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UBS’s Restructuring in Asia Signals a Paradigm Shift in Investment Banking
The European News Global Last week, Credit Suisse’s American investment bankers faced the ax, as the newly acquired UBS Group AG solidified its plans to overhaul its operations. While the scale of these cuts remains undisclosed, the impact is already reverberating, particularly in Houston, where jobs were eliminated, potentially affecting the local economy. However, UBS’s…
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UBS Restructuring Plan Shakes Up Credit Suisse Dealmakers in Asia
The European News Global In recent news, UBS Group AG has unveiled a bold restructuring plan that will significantly impact the investment banking division of Credit Suisse Group in Asia. With the intention of becoming a dominant force in dealmaking on this side of the Atlantic, UBS aims to cut approximately two-thirds of Credit Suisse’s…
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Latest Business Headlines: Trucker Yellow’s Bankruptcy, Berkshire’s Record High, Fed Official’s Rate Increase Question, Goldman’s Research Chief Departure, Hedge Fund Concerns, and Zoom’s Return to Office
The European News Global We are going to provide a snapshot of some key recent headlines, covering a range of topics from bankruptcies to record-breaking earnings, mainly the latest developments in the business landscape. Trucker Yellow Files for Bankruptcy, Will Liquidate [WSJ]: Tragedy struck the transportation industry as Trucker Yellow, a crucial transportation provider to…
European News Global 