<p>I want a bustling IB forum like all the other sections!</p>
<p>There are many IBankers on the forum...why don't you guys make posts and contribute lol??</p>
<p>You might want to just visit this website instead....</p>
<p>I know that site but I have a better idea...</p>
<p>we make CC have a gooood IB forum as well ;)</p>
<p>So...what do you guys think of the UBS debacle? Is it just the tip of the iceberg?</p>
<p>(I'm trying to start a conversation here.. :P)</p>
<p>Which one? The one that's old news regarding some employees helping clients evade taxes, or has something else come up?</p>
<p>So it looks like the most of us are graduating in 0'11 or 0'12... what do you guys think of the future market in Ibanking? I have a feeling by '11 the US economy will be back to prosperity and hopefully banks will start hiring left and right because of the mass layoffs that are currently taking place due to the current weak markets.</p>
<p>naura, I'm talking about the suprime debacle. They lost about $40 billion which is why Ospel had to resign and 5500 jobs were cut.
Plus, they're about to lose their banking license in the USA because of the tax evasion case you mentioned...</p>
<p>Oh that... </p>
<p>Well, was never really a huge fan of UBS anyway. Didn't know they were going to lose their banking license though, that's gotta hurt. I wonder what they'll do instead; retrain their bankers to repair watches perhaps.</p>
<p>I thought UBS was United Bank of Scotland? Or is it United Bank of Switzerland?</p>
<p>It's United Bank of Google it.</p>
<p>UBS is swiss, not scottish</p>
<p>
[QUOTE]
It's United Bank of Google it.
[/QUOTE]
</p>
<p>+1</p>
<p>And the fun continues at UBS:</p>
<p>FT.com</a> / In depth - UBS confirms facing further write-downs</p>
<p>yeah lol it's becoming a state affair here in switzerland...yay for megalomaniac investment bankers</p>
<p>UBS no longer stand for anything, its just UBS after all the merging</p>