Stacy Wong, who brings with her over 25 years of experience in the wealth management sector, joins from UBS.
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Stacy Wong, who brings with her over 25 years of experience in the wealth management sector, joins from UBS.
Deal offers clients ‘enhanced global offering, broader geographic reach and access to even greater expertise’.
Buffered funds come out to play, Singapore and Shanghai connect, Franklin’s buying again, under and over estimating technology, US debt ceiling melodrama, Evergrande’s non-payment and much more.
The decision was reportedly made as UBS, which is in the process of acquiring Credit Suisse, already has a locally incorporated bank in China.
The number of jobs cut could reach over 30,000 globally.
Retirement at Aviva Investors, inflation beneficiaries (maybe), Allianz Global Investors is going all in in China, BNP Paribas’ thematic outlook, UBS and Credit Suisse, Nasdaq performance and much more.
In addition, the Swiss bank is launching a new alternative offering to setting up a foundation.
Rival UBS has agreed to buy the embattled investment bank for more than $3bn.
UBS is only the latest foreign firm to throw its hat in the ring in China by seeking to apply for a mutual fund licence.
Return stacked strategies, UBS and China, Allfunds in play (again), Vanguard sticks to its guns, First Sentier on India, amusement in Indonesia, flight price horrors and so much more.
Part of the Mark Allen Group.