The Overlap and the Potential for Future Job Cuts at Credit Suisse and UBS

Alison Nathan: This is going to mean a fundamental reassessment of two of the biggest institutions in Switzerland. It seems like they could be conservative, but we'll want to know more about exactly where the 8 billion cuts are coming from. Those cuts are being said to execute through 2027. So how much and how soon are we going to see some of those reductions?