Bankersball brings us the news that at least one bank has attempted to ban the World Cup.
Word on the Street is that many are unhappy about a certain bank’s move to attempt to block World Cup access from TVs. It appears the change came after the said bank was recently named in a prominent publication as having a good many of their televisions turned to the matches.
It’s too bad Bankersball ran this as a blind item. We want to know which banks and trading floors have the World Cup on and which don’t. Leave your tips or speculations in the comments section or email Tips(at)Dealbreaker(dot)com.
World Cup Woes [Bankersball]
Pretty sure it was either Deutsche Bank or JP Morgan. Quote from Wall Street Journal article “World Cup Madness Invades the Workplace” below:
More than half the TV monitors on some trading floors at Deutsche Bank AG’s New York offices — including some sets belonging to executives — were tuned to the U.S. game yesterday, with periodic eruptions of emotion. (Mostly despair, as the U.S. team lost, 3-0. The U.S. plays Italy on Saturday, a game it likely must win in order to avoid elimination.) At J.P. Morgan Chase & Co., where TV screens have been split fairly evenly between financial news and World Cup games, employees displayed miniature national flags at their desks.
It’s definitely on the tube at Merrill.
on at JPM too