UBS Picks China Over Citadel Securities for Credit Suisse Unit

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UBS Group AG has entered final negotiations with a Beijing-backed fund over the sale of Credit Suisse’s money-losing China venture after talks with Citadel Securities LLC stalled, according to people familiar with the matter.

UBS Picks China Over Citadel Securities for Credit Suisse UnitA €20 Million Insider-Trading Case Kept Alive in France as Privacy Bid FlopsIt’s a Miserable Time to Try and Land an InternshipLloyds to Move Thousands Back Into Refurbished City of London HQPrivate Lenders Storm Public Bond Markets at Record-Setting PaceOaktree-Backed NAV Lender 17Capital to Expand Into DubaiAres Said to Explore Deal for Real Estate Investor GLP Capital PartnersUS Producer Prices Surprise With Biggest Decline Since...

2% in May as labour market disappoints jobseekersBig 6 banks see at least 2 more Canada rate cuts in 2024Statistics Canada reports country posted $1B merchandise trade deficit for AprilThe Daily Chase: Nvidia joins $3 trillion clubMacron Approval Rating Falls to Lowest Since Late 2018 in PollLabour Says It’s ‘Determined’ to End Private Equity Tax LoopholeUS Election May Leave Parts of Inflation Reduction Act Vulnerable, KKR SaysChina Firms File for Dumping Probe of EU Pork, Global Times...

Source: Loan Digest (loandigest.net)

 

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