UBS Acquires 4.8% Stake in Leading India Wealth Manager 360 One

UBS Group AG has acquired a 4.8% equity stake in 360 One WAM Ltd. by converting warrants, more than a year after the Swiss bank sold its wealth business to...

By Advait Palepu · Bloomberg Markets

UBS Group AG has acquired a 4.8% equity stake in 360 One WAM Ltd. by converting warrants, more than a year after the Swiss bank sold its wealth business to the Indian money manager.