Hey guys, I have an informational interview with an MD at UBS in NYC next week. I've heard that UBS IBD has taken a beating recently. Anyone care to comment on their rep on the street?
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http://www.wallstreetoasis.com/company/ubs-ag
While they have lost some of their luster they are still a bulge bracket. It depends on what area, healthcare all walked to Jeffries http://dealbook.nytimes.com/2009/06/25/UBS-accuses-Jefferies-of-unlawful-raid-of-employees/ a couple of years ago.
UBS is losing their best people in every part of the bank. At this point every other bank is a much better place to start.
I go to a non target that isn't geographically near NYC/Chicago and I know a bunch of alum at UBS, end of story lol (sadly)
UBS Sucks
UBS is fine. Nothing wrong with starting your career there
I totally agree with this if you become interested in finance later on during junior year or are from a non target. But if the OP is at an ivy or target and has been working hard since freshman year, it's hard to justify the private school 50 k expense by ending up at UBS IBD as opposed to JPM/GS/MS/Merrill/Elite boutiques especially considering since even top leveraged buyout firms like Blackstone recruit for a few positions at HYPS and Wharton. I'm still a student so feel free to correct me if this sounded ignorant at all.
You probably don't care but their ER department is still one of the best on the street.
UBS is still a BB, and if you end working as a analyst in IBD, you will have opportunities and can move to other BB, MM etc.
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