UBS to cut 40 jobs in trading and investment banking in Asia-Pacific region below vice-president level

https://ift.tt/eA8V8J
UBS Group is cutting about 40 jobs in the Asia-Pacific region as part of a global push to trim costs and combine its trading units, according to a person familiar with the matter.The staff reductions are roughly split between UBS’s markets and investment-banking teams, with a majority at the level of vice-president or below, the person said, asking not to be identified because the details aren’t public.The Asian divisions – led by Hong Kong-based Taichi Takahashi and David Chin – will see…

Brought to you by SCMP. Read more: https://ift.tt/2MTOFQA

* * * * *
South China Morning Post provides Hong Kong economy news including annual budget, MPF pensions, retail and transport.

https://www.scmp.com/

Advertisements

Comment or Tag a Friend!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this:
search previous next tag category expand menu location phone mail time cart zoom edit close