FT on 'Industry': Behind investment banking’s annual budgets | FT #shorts

What's our number. >> What is our desk's budget for the year. >> How does nobody know that number.>> I GO TO BED with that number. We've just seen Eric Tao, who runs the cross productduct sales desk, pacing the floor, asking the team about the budget. It's a menacing scene.I feel the menace of Eric coming off there. What's the budget. What's he talking about.>> Yeah, it's absolutely right that bosses do get very, very excited and try and boy up their teams or scare them into working harder. However, I have ...