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UBS has received regulatory approval to fully acquire UBS Securities, increasing its stake to 100% after purchasing an additional 33% from Beijing State-owned Assets Management. This move follows UBS's merger with Credit Suisse and is seen as a significant step in expanding its investment banking and wealth management services in China. UBS Securities, established in 2006, was the first foreign majority-owned securities firm in China as of 2018.
UBS has received regulatory approval from China's securities regulator to fully acquire UBS Securities, raising its stake to 100%. The Swiss bank will purchase an additional 33% from Beijing State-owned Assets Management, solidifying its position in the Chinese market.
UBS has received approval from China's securities regulator to fully acquire UBS Securities, increasing its ownership to 100%. The Swiss bank will purchase an additional 33% stake from Beijing State-owned Assets Management, solidifying its position in the Chinese market.
UBS has received regulatory approval from the China Securities Regulatory Commission to become the sole shareholder of UBS Securities. The Swiss bank will acquire an additional 33% stake from Beijing State-owned Assets Management, raising its ownership to 100%.
Ethan Wang
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs secures full ownership of china securities joint venture
13:26 28.03.2025
ubs secures full ownership of china securities joint venture
12:48 28.03.2025
ubs gains full ownership of chinese securities joint venture
12:26 28.03.2025
ubs gains approval to fully acquire chinese securities joint venture
12:26 28.03.2025
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