UBS Reportedly In Talks To Sell Hedge Fund O'connor

(MENAFN- Swissinfo) UBS is in talks to sell O'Connor, one of its hedge fund units (high-risk funds), to the US firm Cantor Fitzgerald, according to Bloomberg, citing people involved in the project. This content was published on May 9, 2025 - 14:57 1 minute Keystone-SDA

• Italiano it UBS sarebbe in trattativa per vendere unità hedge fund O'Connor Original Read more: UBS sarebbe in trattativa per vendere unità hedge fund O'Conno

+Get the most important news from Switzerland in your inbox

The news agency reported that the move would be part of an approach by the Swiss bank to reduce the risks on its balance sheet, particularly in view of possible stricter capital requirements.

+ Read about the fight between UBS and Swiss regulators

Contacted by Bloomberg, neither UBS nor Cantor Fitzgerald would take a position on the issue.

O'Connor joined UBS more than 30 years ago. In 1992, the bank acquired Chicago-based O'Connor & Associates, which specialised in derivative products.

Translated from Italian by DeepL/ts

How we work

We select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate them into English. A journalist then reviews the translation for clarity and accuracy before publication. Providing you with automatically translated news gives us the time to write more in-depth articles. The news stories we select have been written and carefully fact-checked by an external editorial team from news agencies such as Bloomberg or Keystone.

Did you find this explanation helpful? Please fill out the short survey below to help us understand your needs.

External Content

Don't miss your chance to make a difference! Take our survey and share your thoughts.

Popular Stories More Foreign Affairs Swiss defence industry moving abroad to escape neutrality Read more: Swiss defence industry moving abroad to escape neutralit

MENAFN09052025000210011054ID1109529688