Norwegian oil fund becomes the largest investor in UBS

Six months after the Swiss bank was forced into buying its crisis-struck rival, Credit Suisse, the Norwegian oil fund has become the largest investor in UBS.
Nicolai Tangen, the CEO of Norges Bank Investment Management. | Photo: PR/NBIM
Nicolai Tangen, the CEO of Norges Bank Investment Management. | Photo: PR/NBIM

With 5% ownership, Norges Bank Investment Management (NBIM), also known as the Norwegian oil fund, has become the largest investor in Swiss bank UBS, the Financial Times reports

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