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The City office where bankers cope with life after redundancy

As the industry shrinks and investment bankers lose their jobs, companies turn to outplacement firms to help those affected move on

The City office where bankers cope with life after redundancy
Photo: Getty Images / FN Staff

David* worked in investment banking for 33 years and was made redundant three years ago. Banking had defined his sense of self, provided him with friends, disposable income and monopolised his waking hours.

“Banking dominated my life. When you put in 12 hours a day and often more; flown from London to Singapore at a moment’s notice; when you devote yourself to a job like that, it takes over. It defines who you are,” he said.

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