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AOL.com Video - UBS Seeks to Cut Costs as Profits Fall

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VIDEO:News

UBS Seeks to Cut Costs as Profits Fall

Description:Major job cuts are expected at Swiss bank UBS after it announced plans to reduce costs by as much as 2bn Swiss francs ($2.5bn; £1.2bn) over the next two to three years. (1:51)

Source: BBC News

Tags: announced , costs , expected , francs

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