“What kind of firm were you running? You are now out of a job because of the attack on the integrity of the bank—that was the behavior. Was there nobody in your firm, when that was happening openly with traders, who came to you and said, ‘Bob, you are going to have to watch this because we are going to be in deep trouble’?”
“What kind of firm were you running? You are now out of a job because of the attack on the integrity of the bank—that was the behavior. Was there nobody in your firm, when that was happening openly with traders, who came to you and said, ‘Bob, you are going to have to watch this because we are going to be in deep trouble’?”
—George Mudie, MP and member of the U.K. Treasury Select Committee, in a question to Bob Diamond, former ceo of Barclays, at last Wednesday’s hearing in London.
Craig Coben discusses whether it is possible to pursue one’s dreams outside of investment banking while keeping one’s options open about making a return
The headline numbers resulting from hyperscaler capital raising are staggering and are boosting banks’ profits. But not everyone will be getting fat on the spoils