在精简投资银行业务上，瑞银（UBS）做出了一项令人咂舌的决定砍掉包括固定收益部门下的多项业务。这与其他措施一起，将使瑞银的雇员总数在未来3年内再削减1万人。

In the simplified investment bank business,ubs(UBS)Made an exciting scenario-in decided to cut including fixed income under the department of a number of operations.This and other measures together,Will make ubs employees total in the next three years to cut 10000 people.

　　“没想到会这么激进。”一名瑞银员工得知消息后表示，公司动作之大远远超出预期。

"Didn't expect such a radical."A ubs employees know that news said,The company action of much faster than expected.

　　最近一两周内，瑞银香港办公室已经开始在投资银行（传统投行业务）、固定收益等部门进行裁员，而这些被裁的员工还只是上一轮裁员计划（3500人）的一部分。上述员工透露，这轮裁员中，固定收益部门波及2人，投资银行部门约10人，交易部门则在10月30日一天内有约10人收到“大信封”。

A recent two weeks,Ubs Hong Kong office has started in the investment bank(Traditional investment banking)/Fixed income and other departments to layoffs,And these are cutting staff is only last round of the planned layoffs(3500 people)Part of.The staff said,This round of layoffs,Fixed income department sweep 2 people,Investment bank department about ten people,Trading department is in October 30, in one day received about 10 people"Big envelope".

　　经历魔鬼交易员带来的重创后，去年11月，瑞银公布的战略调整计划中，已经将精简投资银行业务提上日程。10月30日公布的更新计划显示，瑞银决定使出更大的杀手锏。

Experience the devil traders brought after defeat,Last November,Ubs announced strategic adjustment plan,Have will lean investment banking put on the agenda.October 30, published updated plan display,Ubs decided to use more ace in the hole.

　　“瑞银将把重心放在咨询、行业研究、股票、外汇和贵金属等具有传统优势的业务，退出固定收益等盈利严重受到监管和市场发展变化影响的业务。”瑞银表示，未来，投资银行部门仍为集团内的改造重点。

"Ubs will focus on consulting/Industry research/stock/Foreign exchange and precious metals, etc with traditional strengths of business,Exit fixed income and profit suffer supervision and market development change affects business."Ubs said,The future,Investment banking sector is still within the group the transformation of key.

　　放弃全能银行 Give up the almighty bank

　　与前任首席执行官郭儒博（Oswald J. Grübel）坚守的全能模式相反，任职仅13个月的塞尔吉奥·埃尔默蒂（Sergio Ermotti）正在努力让瑞银回归本业。

With former chief executive GuoRuBo(Oswald j. Grubel)Stick to all-round mode instead,In office for only 13 months of sergio Elmer speed(Sergio Ermotti)Efforts are being made to get ubs regression inheritance.

　　根据计划，瑞银将放弃固定收益业务的大部分产品和服务，仅保留那些在提供财富管理及企业咨询服务时所必须的业务或产品，信用、利率交易以及结构性金融服务将被有限保留，以为其解决方案主导的业务提供支持。

According to the plan,Ubs will abandon the fixed income business most of the goods and services,Keep only in the provision of wealth management and corporate advisory services necessary for business or product,credit/Exchange rate and structural financial services will be limited reserves,Thought the solution dominant in the business of providing support.

　　2008年，固定收益、货币及商品部门（合称“FICC”）给瑞银带来净亏损31.7亿瑞士法郎，占当年集团净亏损的15%，一些高层随之离去。2009年，瑞银为该部门请来17名中高层。

In 2008,,Fixed income/Currency and commodity department(are"FICC")Ubs brought to net loss of 3.17 billion Swiss francs,The group accounts for 15% of the net loss,Some top then leave.In 2009,,Ubs for this department please 17 senior.

　　但并未能完全扭转FICC的命运。过去一段时间里，与其他业务相比，FICC的表现不如人意。今年第三季度，FICC收入约11亿瑞士法郎，与第二季度基本持平，比第一季度下降26%。

But it is not entirely torsional FICC fate.In the past period of time,Compared with other business,FICC performance not satisfied.In the third quarter of this year,FICC revenue of about 1.1 billion Swiss francs,And the second quarter flat,Than the first quarter fell by 26%.

　　“今天公司有很多内部电话会议。”上述员工告诉记者，主要是对员工传达新的计划，并宽慰大家关键业务将会继续保留。

"Today, the company has a lot of internal conference call."The staff told reporters,Is mainly to communicate new plan,And relieved everybody key business will continue to keep.

　　瑞银称，被砍掉的业务主要是那些没有满足资本成本持续性要求、经营环境过于复杂或者是长尾风险可能会影响未来收益的业务。

Ubs says,The main business was cut off is those who do not meet cost of capital sustainability requirements/Business environment is too complicated or long tail risks might affect future income business.

　　瑞银第三季度财报中指出，退出的业务包括固定收益业务中多项资本效用最低的业务，投资银行部门下的咨询和资本市场业务将不会做出重大改变，但现有业务将会被重新整合。将被削减的业务或被出售或直接退出，瑞银投行部门联合主管之一Carsten Kengeter将负责处理这些退出业务。

Ubs third quarter earnings says,Exit business including fixed income business many capital utility minimum business,Investment bank department of consulting and capital markets business will not make a big change,But the existing business will be to integrate.Will be cut business or be sold or directly exit,Ubs investment bank department of joint competent Carsten Kengeter will be responsible for handling these retire from business.

　　“裁员将在未来三年时间内进行，瑞银并不是短期内就大幅削减1万名员工。”埃尔默蒂在电话会议上强调，由于投资业务主要在瑞士以外的地区运作，因此计划对瑞士的员工影响有限，而对英国、美国等投资业务占比较高的地区影响更为明显。在英国，瑞银6500名雇员中约2/3供职于投资银行。

"Job cuts will be in the next three years within the time,Ubs and not in the short term will slash 10000 employees."Elmer speed in a telephone conference stressed,Due to the main business investment in the area beyond Swiss operation,So plan to Switzerland, a limited impact on employee,In Britain and/The United States and other investment business accounts for higher regional influence is more apparent.In Britain,Ubs 6500 employees working for about two-thirds of the investment bank.

　　瑞士的裁员名额约2500人，而英美则将砍掉约7500个员工。彭博称，伦敦的约100名固定收益交易员正在被休假。瑞银表示，裁员将主要以自然流失的形式进行，到2015年，瑞银的雇员总数将由目前的6.4万人减少至5.4万人。不过，瑞银在电话会议上并未给出更具体的裁员计划。

Switzerland's downsizing quota of about 2500 people,And the British and American will cut off about 7500 employees.Bloomberg said,The London about 100 fixed income traders are being on vacation.Ubs said,Cuts would be mainly in the form of natural loss,By 2015,Ubs employees will have a total of 64000 people from the current to reduce to 54000 people.but,Ubs in a telephone conference did not give a more specific the planned layoffs.

　　削减成本大手笔 Great to cut costs

　　除了砍掉大部分固定收益业务外，瑞银还将对投资银行为期三年的整改，旨在把重点放回传统优势业务，包括咨询、行业研究、股票、外汇和贵金属业务，并重点服务于两大核心客户群。首先是公司客户，包括为公司、金融机构等客户提供咨询、解决方案和执行服务。第二类为投资者客户，包括为机构投资者提供执行、交易等服务，及为财富管理业务提供支持。

In addition to cut off most of the fixed income business outside,Ubs investment bank will be to three years of rectification,The key to put back the traditional advantage of business,Including consulting/Industry research/stock/Foreign exchange and precious metals business,And mainly serve two core customer base.The first is the company's customers,Including for the company/Financial institutions provide consultation/Solutions and executive service.The second type for investors to the customer,Including for institutional investors to provide execution/Trading service,And to provide support for the wealth management business.

　　瑞银预期两类客户分别为投资银行贡献1/3和2/3的收入，并分别占用约15%和85%的巴塞尔III下的风险加权资产。到2013年，整改措施预计可以帮助瑞银将投资银行业务占用的巴塞尔III风险加权资产将降至700亿瑞士法郎，比今年第三季度减少900亿瑞士法郎。

Ubs expected two types of customers are investment Banks contribution to 1/3 and 2/3 of the income,And they take up about 15% and 85% of the Basel III of risk-weighted assets.By 2013,Corrective actions are expected to help ubs investment banking business will be occupied by the Basel III risk-weighted assets will drop to 70 billion Swiss francs,In the third quarter of this year than a decrease of 90 billion Swiss francs.

　　此外，瑞银同时在集团内宣布多项提升效率的措施，包括简化产品组合、改善内部处理程序等。

In addition,Ubs at the same time in the internal group announced a number of measures to improve efficiency,Including simplified product portfolio/Improving the internal processing procedures, etc.

　　瑞银预计，截至今年第四季度，这些战略调整措施预计带来约5亿瑞士法郎的重组费用，并在未来三年内，平均每年产生10亿瑞士法郎的重组费用。预计到2015年，实施上述措施将使瑞银年度成本节约额达到34亿瑞士法郎。去年8月该行宣布的每年20亿瑞士法郎的节约计划将于2013年完成。

Ubs is expected to,By the fourth quarter of this year,These strategic adjustment measures is expected to bring about 500 million Swiss francs restructuring costs,And in the next three years,Average annual produce 1 billion Swiss francs restructuring costs.It is estimated that by 2015,Implementation of the above measures will make ubs annual cost savings to 3.4 billion Swiss francs.Last August every year the bank announced 2 billion Swiss francs savings plan will be completed in 2013.