CTP and HP and TDP have all ruled out forming a 'government' with Ozgurgun's UBP
, while the head of DP Serdar Denktash is thought to be wary of possible cooperation between the UBP
and the Rebirth Party (YDP) which is mainly composed of Turkish settlers.
As a family-owned and therefore independent Swiss financial institution, UBP
is particularly well-placed to look after the diverse needs of its global client base.
The continuing high levels of client retention are a clear indicator that UBP
knows how to manage change and yet deliver consistently high standards of service.
Chang Yi Wang, chairperson of UBP
, said, "The completion of this state-of-the-art facility equipped with two of GE's 2,000 liter single-use bioreactors and integrated manufacturing process is a much-anticipated achievement for UBP
to enter into commercial-scale current Good Manufacturing Practice (cGMP)--production with international standards.
Chang Yi Wang, Chairperson of UBP
, said: The completion of this state-of-the-art facility equipped with two of GEs 2,000 liter single-use bioreactors and integrated manufacturing process is a much-anticipated achievement for UBP
to enter into commercial-scale current Good Manufacturing Practice (cGMP) -production with international standards.
Following the transaction, UBP
's assets under management in Asia will total nearly CHF14bn, and UBP
will employ more than 330 people in Hong Kong, Singapore, Shanghai, Taipei and Tokyo.
To complete this final stage, UBP
obtained two licences for its Hong Kong branch: one from the Hong Kong Monetary Authority on 5 February 2016 and one from the Securities and Futures Commission on 8 April 2016.
Under the deal, UBP
will not take on liability for Coutts International's ongoing litigation issues.
Suralaya operates 10 power generating plants using steam energy with a total installed capacity of 4,085 MW.
The competition to see who would become the new UBP
leader was a period when every imaginable sort of embarrassing offer was being thrown about.
Following this acquisition, UBP
will continue to be one of the best-capitalised private banks with a Tier 1 ratio above 30%.
This investment will be the platform for UBP
to expand its footprint in Rockland County, one of the few high demographic counties surrounding New York City in which the Company had not previously been invested.