UBS sees around 3,000 redundancies integrating Credit Suisse in Switzerland – CEO

by Reuters

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.

(Reporting by Brenna Hughes Neghaiwi; editing by Rachel More)

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Reuters

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