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The UBS move underscores how banks in Europe and the US are scrambling to prepare for a protracted spell of lower rates. File photograph: Feline Lim/Reuters
UBS plans negative interest rate levy for rich clients

UBS plans to levy a negative interest rate on wealthy clients who deposit more than SFr2 million (€1.8 million) with its Swiss bank, as lenders hunker(...)

New innovators: Tandem

Aisling Teillard and Jim O’Brien have worked in HR, performance management and people development for all of their careers. Now they have joined force(...)