Anyone here at UBS? Is it a blood bath for contractors

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BrilloPad replied

6 November 2012, 08:33
Originally posted by BlasterBates View Post

IB Gravy Train

Final Chapter

....and they all lived happily ever after

THE END

It can't be over. The only way the Western monetary system "works" is by creating more and more of it.

The government will inflate their way out of it and it will all be okay.
Leave a comment:
BlasterBates replied

6 November 2012, 06:26
IB Gravy Train

Final Chapter

....and they all lived happily ever after

THE END
Leave a comment:
SueEllen replied

6 November 2012, 06:24
Unfortunately they are not all paranoid but luckily some clients don't like people with just IBs on their CV.
Leave a comment:
cojak replied

5 November 2012, 23:10
Well let's just hope they stay paranoid. Can't have 'em flooding the market
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eek replied

5 November 2012, 21:49
Anyone here at UBS? Is it a blood bath for contractors

Originally posted by cojak View Post

On the Bench probably. IB contractors are notoriously paranoid that if they take a non-IB contracts they'll never get another one.

Ftfy hth
Leave a comment:
cojak replied

5 November 2012, 20:54
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.
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rocktronAMP replied

5 November 2012, 20:06
Originally posted by BlasterBates View Post

Not only UBS

COMMENT: UBS makes correct call - five years too late | Reuters

Doesn't look good.

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.

Where will those skills Banking / financial services contractors
go?
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BlasterBates replied

5 November 2012, 14:25
Not only UBS

Rival 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.

COMMENT: UBS makes correct call - five years too late | Reuters

Doesn't look good.
Leave a comment:
centurian replied

4 November 2012, 14:56
Originally posted by Kanye View Post

Thought better of it...

Go on, you know you want to...

Give us an executive summary
Leave a comment:
Kanye replied

4 November 2012, 11:42
<snipped>

Last edited by Kanye; 4 November 2012, 11:58. Reason: Thought better of it...
Leave a comment:
BrilloPad replied

3 November 2012, 21:18
Originally posted by DeludedAussie View Post

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?

What have the papers said then?
Leave a comment:
DeludedAussie started a topic Anyone here at UBS? Is it a blood bath for contractors

3 November 2012, 10:43
Anyone here at UBS? Is it a blood bath for contractors

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?
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