Wealth and Asset Management
UBS receives regulatory approval for changing its shareholding in Credit Suisse Securities in China
UBS has announced that the firm has received the approval from the China Securities Regulatory Commission (CSRC) to retain a 14.99% stake in Credit Suisse Securities (China) Limited (CSS), while selling a 36.01% stake to Beijing State-owned Assets Management (BSAM)*. CSS, a securities joint venture in China, was formed in…
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