UBS Set to Exit Fixed Income, Fire 10,000 Bankers

ZRICH, Switzerland (Reuters) - UBS is expected to reveal plans on Tuesday [Oct. 30] to wind down its fixed income business and fire 10,000 bankers, with shareholders cheering one of the biggest bonfires of finance jobs since the implosion of Lehman Brothers in 2008. The move will focus Zrich, ...
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