08/22/2019
UBP is not listed – it has been family owned since it was founded in 1969 – which enables it to take a slightly longer-term view than perhaps a public company would take, given the pressures of quarterly reporting.
08/16/2019
The situation remains fraught, two months after the original incident, which saw Donovan apologize – but not fast enough for UBS to lose a key Chinese deal.
08/12/2019
Deutsche Bank said in July that it plans to slash 18,000 jobs worldwide and close its equity sales and trading business globally, while HSBC said Monday, August 5, that it would lay off less than 2 per cent of its workforce.