Credit Suisse and UBS must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees' Association (SBPV) said on Tuesday, in an open letter to the country's parliament.
must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees' Association said on Tuesday, in an open letter to the country's parliament.
"We ... call on you to support our demand for a freeze on layoffs by the end of 2023 in parliament," Ferrara wrote in the letter seen by Reuters.The Swiss parliament is due to meet in extraordinary session on Tuesday to discuss the state-sponsored rescue of Credit Suisse which took place last month. "For the past three weeks, many of the approximately 17,000 employees at Credit Suisse and the 22,000 UBS employees have been looking at their future with uncertainty," said Ferrara, referring to the staff numbers in Switzerland."In the public debate about the takeover of Credit Suisse by UBS, there is a lot of talk about numbers, money, regulation, 'too big to fail' or bonuses," wrote Ferrara, whose organisation represents 6,000 workers in Switzerland.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Swiss lawmakers open session looking at UBS-Credit Suisse dealSwitzerland’s parliament is opening a special session Tuesday to scrutinize the state-imposed takeover of Swiss bank Credit Suisse by rival UBS
Les mer »
Credit Suisse job cuts must be frozen, Swiss Bank Employees' Association saysCredit Suisse and UBS must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees' Association (SBPV) said on Monday, in an open letter to the country's parliament.
Les mer »
Swiss parliament holds emergency session on Credit Suisse rescueSince Switzerland's authorities last month pulled out all the stops to rush through a rescue of Credit Suisse , a storm has been brewing in the normally tranquil country.
Les mer »
Credit Suisse job cuts must be frozen -bankers leader saysCredit Suisse and UBS must postpone any layoffs planned as part of their merger, the Swiss Bank Employees' Association said.
Les mer »
The Apple Card is a soft-pull credit score card and Apple wants you to apply for itApple reminds us that its titanium credit card can be used for credit limit previews.
Les mer »
Sell these mining stocks and load up on 8 energy ones instead: UBSThere's an investment opportunity in the diverging paths of the two sectors, UBS says, thanks to 'unsynchronized' global growth.
Les mer »