How investment banking works

"Where you are based shapes your access, your visibility, and your proximity to decision makers. It determines whom you run into, what deals cross your desk, and how often you’re invited into the room where the real conversations happen"

(It's not ideas or analyses)
Reposted from Craig Coben
Citi’s ‘sun, sea, and spreadsheets’ experiment in Málaga is dead—and it was doomed from the start.

The bank pitched junior bankers a dream, but in investment banking, remote hubs like Málaga become a professional purgatory.

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www.ft.com/content/5663...

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