Saturday, 5 October 2013

Wall Street Oasis - Investment Banking & Finance Community: How Bad Are the Politics at Your Shop?

Wall Street Oasis - Investment Banking & Finance Community
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How Bad Are the Politics at Your Shop?
Oct 6th 2013, 03:30, by Edmundo Braverman

office-politics.jpg

Like many of you I'm sure, I was a bit shocked to hear of Simon Warshaw's retirement from UBS on the heels of the massive Vodaphone deal. Part of me says he's just going out on top after 27 years, but another part of me thinks it doesn't add up. I mean, why leave months before bonus season when you've just closed a monster deal?

Evidently I'm not the only one to think that. According to Sarah Butcher, it may have been office politics that drove him out, and she goes on to wonder if UBS has become the most political bank on the street. That got me thinking about office politics and how it affects all of us on some level.

I'll be the first to admit that I'm not much of a team player. Well, let me back up a minute. If my team is comprised of intelligent, driven individuals like myself, then I imagine I could pull it off. I just haven't encountered that scenario in the corporate environment. And because I don't always play well with others, I've often borne the brunt of office politics.

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