UBS Shrinks Investment Banking Division

UBS AG’s decision to cut as many as 10,000 jobs and retreat from capital-intensive trading businesses will help position Switzerland’s largest bank to return more funds to shareholders.
RBA Leaves Rates on Hold
33:44 - The Reserve Bank of Australia which manages the developed worlds most exposed economy to China announced it will not be raising interest rates. Bloomberg's Paul Allen reports on "Countdown." (Source: Bloomberg)
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