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UBS mulls huge job cuts

UBS AG is considering slashing as many as 8,000 jobs to save costs, and will not rule out a possible split of its wealth management and investment banking business, according to Swiss newspaper SonntagsZeitung.

UBS AG is considering slashing as many as 8,000 jobs to save costs, and will not rule out a possible split of its wealth management and investment banking business, according to Swiss newspaper SonntagsZeitung.
UBS chief executive Marcel Rohner reaffirmed at a recent meeting of 300 senior UBS banke

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