Rumor has it that UBS has the best Industrials group on the street or is the UBS Analyst that told me that just fibbing? Anyone here know about deal flow in the Chicago office? What's the deal with bonuses are they being held hostage still?
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Most banks define what falls under industrials a little differently so this is kind of an irrelevant question (not apples to apples). Any BB is going to have ample deal flow under its Industrials umbrella.
I'm inclined to be skeptical of this claim in general because overall UBS is competing with DB for worst BB.
Isn't that kind of like being upset that you have the worst house in the Hamptons?