Build an Investment Bank: Introduction
As I hinted before, I have been thinking about this for a while. This series is going to be about taking some discrete pieces of what makes a modern day investment bank, making a choice about how that part would be setup under DJT’s tyrannical rule, and stating the case for setting things up that way. Here are some example topics:
- Risk management and organization surrounding risk management
- Business mixes and core competencies
- Management structure and other nuances of configuring management roles
- Proprietary trading / risk taking
- Technology
- Operations and support roles
- Ownership / corporate structure and other things (owned by a bank or not, for example)
- Deciding on what, if any, presence in consumer markets should exist
- Compensation
- Culture and approach to H.R. and other people issues
- Reviews and performance management
- Anything else that comes to mind
I think that feedback on other areas or how to group these would be interesting to receive. The first one of these issues I think should be tackled is technology. It’s a topic I have thought a lot about and is extremely important in figuring out how day-to-day operations occur. I hope to have this up shortly. I have lots of skeletons of these entries written about, and more thoughts, so hopefully this series will have a lot of meat to it soon.
Tags: baib, bank, build, build an investment bank, business, investment, investment bank, management, operations, pieces, Risk, Structure, Technology
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July 12, 2008 at 7:36 pm
[...] Dear John Thain Once upon a time I wrote John Thain a letter. I never heard back. Maybe my thoughts need a broader audience. « Build an Investment Bank: Introduction [...]