UBS ACCQUIRE NORDEA PRIVATE BANKING BUSINESS – UBS’s subsidiary arm, UBS Europe SE, have reached an agreement with Nordea Bank to acquire part of their Luxembourg based private banking business. This will help UBS grow their presence in the Nordic region, as they look to expand both globally and locally. UBS Europe SE was founded in December, with the aim to develop a Pan-European Bank and Wealth Manager focusing on cross-border for their EEA clients. #SpartanInternational