UBS is facing a significant increase in regulatory capital requirements, potentially needing an additional $15 billion to $25 billion following the collapse of Credit Suisse, as stated by the Swiss finance minister. Concurrently, UBS is planning further job cuts in its investment bank, with over 100 positions expected to be affected as part of the ongoing integration with Credit Suisse, according to people with knowledge of the matter and reported by Bloomberg News. These developments reflect UBS's continued efforts to consolidate and stabilize after the financial turmoil.
UBS plans next round of layoffs Raymond James is reportedly laying off employees
UBS plans next round of layoffs in Credit Suisse integration, Bloomberg News reports https://t.co/RDRBhjEmtC https://t.co/HgXcC6xcMP
UBS is planning another round of job cuts as the firm continues to trim headcount following its rescue of Credit Suisse https://t.co/XVFCoqTEEu https://t.co/Uaazs2qJhA
UBS is planning another round of job cuts as the firm continues to trim headcount following its rescue of Credit Suisse, according to people with knowledge of the matter. https://t.co/eOJ2gbjkKH via @economics #Switzerland
UBS PLANS NEXT ROUND OF LAYOFFS IN CREDIT SUISSE INTEGRATION, JOB CUTS EXPECTED TO AFFECT MORE THAN 100 POSITIONS - BLOOMBERG NEWS
UBS is planning another round of job cuts as the firm continues to trim headcount following its rescue of Credit Suisse, according to people with knowledge of the matter. https://t.co/J1Po5LnbAq
*UBS SAID TO PLAN MORE THAN 100 JOB CUTS IN INVESTMENT BANK they can just go work across the street at Credit Suisse
Walgreens Corporate will reportedly announce layoffs some time this afternoon
UBS faces an increase in regulatory capital requirements that could reach $15 billion to $25 billion under reforms proposed in the wake of the collapse of Credit Suisse, Swiss finance minister says https://t.co/lviGpjljJj via @business @paula_doenecke #Switzerland
UBS faces an increase in regulatory capital requirements that could reach $15 billion to $25 billion under reforms proposed in the wake of the collapse of Credit Suisse, Swiss finance minister says https://t.co/vL6ebYJy5X