UBS Purchase of Wealthfront Puts Advisors, Tech on Collision Course

UBS is obtaining software package-only automatic guidance platform Wealthfront for $1.4 billion, according to an announcement. The deal marks the finish of independence for Wealthfront, which was started in 2008…

UBS wealth management profits surge on back of thriving markets

UBS capitalised on the booming marketplace disorders for its affluent buyers in the 3rd quarter, with earnings at its wealth management business soaring 43 per cent. The Swiss lender also…

Buy U.K. banks because interest rates are going up, says UBS

It’s time to get guiding the prospect of larger U.K. desire premiums by acquiring banks. So say analysts at UBS in a notice to clients on Tuesday, a day just…

UBS Creates Artificial Intelligence Team in Effort to Digitize

(Bloomberg) — UBS Team AG Chief Govt Officer Ralph Hamers is creating a new financial institution-vast crew to use extra synthetic intelligence and facts analytics to push the bank’s digitization. …