Fred Romero via flickr
The financial firm informed Italian labor union representatives about its plan to reduce 162 positions in the asset management sector of UBS Europe SE. The remaining reductions will affect the Italian wealth management firm, UBS Fiduciaria SpA.
UBS stated in a release that the financial company intends to enhance the operational framework in Italy.
"The statement indicated that Italy is still a strategically vital area for the future expansion of the UBS Group."
The unions asked UBS for a meeting specifically to clarify the future strategy of the financial institution in Italy.
source: reuters.com
UBS stated in a release that the financial company intends to enhance the operational framework in Italy.
"The statement indicated that Italy is still a strategically vital area for the future expansion of the UBS Group."
The unions asked UBS for a meeting specifically to clarify the future strategy of the financial institution in Italy.
source: reuters.com