UBS IB Tech so bad it Cites “fee opportunity” vs experience or closed deals
David and Rob collectively bring over 30 years of banking experience and have advised clients on numerous high-profile M&A and capital markets transactions," Braham wrote. "The software sector represents a significant global fee opportunity for the firm."
This from the Reuters article. Can you all believe that they are so bad that they are citing other people make fees in software. They have a whole bunch of software bankers already, why do they need more?
Did they grow or also get rid of 2 MDs? Hard to believe you’ll net 2 additional MDs in this market
UBS America has been hiring a lot the past 2 years, don't think they got rid of any MDs yet, but I assume they will the moment guaranteed bonuses are out, given a lot of Barclays MDs have bought in $0 in fees. Will say the Tech team at UBS is hopeless; they have made 10+ hires since the merger, and the group still has no M&A flow. They have had some success in HC and CR with hiring, but those were significantly fewer hirings, and growth mostly came from CS people. By and large, recent hires have failed.
I bet these two might of been outcast from BofA and forced to leave. They can’t be good cause they can’t be smart. They can’t be smart because they joined UBS Tech
Will be ramped and ready to deliver deal flow by 2028!
By that time UBS GB Americas will be owned by Raymond James or the like.
Lmao and Ryan will be group ahead.
The only thing worse than little to no deal flow like before, is little to no deal flow and a terrible culture.
Congrats to the current team!
Did someone say fee opportunity?
I think they meant “Flee opportunity” cause that’s what the all the team members are doing, fleeing
Whos quitting this week? I am!! So excited
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