UBS to Cut Up to 30% of Headcount

The video discusses the impact of the UBS and Credit Suisse merger, highlighting significant job cuts both in Switzerland and globally. It also covers the Swiss prosecutors' criminal probe into the takeover, focusing on potential wrongdoing. Additionally, the video addresses HSBC's shareholder meeting, where the CEO and Chairman are expected to respond to pressure from shareholders regarding a proposed spin-off.

What percentage of the combined headcount at UBS and Credit Suisse is affected by the job cuts?

• 10%

• 40%

• 20%

• 30%

What is the primary focus of the Swiss prosecutors' investigation into the UBS and Credit Suisse merger?

• Criminal wrongdoing

• Public opinion

• Financial gains

• Market share

What is the main concern of the Swiss Attorney General regarding the merger?

• Economic impact

• Shareholder profits

• Job creation

• Clean financial center

Where are HSBC's CEO and Chairman speaking to local shareholders?

• London

• New York

• Hong Kong

• Zurich

What is HSBC urging its shareholders to do regarding the spin-off proposal?

• Ignore it

• Support it

• Delay it

• Vote against it