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.

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.
The transaction is among the first ever global blockchain-based transactions involving multiple jurisdictions, UBS said.
James Fava has joined Trusted Novus Bank in Gibraltar.
Despite the headwinds, a full-blown banking crisis is still unlikely, said UBS.
UBS is hiring, JP Morgan on passives, China’s brutal ETF market, welcome to the crypto binge hangover, property melts down in rate heatwave, Goldman’s little green fine and much more.
T Rowe Price floats, income (again), AAII bulls vs bears, getting bookish on ESG and impact, The FTX saga rumbles on, Warren Buffet’s wisdom abounds, Disney crash, Franklin Templeton’s birthday and much more.
Pei also discusses why Korea is currently a ‘free meal’ and India is overpriced.
WE.UBS is the first platform of its kind by a global wealth manager in the country.
HSBC and Standard Chartered also record third-quarter results.
Part of the Mark Allen Group.