While bankers in the U.S. await the result of the presidential election and contemplate new peaks in the coronavirus, bankers in Canada are in a situation of comparative calm. Canada has had the same liberal prime minister for five years […]
Tag: Bankers
“MDs voted for Trump. Analysts and associates voted for Biden”
Who, in the financial services industry voted for Donald Trump last week? As the coals are raked and the exit polls analyzed, it looks like Trump did better than in 2016 among people earning more than $100k, that he had support in […]
Bankers at home left to wonder who will be fired next
Slowly but very surely people in banking are returning to offices. At Goldman Sachs, for example, CEO David Solomon said this week that the firm now has 30% of its people back in London and 30% rotating in and out of its headquarters in New […]
Creeping suspicions that bankers/traders at home are doing less work
What if Jamie Dimon was right? What if it gets to Friday afternoon and everyone working from home decides to retreat onto Netflix or start baking sourdough loaves rather than committing fully to the requirements of their jobs? The longer that WFH […]
Hong Kong and Singapore bankers drinking to excess to land Chinese deals
Bankers from Hong Kong and Singapore say they often end up drinking to excess when they meet clients from mainland China and try to forge strong relationships with them. China’s culture of corporate boozing has been thrown into the spotlight […]
JPMorgan bankers will be working from home forever
The whole industry has been pondering this strategic question for months, but according to an interview with Dan Pinto, JP Morgan has come to a decision – working from home, at least part of the time, is going to be a […]
The big hidden danger of video meetings for Singapore and Hong Kong bankers
Covid-19 has drastically changed how business can be conducted – we’re all getting used to video meetings via Zoom and other platforms. This permeates across all industries, and private banking here in Asia is no exception. Online communication has some […]
Goldman Sachs gave staff a big pay hike
It’s not easy to get pay right when you’re Goldman Sachs. Pay too much and you’ll be lambasted by ‘vampire squid’-type accusations, particularly at a time when many non-banking households are struggling. Pay too little and you risk losing traders who fancy their chances […]
Women bankers worry that lockdown will affect their bonuses
With some banking teams (mainly in markets) looking at record revenues, and some (mainly in advisory) heading for a year to forget, the Q2 results stage doesn’t necessarily seem too early in the year to start worrying about the 2020 […]
Nine new work-life hacks from one of Asia’s leading bankers
Your boss is breathing down your neck for the pitchbook he needs for a client’s beauty parade. Your partner is complaining that you’re not spending enough time with him or her. You feel time is always against you, whether you’re […]