UBS's Tactics to Attract Credit Suisse Talent Amidst Culture Clash and Collapse

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Source: eFinancialCareers (US)
UBS's Tactics to Attract Credit Suisse Talent Amidst Culture Clash and Collapse
Photo: eFinancialCareers (US)
TL;DR Summary

Credit Suisse's investment bankers are in high demand on the job market, and UBS should act fast to recruit them before they leave. Credit Suisse still has plenty of good people, and many are feeling flighty, making it an opportunity for UBS to recruit high-caliber people who aren't usually available. Credit Suisse's global M&A revenues were historically higher than UBS's in many key sectors, and the biggest overlaps between Credit Suisse and UBS bankers are likely to be in London and Switzerland. Uncertainty over their future at the combined entity is likely to persist for months, and a lot of people may leave in the meantime.

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