Morning Coffee: Citi’s most shiny division has jobs that look very precarious. UBS’s top bankers are facing irrelevance ...Middle East

A core belief, shared by all investor relations departments of the world’s biggest banks, seems to be that people hate banks and don’t want to invest in them.  Consequently, whenever you get the chance to present to investors, you have to pretend to be something else.  This is the likely source of the common delusion among bank management teams that they are “actually a retailer”, “actually a technology company” or “actually a utility”.  If you can fool the market that you’re not really in the unpopular business of banking (or even worse, investment banking), they might assign a higher multiple to your earnings and the share price will go up. Get Morning Coffee  in your inbox. Sign up her

Hence then, the article about morning coffee citi s most shiny division has jobs that look very precarious ubs s top bankers are facing irrelevance was published today ( Wednesday 19/06/2024 - 11:32 AM ) and is available on TOP world News today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Morning Coffee: Citi’s most shiny division has jobs that look very precarious. UBS’s top bankers are facing irrelevance )

Also on site :

• Pink Floyd’s Beloved 1975 Masterpiece, Ranked Among ‘Greatest Albums of All Time,’ Is Suddenly Climbing the Charts Again
• Martha Stewart’s ‘Beautiful’ Cotton Floral Comforter Set Is a Cottagecore Dream, and It’s Nearly 60% Off
• Kelly Rowland Encourages Katseye to ‘Be Kind to Themselves’ as Girl Group Navigates Changing Dynamics