UBS Revises Deal With Perot


UBS will no longer use Perot Systems to manage integrated services—including its trading floors and related market data services, it was announced last week.

However, the bank has signed a revised contract in which Perot will supply human resources to UBS Investment Bank. A UBS official says that under the revised agreement, "Approximately 900 people who had reported to Perot management will report to UBS Information Technology Infrastructure management while remaining Perot employees startin

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