• UBS asked its millennial workers to disrupt its investment bank - here's some of the tech ideas they came up with

    9 days ago - By Business Insider

    UBS held an innovation competition last week for junior bankers in its investment-banking division.
    Five groups of finalists gave their pitches to a panel of judges made up of senior bankers.
    The winning team, known as Dal.ia, proposed using artificial intelligence techniques to automate some of the job's more mundane tasks, such as building financials models and creating term sheets.
    In a 14th floor dining room at UBS's New York headquarters last Friday, five teams of 20-something bankers readied their pitch.
    They weren't presenting an idea for a takeover, or even trying to win the right...
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