is poised to reduce its workforce by 20-30%, Swiss daily Tages-Anzeiger reported on Sunday, citing an unnamed senior UBS manager.a deal engineered by the Swiss governmentBut the deal, which was also designed to help to secure financial stability globally, has raised concerns over the size of a new bank with $1.6 trillion in assets and more than 120,000 staff worldwide.Jobs in its U.S.
that would have given Wall Street dealmaker Michael Klein control of much of Credit Suisse's investment bank.
reshiftmedia hired Shambhavi Anand who knowingly broke 🇮🇳abortion law(20wks) TWICE (6 & 7mnths-A Criminal Offense) aborted 7mnths born-alive girl thn fled 2🇨🇦 BrockUniversity GoodmanSchool 2 b 'Future Business Leader' Biz World cdnpoli
o lol
very good for banking.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Swiss economists question UBS takeover of Credit Suisse in pollA poll of Swiss economists found that nearly half think the takeover of Credit Suisse by UBS was not the best solution, warning the saga has dented Switzerland's reputation as a banking centre. This is still very risky. Swiss regulators might have been better to spend the time to do the digesting of Credit Suisse rather than quickly sweeping it under the rug to forestall panic. If Swiss keeps greedy for CCP bloody corrupted money, their banking system will end up like Credit Suisse according to the Murphy’s Law.
Source: Reuters - 🏆 2. / 97 Read more »
Up to 30% of jobs to be cut by enlarged UBS, Tages-Anzeiger reportsThe bank created by the UBS takeover of Credit Suisse is poised to reduce its workforce by 20-30%, Swiss daily Tages-Anzeiger reported on Sunday, citing an unnamed senior UBS manager. Many more Bwankers out of a job .. brilliant , just shows they knew nothing and were overpaid
Source: Reuters - 🏆 2. / 97 Read more »
Credit Suisse takeover hits heart of Swiss banking, identityThe UBS takeover of embattled rival Credit Suisse has shaken Switzerland’s self-image and dented its reputation as a global financial center, analysts say. That’s true that image couldn’t be restored. All caused by Biden and Isreal.
Source: ABC - 🏆 471. / 51 Read more »
Credit Suisse takeover hits heart of Swiss banking, identityAnalysts say the UBS takeover of embattled rival Credit Suisse has shaken Switzerland’s self-image and dented its reputation as a global financial center. They warn that the country’s prosperity could grow too dependent on a single banking behemoth. The uncertain future of a union of Switzerland’s two global banks comes at a thorny time for Swiss identity, built nearly as much on a self-image of finesse in finance as on know-how with chocolate, watchmaking and cheese. Incoming UBS chief Sergio Ermotti says Switzerland needs a strong globally significant bank if it wants to be a financial hub. He says the issue isn't “too big to fail' but 'too small to survive.” We are saying the same thing in San Francisco Global reputation as ethically corrupt tax haven, you mean? Really Not even the fact that for decades, Switzerland allowed anonymous people to have secret bank accounts …helping drug trafficking and money laundering …🙄🙄🙄🙄
Source: AP - 🏆 728. / 51 Read more »
Credit Suisse takeover hits heart of Swiss banking, identityThe UBS takeover of embattled rival Credit Suisse has shaken Switzerland's self-image and dented its reputation as a global financial center, analysts say, warning that the country's prosperity could grow too dependent on a single banking behemoth.
Source: WashTimes - 🏆 235. / 63 Read more »
Norwegian wealth fund seeks Credit Suisse boardroom shake-upNorges Bank Investment Management will vote against the re-election of Credit Suisse Chair Axel Lehmann and six other directors at the Swiss lender's annual general meeting on Tuesday, the Norwegian wealth fund said on its website. Ich dachte die Credit Swiss gibt es nicht mehr ? Is there a clear chain of authority inside UBS anymore? This seems to imply that Credit Suisse exists as a separate patch of quicksand inside UBS.
Source: Reuters - 🏆 2. / 97 Read more »