+37 That stifel rejection must be stinging Intern in S&T - FI
+35 you're good - other intern sounds like a loser Intern in IB-M&A
+26 JFC, he’s an intern… Associate 1 in IB - Cov
+26 Well first, congrats on Lazard. Let’s bump that puppy down to EB tier 2 along with Moelis and PWP, thanks. Second, go get laid intern. Associate 1 in IB-M&A
+24 No. Enjoy the underclass. Analyst 3+ in IB - Cov
+22 every moderately successful finance person is paying to subsidize like 15 people.  Analyst 2 in IB - Cov
+22 Yes. If he’s shown some improvement and is receptive to feedback it’s worth keeping him for that. Remember he’s 6 weeks into the job  Ignore intern I’m a 3rd year asso  Intern in IB-M&A
+22 UBS fucked over half of their 2022 intern class who had signed return offer contracts and were supposed to start in July 2023. Analyst 2 in IB - Cov
+20 Before I got into IB, I remember seeing 3 young guys in their early 20s also (probably analysts) at Mr Purple in NY staring at their phones sitting by the pool with a bottle wearing vests and deal sleds and not talking to Associate 2 in IB - Cov
+20 I hear you. I'm a white male born and raised in rural US, went to college, moved to New York. I didn't immediately get into banking at first. It absolutely sucked, I had to pivot around. Associate 2 in IB - Cov
+20 stanford prison experiment only dreamed of seeing this level of power derangement from faux social roles. "should my intern get a return" brother you are a first year analyst, you format appendix slides, smile and nod Analyst 1 in IB - Gen
+19 Stifel back office Incoming Analyst in IB - Cov
+19 Why should you have a say over how a private profit-seeking non‑government enterprise decides how to arrange its own affairs? GS under Blankfein
+19 UBS showing up to Midwest bake-offs with all Asian bake-off teams… not a winning strategy Associate 2 in IB - Cov
+17 Another week, another GS IND analyst biting the dust.  Associate 2 in PE - LBOs
+17 Congrats on getting to escape UBS! Analyst 1 in IB - Gen
+16 My group at UBS was truly inhumane and environment where verbal abuse (and even worse behavior) from seniors was normalized. Analysts and associates regularly cried. Analyst 2 in IB - Cov
+16 I don’t think WSO understands how bad it really is at UBS. The posts all understate how bad it is Analyst 1 in IB - Cov
+16 I’ve worked at many places on the street, and UBS by far the worst to be at. Everyone there is wasting away their career. Not a lot of learning opportunities, not a lot of deal, not a lot of mentorship VP in IB - Cov
+15 Congrats on not believing women should vote! Intern in IB - Gen
+15 moderateinvestor
+15 The blatant racism is unbelievable. Trump really opened the gate to a bunch of retards. Analyst 2 in HF - Event
+14 It’s cheaper to hire foreigners and they are easier to control.  Analyst 2 in IB - Cov
+14 Also almost half of rent controlled apartments in NYC go to foreign born residents.  Analyst 1 in IB - Cov
+14 i mean you're hiring smart foreigners from top schools not dumb hicks, huge difference right? Prospect in HF - Other
+14 Allegedly for the spots removing that could hold Americans HR used the fucking random function on excel Associate 3 in IB - Gen
+13 I’ve grinded on bake off decks where UBS wasn’t even invited to the bake-off but we spent weeks putting together thick 60 page deck. Associate 3 in IB - Cov
+13 I work out 6 days a week now, fund is imploding but life is great Associate 1 in IB - Gen
+13 Managing Director in IB-M&A VP in IB - Cov
+13 Analysts and asos are describing heart palpitations and health issues from grinding on fake deals and fake pitches, and MDs response is to punch down and tell them they’re “overhead” who should know their Analyst 2 in IB - Cov
+13 Interns should all be starting to network with other banks right now, so when they get exploding return offers they could go elsewhere Associate 1 in IB - ECM
+13 average analyst in my group closed zero M&A deals and received zero mentorship Analyst 2 in IB - Cov
+13 Easy way to quell the junior rebellion. You show any signs of dissent to leadership and we deport your ass Associate 2 in IB - Cov
+12 I wasted 2 years working on ongoing deals that lasted 19 months that any legit MD would have scrapped as a waste of time. Associate 2 in IB - Cov
+12 Your boss just posted here too lol Prospect in HF - Other
+12 UBS mandates that LSEG start publishing league tables upside down or they will cut their subscription   Analyst 1 in IB - Cov
+12 They stay and have a horrible time. I've seen like 10 people cry in the past 6 months at ubs(not joking). Bathroom by m&a group may as well be a crying room. Associate 2 in IB - Cov
+12 I’m pretty sure international students have 6 months to begin a job post-grad before their visa expires. grape9
+12 generating alpha48291 Associate 1 in IB - Cov
+12 Fuck you asshole bigpoppa123
+12 No one would be left in M&A, FIG, M&T if it weren’t for internationals on visas because those groups are so bad. Analyst 1 in IB - Cov
+12 It’s worse than anyone can possibly imagine  Intern in IB - Gen
+11 Just an awkward glare from lil’voldemort Analyst 1 in IB-M&A
+11 I would much rather take away this guy's vote than women's. Cabrum
+11 Also it’s understated how poor at time management and organization some of the MDs EDs Ds are. Analyst 2 in IB - Cov
+11 Every quarter it’s “just wait until integration is finished.” Every quarter the league tables get worse. Prospect in IB - Gen
+11 Congrats on UBS! Associate 1 in IB - Gen
+11 I can only imagine the mental willpower that must be required to sit calmly at your desk and not exact a mighty fury upon those around you watch your managing partner at the latest conference highlighting that the team has Analyst 1 in IB - Gen
+11 I’m impressed UBS HR knows how to use Excel functions  Analyst 2 in IB - Cov
+11 Harambe dies → Timeline breaks↓Internet loses faith in government authorities → younger generation leans into ridiculous ideas ↓ Prospect in IB - Gen
+10 UBS Management Playbook: -Wait until after Labor Day then we’ll see the market heat up -Wait until the start of Q4 then we’ll see the market heat up Analyst 1 in IB - Cov
+10 sources tell me UBS’s pipeline is stable. Please God.  Analyst 1 in IB-M&A
+10 The Mass exodus has started and is in the third inning as insiders have lost all hope this thing will turn around Analyst 2 in IB - Cov
+10 Marco declares that integration will now be a 10 year affair, and deal flow is only expected to get better after integration is complete Analyst 1 in IB - ECM
+10 This is probably the most concerning part of the CS integration. Cost cuts and synergies are one thing, but league table share is much harder to rebuild once clients move elsewhere. Analyst 1 in IB - Gen
+10 Even MDs cry, this place is awful Prospect in IB - Gen
+10 I’m a guy and I cried at least 2 times a month when I was there. People at UBS aren’t treated like human beings and my life has improved so much after leaving. Analyst 2 in IB - Cov
+10 Banks probably shouldn’t be hiring H1Bs. It’s not special work and you can absolutely find Americans to do it. I’d prefer to see kids from shit hole states getting more opportunities… Analyst 2 in HF - EquityHedge
+10 Immigrants create downward pressure on wages and upward demand on housing.  Americans are being betrayed and gaslit.  Associate 1 in IB - Gen
+10 Every H1B is apparently a finance / econ genius until you mention how increasing labor supply puts downward pressure on wages and all they can respond with is some sort of insult Associate 3 in IB-M&A
+10 Entirely depends on who you work for, who your client is, and who your engaged buyers are on a mandate. Associate 2 in IB - Cov
+10 Not sure if still the case, but my group at UBS targeted having 50% of the analyst class as internationals on H1B/OPT visas.  Intern in IB - Gen
+10 Everyone who doesn’t originate in banking is overhead, and by far the biggest overhead in banking is MD’s who can’t originate. Analyst 1 in IB - Cov
+10 Culture at UBS was extremely toxic - wouldn’t wish it on my enemies  Intern in IB - Gen
+10 Average UBS M&A experience. Group is hell on earth. So many people quit without anything lined-up because there are not even any exits. Analyst 1 in IB - Gen
+9 they’ve been saying “next year” for 4 years and it keeps getting worse every year  Intern in IB - Gen
+9 Would not wish UBS M&A on my worst enemy  Analyst 2 in IB - Gen
+9 who overwhelmingly supports mass immigration? Crony capitalist boomers and naive women  Analyst 1 in IB-M&A
+9 So many people left the past 2 months.  It really does feel like a mass exodus is happening. Every American citizen is actively trying to leave (unless they are part of the barclays team). Associate 2 in IB - Cov
+9 UBS could evaporate and I wouldn't think twice but I've never been more convinced this entire thread is just one guy talking to himself. CharlesCheese
+9 I get a tightness in my chest even just thinking about stepping into the floor of that group. Associate 2 in IB - Cov
+9 Pierce & Pierce for M&A. Dog walk
+9 When do they run out of excuses? Associate 1 in IB - ECM
+9 I think it's pretty funny that you've received such hilariously bad advice so far. Most people will say they're willing to help others but aren't necessarily interested in telling people the truth. nutmegger189
+8 I'm OK if you swing and take chances. At least be up front and manage expectations. Associate 2 in IB - Cov
+8 My $0.02 is you should just take the emotion out of your decision and be rational about your desires and the best way to realize them.  Associate 1 in IB - Gen
+8 What is causing UBS’s recent underperformance? I personally blame the death of Harambe in 2016.  Intern in IB - Gen
+8 Fair, Napoleon minus the winning part Analyst 2 in IB - Cov
+8 Napoleon was a brilliant general who conquered large parts of Europe, let’s not diminish him here  Analyst 2 in IB - Gen
+8 When the grouphead has a Napoleon complex well what do you expect Analyst 2 in IB - Cov
+8 Right now, the economic environment for young people is awful and the competition for the few entry level jobs that pay enough to build wealth is extremely intense. Associate 1 in IB - Cov
+8 UBS M&A continues to abuse juniors only for crappy bonuses and no exits. The group is hell on earth with an  attrition rate to back that up. Analyst 1 in IB - Gen
+8 Why wouldn't the banks prioritize who they think would be the best hire? Oftentimes at more cost to themselves?  Analyst 2 in IB-M&A
+8 During my time in DL the easiest explanation to my foreign family is that I was indeed a bank teller. Prospect in Research - FI
+8 Many such cases. Lots of MDs just lie and grift  Analyst 2 in IB - Cov
+8 Clients don’t care about synergy decks. They care about who wins mandates… and UBS isn’t   Summer Associate in IB-M&A
+8 I don’t use prompts much anymore, for a lot of the tasks, I’ve basically compiled instructions and told Fable to make a skill. Analyst 3+ in IB - Cov
+8 It's a problem but not nearly as bad as a problem in tech. Xbox announced large scale layoffs of American workers, while simulatenously requesting more H1B slots. Either you need the workers or you don't. Associate 2 in IB - Cov
+8 Pitch in an out of touch way to American business owners and management Analyst 1 in IB - ECM
+8 Lol at this post. I promise you, you were just as bad as an intern and probably your first few months on the job. jacobcrawford
+7 I heard analysts there keep disappearing. Not the place I want to be. Sketchy VP staffer. LordSlothmore
+7 Probably Mezzanine Financing by Luc Nijs? Otherwise I haven't heard / or I don't see the need to have an actual book for "hybrid solutions".  GS under Blankfein
+7 Whatever you do, please do not listen to this person. Associate 2 in PE - LBOs
+7 This tracks. UBS keeps pitching us truly insane ideas that only look good when looked at from a surface level. Associate 2 in PE - LBOs
+7 Ah yes, the US will lose to China (which basically has no immigration) unless we have massive amounts of immigrants.  Associate 1 in IB - Gen
+7 Look, setting aside a broader discussion of hikes, it's not great for a bond-proxy asset class for sure. Deals with a business plan of cap rate compression are screwed and have been for years. kylejackson
+7 Did you just now have a grand epiphany that the spreadsheets never loved you back? Goldman ballsack
+7 Pls name a bank that’s comping internationals differently lol Intern in IB-M&A
+7 Patriot  Analyst 1 in IB - Cov
+7 Finance and consulting "prestige" will impress other professionals, assuming you are in highly prestigious firms. GS under Blankfein