UBS in talks to acquire full ownership of its China platform: report

UBS in talks to acquire full ownership of its China platform: report

FILE PHOTO: UBS Group and Credit Suisse logos are seen in this illustration taken March 18, 2023. REUTERS/Dado Ruvic/Illustration/File photo

UBS is in talks to acquire full ownership of its China platform by swapping its holding in Credit Suisse’s onshore securities venture with a Beijing government investment fund, Bloomberg News reported on Monday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter