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The City....big loser in 2009?

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    The City....big loser in 2009?

    Winners and losers 2009

    Interesting, predicting banks hoofing off to the continent and leaving the City.

    Will the City lose its premier status as "the" financial capital?
    I'm alright Jack

    #2
    Good riddance to the lot of them - would you ever want to work in such a shoddy sleazy sector such as Financial Markets - just look at the stress levels that are in store for you ...

    937 financial markets professionals took part in our Financial Markets Stress Survey last week.

    Here's the 'stressed-out' bankers firm league table (where staff feel more stressed than they did just 6 months ago) :

    1. Bear Stearns - 98.3%

    2. Morgan Stanley - 97.1%

    3. Royal Bank of Scotland - 91.5%

    4. Lehman Brothers - 89.2%

    5. SG Corporate & Investment Banking - 72.1%

    6. UBS - 71.6%

    7. Bank of America - 70.9%

    8. Merrill Lynch - 70.8%

    9. Dresdner Kleinwort - 70.7%

    10. Barclays Capital - 69.8%

    11. Citigroup - 69.7%

    12. Schroders - 67.4%

    13. HSBC Investment Bank - 66.9%

    14. Deutsche Bank - 66.4%

    15. ABN AMRO - 61.9%

    16. Goldman Sachs - 61.2%

    17. JPMorgan - 58.8%

    18. Credit Suisse - 54.5%

    19. State Street - 50.4%

    20. BNP Paribas - 48.7%

    21. Nomura International - 47.3%

    22. Bank of New York Mellon - 46.1%

    23. Wachovia - 45.8%

    24. Morley Fund Management - 44.3%

    25. BlackRock - 41.6%

    And here's the other results:

    Overall, 71.4% of respondents said that they felt more stressed out than they did 6 months ago.

    69.1% said that they were exhibiting 3 or more of the following signs of stress:

    Trouble sleeping, escaping through drinking more, decreased appetite, inability to concentrate, general loss of productivity, getting sick more, short temper, more frequent bad moods, isolating yourself from friends and family and general apathy.

    46.8% of respondents said that they were actively trying to manage their stress.

    23.5% said that they weren't, but were going to start now.

    29.7% said that they feel that they can't do anything about it.

    FRONT OFFICE

    75.6% of respondents said that they felt more stressed out than they did 6 months ago.

    71.1% said that they were exhibiting 3 or more signs of stress.

    42.9% of respondents said that they were actively trying to manage their stress.

    25.9% said that they weren't, but were going to start now.

    31.2% said that they feel that they can't do anything about it.

    MIDDLE OFFICE

    66.9% of respondents said that they felt more stressed out than they did 6 months ago.

    63.1% said that they were exhibiting 3 or more signs of stress.

    46.3% of respondents said that they were actively trying to manage their stress.

    23.1% said that they weren't, but were going to start now.

    30.6% said that they feel that they can't do anything about it.

    BACK OFFICE

    68.9% of respondents said that they felt more stressed out than they did 6 months ago.

    70.2% said that they were exhibiting 3 or more signs of stress.

    51.6% of respondents said that they were actively trying to manage their stress.

    20.8% said that they weren't, but were going to start now.

    27.6% said that they feel that they can't do anything about it.

    REGIONAL RESULTS

    The Americas -

    72.8% of respondents said that they felt more stressed out than they did 6 months ago.

    75.1% said that they were exhibiting 3 or more signs of stress.

    Asia-Pac

    62.8% of respondents said that they felt more stressed out than they did 6 months ago.

    65.1% said that they were exhibiting 3 or more signs of stress.

    Europe, Middle East & Africa

    71.5% of respondents said that they felt more stressed out than they did 6 months ago.

    68.2% said that they were exhibiting 3 or more signs of stress.

    Comment


      #3
      Originally posted by BlasterBates View Post
      Winners and losers 2009

      Interesting, predicting banks hoofing off to the continent and leaving the City.

      Will the City lose its premier status as "the" financial capital?
      No

      next

      Comment


        #4
        There's a lot of potential taxpayers that could be lost to the UK, and let's face it, Labour need them !!!

        Comment


          #5
          Originally posted by AlfredJPruffock View Post
          Good riddance to the lot of them - would you ever want to work in such a shoddy sleazy sector such as Financial Markets - just look at the stress levels that are in store for you ...
          Yes! For £500+ a day, I'll work in a shoddy sleazy sector and put up with a bit of stress
          Work in the public sector? Read the IR35 FAQ here

          Comment


            #6
            Originally posted by BrilloPad View Post
            No

            next
            WHS - Nope city will get its status back.

            Comment

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