UBS Said to Impose Partial Wealth-Management Hiring Freeze – Bloomberg


Bloomberg
UBS Said to Impose Partial Wealth-Management Hiring Freeze
Bloomberg
Chief Executive Officer Sergio Ermotti, 56, has been seeking ways to reduce expenses after first-quarter profit dropped 64 percent, hurt by a slump at the wealth-management and securities units. The company has since eliminated jobs at the investment
UBS to freeze new hires in parts in wealth management unit -sourceReuters

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