The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Opinion

Bonuses: bankers still don't get it

Life is full of surprises: big and little, nice and not so nice. I am trying to sell my apartment in London. One rainy Thursday morning, I flung open the front door to see my estate agent, Simon; an elderly diminutive man so shabbily dressed that I thought he might be a tramp; and a younger, larger man. "Can I please show my client around?" Simon asked politely. "Of course," I replied. "But as it’s pouring with rain, please take your shoes off." There was a stunned silence and then they took their shoes off and the tramp strode into my kitchen and proceeded to inspect the rest of my flat. After the tour was complete, the group gathered in the vestibule and I overheard the agent saying oleaginously to the supposed tramp: "Aha, so you think it’s too small for you." And the group trooped off into the rain.

I later discovered that the tramp was not a tramp at all but a billionaire leisure industry magnate who had been transported to my flat in a top-of-the-range Bentley. Obviously my request to remove shoes was verging on an insult. I am surprised that the magnate didn’t march out immediately.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree