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UBS Cuts About 200 London Jobs as Credit Suisse Integration Nears End

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Summary

UBS has slashed about 200 positions in London in recent weeks as the integration of Credit Suisse nears its end, according to people familiar with the matter. The cuts were announced internally and were carried out across the bank's units, including wealth management and investment banking.

This continues an earlier story: Tech Stocks and US Futures Fall as Disappointing Earnings Deepen Selloff Over AI Spending

Timeline

  1. Bloomberg

    Source ↗

    Bloomberg reports, citing people familiar with the matter, that UBS has cut about 200 positions in London in recent weeks as the integration of Credit Suisse nears its end, with the reductions announced internally across wealth management and investment banking.

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