UBS bank to hire hundreds of new bankers and traders

UBS bank will hire hundreds of new bankers and traders after reporting profits of £1.3bn for the first quarter of 2010.

Despite cutting about 17,000 employees since 2007, the Swiss bank is now looking to recruit hundreds of new staff in offices including London, the Guardian has reported.

Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

Email(Required)

OptOut

From time to time, we will send you emails about selected products, events and services from Personnel Today and OHW+ - but you can choose to opt-out at any time. If you do not wish to receive these emails, please tick this box.

Phone

This field is for validation purposes and should be left unchanged.

Δ

The company added it was in talks with property firm British Land about building a new UK headquarters in the City, where it employs 6,300 people.

Oswald Grübel, UBS’ chief executive, said the outlook for the second quarter was positive, and the bank was “well positioned to meet our medium-term goals”.