Switzerland based bank, UBS AG, is set to cut its workforce by 16% according to a source. UBS currently employs about 60,000 people around the world. This is set to be one of the biggest blows in the banking industry’s history. Click below for more info. Funk Flex
Whistleblower Gets $104 Million From IRS!
Bradley Birkenfeld was just released from federal prison six weeks ago! In 2008, he plead guilty to helping American clients avoid paying federal tax income and other taxes to the IRS. A former employee of UBS, he confessed to helping a businessman hide $200 million in assets and avoid paying $7.2 million in taxes. Click below to read more. Jason J.
Tech Talk News: Guess How Many iPhone’s Will Sell In Q4???
I can tell you before the Jump is it’s a Lot!!! Follow @TatWza +TatWZA
UBS Loses $2 Billion After Rogue Trader Makes Unauthorized Deals For Swiss Banking Giant
A rogue trader for Swiss banking giant UBS has been arrested for allegedly making unauthorized deals that cost the investment firm $2 billion. Hit the jump to read the rest of the story. @WiL
