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UBS to cut costs and rethink fixed income unit

By: Yossel in BRKB | Recommend this post (0)
Tue, 26 Jul 11 2:36 PM | 13 view(s)
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UBS to cut costs and rethink fixed income unit

ZURICH (Reuters) - Switzerland's UBS (UBSN.VX) (UBS.N) will slash jobs and review the future of its fixed income business after the underperforming unit hit second-quarter profits and forced it to push back targets.

Emma Thomasson

ZURICH
Tue Jul 26, 2011 6:32am EDT

link-
http://www.reuters.com/article/2011/07/26/us-ubs-idUSTRE76P0WG20110726




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