UBS Plans More Layoffs Amid Credit Suisse Integration, Bloomberg Reports
Provided by
Dow Jones
--UBS Group is planning a new round of layoffs as it continues to integrate Credit Suisse, Bloomberg reports, citing unnamed sources.
--The Swiss banking giant plans to lay off more than 100 people across its global investment bank in the coming weeks and to reduce headcount at its wealth-management and market units as well, Bloomberg reports.
--UBS didn't respond to a request for comment when approached by Dow Jones Newswires.
Full story: https://shorturl.at/nGJ29
Write to Adria Calatayud at adria.calatayud@wsj.com
(END) Dow Jones Newswires
April 18, 2024 03:15 ET (07:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
After Earnings, Is Berkshire Hathaway Stock a Buy, a Sell, or Fairly Valued?
-
For Bond Investors, Delayed Rate Cuts Demand a Different Playbook
-
What’s Happening In the Markets This Week
-
How the Tokyo Stock Exchange Is Pushing for Better Shareholder Returns
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Where We See Opportunities After an Ugly Month for Stocks
-
After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?
-
When Will the Fed Start Cutting Interest Rates?
-
Berkshire Hathaway Earnings: Strong Insurance Results Continue to Lift Revenue and Profitability
-
10 Questions for Berkshire Hathaway’s 2024 Annual Meeting
-
After Earnings, Is Ford Stock a Buy, a Sell, or Fairly Valued?
-
3 Dividend Stocks for May 2024
-
Amgen Earnings: Obesity Drug Update Is Highly Encouraging
-
What’s Going on With Apple, Tesla, and Alphabet?
-
Apple Earnings: A Weak 2024, but Optimism for 2025
-
4 Utility Stocks to Play the AI Data Center Boom