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home / articles / UBS - UBS To Cut Around 100 Positions in Asia's Wealth Management Business: Report | Benzinga

UBS - UBS To Cut Around 100 Positions in Asia's Wealth Management Business: Report | Benzinga

UBS Group AG Registered

UBS Group AG (NYSE: UBS) is reportedly planning to cut wealth-management jobs in Asia in the low hundreds.

The move reflects the bank's strategy to address muted client activity and a slowing economy in China, Reported Bloomberg.

The company plans to reduce at least 100 positions and axe roles like relationship managers in Hong Kong and Singapore ...

Full story available on Benzinga.com
Stock Information
Company Name: UBS Group AG Registered
Stock Symbol: UBS
Market: NYSE
Website: ubs.com
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