Financial Services

Another withdrawal from the Trust Bank

Once upon a time, bankers were respected pillars of the community. Not any more. And a major reason for their vilification is that they have forgotten that trust is a learnable and measurable skill that makes organisations more profitable, people more promotable, and relationships more energizing.

Women shunning finance careers

The number of women between the ages of 20 and 34 working in the US finance industry fell by some 20 per cent between 2001 and 2010 according to an analysis of data from the Bureau of Labor Statistics.

So no-one is indispensible?

Modern organisations, we're often told, are complex networks of knowledge, relationships and stakeholders. The organization is far larger than any one person – and so no-one is indispensible. Really?

How capitalism was tested beyond its limits

Capitalism has been tested beyond its limits by completely false and inherently risky assumptions. Globalisation transpired to be a trap and a delusion. What looked like a dead cert for the world economy became a sure nightmare.

Ten lessons to learn from the crisis

As the the financial crisis recedes, it is clear that the structure of big bank boards and the behaviour of their directors must change if we are going to prevent similar disasters unfolding in the future. In particular, there are ten key governance lessons that need to be absorbed.

Exodus of women could reinforce banking glass ceiling

The recession could reverse the progress made by big banks in the past few years in bringing women into senior positions - because women themselves are using the downturn to step off the corporate treadmill.

Time to put the risk gene back in the bottle?

As excuses for failure go, 'it wasn't me, it's genetic' probably won't get the world's bankers very far, such is the rage felt towards them right now. But there may be an element of truth in it.

What happened to technology in financial management strategy?

Since the very beginning of the IT Age, Wall Street boasted more technology and processing power than any other sector. So what happened to it? Why did it fail to stop the meltdown?

Accountancy glass ceiling as thick as ever

A background in accountancy is one of the best launch pads there is for getting to the top in business. The problem is that it is still a profession largely closed to women at senior level.

How can I get them to take some notice?

Mike's job in a financial institution is to handle complaints about miss-selling – and he's worried by the number of unhappy customers who contact him every day. But his bosses won't face up to the problem. Andy Hanselman offers some advice.

China faces shortage of finance pros

China is facing increasing difficulty as its financial system moves to a more market-oriented style. Surprisingly, it's not necessarily government bureaucracy that is posing these problems, but decades of Chinese higher-education that hasn't taught finance degrees.

Will market turbulence put paid to my flexibility?

Working from home one day a week has transformed Peter's life. But could economic jitters put paid to his company's support for flexibility – and what can he do to prevent this?

Pensions double whammy for British workers

Bad management of defined contribution pensions by British employers risks leaving workers 70 per cent worse off in retirement than they should be.

India feels the talent squeeze

Despite being blessed with one of the world's biggest labour pools, Indian financial services businesses are struggling to find graduates with the right management and people skills.

Male accountants slam female-friendly policies

Nine out of 10 male accountants believe they have been adversely affected by attempts to create a better environment for women and many say women are being promoted when they do not deserve to be.

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Vish Alluri: The Enlightened Manager

Vish Alluri, co-author of ‘The Enlightened Manager', discusses a thoughtful approach to management which draws on the teachings of the philosopher, Jiddu Krishnamurti.

Steve Cockram: the Voice-Driven Leader

Steve Cockram, co-founder of Giant Worldwide, talks about his latest book, 'The Voice-Driven Leader' and explains how to create environments in which every voice gets heard.

What is Relationship Currency?

Keynote speaker and transformational coach, Ravi Rajani, talks about his new book, 'Relationship currency: five communication habits for limitless influence and business success'.

Hone - how purposeful leaders defy drift

We dive into the new book from Deloitte's Geoff Tuff and Steven Goldbach, 'Hone - how purposeful leaders defy drift'.

Thumbs down for serial job hoppers

With one in five employees quitting within the first two years of starting a new job, a study has found that serial job hoppers could find themselves bounced out of consideration for future opportunities.

London bankers set for bonus bonanza

More than 4,000 people look set to enjoy payouts of more than £1 million in the new year as the bonus pot in the City of London hits a record £8.8 billion ($16.7 billion).

Paying through the nose for talent

Such is the demand for top staff in the City of London that investment banks are prepared to buy out the huge annual bonuses of top performers they want to poach from rivals.

City spurns immature British graduates

City financial firms are increasingly looking abroad to hire new recruits because foreign university graduates are felt to be more mature than their British counterparts.

City predicts a bonus bonanza

It looks like it is going to be a bumper bonus season in the City of London this year, with more than half the capital's finance professionals expecting their payouts to be more than 50 per cent higher than last year.

London accountants earn top dollar

Salaries for newly qualified accountants in the City of London have hit record levels with average compensation packages now worth up to £65,000 ($120,000) a year.

Who can you trust?

Confidence in Briatin's financial services industry has taken another knock with the revelation that a quarter of all job applications to financial employers contain at least one major discrepancy.

Finance profession has lost public trust

Pension firms and investment managers have overtaken estate agents, politicians and even traffic wardens to earn the ignominious accolade as the least trusted profession in Britain, according to new consumer research.

Leadership skills rated more highly by City than qualifications

Getting ahead in the cut-throat world of financial services isn't so much a matter of having the right qualifications as much as posessing excellent communication skills, attention to detail and leadership potential.

Long hours put pressure on finance professionals

Financial services employers have been warned that they need to address their long hours cultures and help staff balance their work and home lives following a promotion or risk losing them to another company.

Diversity initiatives are glorified PR stunts

Most finance professionals in the UK believe that workplace diversity initiatives are glorified PR stunts designed largely to ensure that employers avoid prosecution under discrimination laws.

Growing threat of insider fraud

Financial services firms in the UK face a growing threat from insider fraud and have been warned that they need to go do more if they are to protect themselves and their customers from criminals.

Bankers take the money and run

If you thought that a fat bonus cheque can buy the loyalty of your employees, think again. More than half of those working in London's financial services sector are planning to look for a new job once they have received their annual bonuses.

Goldmine at Goldman's

Wall Street giant Goldman Sachs has become the first major investment bank to reveal that the average salary for its staff has topped half a million dollars.

Banking: sexist – or just brutal?

Why are investment banks so vulnerable to writs from women who claim the have been unfairly treated? According to Matthew Lynn writing in The Business, it is largely because 'a brutalised, discriminatory working culture is part of what makes investment banking so profitable.'

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How can women leaders break free from gendered perceptions? Professor Ginka Toegel’s new book challenges the narrative that female leaders lack confidence or that women need to "fix" themselves, arguing for a fundamental shift in how organisations recognise and reward competence.

The Voice-Driven Leader

The Voice-Driven Leader

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How can managers and organisations create an environment in which every voice is genuinely heard, valued and deployed to maximum effect? This book offers some practical ways to meet this challenge.

Relationship Currency

Relationship Currency

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In an era where AI can draft emails and manage our schedules, 'Relationship Currency' is a timely reminder of the importance of investing in genuine human connection.