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UBS Axes Hundreds of Jobs as Integration Gathers Pace
By
Noele Illien
News January 27, 2025 at 01:32 PM
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What You Need To Know
- The firm has begun job cuts in Switzerland and is getting rid of the Credit Suisse brand.
- UBS has previously said there would ultimately be around 3,000 redundancies.
- The Swiss bank seeks to shed another $5.5 billion in costs in addition to the $7.5 billion already achieved since the deal.
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