By Elena Logutenkova and Bradley Keoun, Bloomberg |
October 29, 2012
UBS AG’s decision to cut as many as 10,000 jobs and retreat from capital-intensive trading businesses will help position Switzerland’s largest bank to return more funds to shareholders.
Daily market analysis (video)
Chinese demand low supply boost crude
High-frequency trading fees need transparency
Bean fundamentals getting complicated
Natural gas at an inflection point?
Protection from market spikes