Wealth and Asset Management
UBS spending $1 billion on IT overhaul
UBS, the world's biggest private bank, is spending around 1 billion Swiss francs (0.82 billion pounds) to standardize the IT platform across its flagship wealth management business, an investment it hopes will ultimately help lower costs. "This is about integrating our historically fragmented infrastructure that we have globally into one…
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Click here to read the full story: Reuters