UBS has apparently told its FX staff in Stamford, London and Zurich that they will find out at the end of October who is get culled following the $3.2 billion losses the firm suffered in its fixed-income business.
Related
Video interview: Mashreq on the shift from digital to intelligent banking
Sponsored by Mashreq Bank
Cashflow lending’s potential to revolutionise SME finance in Africa
Sponsored by CIB
Ecosystem banking takes African SME finance beyond lending
Sponsored by CIB
Redefining treasury: modernising payments to unlock strategic growth
Sponsored by HSBC