‘The wrong kind of beep’ — shock and distress as UBS bankers learn of fate
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‘The wrong kind of beep’ — shock and distress as UBS bankers learn of fate

UBS swung the axe at its SSA business on Tuesday morning, doing so with little warning and in brutal fashion. At least four SSA bankers were made redundant from the Swiss firm’s debt capital markets desk with hundreds also expected to leave credit sales, trading, syndicate and research.

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