BREAKING NEWS: State Street Replaces UBS & BlackRock's $3.2B Acquisition of Preqin
Автор: A.M The House Edge Trader
Загружено: 2024-07-08
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🚨 Breaking News Alert! 🚨
In today's segment, we bring you two major financial headlines shaking the global markets:
1. State Street Replaces UBS as Custodian Bank for Swiss Government Fund
U.S. bank State Street has secured a mandate to act as the custodian bank for the Swiss federal government's multibillion-dollar compensation fund, previously managed by UBS for 26 years. Learn about the implications of this strategic shift and what it means for the future of the AHV/IV/EO fund.
2. BlackRock to Buy UK Data Group Preqin for $3.2 Billion
In a move to expand its reach into alternative investments, BlackRock has agreed to acquire UK data firm Preqin for $3.2 billion in cash. Discover how this acquisition will enhance BlackRock's Aladdin tech business and the expected benefits for investors and fund managers.
Stay tuned as we delve into the details of these groundbreaking stories and their potential impact on the financial landscape. Don’t miss out – like, comment, and subscribe for the latest updates and insights!
#BreakingNews #StateStreet #UBS #BlackRock #Preqin #FinancialNews #Investing #AssetManagement #MarketUpdates
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