How good is UBS for sales and trading?

Based on the most helpful WSO content, UBS has a mixed reputation in sales and trading, with strengths and weaknesses depending on the specific area:

Strengths:

1. Equities in Asia: UBS has historically been strong in equities, particularly in Asia, where it was one of the first foreign brokers to establish a presence. This early footprint has helped build a solid platform in the region.
2. Profitability: UBS has shown resilience in recent years, being the only top bulge bracket bank to increase its profits by 40% in one instance, which reflects its ability to adapt and perform in certain market conditions.

Weaknesses:

1. Challenging Environment: UBS has been cutting traders steadily, which indicates a challenging environment for sales and trading professionals. This could impact morale and long-term career prospects.
2. Historical Setbacks: UBS has faced significant financial and reputational challenges, such as fines and losses from rogue trading and LIBOR rigging, which have affected its overall standing in the industry.

Overall:

While UBS has some strong areas, particularly in equities and profitability in certain regions, it has faced challenges in maintaining a robust sales and trading platform globally. If you're considering UBS for sales and trading, it might be worth evaluating the specific desk or region you're interested in, as performance and opportunities can vary significantly.

Sources: My Story: From Trading Floor at UBS To Entrepreneur on Kickstarter, Growth of UBS??, https://www.wallstreetoasis.com/forum/trading/traders-screwed?customgpt=1, CS VS UBS, A Roller Coaster Ride | The Daily Peel | 4/26/2023