UBS Looks To Lower Costs, Rethink Fixed Income
UBS said it is looking to reduce costs by CHY1.5 billion ($1.86 billion) to CHY2 billion ($2.48 billion) over the next to three years and to rethink its fixed-income business after reporting disappointing second-quarter earnings for the division.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast