
Shares of the leading Swiss Bank UBS AG rose with 4.3 percent today because of the rumors of possible takeover and the information that the bank would buy a Dutch company for capital investment management.
Shares of UBS reached 23 Swiss francs (14.25 euros) after going down to 21.40 Swiss francs (13.26 euros) yesterday. It was their lowest level since 1998, according to data of the online banking company Swissquote.
Till noon the price of the shares of UBS at the stock exchange in Zurich was 22.72 Swiss francs (14.06 euros) or 3 percent higher against the closure of the previous trading day.
Brokers in Zurich indicated that the rumors of an offer for UBS's takeover made by the biggest in market capitalisation bank in Europe, the British DSBC Holdings PLC, has spurred the buyers.
The Swiss Bank also announced its intention to buy the Dutch investment capital management company VermogensGroep for unannounced sum. The group manages billions of euros of rich clients.


