The number of jobs cut could reach over 30,000 globally.
Tag: job cuts
AllianceBernstein cuts workforce by 4%
AllianceBernstein has cut approximately 4% of its global workforce with Asia unspared from the retrenchment.
Credit Suisse streamlines Asia wealth management team
The Swiss group has announced plans to streamline its Asia Pacific wealth management division.
Goldman Sachs to merge wealth and asset management units
This reverses the decision to split the two units just two years ago.
Value Partners cuts staff
The layoffs were made after a strategic review to enhance efficiency, said the fund manager.
Credit Suisse to cut 2,000 more jobs, save another CHF800m
Credit Suisse is to eliminate another 2,000 jobs and make an additional CHF800m (£576.1m, $824m, €733.8m) in cost savings, as it accelerates the pace of its restructuring following disappointing results in the final quarter of 2015.
