UBS is setting aside hundreds of millions of dollars for a new venture fund, which will hold stakes in FinTech businesses for up to five years. Bloomberg
UBS is setting aside hundreds of millions of dollars for a new venture fund, which will hold stakes in FinTech businesses for up to five years. Bloomberg

Banking

Swiss bank UBS to start venture capital arm

Lender will look to make investments of $10m-$20m apiece in FinTech companies

Bloomberg

May 25, 2020