UBS Raises Profitability Goal, Cuts 10,000 Jobs

REPLAY VIDEO
Your next video will start in
Pause

Recommended Videos

  • Info

  • Comments

UBS AG, Switzerland’s biggest bank, boosted its profitability goal and announced plans for about 10,000 job cuts as Chief Executive Officer Sergio Ermotti scale back the investment bank to focus on wealth management.

Advertisement

BTV Channel Finder

Channel_finder_loader

ZIP is required for U.S. locations

Bloomberg Television in   change