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UBS to revamp investment bank in bid to lift flagging earnings

September 7, 2019September 7, 2019 Loknath DasBank, Bid, flagging, In, investment, lift, Revamp, to, UBS

Switzerland’s UBS plans another shake-up of its investment banking arm to help boost earnings and curb costs after tough market conditions precipitated a performance dip. The world’s largest investment banks have had their worst start to a year since 2006, the latest data published by industry analyst Coalition on Thursday shows. “What’s been communicated today was a reorganisation, which did not include a specific number of job cuts,” a person familiar with the matter said, adding that the restructuring would be carried out by the end of the year. Switzerland’s…

Feeling down? Take a break from Facebook to lift your spirits

December 22, 2016 Srijitaa, break, Down, Facebook, Feeling, From, lift, spirits, Take, to, Your

If you are feeling blue and cannot figure out why, taking an occasional break from Facebook might do wonders, suggests a research. The study showed that regular use of social networking such as Facebook can negatively affect your emotional well-being and satisfaction with life, but you do not have to quit Facebook altogether. Simply changing your social networking behaviour and taking an occasional break from Facebook may lift your spirits, said the study published in the journal Cyberpsychology, Behaviour, and Social Networking. In the study, Morten Tromholt from the University…