UBS

331 results about this entity

Period: 20 Sep 2004 - 07 Nov 2024

Saxo hires Tobias Straessle to lead IT strategy

Danish online investment bank Saxo has hired UBS IT executive Tobias Straessle to manage its technology strategy.

Wall Street consortium launches alternative system for block trades

Wall Street banks Citigroup, Goldman Sachs, Lehman Brothers, Merrill Lynch, Morgan Stanley and UBS are banding together to launch Block Interest Discovery Service (Bids), an electronic platform for block stock trading.

UBS automates treasury confirms with Thunderhead

Swiss investment bank UBS has implemented Thunderhead's document generation technology to automate the creation of treasury exotics trade confirmations.

Investment banks to establish pan-European trade reporting system

A group of nine leading investment banks have signed a letter of intent to pool their trade transparency data and create a pan-European platform for the collection and sale of trading data that will bypass those operated by exchanges.

Euro banks hit by MiFID concerns

US broker JPMorgan Securities is warning that EUR19 billion of market capitalisation could be lost among eight top European wholesale banks as a result of the EU's Markets in Financial Instruments Directive (MiFID).

Barclays names Neil Wilks senior technology officer

The UK's Barclays Bank has appointed UBS's Neil Wilks as senior technology officer for central support.

Gartner calls on banks to adopt Web 2.0 technologies

Financial services firms should use Web 2.0 applications such as wikis, podcasts and blogs in order to improve cross-enterprise collaboration and deliver personalised information to clients, according to research group Gartner.

City banks to challenge LSE with rival trade reporting system

Ten City banks, thought to include Citigroup, Deutsche Bank, UBS and Merrill Lynch, are working together to set up their own system for the collection and sale of trading data that would by-pass those operated by the London Stock Exchange and other European exchanges.

UBS IT worker found guilty in 'logic bomb' case

A former IT worker for UBS has been found guilty of attempting to profit by unleashing a 'logic bomb' computer virus on the bank's network that caused more than $3 million in damage.

PHLX investors increase stake to 89.4%

The Philadelphia Stock Exchange (PHLX) says that six investment banks that invested in its business last year now hold an 89.4% stake in the company after they exercised warrants allowing them to buy additional shares.

UBS invests SFr50m in Indian back office unit

Swiss investment bank UBS is investing SFr50 million ($40 million) in its new back office facility in Hyderabad, India, which will employ around 1500 staff by the middle of next year.

Disgruntled UBS IT worker accused of unleashing 'logic bomb'

A US court has heard how a former IT worker for UBS allegedly unleashed a 'logic bomb' computer virus on the bank's network because he was unhappy with his bonus payment.