UBS

327 results about this entity

Period: 20 Sep 2004 - 22 Oct 2024

Banks warned over World Cup fraud risks as JP Morgan quants predict England win

This summer's World Cup could leave banks struggling to protect themselves and customers against card fraud, as a surge in unusual transactions throws off risk scoring mechanisms, claims vendor Actimize.

Morgan Stanley Matrix founder heads to UBS

Hishaam Caramanli (formerly Mufti-Bey) has joined UBS as head of Global Securities - Client Facing Technology

UBS plans European dark pool

Swiss bank UBS is planning to launch a dark pool multilateral trading facility (MTF) for crossing orders in European stocks.

UBS rolls out IBM ZTIC security hardware to online customers

UBS has become the first bank to roll out IBM's Zone Trusted Information Channel (ZTIC) online banking security hardware to its customers.

UBS algo trading code theft case dropped

UBS has lost its bid to get a permanent injunction against three former quant traders accused of stealing proprietary algorithmic trading software with the intent of using it at their new employer, Jefferies.

Monitise prepares for growth with new investment and partnerships

Mobile money outfit Monitise has raised £15.8 million in funding and struck two new partnerships it hopes will help build its presence in the retail sector and Asia Pacific. The company also says it is on track to meet full year revenue expectations after record consumer uptake.

CME to launch CDS clearing house with support of eight major dealers

After months of wrangling, The Chicago Mercantile Exchange has finally secured agreement with eight leading dealers to participate in its credit default swaps counterparty clearing initiative.

WorldPay founder moves to buy business back from RBS

The founder of online payments operator WorldPay, Nick Ogden, has formally approached the Royal Bank of Scotland about buying the business back.

FSA fines UBS £8 million for unauthorised trading losses

The Financial Services Authority has slapped an £8 million fine - its third-largest ever - on UBS for failing to prevent employees from posting unauthorised trading losses to customer accounts.

Nyse Euronext profits slide; sells off stake in US futures business

Nyse Euronext has reported a 28% drop in third quarter profit amid steep declines in revenue from cash equity trading in Europe and the US. The exchange operator has also sold off a significant equity stake in its futures business Nyse Liffe US to a group of five leading banks and liquidity providers.

Nyse makes move to improve dark pool transparency

With dark pools under the regulatory microscope, Nyse Euronext has struck a deal with five firms behind ATSs and off-exchange market centres to print trades made on the venues on the reporting facility it operates with Finra and display daily activity on Nyse.com.

UBS agrees sale of Indian BPO unit to Cognizant

UBS has agreed to sell its Indian business processing outsourcing unit to Cognizant in a deal that also sees the Swiss bank and vendor sign a multi-year services contract. Financial terms were not disclosed.