The best and the worst bosses in banking and finance
If you're looking for a great man (and yes, they are all men) to work beneath in your illustrious finance career, there are a few to choose from. They're all at U.S. banks. They're all white. They're all middle-aged (or beyond). And they're all loved inordinately by their staff.
Today's 'Top CEOs' ranking from Glassdoor reveals that many people in banking actually like their big bosses. Not just a little bit - they really like them. Their approval ratings are in excess of 90%.
Unsurprisingly, the most popular boss in banking is the petulantly boyish Jamie Dimon. More surprisingly, Dimon vies for first place with the more austere James Gorman at Morgan Stanley. In the UK at least, both men received rankings of 97%. In the U.S., Dimon alone was out in front with 95%, suggesting his particular brand of plain-spoken charm plays better than Gorman's dignified restraint on Wall Street.
Why do people love Jamie so? "Jamie makes an effort to get personal feedback; also hosts lunches for EAs, is honest, straightforward and is pro minorities,” says one UK employee. James, by comparison, is extolled for creating a, "great vibe," with lots of "energy" and "communication."
Ranking behind Jamie and James, UK banking staff are also partial to Citi's Mike Corbat and BofA's Brian Moynihan, who have rankings of 93% and 92% respectively.
By comparison, European banks' CEOs seem less appreciated. Only 66% of Deutsche Bank's staff globally think Christian Sewing is doing a good job, and Tidjane Thiam is rated by only 70% of his staff (which is, at least, higher than last year). Sergio Ermotti at UBS and Jes Staley at Barclays are both more popular, with ratings of 78% and 83% respectively.
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