What are people at UBS seeing at the moment - is it as bad as the papers have made it out to be?
Are all contractors getting the chop or is it perms first?
Are all contractors getting the chop or is it perms first?
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What have the papers said then?Originally posted by DeludedAussie View Post -
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Not only UBS
COMMENT: UBS makes correct call - five years too late | ReutersRival firms won't be gloating at UBS's misfortunes. Cost-income ratios are out of whack at many European investment banks, and plenty need to raise capital - or cut assets. Many more job losses and compensation cuts are to come.
Doesn't look good.I'm alright JackComment
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Agreed. It is not good for the City of London / Docklands. I am not surprised by the results, the market dislocation of USD 40 Billion was reported even in 2008.Originally posted by BlasterBates View Post
Where will those skills Banking / financial services contractors
go?Comment
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Anyone here at UBS? Is it a blood bath for contractors
On the Bench probably. IB contractors are notoriously snobby about taking non-IB contracts that are 'beneath' them."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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Anyone here at UBS? Is it a blood bath for contractors
Ftfy hthOriginally posted by cojak View Postmerely at clientco for the entertainmentComment
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Well let's just hope they stay paranoid. Can't have 'em flooding the market
"I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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Unfortunately they are not all paranoid but luckily some clients don't like people with just IBs on their CV."You’re just a bad memory who doesn’t know when to go away" JRComment
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