Today: March 04, 2024
Today: March 04, 2024

UBS to expand presence in U.S. market - Swiss paper

Share This
UBS to expand presence in U.S. market - Swiss paper
Reuters
Reuters
December 03, 2023

(Reuters) - Swiss bank UBS plans to expand its presence in the U.S. market as part of its strategy to hit $150 billion in net new money, or inflow of new funds, per year, an executive told Swiss newspaper NZZ Am Sonntag in an interview published on Sunday.

The fourth-largest asset manager in the United States plans to invest heavily over the next three years, Iqbal Kahn, head of its asset management division, told the paper.

(Reporting by Victoria Waldersee, Paul Arnold; Editing by Bernadette Baum)

Popular

What to know about Super Tuesday and why it matters

Super Tuesday is traditionally the biggest day nationwide for primary elections and caucuses before the actual Election Day in November

Tesla shares skid after February China sales slump

By Hyunjoo Jin San Francisco (Reuters) - Shares of Tesla fell more than 7% on Monday after its sales slumped in February in China, where it faced rising competition and a slowdown during the Lunar New

Judge rejects Sen. Bob Menendez's claims that search warrants in bribery case were unconstitutional

A federal judge has rejected U.S. Sen. Bob Menendez's claims that search warrants leading to corruption charges and the discovery of gold bars and cash at his New Jersey home were unconstitutional

Apple to pay C$14.4 million to settle iPhone throttling case in Canada, CBC reports

OTTAWA (Reuters) - A British Columbia Supreme Court judge has approved a proposed C$14.4 million ($10.6 million) settlement from Apple to eligible members of a class-action lawsuit that accused the

Houston holds tight grip on No. 1, Kansas drops out of top 10 for first time in 3 years

Houston still has a tight grip on No. 1 in the AP Top 25 while Kansas is out of the top 10 for the first time in three seasons

Brothers Travis and Jason Kelce honored with bobblehead giveaway at Cavs-Celtics game

Taylor Swift’s boyfriend has taken shaking it off to another level

Related

Nippon Steel exec to meet USW head to seek support for U.S. Steel deal

By Yuka Obayashi and Ritsuko Shimizu TOKYO (Reuters) - A senior Nippon Steel executive told Reuters he is set to meet the United Steelworkers (USW) union chief this month to seek support for acquiring

First over-the-counter birth control pill in US begins shipping to stores

The first over-the-counter birth control pill will be available in U.S. stores later this month

Ohio foundation begins process to distribute millions in opioid settlement money

Ohio is ready to begin doling out hundreds of millions of dollars in opioid settlement money to community and government organizations

American Airlines to buy 260 new planes from Airbus, Boeing and Embraer to meet growing demand

American Airlines is ordering 260 new planes to meet growing travel demand and increase the airline’s supply of premium seats

- Advertisement -
Advertisement: Limited Time Offer