UBS To Cut More Than Half of Credit Suisse's 45,000 Staff
Bloomberg Daybreak: Europe Edition
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The Tough Market for Investment Banks and Asset Managers
Goldman Sachs and Morgan Stanley have cut more than 3,000 jobs each this year. Analyst Alison Williams says investment banks are playing catch-up with the market. NVIDIA led declines in shares of U.S. chip makers after WSJ reported that Washington could close loopholes in sale of powerful chips to China.
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