Shell have just announced an across the board cut.
As I may well end up at an Investment Bank soon this is of personal interest.
I'm guessing that an exemption clause would be rejected, at least for a 1st time IB contract. It might be possible for renewal / subsequent contracts though and I wondered what views anyone might have on how a Client might react if it applied an across the board cut and was then told 'on yer bike, I'm exempt'.
As a business they should just take it on the chin but I've heard rumours that some senior folk at IBs can be sometimes be less than objective..?
I'm sure its just talk though. I bet they're all smashing people in real life, just as happy to take it as deal it out.
As I may well end up at an Investment Bank soon this is of personal interest.
I'm guessing that an exemption clause would be rejected, at least for a 1st time IB contract. It might be possible for renewal / subsequent contracts though and I wondered what views anyone might have on how a Client might react if it applied an across the board cut and was then told 'on yer bike, I'm exempt'.
As a business they should just take it on the chin but I've heard rumours that some senior folk at IBs can be sometimes be less than objective..?
I'm sure its just talk though. I bet they're all smashing people in real life, just as happy to take it as deal it out.
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