Investment Bankers 'Short Term' Performance Oriented

By: Ian Campbell | Thu, Sep 20, 2012
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The Telegraph reported that in a recent survey by the Economist Intelligence Unit:

It seems to me these results are at least directionally right, and what I would think most people would expect. I say 'directionally right', because I am surprised (with a little 'tongue in cheek') that the survey results were not 95% and 5% respectively.

The referenced article also reports on a survey that suggests only 10% of customers trusted bankers to act in their interests. Again, I think not terribly surprising - but a reinforcement for me that if you have money in the financial markets you ought to take as much responsibility for its management as you are able.

Topical Reference: Bankers 'motivated by short-term performance', from The Telegraph, Louise Armitstead and Harry Wilson, September 19, 2012 - reading time 2 minutes.



Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
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