AssetID: 53002391
Headline: UBS to Lay Off 3,000 Employees As It Absorbs Credit Suisse
Caption: UBS agreed to buy Credit Suisse in March in an attempt to halt financial market panic spawned by the failure of Silicon Valley Bank and Signature Bank in the U.S.
Keywords: UBS,Union Bank of Switzerland,lay off,redundancies,employees,staff,job losses,sacking,absorbs,Credit Suisse,investment banking,banking sector,Silicon Valley,global,trading
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