DON’T SAY IT. DON’T EVEN THINK IT.

As you may have heard, UBS has been going through a bit of a rough patch. Despite posting an annual profit (of 7.2 billion Swiss francs) for the first time since 2006, things just haven’t been the same since the crisis, and some have suggested it never will be, claiming that the bank “doesn’t have a chance” getting back to pre-crisis levels because “too much damage has been done.” Not helping things is the fact that there’s been very high turnover in the last couple months, which may have something to do with the fact that people would like to get paid. What you may not have heard is that the investment bank? Is kicking ass, according to Chairman Oswald Gruebel who is kind of confused as to why the media has chosen to ignore the division’s “steady progress” but wants employees to know he, for one, has not. Read more »