UBS Will Allow Hybrid Work for Two-Thirds of Employees

The transcript discusses UBS's approach to recruitment and retention, highlighting its deviation from Wall Street's trend of bringing employees back to the office. UBS has implemented significant bonuses for junior employees and faced challenges with a promotional video. The bank is moving towards a more flexible work culture, contrasting with the stricter policies of US banks. This shift reflects the reality of senior managers working remotely, making it difficult to enforce office presence for younger employees.

In what ways is UBS attempting to change its traditional conservative image?

What factors might influence the enforcement of office attendance among younger employees?