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UBS to cut 50% of Credit Suisse Staff

UBS Group AG is planning extensive workforce reductions following its emergency takeover of Credit Suisse Group AG.

UBS Headquarters in Zurich stands as a symbol of change as the bank prepares for major downsizing. Photo: Daniel Berehulak/Getty Images)
UBS Headquarters in Zurich stands as a symbol of change as the bank prepares for major downsizing. Photo: Daniel Berehulak/Getty Images)

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