UBS eyeing asset management merger with DWS – reports
Swiss bank could combine businesses and spin them out as separate entity
Swiss bank could combine businesses and spin them out as separate entity
Premium price tag is several times higher than bid rejected in 2016
CEO describes market outlook as positive for ‘better quality advisers’
Asset management staff have become accustomed to bonuses after 10-year bull market
13 other firms have already been stung over similar Mifid breaches
Asset manager will specialise in thematics such as water and energy strategies
City Financial fell into administration late last week
Raft of appointments adds certainty to joint venture after Standard Life Aberdeen hiccup
Compliance chief and COO break away to form business backed by City Financial investor
Deal provides a springboard for the business to enter new markets
Deal will see transfer of £1bn in assets
UK bank could owe funds giant £300m if it moves forward with pulling assets