(Bloomberg) — Credit Suisse Group AG Chief Executive Officer Tidjane Thiam pledged to accelerate a restructuring through deeper cost cuts and by eliminating an additional 2,000 jobs as he forecast a ...

UBS made the deepest job cuts in the immediate aftermath of the ... with much of the remainder to come from ultimately switching off Credit Suisse’s old IT systems.

Why a monster UBS bank scares Switzerland The job cuts are happening at a time when UBS is working to erase most traces of Credit Suisse from public view in Switzerland. The bank has recently ...

Investing.com -- UBS Group AG (NYSE:UBS) has started a series of job cuts in Switzerland ... its workforce after integrating former rival Credit Suisse, which it acquired in an emergency rescue ...

The move comes as UBS is about to complete its SFr3bn (US$3.3bn) takeover of Credit Suisse after rescuing its rival in March in a deal backed by Swiss authorities. The combined bank is expected to cut ...

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Fearing of doing business with politically-exposed clients in a sanctions-hit country, Credit Suisse Group AG has cut relationships with a number of Venezuela’s wealthy. Switzerland’s lender ...

Read more: Credit Suisse cuts thousands of jobs to restore fortunes The bank apologised to Thiam in 2020 following a report in the New York Times that included details of a party to celebrate ...