SWX:UBSGCapital Markets
UBS Job Cuts And Fed Ruling Test Credit Suisse Integration And Valuation
UBS Group (SWX:UBSG) is proceeding with significant job cuts as it integrates Credit Suisse into its global operations.
The company is restructuring its combined workforce to streamline overlapping functions and adjust its operating model.
The Federal Reserve has formally ended enforcement actions against both UBS and Credit Suisse, closing a long running regulatory chapter.
These developments arrive as UBS continues its multi year integration process following the Credit Suisse...