UBS / CS - Day 1
Any news on UBS plans for IBD? Have they already come to conquer the CS bankers?
Were there any layoffs yet?
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Basically nothing special about today.
It’s coming. Before Miller is gone, he called my then GH and asked him to get more juniors out of door to GH’s new shop as UBS has been pressured him to cut heads. Guess whose head is chopped now
Troll post? You speak halting English.
If most seniors are leaving CS, who are the incoming FT going to work with? UBS MDs?
dk for other divisions but for tech group, most of last year's summer class reneged on their offers and have moved on (to other banks, LMM buyside shops, consulting, grad school and such) so very few incoming FT class
Has anyone heard where training will be for incoming FT at CS? Curious to know if it’s still NY from previous years
No, they're not flying us in. It will be just like summer. Remote + regional offices doing their own stuff.
Will deal flow at CS pick up now that the merger is closed?
That’s what everyone’s saying. Already starting to pickup again for E&T, although it was never dead.
do you work at CS?
I don’t get it. You guys are never on the floor and the GH just left to Evercore. Where did the dealflow come from?
Wtf
My friend at UBS said it’s nonsense so far he knows
I imagined so—if it were actually the case and knowing this community, someone would have sprinted here to create a thread
Litquidity just deleted the post-obviously a troll
Not to mention it’s like midnight London time… why would they hold a zoom meeting then lol
This is nonsense.
Bump
Bump
Bump
how has deal flow picked up at CS now that a month has passed since merger has been confirmed?
Incoming full time so interested to see if CS-UBS IB has picked up
I'm an intern at one of the historically largest groups at CS and ft analysts tell us that the group has done zero deals this year. I rarely even see the ft guys at the office. It's like wfh 5 days a week. Honestly, I think the junior bankers at CS rn are having one of the best WLB the industry's ever seen lol. Some are even waiting to be given the pink slip after a long break from real work.
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