Mergers & Acquisitions
Wealth and Asset Management
UBS acquires 4.8% stake in Indian wealth manager 360 One Wam
UBS has acquired an approximately 4.8% stake in India’s 360 One Wam after converting warrants into shares, the Swiss bank said on Thursday, marking another step in the companies’ strategic partnership. The deal comes as foreign banks face stiff competition from wealth managers amid regulatory constraints in India. Last April,…
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Click here to read the full story: Reuters