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On the front page of the Wall Street Journal earlier this month, they asked their Millennials to stay and promised that things will improve by offering clearer paths to promotions, experiences in different banking environments and mandating "No Work Saturdays".
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Banking crises seem able to occur in just about any banking environment.
He said the investment banking environment was difficult and "could stay weak for a while".
CEO Michael Solberg shares how Bell Bank has grown rapidly in a challenging banking environment.
"The U.S. banking environment is to some extent different than the Canadian banking environment," Mr. Masrani said, adding that it demanded numerous, if small, adjustments to the bank's standard methods.
"What's more, you cannot have a banking environment that is risk free, gives high returns while being highly transparent.
The bank said revenue fell in nearly every business during its fiscal fourth quarter, underscoring how quickly the banking environment has deteriorated since the summer.
Mr. Diamond's failure to get the top spot may have less to do with him than with the current banking environment in Britain.
Chief executive Ana Botin said: "The UK economic recovery is strengthening, although uncertainties remain in the banking environment for the year ahead.
BLOOMBERG NEWS | FINANCIAL TIMES Nordea Joins Other Banks With Massive Job Cuts | Nordea, the biggest Scandinavian bank by market value, is expected to cut about 2,000 jobs by the end of 2012, as it grapples with the realities of the difficult banking environment.
This is also an area where members of my Banking Environment Initiative are showing leadership through their "Soft Commodities Compact," supporting consumer goods companies in the quest to remove deforestation from their supply chains.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com