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M&A at UBS might be the worst groups in all of banking. You get no deal experience, no WLB, toxic people who are mostly stuck because of their visas, and high chances of eventual layoffs once people high up realize your group costs more than it contributes. There are multiple analysts every year who quit with nothing lined up in UBS M&A because of how bad it is. The bathroom near the M&A bullpen has juniors crying in it basically every day. It is actual hell on earth. The rest of the bank says "at least I am not in M&A" whenever they are having a rough day. 

 

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