Domain: ubs.com
Stories and comments across the archive that link to ubs.com.
Stories · 3
-
'The Second Gilded Age Is Upon Us' (theguardian.com)
Robotron23 writes: Wealth inequality is at its highest since the turn of the 20th century -- the so-called 'Gilded Age' -- as the proportion of capital held by the world's 1,542 dollar billionaires swells further. The report, commissioned by the Swiss banking giant UBS and UK accounting company PwC, discusses the impacts of technology and globalization on the situation, and arrives weeks after the IMF recommended that the world's richest pay higher taxes to ease the disparity of wealth. -
World Cup Prediction Failures
pdcull writes "We all read on Slashdot about the investment banks using their massive computer power and clever modeling techniques to predict the FIFA World Cup outcome. Now that Goldman Sachs's, UBS's and Danske Bank's favorite, Brazil, has been eliminated, and with JP Morgan's England long gone, the question that begs to be asked is: can we really trust these guys to predict the financial markets any better than they did World Cup?" -
World Cup Forecasting Challenge For Quants
databuff writes "As a break from projecting the strength of subprime mortgages, credit default swaps, and other obscure financial instruments, quantitative analysts at Goldman Sachs, JP Morgan, UBS, and Danske Bank have modeled the 2010 FIFA World Cup. Now Kaggle has set up a forecasting competition, allowing statisticians to go head-to-head with these corporate giants. The challenge is to predict how far each country will progress in the tournament."