Utility Settlement Coin gains £50m backing and moves forward with backing of banks
State Street, BNY Mellon and MUFG among those backing the tokenisation project aimed at transforming clearing and settlement.
Tag: UBS
Asset managers voice concerns on regulatory approach to ESG
Despite industry consensus that regulators need to introduce ESG rules, asset managers are urging them not to rush or be inflexible.
BNP Paribas hires former UBS prime services expert for multi-asset sales
The French bank has made a number of senior recruitments with a focus on sales for UK and Middle East-based asset and alternative investment managers.
BBH quashes custodian Brexit panic; plans on increasing UK staff
BBH's associate general counsel says Brexit has been relatively easy for custodians, and that the firm could look to add numbers in the UK.
UBS hires former Deutsche Bank securities lending head
One of Deutsche Bank’s top securities lending traders left in May to join UBS.
New GC legends inductee: UBS' Ronald Akkermans
As he prepares for his retirement, UBS veteran Ronnie Akkermans reflects on a working life spent at one bank.
Northern Trust targets expanded fund admin offerings with UBS acquisition
Northern Trust has agreed to acquire UBS’ fund administration servicing units in Switzerland and Luxembourg.
Collaboration deal aims to bring maximum benefits of T2S
Deal indicates growing need for firms to collaborate across the value chain.
UBS boss departs for hedge fund
UBS Hedge Fund Solutions loses European leader to $13 billion London-based hedge fund.
'Game-changing' US election could impact stock market
UBS survey finds majority of US investors see the presidential election as ‘game-changing’.