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UBS in Talks to Sell Hedge Fund Unit to Cantor Fitzgerald
News May 09, 2025 at 02:40 PM
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What You Need To Know
- UBS is seeking ways to trim riskier businesses as it faces extra capital requirements of as much as $25 billion.
- The new executives of Cantor Fitzgerald’s private investment bank and brokerage said they were looking to grow through acquisitions.
- Earlier this week, UBS announced a separate deal in private credit with alternative asset manager General Atlantic.
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