If you’re an analyst working in IBD for Goldman Sachs, you probably don’t have a great deal of spare time. What little time you have needs to be used with maximum efficiency. Fortunately, therefore, one second year analyst in Goldman’s London-based IBD group, has written a long and thoughtful meditation on the use of Tinder.
Mai Le, a graduate of the London School of Economics, joined Goldman’s London office in July 2014. She joined Tinder six months later, and put it to good effect.
Firstly, Le points out that Tindr is a tool that’s entirely within your control: “Who you select, end up with and how they treat you is entirely your responsibility.” Secondly, she reflects that it’s a great way of meeting people who don’t work in banking and therefore of ‘magnifying the reach and the speed’ with which you expand your social network: “I have met people I won’t have otherwise met my daily life in finance: for example, actor, movie director, theatre performer, architect, soldier, entrepreneur…”
Le details one of her unsuccessful encounters on Tinder, which she suggests was worthwhile because, “I rather like confrontational situations. They are great chances to practice how to use power.” And she suggests some, “unique challenges for the fun online conversations.” These include: “Guess my number” challenge: Level 1: There are two digits in 0-9 that repeats twice in my number, if you can guess both of them right, you progress to level 2. Level 2: There are two digits in 0-9 that are not in my number, if you get any of them right I’ll give it to you.”
Le met her long-term partner (‘the Monsieur’) on Tinder, and is unlikely to use the app on an ongoing basis. If you’re an analyst who’s thinking of signing-up in between PowerPoints, her chatlines are therefore freely available. – They seem to work; Le says her Tinder experience was unbelievably positive.
Separately, London-based bankers and all who work alongside them have reason to fear the UK leaving the EU. The Financial Times reports on figures from the UK Treasury which purportedly show that 100,000 London finance jobs are directly linked to the EU and another 185,000 are indirectly dependent upon them.
Meanwhile:
Murray Roos is, predictably, named global co-head of equities at Citigroup. (Bloomberg)
Gordon Neilly, the head of Cantor Fitzgerald in Europe, has left to allow his career to ‘take a different direction.’ (Financial News)
The Public Sector Pension Investment Board is hiring around 10 people for its private equity operation in London. Omers Private Equity is hiring too. (WSJ)
Revenues at Paul Taubman’s boutique, PJT Partners, rose 39% in the first quarter. (Financial News)
Michael Yarian, who left Barclays earlier this year, is now running U.S. fixed income at HSBC. (Financial Times)
Deutsche just promoted a new global head of healthcare coverage. (Bloomberg)
Meet the 44 year-old ex-Deutsche Bank managing director found guilty of insider trading. (Bloomberg)
The question to ask at the end of the Goldman Sachs interview: “What’s one of the most interesting projects or opportunities that you’ve worked on?” (Business Insider)
“It’s not hard to be an investment manager right now, as long as you don’t over-think it.” (Twitter)
The Trump solution would, among other things, deprive the world economy of its most crucial safe asset, U.S. debt, at a time when safe assets are already in short supply. (NY Times)
Rich Americans spend less time socializing with their family and neighbors — although they do spend more time socializing with friends. (Vox)
I wish I’d saved less money as a 20-something in banking. (Bruce Packard)
Finance is no longer where the jobs are. (BloombergView)
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