Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:UBS-SSgA Deal Close But No Cigar Not Rated 4.0 Email Routing List Email & Route  Print Print
Thursday, August 09, 2012

UBS-SSgA Deal Close But No Cigar

News summary by MFWire's editors

Talks of a merger between UBS [profile] and State Street's [profile] asset management units died in June, according to a report from Reuters.

The story, written by reporter Jessica Toonkel, notes that the potential merger would have given a new stream of capital for UBS, which had $599 billion in AUM as of the end of June.

Spokesmen from both shops declined to comment about the situation to Toonkel.

It is unknown why the deal talk died, though one source did say pricing and succession were sticking points. 

Edited by: Ben Geier


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

4.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
40 Wall Street | 28th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use