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Wednesday, November 16, 2011

UBS says it will cut 2000 investment banking personnel by 2016 as part of ...

UBS says it will cut 2000 investment banking personnel by 2016 as part of ... Swiss lender UBS AG says it will cut its work force by 11 percent between now and 2016 as it downsizes. CEO Sergio Ermotti said Thursday that the cuts are part of an effort to substantially reduce the investment bank's risk profile by exiting or ... UBS says it will cut 2000 investment banking personnel by 2016 as part of ...

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