Article - UBS’ Investment Bank Keeps Losing Ground

UBS continued to lose ground in global investment banking during the latest reporting period, according to LSEG league table data, as rivals captured a larger share of advisory and capital markets activity.

The Swiss bank fell to 15th globally in announced M&A advisory fees while also ceding market share across its broader investment banking franchise. The data show continued declines in both M&A and equity capital markets wallet share, alongside weaker fee generation in EMEA and APAC.

The results come despite a significant recovery in global dealmaking. Industrywide M&A volumes and investment banking fees have rebounded, with many global banks benefiting from stronger advisory and capital markets activity. UBS, however, has continued to underperform many of its major competitors, resulting in further erosion of its position in several key league tables.

The latest figures extend a broader trend of declining global investment banking market share, particularly in advisory and equity capital markets, as competitors continue to gain ground across multiple regions.

14 Comments
 

This is probably the most concerning part of the CS integration. Cost cuts and synergies are one thing, but league table share is much harder to rebuild once clients move elsewhere. It’s clear many long term clients went elsewhere…


 

 

Marco declares that integration will now be a 10 year affair, and deal flow is only expected to get better after integration is complete

 

Clients don’t care about synergy decks. They care about who wins mandates… and UBS isn’t


 

 

UBS mandates that LSEG start publishing league tables upside down or they will cut their subscription


 

 

they’ve been saying “next year” for 4 years and it keeps getting worse every year 

 

UBS Management Playbook:

-Wait until after Labor Day then we’ll see the market heat up

-Wait until the start of Q4 then we’ll see the market heat up

- Wait until the New Year then we’ll see the market heat up

-Wait until Spring and the start of Q2 when companies understand their annual budget, then we’ll see the market heat up

-Wait until after Memorial Day, then we’ll see the market heat up

-Wait until after Labor Day then we’ll see the market heat up 


The market heated up and UBS didn’t.

 

“Stable” is certainly one way to describe a horse that’s already been put out to pasture.

 

Nothing more stable than an empty pipeline. It’s stable as in not changing anytime soon…

 

The Mass exodus has started and is in the third inning as insiders have lost all hope this thing will turn around

 

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