UBS to Transfer Former Credit Suisse Fund Admin Units to Northern Trust

Key Facts

1UBS Group is set to transfer former Credit Suisse fund administration businesses to Northern Trust to simplify its operations.

UBS Group is set to transfer former Credit Suisse fund administration businesses to Northern Trust to simplify its operations. Zacks reported that the move is part of UBS's ongoing efforts to integrate Credit Suisse operations and streamline its global fund administration structure.

Northern Trust (NTRS) closed at $169.46 on October 6, 2026, with the stock trading between a low of $168.96 and a high of $171.06 during that session. The strategic partnership is expected to expand assets under administration for NTRS while deepening its relationship with the Swiss banking giant.