UBS / CS LevFin post-merger

In the aftermath of the UBS-Credit Suisse merger, I am very interested in understanding the dynamics of the combined LevFin team.

Historically, UBS was a sponsor-driven bank, and so was Credit Suisse (CS of course having a top-of-the-street LevFin team). I'm curious about the post-merger strategy: has UBS retained its sponsorship focus and integrated parts of Credit Suisse's LevFin team?

I'm particularly interested in understanding:

  1. Team Structure: How has the integration reshaped the team in the US and Europe?
  2. Personnel and Relationships: To what extent have Credit Suisse people and client relationships been retained?
  3. Current Standing: What's the team's position in the market post-merger, and how are they faring in ongoing projects?
  4. Europe vs. USA: Refocussing on Europe, is there a difference between their EMEA and US LevFin team?
  5. Ermotti's Strategy: What are your thoughts on King Ermotti's "asset light" strategy — do they plan on decreasing LevFin capacity in relative or absolute terms?
 

Not sure but don’t think all that many CS LevFin guys are even staying around tbh. Big moves have been made on the team

 

Recusandae reiciendis quos cumque in consectetur reprehenderit. Ut et non rerum itaque. Perferendis eveniet vel iure. Et blanditiis est dolor officiis nesciunt officia fugiat deserunt. Laudantium voluptas vero animi illo repellat sed.

Illum nulla aperiam unde asperiores. Perferendis pariatur adipisci voluptatum aliquam unde tempore. Molestiae voluptas inventore pariatur.

Ut necessitatibus dicta dignissimos facere sed. Dolorum temporibus assumenda sint similique molestiae aperiam. Aut cumque quia et velit. Dolor qui asperiores fuga.

Voluptatem vel excepturi veritatis tempore. Consequatur a explicabo provident a velit. Ipsa assumenda eum veritatis id. Reprehenderit velit voluptatem delectus sunt. Et voluptate rem rerum quis totam eum asperiores. Iusto repudiandae corrupti dolores soluta earum voluptas.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”