If UBS is cooked, who’s gonna take the next BB seat?

As we all know, UBS is done in US for IB, who will be the next bank to take over the 8th seat that fits the criteria of traditional budge bracket bank. Note that UBS still has its legacy name, so who actually have the overall prestige, exits, anything that could replace UBS?

Some candidates:
1. Wells Fargo
2. RBC
3. TD

9 Comments
 

They’re MM, OP is talking about”traditional BB”. And they’re going to crash too as their own RX is so shit they can’t help refinance themselves with those shit loans. 

 

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