UBS Group AG Eyes Full Ownership of Securities Joint Venture in China
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UBS Group AG is moving to acquire full ownership of its securities joint venture in China, UBS Securities. This strategic move aims to bolster UBS's presence in the Chinese market.
November 26, 2024 | 5:15 pm
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UBS Group AG is acquiring full ownership of its joint venture, UBS Securities, in China. This acquisition is part of UBS's strategy to expand its market presence in China.
The acquisition of full ownership in UBS Securities allows UBS to have greater control and flexibility in its operations in China, a key growth market. This move is likely to be viewed positively by investors as it aligns with UBS's strategic goals to expand in China.
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