UBS IB 26Q2 a Disaster! Advisory Revenue Down 23%, Capital MarketsDown 5%
UBS continues to underperform in the IB and failed to grow this quarter. Evidence there is some truth to what some monkeys on the inside are saying:
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They’ve assembled an army of Yes men, and everyone is afraid to say the truth to leadership that they are collectively continuing to make terrible decisions on a day to day basis when it comes to client selection, coverage and senior hiring
Do you think their group CEO needs to step down? I feel like he's not making things much better, atleast not showing it.
Another year of shitty analyst bonuses confirmed
If the year starts with a 2, shitty analyst bonuses confirmed
Stop pretending you work at UBS. There are a lot of problems, but analyst pay is not one of them. Top bucket for An2 was 100+. As long as you were not bottom bucket you were paid at least street bonuses.
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