Company News



UBS Turns to Artificial Intelligence to Advise Clients

UBS Group AG , facing the threat of competition from Google Inc. and Amazon.com Inc., has turned to a Singapore-based technology company that uses artificial intelligence for help delivering personalized advice to the bank’s wealthy clients.

http://www.bloomberg.com/news/2014-12-07/ubs-turns-to-artificial-intelligence-to-advise-wealthy-clients.html



Light-Speed Treasury Trading Governed by Rules Dating to 1998

The last time regulators took a hard look at how Wall Street trades Treasuries, a little company called Google Inc. was just starting out. . .

http://www.bloomberg.com/news/2014-12-08/light-speed-treasury-trading-governed-by-rules-dating-to-1998.htm



Swiss Panel Recommends Stricter Rules for UBS, Credit Suisse

Switzerland should adopt stricter capital requirements for UBS Group AG  and Credit Suisse Group AG  following the introduction of tighter rules in the U.S. and the U.K., a government-appointed panel recommended, concluding a yearlong review of measures to avoid bailouts. . .

http://www.bloomberg.com/news/2014-12-05/swiss-panel-recommends-stricter-rules-for-ubs-credit-suisse.html



Morgan Stanley to Award More Bonuses Up Front

Morgan Stanley  is giving employees a greater portion of their bonuses up front as the bank seeks to structure pay in line with peers and lower expenses in future years. . .

http://www.bloomberg.com/news/2014-12-05/morgan-stanley-cuts-bonus-deferral-rate-to-50-takes-charge.html



Banks falling behind on liquidity monitoring says Swift

Fewer than a third of banks are at the implementation stage of projects implementing the Basel intraday liquidity monitoring rules that come into force next month – and most believe that industry collaboration will be needed to achieve a successful outcome. . .

http://www.bankingtech.com/268311/banks-falling-behind-on-liquidity-monitoring-says-swift/?utm_source=rss&utm_medium=rss&utm_campaign=banks-falling-behind-on-liquidity-monitoring-says-swift