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Opinion

Off the Record

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“I tried really hard not to use the words ‘dead cat bounce’ when we met.”

A Saudi banker explains his constructive ambiguity over the Saudi stock market’s brief recovery in March, speaking to Euromoney again after its second sell-off in April.

“I was on the trading floor. My PA called across to me and said ‘The Fed’s in!’ All the dealers scrambled for their phones. She shouted again: ‘The Fed’s in. They’re waiting in reception for you.’ Suddenly the whole floor was trying to unwind their positions.”

A global head of FX sales talks about the fun and games that can be had on the foreign exchange trading floor

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“So what’s up with your syndicate desk? You’ve not been answering the phone.”

“We now have caller ID.”

The reply of the head of debt syndicate at a major European bank when a Euromoney hack finally got through

“I’m afraid I can’t answer that question, because I’m on holiday.”

A provider of a “24/7 PR service” for a major European bank regrets diverting calls to his mobile phone from his office number

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“I’m gate crashing the last b/holiday weekend in May! booking myself into a hotel for wed thru to sat. but may need to kip on the camp bed for sat/sun. However think my toff boyfriend might wanna come and get some sun with his toff friend dave, whose bird lives there as well.
had the coil in yesterday – 5 johnnie and pill free years!”

An email from a European equity sales trader at a major investment bank that, inadvertently we hope, was sent to the email address for Euromoney’s foreign exchange coverage. We’ve withheld her name. At Euromoney, we know a thing or two about protection as well

“These people aren’t really rich: their net worth might be as little as $5 million to $10 million.”

One bank manager in Riyadh shows what it takes to be considered a high-net-worth individual in Saudi Arabia (see feature in this issue)

“You investment bankers are like whores, you are all there to be fucked!”

The CFO of a Russian borrower opens discussions with an investment banker

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“I still think it’s JPMorgan even though it’s lost some of its mojo.”

One capital markets banker explains who his biggest rival is








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