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Bank of America doubles workforce in Switzerland amid market opportunities

Bank of America has rapidly doubled its workforce in Switzerland, aiming to capture market share from UBS following recent upheavals in the Swiss banking sector. CEO Brian Moynihan noted the swift expansion, highlighting opportunities in credit and specialty services that UBS may not fully provide. Major global banks are increasing their corporate client activities in the region, intensifying competition.
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United States Dollar Bank of America Corporation Citigroup Inc. BNP Paribas SA Credit Suisse High Yield Bond Fund, Inc. UWS JP Morgan EM A OSB CHE Thorsten Pauli Brian Moynihan Show more
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09:26 13.02.2025
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