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Coatue Starts Tech Fund With Bezos, Michael Dell as Early Backers - Report
UBS Group collaborates with the Atlantic China Welding Consumables,Inc. to expand private Crediting Business.
Gelonghui, May 6 | UBS Group and the USA investment firm General Atlantic announced on Tuesday that they have established a partnership to expand their private Crediting market Business. Private Crediting refers to loans provided to high-risk borrowers or companies looking to finance large acquisition Trades through debt. These loans have fast approval processes and serve as an important source of funding for borrowers considered too risky by traditional Banks. The two companies did not disclose the amount of funds that will be invested in this collaboration.
Market Chatter: UBS Plans Up to 50 Redundancies in France
UBS Group Collaborates With General Atlantic Credit in Private Credit Investing
Express News | Market news: UBS Group will cut fewer than 50 positions in France during the restructuring.
Express News | UBS Group: It is expected that the US Dollar will weaken again, while Gold remains supported.