| 07.06.2012 UBP to buy Swiss asset management branch of Banco Santander - Le Temps |
| Benedicte Gravrand, Opalesque Geneva:
UBP is to buy the Swiss asset management branch of Banco Santander, according to Swiss and Spanish media reports. Union Bancaire Privée (UBP), the Geneva-headquartered Swiss bank, confirmed the event to Swiss daily paper Le Temps yesterday. The bank stated that it was not buying back Banco Santander’s Swiss entity as it is now. Rather UBP is studying var |