On 11 October 2024, UBS Group AG closed the sale of its indirect 62% holding in Credit Suisse Investment Partners (Schweiz) AG ("CSIP") to the asset manager Bantleon AG. The respective agreement was signed in May 2024. CSIP now operates independently from UBS under a new name.

Bär & Karrer acted as Swiss legal advisor to UBS in this transaction. The team was led by Vera Naegeli and included Marie-Cristine Kaptan, Florian Schweighofer and Gabriela Schiltknecht (all M&A and Corporate & Commercial), Daniel Flühmann and Christina Werren (both Regulatory), Ruth Bloch-Riemer (Pensions and Social Security), Susanne Schreiber, Cyrill Diefenbacher and Martin Leu (all Tax) and Laura Widmer (Employment).

Freshfields acted as international legal advisor to UBS.