Customer service, mobile services, social networks… The private banking sector is strongly affected by economic digitalization. In a hyper-connected society, banks have started to offer a multitude of new tools to their customers. The arrival of new technologies: Nowadays, it is difficult to maintain market shares if digital services are not provided. These services can…
S&P pays $44bn for IHS Markit as financial-data providers race for scale. IN 2003 LANCE UGGLA, a Canadian stockbroker, founded a financial-data startup in a British barn. Endowed with just $17m in seed funding and ten employees, Markit started off by providing pricing for the opaque market in credit-default swaps, hoping to tap investors’…
Three Obstacles to a UBS Credit Suisse Tie-Up Speculation about a merger of UBS and Credit Suisse is returning time and again, despite the convincing arguments that show such a move to be to the detriment of employees, shareholders and clients. The start to his new job as head of UBS must have come…
