UBS Group is weighing a plan to cut about two-thirds of Credit Suisse Group’s investment bankers in the Asia-Pacific as part of the first major job reductions in the region following the merger of the two Swiss lenders, people familiar with the matter said.
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From billionaires to towkay heirs: UBS widens Singapore wealth push
The Swiss banking giant is sharpening its focus on clients with at least US$2 million in investable wealth
UOB to sell asset management arm to Allianz Global Investors for S$555 million
The sale, which includes excess cash, is expected to generate a pre-tax gain of about S$330 million for UOB
GIC seeks to sell US$1 billion private equity fund stakes: Bloomberg
Potential divestments are said to include funds from global private equity managers EQT, TPG Asia and KKR
