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UBS Remains Resolute In Expanding Wealth And Asset Management Operations In China Amid Economic Challenges And Global Tensions
Monday, January 8, 2024 - 2:21am | 595In the face of economic difficulties and deal shortages, Swiss multinational investment bank UBS Group AG (NYSE:UBS) remains undeterred in its pursuit to enhance its wealth and asset management operations in China. What Happened: Eugene Qian, the China head of UBS, highlighted the strategic...
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CIT Group Looking To Sell Commercial Air Unit For As Much As $4 Billion
Tuesday, May 31, 2016 - 10:58am | 244Shares of CIT Group Inc. (NYSE: CIT) were trading higher by more than 1 percent on Tuesday following a report by Reuters that the company is looking to sell its aircfrat leasing assets which could fetch $3 billion to $4 billion. Interested bidders include more than a dozen entities, including...
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AgBank Now Officially World's Biggest IPO
Friday, August 13, 2010 - 8:21am | 94Agricultural Bank of China has now fully exercised an over-allotment option for the Shanghai portion of its massive initial public offering. The proceeds from the offering are now $22.1 billion, making this I.P.O. the largest in history Reuters writes. The exercise of the over-allotment, which is...