There are a lot of banks who are planning to increase their headcount in Saudi Arabia such as Goldman Sachs, JPMargans, UBS and Citigroup.The reason is simple they all expect lucrative opportunities from the recent economics reform that lead to the country’s massive privatisation and its increasingly liberalised financial markets. Goldman Sachs regional boss, Wassim…
UBS customers won’t have to sign bank documents any longer. Switzerland’s biggest bank is introducing the digital signature UBS henceforth will allow its clients to sign legally binding documents electronically. Contracts in online banking will require the digital signature only, according to a report today by «Computerworld», which cited Andreas Kubli, head of multichannel management…
UBS isn’t about to cave in a French offshore tax investigation: the Swiss bank is rejecting a billion-euro settlement with French authorities. Zurich-based UBS is negotiating a settlement to a long-running offshore investigation in France. The matter has become a question of honor for its private bank more than a purely economical one, as CEO Sergio Ermotti said in…
