Industry News, Trustworthy Insights

Popular Companies:

UBS Implements Job Cuts: Asia’s Wealth Management Operations

Swiss bank UBS has announced plans to cut approximately 100 jobs within its wealth management business in Asia.

This decision comes shortly after the completion of UBS acquisition of Swiss rival Credit Suisse. Photo: Getty Images
This decision comes shortly after the completion of UBS acquisition of Swiss rival Credit Suisse. Photo: Getty Images

The job cuts will primarily affect teams in Hong Kong and Singapore, where UBS is facing reduced client activity due to the economic slowdown in the region.

More from Krugman Insights

Industry news used by professionals

Try £4.99 per month

Already a member?
Weekly Digest

All the week’s industry events straight to your inbox.

Before your sign up, please read terms of use and privacy policy.

Trending

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to our terms of use and privacy policy.

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Password Reset

You will soon receive a Reset Password link

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to terms of use and privacy policy.

Send us your article

[formidable id=3]