By Katie Reid
ZURICH (Reuters) - Swiss bank UBS plans to slash around 3,500 jobs in a bid to save some 2 billion Swiss francs from annual costs by the end of 2013.
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The banks said of the expected 3,500 staff reductions, approximately 45 percent will come from the Investment Bank, 35 percent from Wealth Management & Swiss Bank, 10 percent from Global Asset Management, and 10 percent from Wealth Management Americas.
(Reporting by Katie Reid)