Bloomberg Daybreak: Europe Edition cover image

UBS To Cut More Than Half of Credit Suisse's 45,000 Staff

Bloomberg Daybreak: Europe Edition

00:00

Credit Suisse's Merger With UBS

Bloomberg's Marianne Haftamara reports live from Zurich this morning. Marin: Do we have any idea how many people have already left the bank since the merger was announced? UBS is the CEO Sergio Malti actually mentioned that he had seen that 10% of credit fee staff had left since the merger in March, but about 5,000 people.

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