UBS imminent Liquidity Crisis?
UBS Real Estate GmbH suspended all redemptions from its $469 million Euroinvest fund for up to 36 months after a wave of withdrawal requests drained available liquidity.
UBS (D) Euroinvest Immobilien is an open-ended fund that invests in commercial real estate across major European cities. It dates back to 1999 and previously froze redemptions during the 2008 financial crisis and again around 2014.
Source: https://finance.yahoo.com/markets/stocks/articles/ubs-pulls-celsius-469…
Why do you think they are getting an American banking license? It’s to tap into US liquidity and maybe avoid something more
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