Tag: Credit Suisse deal
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UBS to cut another USD 3 billion in costs following Credit Suisse deal
UBS to Cut Another USD 3 Billion in Costs Following Credit Suisse Deal Zurich-based banking giant UBS has announced plans to reduce costs by an additional USD 3 billion following the recently finalized deal with rival Credit Suisse. This move is set to further optimize operations and enhance profitability amid the ever-evolving financial landscape. Facing…