Fascinating article in Time Magazine about the anthropology of work and how Wall Street sets the tone and structure of work in the wider society. The headline is that Wall Street workers are liquid workers. I thought that meant that they drank a lot, but the author of Liquidated: An Ethnography of Wall Street Karen Ho,…
Fascinating article in Time Magazine about the anthropology of work and how Wall Street sets the tone and structure of work in the wider society. The headline is that Wall Street workers are liquid workers. I thought that meant that they drank a lot, but the author of Liquidated: An Ethnography of Wall Street Karen Ho,…
After picking up on German media reports about Deutsche Bank being investigated for allegedly spying on shareholders and employees almost a month ago, the spying scandal finally hit the mainstream transatlantic media today. This was thanks to an in-depth report in the Wall Street Journal which other media, such as the Times, are reporting as…
Last week, the European Commission issued a bunch of papers about the financial markets including the results of a survey on post-trade costs, a revision to bank capital and remuneration rules and more … but the most interesting document (pdf link) is probably the one that discussed the state of transposition of various directives under…
We talk about community and a return to traditional values brought on by the credit crisis and the community that springs to mind as being one of the most traditional is the Amish community. The Amish community is based mainly in Pennsylvania and Indiana in the States, and continue a strict religious order that stems…
Interesting dinner last night with a bunch of guys involved in the housing markets. These are some of the UK's largest property lenders and managers. By way of example, one gentleman was telling me about his wealthy client with £100 million property portfolio … the client was trying to restructure their financing and he accused…
And yet another Top 10 list is released today. This time it's the Financial Times analysis of the leading investment banks of the world (doubleclick image to see the list properly): This is hot on the heels of the Banker's release of the leading banks of the world, with the most profitable banks being: ICBC…
And yet another Top 10 list is released today. This time it's the Financial Times analysis of the leading investment banks of the world (doubleclick image to see the list properly): This is hot on the heels of the Banker's release of the leading banks of the world, with the most profitable banks being: ICBC…
