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.

What the Oil Market Needs From OPEC
03:44 - Edward Djerejian, former U.S. ambassador to Syria, comments on the partial cease-fire in Syria’s war and the oil market rout. He speaks with Bloomberg's Betty Liu on "Bloomberg Markets." (Source: Bloomberg)
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