UBS (UBS SG) says its China fund distribution unit in Shenzhen will cease fund sales business from end of September, but adds other wealth management platforms in China are operating businesses as usual
[MARKET ANALYSIS] T-note futures remain subdued after yields climbed on higher oil prices and the Treasury buyback announcement
US President Trump says he will give a dividend to every adult in the US for USD 5,000 if Republicans wins House and Senate
UBS (UBS SG) says its China fund distribution unit in Shenzhen will cease fund sales business from end of September, but adds other wealth management platforms in China are operating businesses as usual
[MARKET ANALYSIS] Oil futures take a breather after climbing alongside the geopolitical backdrop with Brent crude topping USD 100/bbl
SK Hynix (000660 KS) South Korean Union is to vote on tentative wage deal on September 15th and 16th
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Says:
- Will integrate its wealth management businesses and resources in China.
- China's Greater Bay Area remains its key growth region and it is exploring opportunities to further strengthen its wealth management presence in the Greater Bay Area.
Related headlines
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 1 day ago
- Newsquawk European Market Wrap - 8th September 20261 day ago
- [MARKET ANALYSIS] European bourses hit amid higher energy prices; NOVN SW on track for its biggest daily loss since Covid 20201 day ago
- [MARKET ANALYSIS] European bourses trade lower on light volume as US traders take a holiday2 days ago
- US Market Wrap: Hot NFP raises Fed rate hike bets ahead of CPI/PPI next week 5 days ago
- Newsquawk US Market Wrap: Stocks bid with yields and oil little changed7 days ago
- Treeline Biosciences partners with Roche (ROP SW) to study TLN-121 combinations in B-cell lymphomas, with dosing expected in Q4 20267 days ago
- US Market Wrap: Treasuries and stocks decline as oil rallies on intensifying US/Iran strikes Sep 01
- Nestle (NESN SW) reaches agreement to divest its mainstream vitamins, minerals, and supplements business with the deal valued at USD 1blnSep 01
- Newsquawk European Market Wrap - 1st September 2026Sep 01
- Swiss parliamentary committee has made a decision on UBS's (UBSG SW) capital requirementsAug 31
- US MARKET WRAP: Hawkish Fed Chair Warsh speech sends yields and dollar higherAug 28
- Newsquawk US Market Wrap - NVDA earnings leads tech higher as US/Iran tensions ramp upAug 27
- US MARKET WRAP: Dollar and US yields rise on above expected PCE; stocks rangebound ahead of NVDA earnings Aug 26
- SNB's Martin backs government's proposals for tougher capital rules for UBS (UBSG SW)Aug 26
- Newsquawk US Market Wrap - Stocks bid, yields down as crude slumps on US/Iran ceasefire reportsAug 25
- Newsquawk US Market Wrap: Stocks mixed on tech weakness while long-end yields slideAug 24
- US MARKET WRAP: Stocks and yields gain ahead of key risk week Aug 21
- US MARKET WRAP: Stocks slide and yields reverse higher Aug 20
- US MARKET WRAP: Treasuries and stocks rise, dollar weakens as US Treasury doubles buybacks of long-term bondsAug 19
The whole workspace, free to try.
Try it free