Possibility of UBS bid lifts Sarasin shares 12%

Article Abstract:

Bank Sarasin saw its share value rise by 12% on the possibility of a acquisition offer by UBS AG. UBS is considering either an acquisition or a partnership with Sarasin.

Commercial Banking, Securities prices, Commercial banks, Bank Sarasin et Cie.

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UBS goes home with its trophy: Sauerborn Trust

Article Abstract:

UBS AG is to merge its private banking operations with Sauerborn Trust AG in its home country of Germany. Sauerborn Trust specializes in providing asset management advice to high-net-worth clients. The purchase marks a significant step forward for UBS in its strategy to increase its presence in key European countries.

Europe, Forecasts, trends, outlooks, Financial management, Management dynamics, Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Management, Financial services industry, Finance, Company business management, Company financing, Industry forecasts, Aims and objectives

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UBS's deal for Brazilian Bank whets its acquisitive appetite

Article Abstract:

UBS AG of Switzerland has acquired Banco Pactual S.A. of Brazil for $1 billion upfront and $1.6 billion in five years tied to performance. The banking giant is looking for further acquisitions.

Brazil, Company overview

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