UBS Asset Management Europe (AME), a Luxembourg-based unit of Swiss bank UBS , has written to unions in Italy to start negotiations over nine job cuts at its local business, roughly a fifth of overall staff, a copy of the letter seen by Reuters showed.
Dated March 19 and signed by branch manager Emanuele Bellingeri and the head of personnel, the letter said a centralisation of functions and a slimmer organisational set-up made redundant, among others, a local risk management team, one job in th… [648 chars]
Source: Reuters | Published: 2026-03-20T14:38:00Z
Credit: Reuters
