Good to have a focused initiatives as most of these initiatives are so broad that it is hard to get meaningfull impact out of it
Swiss banking giant UBS UBS +0.57% is to open a technology lab in London. Bloomberg News Swiss banking giant UBS is to open a technology lab in London to explore how blockchain technology can be used in financial services. The lab, set to open this month and occupy a dozen desks at Canary Wharf-based fintech accelerator space Level39 – a hub in London for financial technology startups– will bring together technology experts from the bank and the wider fintech community, UBS said.
http://blogs.wsj.com/digits/2015/04/02/ubs-to-open-blockchain-research-lab-in-london/