I was interning in Frankfurt, when I heard that Berenberg was aggressively expanding from Hamburg to London. Most people I talked to, including myself, were highly sceptical about the move. Oh, was I wrong!
It’s now been 2 years since I joined Berenberg to head up the Capital Goods research team. My summary in short is as follows: being unique as a quality research house with a commercial attitude clearly sets you apart from competition; strong management is crucial and you appreciate it when you have it; the more you can limit unnecessary regulatory burden for employees the better; investing in people is not common in this industry anymore, yet Berenberg does it and it pays off; creating an attractive working culture has failed at most banks but not here; doing global research properly is such a strong differentiator.
Berenberg is very distinctive in its people, strategy, culture and opportunities. With its success in recent years and its strategic market position I am looking forward to contributing to even greater success going forward. Here you can really make a difference and bring in your own entrepreneurial thinking. It pays off!