Weekly Recap: Tender cap doubled to €4bn and Shenzhen fund sales end
UBS Group AG TEMP (SIX:UBSG) expanded its balance-sheet flexibility by doubling a debt-tender cap to €4bn while consolidating China distribution, hiring $2.6bn of wealth teams in CO, MD and WA, and joining live tests of the CHFD Swiss franc stablecoin to boost digital-money capabilities.Previous We…