Economic news
UBS sees around 3,000 redundancies integrating Credit Suisse in Switzerland – CEO
2023.08.31 05:05
© Reuters. FILE PHOTO: The logo of Swiss bank UBS is seen at an office building in Zurich, Switzerland October 25, 2022. REUTERS/Arnd Wiegmann/File Photo
ZURICH (Reuters) – UBS expects around 1,000 jobs to go from integrating Credit Suisse’s Swiss business, Credit Suisse (Schweiz), and an additional 2,000 redundancies in Switzerland over the next couple years, Chief Executive Sergio Ermotti said on Thursday.
