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
Business Transition Simplified

Through his website and his Business Transition & Valuation Review newsletter Ian R. Campbell shares his perspectives on business transition, business valuation and world economic and financial markets influences on those two topics. A recognized business valuation and transition authority, he founded Toronto based Campbell Valuation Partners Limited (1976). He currently is working to bring his business valuation and transition experience to both business owners and their advisors in our new economic, business and financial markets normal.

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