UBS Group AG's Wealth Management Americas unit said on Thursday it will roll out a new software platform to its U.S.-based financial advisers and staff that will allow the Swiss bank to split some tech costs with other firms.
Private equity firm KKR & Co LP reported its second-highest distributable earnings in its history on Thursday, as its third-quarter earnings were buoyed by the sale of the divestment of its stake in payments processor First Data Corp and the sale of Finish healthcare company Mehilainen.
Wells Fargo & Co said on Wednesday it put two executives on leave in connection with ongoing regulatory reviews into the bank’s retail sales practices.
Britain's financial watchdog is to meet with polling companies to check if private polls for hedge funds need regulating during events like the Brexit referendum campaign.
Top Bank of America Corp executives, including Chief Executive Officer Brian Moynihan, made a surprise appearance at a gathering of the bank's senior dealmakers on Tuesday in an effort to boost morale, two people familiar with the matter told Reuters.
Royal Bank of Canada said on Wednesday Charlie Foster and Andrew Penny from Canaccord Genuity have joined its European real estate team within its investment bank.
