Industrial and Commercial Bank of China (HKG:1398, SHA:601398) changed the name of its fund management joint venture with Swiss investment bank UBS, ICBC disclosed on its website Friday.
The new name has been changed ICBC UBS Asset Management from ICBC Credit Suisse Asset Management, the filing said.
The name change reflects the purchase of Credit Suisse by UBS in 2023, taking its more than 20% stake in the JV, Yicai Global reported separately Friday.
ICBC is still the largest shareholder in the JV with 80%, the report said.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。