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Northern Trust will take over additional UBS-serviced investment funds under an extended mandate as UBS transfers former Credit Suisse traditional and alternatives fund administration operations in Luxembourg and Switzerland to Northern Trust. Closing is expected in 2Q 2027, subject to regulatory approvals. UBS plans t
UBS Group AG will transfer the fund administration businesses it inherited from Credit Suisse to Northern Trust and has extended its fund administration agreement with Northern Trust to include UBS-serviced funds.
UBS Group AG will transfer its former Credit Suisse fund administration businesses to Northern Trust. This move involves the integration of these operations under Northern Trust's management.