UBS reviews

Ambition strained ability to manage success at the peak and poor decisions by prior management have undermined confidence. Not as well known in the Americas. Company has been brought together through a series of mergers that were all successful in the short run but many of which are not yet fully integrated. Sometimes, implementation has not been directed at the long run and the planning process is not fully thought out or flexible enough. I have yet to see this significantly improve at my level. There is uncertainty around at the moment given the situation in the industry and level of changes required. Given the adjustment required there is likely to be short run pain but the changes being implement make sense for the long run.

Senior management incompetence - There are too many horror stories to list, from management not giving employees any bonus so they'll leave instead of management just laying them off, to laying people off on a Monday morning after they spent the entire weekend in the office to finish a project, to unfairly discipling people, so UBS can show statistics of how they handle situations. Lower compensation relative to peers - $5-10k less for each employee here and there means senior mangement can pad their own pockets.