Off the Record
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LATEST ARTICLES
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A top executive at a leading European bank questions the credibility of the firm’s new leadership [March]
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One PR chief goes coy on the prospects of a traditionally convivial night during the IMF meetings after a recent change in senior management
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Both tasks suggested by this banker seem equally impossible at this stage, to be honest
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The chairman of one of the world’s biggest banks apologises for the size of his company’s annual report, which his PR chief had just handed to us
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After a tour of the leading lights of Silicon Valley, this bank CEO wasn’t so sure tech giants like Apple and Amazon really wanted to become banks
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The CEO of one leading European bank has some sympathy for peers that are struggling to deliver positive results for their banks, and thereby raising questions about their futures
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A top executive at a leading European bank questions the credibility of the firm’s new leadership
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“He’s got an important client meeting in Australia. He’s setting off tomorrow”
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“I’m absolutely delighted. He once told the CEO in a management committee meeting that he was like a second father to him. We all wanted to be sick”
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"It’s got nothing to do with the market. It’s the fact that our f***ing governments haven’t got their f***ing acts together to make the necessary f***ing planning to address climate change and have spent 20 years p***ing in the wind wasting our money on lawyers in Paris"
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Digital technology is set to change banking fundamentally in the years ahead. Euromoney has been writing about this a lot, while quietly wondering what it might do with a dollar for every time a grey-haired senior banker solemnly asserts it. Hence, no doubt, the email that pings into our inbox from Silicon Valley, promoting what looks like a new trade-matching or wealth-management service, called MillionaireMatch, which boasts that it runs a ‘no riff raff policy’. Quite right too, in this era of endless fines for market rigging and other offences.
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“I keep telling him to grow a set of balls. I really shouldn’t be talking to my CEO like that”
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“I have had meetings with any number of start-up direct-lending platforms, and although I think there is a small need for them, the vast majority of them are total bullshit and a crisis waiting to happen”
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"Why not just give us one piece of paper saying banks can’t trade fixed income derivatives on a non-clearable basis?"
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“If you take into account the deals that people took a run at but didn’t get over the line there has been a staggering increase in activity”
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“Do not make any moves. You have been spotted”The slightly alarming message that popped up onto a blank screen when one of our correspondents tried to log in the press centre website of the Ukrainian Ministry of Economy & Trade
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“I’ve got tickets for the world cup final. My boss was on the phone asking me about that and I told him that it was a client event I had booked in six years ago. It was probably a mistake. He pointed out that I didn’t work here six years ago”
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