UBS to sell digital SmartWealth platform to fintech startup

ZURICH (Reuters) - UBS is closing its British digital wealth management platform and selling the intellectual property rights to wealth management startup SigFig, executives at the Swiss bank told staff on Wednesday.UBS decided to discontinue the SmartWealth pilot programme, launched in Britain in early 2017, following a review that found limited short-term potential for the service, according to an internal memo seen by Reuters.The contents of the memo were confirmed by UBS. "While we were..