Feb. 10 (Bloomberg) -- UBS AG, Switzerland's largest bank, plans to eliminate an additional 2,000 jobs at its securities unit and return to profit in 2009 after a record loss last year.
UBS rose as much as 7.7 percent in Swiss trading after saying its wealth and asset management businesses recorded net increases in client investments in January, following 85.8 billion francs ($73.8 billion) in withdrawals last quarter.
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As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.
Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
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