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Share Name | Share Symbol | Market | Type |
---|---|---|---|
UBS Group AG | NYSE:UBS | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.45 | -1.68% | 26.40 | 26.57 | 26.005 | 26.29 | 1,789,015 | 00:54:21 |
--UBS Group AG and China Life Insurance Group are in talks to launch an asset management joint venture in China, Reuters reports, citing two anonymous sources.
--The parties have signed a memorandum of understanding to set up the venture, in which the Swiss bank would hold a majority stake, according to the news outlet.
--The launch is subject to the approval of the China Banking and Insurance Regulatory Commission, Reuters reports.
Full story: https://reut.rs/3m9w4Ci
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
December 16, 2021 04:59 ET (09:59 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year UBS Chart |
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