai convened business leaders following Iran's strikes to mitigate economic fallout, pledging $681 million in support. While a preliminar...
Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
UBS plans to hire 3,000 new roles in India as it axes jobs in SwitzerlandUBS is set to hire up to 3,000 individuals in India. This expansion includes a new site in Hyderabad, aiming to add 2,000 to 3,000 roles. T...
UBS may cut further 10,000 jobs by 2027: ReportSwiss bank UBS might reduce its workforce by another 10,000 employees by 2027. This move follows its acquisition of Credit Suisse. UBS stat...
UBS has cut 10,000 jobs since Credit Suisse takeover in 2023UBS Group AG has decreased its workforce by more than 10,000 employees since acquiring Credit Suisse, aiming to integrate the former rival ...
Credit Suisse sheds nearly 13% of workforce this yearCredit Suisse has reduced its workforce by nearly 13% this year, with the number of employees falling to 33,968 at the end of June. The ban...
After Credit Suisse takeover, UBS begins cost drive by axing 3,000 Swiss jobsUBS also announced it would be keeping Credit Suisse's domestic bank - and the ensuing job losses are expected to result in a backlash in S...
Credit Suisse Hong Kong investing banking job cuts, targeting 80%, start this weekAround 80% of Credit Suisse's Hong Kong-based investment banking staff will be laid off starting this week as part of its integration with ...
Swiss bank UBS to cut 35,000 jobs after Credit Suisse rescue: ReportCredit Suisse had a staff of around 45,000 before it nearly collapsed on investor fears about its solvency, which prompted a massive bailou...
UBS to start Credit Suisse Asia investment banking job cuts in July: SourcesUBS completed its emergency takeover of embattled rival Credit Suisse last week, forging a Swiss banking and wealth management giant with a...
Up to 36,000 jobs may go in UBS-Credit Suisse merger: ReportsThe takeover by UBS of Credit Suisse was hastily arranged by the Swiss government on March 19 to prevent a global financial meltdown, follo...
Credit Suisse’s 9,000 job cuts are foretaste of UBS takeoverUBS Chairman Colm Kelleher said it’s too soon to know a job-cut number, but UBS indicated it will be significant. The firm said in a statem...
UBS to cut 10,000 jobs worldwide; India to have impactSwiss banking major UBS will slash 10,000 jobs worldwide, including some in India, as part of massive cost cutting measures.
- IT majors vie for slice of UBS' offshoring contract
Switzerland-based banking and wealth management firm UBS is considering outsourcing about 5,000 jobs over the next two years, according to ...
UBS mulls outsourcing 5,000 jobs in two yearsBusiness for IT vendors as India may corner a major chunk of jobs
- UBS sells Brazilian arm for $2.5 bn
Troubled banking giant UBS AG sold its Brazilian business on Monday for about $2.5 billion to BTG Investments in an effort to reduce risk a...
- UBS says lost $1.75 bn in first quarter, to cut 8,700 jobs
Switzerland's biggest bank UBS on Wednesday said it lost about two billion francs (1.32 billion euros, 1.75 billion dollars) in the first t...
- Swiss banks to announce massive losses: report
Two of Switzerland's largest banks, UBS and Credit Suisse, are set to announce combined losses for 2008 of 29 bn Swiss francs later this we...
- Thousands more job cuts at to come UBS: Report
Switzerland's biggest bank UBS, which has been hurt badly by the United States subprime crisis, will slash up to 4,500 more jobs.
- Swiss bank UBS to cut 8,000 jobs: Report
Swiss banking giant UBS on Monday declined comment on a report which claimed that the group, currently the worst-hit financial institution ...