They turned their first profit in years because FICC trading and SPACs. In an environment where there isn't a ton of volatility (COVID), equities become more favorable and the SPAC trend fades....this bank is screwed.
I only feel the need to post this because my Linkedin is filled with DB employees posting their earnings results.
| +445 | Don’t work at UBS - UBS Sucks | 42 | 9h |
| +330 | Article - UBS’ Investment Bank Keeps Losing Ground | 43 | 9h |
| +214 | Should My Intern Get a Return Offer? | 59 | 7h |
| +56 | F*ck it I'm Going to Med School | 19 | 2d |
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| +27 | Nauseous every morning for past 3 years in IB, anyone else? | 20 | 42m |
| +27 | NYC Associate Budget | 9 | 1d |
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