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.

Trump Administration Said to Open Probe Into Aluminum
46:57 - The Trump administration plans to begin an investigation into whether a flood of aluminum imports is hindering national security, a White House official said. Bloomberg's Joe Deaux reports on "Bloomberg Markets." (Source: Bloomberg)
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