Business | NDTV Correspondent | Saturday November 26, 2011
Swiss banking major UBS on Tuesday said it will slash 3,500 jobs as part of cost-cutting measures, with nearly half of the cuts planned in the investment banking division.
"UBS today provides an update on its plans to eliminate expenses of a total of approximately 2 billion Swiss francs ($2.5 billion) from annual costs by the end of 2013, co...
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