UBS is cutting jobs at its asset management arm as it increases its focus on growth in China and passive investing, according to Bloomberg.
The Swiss bank is said to have cut at least 100 positions at its asset management unit in areas such as distribution over recent months. Around 30 of these losses took place in the US. According to...
Slendebroek has been CEO since 2014
Uptick in investor sentiment
Converting £1.9bn European Special Sits fund
According to Cicero report