UBS wealth management starts cutting jobs in Asia and Europe

UBS wealth management starts cutting jobs in Asia and Europe

Pedestrians walk past the entrance to UBS Group AG's headquarters in Zurich, Switzerland. Photographer: Philipp Schmidli/Bloomberg

UBS Group AG started a sweeping round of job cuts at its global wealth management unit in Europe and Asia, targeting dismissals across the board as new co-head Iqbal Khan seeks to make his mark on the business.

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