UBS seeks to expand workforce in artificial intelligence

A sign hangs outside a UBS Group AG bank branch in Zurich, Switzerland, on Thursday, July 6, 2017. Switzerland is tightening capital requirements for PostFinance AG, Raiffeisen Schweiz and Zuercher Kantonalbank, three systemically important domestic banks, forcing them to set aside more funds to absorb losses and avoid government bailouts. Photographer: Michele Limina/Bloomberg

UBS Group AG is expanding its workforce in artificial intelligence, one of few areas in banking where demand for talent is growing. 

“We’re currently recruiting more people for artificial intelligence,” Veronica Lange, head of innovation at Switzerland’s biggest bank, said in an interview in Moscow. “These are data scientists, architects, business analysts.”