UBS

320 results about this entity

Period: 20 Sep 2004 - 08 Feb 2024

Hamers quits ING to take on CEO role at UBS

Ralph Hamers, the architect of ING's 'Think Forward' digital strategy is quitting the Dutch lender to take over the CEO role at UBS.

UBS Wealth revamps iPhone app

UBS Wealth Management USA has launched an entirely redesigned UBS Financial Services iPhone app (”the app”) in close collaboration with UBS clients and financial advisors.

UBS and Zurich launch bancassurance products for young entrepreneurs

For the first time, entrepreneurs in Switzerland have a quick and easy one-stop shop for key banking and insurance products.

UBS extends post-trade technology partnership with GBST

UBS in Australia has extended its partnership with global financial technology provider GBST to include the Syn~ post-trade automation platform.

Banks and exchanges join document automation consortium

A consortium formed by legal firms to explore the use of a new automated document exchange standard for capital markets firms has held its second meeting with participation from a swathe of banks and stock exchanges.

/markets

Clearstream to acquire majority stake in UBS fund distribution platform Fondcenter

Deutsche Börse Group’s post-trade services provider Clearstream and UBS on a partnership in the investment fund services business segment.

First transactions executed on Deutsche Bourse's blockchain-based securities lending platform

Commerzbank, Credit Suisse and UBS have successfully executed the first live transactions on Deutsche Börse's HQLAx securities lending platform.

/wholesale

UBS commissions installation to visualise air pollution

UBS has come up with a novel way to show off its big data capabilities, enlisting designer Elaine Yan Ling Ng to create an interactive installation that explores global air quality through a feed of data from monitoring stations around the world.

/wholesale

UBS partners with BizEquity for enterprise access

UBS Financial Services Inc. today announced a partnership with BizEquity, a leading online provider of estimated business valuations. This will allow a select group of UBS financial advisors in the US arm of its Global Wealth Management business, to access BizEquity’s database of businesses and valuation information. Enterprise access through BizEquity will increase the service and support that UBS financial advisors can provide to business owner clients, and informal valuation reports will assist with financial planning needs that will allow clients to be more competitive in their respective industries.

Big banks create Utility Settlement Coin company

Some of the world's biggest financial services firms - including Barclays, Nasdaq and UBS - have pumped £50 million into a new venture building a Utility Settlement Coin (USC), an asset-backed digital cash instrument implemented on distributed ledger technology.

Top banks to spend £50 million on digital coin project - Reuters

Several of the world's largest banks are plotting a £50 million investment in a new digital cash settlement system, according to a report from Reuters.

/regulation

Goldman Sachs follows UBS onto the naughty step over flawed transaction reporting

Last week it was UBS in the dock for transaction reporting failures, this week Goldman Sachs gets its chance to shine, forking out £34.3 million to the UK's Financial Conduct Authority for errors relating to 220.2 million transaction reports over a ten-year period.

/regulation

UBS hit with £27.6 million penalty over massive transaction reporting fail

UBS has been fined £27,599,400 by the Financial Conduct Authority (FCA) for failings relating to 135.8 million transaction reports over a ten-year period.

/security

Banks run war games to test response to advanced WannaCry threat

Fourteen banks and industry trade associations from across Europe have been testing their mettle in a war-gaming WannaCry-style attack on a simulated bank network.

/wholesale

Wall Street firms plan to take on Nyse and Nasdaq with new exchange

Morgan Stanley, E*Trade and Fidelity Investments are among a group of Wall Street firms backing a new equities exchange hoping to take on Nyse, Nasdaq and Cboe Global Markets.

/regulation

UBS fined $15 million for AML ovesight failings

FINRA announced today that it has fined UBS Financial Services Inc. (UBSFS) $4.5 million and UBS Securities LLC (UBSS) $500,000 for failing to establish and implement anti-money laundering (AML) programs reasonably designed to monitor certain high-risk transactions in customer accounts.

Swiss banks raided by anti-trust watchdog over mobile payment allegations

A group of Swiss banks are under investigation by the country's anti-trust authorities over whether they boycotted mobile payment services from Apple and Samsung in order to improve the prospects of their own competitive offering Twint.

Broadridge enlists UBS as anchor client for new wealth management suite

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, and UBS (NYSE:UBS), the world’s largest wealth manager, today announced an innovative strategic partnership where UBS Wealth Management USA will be the anchor client on Broadridge’s new wealth management industry platform.

Bank-backed blockchain consortia we.trade and Batavia join forces

The we.trade blockchain for trade finance initiative established by a coalition of nine banks is joining forces with three former Batavia consortium banks, extending the platform's reach to 13 European countries.

UBS closes SmartWealth robo-advisor, sells tech to SigFig

Little more than a year after launch, UBS is shutting down its SmartWealth digital wealth management platform for non-super rich Brits and selling off the technology to US robo-advisor SigFig.