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Banking

Off the record

"What do you mean it’s a big job? President of the USA is a big job, but he doesn’t have a co-president!"

The former colleague of a banker who recently became co-head of an investment bank recalls the derision he faced when he was appointed joint head of a business

"Please don’t quote me on this because we don’t think it’s likely ... but we are planning for the worst case: to make sure we could carry on functioning even if the European capital markets closed down for an entire year"

A corporate treasurer outlines contingency plans for a possible Greek exit from the euro

"I am feeling good. But, then again, we bankers are delusional people"

One Asian investment banker admits that with sentiment so finely balanced, his confidence could very well be misplaced

"Off the record – it’s a total pain in the arse"

The investment banking chief at one of the banks on the Facebook deal bemoans the impact that its fall in share price will have on an already tough IPO market

"If you are the CEO of an asset management firm, you have two options: aspirin or Prozac"

An observer does not mince his words on the challenges facing the fund management industry

"The two words I have heard most today are ‘unintended consequences’"

An attendee at the Icma AGM sums up market fears over new regulation

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