UBS initiates job cuts in Switzerland

UBS initiates job cuts in Switzerland following Credit Suisse integration - Bloomberg
UBS Group AG (NYSE:UBS) has started a series of job cuts in Switzerland, affecting both higher management levels and lower ranks, according to Bloomberg, citing individuals familiar with the situation.
UBS said to cut hundreds of Swiss jobs amid Credit Suisse integration
UBS Group (UBS) is reportedly cutting hundreds of jobs in Switzerland, affecting several levels, as part of its integration of formal Swiss rival Credit Suisse.
UBS releases ‘hundreds’ of staff in fresh wave of job cuts
Swiss bank UBS has begun a wave of job cuts in its home market Switzerland, with hundreds of employees receiving notice in recent weeks.
UBS to lay off nearly 3,000 employees post Credit Suisse takeover: Report
The impacted employees have been given an option to join a program that allows up to a year to find a new role within the bank.
UBS Takes Over Credit Suisse's Former Zurich HQ
The name and logo of the former Credit Suisse headquarters at Paradeplatz 8 in Zurich were officially replaced by those of UBS on Friday. The re-bra
UBS Layoffs: Firm Cuts Hundreds of Jobs In Switzerland, Says Report
Banking and financial services firm, UBS Group AG has begun a series of job cuts in Switzerland, impacting both senior management and lower-level employees, according to a Bloomberg report, citing sources familiar with the matter.
Higher Capital Requirements for UBS Will Raise Costs for Others, CEO Says
ZURICH (Reuters) - Imposing higher capital requirements on UBS as a systemically relevant bank will usher in higher costs for ...
finews3h
Postfinance, UBS, ZKB: The Most Important Messages from the CEOs
The heads of three of the four systemically important Swiss banks used an event in Zurich on Thursday to get their messages ...
UBS CEO Signals Job Cuts Will Continue in Quest to Lower Costs
UBS Group AG Chief Executive Officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic ...
Implicit state guarantee for UBS is worth billions, study says
Swiss bank UBS effectively benefits from a state guarantee that has reduced its costs by billions, a study from the ...
JPMorgan in Talks to Rent Credit Suisse’s Former Canary Wharf HQ
JPMorgan Chase & Co. is in negotiations to lease space at the Canary Wharf office that once housed Credit Suisse’s UK ...
finews4d
Credit Suisse AT1 Bond Disputes: Switzerland in the Hot Seat
The fallout from Credit Suisse’s collapse continues as lawsuits targeting Switzerland’s write-off of AT1 bonds intensify. A ...