Cevian Capital AB, an activist investor, recently acquired a substantial stake in UBS Group AG, showing confidence in the Swiss bank’s strategy to become the world’s largest global wealth manager.
![Cevian Capital's stake in UBS reflects confidence in bank's growth strategy. PHOTO: Fabrice Coffrini | AFP | Getty Images](https://krugmaninsights.com/wp-content/uploads/2023/12/105560590-1541642690644gettyimages-1053792808-1024x683.webp)
Lars Forberg, Managing Partner of Cevian, stated full support for UBS’s plans to integrate with Credit Suisse and be an engaged owner.
Forberg emphasized Cevian’s active involvement in shaping UBS’s actions. This relationship began