UBS Seeks Valuation Boost by Courting US Investment Houses
This article is for subscribers only.
UBS Group AG has been holding discussions with major U.S. investment houses over the past few months in a bid to convince them to increase their holdings in the bank, according to a person familiar with the matter.
The Zurich-based lender is seeking to increase its market valuation and boost its position as a global bank, the person said.