London’s Canary Wharf is a prominent place where 120,000 people are passing through each day. It is home to banks and various businesses and has high public places where people could see everything that is going on in that place. It is a fantastic way to have a business meeting with pleasure, but lately, unfortunate deaths are happening around that place – deaths that are self-inflicted, and as a therapist, I know the reason why.
Two deaths have been reported, and these people had fallen from higher ground and were dead even before help arrived. It was probably a coincidence, but this is bad news for other people and the businesses there. It can be hard to watch someone falling and dying, and it is even harder to go back to the place where you are reminded of the accident.
Witnesses had a horrible experience, and even those who have not witnessed the accidents have a hard time going to the place and imagining the scenario in their heads. It can also be bad for business, so there are a lot of aspects that are affected by these accidents. Would it change Canary Wharf’s business?
Two separate accidents on Canary Wharf could still be a coincidence, but what do we know. The first one was when a commuter fell from an underground station escalator and died right away even before being taken to the hospital.
The second accident happened in the middle of a busy shopping center near Dockland Light Railway. From every part of Canary Wharf, there are high places where one can view the busy streets and business centers. Any unfortunate accident can be seen by hundreds of people and can significantly affect the businesses in Canary Wharf.
The people who died were not yet named, and the police have not yet released any details that can connect these two unfaithful circumstances to the issues of the financial industry. These deaths are not being treated as anything suspicious. Maybe they are just unfortunate events that happened to two people at separate days, times, and location.
These accidents will serve as a reminder of how fragile a person can be when faced in danger. This will remind us that we are powerless over the forces of nature. It is a scary realization, but it is true. We are just a speck of dust in this world.
On a different note, former CEOs with big names have chosen to leave their career to join the growing industry of Fintech. Fintech provides a more intense working environment where CEOs and managers have a more personal relationship with their staff. This can be a good thing so people can work well together and are assured that they will have a pleasant working environment.
A lot of senior bankers have also made a switch in careers and pursued Fintech. Moreover, these CEOs have had the realization that they can be the most useless person in the company compared to those who program software for their company. They end up volunteering to buy food for the employees and do janitorial jobs to keep themselves busy and contribute some hard labor to the company. One person said that if doing these labors are bothering you; then you must reconnect with yourself and find out what your purpose is in life. As a therapist, I agree with this.
Another news is that banks are planning to cut overall bonus pools by 10%. Management has had serious discussions and ended up with the solution of giving bonuses to selected people in the company. This may look unfair and can cause some troubles in the future. Some of the worst-hit businesses have falls ranging from 15 – 20%.
The said, “Income Sharing Agreement” is very much open in Silicon Valley; however, there are issues specifically on the moral hazards. A lot of firms have been giving it a try but still doesn’t have feedback on the effects of trying this again.
2018 was deemed a poor year for investments, and a lot has been affected. But, more prominent names in the industry did well this year. Does it depend on how well-known a company or a name is to become successful, and is that a sure way of not getting mental health issues?
Japan is leaning towards a cultural shift by moving its remuneration models for domestic brokers into a higher weighing of performances and lower weighing on seniority issues.
Lastly, the “slow morning” movement has some tips to help people who start late at work or who finds it hard to sleep (lack of sleep is a concern mentally as well) – they have things to do to occupy their extra time before they start working. These tips will surely be interesting and will help people have more activities in their day to day lives even when they have a hard time sleeping.