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VIDEO: UBS seeks to cut costs as profits fall

Switzerland news: July 26th 2011

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VIDEO: UBS seeks to cut costs as profits fall

Tuesday 26th of July 2011, 11:18
related countries: Switzerland Switzerland

Major job cuts are expected at Swiss bank UBS after it announced plans to reduce costs by as much as 2bn Swiss francs ($2.5bn; £1.2bn) over the next two to three years.
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