The majority of job reductions in UBS’ Swiss business will likely be in the second half of 2026, the bank’s CEO Sergio Ermotti told reporters on Wednesday.
UBS has previously said it expected to lose around 3,000 jobs in Switzerland as it integrates Credit Suisse.
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Speaking after the lender’s fourth-quarter results, Ermotti also said that the faster-than-anticipated repatriation of capital … [254 chars]
Source: Reuters | Published: 2026-02-04T11:21:17Z
Credit: Reuters
