UBS: New IBD and Wealth Management Cuts Explained

As the financial landscape of 2024 unfolds, the trend of significant job reductions across UBS continues.

This trend, which began in 2023, is still in effect with firms like Citi, Nomura, Bank of America, and Google making notable cuts. UBS, a major player in the financial industry, is also part of this ongoing restructuring process.

Recently, UBS reduced its workforce in the United States by letting go of at least seven