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Market Chatter: UBS Group in Talks to Sell O'Connor Hedge Fund Unit to Cantor Fitzgerald
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Market Chatter: UBS Group in Talks to Sell O'Connor Hedge Fund Unit to Cantor Fitzgerald
May 26, 2025 4:27 AM

01:26 PM EDT, 05/08/2025 (MT Newswires) -- UBS Group ( UBS ) is in talks to sell its hedge fund unit O'Connor to Cantor Fitzgerald, Bloomberg reported Thursday, citing people familiar with the matter.

The deal could include a possible revenue-sharing agreement, according to the report.

UBS did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 31.31, Change: +0.43, Percent Change: +1.38

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