UBS Divests Former Credit Suisse Fund Division to Management Team

Tuesday, 23 July 2024, 13:11

UBS has announced the sale of a former Credit Suisse fund division to its management team in Switzerland. This strategic move aims to streamline operations and enhance management focus. The transaction reflects UBS’s commitment to optimizing its portfolio while ensuring the continuity of management. With this sale, UBS strengthens its position in the Swiss financial market.
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UBS Divests Former Credit Suisse Fund Division to Management Team

UBS Sells Former Credit Suisse Fund Division

UBS has recently completed the sale of a former Credit Suisse fund division to its management team.

Purpose and Implications

  • This decision aims to streamline operations.
  • It allows management to focus on their expertise.
  • The transaction underscores UBS's commitment to optimizing its financial portfolio.

The deal not only reflects UBS’s strategic vision but also strengthens its presence in the competitive Swiss financial landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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