UBS AG (UBS) said to widen job cuts to 400 at Europe Investment bank
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UBS (UBS) Plans to Cut 10% of Front-Office Staff in Europe
October 18, 2012 8:53 AM EDTUBS (NYSE: UBS) shares are higher in early trading Thursday following headlines earlier that the financial institution will be cutting roughly 400 positions across its Investment Bank in Europe. The number amounts to 10 percent of front-office employees in the region.
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