Stagnant, stepchild of UBS Investment Bank - Anonymous employee UBS Employee Review

Cost-cutting has been the mantra for the last two years and has reduced resources (including compensation) to minimal levels. Its overall ability to attract funds is relatively weak compared to larger asset-manager competitors and is also intertwined with Wealth Management's reputation and brand strength which has suffered considerably since UBS' U.S. tax litigation, major financial losses and management changes.