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Saudi Aramco's $12 billion stock sold out in a few hours
Saudi Aramco's $12 billion stock sold out soon after Sunday's trading began, a boon for the government, which is seeking funding to help pay for large-scale economic transformation plans. According to the terms of the transaction as seen, within a few hours after the market opened, the government made requirements for all stocks. The book costs between 26.70 riyals and 29 riyals. Three people familiar with the matter said that although it is unclear how much demand comes from overseas, the orders reflect a mix of local and foreign investors. Three people familiar with the matter declined to be named because the information was not disclosed. The degree of participation of foreign investors will be affected by
Press Release: UBS Announces Assumption of Three Outstanding Credit Suisse ETNs; Rebranding as "ETRACS"
UBS Announces Assumption of Three Outstanding Credit Suisse ETNs; Rebranding as "ETRACS" NEW YORK--(BUSINESS WIRE)--May 31, 2024-- UBS Group AG announced on May 31, 2024, that it has completed the m
UBS Hires Financial Advisor Mariam Adams
UBS today announced that financial advisor team The Adams Group has joined the firm. The team, which manages over $170 million in client assets, is led by Financial Advisor Mariam Adams, and also includes Client Service
A milestone has been reached! UBS (UBS.US) and Credit Suisse complete merger after a year
UBS Group (UBS.US) said on Friday that it has completed the merger with Credit Suisse Group. Thanks to the support of global regulators, the merger was completed within the expected time frame.
UBS Says Takeover of Credit Suisse Is Now Complete
By Barbara Kollmeyer The historic takeover of Credit Suisse is now complete, UBS, arch rival of the failed Swiss bank announced Friday. Credit Suisse has been deregistered in Zurich and will cease t
UBS AG Completes Merger With Credit Suisse AG; U.S. Merger Set for June 7
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