I applied online. The process took 4 weeks. I interviewed at UBS (London, England) in Nov 2012
Interview
Did online application and was later invited for a phone interview. It was not a very good experience as the line was disturbed and I could not hear the interviewer very well. Also, she had a strong American accent, which made it difficult to understand everything she said. Questions were pretty simple (What attracts you into applying to UBS, what attracts you into banking, what makes a good HR intern, etc).
Interview questions [1]
Question 1
Tell me the most difficult decision you had to face in the last 6 months.