Wealth and Asset Management
UBS and Wealthfront mutually agree to terminate merger agreement
UBS to purchase a USD 69.7 million note convertible into Wealthfront shares. UBS remains committed to its growth plans in the US and strengthening its digital offering UBS and Wealthfront have mutually agreed to terminate their merger agreement, initially announced 26 January 2022, under which Wealthfront was to be acquired…
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