A spotter’s guide to the men and women of finance.
For all its delusions of fairness, enlightenment, openness to challenge and new ideas, employee surveys and so on, do not believe that your employer — if it has any significance in the financial services industry — is anything other than an oppressive Marxist regime. Supply, demand, freedom of expression, fairness, democracy, transparency — these are accoutrements of an anarcho-syndicalist commune. Investment banks like to believe they have these qualities — they certainly hold them dear — but this is a famous misconception. The nearest account to the inner workings of an investment bank you’re likely to see — albeit without out the sex, however joyless and mechanical its depiction may be — is George Orwell’s Nineteen Eighty-Four.