Bonus Watch '11: UBS

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Apparently there are some pleasantly surprised junior mistmakers today.

Top 1st years: 65
Top 2nd years: 80
Top 3rd years: 105

From the front lines: "Expectations were very low so people are happy whereas associates and up are highly concerned with the recent earnings and are preparing to bend over again in February." (The preemptive touching of toes of course presupposes they won't have been sent to a farm upstate by then.)

Related

Bonus Watch '12: UBS

Numbers for first and second year analysts (who are not happy). "It's been two weeks since UBS numbers came out and nobody wants to talk about it, for obvious reasons. Second years (base: 80k) ranging 45-65k and heard of some first years getting around 40k (base: 70k). And they could only achieve these numbers ("in line with the street") after firing 30+ analysts right before communication day."