
UBS is facing a significant increase in regulatory capital requirements, potentially needing an additional $15 billion to $25 billion following the collapse of Credit Suisse, as stated by the Swiss finance minister. Concurrently, UBS is planning further job cuts in its investment bank, with over 100 positions expected to be affected as part of the ongoing integration with Credit Suisse, according to people with knowledge of the matter and reported by Bloomberg News. These developments reflect UBS's continued efforts to consolidate and stabilize after the financial turmoil.
UBS plans next round of layoffs Raymond James is reportedly laying off employees
UBS plans next round of layoffs in Credit Suisse integration, Bloomberg News reports https://t.co/RDRBhjEmtC https://t.co/HgXcC6xcMP
UBS is planning another round of job cuts as the firm continues to trim headcount following its rescue of Credit Suisse https://t.co/XVFCoqTEEu https://t.co/Uaazs2qJhA






