USB (USBG SW) CEO says they will commence a new round of job cuts shortly, the figure in Switzerland is expected to be below 3k, Bloomberg reports
The news of USB's planned job cuts, specifically less than 3,000 positions in Switzerland, suggests a strategic move to enhance efficiency or cut costs amidst challenging market conditions.
RBI Governor says policy on INR is consistent and aim is to curb excessive volatility
JPMorgan (JPM) Q4 2025 (USD) EPS 4.63 (exp. 4.97), Revenue 45.8bln (exp. 46.11bln)
USB (USBG SW) CEO says they will commence a new round of job cuts shortly, the figure in Switzerland is expected to be below 3k, Bloomberg reports
Bank of New York Mellon Corp (BK) Q4 2025 (USD): EPS 2.02 (exp. 1.91), Revenue 5.19bln (exp. 5.14bln)
Delta Air Lines Inc. (DAL) Q4 2025 (USD): Adj. EPS 1.55 (exp. 1.53), Revenue 16.0bln (exp. 14.72bln)
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This could signal the bank's response to either a slowdown in business or a need to optimize operations, potentially affecting its competitive positioning and investor sentiment towards the sector.
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