FilterLas Vegas, NV
UBS is a global brand with a huge reach, unfortunately this repuatation has been tainted by a number of issues. The tax issue and the fact that what was once one of the world's greatest banks has been in so many debacles is unthinkable ranging from auction rate securities to the fact that it's spent so much money on recruiting that it couldn't even sell the brokerage unit if it wanted to. It's pretty ridiculous if you think about it.
Management is inflexible and cannot adapt to the changing conditions. Upper management is even worse resulting in the current state of the company
Advice to Management
Get caught up with the rest of the world
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