Posted tagged ‘operations’

Build an Investment Bank: Introduction

July 7, 2008

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.