The Ex-Banker on Cocaine Binges & £600k Bonuses | Informer

A video on YouTube. In Documentaries, a Krater category.

Summary by Krater

An ex-investment banker reflects on his 12-year career in London, describing the high-stress culture, massive bonuses, and widespread drug use, concluding that banking rewards psychopathic traits and insider trading.

From the video

Answers: What was it really like working as an investment banker in London?

Investment banking culture
Cocaine use in finance
Financial bonuses and compensation
Insider trading risks
Psychopathy in corporate environments

What it concludes

Investment banking rewards psychopathic traits such as lack of empathy, manipulation, and disregard for regulations.
Insider trading is widespread within investment banking because the rewards are massive and the risks of getting caught are negligible.
Bonus caps have limited the extreme financial payouts once common in banking, changing the culture significantly.

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