Ossie rallies the troops at UBS

Having undergone an interview with the taciturn no-nonsense Ossie Gruebel when he was the head of Eurobond dealing at Credit Suisse White Weld in the late 1970s I always carry the highest respect for him ever since. UBS is still a brand name that will make it easy for clients to forget the missteps of the past few years as long as they get the right service. Reading the memo that Gruebel penned for his staff of 70,000 I cannot help but think that maybe the staff numbers are still a little bit on the high side.