UBS shuts some China private funds, will lay off staff

Business & Finance

Reuters exclusively reported^[1] that UBS is shutting down some of its China private funds business and will lay off one-third of the staff as the Swiss bank cuts operating costs in the country.

Market Impact

Reuters exclusively reported

Read more https://www.reutersagency.com/en/reutersbest/article/ubs-shuts-some-china-private-funds-will-lay-off-staff/