More on Those Potential UBS Job Cuts

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.

Halkbank Deputy CEO Taken Into Custody at JFK Airport
02:04 - A senior executive at one of Turkey’s largest state-owned banks was arrested in the U.S. on charges of conspiring to evade trade sanctions on Iran. Bloomberg's Isobel Finkel reports on "Bloomberg Markets: Middle East." (Source: Bloomberg)
  • Zuma, Gordhan Fued Threatens South Africa's Stability
  • StanChart's Maratheftis on Saudi Economy, Growth
  • StanChart's Maratheftis Sees Elevated Political Risks