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UBS CEO: 10,000 People Will Leave Bank by 2015

Tue 30 Oct 12 | 02:30 AM ET
Sergio Ermotti, CEO of UBS tells CNBC why the bank made the decision to shut down its fixed income business and fire 10,000 bankers and how it plans to be more effective in the future.

Topics:

Earnings  | Restructurings
 
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