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.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Opinion

Off the record: Celebrating 50 years of Euromoney

In 2005, Euromoney started its Off the Record column, because we had noticed that many bankers could not stop themselves from spouting hyperbole, humour and hubris when the conversation went 'on background'. Here are some of the choicest sound bites from the last 14 years.

“A marriage of German flair and Italian efficiency”

A commentator’s description of UniCredit’s $16 billion takeover of HVB Group in June 2005

OTR_160x186

“OK, if there were a big credit event, and if it coincided with one of the dealers going down, there would be a problem. How many ‘ifs’ do they want?”

In January 2006, this credit derivatives banker took issue with a Fitch report arguing there was too much risk in the market. It turned out there were more than enough ‘ifs’

“Private equity has the liquidity, hedge funds have the brains – the only thing us banks have left is credibility...”

Not much has changed since an investment banker told us this in February 2006 – apart from the last bit perhaps

“Have you seen the share price this morning?”

“No. Why?”

“Looks like we’re bust again”

Two Royal Bank of Scotland bankers were overheard in a lift at the Bishopsgate HQ in November 2008

“I was on the trading floor.

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