Thomas Tapped to Become Global Chairman William B. Thomas is the new chairman of KPMG International, succeeding John B Veihmeyer, who completed his term as Chairman and is retiring from KPMG, officials say. Thomas, who will run the KPMG global network of professional services firms for a four-year term, has previously served as chairman… Read More >>
UBS to Cut 10,000 Jobs as SIFMA Board Elects Officers
UBS to Cut 10,000 Employees by 2015 Swiss banking giant UBS will be cutting its work force by 10,000 over the next two years as it moves away from its less lucrative fixed income business, and attempts to transform itself into “the UBS of the future,” officials say. “By concentrating on its traditional strengths in… Read More >>