After the EU, the city should become an attractive place for parallel markets Business News

and we face it: no one likes bankers By their own greed and pride, they blew up what little public relations capital they had, with the 2008 crisis and their dismal inability to take responsibility.

For too many people in the city afterwards, it was business as usual and still involved giving yourself big bonuses. Claims that their pay had indeed reduced fell on deaf ears because their pay, even when it went down, was so far below that of ordinary people.

The fact that neither of them was ready to face criticism, to explain their role, added to the feeling of arrogance and disdain. I well remember the bewilderment at Goldman Sachs that their then leader’s words, “We are doing the work of God,” ridiculed them. They just didn’t get it.