https://fortune.com/2023/06/27/ubs-layoffs-credit-suisse/
This should not be a surprise to anyone. My firm has been warned of more banking sector fallout this year.
Why is that ? What's happening in the banking world ?
Interest rates and consolidations are affecting banks. Several regional banks are still in trouble financially.
Ohh no! Who’s going to launder all that crime money now!
Can't wait for UBS to fail next.
I heard Credit Suisse is still hiring and onboarding. Can’t imagine the mood there
Damn!