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108 Results from /retail, "UBS"

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Misys downgraded as banks review IT budgets

Shares in Misys dropped in morning trading after UBS analysts downgraded the UK banking systems vendor from 'neutral' to 'sell' following concerns that financial firms are reviewing IT budgets.

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UBS invests $65m in Indian back office centre

Swiss investment bank UBS is spending $65 million over two years to expand its back office operations in Hyderabad, India.

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Channel management big challenge for banks - Booz Allen Hamilton

The majority of customers still prefer to do their banking and buy financial products at branches because of poor performance of Internet and telephone channels, according to a global retail banking study conducted by management consulting firm Booz Allen Hamilton.

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Revitalised Mobey Forum adds banks and mobile operators

The Mobey Forum, a bank-backed mobile payment consortium, has signed up Dutch banks ING and Rabobank and mobile operators Telenor, TeliaSonera and SK Telecom as new members.

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FSA warms to climate change risk

The Financial Services Authority has issued a stark warning to the financial services sector about the risks and challenges posed by global warming and climate change.

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UBS 'logic bomber' gaoled for eight years

A former IT worker for UBS has been sentenced to eight years in prison for attempting to profit by planting a 'logic bomb' computer virus on the bank's network that caused more than $3 million in damage.

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ValueAct Capital acquires Misys stake

Shares in Misys have firmed up on news that private equity group ValueAct Capital, the former employer of its incoming CEO Mike Lawrie, has acquired a 4.4% stake in the UK business.

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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.

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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.

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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.

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Dell inks UBS PC supply and support deal

Swiss investment banking group UBS has signed a four year contract, reportedly worth around $50 million, with Dell for the supply and ongoing maintenance of over 30,000 customised desktop and notebooks.

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UBS loses customer records

Investment bank UBS is investigating the disappearance of a hard disk from its Tokyo office which contains confidential customer data.