News

UBS to cut a larger $13 billion in costs as it absorbs Credit Suisse

todayFebruary 6, 2024 17

Background
share close
UBS has deepened a cost cutting drive launched after its emergency acquisition of rival Credit Suisse, as it slashes thousands of jobs and tries to boost earnings to make sure the mammoth deal pays off.

​ UBS has deepened a cost cutting drive launched after its emergency acquisition of rival Credit Suisse, as it slashes thousands of jobs and tries to boost earnings to make sure the mammoth deal pays off. Read More Breaking News, Latest News and Videos | CNN 

Written by:

Rate it