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One senior investment banker I know is taking networking and relationship building to a whole new level
As the end of the year looms and everyone rushes to clear their annual leave, great examples arise of what to learn from your boss
Despite the often dry nature of the loan business in Asia, there can be some hidden perks from deals
I've recently learnt the four Rs of life: reduce, reuse, recycle and regift
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Most Asian bankers were, understandably, distracted this week by the attempted hijacking of depositors in Cyprus, and the subsequent vote that ruled out a deposit levy, at least for now. But as everyone was firmly looking in Europe’s direction, they may have missed some even more shocking news closer to home.
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It did not take too long, in the end. The conclave has emerged from their smoky den, and picked a humble Argentinean cardinal to take over the Catholic Church. He accepted gracefully, and everyone moved on. Surely this is how all elections should go?
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THE RUGBY Sevens is on its way, and the mad scramble to get a ticket has begun. There are some, of course, who decided to actually buy tickets online at the first opportunity. But the rest of us don’t have time for such foolishness. Half the fun, surely, is the sport of blagging a free ticket.
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Accusations are always flying around of bankers not managing to find demand for some of the deals they’re pitching. Should they admit this, or not? One thing’s for sure, they should definitely avoid doing both in quick succession, as one hapless soul did recently.
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Some bankers, all too familiar with the tricks needed to get to the top, think that while luck may play a hefty part, politics are at least as important. Success, one senior banker said this week, comes down to 50% talent, 25% luck and 25% politics. That may be so, but I suppose it depends what sort of talent we are talking about.
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I’ve never been a big believer in the relevance of Chinese zodiac signs to market movements, so it gives me an almost equal mix of joy and disgust when the new lunar year comes around and analysts release reams of reports telling us what it all means for the market. But this year, I’ve become a believer. I have no other choice.