Kweku Adoboli, the UBS trader accused of running up £1.4 billion of losses in unauthorised trading at Swiss bank UBS, has been jailed for seven years after being found guilty of two counts of fraud.
FixSpec Ltd announced today that UBS MTF has become the first alternative trading venue to provide their members with an online, interactive version of the firm's FIX specification via FixSpec.com.
Turned away from their offices yesterday morning with news that they had been laid off, London-based UBS bankers made their way to Twitter and the pub to bemoan their luck.
Today, UBS announced a significant acceleration in the implementation of its strategy to transform the firm and create the UBS of the future.
Broadridge Financial Solutions, Inc. (BR) and Pitney Bowes Inc. (PBI) announced today that Morgan Stanley Wealth Management and UBS Financial Services have each indicated their support for the Volly secure digital delivery system from Pitney Bowes.
Swiss bank UBS is planning to axe around 2000 information technology jobs as part of a massive cost-cutting programme, according to local paper TagesAnzeiger.
Nasdaq OMX ha defended its proposed $62 million compensation offer to firms affected by the botched Facebook IPO, describing the package, in a letter to the SEC, as "fair and equitable".
Bonaire Software Solutions, LLC, a leading provider of revenue management and business intelligence solutions to investment managers, mutual funds, wealth managers and capital markets firms, announced that its Revport platform has been selected by Weehawken, NJ-based UBS Financial Services, Inc.
Citi has written to the Securities and Exchange Commission urging the regulator to dismiss Nasdaq OMX's $62 million compensation offer for its "mishandling" of the Facebook IPO.
Swiss bank UBS has set up a business area, called Quant HQ, offering quantitative trading clients access to its expertise and technology.
© Finextra Research 2014