One of China’s best-known finance professors had a surprising call for the country’s next generation of bankers when they graduated this summer: there was no need to be ashamed of their choice of profession.
“Some people have started to think that the finance industry is worthless because it does not seem to involve hardcore technology, or because it supposedly creates unnecessary transactional costs,” said Li Feng, deputy dean of Shanghai Jiao Tong University’s Advanced Institute of Financ