Let's use Deutsche Bank as an example. In the past few months, plenty has happened to DB, including it's most recent failure of the Fed's stress test, the number of DB employees involved in LIBOR rigging pegged at 29, and a Brexit memo sent out by John Cryan starting with "I'm afraid".
The most interesting part of this article is the following quote:
Deutsche Bank AG said a survey of staff found fewer of the German bank’s employees feel committed to the lender than they were a year earlier, with less than half saying they are proud to work at the firm. “The results paint a sobering picture of the mood inside our bank,”
So here's my question to you. Is DB the most embarrassing bank on Wall Street? If not, who? If possible, include as many unique facts as possible.
Original article: http://dealbreaker.com/2016/07/deutsche-bank-surv…
DB failing stress test: http://dealbreaker.com/2016/06/deutsche-bank-fail…
There are none. When you actually work as a full time employee, you will find no one you hang out with gives a shit where you work in the real world. And if they do you probably hang out with a bunch of nerds who jerk off to notions of prestige. A job is a job, and any high finance job is a good one.
Holy Shit! An actual adult on WSO!!
The virgin nerds of WSO might get hard thinking about this stuff, I have not met a single respectable individual in the industry that talks about shit like this...Idle brains, and less than idle thoughts
Hey, don't make fun of WSO virgins. They're saving themselves for an MD they need to sleep with for a bulge bracket job.
As @SmokeyG says, no one who matters gives a shit.
In most cases, anyone who did talk about a bank's overall reputation in a way designed to cause embarrassment is typically indicating they don't know that much about what they are talking about.
Or they ego-crippled and think social interactions are zero sum games where they can only get ahead by taking someone else down.
Or both.
Citigroup global markets
Firm: Nut on your face capital. Unique fact: They will nut on your face. Interview process: 2 MD's, 1 associate. belt buckles you can figure out the rest.
A bank is a person now?
I honestly don't think this type of content should be front-paged. I bear no ill-will to the poster, but honestly this question is quite immature. It demonstrates a bit of a deterioration in the quality of this forum to be front-paging a call to gossip (which has subsequently been shut-down by some of the community members).
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