UBS Looking For Efficiencies At Credit Suisse

Posted on 06/29/2023

UBS doesn’t need the all of its Credit Suisse employees to run the operations of both institutions, and will be cutting back soon. A staggering 40,000 employees spread throughout the world are thought to be at risk in a worst case scenario. Market watchers say Credit Suisse is continuing to lose deposits, but official numbers…

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