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Swiss bank implements major austerity measures

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UBS1

Walking through the City yesterday, I stumbled across a real jamboree of people just by Liverpool Street.

UBS1

Really weird.  Lots of stalls selling food and loads of people queuing for what seemed like hours to get some of it.

UBS2

What's going on?  This is not normal.

Ahhhh ... it's just UBS deciding that their canteen cost too much, so their staff have been lucky enough to find some entrepeneurial enterprises to pitch up some tents outside and sell them lunch.

UBS3 

Must admit, I do like the thinking of these Swiss banks, although their staff may not take so kindly to queuing up outside when the autumn showers and winter snows hit.

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Chris M Skinner

Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...

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