UBS Tech SF?

I know UBS (and the tech group in particular) get a fair amount of hate on this site, but would appreciate any candid thoughts.

I understand the group doesn't necessarily lead of ton of top sellsides, but can an analyst/associate expect to get decent deal reps here?

While UBS may be a clear laggard in the BBs, how would you compare them to guys like Deutsche, Wells, BNP, or what this poster called the worst banks on the street?

Any and all thoughts greatly appreciated.

6 Comments
 

Tech in SF is pretty much dominated by the banks that you are aware of. GS, MS, JPM, BofA, Citi, EVR, MOE, and Laz. There are certain shops that are surprisingly strong like Blair that would compete with EBs focused on MM tech practice like Evercore and Moelis, or maybe Union Square Advisors. However, excluding these places deal flow is pretty bad, whether that be DB or RBC. Though I have no clue what UBS tech is doing, pretty sure they are awful. 

 

Associate 1 in IB - Cov

Tech in SF is pretty much dominated by the banks that you are aware of. GS, MS, JPM, BofA, Citi, EVR, MOE, and Laz. There are certain shops that are surprisingly strong like Blair that would compete with EBs focused on MM tech practice like Evercore and Moelis, or maybe Union Square Advisors. However, excluding these places deal flow is pretty bad, whether that be DB or RBC. Though I have no clue what UBS tech is doing, pretty sure they are awful. 

how would TD Cowen tech stack up against these?

 
Most Helpful

Would avoid, worst group at UBS. Might be the rare instance where it actually makes sense to take a "worse" bank offer purely because of how much worse this group is compared to the broader platform. They have quite literally no flow of any kind, they don't do any work just pitch and give people marketing material. The only deal credits the tech team at UBS gets is from the sponsors team or LevFin team or some kind of cross team deal (HCIT for example). The team is a value negative to UBS both reputation wise (given how shit it is) and on a firm wide revenue perspective.

 

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