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ZURICH (Reuters) - Switzerland's biggest bank UBS AG is to axe 3,500 jobs to shave 2 billion Swiss francs (1.5 billion pounds) off annual costs as it joins rival investment banks in reversing the post-crisis hiring binge and preparing for a tough few years.<img width='1' height='1' src='http://mf.feeds.reuters.com/c/871/f/415342/s/1796f644/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://res.feedsportal.com/viral/sendemail2.html?title=UBS+axes+3%2C500+jobs+in+cost-cutting+push&link=http%3A%2F%2Fuk.reuters.com%2Farticle%2F2011%2F08%2F23%2Fuk-ubs-idUKTRE77M0ZR20110823%3FfeedType%3DRSS%26feedName%3DtopNews" target="_blank"><img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" /></a></td><td valign='middle'><a href="http://res.feedsportal.com/viral/bookmark.cfm?title=UBS+axes+3%2C500+jobs+in+cost-cutting+push&link=http%3A%2F%2Fuk.reuters.com%2Farticle%2F2011%2F08%2F23%2Fuk-ubs-idUKTRE77M0ZR20110823%3FfeedType%3DRSS%26feedName%3DtopNews" target="_blank"><img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" /></a></td></tr></table></div><br/><br/><a href="http://da.feedsportal.com/r/110621919423/u/0/f/415342/c/871/s/1796f644/kg/253-264/a2.htm"><img src="http://da.feedsportal.com/r/110621919423/u/0/f/415342/c/871/s/1796f644/kg/253-264/a2.img" border="0"/></a> [More]

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