US EditionUBS terminates Aladdin contract with BlackRock
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BizTocUBS terminates Aladdin contract with BlackRock
UBS Group has terminated its contract with BlackRock’s Aladdin technology platform, a multimillion-dollar agreement inherited from Credit Suisse, reported Bloomberg. This move is part of UBS’s ongoing integration of the asset management operations of its former competitor. The decision to end the contract was made earlier this year. UBS is currently in the process of transferring key components, including numerous Credit Suisse funds, to its own…
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