Brief: UBS To Transfer Former Credit Suisse Fund Administration Businesses To Northern Trust
BRIEF-UBS To Transfer Former Credit Suisse Fund Administration Businesses To Northern Trust Oct 6 (Reuters) - UBS GROUP AG UBSG.S:
TO TRANSFER FORMER CREDIT SUISSE FUND ADMINISTRATION BUSINESSES TO NORTHERN TRUST
EXTENDS FUND ADMINISTRATION AGREEMENT WITH NORTHERN TRUST TO INCLUDE UBS-SERVICED FUNDS
TRANSACTION IS EXPECTED TO CLOSE IN 2Q 2027, AND UBS WILL EXIT THE FUND ADMINISTRATION BUSINESS
TO MIGRATE FUND ADMINISTRATION SERVICES TO NORTHERN TRUST OVER TWO YEARS
TO SIMPLIFY LUXEMBOURG MANAGEMENT COMPANY OPERATING MODEL TO FOCUS ON IN-HOUSE FUNDS
Further company coverage: UBSG.S
(Gdansk Newsroom)
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