Shareholder, Regulator Pushback Ended UBS-Wealthfront Deal, SonntagsZeitung Reports

Shareholder, Regulator Pushback Ended UBS-Wealthfront Deal, SonntagsZeitung Reports

ZURICH (Reuters) – Resistance from shareholders and United States regulators torpedoed Swiss bank UBS’s $1.4 billion bid for U.S. digital wealth management group Wealthfront, Swiss paper SonntagsZeitung reported, citing bank sources it did not identify. UBS and Wealthfront said last month they had agreed to terminate the deal that was expected to fast-track UBS’s growth…

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Russia Blocks SoundCloud Citing Spread Of "false Information" -Ifx

Russia Blocks SoundCloud Citing Spread Of “false Information” -Ifx

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) – Russia has restricted access to music-streaming app SoundCloud citing “false information” about what Moscow calls a “special military operation” in Ukraine, Interfax news agency reported on Sunday, quoting communications watchdog Roskomnadzor (RKN). Russia has battled…

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