Saturday, 22 March 2014

Bonus figure first, lame explanation next...


Line managers will typically communicate the bonus and total compensation figures first.

If you ever feel disappointed, chances are you will hear one of the following lame and generally not-so-true commentary...

- "It will be better next year, I promise."
- "You got the best bonus of anyone in the team."
- "It has been a challenging year (for the bank, the team, you). We hope you understand."
- "It could have been worse; you could have got nothing!"
- "Don't take it personally."
- "Once we paid out the guaranteed bonuses and others, there wasn't much left over."
- "There's nothing I can do about it, so there is no point in complaining."
- "At least you still have a job!"



Friday, 14 March 2014

Deutsche Bank's Unofficial Guide to Investment Banking

Deutsche Bank's had an "Unofficial Guide to Investment Banking" and have now made a Facebook page of it https://en-gb.facebook.com/UnofficialGuideToBanking (as well as a website, currently under construction www.unofficialguidetobanking.com

Beware the (overly) positive spin, though... 

Wednesday, 12 March 2014

A Game of Clones; Stories of an MBA graduate at a bulge bracket bank

A Game of Clones tells, live from the trenches and in a funny way, stories of an MBA graduate working for a bulge bracket investment bank in the City. It is intended for "all those who feel that they actually sit in the bank and ask themselves everyday, sometimes exasperated and many times very depressed "what am I doing here?""