Cuts announcedWednesday 4th November 2026Reported by 3 major outlets
UBS to cut 200 jobs
UBSCuttingBanks & insuranceEurope
UBS cut 200 jobs in London as the Credit Suisse merger integration concludes. Reductions spanned wealth management and investment banking; some employees offered new roles within the bank.
“The Swiss wealth-management giant agreed to buy Credit Suisse in early 2023 as its rival neared collapse. UBS's Chief Executive Officer Sergio Ermotti has since led the integration of Credit Suisse and signalled in recent months it should be finalised by year end.”
Context: UBS's combined workforce swelled to just under 120,000 following its historic rescue acquisition of Credit Suisse more than three years ago and has dropped by about 18% since the takeover. Swissinfo
The sources, oldest first
- 4th Nov
finanza.lastampa.it Major outlet
UBS announced 200 job cuts in London as part of Credit Suisse integration.
- 4th Nov
Bloomberg Major outletRe-read, held
UBS cut about 200 positions in London across wealth management and investment banking as Credit Suisse integration nears completion.
- 5th Nov
Swissinfo Major outletRe-read
UBS cut 200 jobs in London as the Credit Suisse merger integration concludes. Reductions spanned wealth management and investment banking; some employees offered new roles within the bank.
UBS now
Cutting Confirmed by the company or a formal notice (such as a US WARN notice)
This label is our opinion, reached by applying one published rule to the sources listed. The full record for UBS →
Other announcements at UBS
- 1st Nov58jobs, part of a round already counted
- 1st Sep41jobs cut
- 1st Jun65jobs cut
- 1st Mar103jobs cut
The same month, nearby
Other announcements in November 2026 in the same sector or the same place.
- 1st NovNo figure
Permanent id ubs-2026-11-04-5b0635. Machine-readable: this announcement is in /v1/events.json (seven days behind) and UBS’s JSON.