UBS Announces New Layoffs: Credit Suisse Integration's Latest Impact

UBS to implement another round of layoffs amid Credit Suisse integration, eliminating hundreds of jobs primarily in investment banking division

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Layoffs due to need to streamline operations, reduce costs, and align business with UBS's long-term strategy of focusing on wealth management

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UBS CEO Sergio Ermotti says bank has work to do to boost US growth, plans to leverage Credit Suisse's investment bank platform

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UBS Wealth Management in US integrates strategic client segments into business and client development efforts

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UBS appoints Hazem Shawki as head of investment banking in Middle East and North Africa, Tara Luthra for global banking segment in Middle East

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UBS's five strategic imperatives include simplification and efficiency, culture, client and connections, focus, and technology

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UBS Private Banking offers customized investment strategies with personalized features for private banking clients

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UBS's reputation built on excellence, innovation, sustainability, and global presence

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UBS Private Banking advisors provide expert guidance and advisory services, including personalized wealth planning

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UBS's acquisition of Credit Suisse aimed at strengthening position in global financial services industry and creating a more diversified and resilient business

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UBS's acquisition of Credit Suisse aimed at strengthening position in global financial services industry and creating a more diversified and resilient business

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