UBS to Lay Off Credit Suisse’s Investment Bank and Wealth Management Units – Major Restructuring Announced
UBS Announces Major Restructuring: Credit Suisse’s Investment Bank and Wealth Management Units to Face Layoffs In a surprising turn of events, UBS Group AG, one of the world’s leading financial services companies, has announced a major restructuring plan. The plan involves laying off employees from Credit Suisse’s Investment Bank and Wealth Management units. This move …