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Morgan Stanley, UBS said to be in talks to boost China JV stakes

Tuesday, January 10, 2017 - 05:50

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UBS has been in talks with multiple shareholders since last year about buying their stakes through the exercise of call options held by the Zurich-based bank, sources say.

Hong Kong

MORGAN Stanley and UBS Group AG are in talks with local partners to boost holdings in their China securities businesses, a sign of growing confidence in those operations, according to people familiar with the matter.

The banks are engaged in separate discussions on

sentifi.com

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