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A logo of Swiss giant banking UBS Swiss banking giant UBS is seen on October 30, 2012 in Zurich. UBS announced nearly 10,000 job cuts and a third quarter bathed in red due to a massive restructuring of its ailing investment bank, in the latest blow to a Swiss banking sector under fire.  AFP PHOTO / FABRICE COFFRINI        (Photo credit should read FABRICE COFFRINI/AFP/Getty Images) Fabrice Coffrini/AFP/Getty