I know people on this forum treat UBS like it is a clear tier below the other bulge brackets, and most act as if they would choose boutiques over it. I think that sentiment was certainly justified as they were quite unstable with many layoffs and their healthcare group jumping ship.
Now that the economy is recovering, I'm wondering what people think or working in IBD at UBS.
From what I hear, the culture was great (and hopefully morale has turned for the better by now). I believe it was a bank, like Lehman, that people generally enjoyed working at because they didn't absolutely crush you, and analysts often choose to stay for a 3rd year.
One of the things people undervalue in the forum is the social aspect of banking, and I want to work at a place where people are good friends and where MDs aren't constantly yelling at your back. So to me UBS is in the picture.
Does anyone have insight into the culture over there?