Profits are up, we are making money, everyone is happy. Can it be better? Certainly! But, we can stash a billion every quarter, pay nice fat bonuses, take care of our people and customers - while we march forward there will be casualties, some departments and functions are quickly becoming outdated and with skills no longer needed - UBS will have to retrain those folks or simply let them go. It's Capitalism guys, it's the nature of the beast not some inherent UBS flaw.
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