(Bloomberg) — Most Read from Bloomberg UBS Group AG has abandoned its plan to acquire US robo-adviser Wealthfront, unwinding what would have been the Swiss bank’s first major acquisition under C...
Tag: Wealthfront
UBS, Wealthfront call off $1.4 billion deal
UBS nixed a $1.4 billion deal to buy robo-advisory firm Wealthfront, the companies said. UBS said the two companies mutually agreed to terminate their merger agreement, which they announced in January...
UBS Recall $1.4 Billion Deal to Buy Robo Advisor Wealthfront
The finance UBS group recalls its $1.4 billion deal to buy Wealthfront. The firm mutually terminated its deal on September 2, 2022. The multinational investment bank and finance firm UBS AG Group and ...
These Four Billionaires Are Investing In A Startup Aimed At Making Them (And Others) Richer
Compound, a wealth management startup built for wealthy tech investors, emerges from stealth with $37 million in funding. At least four billionaires have invested in the startup. Sam Bankman-Fried is ...
Swiss Bank UBS to Acquire Wealthfront
The Swiss multinational investment bank and financial services provider, UBS recently announced that it is planning to acquire Wealthfront, a prominent automated wealth management firm focused on the ...
UBS to acquire robo-advisor Wealthfront for $1.4 billion
advertisement UBS will buy the robo-advisory firm Wealthfront for $1.4 billion, the two companies announced Wednesday. The announcement characterized the deal as an “all-cash transaction valued ...