Correction: UBS says no figure available for derivatives staff cuts in London

- By Risk Staff
- 11 Jun 2002

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Last week RiskNews had reported a UBS spokeswoman as saying the bank planned to cut 10% of its derivatives staff in London.

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Correction: UBS says no figure available for derivatives staff cuts in London

UBS Warburg, the investment banking arm of Switzerland’s UBS, which is axing 10% of its investment banking staff in London, said it could provide no overall figure for its cuts in derivatives staff numbers today.

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