UBS Group News

Generali, Allianz Are Among Suitors for NN Group’s Asset Manager Arm: Sources

DWS Group and Assicurazioni Generali SpA are among suitors that submitted initial bids this week for the asset management arm of NN Group NV, people familiar with the matter said. The unit, known as NN Investment Partners, has separately attracted …

UBS Settles Lawsuit with Former Trainee Who Alleged Rape by Senior Employee

UBS Group AG settled a lawsuit brought by a former trainee in London who said she was raped by a senior employee, according to her attorney. The Swiss lender agreed to settle the claim after the trainee, who was identified …

UBS Hedge Fund to Manage Money for Bermuda Reinsurer Launched by Enstar

UBS O’Connor LLC, the $6 billion hedge-fund unit within Switzerland’s biggest bank, will manage money for a new Bermuda-based reinsurance company formed by insurer Enstar Group Ltd. Aligned Re Ltd. is expected to be funded by third-party capital along with …