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 and stood as one of the first automated tips platforms, or so-termed robo advisors. In the more than ten years […]
UBS
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 benefited from a wave of dealmaking, with its expense financial institution escalating its pre-tax earnings 32 for every cent as […]
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 after U.K. two-calendar year bond yields BX:TMUBMUSD02Y spiked to a degree not noticed in a lot more than a 12 […]
(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. The new team identified as AI, Data and Analytics, will be lead by the head of the financial commitment financial […]