Lobby art in banks
Who is buying this shit? Why is it all "modern" and "abstract" lol you'd think there would at least be a statement piece or two from a notable historical artist.
Also, ofc UBS takes another L here. Having a bunch of kindergarten "fill in the shapes" type art in their lobby, calling it, "art of the day" or whatever... Walk north a few blocks (on 6th Ave) and they get absolutely mogged by a great landscape in the fuckin credit Agricole lobby lmao.
BNP Paribas also mogs under this criteria
Based on the most insightful WSO discussions, the choice of modern and abstract art in bank lobbies often aligns with branding and the image banks want to project. Modern art tends to convey innovation, sophistication, and a forward-thinking ethos, which aligns with the messaging many financial institutions aim to communicate to clients and stakeholders. It’s less about personal taste and more about signaling values like progressiveness and creativity.
As for UBS, their "art of the day" approach might be an attempt to appear dynamic and culturally engaged, even if it doesn’t resonate with everyone. Credit Agricole’s choice of a classic landscape, on the other hand, might reflect a more traditional or grounded image, which can appeal to a different clientele or cultural expectation.
Ultimately, these decisions are less about the art itself and more about the statement the institution wants to make. Whether it’s a hit or a miss, well, that’s up for debate—and clearly, some banks are getting "mogged" in the process!
Sources: Why Does The World Hate Wall Street and Bankers, A Banking Primer, Why Does The World Hate Wall Street and Bankers, Make or Break the Economy | The Daily Peel | 3/22/23, Modi’s Mind is Made | The Daily Peel | 12/20/22
I used to work at 57th / Madison. There is a huge Warhol art piece in the lobby - it's sick.
You expect finance guys to have good taste in art?
Congrats on Credit Agricole
The old chase prior to being bought by chemical had a gigantic art collection and a coffee table book about it. I wonder what happened to all that.
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