UBS fund management arm reports 3% stake in Swiss National Bank

Reuters10-25 19:56

(Reuters) - UBS Fund Management (Switzerland) AG now holds a 3% stake in Swiss National Bank, according to an October filing with the country's SIX stock exchange. According to LSEG data, UBS Asset ...

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Cantonal banks and private sector shareholders hold the rest, it said.UBS last year acquired rival Credit Suisse, which collapsed after a string of financial setbacks. 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Cantonal banks and private sector shareholders hold the rest, it said. \n UBS last year acquired rival Credit Suisse, which collapsed after a string of financial setbacks. UBS is in the process of integrating Credit Suisse, which LSEG data shows had at least one unit that held SNB shares. \n (Reporting by Marleen Kaesebier; Additional reporting by Oliver Hirt and John Revill; Editing by David Goodman)","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2478818619"}