UBS leaders Colm Kelleher and Sergio Ermotti said they did not want to bring CS's “toxic culture” to the company.
One case shows otherwise. Not because of toxicity. But because of the back and forth it raises questions.
We're talking about a compliance officer who has risen to a higher career position at Credit Suisse.
Two years ago, he jumped out of the big bank — according to a source, because he was no longer happy with his boss.
His profile was required. He found a new job at Vontobel in Zurich.
The job description sounds impressive: deputy director rank, leadership responsibility.
The honeymoon did not last long. A year later, the Family Bank folded again.
But the specialist did not end up on the street. At least not for long. My old employer made sure of that.
Meanwhile, it has traded its life as an independent financial company for that of a subsidiary of the massive UBS bank.
However, a new field of application was found for the “Renegade”. Not as a simple employee with a seniority rank.
But now as a boss: team leader and manager.
Employees are a topic of conversation in CS hallways.
Countless employees will receive the blue letter in these weeks. The cuts and social plan have been in effect since last fall.
Conversely, a colleague advances by skillfully moving between jobs.
His partner is also on the payroll of a failed major bank. To what extent this played a role, people are now scratching their heads.
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