Off the record
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Off the record

"We are client concentric”

Does this banker want to run rings around his clients?

“What drives business is the duality between fear and greed”

A prominent Lebanese entrepreneur reflects on today’s narrow space to do business – framed by a burning desire to make money and a fear of getting burned by ever stricter regulation

“The EU third country arrangement is built on the premise that if we build it they will come. But they may not, and we think a number of them will not”

Some big providers may stop offering their benchmarks in the EU next year

““We’re not a bank – we are a technology company”

At Euromoney, we’re starting to despair about how many senior have trotted out this line to us in recent months, most recently a CEO in Asia in February

“The coming change in banking due to new technology is going to be much bigger than the most in the industry seem to realise. We are getting close now, especially in retail banking, to a Kodak moment when the technology that most of the industry still runs on will suddenly and very quickly become redundant”

This former banking chief executive speaks to Euromoney in a rush between meetings at various fintech firms competing to get him onto their boards

“We pay particular attention to the backers of new fintech offerings. We looked at a very smart piece of kit recently but it turns out that Goldman Sachs owns a large percentage. The company told us not to worry. It’s the private equity part of Goldman that owns a chunk of the company and those people never speak to Goldman’s bankers”

This head of investment banking just manages to finish his anecdote before collapsing in laughter

Gift this article