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Friday newspaper round-up: UBS Credit Suisse, Master Lock, Southern Water, NHS, Man City

The Swiss investment bank UBS is reportedly preparing to cut more than half the 45,000 staff it inherited from the takeover of stricken rival Credit Suisse, in a move that is expected to begin as early as next month. Insiders have indicated that between 30,000 and 35,000 staff are likely to leave the combined organisation this year in three rounds of cuts beginning in July, according to Bloomberg News. - Guardian
United Arab Emirates United Kingdom Fulvio Filace Maria Vittoria Prati National Research Council Master Lock

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Fortune Brands Completes Acquisition of Emtek and Schaub Premium Hardware Brands and the U.S. and Canadian Yale and August Residential Smart Lock Brands

Fortune Brands Innovations, Inc. , an industry-leading home, security and commercial building products company, today announced it completed the acquisition of the Emtek and Schaub premium and luxury... | June 20, 2023
Nicholas Fink Assa Abloy Fortune Brands Innovations Inc Fortune Brands Innovations Canadian Yale Fortune Brands

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