The good news is that UBS has some money to pay employees. The bad news is that there may not be enough to go around for everyone, depending on how things spread out.
We get our numbers on Wednesday. Group head made it clear this morning that there would be "quite a few zeroes and worse" across IBD. Total comp down in the neighborhood of 70%. Six-figure sums have been allocated to entire groups (in the neighborhood of 50 people)