Taipan

  • The wrong sort of liquidity

    Spare a thought for a young loans banker who recently told Taipan about his newfound freedom. I was drinking in Solas when the chap walked in on his own and ordered a Brooklyn Lager. Since we were the only two occupying the bar’s outside seating, we naturally started talking.

  • US result is a champagne moment, but who for?

    Few readers of this column will have been able to avoid the temptation this week to continually hit refresh, hoping for a morsel of news on the US election. Whether you’re red, blue or polka-dot, the zig and zag of the election results has been compelling theatre.

  • Our lives are in limbo because of Covid

    The lockdown has changed life for all of us in ways large and small. I miss my monthly trips to the beach in Thailand, lazing around in a plush hotel with a Mai Tai in my hand and a Tai Tai nowhere in sight. Tai Tai is my dear wife, although in this case the relevant definition of the word ‘dear’ is ‘expensive’. She tells me she misses the long dinners with the girls. Others reminisce about the hustle and bustle of business travel.

  • When a rose by any other name is asked to leave

    The theory of nominative determinism states that people tend to take jobs that fit their names: John Baker becomes a baker, Ted Milk becomes a dairy farmer, Fakey McBlowhard becomes a politician. But there are also names that are valuable, not so much because they affect your career choices but because there’s a good chance you might get confused for someone else.

  • Banks training descends to new lows

    Bankers are famous gossips. They like nothing more than talking about the revolving door of job moves in the industry, the embarrassing slip-ups rivals have made with clients or the scandals that can result when alcohol and the capital markets collide. But although the rumour mill ensures bankers know plenty about other firms, they don’t always know what’s going on at their own.

  • A banker’s summer scarlet letter

    It can occasionally be tempting for a young banker to pull a sickie to spend a day with friends. But sick days are best spent under the cover of darkness — not in the searing sun.

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