- Reuters
UBS begins major share buy-back programme
UBS has begun a share buyback program announced earlier this year, and repurchased 44.8 million Swiss francs ($50.21 million) worth of shares last week, the Swiss bank said on Monday. Share buybacks and dividends are seen by analysts as a reason why investors are putting their money into UBS stock since its takeover of longtime rival Credit Suisse last year.
- Bloomberg
UBS Offers to Pay Investors 90% on Funds Hit by Greensill
(Bloomberg) -- UBS Group AG said it would give investors in Credit Suisse funds linked to the collapse of Greensill Capital a significant proportion of their money back, as the Swiss bank looks to clear through the legacy issues of its former rival. Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanThese Are the World’s Most Expensive Cities for Expats in 2024How the US Mopped Up a Third of Global Capital Flows Since CovidHedge Funds’ Secret Weapon to Fight
- Zacks
UBS Group (UBS) Plans to Divest Credit Suisse's China Unit
UBS Group (UBS) enters into final discussions to sell its China brokerage venture of Credit Suisse. On completion of the transaction, UBS is set to retain 15% ownership of the Credit Suisse venture.
