UBS – “UBS is a too big for efficient management”

Pros

Stability and decent name recognition

Cons

Beaurocratic, rigid, eurocentric and very slow bank. They want to be a big investment bank in the US, but should do better sticking to commercial banking in Europe.

Advice to Senior Management

Look at the management carefully - at some level, you need to be very political to survive. Energy spent on politics rather than business.