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ZURICH, April 11 (Reuters) - Credit Suisse (CSGN.S), opens new tab and UBS (UBSG.S), opens new tab must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees ...
UBS is set to begin slashing jobs at Credit Suisse. New York bankers and traders are among those most at risk of the chop. Huge cuts follow layoffs by Goldman Sachs, Morgan Stanley, JPMorgan and ...
UBS Group AG is poised to start its next wave of job cuts at Credit Suisse, this time targeting about 10% of support staff, likely in areas such as compliance, risk and marketing, Financial News ...
Last month's purchase of Credit Suisse Group AG by UBS Group AG and Monday's news that UBS may cut the companies' combined workforce by 30% (about 36,000 jobs) required an adjustment in how we ...
The job cuts will start this year with an initial ... reducing headcount in the bank’s home market to around 14,000. Credit Suisse has suffered a string of setbacks in recent years by being ...
UBS expects to shed around 3,000 jobs in Switzerland to help it cut $10 billion in costs as it undertakes a sweeping overhaul following its emergency rescue of Credit Suisse earlier this year. The ...
As part of its efforts to reduce expenses, Credit Suisse Group AG CS plans to cut around 5,000 jobs. The news was first reported by Reuters, citing a source with direct knowledge of the matter.
As Credit Suisse's losses grew last year, it announced plans to cut 9,000 positions worldwide ... would include a new building and 1,200 new jobs. "Raleigh will grow into a second major hub ...
SINGAPORE, Nov 11 (Reuters) - Credit Suisse CSGN.S has cut eight jobs in its Southeast Asia investment banking and capital markets team, two sources familiar with the matter said, just weeks after ...
Credit Suisse Group AG is planning a fresh round of job cuts at the global wealth management business starting next week, adding to dismissals that already started at the investment bank ...
Everyone knew that deep cuts would be coming at Credit Suisse, the bank that was taken ... Goldman Sachs has eliminated more than 3,000 jobs, Morgan Stanley is eliminating 3,000, and JPMorgan ...