Swiss bank UBS to cut as many as 10,000 jobs | Redux

Swiss bank UBS to cut as many as 10,000 jobs

Excerpt:

Keywords:

bankinvestment bankfrancsSwiss francsdebtUnited StatesUBS AGSwitzerlandLondon Interbank Offered RateSwiss bankingsovereign debtNew York Citytax havenexecutive boardEuropean nationsfinancial crisisopen market5 percentheadcountrequirementsreferendumslayoffsbearishglobalunwindsharpendownsizingLiborbullishInterbankfixed-incomeSergiorestructuringaccelerationunauthorizedcushionwrite-downKwekuGENEVAjurybailoutriggingassetsAndreareportersfrauddealsdisputesInvestorscash

People:

CEO Sergio Ermotti

Overall Sentiment: -0.160491

Relevance: 0.274006

Sentiment	Quote
0.0118663	CEO Sergio Ermotti said the investment unit, which has been hit by a series of costly blunders in recent years, will "continue to be a significant global player in its core businesses."
-0.17249	Ermotti said Switzerland's tax disputes with the United States and some European nations are "an economic war" ...
Sentiment Stats:	Number of Quotes: 2 Aggregate Sentiment: -0.1606237 Mean: -0.08031185 Standard Deviation: 1.7320508075689

Kweku Adoboli

Overall Sentiment: -0.25725

Relevance: 0.19878

Carsten Kengeter

Overall Sentiment: -0.343936

Relevance: 0.188901

Andrea Orcel

Overall Sentiment: 0.134003

Relevance: 0.175762

Key:

• Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
• The Mean is meant to be an indicator of an individual's average comment sentiment.
• The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

Company: UBS AG

Overall Sentiment: -0.100548

Relevance: 0.760455

Disambiguation: References:

• UBS AG
• UBS AG: dbpedia
• UBS AG: freebase
• UBS AG: opencyc
• UBS AG: yago

FieldTerminology: investment bank

Overall Sentiment: -0.104557

Relevance: 0.829975

Country: Switzerland

Overall Sentiment: -0.145242

Relevance: 0.37239

Disambiguation: References:

• Switzerland
• Switzerland: dbpedia
• Switzerland: freebase
• Switzerland: ciaFactbook
• Switzerland: umbel
• Switzerland: opencyc
• Switzerland: yago

Site Tags Details

Source : Source

Provided Title:

Swiss bank UBS to cut as many as 10,000 jobs

Provided Keywords:

• bank
• job cuts
• jobs
• Stamford
• UBS

Provided Desc:

News of the layoffs came as Swiss bank posted another big loss for the third quarter; Some of the job cuts will be in the U.S.

Data Sources

Full Content: http://feeds.cbsnews.com/~r/CBSNewsBusiness/~3/ZN6ktWQort8/

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