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 Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Off the record

December 2019

“Are you here for the rugby?”

Every single bank we met in Tokyo. No, we arrived the day after the final, and we will not be discussing the result

“If you think you can get to the age of 90 on a pension, you’re on drugs”

A banker makes the case for Japanese investors to spend some of the money sitting in the bank and put it into wealth management

“Like a knife fight in a phone box”

A banker remembers the good old days of working for Merrill Lynch in London in the 1990s

“We’ve had unicorn CEOs ask us: ‘Why should we hire an investment bank? That would imply we can’t raise capital ourselves’. It really turns me off. They don’t actually understand the struggle first to raise capital and then earn a return on it”

While investors worry if  WeWork can survive the disaster of its failed IPO, this investment banker sees the bigger issue of disintermediation

“They can’t wait for deals that are down the middle of the fairway.

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.


Unlimited access to and

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


Unlimited access to and, 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


Already a user?