UBS
Banks unite to explore blockchain
Nine global banks commit to researching shared and distributed ledger technology, led by financial innovation firm R3
Banks open labs worldwide to embrace blockchain
Some of the world's largest banks are experimenting with applications for the technology
European banks report mixed results in Q2
Barclays warns on further potential investigations and fines
UBS rehires Goodman in London
Former Swiss banker rejoins the firm after five-year stint at SocGen
US regulator fines take FX settlements to $11 billion
BAML, Barclays, Citi, JP Morgan, RBS and UBS have been fined by the DoJ and the Fed as the total amount settled more than doubles
UBS escapes DoJ prosecution and fine
But it pays a further £342 million to the Fed over FX conduct issues
FX algos revive US rates trading at UBS
Rejigged algo behind doubling of volumes – Swiss bank aims to repeat trick in swaps
Top five FX dealers lose market share, but maintain dominance
Citi, Deutsche, UBS, Barclays and JP Morgan see a collective 51% of customer flows
UBS doubles FX revenues in first quarter
No agreement reached with DoJ as yet, but discussions continue
UK banks boost FX fines war chest
Barclays and RBS boost legal provisions for FX as banks await decision of US Department of Justice
UBS pays $135 million in FX benchmark case
The Swiss bank is the latest to settle civil litigation in the US over the manipulation of FX benchmarks
Top banks' market share dips as clients pick e-trading
The five largest banks still control just over half of the $5.3 trillion global flows, but dominance wanes
UBS appoints head of G10 FX strategy
UBS hires a senior FX strategist, reporting to Stephane Deo
UBS head of European EM spot exits
Zurich-based head of EM FX spot and Stirt leaves the Swiss bank
UBS FX structuring head departs
20-year veteran of financial markets moves to Maven Global
Lawyers gear up for cases in Europe and 'last look'
The co-lead in the US class-action lawsuit expects more cases in Europe and for other areas of trading to come under scrutiny
Citadel hires global head of Ficc
UBS execution head is latest name to join Citadel from the sell side
Regulators slam banks with fines totalling $3.4 billion
Five banks have been ordered to pay total fines of $3.4 billion in relation to the global regulatory investigation surrounding FX benchmarks
Banks set aside more than $6 billion for FX fines
Large currency dealing banks prepare to draw a line under the global regulatory probe into currency markets as they brace themselves for fines
UBS hires FX hedge fund salesperson
Former senior Barclays FX salesman rejoins the market at UBS
Benchmarking fines could cost banks $40 billion, says Citi
Analysts believe the impact is already priced in as Ficc revenues rise
Volatility boosts Ficc revenues at banks as activity surges
US banks cite foreign exchange as source of success as volatility picks up, while trading platforms also report increased activity
UBS promotes Newman in FX options
Tony Hall's move means John Newman becomes FX options head
Internalisation rates intact despite rising volatility
Extreme price swings could force some dealers to rethink their internalisation ratios, but conditions remain benign for now