UBS: UBS Secures Key Regulatory Win in China

read the original version on: www.retailnews.asia Swiss bank UBS is strengthening its presence in China after receiving regulatory approval to acquire a local securities firm fully. UBS will acquire an additional 33 percent stake in UBS Securities from Beijing State-owned Assets Management Co., Ltd (BSAM), thereby taking full control of UBS Securities in China. The big bank announced this on Friday, having [...] The post UBS Secures Key Regulatory Win in China appeared first on Retail News Asia.