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24 Results from /wealth, "UBS"

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UBS underpins AI development with data transformation initiative

UBS undertook a massive data transformation effort to support the creation of two domain-specific AI assistants, collectively known as UBS Red.

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Big banks back Asian wealth management platform Endowus

Citi, UBS and MUFG has joined a US$35 million funding round for Asian digital wealth management platform Endowus.

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Droit gets UBS backing for expansion into wealth management

US RegTech Droit has secures $23 million in Series B funding with support from Pivot Partners and UBS as co-leads, and existing investor Goldman Sachs.

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UBS joins $50 million round in client-centric investment platform Ethic

UBS has joined a $50 million round in tech-driven asset management platforrm Ethic.

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UBS abandons $1.4bn Wealthfront acquisition

UBS has pulled the plug on its $1.4 billion acquisition of robo-advisor Wealthfront but says it is still committed to its growth plans in the US and strengthening its digital offering.

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Banks to pay $1bn over traders' use of WhatsApp

A handful of Wall Street banks are preparing to pay up to $200m each to settle a case with the Securities and Exchanges Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over the use of WhatsApp messages.

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UBS introduces Virtual Worker Framework

UBS has launched a 'Virtual Worker Framework', that will provide US employees in eligible roles with the opportunity to work 100% remotely.

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UBS to acquire robo advisor Wealthfront for $1.4 billion

UBS is to buy robo addvisor Wealthfront for $1.4 billion, marking the Swiss bank's first fintech acquisition under the tenure of CEO Ralph Hamers.

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UBS Next adds Trust & Will to fintech portfolio

UBS Next, the Swiss bank's $200 million fintech venture fund, has invested in US-based digital estate planning platform Trust & Will.

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UBS invests in 'Knowledge-as-a-Service' platform Lynk

UBS has invested in Lynk, an AI-driven 'Knowledge-as-a-Service' platform that the bank works with to help its institutional clients in their investment research.

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UBS to invest $200 million in fintech startups

UBS is to invest $200 million in fintech startups through a new venture fund that will underpin internal modernisation efforts and strengthen strategic partnerships.

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ESG standards: No silver platter of harmonised data

A desire for standardisation of ESG data may be folly, according to Bruno Bertocci, head of sustainable equities at UBS Wealth Management.