this post was submitted on 03 Jul 2023
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Switzerland

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Swiss bank UBS has gone on a US recruiting drive for wealth managers catering to rich Americans, even as it considers culling 30% of its combined global workforce after its takeover of Credit Suisse.

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[–] doo@sh.itjust.works 2 points 1 year ago

Are they suddenly feeling being "The Swiss bank" too big to fail?