The Bankers' Plumber

Thoughts on events and developments in the Financial Services industry. Some of these posts appear in the Bankers Plumber's Handbook

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24 JanNormal II – Traders not on the up and up. More insight into understanding what is normal in your business

Business Flow.  Flow, in the form of regular buy and sell orders, is what every trading desk is after, pretty much in any asset class or product. The greatest “flow” I have ever encountered has to be secondary FX at a Swiss bank; all those private clients buying securities in many different currencies. Manna from […]

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17 JanNormal – Do you have a feel for your business?

Banking or financial services tends to involve big numbers. Lots of zeroes; things do go wrong and often in spectacular style. Most recently, that nice Mr Corzine, Goldman Sachs alumnus and over achiever extraordinaire, came a little unstuck at MF Global. With every risk of over simplifying, the mess was what football fans call a […]

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09 JanLessons Learned – Let’s start at the beginning

Banks are amazing places. 24. Years, not the TV show with Kiefer Sutherland as the redoubtable Jack Bauer. That’s how long I have been in the investment banking business for. No guns, not even bad guys, Islamic financing but no Islamic terrorists. But still, on reflection a lot of very amazing things happened in those […]

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