Have you noticed differences between banks from different countries?
Hi guys, first post here.
I wanted to ask about something I have heard about and had some experience with, namely the different approaches to seemingly a hyper-globalised and uniform industry which is financial services/ investment banking.
For example when still at university and fresh out it, I applied to a set of investment banks we all know and probably all applied to. The only banks that ever got to me (non-target school grad) were French and Swiss (French speaking though) firms in London. I am not French or French speaking btw.
When I got to know the management there better they started talking about "this is a French bank, we do things differently here". In particular some areas are a more egalitarian approach to recruitment (at least outside of France) or less overtime for most positions comparably to their neighbours.
So I wanted to know, what is other people's experience with this if you have worked in more than one organisation from different countries.
Hey there, welcome to the jungle!
Based on the most helpful WSO content, it seems like there are indeed overarching cultural differences between banks in different countries. For instance, in the Asia Pacific region, many bankers seem to really enjoy their work and spending time with colleagues. There's a sense of camaraderie and a warm culture.
As for your experience with French and Swiss banks, it's interesting to hear about their more egalitarian approach to recruitment and less overtime. It's a good reminder that while investment banking is a global industry, cultural nuances can still play a significant role in how things are done.
However, it's also important to remember that culture can vary not just by country, but also by individual banks and even divisions within those banks. Some banks might attract different types of folks, and stereotypes about certain banks being more "blue blood" or "fratty" might not always hold true.
In the end, it's all about finding the right fit for you. So keep exploring, keep asking questions, and don't be afraid to swing from branch to branch until you find your perfect tree. Good luck!
Sources: https://www.wallstreetoasis.com/forum/job-search/overseas-living-and-travel-or-mixed-cultural-background-how-to-market-that-in-an?customgpt=1, https://www.wallstreetoasis.com/forum/investment-banking/did-anyone-enjoy-or-appreciate-their-ib-experience?customgpt=1, https://www.wallstreetoasis.com/forum/investment-banking/ib-cultures-in-different-countries?customgpt=1, https://www.wallstreetoasis.com/forum/investment-banking/is-there-an-appreciable-difference-in-culture-between-investment-banking?customgpt=1
Qui nesciunt qui similique modi nesciunt quia. Illo tempore dignissimos qui delectus alias quasi dolorem. Ab omnis tempora nemo temporibus dignissimos debitis. Aperiam quidem voluptatibus quibusdam reiciendis qui saepe sunt rem. Hic cupiditate eum consectetur ratione.
Nihil natus quidem blanditiis. Et autem nesciunt voluptatem. Provident corrupti modi quos numquam et quisquam.
Magni nisi sunt repellendus facilis sit. Quis eos sed est. Dolores voluptatem mollitia vel quaerat possimus hic. Non ad eos modi repudiandae aut inventore consequatur. Qui earum qui labore blanditiis.
Et provident sunt doloribus placeat dolorum omnis. Temporibus vero unde rerum dolorem repudiandae. Sed culpa beatae ea repellat.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...