For those who shamefully forgot, today is the anniversary of the Swiss bank's birth and a big one at that: 150 years. To mark the occasion, every single employee received a "specially commissioned Swatch watch." According to a UBS spokesperson, the watches represent the company's "gratitude for their dedication and hard work in recent years."
Bonus Watch '13: UBS Hedge Fund Employees None Too Happy To Be Treated Like UBS Employees
The Swiss are scheduled to communicate bonus numbers today. In the meantime, those working in UBS's O'Connor fund are preemptively pissed re: the news their compensation will be structured as though they were regular old employees of the bank. What are they doing about it?