Hong Kong argy bargy

It was billed as a "good-natured rugby challenge amongst representatives of corporate Hong Kong". But last month's Professions Sevens 2002 tournament, with CSFB, Goldman Sachs, Morgan Stanley, Deutsche Bank, JPMorgan, CLSA and HSBC among those fielding teams, turned into a free-for-all.

It was billed as a “good-natured rugby challenge amongst representatives of corporate Hong Kong”. But last month’s Professions Sevens 2002 tournament, with CSFB, Goldman Sachs, Morgan Stanley, Deutsche Bank, JPMorgan, CLSA and HSBC among those fielding teams, turned into a free-for-all.

Good-natured rugby challenge?

Witnesses say players “seemed more intent on beating the crap out of each other than anything else”. It seems that the frustrations of a tough competitive year for bankers spilled over onto the playing field.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access