Part self-help career guide, part introduction to the banking industry and part biography, The Ultimate Banker is the culmination and condensation of Edwin Lim’s 23 years of experience in the industry which saw him rise from trainee to Chief Operations Officer of several multi-national banks. Co-written by Singapore’s Lost Son Leong Kaiwen and Princeton undergrad Edward H. Choi, the book is an interesting insight into the banking industry.
The book breaks down the industry into clearly defined segments of Investment Banking, Wealth Management and Treasury and succinctly explains the roles of each. While global universal banks such as Citi are involved in all aspects of the banking business, operations are segregated, profits are derived in different manners, and the skill set and knowledge required to succeed in the different units are radically different. An analogy I could draw is that of banking to the F&B industry. While an award winning ......