UBS ups tech spend 11% in Q1
UBS Group AG invested in onboarding technology through enhanced know-your-customer and anti-money laundering processes in the first quarter, which will ...
Tag: UBS Group AG
Credit Suisse discloses $73M in software investments in Q1
Credit Suisse reported higher operating expenses during the first quarter as the financial institution invested in software, shrunk its team ...
3 tech issues UBS faces with Credit Suisse purchase
UBS’ acquisition of the failing Credit Suisse reframes the European banking market, but also presents significant technological challenges for UBS. ...
Santander Targets $1.4 Billion Cost Savings Amid $20 Billion Digitalization Plan
Banco Santander SA pledged to cut €1.2 billion ($1.4 billion) of annual costs and ramp up investment in digital and ...
JPMorgan, Nomura Job Cuts Add to Wave of Pullbacks in Finance
Automation and new technology are replacing thousands of workers at banks and asset managers around the world, just as consolidation ...
UBS Virtual Currency Initiative Adds New Banks
A virtual currency initiative led by UBS Group AG has gained six new members, including banks Credit Suisse and Barclays, ...
