With such small flight risk in a place like Zurich, where are all the traders and people working in fixed income going when they are laid off? Julius Bär only hiring so many of the CS that didn’t make the cut to UBS and ZKB bonus pool is apparently under pressure by the state, where does that leave people? Have heard citadel has managed to pick up some top guys for LDN, but nothing in Zurich as of yet..
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