UBS gets regulatory approval to fully own China securities joint venture
Published by Global Banking & Finance Review®
Posted on March 28, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 28, 2025
1 min readLast updated: January 24, 2026
UBS receives regulatory approval to fully own its China joint venture, acquiring an additional 33% stake to become the sole shareholder.
BEIJING (Reuters) - China's securities regulator has approved UBS's plan to become the sole shareholder of UBS Securities, the Swiss bank said in a statement on Friday.
UBS will acquire an additional 33% stake in UBS Securities from China's Beijing State-owned Assets Management and raise its stake to 100%, the bank said.
(Reporting by Ethan Wang, Yukun Zhang and Ryan Woo. Editing by Mark Potter)
The main topic is UBS receiving regulatory approval to fully own its China securities joint venture by acquiring an additional 33% stake.
UBS is acquiring the additional 33% stake from China's Beijing State-owned Assets Management.
This acquisition allows UBS to become the sole shareholder of UBS Securities, enhancing its market presence in China.
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