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24.11 - 12:07
UBS to slash group managing director roles in hierarchy overhaul
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fnlondon.comUBS chief Ralph Hamers is cutting through the Swiss bank's upper ranks to trim down its hierarchy.
The changes will see Hamers strip away of one of the seven layers of leadership known as group managing director level at the bank, which is Switzerland's largest lender by assets.
"To help streamline decision-making and reduce hierarchy, we...
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