Today news
About the same in other media
UBS to pay back Credit Suisse investors hit by Greensill collapse
Reading now: 255
According to UBS, the payout will allow investors to exit from their positions and will be funded through the purchase of units of the feeder subfunds. The offer to repay investors, which was unveiled today (17 June), will give investors 90% of the funds' NAV determined on 25 February 2021, and will be open until 31 July. UBS said it will take a $900m provision in the second quarter of 2024 to repay investors which, according to the bank, will not affect its financial results or CET1 capital. UBS appoints head of UK wealth management «The offer aims to give fund investors certainty...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
FTX's collapse: A timeline of how the crypto giant imploded euronews.com /6 days ago
Shiba Inu Investors Target New Crypto Casino ICO, Chasing Potential 100x Profits cryptonews.com /6 days ago
Newly named Washington Post editor decides not to take job after backlash, will stay in Britain abcnews.go.com /1 week ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
