Is Banking becoming too casual?
Guys, something I have noticed and which is kinda annoying me is the forced casualisation of banking. Even in the interview, they offer you the casual address (first name for you Anglos) and nobody wears a tie anymore. It´s even worse in countries were you separate the different forms of address grammatically, for example Germany, Romanic and Asian countries, because you talk to the guy that can fire you as though he were your friend. He´s not, of course, but it still mimics that friendly style. Why is that? Is it really that hard to get your ranks full that you have to mimic start-up casualness? Is it really that fucking hard to mandate ties and a dresscode? To tell people that monkstraps are for idiots and colored socks for fruits? To keep interactions between levels of hierarchy strictly polite? Really, that hard? Banking is not Silicon Valley, not matter how many billions there were in bailout. Be polite, be professional, be a fucking banker. Or go home.
Ok Boomer.
Swing and miss buddy, by about 35 years
I don't think it makes sense to dress up arbitrarily at all. I never make my employees dress up unless we're meeting with a client/have investors coming down/etc... Most of us just keep a change of clothes @ the office.
This is coming from a guy with a closet full of Kiton/Attolini/Isaia suits FWIW.
Why would top talent want to work at stuffy old banks and live by a rigid dress and business code, when they can go work in tech and make double the money, all while lounging in sweatpants?
No, but seriously, culture evolves. You obviously dress professionally when dealing with clients face to face, even though lots of clients don't give two shits about what you wear - they just want service and results.
It’s an evolution of business in general - this isn’t 1990, and I don’t think I’ve ever met a single person in my adult life who demands to be addressed as Mr./Ms. X, even in a formal setting.
In fact, one of the things we end up having to tell college students and new analysts is to stop being excessively formal in correspondence (because they’re taught by boomers who base their etiquette advice on what they encountered at their first jobs during the Reagan years).
No one cares what you wear, especially clients and possibly insecure people like yourself. Service and results as tackytech mentioned are all that matters.
People can converse with superiors and senior management because we are people and don't need to talk about work all the time or be scared of them. What is the big deal talking about the game last night or the Super Bowl? I don't give af if you're an intern or the CEO, we can still find commonality in our interests and there is absolutely no need "to keep interactions between levels of hierarchy strictly polite"
Sounds like you may be Japanese by how rigid you expect things to be. Or maybe you're an old ass who has a grandiose vision for what he thinks banking should be or how it should go back to the glory days. Or just maybe, you're a huge pussy who has been scared of his superiors his whole life. In any case, the industry does not give a single fuck about what you think or your complaints.
Idk, keep doing you though
Are you Lloyd?
SB for the great write up
Yeah, atleast I don´t have to be all "Sorry John you had to fire me, how´s the wife and kids?" Shit´s way easier that way
Lol well that's on you for caring about someone's kids and wife that aren't your own
Because we're not in the fucking gulag or the 1990s, that's why
Accounting - Audit - Intern
You 3 months ago: "Time to introduce the mohawk to banking! Free the flanell shirt! Up with Munster, down with Mannheim! Viva la revolucion!"
Yeah, I rock that free-form-stream-of-consciousness-style
...your profile says "intern"
Are you serious right now?
Not even a banker or accountant.....an intern
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