BLOOMBERG Royal Bank of Canada (RBC) said it plans to cut as much as 2% of its full-time equivalent (FTE) staff in the coming quarter after a surge in expenses weighed on third-quarter results. Non-interest expenses climbed 23% to C$7.86 billion ($5.8 billion) for the fiscal third quarter, compared with the C$7.31 billion average of analyst estimates compiled by Bloomberg. ...

BLOOMBERG UBS Group AG is poised to decide in favour of fully integrating Credit Suisse’s domestic bank, ending months of speculation about the future of the business. The Zurich-based lender has set a target of winding down the Credit Suisse brand in the country, people familiar with the matter said. Executives are preparing for an announcement as soon as the ...

SHARJAH / WAM Sharjah Public Library (SPL) has made its third consecutive appearance at the World Library and Information Congress (WLIC), which is hosting its 88th annual edition in Rotterdam, the Netherlands. SPL’s participation, from August 21-25, is aligned with the theme of the congress, ‘Let’s work together, let’s library’. SPL seeks to promote knowledge exchange and industry best practices ...