Banking major UBS to axe 3,500 jobs

Swiss banking major UBS on Tuesday said it will slash 3,500 jobs as part of cost-cutting measures, with nearly half of the cuts planned in the investment banking division."UBS today provides an......

These Olympians are also Wall Street brokers!

UBS Wealth Management Americas, Bank of America's Merrill Lynch and Morgan Stanley all employ several retired Olympic athletes Image: Emily Samuelson (L) and Evan Bates of the US perform during......

Citi joins list of foreign banks scaling down India ops

Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Photograph: Chris Helgren/Reuters Mumbai-based Axis Bank completed acquisition of......

UBS to slash 8,700 jobs

Swiss banking major UBS on Wednesday said it will slash its headcount by 8,700 employees globally and expects losses to the tune of two billion Swiss francs (about $1.75 billion) in the first......