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A UBS retail bank for private wealth management in St. Gallen, Switzerland. On 30 October 2012, UBS announced that it was cutting 10,000 jobs worldwide in an effort to slim down its investment banking operations, of which 2,500 would be in Switzerland, followed by the United States and Great Britain. This 15-percent staff cut would make overall ...
But his strategy resulted in CHF 80 billion of losses to UBS [3] with the collapse of UBS's Dillon, Read & Co. investment bank during the 2007–2008 financial crisis. Ospel was forced to resign in April 2008, following pressure by the Swiss Financial Market Supervisory Authority, and UBS had to seek a government bailout in October 2008. [1]
[10] [11] Moelis recruited more than 70 senior investment bankers to UBS within three months of his arrival. [12] In his six years at UBS, Moelis ultimately assumed the role of president of UBS Investment Bank and was credited with the build-out of UBS's investment banking operation in the United States. By the end of 2006, UBS was ranked Top 4 ...
Naratil started his career in finance in 1983 when he joined the brokerage firm Paine Webber Jackson & Curtis. The Swiss bank UBS acquired PaineWebber in 2000 [2] and Naratil would hold various senior management positions at UBS Group, including chief financial officer (CFO) and chief operating officer (COO) from 2014 to 2015. [5]
Swiss bank UBS is laying off 51 employees at its Weehawken office. Five other financial institutions announced New Jersey layoffs so far in 2024 ... UBS latest bank to announce NJ job cuts as ...
Thomas Columba "Colm" Kelleher (born 30 May 1957) is an Irish-British business executive and banker. He is the chairman of the board of directors of the Swiss multinational investment bank and financial services company, UBS Group, since 2022.
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