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UBS Weighs Credit Suisse China Stake Swap With Beijing Government

UBS Weighs Credit Suisse China Stake Swap With Beijing Government
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

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UBS In Talks To Swap Credit Suisse Stake For Full Ownership Of China Unit: Report

UBS In Talks To Swap Credit Suisse Stake For Full Ownership Of China Unit: Report
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UBS Weighs Credit Suisse China Stake Swap With Beijing Government

UBS Group AG is in discussions to attain full ownership of its China platform by swapping its holding in Credit Suisse’s onshore securities venture with a Beijing government investment fund, according to people familiar with the matter.

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UBS weighs Credit Suisse China stake swap with Beijing government

The Zurich-based lender is proposing to buy the 33% stake held by Beijing State-Owned Assets Management Co. in their joint venture UBS Securities Co., the people said, asking not to be identified discussing a private matter.

San franciscoUnited statesPeng zhaoCredit suisseAssets management coSecurities coChina securities regulatory commissionJack ant group coAnt groupKen griffin citadel securitiesSuisse chinaBeijing state owned assets managementSuisse securitiesJack ma backed ant groupKen griffinCitadel securities

UBS In Talks To Swap Credit Suisse Stake For Full Ownership Of China Unit : Report

(RTTNews) - UBS Group AG is in discussions to acquire full ownership of its China platform by exchanging its stake in Credit Suisse s onshore secu.

Securities coAssets management coCredit suisseBeijing state owned assets managementSuisse securities

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