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One senior investment banker I know is taking networking and relationship building to a whole new level
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Busy seasons get the best of all of us. The sleep deprivation, the late nights of mixing caffeine and booze, and the camaraderie we bankers feel working to exhaustion as part of a team is something I dearly miss.
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Investment bankers like to brag how they work for their clients, but what my decades of experience in the industry have taught me is that they, just like every other human being, actually work for themselves.
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As winter creeps up on us, it is time to celebrate that cherished time of year when people come together in a spirit of love, fraternity, and violent rivalry. Yes, it is awards season.
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There is little that can affect a veteran bond banker more than experiencing the joy of a debut issuer. Whether they’re happy with the funding costs, impressed by the deal size, or just basking in surprise that no-one took a closer look at their accounts, new issuers often bring a child-like innocence to the debt markets. Sometimes, however, they go too far.
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The worst nightmare for bankers is an absurdly demanding client. But throw in a teenage tantrum and things go from bad to worse.
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The banker lifestyle back in my day, and even now, is one of late nights and early mornings. I’m sceptical of any banker who I meet at the pub on a Friday night who isn’t bleary eyed from lack of sleep during the week. But long hours in the office don’t always mean a productive time at work.